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1 <br />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-101-09 <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF <br />COLTON AMENDING THE BUDGET FOR FISCAL YEAR <br />COMMENCING JULY 1, 2009 AND ENDING JUNE 30, 2010 <br />WHEREAS, the budget for the City of Colton for the fiscal year commencing July 1, <br />2009 and ending June 30, 2010 was approved and adopted, and; <br />WHEREAS, the reallocation of appropriations between departmental activities may be <br />made by the City Manager, and amendments (increases/decreases) to the budget shall be by <br />approval and resolution of the City Council; and <br />WHEREAS, the City of Colton Electric Utility has experienced significant load <br />growth since 1995. The increased demands on the electrical infrastructure has created the need <br />for the construction of a 69/12.47 kV substation on the north side of the city to relieve <br />significant load from existing substations, and allow the utility to balance load properly, <br />improve power quality, reliability, and efficiency of the operation of the electric system; and <br />NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF <br />COLTON DOES HEREBY RESOLVE AS FOLLOWS: <br />The Administration Division Budget of the Electric Department for Fiscal Year <br />2009-2010 is hereby amended. Expenditure Account 520-8000-8040-3890-0107-000 <br />will be increased in the amount of $5,272,250 and the Capital Cash Reserve Account <br />520-1000-007 will be decreased in the amount of $1,569,031.00 and the balance of the <br />funding, $3,703,219.00, will be provided through Operating Revenue. <br />PASSED, APPROVED AND ADOPTED this 22nd day of December 2009. <br />KELLY J. STAIN, Mayor <br />ATTEST: <br />} <br />ffil <br />U tC� 44 <br />EILEEN C. GOMEZ, City Clerk <br />