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HomeMy WebLinkAboutReso 91-420 - Approve & Adopt the 26th amendment to city budget reso 91-253 appropriating $ from the Redding Power Project RESOLUTION NO. A RESOLUTION OF THE CITY OF REDDING APPROVING AND ADOPTING THE 26TH AMENDMENT TO CITY BUDGET RESOLUTION NO. 91-253 APPROPRIATING $42,240 FROM THE REDDING POWER PLANT FUND FOR PROPERTY INSURANCE FOR THE REDDING POWER PROJECT. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF REDDING: THAT the Annual Budget Resolution No. 91-253 be and is hereby amended as follows: FUND DIVISION DESCRIPTION INCREASE DECREASE 141 831 REDDING POWER-GENERAL & ADM $ 42,240 THAT account titles and numbers requiring adjustment by this Resolution are as follows: SOURCE USE OF FUNDS OF FUNDS Decrease Fund Balance: Redding Power Plant Fund A/C No. 141-000-00-0000 Unappropriated Fund Balance $ (42,240) Increase Revenue: Risk Management A/C No. 172-897-05-1859 Fixed Reimbursement from Division 859 (42,240) Increase Appropriations: Redding Power Plant-General & Adm A/C No. 142-859-00-2107 Fixed Charge Risk Management 42,240 Risk Management A/C No. 172-897-00-2498 Insurance Premium 42,240 1---.:o $ -0- THAT the purpose is to appropriate $42,240 from the Redding Power Plant Fund for property insurance for the Redding Power Project. 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 October" , 19 91 , and was duly adopted at said meeting by the following vote: AYES: COUNCIL MEMBERS: ARNESS, BUFFUM, FULTON, MOSS & DAHL NOES: COUNCIL MEMBERS: NONE ABSENT: COUNCIL MEMBERS: NONE ABSTAIN: COUNCIL MEMBERS: NONE �.i 01 MIKE DAHL, Mayor ATTEST: FORM APPROVAL: ETHEL A. NICHOLS, City Clerk ALL A. HAYS,'City Vtorney