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HomeMy WebLinkAboutReso 1987-049 - Adopting certain supplemental approproations, calculated as of march 2, 1987 � , , � � , RESOLUTION NO. � A RESOLUTION OF THE CITY COUNCIL OF T�iE CITY OF REDDING ' APPROVING AND ADOPTING CERTAIN SUPPLEMENTAL APPROPRIATIONS, CALCULATED AS OF MARCH 2 , 1987 , AND TO BE EFFECTIVE FOR THE REMAINDER OF THE FISCAL YEAR ENDING JUNE 30, 1987. WHEREAS, the City Council has previously adopted a budget for the fiscal year ending June 30 , 1987; and , WHEREAS, such budget contained estimated revenue and appropriations for said fiscal year; and WHEREAS, it has been determined by the Finance Director that certain supplemental appropriations must be approved at this time to balance the City' s accounts for said fiscal year. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Redding as follows: 1 . That the foregoing recitals are true and correct. 2 . That it is deemed to be in the best interests of the City of Redding to approve and adopt the following supplemental � appropriations and fund transf.ers at this time. 3 . That said adjustment shall be in accor_dance with Exhibit "A" attached hereto and incorporated herein by reference as though fully set forth at this point. � I HEREBY CERTIFY that the foregoing Resolution was � introduced and read at a regular meeting of the City Council of � � Z �. � � � � , . � � . the City of Redding on the 2nd day of March , 1987 , and was duly adopted at said meeting by the following vote: AYES: COUNCIL MEMBERS: Dahl , Gard, Johannessen, & Ful ton NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: Carter ABSTAIN: COUNCIL MEMBERS• None � d r --�� LEE D. FULTON, M.D. , Mayor City af Redding ATTEST: ���'�� �/�.'t'�i�'� ETHEL A. NICHOLS, City lerk , (�6�s�1'�.��J �Xd'�'�� � FORM PPROVED: RA DALL A. HAYS, C ty Attorney -2- G8�'=° ���6�Cu�� � , � � . , � a������ CITY OF REDDING �-���o. 03/02/8� IIW1'ER-D�PARTME�IT CONIM�JiVIC�1T10R1 MEEZIiVG �ATE 4-9-2 (e) DATE 02/24/87 TO Honorable Mayor and City Council B-020-000 R-050-000 FROM Director of Finance SUBJECT Requesting Approval for Resolution for Supplemental Appropriation for Hartnell Parkview Traffic Signal, Bid Schedule Number 1876 On 2/2/87 City Council authorized a public works contract in the amount of $66 , 489 . 00 for the Hartnell-Parkview Traffic Signal . Developer contributions total $61 ,000 .00 for this project. Inasmuch as the project is unbudgeted, we are requesting approval for the required supplemental appropriation and a resolution for that purpose is attached hereto. Respectfully submitted, �� � � Linda R. Downing "EXHIBIT A"