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HomeMy WebLinkAboutReso 2019-102 - 14th Amendment to City Budget for Soccer Park TurfRESOLUTION NO. 2019-102 A RESOLUTION OF THE CITY OF REDDING APPROVING AND ADOPTING THE 14TH AMENDMENT TO CITY BUDGET RESOLUTION NO. 2019-050 APPROPRIATING $5,150,500 FOR REPLACEMENT OF FOUR TURF SOCCER FIELDS AT CALIFORNIA SOCCER PARK AND APPROVE INTERNAL LOAN FROM ELECTRIC FOR FISCAL YEAR 2019-20 BE IT RESOL VED BY THE CITY COUNCIL OF THE CITY OF REDDING THAT Budget Resolution No. 2019-050 be and is hereby amended as follows: FUND 128 DIVISION DESCRIPTION 616 Parks Development INCREASE 5,150,000 DECREASE THAT account titles and numbers requiring adjustments by this Resolution are as follows: Decrease (Increase) Beginning Balance 142-851-01-0001-01 Beginning Balance Increase (Decrease) Revenue 142-851-5-5100-02 111-610-5-5100-03 111-610-5-5054-01 128-616-5-5032-01 128-616-7-2010-20 128-616-7-9100-01 Advances to Internal Advances from Internal Fund Trans to 128 Fund Fund Trans from Parks Contribution-Capital-Rec & Culture Miscellaneous Revenue Increase(Decrease) Expenditures 128-616-4796-46 Soccer Park Turf USE OF FUNDS $ 5,150,000 Total $ 5,150,000 SOURCE OF FUNDS $ 3,621,500 $ (3,621,500) $ 3,621,500 $ (3,621,500) $ 3,621,500 $ 1,028,500 $ 500,000 $ 5,150,000 THAT the purpose is to appropriate $5,150,000 for replacement of four turf soccer fields at California Soccer Park and approve internal loan from Electric for fiscal year 2019-20. I HEREBY CERTIFY that the foregoing resolution was introduced at a special meeting of the City Council of the City of Redding on the 30th day of September, 2019, and was duly adopted at said meeting by the following vote: AYES: COUNCIL MEMBERS: Dacquisto, Resner, Schreder, and Winter NOES: COUNCIL MEMBERS: McElwain ABSENT: COUNCIL MEMBERS: None ABSTAIN: COUNCIL MEMBERS: None ATTEST: IqIt PAMELA MIZE, lTi6 Clerk JULIt WINTER, Mayor FORM APPROVAL: 7-�. - At,�zx BARIM E. eW LT, Ci Attorney