R-012-18 To Amend the Fiscal Year a 2017/18 Capital Improvement Budget

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RESOLUTION NO. R-12-18 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COLTON TO AMEND THE FISCAL YEAR A 2017/2018 CAPITAL IMPROVEMENT BUDGET. WHEREAS, the City intends to support the City's goal to improve the City's traffic safety and infrastructure; and WHEREAS, the City of Colton received Community Development Block Grant (CDBG) funding through the County of San Bernardino — Department of Community Development and Housing (CDH); and WHEREAS, the City of Colton received approval to increase funding for the Community Development Block Grant (CDBG) Project No. COLT -16-1-03K-7529 — Ivy Ave., C St., Vista Way, Illinois Ave. and Holly Ave. Street Improvement Project; and WHEREAS, a budget appropriation not listed in the 2017-2018 Fiscal Year budget is required and must be approved by resolution of the City Council. NOW, THEREFORE, BE IT RESOLVED THAT THE CITY COUNCIL OF THE CITY OF COLTON DOES HEREBY RESOLVE AS FOLLOWS: Section 1 The Recitals preceding in this Resolution are true and correct and are incorporated into this Resolution by reference. budget: 22 23 24 2_' 2E 2i W. Section 2 The City Council authorizes the following amendments for the FYI 7-18 • Decrease account no. 215-1606-6920-3890 (C Street Improvement Project) by $7,486; and, • Decrease account no. 215-1713-6920-3890 (3rd Street Alley Improvement) by $22,514 (3`s Street Alley Improvement) ; and, • Increase account number 215-1704-6920-3890 -0000 by $30,000 for the Community Development Block Grant (CDBG) Project No. COLT -16-1-03K- 7529 — Ivy Ave., C St., Vista Way, Illinois Ave. and Holly Ave. Street Improvement Project.