HomeMy WebLinkAboutReso 94-317 - Approve & Adopt the 21st amendment appropriating $ for Debt Service related to the Shascom Facility RESOLUTION NO. 7
A RESOLUTION OF THE CITY OF REDDING APPROVING
AND ADOPTING THE 21ST AMENDMENT TO CITY
BUDGET RESOLUTION NO. 94-199 (1) APPROPRIATING
$131,420 FOR DEBT SERVICE RELATED TO THE SHASCOM
FACILITY AND (2) AUTHORIZING THE RECEIPT OF
$72,280 IN REVENUE FROM THE COUNTY OF SHASTA
AND THE CITY OF ANDERSON.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF REDDING:
THAT the Budget Resolution No. 94-199 be and is hereby amended as follows:
FUND DIVISION DESCRIPTION INCREASE DECREASE
111 927 General Fund Debt Service $131,420
THAT account titles and numbers requiring adjustment by this Resolution are as follows:
SOURCE USE
OF FUNDS OF FUNDS
Decrease Fund Balance
General Fund
A/C No. 111-000-00-0000 Unappropriated Fund Balance $ 59,140
Increase Revenue
General Fund
A/C No. 111-927-09-3160 SHASCOM Base Rent 72,280
Increase Appropriations
General Fund Debt Service
A/C No. 111-927-00-6747 1993 Lease Revenue Interest $ 102,940
A/C No. 111-927-00-6847 1993 Lease Revenue Principal 28.480
$ 131,420 131,420
THAT the purpose is to (1) appropriate $131,420 for debt service related to the
SHASCOM Facility and (2) authorize the receipt of $72,280 in revenue from the County of
Shasta and the City of Anderson.
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 1st day of November. 19 94
and was duly adopted at said meeting by the following vote:
AYE: COUNCIL MEMBERS: P. Anderson, Kehoe, McGeorge, Murray and R. Anderson
NOES: COUNCIL MEMBERS: None
ABSENT: COUNCIL MEMBERS: None
ABSTAIN: COUNCIL MEMBERS: None
,COB—ERT C. ANDERSON, Mayor
ATTEST: FORM APPROVAL:
CONNIE STROHMAYER, rt Clerk RA ALL A. HAY S(City Attorney