HomeMy WebLinkAboutReso 2017-010 - Waldon Substation RESOLUTION NO. 2017-010
A RESOLUTION OF THE CITY OF REDDING APPROVING AND ADOPTING THE
66th AMENDMENT TO CITY BUDGET RESOLUTION NO. 2015-057 APPROPRIATING
$1,952,000 TO PROVIDE PARTIAL FUNDING FOR THE MODERNIZATION OF THE
WALDON SUBSTATION 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 DIVISION DESCRIPTION INCREASE DECREASE
142 859 Modernize Waldon Substation $1,952,000
THAT account titles and numbers requiring adjustments by this Resolution are as follows:
USE SOURCE
OF FUNDS OF FUNDS
Decrease Expenditure
142-859-3100-01 Land Acquisition $ 25,000
142-859-3200-01 Station Equipment $ 752,000
142-859-3340-01 Overhead Conductors $ 50,000
142-859-3440-01 Underground Conductors $ 500,000
142-859-3500-01 Transformers $ 500,000
142-859-3600-01 Meters $ 75,000
142-859-3930-01 New Extensions $ 50,000
Increase Expenditures
142-859-4207-40 Modernize Waldon Substation $ 1,952,000
Total $ 1,952,000 $ 1,952,000
THAT the purpose is to appropriate $1,952,000 for partial funding of the Modernization of the
Waldon Substation 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 7th day of February, 2017, and was
duly adopted at said meeting by the following vote:
AYES: COUNCIL MEMBERS: McElvain, Schreder, Sullivan,Winter, & Weaver
NOES: COUNCIL MEMBERS: None Q)
ABSENT: COUNCIL MEMBERS: None G
ABSTAIN: COUNCIL MEMBERS: None
BRENT WEAVER, Mayor C
ATTEST. FORM APPROVAL: C
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PAMELA MIZE, City Cler BARRY . eWALT, City Attorney