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HomeMy WebLinkAboutReso. 1988-286 - Approving and adopting the 5th amendment to the city budget resolution no. 88-235 , Ill Ilk . RESOLUTION NO.51-Z $(, A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING APPROVING AND ADOPTING THE 5th AMENDMENT TO THE CITY BUDGET RESOLUTION NO. 88-235 APPROPRIATING $280 , 000 FOR THE DEVELOPMENT OF THE SOCCER FIELD AND THE MARY LAKE TRAIL AS INTENDED IN SPECIAL GIFT TO THE CITY. BE IT RESOLVED BY THE COUNCIL OF THE CITY OF REDDING: THAT the Annual Budget Resolution No. 88-235 be and is hereby amended as follows : FUND DEPT DESCRIPTION DECREASE INCREASE 111 610 Recreation and Parks $280 , 000 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. 111-00-0000 Unappropriated Fund Balance $ (280 , 000) Increase Appropriations: Parks Department A/C No. 111-610-4707 Mary Lake Trail 50 , 000 A/C No. 111-610-4728 Soccer Field 230 , 000 $ -0- THAT the purpose is to appropriate $280 , 000 for the develop- ment of the Soccer Field and the Mary Lake Trail as intended in the special gift to the City. NOTE: The $280,000 is held on deposit in the special deposit fund. This amount will be trans- ferred to the General Fund upon adoption of this resolution. I HEREBY CERTIFY that the foregoing Resolution was introduced and read at il/f84iinid meeting of the City Council of the City of Redding on the 18th day of August , 1988 , and was duly adopted at said meeting by the following vote: AYES: COUNCIL MEMBERS: Buffum, Dahl, & Johannessen NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: /Cater & F Mon ABSTAIN: COUNCIL MEMBERS: • I L KMALIR1C JOHANNESSEN, Mayor C d y of edding FO RMi�e l �(TY 12 �%,/�L!?��f / ETHEL A. NI HOLS, City Clerk ,6o-)RAANDALL A. HAYS, City Attorney y ';i