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HomeMy WebLinkAboutReso. 1987 - 147 - Approving and adopting certain supplemental appropriations, calculated as of may 19, 1987 (3) • 110 RESOLUTION NO. 77-19'7 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 "E" 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 n MIKE DAHL, Mayor City of Redding ATTEST:�� I�✓ i ) FORM APP OVED: ETHEL A. NICHOLS, CCty Clerk ,/orRANDALL A. HAYS, City Attorney by Connie Strohmayer, Deputy O by Walter P. McNeill , Deputy . • CITY OF RIDING • ITEM NO. 4-9-2 (i) REPORT TO CITY COUNCIL MEETING DATE 05/19/87 APPROVED BY DEPARTMENT 9IR ECTOR . /9 DATE: May 12 , 1987 (_.-'> . .,(A' /A �� �rjttlfe B-050-020 CITY MANAGER OgFROM: Director of Finance SUBJECT: Requesting Approval for Resolution Supplemental Appro.--B.S. #1914 , Asphalt Runway--Benton Airpark Background May 5 , 1987 , Council approved the bidding process for an asphalt concrete runway at Benton Airpark. The project' s estimated cost is $92 ,000 . 00 of which $87 ,500 . 00 will be funded by a State of California grant. Conclusions and Recommendations Inasmuch as this is an unbudgeted project, your approval is requested for the attached resolution for a supplemental appropriation in the amount of $92, 000 . 00 . Attachments Resolution for Supplemental Appropriation "EXHIBIT E"