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HomeMy Public PortalAbout2020_10_27_R103 Supplemental Appropriation of Tree Bank Funding The Town of Leesburg, Virginia PRESENTED: October 27, 2020 RESOLUTION NO. 2020-103 ADOPTED: October 27, 2020 A RESOLUTION : APPROVING A SUPPLEMENTAL APPROPRIATION IN THE AMOUNT OF $4,400 TO THE FISCAL YEAR 2021 GENERAL FUND FROM THE TREE BANK MITIGATION FUND WHEREAS, the Town has a Tree Bank Mitigation Fund from proffered monies received from developers in lieu of planting ordinance-required trees on their sites; and WHEREAS, the Tree Bank Mitigation Fund is intended to be used to enhance the Town's tree canopy; and WHEREAS, previous Town Resolution No. 2019-160 approved a supplemental appropriation to reimburse Greenway Farm and Stratford Homeowners Associations (HOAs) from the Tree Bank Mitigation Fund to install new trees on private property in Fiscal Year 2020; and WHEREAS, the Stratford HOA was not able to complete their tree planting project in Fiscal Year 2020, and Greenway Farm HOA decided not to participate in the program; and WHEREAS, the Stratford HOA has completed its planting project and the landscape establishment period of one year, as confirmed by Town Staff in Fiscal Year 2021, and now the Stratford HOA can be reimbursed for installing new trees; and WHEREAS, it is necessary to appropriate $4,400 from the Tree Bank Mitigation Fund to the Fiscal Year 2021 General Fund in order to reimburse the Stratford HOA in accordance with Town Resolution No. 2019-160. THEREFORE, RESOLVED, by the Council of the Town of Leesburg in Virginia that the Fiscal Year 2021 General Fund operating budget for the Depailntent of Public Works & Capital Projects is hereby amended; an appropriation from the Tree Bank Mitigation Fund is -2- A RESOLUTION: APPROVING A SUPPLEMENTAL APPROPRIATION IN THE AMOUNT OF $4,400 TO THE FISCAL YEAR 2021 GENERAL FUND FROM THE TREE BANK MITIGATION FUND made in the amount of $4,400 to the General Fund in order to reimburse the Stratford Homeowners Association for tree plantings in accordance with Town Resolution No. 2019- 160; and any unused funding will be carried forward to the following fiscal years. PASSED this 27th day of October, 2020. Kelly ur ayor Town of Le burg ATTEST: Clerk of Council LF\LeesburgRMS\Town_Clerk\Resolutions\2020\1027 Supplemental Appropriation of Tree Bank Funding