HomeMy WebLinkAboutCity Council Resolution 03-072
RESOLUTION NO. 03-072
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
SARATOGA AMENDING THE MULTIPLE YEAR CAPITAL
IMPROVEMENT PROJECT (CIP) BUDGET
WHEREAS, The City of Saratoga established a new CIP budget on December 19,2001;
and
WHEREAS, the CIP budget is a multiple year budget where appropriations are project
length and do not also lapse at operating fiscal year end; and
WHEREAS, the need to amend the existing CIP is based upon new infonnation and new
priorities established by the existing City Council; and
NOW, THEREFORE, the City Council ofthe City of Saratoga hereby approves as follows:
Amendment To The Adopted 2001-2006 CIP
In recent review of the Adopted 2001-2006 CIP, project scopes were either revised,
projects completed, and/or new sources of funding (i.e. revenue grants) identified. As a result,
the amount of$73,002 has detennined to be freed or "unobligated".
The above and foregoing resolution was passed and adopted at an adjourned meeting of the
Saratoga City Council held on the 5th day of November 2003 by the following vote:
AYES:
Councilmembers Stan Bogosian, Kathleen King, Nonnan Kline,
Vice Mayor Ann Waltonsmith, Mayor Nick Streit
NOES: None
ABSENT: None
ABSTAIN: None
TEST: