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HomeMy WebLinkAboutReso 2016-024 - REU facility at AvtechResolution No. 2016-024 A RESOLUTION OF THE CITY OF REDDING APPROVING AND ADOPTING THE 24`h AMENDMENT TO CITY BUDGET RESOLUTION NO. 2015-057 APPROPRIATING $2,000,000 FOR IMPROVEMENTS AT THE REDDING ELECTRIC UTILITY (REU) FACILITY AT 3611 AVTECH PARKWAY AND OTHER SPACE -RELATED EXPENSES FOR FISCAL YEAR 2015-16 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 142 859 Avtech Annex $500,000 142 859 Avtech North Parking Lot $800,000 142 859 Avtech Communication Tower $100,000 142 859 Avtech Completion Project $600,000 DECREASE THAT account titles and numbers requiring adjustments by this Resolution are as follows: Increase Revenues 142-851-1-0001-01 Increase Expenditures 142-859-4335-06 142-859-4335-07 142-859-4335-08 142-859-4335-09 Beginning Balance — Bond Proceeds Avtech Annex Avtech North Parking Lot Avtech Communication Tower Avtech Completion Project USE SOURCE OF FT JNDS OF FT JNDS $2,000,000 $500,000 $800,000 $100,000 $600,000 $2,000,000 $2,000,000 THAT the purpose is to appropriate $2,000,000 of bond proceeds for improvements at the Redding Electric Utility (REU) facility at 3611 Avtech Parkway and other space related expenses for fiscal year 2015-2016. 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 1st day of March, 2016, and was duly adopted at said meeting by the following vote: AYES: COUNCIL MEMBERS: NOES: COUNCIL MEMBERS: ABSENT: COUNCIL MEMBERS: ABSTAIN: COUNCIL MEMBERS: ATTEST: PAMELA MIZE Cit erk Y Cadd, Schreder, Sullivan, Weaver, & McArthur None None None FORM APPROVAL: BAMY E. DeWALT, City Morney