CC Resolution 8372
RESOLUTION NO. 8372
'.
A RESOLUTION AUTHORIZING BUDGET ADJUSTMENTS
FOR THE BASCOM AVENUE SIGNAL INTERCONNECT
PROJECT AND THE SAN TOMAS EXPRESSWAY/CAMDEN
AVENUE SIGNAL INTERCONNECT PROJECT
WHEREAS, the Bascom Avenue
San Tomas Expressway/Camden
have been recommended for
improvement program; and
Signal Interconnect Project and the
Avenue Signal Interconnect Project
funding in the 1993 transportation
WHEREAS, it is necessary for the City of Campbell to provide
local matching funds to support these grants; and
WHEREAS, the City
adjustment on March
unappropriated special
Expressway/Camden Avenue
Council previously approved a budget
3, 1992 authorizing $400,000 of
Gas Tax funds for the San Tomas
Signal Interconnect Project; and
WHEREAS, the required local matching funds for the San Tomas
Expressway/Camden Avenue Project will be only $108,000;
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City
of Campbell that the budget be adjusted to:
o Provide $152,000 from unappropriated special Gas Tax
funds to the Bascom Avenue Signal Interconnect Project.
o Reduce the existing appropriation of special Gas Tax
funds for the San Tomas Expressway/Camden Avenue
Signal Interconnect Project from $400,000 to $108,000.
PASSED and ADOPTED this
1st
day of September, 1992
Ayes:
Noes:
Absent:
Councilmembers:
Councilmembers:
Councilmembers:
Kotowski, Conant, Ashworth, Watson, Burr
None
None
Approved:
~ ~';jS
Donald R. Burr, Mayor
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.-
C:I:TY OF c:AMPBRT.T.
REQUEST FOR BUDGET AD~STMENTS
.'
DEPARTMENT/PROGRAM
DIVISION
DATE
REQUEST NO.
Pub.Wks/Design & Constr Design & Constr.
BUDGET TRANSFER
TO BE REDUC"!14'!n:
FUND
ACCOUNT NUMBER
DESCRIPTION AMOUNT
004 206.2290 Unapprop. FIB $152,000
Gas Tax
'$~~ '--30-'72..- ~!D,3g<./2-
~~ 7 /, er 1.-- :;:t :2tCfr!'--.J1)
Z; - ~ ~
TO BE :I:NCREASED: DA.-€ . 7~3(. 7'L.-.- -Y'3 Z- <g; 7 f. 70
~ ( ~ ~
FUND ACCOUNT NUMBER DESCRIPTION AMOUNT
035
90.950.XXXX.4883
Bascom Avenue Pavement $762,000.00
Overlay + Signal projec
018
306.3356
Federal Grant Revenues $610,000.00
Reason for Request (Be Spec:1.f:1.c):
To record budget adjustment to reflect approval of Bascom Avenue
Pavement Overlay and Signal Project. (Project funded by $610,000
Grand Revenues and $152,000 from Unappropriated Gas Tax Funds).
XXXX - Project # to be assigned by Finance.
S19Mture:
(i " I)
li.',-'DEPARTMENT HEAD
REV 2/90
Signature:
CE DIRECTOR
CITY MANAGER
,
CITY OF c::AMPB'RT.T.
REQUEST FOR BUDGET ADJUSTMENTS
DEPARTMENT/PROGRAM
DIVISION
DATE
REQUEST NO.
Public Works
Design & Constr.
BUDGET TRANSFER
TO BE REDtJ~n:
FUND
ACCOUNT NUMBER
DESCRIPTION
AMOUNT
TO BE INCREASED:
FUND
ACCOUNT NUMBER
DESCRIPTION AMOUNT
018
306.3356
Federal Gran~Revenues $292,000.00
004
206.2290
Unapprop. F/B Gas Tax $292,000.00
Reason for Request (Be Spec~f~c):
To reduce City funds required for project 92-31 (Camden/San Tomas
Expressway/Highway 17). Original budget was funded $400K from
Gas Tax. Approval of grant revenues will reduce Gas Tax requirements
by $282K.
Si~~;J ,
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1
II
Siqnature:
CITY MANAGER
REV 2/90
,
CASH
ACCTS. RECEIVABLE
DUE TO OTHER FUNDS
RESERVE FOR PROJECTS
FUND BALANCE BEGINNING
REVENUE
EXPENDITURE
FUND BALANCE
TOTAL LIAB & FUND BALANCE
1,229,346.00
(13,023.99)
1,216,322.01
691,439.89
14,500.00
1,168,351.71
416,361. 45
(1,074,331.04)
510,382.12
1,216,322.01
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