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HomeMy WebLinkAboutReso 69-1979 RESOLUTION NO: 69-79 CITY COUNCIL, CITY OF SOUTH SAN FRANCISCO, STATE OF CALIFORNIA A RESOLUTION APPROVING AMENDMENT C-2, 1978-79 CAPITAL IMPROVEMENT BUDGET BE IT RESOLVED by the City Council of the City of South San Francisco that, after duly considering the staff report dated June 20, 1979, subject 1978-79 Capital Improvement Budget, which is attached hereto as Exhibit A, the Council does hereby order the following supplemental appropriations' Amount $1 ,ooo,ooo $ 500,000 $ 400,000 From Gas Tax 2106 Reserves Gas Tax 2107 Reserves Capital Improvement Fund Reserves To Hi ckey Blvd. Extension Project East Grand Avenue ReconStruction Project Municipal Services Building Proj. No. 767 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 20th day of June , 1979, by. the following vote: AYES, COUNCILMEN II Il NOES, " ABSENT, " William A. Borba, Terry J. Mirri and Councilwoman Roberta Cerri Te.qlia None Councilmen Ronald G. Acosta and Emanuele N. Damonte ATTEST: · - "-'~y ~, u r~ (~,Ci~ ~ ']J EXHIBIT "A" RESOLUTION NO. 69-79 June 20, 1979 To: The Honorable City Council SubjeCt: 1978-79 Capital Improvement Budget Capital Improvement Budget Amendment C-2, 1978-79 Acti on: Resol uti on RECOMMENDATION' It is recommended that the City Council adopt a Resolution amending the 1978-79 Capital Improvement Budget. DISCUSSION' At the meeting of June 6 Council authorized a supplemental appropri- ation for the 1978-79 Operating Budget so that this would be a reas- onably representative base year in the event that legislation is enacted specifying 1978-79 as a base year, Staff has reviewed the 1978-79 Capital Improvement Budget and the Funds from which various projects would be financed. It is recommended that these supplemental appropriations be made so as to provide a reasonable base year for Capital projects and to preserve the City's flexibility in allocating funds for future Capital Projects. I t i s emphasized that the recommended appropriations wil 1 have no effect on tax rates or tax collections. C. Walter Birkelo City Manager By Wi 11 iam 'R. Anderson Director of Finance CWB/WRA/bab Encl os ute