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HomeMy WebLinkAboutResolution No. 98-C140RES(STION NO. 98-C140 • A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AZUSA APPROVING APPROPRIATION AMENDMENTS FOR FISCAL YEAR 1998-99 PURSUANT TO SECTION 2 - 450 OF THE AZUSA MUNICIPAL CODE WHEREAS[ on June 29, 1998 the City Council of the City of Azusa passed Resolution No. 98-C109 adopting the Budget and approving the appropriations for the City of Azusa for the fiscal year commencing July 1, 1998 and ending June 30, 1999; and WHEREAS, Section 2-450 Amendment of the Azusa Municipal Code provides for the amendment of said Budget, when required for the operation of the City and recommended by the City Director of Finance; and WHEREAS, certain appropriation amendments are, in fact, required as detailed below ESTIMATED REVENUES INCREASE IINDING COMMENTS DIVISION OBJECT PROJECT (DECREASE CIP Fed grant/ISTEA funding for Foothill maint Road Maint 4579 552300 400,000 CIP LA Cc matching/Signal/Newburgh & Cerritos Traffic Sign[ 4580 555704 15,750 CIP LA Cc matching/Signal upgrade/Lark Ellen & Gladstone Traffic Sign] 4580 555705 35,000 General Increased rock extraction rate Business Reg 4120 375,000 Transfer In APPROPRIATIONS - OPERATIONS & MAINTENANCE 551500 WO ASE FUNDING COMMENTS DIVISION OBJECT PROJECT (DECREASE) Grants CA State Grant Fnd/Azusa Public Library Foundation (rebudgeted) Info Retrieval 6493 905401 6,730 APPROPRIATIONS - CAPITAL PROJECTS INCREASE 'UNDING COMMENTS DIVISION OBJECT PROJECT (DECREASE CIP Foothill Maint/Orange- Rockvale (Incl. ISTEA matching funds) Road Maint 7172 552300 460,000 CIP Traffic Signal/Newburgh & Cerritos (Incl. LA Co matching funds) Traffic Sign] 7140 555704 75,000 CIP Gladstone Maint/Azusa - Irwindale Road Maint 7172 551500 315,000 CIP From Todd Ave maintenance(rebudgeted) Transfer In 3640 551500 7,000 CIP Azusa & San Gabriel major maint Road Maint 7172 557700 60,000 CIP Signal Upgrade/Lark Ellen & Gladstone (Incl. LA Co matching funds) Traffic Sign[ 7140 555705 70,000 CIP Concrete Maint/Various locations Road Maint 7172 552600 100.000 CIP T/F from General Fund for Concrete maintenance Transfer In 3640 552600 50,000 General T/F to CIP for concrete repair• Transfer Out • 3650 552600 50,000 RESOLUTIONNO. 9&aC140 (continued) FUNDING COMMENTS DIVISION OBJECT PROJECT INCREASE (DECREASE)� CIP Underground storage tank Road Maint 7140 751700 175,000 CIP TIF from General Fund for underground storage tank Transfer In 3640 751700 57,750 General Transfer to CIP for storage tank Transfer Out 3650 751700 57,750 General T/F from Light Fund for GFA/storage tank Transfer In 3640 751700 57,7.50 Light Transfer to General Fund Transfer Out 3650 751700 57,750 CIP General Plan update Comm Design 6340 902801 175,000 CIP Transfer from General Fund for General Plan update Transfer In 3640 902801 175,000 General Transfer to CIP for Gen Plan update Transfer Out 3650 902801 175,000 CIP Windows for Civic Center Auditorium Facilty Maint 7125 505108 225,000 General Transfer to CIP for Gladstone maintenance Transfer Out 3650 551500 7,000 CIP Senior Center roof repair Facilty Maint 6815 650100 65,000 CIP Woman's club Boor repair Facilty Maint 6815 500300 15,000 General T/F from General Fund to CIP Transfer Out 3650 375,000 CIP Transfer rock tax from General Fund Transfer In 3640 375,000 APPROPRIATIONS - DEBT SERVICE INCREA'E [FUNDING COMMENTS DIVISION OBJECT PROJECT (DECREASE) I AGGREGATE EFFECT NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of Azusa does hereby approve the foregoing Budget amendments and orders the same to be recorded in the City's books of account and henceforth to be a part of said Budget as if adopted with the original thereof. AD PT Pand APPROVED this 17th dayof Au4Ust 1998. I HEREBY CERTIFY that the foregoing resolution was duly adopted by the City Council of the City Azusa at a regular meeting thereof held on the -L7t Jay of Au qu St , 1998 by the following vote of the Council: $1,741,730 AYES: COUNCILMEMBERS:Hardison, Stanford, Rocha, Beebe, Madrid NOES: COUNCILMEMBERS:None 1