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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-131-07 <br />RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COLTON, CALIFORNIA TO <br />INCREASE THE FISCAL YEAR 2007/2008 CAPITAL IMRPOVEMENT PROGRAM <br />BUDGET IN THE AMOUNT OF $2,400 AND AUTHORIZE REDIRECTING SAVINGS <br />FROM THE TRENCH REPAIR PROJECT TO THE 2007/2008 RUBBERIZED SLURRY <br />SEAL 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"); <br />WHEREAS, the budget for the City of Colton for fiscal year commencing July 1, <br />2007 and ending June 30, 2008 was approved on June 19, 2007; <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 be <br />by approval and Resolution of the City Council; <br />WHEREAS, the City Council of the City of Colton is dedicated to improving City <br />infrastructure and the aesthetics of the City; 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 FY 2007/2008 Capital Improvement Program budget be <br />increased in the amount of $2,400 as identified below: <br />1. Increase account 240-8102-450, in the amount of $2400.00 <br />2. Increase account 450-8101-240 in the amount of $2400.00 <br />3. Increase account 450-0806-6940-3890, in the amount of $2400.00 <br />4. Decrease account 450-0634-6960-3890, in the amount of $18,337.22 <br />5. Increase account 450-0806-6960-3890, in the amount of $18,337.22. <br />PASSED, APPROVED AND ADOPTED THIS 2nd DAY OF OCTOBER 2007. <br />KELLY J H STAIN, Mayor <br />AT T: <br />CAROLINA R. PADILLA, City Clerk <br />