HomeMy WebLinkAboutReso 2020-106 - Approve & Adopt the 52nd Amendment to City Budget Reso 2019-050 Appropriating $ for the CARES Act Small Business Grant Program FY 2020-21 RESOLUTION NO. 2020-106
A RESOLUTION OF THE CITY OF REDDING APPROVING AND ADOPTING THE
52nd AMENDMENT TO CITY BUDGET RESOLUTION NO. 2019-050
APPROPRIATING $750,000 FOR THE CARES ACT SMALL BUSINESS GRANT
PROGRAM FOR FISCAL YEAR 2020-21
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
111 427 Non-Departmental 750,000
THAT account titles and numbers requiring adjustments by this Resolution are as follows:
USE SOURCE
OF FUNDS OF FUNDS
Increase (Decrease) Revenue
111-427-06-2650-08 Federal Grant-Operating-Gen Gov't $ 750,000
Increase(Decrease) Expenditures
111-427-4663-06 CARES Small Business Grant $ 750,000
Total $ 750,000 $ 750,000
THAT the purpose is to appropriate $750,000 for the CARES Act Small Business Grant
Program for fiscal year 2020-21.
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 August, 2020, and was duly adopted at
said meeting by the following vote:
AYES: COUNCIL MEMBERS: Dacquisto,Resner, Schreder,Winter,and McElwain
NOES: COUNCIL MEMBERS: None
ABSENT: COUNCIL MEMBERS: None
ABSTAIN: COUNCIL MEMBERS: None
ADAM McELVAIN, Mayor
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ATTEST: FORM APPROVAL: �.
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PAINTELA MIZE, City Clerk-l- BARRY E. f reWVLr—, CftfAttorney R)
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