CC Resolution 12256RESOLUTION NO. 12256
BEING A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF CAMPBELL AMENDING THE CITY'S CAPITAL BUDGET FOR
FISCAL YEAR 2017-18
WHEREAS, there has been submitted to the City Council an annual budget for the
operation of all departments and facilities of the City of Campbell for the fiscal year
2017-18; and
WHEREAS, the City Council took action to amend the capital budget; and
WHEREAS, the capital projects which remain open and outstanding at June 30,
2017 were reviewed by department staff and are deemed necessary to achieve City's
capital program objectives and service levels.
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Campbell
that the capital budget be amended for fiscal year 2017-18 in the amount of $7,547,654
encompassing all City capital project carry forward balances from fiscal year 2016-17,
and,
BE IT FURTHER RESOLVED that $7,092,562 in related capital transfers-out be
increased from approved funding sources.
PASSED AND ADOPTED this 215 day of November, 2017 by the following roll call
vote:
AYES: Councilmembers: Waterman, Cristina, Landry, Resnikoff, Gibbons
NOES: Councilmembers: None
ABSENT: Councilmembers: None
APPROVED:
~,s~,~
I'z~eth "Liz" Gibbons, Mayor
ATTEST:
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Wend ood, City Clerk