HomeMy WebLinkAboutReso 2018-014 - REU Remote Metering RESOLUTION NO. 2018-014
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING APPROVING
AND ADOPTING THE 24th AMENDMENT TO CITY BUDGET RESOLUTION NO.
2017-057 APPROPRIATING $1,600,000 FROM RESERVES FOR REDDING ELECTRIC
UTILITY'S REMOTE COMMERCIAL METERING PROJECT 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
142 859 Remote Commercial Metering $1,600,000
Project
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 $ 1,600,000
Increase Expenditures
142-859-4207-32 Remote Commercial Metering Project $ 1,600,000
Total $ 1,600,000 $ 1,600,000
THAT the purpose is to appropriate $1,600,000 from reserves for Redding Electric Utility's
Remote Commercial Metering Project 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 20th day of February, 2018, and was duly adopted at
said meeting by the following vote: G
AYES: COUNCIL MEMBERS: McElvain, Sullivan,Weaver,Winter, & Schreder CC
NOES: COUNCIL MEMBERS: None
ABSENT: COUNCIL MEMBERS: None
ABSTAIN: COUNCIL MEMBERS: None
C
STEN SC DER, Mayor
ATTEST: FORM APPROVAL:
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PAMELA MIZE 1City Clerk BARRY E. I eWALT, ity At •rney