HomeMy WebLinkAboutReso 98-119 - Approve & Adopt the 1st Amendment to City Budget Reso 98-92 - Transferring $ from the General Fund to the Developement Fund and appropriating $ for the Civic Center Project • RESOLUTION NO. 'rl��'�/�' � -�
A RESOLUTION OF THE CITY OF REDDING APPRO V1NG AND ADOPTING THE
1 ST AMENDMENT TO CITY BUDGET RESOLUTION NO. 98-92
(1)TRANSFERRING $800,000 FROM THE GENERAL FtJND TO THE
DEVELOPMENT FUND AND (2)APPROPRIATING $1,171,663 FOR THE CIVIC
CENTER PROJECT.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF REDDING:
THAT Budget Resolution No. 98-92 be and is hereby amended as follows:
FUND DIVISION DESCRIPTION INCREASE DECREASE
128 436 General City Projects $1,171,663
THAT account titles and numbers requiring adjustment by this Resolution are as follows:
USE SOURCE
OF FUNDS OF FUNDS
Decrease Fund Balance
Development Fund - General City Projects
A/C 128-436-00-0000 $ 371,663
Increase Revenue
A/C 128-436-OS-5041-01 Transfer from the General Fund 800,000
Increase Appropriations
General City Projects
A/C No. 128-436-00-4901-01 Civic Center Development $1,171.663
$1,171,663 $1,171,663
THAT the purpose is to (1)transfer $800,000 from the General Fund to the Development
Fund and (2) appropriate $1,171,663 for the Civic Center project.
I HEREBY CERTIFY that the foregoing Resolution was introduced and read at a regular
meeting of the City Council of the City of Redding on the �gthday of Augus t , 19 98 ,
and was duly adopted at said meeting by the following vote:
AYE: COUNCIL MEMBERS: Anderson, Cibula, Kight and McGeorge
NOES: COUNCIL MEMBERS: Kehoe
ABSENT: COUNCIL MEMBERS: None
ABSTAIN: COUNCIL MEMBERS: None
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DAVID KE E, Mayor
ATTEST: FORM APPROVAL: �
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CONNIE STROHMAYE it Clerk W. LEONARD W ATE, City Attorney �
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