CC Resolution 8958
RESOLUTION NO. 8958
BEING A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF CAMPBELL AUTHORIZING AN ADJUSTMENT TO THE
BUDGET FOR CAPITAL IMPROVEMENT PROJECT #93-04.
WHEREAS, the City Council has adopted a budget for the 1992/93 Capital Improvement
Plan; and
WHEREAS, there is a need for additional funds to complete Project #93-04: HV AC to
Buildings E, H, J, and M; and
WHEREAS, funds are available in the Certificates of Participation (COP) refinancing
proceeds fund balance.
NOW, THEREFORE, BE IT RESOLVED, that the City Council authorizes the transfer
of $12,000 from the Certificates of Particiaption (COP) unappropriated fund balance account
431.3799 to Capital Improvement Project #93-04: HV AC to Buildings E, H, J, and M, account
431.93-04.7882.
PASSED AND ADOPTED on this second day of April, 1996 by the following vote:
AYES:
Council Members: Burr, Conant, Watson, Dougherty
NOES:
Council Members: None
ABSENT:
Council Menbers: None
APPROVED:
ATTEST:
~~
Anne Bybee, City Clerk
LRK\COUNCILI.RPT\4
CITY OF' CAMPBE:LL
REQUEST FOR BUDGET ADJUSTMENTS
DEPARTMENT/PROGRAM
DIVISION
DATE
REQUEST NO.
RECREATION & COMMUNITY SVCS.
BUILDING MAINT.
4/02/96
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BUDGET TRANSFER
TO BE REDUCED:
FUND
ACCOUNT NUMBER
DESCRIPTION
AMOUNT
431
3799
COP Unappropriated Fund
Balance
$12,000
tI.
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TO BE INCREASED:
FUND
ACCOUNT NUMBER
DESCRIPTION
AMOUNT
431
93-04.7882
CIP #93-04: HVAC to
Buildings E, H, J & M
Improvements to Bldgs.
$12,000
Reason for Request (Be Spec~f~c):
The existing project balance is not sufficient to complete the project. Additional
funds from the COP refinancing proceeds unappropriated fund balance are requested
to supplement the existing balance and enable staff to complete the project.
~
DEPARTMENT HEAD
REV 2/90