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HomeMy WebLinkAboutReso 2017-096 - SB1 Solar Rebate Program RESOLUTION NO. 2017-096 A RESOLUTION OF THE CITY OF REDDING APPROVING AND ADOPTING THE 12th AMENDMENT TO CITY BUDGET RESOLUTION NO. 2017-057 APPROPRIATING $900,000 FROM RESERVES FOR FUNDING ANY ADDITIONAL UNFUNDED COSTS OF THE SB1 SOLAR REBATE PROGRAM FOR FISCAL YEAR 2017-18 AS THE PROGRAM COMES TO A CLOSE 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 142 854 SB1 Solar Programs $900,000 THAT account titles and numbers requiring adjustments by this Resolution are as follows: USE SOURCE OF FUNDS OF FUNDS Increase Revenue 142-851-1-0001-01 Beginning Balance $ 900,000 Increase Expenditures 142-854-8908-88 SB1 Solar Programs $ 900,000 Total $ 900,000 $ 900,000 THAT the purpose is to appropriate $900,000 from reserves for funding any additional unfunded costs of the SB1 Solar Rebate Program for fiscal year 2017-2018 as the program comes to a close. I HEREBY CERTIFY that the foregoing resolution was introduced at a regular meeting of the City Council of the City of Redding on the 7th day of November, 2017, and was duly adopted at said meeting by the following vote: C., AYES: COUNCIL MEMBERS: McElvain, Schreder, Sullivan, Winter, & Weaver NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: None C. ABSTAIN: COUNCIL MEMBERS: None BRENT WEAVER, Mayor ATTEST: FORM APPROVAL: '1 P 1VI1'4 41V ELA MIZy Clerk B Y E. eWALT, City Attorney