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HomeMy WebLinkAboutReso 2015-061 - Eastside/Olney Bridge• Resolution No. 2015-061 A RESOLUTION OF THE CITY OF REDDING APPROVING AND ADOPTING THE 2ND AMENDMENT TO CITY BUDGET RESOLUTION NO. 2015-057 APPROPRIATING $2,759,856 TO REPLACE EASTSIDE/OLNEY AND SHARON ACID BRIDGES FOR FISCAL YEAR 2015-16 BE IT RESOL VED BY THE CITY COUNCIL OF THE CITY OF REDDING THAT Budget Resolution No. 2015-057 be and is hereby amended as follows: FUND DIVISION DESCRIPTION INCREASE DECREASE 128 563 Traffic Impact Fees 128 .566 Transportation Grant Projects $ 212,638 $ 2,547,218 THAT account titles and numbers requiring adjustments by this Resolution are as follows: Decrease Fund Balance 128-563-1-0001-01 Increase Revenue 128-566-6-2650-18 Increase Expenditures 128-563-0-4908-10 128-566-0-4908-10 128-566-0-4908-11 Beginning Balance Federal Grant Capital Public Work Eastside/Olney Bridge Eastside/Olney Bridge Sharon/ACID Bridge USE OF FUNDS $ 212,638 $ 1,641,212 $ 906,006 $2,759,856 SOURCE OF FUNDS $ 212,638 $ 2,547,218 $2,759,856 THAT the purpose is to appropriate an additional $2,759,856 in Highway Bridge Program funding for Eastside/Olney and Sharon/ACID bridges for Fiscal Year 2015-16 as referenced in Amendment No. 3 to the Shasta County 2015 Federal Transportation Improvement Program (FTIP). 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 21st day of July, 2015, 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 Jv ✓" IE SULLIVAN, Mayor C ATTEST: FORM APPROVAL: IA 4, ze� PAMELA MIZE, City BARRY E. De AL , City Attorney