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HomeMy WebLinkAboutReso 2017-076 - Magnolia Park Purchase RESOLUTION NO. 2017-076 A RESOLUTION OF THE CITY OF REDDING APPROVING AND ADOPTING THE 7TH AMENDMENT TO CITY BUDGET RESOLUTION NO. 2017-057 APPROPRIATING $128,250 FOR MAGNOLIA PARK PURCHASE AND IMPROVEMENTS FOR FISCAL YEAR 2017-18 BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF REDDING THAT Budget Resolution No. 2017-057 be and is hereby amended as follows: FUND DIVISION DESCRIPTION INCREASE DECREASE 128 616 MAGNOLIA PARK $88,250 128 616 DISNEY GRANT $40,000 THAT account titles and numbers requiring adjustments by this Resolution are as follows: USE SOURCE OF FUNDS OF FUNDS Decrease Fund Balance 128-616-6-1200-20 State Grant Capital-Rec & Culture $ 88,250 128-616-7-2010-20 Contributions-Capital-Rec& Culture $ 40,000 Increase Expenditures 128-616-4796-33 Magnolia Park $ 88,250 128-616-4796-34 Disney Grant $ 40,000 Total $ 128,250 $ 128,250 THAT the purpose is to appropriate $128,250 for Magnolia Park purchase and improvements for fiscal year 2017-2018. I HEREBY CERTIFY that the foregoing resolution was introduced at a regular meeting of the City Council of the City of Redding on the 5th day of September, 2017, and was duly adopted at said meeting by the following vote: c) AYES: COUNCIL MEMBERS: McElvain, Schreder, Sullivan, Winter, & Weaver J NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: None ABSTAIN: COUNCIL MEMBERS: None BRENT WEAVER, Mayor ATTEST: FORM APPROVAL: PAMELA MIZ , City Clerk ' BA' 'Y E. De AL , Cit Attorney