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HomeMy WebLinkAboutResolution No. 02-C0200 RESOLUTION NO. 02-C20 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AZUSA, CALIFORNIA, APPROVING APPROPRIATION AMENDMENTS FOR FISCAL YEAR 2001-02 PURSUANT TO SECTION 2-450 OF THE AZUSA MUNICIPAL CODE WHEREAS, on June 11, 2001, the City Council of the City of Azusa passed Resolution No. 01-050, adopting the Budget and approving the appropriations for the City of Azusa for the fiscal year commencing Julyl, 2001 and ending June 30, 2002, and WHEREAS, Section 2-450 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 Administrator, and WHEREAS, certain appropriation amendments are, in fact, required as detailed below: PROJECTED EXPENDITURES: 33-40-735-550-6590 33-40-735-610-6493 33-40-735-560-6493 33-40-734-210-6592 33-40-735-570-6521 33-40-735-550-6590 FUNDING SOURCE 33-40-734-470-4811 33-40-734-210-4812 33-00-000-000-3605 Capacity and Energy $14,255,510 Transmission ($203,690) Scheduling and Dispatching ($39,930) Natural Gas Expenses $1,717,560 Admin & General Expenses $2,500 Enron Early Termination Payment $2,500,000 $18,231,950 Wholesale Power Revenue $5,334,560 Natural Gas Revenue 5813,180 Retained Earnings $12,084,210 $18,231,950 NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of Azusa does hereby approve the foregoing Budget Amendment 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. PASSED, APPROVED AND ADOPTED ON FEBRUARY 19, 2002 MAYOR PRO -TEM I HEREBY CERTIFY that the foregoing resolution was duly adopted by the City Council of the City Azusa at the regular meeting thereof held on the 19' day of February , 2002 AYES: COUNCILMEMBER: HARDISON, STANFORD, ROCHA, CHAGNON NOES: COUNCILMEMBER: NONE ABSENT: _COUNCILMEMBER: MADRID CITY CLERK