2004 RES R-80-04 - Laserfiche WebLink

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1 2 3 4 5 6 7 8i 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 RESOLUTION NO. R-80-04 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COLTON, CALIFORNIA ADOPTING THE CAPITAL IMPROVEMENT BUDGET FOR FISCAL YEARS COMMENCING JULY 1, 2004 AND ENDING JUNE 30, 2005. SECTION 1. The Capital Improvement Budget for the City of Colton for the Fiscal Year commencing July 1, 2004 and ending June 30, 2005 is hereby approved and adopted. SECTION 2. At the end of fiscal year 2003-2004, certain purchase orders exist as Outstanding Encumbrances representing contractual obligations of previously budgeted funds. Additionally, budgeted funds for certain items or projects in various stages of acquisition or development has previously been approved by the City Council to be carried forward to fiscal years 2004-2005 as Continuing Appropriations. The Outstanding Encumbrances and Continuing Appropriations are deemed to be rebudgeted as an addition to the budget amounts previously set forth in this section. SECTION 3. The Approved Capital Improvement Budget is in accordance with all applicable ordinances of the City and all applicable statutes of the State. SECTION 4. The Finance Director may make the reallocation of appropriations within projects. Amendments (Increases/Decreases) to the Capital Improvement Budget shall be by approval and Resolution of the City Council. SECTION 5. The City Clerk shall certify the adopting of the Budget and shall cause to be filed with the County Auditor within 60 days of the adoption, a certified copy of the Budget and Resolution. PASSED, APPROVED AND ADOPTED this 6th day of July, 2004. AM, DEIRDRE H. BENNETT ATTEST: �r. A CAROLINA P. BARRERA, CMC - City Clerk