CC Resolution 12367 RESOLUTION NO. 12367
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CAMPBELL
AUTHORIZING THE RE-APPROPRIATION OF HERITAGE THEATRE
PRESERVATION AND ENHANCEMENT FUND BUDGET ADJUSTMENT (BA3)
FROM FISCAL YEAR 2018 OPERATING BUDGET TO FISCAL YEAR 2019
OPERATING BUDGET AND THE PURCHASE OF REPLACEMENT PROJECTOR
WHEREAS, the City Council has adopted the operating budget for 2018-19; and
WHEREAS, there were budget adjustments from the Preservation and Enhancement
Fund in fiscal year 2018 for maintenance and enhancement items; and
WHEREAS, not all the funds for these projects were encumbered by fiscal year end
2018; and
WHEREAS, any project funds not encumbered by the fiscal year end require Council
approval to move forward to the next fiscal year;
WHEREAS, a Preservation and Enhancement fund was established specifically to fund
improvements and enhancements to the Heritage Theatre; and
WHEREAS, there are funds available in this account to replace proposed equipment;
NOW, THEREFORE, BE IT RESOLVED that the City Council approve the attached
budget adjustment in the amount of $162,529 for the maintenance and enhancement
projects outlined at the May 2, 2017 Council meeting and the purchase of a
replacement projector.
PASSED AND ADOPTED this 16th day of October, 2018, by the following roll call vote:
AYES: Council Members: Gibbons, Landry, Cristina, Waterman, Resnikoff
NOES: Council Members: None
ABSENT: Council Members: None
APPROVED:
Paul Resnikoff, Mayor
. ATTEST:
Wendy 1od, City Clerk