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R-018-25 - Amending the Fiscal Year 2024-2025 Budget to Appropriate an Additional $1,500,000 From the Water Utility Reserve Fund for the Capital Improvement Well 22 Rehabilitation Project
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R-018-25 - Amending the Fiscal Year 2024-2025 Budget to Appropriate an Additional $1,500,000 From the Water Utility Reserve Fund for the Capital Improvement Well 22 Rehabilitation Project
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3 <br />4 <br />5 <br />6 <br />7 <br />8 <br />9 <br />10l <br />111 <br />12 <br />13 <br />14 <br />15 <br />16 <br />17 <br />18 <br />19 <br />20 <br />21 <br />22 <br />23 <br />24 <br />25 <br />26 <br />27 <br />28 <br />RESOLUTION NO. R-18-25 <br />RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COLTON, <br />CALIFORNIA AMENDING THE FISCAL YEAR 2024-2025 BUDGET TO <br />APPROPRIATE AN ADDITIONAL $1,500,000 FROM THE WATER UTILITY <br />RESERVE FUND FOR THE CAPITAL IMPROVEMENT WELL 22 <br />REHABILITATION PROJECT <br />WHEREAS the City of Colton is a municipal corporation duly organized and existing <br />pursuant to the Constitution and laws of the State of California ("City"); and <br />WHEREAS, the budget for the Fiscal Year 2024-25 has been approved by City Council, <br />and now must be amended to increase the appropriation in the Public Works Water Utility <br />Division, Capital Improvement Account for the Well 22 Rehabilitation Project; and, <br />WHEREAS, the City intends to improve and rehabilitate pump, motor, shaft, bowl <br />assembly, and site improvements of the City's Well No. 22 located at E. Sugar Pine Lane; and <br />NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Colton: <br />Section 1 The above recitals are true and correct. <br />Section 2 The City Council authorizes the following amendment for the Fiscal <br />Year 2024/2025 budget: <br />• Appropriate $1,500,000 from the reserve balance in the Water Utility Fund to <br />Water Utility Operations Capital Improvement account number 521-8100- <br />8101-3890-0000-000 for the Well 22 Rehabilitation Project. <br />PASSED, APPROVED AND ADOPTED THIS 18th DA OF MARCH 2O25 <br />NAVARRO <br />Mayor <br />ATTEST: <br />1�;7 <br />IS C T. SU HIL <br />itv Clerk <br />
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