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HomeMy WebLinkAboutReso 2016-083 - Stillwater Business ParkRESOLUTION NO. 2016-083 A RESOLUTION OF THE CITY OF REDDING APPROVING AND ADOPTING THE 415` AMENDMENT TO CITY BUDGET RESOLUTION NO. 2015-057 APPROPRIATING $25,000 TO ASSIST WITH MARKETING COSTS OF STILLWATER BUSINESS PARK FOR FISCAL YEAR 2016-17 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 128 DIVISION DESCRIPTION 436 Stillwater Industrial INCREASE DECREASE $25,000 THAT account titles and numbers requiring adjustments by this Resolution are as follows: Increase Revenue 178-437-7-4100-01 Decrease Revenue 178-437-5-5040-01 Increase Revenue Sale of Property Fund Transfer Out 128-436-5-5020-01 Fund Transfer In Increase Expenditures 128-436-4312-01 Stillwater Industrial USE SOURCE OF FI INDS OF FT INDS $ 25,000 $ (25,000) $ 25,000 $ 25,000 Total $ 25,000 $ 25,000 THAT the purpose is to appropriate $25,000 to assist with marketing costs of Stillwater Business Park for fiscal year 2016-2017. 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 19th day of July, 2016, and was duly adopted at said meeting by the following vote: AYES: COUNCIL MEMBERS: Cadd, Schreder, Sullivan, Weaver, & McArthur NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: None ABSTAIN: COUNCIL MEMBERS: None I SYce THUR, Mayor ATTEST: FORM APPROVAL: c 6 C Lr PAM LA MIkE, City rk B Y E. le-VIFATV, ity torney UV