HomeMy WebLinkAboutReso 2015-101 - Cypress Bridge projectr�
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Resolution No. 2015-101
A RESOLUTION OF THE CITY OF REDDING APPROVING AND ADOPTING THE 11TH
AMENDMENT TO CITY BUDGET RESOLUTION NO. 2015-057 APPROPRIATING
$11,600,000 IN FISCAL YEAR 2015-16 FOR CLAIMS SETTLEMENT, LEGAL EXPENSES
AND STAFF TIME ASSOICATED WITH THE CYPRESS BRIDGE PROJECT
BE IT RESOLVED 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 $11,600,000
THAT account titles and numbers requiring adjustments by this Resolution are as follows:
Decrease Beginning Cash
128-563-1-0001-01 Beginning Balance
Increase Revenue
128-563-6-2650-18 Federal Grant Revenue -Capital
Increase Expenditures
128-563-4908-01 Cypress Bridge Project
USE SOURCE
OF FUNDS
$ 11,600,000
OF FUNDS
$ 1,330,520
$ 10,269,480
Total $ 11,600,000 $ 11,600,000
THAT the purpose is to appropriate $11,600,000 in fiscal year 2015-16 for claims settlement, legal
expenses and staff time associated with the Cypress Bridge project.
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 15th day of December, 2015, and was duly adopted at
said meeting by the following vote:
AYES:
COUNCIL MEMBERS:
NOES:
COUNCIL MEMBERS:
ABSENT:
COUNCIL MEMBERS:
ABSTAIN:
COUNCIL MEMBERS:
ATTEST:
Cadd, Schreder, Sullivan, Weaver, & McArthur
None
None
None
FORM APPROVAL:
"AMELAMIZE, City 0A BARRY E. T eWA T, City Attorney
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