HomeMy WebLinkAboutReso 140-1998RESOLUTION NO. ] 4 0 - 9 8
CITY COUNCIL, CITY OF SOUTH SAN FRANCISCO, STATE OF CALIFORNIA
A RESOLUTION APPROVING AN AMENDMENT TO THE 1998-1999
OPERATING BUDGET (99-7) TO ADD $332,500 FOR USE
ASSOCIATED WITH THE ACQUISITION OF 109 LONGFORD DRIVE
WITH FUNDING FROM THE NON-DESIGNATED FUND
WHEREAS, the City Council recently authorized a Resolution of Necessity related to the acquisition
of the residential property located at 109 Longford Drive; and
WHEREAS, certain improvements may be necessary to the property once the acquisition is complete.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of South San Francisco that
the City Council hereby approves an amendment to the 1998 Operating Budget to add $332,500 to the
operating budget as shown below with funding from the Non-Designated Fund Reserve:
ACTION COST BUDGET PROGRAM NO.
Acquisition Cost $207,000 10-10110-4710
Appraisal Update $500.00 10-10110-4201
Potential Value $50,000 10-10110-4710
Increase
Attorneys' Fees $25,000 10-10110-4201
For Condemnation
Building $50,000 10-10110-4720
Improvements
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 spec i a 1 meeting held on the _.L0_t_hday of
Nover0hot~998 by the following vote:
AYES: Councilmembers James 1.. Datzman, Joseph A.
Matsumoto and Mayor Eugene R. Mul]in
NOES: None
ABSTAIN: None
ABSENT: Councilmember John R. Penna
ATTEST:
A:\1091ong. 1105
Fernekes,
City Clerk
Karyl