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HomeMy WebLinkAboutCity Council Resolution 349· , RESOLDTION NO. 349 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF S:[RATOGA ADOPTING BUDGET FOR EXPENDITURE OF FUNDS ALLOCATED FROM THE STATE HIGHWAY FUND TO CITIES WHEREAS a master agreement has been executed by the City of Saratoga , hereinafter referred to as the City, and the State Department of Public Works, Division of Highways, herelnafter referred to as the Department, on March 8 , 19 61.., for expenditure of State-allocated funds; and was submitted to the m e , 19.66 showing the estimated expenditures of such funds recon~mended to be made during the 19 66-67 fiscal year; and WHEREAS a budget approved by the Department on October 10 , 19 66 has been presented to the City Council in accordance with the project statement submitted by the City; and WHEREAS the City Council has considered said budget, as approved by the Department, and is familiar with the contents thereof; THEREFORE, be it resolved by the City Council that said budget be and is hereby adopted as the budget of expenditures recommended to be made from such funds during the 19 66-67 .. fiscal year. ADOPTED this day of , 19 · Mayor of the City of Saratoga Attest: City Clerk of the City of Saratoga I hereby certify that the foregoing resolution was duly and regularly passed by the City Council of the City of Saratoga at a regular meeting thereof held , 19 . Clerk of the City of Saratoga (AFFIX CITY SEAL) 'i96°~~- 6T Fiscal Year STATI5 OF CALIFORNIA DIVISION OF HIGHWAYS City of Saratoga ............ EJ~:J~3}~TU~ES OF ST;~1'2 ,~L~.OCAT~D (0.725¢) FUNDS (S~t~on 2107-Stroe~s · Highways Co~e) The City of Saratoga pursuant to Section 197 of the Streets an~ Highways Code has submitted ~ the department a budget proposal dated September 1~ 19 ....66 showing the estimated expenditure of State allocated (Section 210~) funds recommende~ to be ~ade during the 19 66-67 fiscal year. Such work to be accomplished by this approved budget shall be done under terms of the master agreement cover- ing the budgeting of these funds as executed onM~ch ~ ,19 61 ~d under the terms of supptemental agreements Nos. "' as executed subsequently, and also under the terms of the supplemental agreement No. "' attached hereto. Expenditures for project (s) in the approved budget may be made after execution by the City and the department of the attached suppIemental agreement. A VAILA~J.~ FUNDS x~xxx 0.725¢ U~expended under project 9 (City) Right O:[' Way $ 4,959.15 inZerest on investment of gas tax funds for the fiscal year 1965-66 (Clty) 5,076.80 Funds accrued and unbudgeted as of June 30, !966 (State) 2,353.38 ~stimated to accrue d~ring the ~Iscal year endi~g J~ne 30, 1967 78., 990.00 $91,379 - 33 ~o~ ,c-~s c,-,,~ R~v. Page 1 of STA'i'E (Sectlen 210?-Sere~t~ & BY P~OJECTS To be made by the City of Saratoga During the 19..~;.6-6__...Z_.fiscal year The project (s) and the estimated expenditure therefor as listed hereinafter constitute the budget heretofore submitted by the city which has been, and is hereby, approved by the department: State Allocated State Highway Pro~ Location Miles Description (Section 2107) Funds Budget Funds City Funds Other Funds Other Select System Project Select city streets and Maintenance October 1, minor city streets 1966 to June 30, 1967 $42,317.14 Quito Road from. 0.62 Grade and Pave Austin Way to Right of Way 41,985.39 Bictmell Road Construction 2,000.00 $86,302.53 SCHEDULE OF PA YI~,4ENT OF FUNDS TO CITY Total budgeted $86,302..53 Less: BUI.)GET APPi~OV~D by the Department October 10,196A Amount available in City (dote) S. G. T. S. I. Fund 10,035.9.5 Amount held for work by .....cT(~71-~..Te.~:~._vV_: department '- City and County Projects Engineer Total payment to City for the $76,266.58 ]9--GJS.-~Z.__F.Y. budget Page?Loft ~