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HomeMy WebLinkAboutReso 2021-051 - Adoption of the 85th Amendment to City Budget Resolution No. 2019-050 appropriating $1.1 million for the design and construction costs for specified phases of the fiber optic ringRESOLUTION NO. 2021-051 A RESOLUTION OF THE CITY OF REDDING APPROVING AND ADOPTING THE 85TH AMENDMENT TO CITY BUDGET RESOLUTION NO. 2019-050 APPROPRIATING $1,100,000 FOR THE DESIGN AND CONSTRUCTION COSTS FOR SPECIFIED PHASES OF THE FIBER OPTIC RING FOR FISCAL YEAR 2020-21 BE IT RESOL VED BY THE CITY CO UNCIL OF THE CITY OF REDDING THAT Budget Resolution No. 2019-050 be and is hereby amended as follows: FUND DIVISION DESCRIPTION INCREASE 142 859 Electric — Capital Outlay 1,100,000 DECREASE THAT account titles and numbers requiring adjustments by this Resolution are as follows: USE OF FUNDS Increase (Decrease) Revenue 142-851-1-0001-01 Beginning Balance Increase(Decrease) Expenditures 142-859-4207-47 Inter -Sub Fiber Project $ 1,100,000 SOURCE OF FUNDS $ 1,100,000 Total $ 1,100,000 $ 1,100,000 THAT the purpose is to appropriate $1,100,000 for the design and construction costs for specified phases of the fiber optic ring for fiscal year 2020-21. I HEREBY CERTIFY that the foregoing resolution was introduced at a regular meeting of the City Council of the City of Redding on the 4th day of May, 2021, and was duly adopted at said meeting by the following vote: AYES: COUNCIL MEMBERS: Mezzano, Schreder, Winter, and Resner NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: Dacquisto ABSTAIN: COUNCIL MEMBERS: None I D. RESNER, Mayor ATTEST: U PAMELA MIZE, i Clerk FORM APPROVAL: BARRY E.'De A , City Attorney rI