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1 RESOLUTION NO. R-69-07 <br />2 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COLTON, CALIFORNIA <br />3 AMENDING THE FISCAL YEAR 2006/2007 CAPITAL IMRPOVEMENT PROGRAM <br />BUDGET IBY NCREASING THE CDBG 104-31105/2765 AND CDBG 104-31302/2767 <br />4 BUDGETED ALLOCATIONS IN THE AMOUNT OF $53,018.70. <br />5 WHEREAS, the City of Colton is a municipal corporation duly organized and <br />6 existing pursuant to the Constitution and laws of the State of California ("City"); <br />7 WHEREAS, the budget for the City of Colton for fiscal year commencing July <br />8 1, 2006 and ending June 30, 2007 was approved on June 20, 2006; <br />9 <br />WHEREAS, the approved budget is in accordance with all applicable <br />10 <br />ordinances of the City and all applicable statutes of the State; and <br />11 <br />WHEREAS, the reallocation of the appropriations between departmental <br />12 <br />13 activities may be made by the City Manager, Amendments (increases/decreases) to <br />14 the Budget shall be by approval and Resolution of the City Council; <br />15 WHEREAS, the City Council of the City of Colton is dedicated to improving <br />16 City infrastructure and the aesthetics of the City; and <br />17 WHEREAS, the funding has been identified for the allocation of this project. <br />18 NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF COLTON DO HEREBY <br />19 RESOLVE that the unprogrammed CDBG funds be budgeted for in the following <br />manner for CDBG Project 104-31105/2765 and CDBG Project 104-31302/2767: <br />20 <br />1. Increase deferred revenue account 215-2365 by $53,018.70 <br />21 2. Increasing the available budget in account number 215-0601-6920-3890 by <br />$45,949.60 <br />22 3. Increasing the available budget in account number 215-0602-6920-3890 by <br />$7069.10. <br />23 <br />24 PASSED, APPROVED AND ADOPTED THIS 5th DAY OF JUNE 2007. <br />Y-� 9 <br />25 \ <br />KELLY J.P STAIN, Mayor <br />26 AT <br />27 <br />CAROLINA R. PADILLA, tity Clerk <br />28 <br />