HomeMy WebLinkAboutReso 2007-074 - Stillwater Business Park
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Resolution No. 2007 - 74
A RESOLUTION OF THE CITY OF REDDING APPROVING AND ADOPTING
THE 79th AMENDMENT TO CITY BUDGET RESOLUTION NO. 2005-77
APPROPRIATING $ 8,810,650 IN BOND PROCEEDS FOR THE STILLWATER
BUSINESS PARK PROJECT AND REIMBURSING THE GENERAL FUND
$2,000,000 FOR FISCAL YEAR 2006-07
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF REDDING
THAT Budget Resolution No. 2005-77 be and is hereby amended as follows:
FUND
128
DIVISION DESCRIPTION
436 General City Projects
INCREASE
$ 8,810,650
DECREASE
THAT account titles and numbers requiring adjustments by this Resolution are as follows:
USE
OF FUNDS
SOURCE
OF FUNDS
Increase Fund Balance
128-436-07-4300-01
Increase Revenue
128-436-07-4300-01
111-427-07-4300-01
Increase Expenditures
128-436-00-4312-01
Beginning Balance
$
2,000,000
Bond Proceeds
Bond Proceeds
$ 8,810,650
2,000,000
Stillwater Business Park
8,810,650
$ 10,810,650
$ 10,810,650
THAT the purpose is to appropriate $8,810,650 in bond proceeds for Stillwater Business Park and reimburse the
General Fund $2,000,000 for fiscal year 2006-07.
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 15th day of May, 2007, and was duly adopted at said meeting by the following
vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
COUNCIL MEMBERS:
COUNCIL MEMBERS:
COUNCIL MEMBERS:
COUNCIL MEMBERS:
Bosetti, Jones, Murray, Stegall, and Dickerson
None
None
None
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DICK DICKERSON, Mayor
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A TTEST:--. -,
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FORM APPROVAL:
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