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HomeMy WebLinkAboutCouncil Resolution 1142;- RESOLUTION NO. ~ ~ 4 2' A RESOLUTION TRANSFERRING APPROPRIATIONS WITHIN THE 2006-07 BUDGET THE CITY COUNCIL OF THE CITY OF CENTRAL POINT, OREGON, HEREBY RESOLVES AS FOLLOWS: SECTION 1. Because of the circumstances stated below, the Mayor and City Council of the City of Central Point determine that it is necessary to transfer budget appropriations as follows: Street Fund To: Street Operations -Material and Services $ 50,000 Street- Operations- Capital Outlay- Ninth and Laurel reconstruction 200,000 Street -SDC Capital Outlay- Scenic , 10th and Upton Land 150.000 Total 400,000 From: Contingency $400,000 1. The Street operations materials and services appropriation will cover additional Public Works service charges. This additional charge is necessary because of the slow down in the construction activity. 2. The Street Fund Operations -Capital Outlay will cover costs associated with the Ninth and Laurel reconstruction. This project was primarily funded with a CMAQ grant. Last year during the budget process we estimated the project would start prior to this fiscal year, it did not and was carried forward in it's entirety to this year. The $200,000 is offset by additional grant funds. 3. The SDC- Capital Outlay -Scenic, 10th and Upton realignment. This appropriation will cover additional land costs associated with this project. This land will be developed into three lots and resold. Capital Improvement Fund To: Capital Improvement Fund -City Hall Improvements 35 000 From: Capital Improvement Fund -Contingency $ 35,000 To cover costs associated with the remodel of the older section of City Hall, building walls for the HTCU. Public Works Services Fund To: Facilities maintenance- Personnel Services $15,000 Facilities maintenance- Utilities 10,000 Facilities maintenance- Contract services 35,000 Total 60,000 From: Contingency $ 60,000 This covers additional utility and maintenance and supply costs in the maintenance division due to higher utilization and increased costs. n~1 ~~ Passed by the Council and signed by me in authentication of its passage this Q]l the day of ~~y~ 2007. City of Central Point Jackson County, Oregon Mayor Hank Williams ATT T: I~-~-- A~ City Recorder Approved by me this ~~~, day of , 2007. Mayor Hank Williams \\Cpchsl\fi\Budget\2005-06\council\Transfer of Appropriations 2006-07.doc