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HomeMy Public PortalAbout17-014 - Amending the Fiscal Year 2016-17 Budget in the General FundRESOLUTION NO. 17-014 A RESOLUTION OF THE CITY OF CARSON CITY COUNCIL AMENDING THE FISCAL YEAR 2016-17 BUDGET IN THE GENERAL FUND WHEREAS, the City Council adopted the Fiscal Year 2016-17 (FY16-17) budget on June 21, 2016 for the General Fund and Special Revenue Funds of the City via Resolution No. 16-081; and WHEREAS, the City was sued by the owner of the Colony Cove Mobile Home Park challenging the constitutionality of how the City applied its mobile home park rent control law to the Colony Cove mobile home park; and WHEREAS, the Plaintiff received an initial judgment against the City in the amount of $7,464,719; and WHEREAS, the City has filed a notice of appeal, intends to aggressively defend itself, expects a decision in early 2018, and, as such, has purchased an appeal bond with an annual cost of $33,338 in lieu of depositing the initial judgment amount in an escrow account with the federal court; and WHEREAS, the City Council has determined it necessary to amend the FY16-17 General Fund budget. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF CARSON DOES HEREBY RESOLVE, FIND, DETERMINE, AND ORDER AS FOLLOWS: Section 1. The following amendment(s) will be made to the City's FY16-17 budget. 01-21-999-043-6026 Non -Departmental Other Charges $33,338 Section 2. The City Clerk shall certify to the adoption of this resolution and shall keep a copy of this resolution attached to the FY16-17 budget on file, and effective as of January 24, 2017, the same shall be in force and effect. PASSED, APPROVED, AND ADOPTED this 24th day of January, 2017. M or Albert Robles ATTEST: City Clerk Donesia Gause APPROVED AS TO FORM: rn %TATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) ss. CITY OF CARSON ) I, Donesia Gause, City Clerk of the City of Carson, California, hereby attest to and certify that the foregoing resolution, being Resolution No. 17-014, adopted by the City of Carson City Council at its meeting held on January 24, 2017, by the following vote: AYES: COUNCIL MEMBERS: DAVIS—HOLMES, ROBLES, SANTARINA, HICKS NOES: COUNCIL MEMBERS: NONE ABSTAIN: COUNCIL MEMBERS: NONE ABSENT: COUNG L MEMBERS: HILTON f City Clerk Donesia Gause