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HomeMy WebLinkAboutCity Council Resolution 93-25.12 RESOLUTION NUMBER 93-25.12 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA INCREASING APPROPRIATIONS AND AMENDING THE F.Y. 1994 BUDGET: WHEREAS, it has been recom.aended by the City Manager that the following transfer of appropriations and increase in the present budget appropriations be made: NOW, THEREFORE, BE IT RESOLVED, that the budget of the City of Saratoga adopted by Resolution 93-25 be amended as follows: Transfer: $ 1,400,000 to (9630-9875) Pkg. Diet. #3 Bond Proceeds $ 1,244,900 to (5053-6760) Pkg. Diet. 13 Bond Principal $ 46,500 to (5053-4510) Pkg. Dist. #3 Issuance Costs $ 108,600 to (9630-5620) Contrib. to General Fund $ 200,000 to (9750-9875) Leonard Road Bond Proceeds $ 30,674 to (9750-7110) Leonard Road Prepaid Assessments $ 96,674 to (9750-6560) Prepaid Bond Principal $ 134,000 to (9750-4510) Leonard Road Project Purpose: To budget for the Refunding of Parking District #3 Bonds and the Leonard Road Project. Bond Issuance has now been finalized. The above and foregoing Resolution was passed and adopted at a regular meeting of the Saratoga City Council held on the 16th day of March, 1994 by the following vote: AYES: NOES: Councilmembers Anderson, Burger, Kohler, Monia and Mayor Tucker None ABSENT : None ATTEST: ~~-- ", / Lbd~ -Mhs$J'~~ ~ r!, ~/ DEPUTY CITY CLERK~