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HomeMy WebLinkAboutReso 115-1993 RESOLUTION NO. 115-93 CITY COUNCIL, CITY OF SOUTH SAN FRANCISCO, STATE OF CALIFORNIA A RESOLUTION APPROVING BUDGET AMENDMENT 93-14 TO THE 1992-1993 CAPITAL IMPROVEMENT BUDGET WHEREAS, the West Park 1,2 & 3 Parks and Parkways Maintenance District construction project, as designed, anticipated an amended total project budget of $1,988,051 based on the issuance of bonds to be sold and paid through assessments; and WHEREAS, funding for the project in the amount of $1,341,356, was provided for in the 1992-1993 Capital Improvement Program; and WHEREAS, bonds have been sold. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of South San Francisco hereby adopts this budget amendment and appropriates an additional $646,695. The Director of Finance is authorized to make necessary transfers to establish this funding. 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 the25th day of Au§ust , 1993 by the following vote: AYES: Councilmembers Jack Drago, Joseph A. Fernekes, John R. Penna, Robert Yee, and Mayor Roberta Cerri Teglia NOES: None ABSTAIN: None ABSENT: None ATTEST: City Clerk CIP-14.WPI23