HomeMy WebLinkAbout7339 RESOLUTION NO. 7339
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARCADIA,
CALIFORNIA, AMENDING THE FISCAL YEAR 2020-21 BUDGET FOR
THE CAPITAL IMPROVEMENT PROGRAM, AND IN PARTICULAR,
THE FISCAL YEAR 2019-20 PAVEMENT REHABILITATION CAPITAL
IMPROVEMENT PROJECT BY AUTHORIZING A SUPPLEMENTAL
APPROPRIATION OF $68,480 FROM THE WATER RESERVE FUND
WHEREAS, the City Council has adopted the budget for Fiscal Year 2020-21 for
the City, and the budget will need to be amended to address in particular an appropriation
for the Fiscal Year 2019-20 Pavement Rehabilitation Capital Improvement Project; and
WHEREAS, in particular, the Fiscal Year 2019-20 Pavement Rehabilitation Capital
Improvement Project budget requires an appropriation of funds from the Fiscal Year
2020-21 budget Water Reserve Fund in the amount of $68,480; and
WHEREAS, the City Manager has confirmed that there are sufficient reserves
available in the Water Reserve Fund for the appropriation.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF ARCADIA,
CALIFORNIA, DOES FIND, DETERMINE AND RESOLVE AS FOLLOWS:
SECTION 1. The sum of sixty-eight thousand four hundred eighty Dollars
($68,480) is hereby appropriated from the Fiscal Year 2020-21 budget Water Reserve
Fund balance as a supplemental budget for the Fiscal Year 2019-20 Pavement
Rehabilitation Capital Improvement Project.
SECTION 2. The City Clerk shall certify to the adoption of this Resolution.
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Passed, approved and adopted this 20th day of October, 2020.
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Mayor •f the City of Arcadia
ATTEST:
Al4l1°- ---
ity Clerk
APPROVED AS TO FORM:
Stephen P. Deitsch
City Attorney
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STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) SS:
CITY OF ARCADIA )
I, GENE GLASCO, City Clerk of the City of Arcadia, hereby certifies that the
foregoing Resolution No. 7339 was passed and adopted by the City Council of the City of
Arcadia, signed by the Mayor and attested to by the City Clerk at a regular meeting of said
Council held on the 20th day of October, 2020 and that said Resolution was adopted by the
following vote, to wit:
AYES: Beck, Cheng, Verlato, Tay, and Chandler
NOES: None
ABSENT: None
ity Clerk of e City of Arcadia
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