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HomeMy WebLinkAboutReso 2007-169 - Redding Power Plant v . Resolution No. 2007 - 169 . A RESOLUTION OF THE CITY OF REDDING APPROVING AND ADOPTING THE 1st AMENDMENT TO CITY BUDGET RESOLUTION NO. 2007-127 APPROPRIATING $62,000,000 FOR THE CONSTRUCTION OF A COMBUSTION TURBINE GENERATOR AND HEAT RECOVERY STEAM GENERATOR SYSTEM AND ANCILLARY FACILITIES AT THE REDDING POWER PLANT FOR FISCAL YEAR 2007-08 . BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF REDDING THAT Budget Resolution No. 2007-127 be and is hereby amended as follows: FUND 142 DIVISION DESCRIPTION 859 Electric Capital Outlay INCREASE $ 62,000,000 DECREASE THAT account titles and numbers requiring adjustments by this Resolution are as follows: USE OF FUNDS SOURCE OF FUNDS Decrease Fund Balance 142-851-01-0001-01 Increase Fund Balance 142-851-07-4300-01 Increase Appropriations 142-859-00-4354-01 Beginning Balance $ 6,000,000 Bond Proceeds 56,000,000 Generation Plant 62,000,000 $ 62,000,000 $ 62,000,000 THAT the purpose is to appropriate $62,000,000 for the construction of a combustion turbine generator and heat recovery steam generator system and ancillary facilities at the Redding Power Plant for fiscal year 2007-08. I HEREBY CERTIFY that the foregoing Resolution was introduced and read at a special meeting of the City Council of the City of Redding on the 7th day of August, 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 Noue 'I'll l. ~ i'YLZr_ DICK DICKERSON, Mayor L' I}"'" 'I ATTEST. ., ".,-<, .' ~ --, ,-'..; '~ ~' f'--.... '''I; :::-' . \ ,\, I ' . .... .....,,'~\' -...;/ ~...r ~ ~-~ CONNltSTROHMA YER' C" -:~., ,:-... - ~ ,.~: :.," 10-..' ',,' ...:; \... "'........ ~:."~... , " ~ ro, ' , FORM APPROVAL: ~ ~ .--... 0'\ .-S:) ~.A'~e . /" RICHARD A. DUVERNAY, Qffy Attorney