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HomeMy WebLinkAboutCity Council Resolution 04-013 RESOLUTION NO. 04-013 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 information and new priorities established by the existing City Council; and NOW, THEREFORE, the City Council of the 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$39,736, from the El Quito Curb & Gutter Replacement Project, has determined 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 4th day of February, 2004 by the following vote: AYES: Councilmembers Norman Kline, Nick Streit, Vice Mayor Kathleen King, Mayor Ann Waltonsmith NOES: Councilmember Stan Bogosian ABSENT: None ABSTAIN: None CLJ~d Ann Waltonsmith, Mayor