HomeMy WebLinkAboutCity Council Resolution 04-017
RESOLUTION NO. 04-017
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
SARATOGA AMENDING THE 2003-2004 BUDGET FOR AN
APPROPRIATION OF FUNDS TO BE ALLOCATED TO
START THE SARATOGA-MONTE SERENO COMMUNITY
FOUNDATION
WHEREAS, the creation of a Community Foundation has been under consideration for a number of
years; and
WHEREAS, community members have come forward to take leadership in the Foundation's launch;
and
WHEREAS, the City of Monte Sereno has indicated interest in being included; and
WHEREAS, the Foundation needs funds to pay start up costs and/or provide a matching fund to
generate additional contributions; and
WHEREAS, the Community Foundation will operate more cost effectively than if a City sponsored
organization;
NOW, THEREFORE, the City Council of the City of Saratoga hereby resolves as follows:
To appropriate $25,000 to be contributed to the Saratoga-Monte Sereno Community Foundation
AND BE IT FURTHER RESOLVED, to adjust the City of Saratoga's Fiscal Year 2003-2004 budget
for the appropriation of $25,000 for this project according to the following entries:
Increase
Decrease
001-1005-511.40-51 City Council
001-1010-511.50-02 Council Contingency
$12,500
$12,500
The above and foregoing resolution was passed and adopted at a regular meeting of the Saratoga
City Council held on the 4th day of February 2004 by the following vote:
AYES:
Councilmembers Stan Bogosian, Norman Kline, Nick Streit,
Vice Mayor Kathleen King, Mayor Ann Waltonsmith
NOES: None
ABSENT: None
ABSTAIN: None
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Ann Waltonsmith, Mayor