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HomeMy WebLinkAboutReso 2023-124 - Appropriating $1,333,270 for Old Alturas Road over Churn Creek Bridge Widening project and The Associated Funding Sources for FY 23-24RESOLUTION NO. 2023-124 A RESOLUTION OF THE CITY OF REDDING APPROVING AND ADOPTING THE 21" AMENDMENT TO CITY BUDGET RESOLUTION NO. 2023-060 APPROPRIATING $1,333,270 FOR THE OLD ALTURAS ROAD OVER CHURN CREEK BRIDGE WIDENING 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 DECREASE 151 1671 Transportation Grant Projects $506,040 151 1691 Construction Tax Capital Projects $1,839,310 THAT account titles and numbers requiring adjustments by this Resolution are as follows: USE SOURCE OF FUNDS OF FUNDS Decrease (Increase) Fund Balance 151-1691-2910000-00000 Fund Balance $ 1,839,310 Increase (Decrease) Revenue 151-1671-3608009-00000 Old Alturas Bridge - Federal Grant Capital $ (506,040) Increase Expenditures 151-1691-7700010-00000 Bridges $ 1,839,310 151-1671-7700010-00000 Bridges $ (506,040) Total $ 1,333,270 $ 1,333,270 THAT the purpose is to appropriate $1,333,270 for the Old Alturas Road over Churn Creek Bridge Widening 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 21 st day of November, 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 MICHAEL DACQUISTO, Mayor ATTEST: HARLENE TIPTON, City Clerk FORM APPROVAL: i BARRY E. e ALf, City Attorney