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1 <br />RESOLUTION NO. R-75-14 <br />2 <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COLTON TO <br />' AMEND THE FISCAL YEAR 2014/2015 CAPITAL IMPROVEMENT PROGRAM <br />4 (CIP) BUDGET TO APPROPRIATE $20,634 FOR THE SOUTH COLTON <br />DRAINAGE IMPROVEMENT PROJECT <br />5 <br />6 WHEREAS, the City Council of the City of Colton desires to improve the drainage <br />7 system and street infrastructure within the City jurisdiction; and <br />8 WHEREAS, the City of Colton intends to improve the South Colton drainage system at <br />9 La Loma Avenue and Rosedale Avenue (PROJECT) in the City of Colton; and <br />10 <br />WHEREAS, the PROJECT received $20,634 from the developer of Tract #16322 and <br />11 <br />12 the funds were placed in the revenue account 722-7830-000; and <br />13 WHEREAS, the Funding is intended for the mitigation of the Storm Water/Drainage <br />14 impact for the development of housing Tract #16322 ; and <br />15 WHEREAS, a budget appropriation for approved activities, not listed in the 2014-2015 <br />16 <br />Fiscal Year budget is required and must be approved by resolution of the City Council. <br />17 <br />18 NOW, THEREFORE, BE IT RESOLVED THAT THE CITY COUNCIL OF THE <br />CITY OF COLTON DOES HEREBY RESOLVE AS FOLLOWS: <br />19 <br />Section 1 The Recitals preceding in this Resolution are true and correct and are <br />20 incorporated into this Resolution by reference. <br />21 <br />22 <br />23 <br />24 <br />25 <br />26 <br />27 <br />28 <br />R-75-14 <br />