HomeMy WebLinkAboutReso. 2026-038 - Appropriating $248,770 in Additional (HBP) Grant Funds and $32,230 in Tif Funding for Eastside Road over Canyon Hollow Bridge for FY 25-26 � �.UTI�►T�11�1�. 2026—03$
A S�?Li.TTI�I�t OF TI-�E CITY t�F LII�IIi�� APPR�IVING A ADOPTI.o1G
THE 38Tx AMEI�DMENT TC3 CIT�' �U]I�GET SOLUTI+QN 1�i0: 2025-049
A�FRf�PRIATING $248,770 IN ADDI'I'IONAL HI� AY Bl� GE PROG M
(I�BP} +GRANT �'U S AND $32,230 IN ADDITICINAL TIF F�TNDING FOR THE
EASTSIDE I'st7rAD QVER CAN�"C7N H�I,�.,OW I3 t�E PB+OJ7E,CT �'�.1R FISC�iL
YEAI�2025-26
�E IT RESf1L�'��►B'Y TI�E C�7'Y C�UN�`IL �F TH��l7'Y(t��'REDI.�I��i
'TH�T Budget Resolution No. 2025-049 be and is hereby amended as follows:
FL11y1� DIVISIOl'+T DESCRIPTTON iNCREASE DECREASE
151 1b71 Tc:anspartation Grants $248,7"10
1 S I 1691 Traffic Impact Fee Capital $32,230
T AT aceount titles and numbers requiring adjustments by this Resolution are as follc�ws:
USE SOURCE
OF FLJNDS £)�FUNI�S
Increase (Decrease)Revencie
151-1671-3608005-00000 F�deral Grant Capital $ 248,�70
15I-{30U0-29100UU-00000 Fund Balance $ �2,230
Incr�ase Expenditures
I51-1671-770(}010-�0000 Bridges $ 2�8,770
1Si-1691-7700010-Otk00� Bridges $ 32,230
Total $ 281,�00 $ 281,000
T AT the purpose is to appropriate $281,000 in additi�nal funding for the Eastside Road aver
Canyon Hollow Bridge project for the fiscal year 2025-2026.
I E BY �ER'TIF�' that the foregoing Resolution was introduced at a regular meeting of the
City Council of the City af Redding an the 2nd day of June, 2Q26, and was duly adopted at said
meeting by the folic�wing v�te:
AYES. COUNCIL idIBERS: -Audette,Munns,Resn�r,�ncl Dr.T?hanuka � �
N�ES: COUN�IL M�MB�1�8: -None � ,�_ � {-��
AI�SENT; COITN�I� �� 11���RS: -I.�ttau �� ��.. �,� �` " �� � �
ABSTAIN: CUUNCIL MEMBERS: -N�ne `������� �`�"� �"'�`�� �
I I.,ITTAIJ, Mayoa-
ATTEST: F+C� AP]P�2.t�VAL:
1� � { �� 1���
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_ S E1�1E TIP'1'� , �ity �lerk SENJt�1VII . T()CI�, 9C'aty Attorney