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HomeMy WebLinkAboutReso 2008-043 - Dale Stickey Construction . . Resolution No. 2008 - 43 A RESOLUTION OF THE CITY OF REDDING APPROVING AND ADOPTING THE 31st AMENDMENT TO CITY BUDGET RESOLUTION NO. 2007-127 APPROPRIATING $750,000 FROM THE PARK DEVELOPMENT FUND FOR LEGAL FEES AND COSTS ASSOCIATED WITH DEFENDING THE LAWSUIT FILED BY DALE STICKEY CONSTRUCTION, INC. 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 128 DIVISION 436 DESCRIPTION General City Projects INCREASE $750,000 DECREASE THAT account titles and numbers requiring adjustments by this Resolution are as follows: USE OF FUNDS SOURCE OF FUNDS Fiscal Year 2007-08 Decrease Fund Balance Development Fund 128-436-01-0001 -01 Beginning Balance $ 750,000 Increase Appropriations Development Fund 128-436-00-4603-0 I Sports Complex $ 750,000 Revenue Development Fund 128-436-05-5020-0 I 128-619-05-5040-01 Transfer In-General City Project Transfer Out-Park Development $ 750,000 750,000 -750,000 $ 750,000 THAT the purpose is to appropriate $750,000 from the Park Development Fund for legal fees and costs associated with defending the lawsuit filed by Dale Stickney Construction, Inc. for fiscal year 2007-2008. 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 6th day of May, 2008, and was duly adopted at said meeting by the following vote: AYES: NOES: ABSENT: ABSTAIN: COUNCIL MEMBERS: COUNCIL MEMBERS: COUNCIL MEMBERS: COUNCIL MEMBERS: . . . Bosetti, Dickerson, and Jones Murray and Stegall None None ~~L~ FORM APPROVAL: ." " , , ..... ~ \,., _ ~J.~ '~~ _", ,,,r...," V '/,.' A TTES:r:: '. \ ~ CONNIE,S'fROHMA YE " .......;....... . ~4 RICHARD A. DUVERNAY, Ci ~ CXJ .t. VJ '. '. ....." ..>. - ..,,,...-....