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HomeMy WebLinkAboutReso 2018-050 - Churn Creek Interchange Project RESOLUTION NO. 2018-050 A RESOLUTION OF THE CITY OF REDDING APPROVING AND ADOPTING THE 35th AMENDMENT TO CITY BUDGET RESOLUTION NO. 2017-057 APPROPRIATING $2,931,430 FOR THE CHURN CREEK INTERCHANGE 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 128 563 Traffic Impact Fee Capital $2,640,430 111 518 Streets Construction $291,000 THAT account titles and numbers requiring adjustments by this Resolution are as follows: USE SOURCE OF FUNDS OF FUNDS Increase Revenue 128-563-08-5000-01 Traffic Impact Fees $ 2,640,430 111-518-06-5075-18 State Reimbursement Capital PW 291,000 Increase Expenditures 128-563-4226-12 Churn Creek Interchange $ 2,640,430 111-518-4226-12 Churn Creek Interchange $ 291,000 Total $ 2,931,430 $ 2,931,430 THAT the purpose is to appropriate $2,931,430 for the Churn Creek Interchange 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 5th day of June, 2018, and was duly adopted at said meeting by the following vote: AYES: COUNCIL MEMBERS: McElvain, Sullivan,Weaver, Winter, & Schreder NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: None Z.) ABSTAIN: COUNCIL MEMBERS: None cc / / a,. ' KRISTEN S ‘": DER, Mayor ATTEST: FORM APPROVAL: Lin!) PAMELA MIZE, City Clerk B• ' 'Y E. I eWALT, City Attorney