HomeMy WebLinkAboutReso 03-2005RESOLUTION NO. 3-2005
CITY COUNCIL, CITY OF SOUTH SAN FRANCISCO, STATE OF CALIFORNIA
A RESOLUTION APPROVING A BUDGET APPROPRIATION OF
$80,000 FROM THE CONFERENCE CENTER UNRESTRICTED FUND
BALANCE TO THE FY 2004-2005 CAPITAL IMPROVEMENT
BUDGET TO FUND COMPLETE REPLACEMENT OF THE WATER
MAIN SERVICING THE CONFERENCE CENTER
WHEREAS, the City Council, on July 14, 2004, approved the budget identified as the
"Conference Center Fiscal Year 2004-2005 Budget" in the amount of $2,963,500 in revenue and
$2,698,551 in expenditures and the budget identified las the "Conference Center Fiscal Year 2004-2005
Capital Improvement Budget" in the amount of $113,880 in capital expenditures; and
WHEREAS, the Conference Center unrestricted fund balance is $1,435,605; and
WHEREAS, the Conference Center Authority, on December 16, 2004, approved making a
request to the City Council to appropriate $80,000 to the capital improvement budget from the
unrestricted fund balance to fund expenses and professional services associated with the complete
replacement of the primary water main to the Conference Center.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of South San
Francisco as follows:
1. The appropriation of $80,000 to the South San Francisco Conference Center Fiscal Year 2004-
2005 Capital Improvement Budget from the South San Francisco Conference Center unrestricted fund
balance to fund expenses and professional services lassociated with the complete replacement of the
primary water main to the Conference Center is hereby approved by the City Council.
I hereby certify that the foregoing Resolution was regularly introduced and adopted by the City
Council of the City of South San Francisco at a regular meeting held on the 12th day of January 2005 by
the following vote:
AYES: Councilmembers Richard A. Garbarir~o, Pedro Gonzalez, and Karyl Matsumoto,
Mayor Pro Tem Joseph A. Fernekes and Mayor Raymond L. Green
NOES: None.
ABSTAIN: None.
ABSENT: None.
ATTEST: