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HomeMy WebLinkAboutReso 2018-096 - Oregon Substation Modernization RESOLUTION NO. 2018-096 A RESOLUTION OF THE CITY OF REDDING APPROVING AND ADOPTING THE 515`AMENDMENT TO CITY BUDGET RESOLUTION NO. 2017-057 APPROPRIATING $300,000 FOR ADDITIONAL ESTIMATED PROJECT COSTS ON THE OREGON SUBSTATION MODERNIZATION FOR FISCAL YEAR 2018-19 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 Oregon Substation Modernization $300,000 THAT account titles and numbers requiring adjustments by this Resolution are as follows: USE SOURCE OF FUNDS OF FUNDS Decrease Expenditures 142-859-3500-01 Transformers $ 300,000 Increase Expenditures 142-859-4207-41 Oregon Substation Modernization $ 300,000 Total $ 300,000 $ 300,000 THAT the purpose is to appropriate $300,000 for additional estimated project costs on the Oregon Substation Modernization for fiscal year 2018-19. I HEREBY CERTIFY that the foregoing resolution was introduced at a regular meeting of the City Council of the City of Redding on the 18th day of September, 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 ABSTAIN: COUNCIL MEMBERS: None /fi STENS DER, Mayor ATTEST: FORM APPROVAL: (4 _.07 PAIVIEL MIZ 4(y Clerk BARRY E. 1 e` A , ity At i rney