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HomeMy WebLinkAboutReso 2020-029 - Smart Parking Meters & Parking Improvements RESOLUTION NO. 2020-029 A RESOLUTION OF THE CITY OF REDDING APPROVING AND ADOPTING THE 26TH AMENDMENT TO CITY BUDGET RESOLUTION NO. 2019-050 APPROPRIATING $680,000 FOR SMART PARKING METERS AND PARKING IMPROVEMENTS 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 DIVISION DESCRIPTION INCREASE DECREASE 122 741 Parking System—Operation $680,000 THAT account titles and numbers requiring adjustments by this Resolution are as follows: USE SOURCE OF FUNDS OF FUNDS Increase Revenue 122-741-07-5700-01 Parking Mitigation Fee $ 680,000 Increase Expenditures 122-741-5899-01 Other Equipment $ 100,000 122-741-4532-01 Parking Lot Improvements $ 580,000 Total $ 680,000 $ 680,000 THAT the purpose is to appropriate $680,000 for smart parking meters and parking improvements for fiscal year 2019-20. I HEREBY CERTIFY that the foregoing resolution was introduced at a regular meeting of the City Council of the City of Redding on the 17th day of March, 2020, and was duly adopted at said meeting by the following vote: AYES: COUNCIL MEMBERS: Resner, Schreder,Winter,McElvain NOES: COUNCIL MEMBERS: Dacquisto ABSENT: COUNCIL MEMBERS: None ABSTAIN: COUNCIL MEMBERS: None ADAM McELVAIN, Mayor ATTEST: FORM APPROVAL: L�/)z PAMELA MIZE, Clerk BARRY E. DeWA , City Attorney