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R-038-16 Amend the Fy 15-16 Capital Improvement Budget
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R-038-16 Amend the Fy 15-16 Capital Improvement Budget
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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- 38-16 <br />A RESOLUTION OF THE CITY COUNCIL, TO AMEND THE FISCAL YEAR <br />2015/2016 CAPITAL IMPROVEMENT BUDGET <br />WHEREAS, the City of Colton is a municipal corporation duly organized and existing <br />pursuant to the Constitution and laws of the State of California ("City"), and; <br />WHEREAS, revenue from the tax can only be used for transportation improvement and <br />traffic management programs authorized in the Expenditure Plans set forth in Ordinance No. 89-1 <br />and Ordinance No. 04-1 of the Authority, and; <br />WHEREAS, a budget appropriation for approved activities, not listed in the 2015-2016 <br />Fiscal Year budget is required and must be approved by resolution of the City Council. <br />NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF COLTON DOES <br />HEREBY RESOLVE AS FOLLOWS: <br />Decrease expenditure account 218-1510-6150-3890 by $88,000 <br />Decrease expenditure account 218-1602-6150-3890 by $79,000 <br />Decrease expenditure account 218-1603-6150-3890 by $21,000 <br />Decrease expenditure account 450-1509-6970-3890 by $29,000 <br />Increase expenditure account 218-1601-6150-3890 by $217,000 <br />PASSED, ADOPTED AND APPROVED this 17'h day of May, 2016. <br />ATTEST: <br />(IL, �: <br />Carolina R. Padilla, City Clerk <br />-1- <br />
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