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HomeMy WebLinkAboutReso. 1987 - 146 - Approving and adopting certain supplemental appropriations, calculated as of may 19, 1987 (2) G, N. • I . RESOLUTION NO. ,17=/y1 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING APPROVING AND ADOPTING CERTAIN SUPPLEMENTAL APPROPRIATIONS, CALCULATED AS OF MAY 19 , 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 appropriation and fund transfer at this time. 3 . That said adjustment shall be in accordance with Exhibit "D" 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 the City of Redding on the 19th day of May , 1987 , and was duly adopted at said meeting by the following vote: AYES: COUNCIL MEMBERS: Fulton, Gard, Johannessen, & Dahl NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: Carter ABSTAIN: COUNCIL MEMBERS: None MIKE DAHL, Mayor City of Redding ATTEST / e i, FORM APPROVED: bTHEL A. NICHOLS, City Clerk .07RANDALL A. HAYS, City Attorney Y Connie Strohmayer, Deputy 1/ by Walter P. McNeill , Deputy • . CITY OF REDDING ITEM NO. _4-9-2 cn> REPORT TO ITY COUNCIL MEETING DATE 05 19 87 APPROVED BY DEPARTMENT DIRECTOR / �} DATE: May 12 , 1987 L� , B-050-020 CITY MANAGER FROM: Director of Finance AIM SUBJECT: Requesting Approval for Resolution Supplemental Appro.--B.S. #1904 , Curb, Gutter, Sidewalk Replacement Background March 2 , 1987 , Council approved the bidding process for curb, gutter and sidewalk at various locations. May 5 , 1987 , Council awarded the bid to Dunton Construction Company in the amount of $34 , 965 . 08 and was notified that $26 ,000 . 00 was remaining in this account and a supplemental appropriation would be required. Conclusions and Recommendations It is recommended that a supplemental appropriation be approved in the amount of $10, 000 . 00 to cover the overrun and a small contingency fund and a resolution for that purpose is attached hereto. Attachments Resolution for Supplemental Appropriation "EXHIBIT D"