HomeMy WebLinkAboutReso 92-341 - Approve & Adopt the 6th Amendment to city budget Reso 92-306 appropriating $ for the Airport Industrial & Business Park, Authorize Receipt of Grant $, Loaning $ from various funds to the Municipal Airport Fund & Transferring $ various fun i
'I RESOLUTION NO.
II A RESOLUTION OF THE CITY OF REDDING APPROVING AND
'i ADOPTING THE 6TH AMENDMENT TO CITY BUDGET RESOLUTION NO.
92-306 (1) APPROPRIATING $1,882,910 FOR THE AIRPORT
INDUSTRIAL AND BUSINESS PARK, (2) AUTHORIZING THE
' RECEIPT OF A $1,152,000 GRANT FROM THE ECONOMIC
DEVELOPMENT ADMINISTRATION, (3) LOANING $497,200 FROM
VARIOUS FUNDS TO THE MUNICIPAL AIRPORT FUND, AND (4)
TRANSFERRING $120,800 FROM VARIOUS FUNDS TO THE
MUNICIPAL AIRPORT FUND.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF REDDING:
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THAT the Annual Budget Resolution No. 91-306 be and is hereby amended as
follows:
FUND DIVISION DESCRIPTION INCREASE DECREASE
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134 821 Airports Administration $1,882,910
THAT account titles and numbers requiring adjustment by this Resolution are
as follows:
SOURCE USE
OF FUNDS OF FUNDS
Decrease Fund Balance:
Municipal Airport Fund
A/C No. 134-000-00-0000 Unappropriated Fund Balance $(112,910)
Increase Revenue:
Municipal Airport Fund
" A/C No. 134-821-06-1150 Federal-EDA Grant (1,152,000)
A/C No. 134-821-05-5048 Fund Transfer from Water
Utility Fund* (182,625)
A/C No. 134-821-05-5049 Fund Transfer from Waste-
Water Utility Fund* (123,450)
A/C No. 134-821-05-5050 Fund Transfer from Storm
Drain Capital Fund** (72,800)
A/C No. 134-821-05-5051 Fund Transfer from General
Fund Capital Project Fund* (191,125)
A/C No. 134-821-05-5051 Fund Transfer from General
Fund Capital Project Fund** (48,000)
* Loan
** Transfer
Increase Appropriations:
Airports Administration
A/C No. 134-821-00-4214 Airport Industrial Park $1,882,910
$(1,882,910) $1,882,910
THAT the purpose is to (1) appropriate $1,882,910 for the Airport
it Industrial and Business Park, (2) authorize the receipt of a $1,152,000 grant
from the Economic Development Administration, (3) loan $497,800 from various
funds to the Municipal Airport Fund, and (4) transfer $120,800 from various funds
to the Municipal Airport Fund. r
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 A-th- day of ti�
,j August 19 92 and was duly adopted at said meeting by the following vote: i
Ute.
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AYES: COUNCIL MEMBERS: Anderson, Arness, Dahl, Kehoe & Moss
NOES: COUNCIL MEMBERS: None
ABSENT: COUNCIL MEMBERS: None
ABSTAIN: COUNCIL MEMBERS: None
C OSS, Maydt
'i ATTEST: FORM APPROVAL:
ONNIE STROHMAYER, CityC RAN ALL A. HAYS, it Attorney
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