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2007 RES R-37-07
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2007 RES R-37-07
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1 <br />2 <br />3 <br />4 <br />5 <br />6 <br />7 <br />8 <br />9 <br />10 <br />11 <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-37-07 <br />RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COLTON, CALIFORNIA <br />AMENDING THE CAPITAL IMPROVEMENT PROGRAM BUDGET FOR FISCAL YEAR <br />2006-2007 APPROPRIATING FUNDS FOR THE FREEWAY RAMP IMPROVEMENT <br />PROJECT, IN THE AMOUNT OF $126,000. <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"); <br />WHEREAS, the budget for the City of Colton for fiscal year commencing July 1, 2006 <br />and ending June 30, 2007 was approved on June 20, 2006; <br />WHEREAS, the approved budget is in accordance with all applicable ordinances of <br />the City and all applicable statutes of the State; and <br />WHEREAS, the reallocation of the appropriations between departmental activities <br />may be made by the City Manager, Amendments (increases/decreases) to the Budget shall <br />be by approval and Resolution of the City Council; <br />WHEREAS, the City Council of the City of Colton is dedicated to improving the City's <br />infrastructure and aesthetic qualities; and <br />WHEREAS, the funding has been identified for the allocation of this project. <br />NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF COLTON DO <br />HEREBY RESOLVE that the City Manager is authorized to execute the joint <br />agreement and any related documents for the Freeway Ramp Improvement Project <br />between the City of Colton and Caltrans District 8 and the City's project share is <br />budgeted as follows: <br />• Increase Transfer Out of Host City Fee Revenue account 240-8102-450 by $126,000 <br />• Increase Transfer In to Capital Fund 450-8101-240 by $126,000 <br />• Increase budget in account 450-0721-6940-3890 by $126,000. <br />PASSED, APPROVED AND ADOPTED THIS 201h DAY OF MARCH 2007. <br />9 t� <br />KELLY J. CHAVAtAl <br />Mayor <br />ATTEST: <br />CAROLINA R. PADILLA, CMC <br />City Clerk <br />
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