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CC Resolution 8740 RESOLUTION NO. 8740 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CAMPBELL AUTHORIZING THE AWARD OF THE FINANCIAL SYSTEM UPGRADE AND RELATED BUDGET ADJUSTMENT WHEREAS, the City Council of the City of Campbell has reviewed proposals for the Financial System Upgrade and, WHEREAS, the City of Campbell wishes to enter into an agreement with Pentamation for the procurement, installation and testing of the Financial System Upgrade and, WHEREAS, an increase to the project budget in the amount of $75,000 is required to implement the new system, NOW, THEREFORE BE IT RESOLVED, that the proposal for the Financial System Upgrade with Pentamation be approved and that the necessary budget adjustment be completed. PASSED AND ADOPTED this 1st day of November, 1994 by the following roll call vote: Ayes: Councilmembers: Conant, Ashworth, Burr, Dougherty, Watson Noes: Councilmembers: None Absent: Councilmembers: None Approved: --------- Attest: y' ) 'J ~/ C~~ .~ Anne Bybee, City Clerk City of Campbell Request for Budget Adjustment Deoartment Jleaues. Mo. ProRl'lUll Date Finance 11/1194 1>A q 6- 10 - Pl MIS Budget to be Reduced: I DescriDtiou Amont Fund AccouDt Number 001 Reserve for Capital Improvements 00 1.206.2241 ;',701 51. 0 I eu: Budget to be Increased: Fund Account Number . lion Amonl 035 035.90.950.9502.4884 Machinery &. Equipment Reason for Request (Be Specific): Additional funds required to implement the Financial System Upgrade for the City of Campbell Staff anticipates increasing the Reserve for Capital Improvements at the year-end close in an amount equal to or greater than the amount of this budget adjustment as a result of one -time revenues received during FY 94195. I=.~~ I::~:ttf ~ 1==-'J0p--- $75,000 Bo-t I 0 jd.~ ql( $75,000 _6'94 I