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HomeMy WebLinkAboutReso 1990-152 - Adopting the 54th amendment to the city budget 410 RESOLUTION NO. qQ - /5�, A RESOLUTION OF THE CITY OF REDDING APPROVING \ AND ADOPTING THE 54TH AMENDMENT TO THE CITY BUDGET RESOLUTION NO. 89-286 TRANSFERRING $244 , 000 TO THE GENERAL FUND FOR RIGHT-OF-WAY ACQUISITION FOR VICTOR AVENUE AND BUENAVENTURA BOULEVARD. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF REDDING: THAT the Annual Budget Resolution No. 89-286 be and is hereby amended as follows: FUND DEPT DESCRIPTION DECREASE INCREASE 111 518 STREET CAPITAL $244 , 000 128 562 CONSTRUCTION TAX $244, 000 THAT account titles and numbers requiring adjustment by this Resolution are as follows: BUDGET ACCOUNT CHANGES: Source Use of Funds of Funds Decrease Fund Balance: Construction Tax Capital A/C No. 128-562-4912 Eastside Road $ ( 244, 000) Increase Appropriations : Street Capital A/C No. 111-518-3510 Right-of-Way Acquisition 244, 000 $ -0- $ -0- THAT the purpose is to transfer $244, 000 to the General Fund for right-of-way acquisition for Victor Avenue and Buenaventura Boulevard. NOTE: $244 , 000 in Construction Tax monies should be transferred to the General Fund upon adoption. 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 3rd day of April , 19 90 , and was duly adopted at said meeting by the following vote: ,G 0 54th Amendment to Resolution No. 89-286 AYES: COUNCIL MEMBERS: Dahl, Fulton, Johannessen, & Buffum NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: Carter ABSTAIN: COUNCIL MEMBERS: No 10-000/f 0160', icer ATTEST: ETHEL A. NICHOLS, City Clerk FORM APPROVAL: RANDALL A. HAYS, ity Attorney