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.
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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