Loading...
HomeMy WebLinkAboutReso 2023-067 - Appropriating $16,236,000 For the Victor Improvement Project and Butte Street Improvement Project And the Associated Funding Sources for FY 23-24RESOLUTION NO. 2023-067 A RESOLUTION OF THE CITY OF REDDING APPROVING AND ADOPTING THE 3RD AMENDMENT TO CITY BUDGET RESOLUTION NO. 2023-060 APPROPRIATING $16,236,000 FOR THE VICTOR IMPROVEMENT PROJECT AND FOR THE BUTTE STREET IMPROVEMENT PROJECT AND THE ASSOCIATED FUNDING SOURCES FOR FISCAL YEAR 2023-24 BE IT RESOL VED BY THE CITY COUNCIL OF THE CITY OF REDDING THAT Budget Resolution No. 2023-060 be and is hereby amended as follows: FUND DIVISION DESCRIPTION INCREASE 151 1671 Transportation Grant Projects $16,236,000 DECREASE THAT account titles and numbers requiring adjustments by this Resolution are as follows: USE SOURCE OF FUNDS OF FUNDS Increase (Decrease) Revenue 151-1671-3.608001-PTVIC 151-1671-3629001-PTVIC 151-1671-3731001-PTVIC 151 -1671 -3629001 -PTB SI 151 -1671 -3731001 -PTB SI Increase Expenditures 151-1671-7700006-PTVIC 151 -1671 -7700006 -PTB SI Federal Grant - Capital - Public Works State Grant Capital - Public Works Contributions - Public Works State Grant Capital - Public Works Contributions - Public Works Victor Improvement Project Butte Street Improvement Project $ 6,044,000 $ 1,949,000 $ 1,000,000 $ 6,437,000 $ 806,000 $ 8,993,000 $ 7,243,000 Total $ 16,236,000 $ 16,236,000 THAT the purpose is to appropriate $16,236,000 for the Victor Improvement Project and for the Butte Street Improvement Project and the associated funding sources for fiscal year 2023-24. I HEREBY CERTIFY that the foregoing resolution was introduced at a regular meeting of the City Council of the City of Redding on the 18th day of July, 2023, and was duly adopted at said meeting by the following vote: AYES: COUNCIL MEMBERS: - Audette, Mezzano, Munns, Winter, and Dacquisto NOES: COUNCIL MEMBERS: - None ABSENT: COUNCIL MEMBERS: - None ABSTAIN: COUNCIL MEMBERS: - None ATTEST: A SHARLENE TIPTO , City Clerk MICHAEL DACQUISTO, Mayor FORM APPROVAL: BARRY E. De ALT, City Attorney