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R-116-15 Amending the budget for FY 2015-16 to appropriate additional funds in the Electric Dept for the Agua Mansa project. (10.20.15)
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R-116-15 Amending the budget for FY 2015-16 to appropriate additional funds in the Electric Dept for the Agua Mansa project. (10.20.15)
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2 <br />3 <br />4 <br />5 <br />6 <br />7 <br />8 <br />t <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-116-15 <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COLTON <br />AMENDING THE BUDGET FOR FISCAL YEAR 2015-16 TO APPROPRIATE <br />ADDITIONAL FUNDS IN THE ELECTRIC DEPARTMENT FOR THE AGUA <br />MANSA PROJECT <br />WHEREAS, the budget for fiscal year 2015-16 has been approved by City Council, and <br />must now be amended to increase the appropriation in the Electric Utility Department by <br />$283,400 for construction of the West Substation, the Agua Mansa 66 kV Switchyard and the <br />66 kV line to connect the two facilities (the Agua Mansa Project); and, <br />WHEREAS, sufficient funds are available in the Electric Department unappropriated <br />reserve fund for the Agua Mansa Project. <br />NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF COLTON DOES <br />HEREBY RESOLVE THE FOLLOWING: <br />Section 1. The City Council hereby amends the fiscal year 2015-16 budget appropriation <br />as follows: <br />Increase expenditure account number 520-8000-8040-3890-0107-000, Capital <br />Improvement, New Substations, by $283,400.00. <br />PASSED, APPROVED AND ADOPTED this 20°i day October 2015. <br />i <br />Fr_ v ro, Mayor Pro Tempore <br />Attest: <br />Carolina R. Padilla, City Clerk <br />
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