HomeMy WebLinkAboutReso 2014-115 - Oasis Towne Center Resolution No. 2014-115
A RESOLUTION OF THE CITY OF REDDING APPROVING AND ADOPTING THE
35TH AMENDMENT TO CITY BUDGET RESOLUTION NO. 2013-61
APPROPRIATING $400,000 FOR SETTLEMENT COSTS ASSOCIATED WITH THE
OASIS TOWNE CENTER LITIGATION FOR FISCALYEAR 2014-15
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF REDDING
THAT Budget Resolution No. 2013-61 be and is hereby amended as follows:
FUND DIVISION DESCRIPTION INCREASE DECREASE
128 563 TRAFFIC IMPACT FEES $ 400,000
THAT account titles and numbers requiring adjustments by this Resolution are as follows:
USE SOURCE
OF OF
FUNDS FUNDS
Decrease Fund Balance
128-563-01-0001-01 Beginning Balance $400,000
Increase Expenditures
111-563-0-4858-02 Oasis Road Interchange $400,000
$400,000 $400,000
THAT the purpose is to appropriate $400,000 for settlement costs associated with the Oasis
Towne Center litigation for fiscal year 2014-2015.
I HEREBY CERTIFY that the foregoing Resolution was introduced and read at a regular
meeting of the City Council of the City of Redding on the 2nd day of December, 2014, and was
duly adopted at said meeting by the following vote:
AYES: COUNCIL MEMBERS: Cadd, McArthur, Schreder,Weaver, & Sullivan
NOES: COUNCIL MEMBERS: None
ABSENT: COUNCIL MEMBERS: None
ABSTAIN: COUNCIL MEMBERS: None
CIE SULLIVAN, Mayor
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ATTEST: FORM APPROVAL:
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PAMELA MIZE; Gftf Clerk RICHARD A. DUVERN , City Attorney
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