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HomeMy WebLinkAboutReso 2002-096 - Excess Gas Tax 410. zoo 2 — q(, A RESOLUT' OF THE CITY OF REDDING AT TING AND ADOPTING THE _ AMENDMENT TO CITY BUDGE SOLUTION NO.2001-104 APPROPRIATING $425,000 FOR ALLOCATION OF EXCESS GAS TAX AND TRANSPORTATION DEVELOPMENT ACT FUNDS FOR STREET MAINTENANCE PURPOSES FOR FISCAL YEAR 2001-02. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF REDDING THAT Budget Resolution No. 2001-104 be and is hereby amended as follows: Fiscal Year 2001-02 FUND DIVISION DESCRIPTION INCREASE DECREASE 111 518 Street Projects $ 425,000 THAT account titles and numbers requiring adjustments by this Resolution are as follows: USE SOURCE OF FUNDS OF FUNDS Increase Revenue Local Transportation Fund 127-377-06-8100-01 TDA $ 318,000 127-377-05-5001-01 Transfer to General Fund (318,000) Special Gas Tax Fund 128-376-05-5054-01 ISTEA $ 107,000 128-376-05-5001-01 Transfer to General Fund $ (107,000) General Fund 111-516-05-5003-01 Transfer from Gas Tax $ 425,000 Increase Appropriations General Fund 111-518-00-3580-01 Overlay Projects $ 425,000 $ 425,000 $ 425,000 That the purpose is to appropriate$425,000 for allocation of excess Gas Tax and Transportation Development Act Funds for street maintenance purposes for fiscal year 2001-02. 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 18th day of June ,2002 and was duly adopted at said meeting by the following vote: AYES: COUNCIL MEMBERS: Cibula, McGeorge, Pohlmeyer, Stegall and Kight NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: None ABSTAIN: COUNCIL MEMBERS: None n 'L PAT KIGHT,Mar ATTEST: FORM APPROVAL: • / CONNIE STRO I YER,C" Cl rk W.LEONARD WINGATE, y Attorney }l1 •.D