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HomeMy WebLinkAboutReso 2020-138 - Approve & Adopt the 60th Amendment Appropriating $ for the S Bonnyview I5 Bechelli Project for FY 2020-21 RESOLUTION NO. 2020-138 A RESOLUTION OF THE CITY OF REDDING APPROVING AND ADOPTING THE 60TH AMENDMENT TO CITY BUDGET RESOLUTION NO. 2019-050 APPROPRIATING $7,085,000 FOR THE SOUTH BONNYVIEW I-5 BECHELLI PROJECT FOR FISCAL YEAR 2020-21 BE IT RESOLVED 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 111 518 Streets—Construction $1,250,000 128 563 Traffic Impact Fee Capital 5,835,000 THAT account titles and numbers requiring adjustments by this Resolution are as follows: USE SOURCE OF FUNDS OF FUNDS Decrease(increase)Fund Balance 128-563-01-0001-01 Beginning Balance $ 5,835,000 Increase(Decrease) Revenues 111-518-06-5075-18 State Reimbursement Cap Public Works 1,250,000 Increase Expenditures 111-518-4226-13 S Bonny/I-5/Bechelli $ 1,250,000 128-563-4226-13 S Bonny/I-5/Bechelli 5,835,000 Total $ 7,085,000 $ 7,085,000 THAT the purpose is to appropriate $7,085,000 for the South Bonnyview I-5 Bechelli Project for fiscal year 2020-21. JJ T c� c G 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 November, 2020, and was duly adopted at said meeting by the following vote: AYES: COUNCIL MEMBERS: Dacquisto,Resner, Schreder,Winter,and McElvain NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: None ABSTAIN: COUNCIL MEMBERS: None ADAM McELVAIN, Mayor ATTEST: FORM APPROVAL: PAMELA MIZE, City rk BARRY . e A , ity Attorney