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HomeMy Public PortalAbout86-128 (10-21-86)RESOLUTION NO. gF,_1_2g A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD AUTHORIZING THF. FOLLOWING FUND TRANSFERS AND APPROPRIATION FOR THE STREET IMPROVEMENT PROJECT (SB-300) FY 1986-87 r WHEREAS, the City Council is desirous of a more extensive street maintenance program; and WHEREAS, a $322,000, SB-300 funded, street improvement project is scheduled for construction during fiscal year 1986-87; and WHEREAS, there is adequate unexpended appropriations in the SB-300 fund; and WHEREAS, the design for the Virginia Avenue Reconstruction Project will be re-evaluated and construction will be postponed; and WHEREAS, an additional $73,000 of 5B-300 funds will be added to offset higher construction costs and increase the scope of the project. NOW, THEREFORE, the City Council of the City of Lynwood does hereby find, proclaim and resolve as follows: S__e_ction__1. That the City Manager or his designee is authorized to make the following transfers: FROM: T0: $73,000 $73,000 Unappropriated SB-300 Fund Capital Improvement Fund Balance Section_2_ That the City Manager is authorized to make the following budget amendment and additional. appropriations: ACCOUNT ------- FROM ---- T0: --- DIFFERENCE ---------- 5-5070 $53,000 $85,000 $32,000 5-5071 90,700 145,000 54,300 5-507.2 75,100 3,000 72,100 5-5073 49,200 78,000 28,800 5-5074 54,000 84,000 30,000 Section 3_ This resolution shall. go into effect immediately upon its adoption. PASSED, APPROVED and ADOPTED this _ 21st day of _ Q tnhPr ______, 1986. ---- - ------------ ROBERT HENNING, Ma r City of Lynwood ATTEST ANDREA L. HOOPER, Cit Clerk City of Lynwood APPROVED AS TO FORM: ~ APPROVED AS TO CONTENT: Ci Attorney NALD FRASER Acting Assistant City Manager City of Lynwood _ ~tiL~ - ---- - - ------- -------- 0 EPH Y. A P.fi. Director of Public Works/City Engineer I I STATE OF CALIFORNIA ) ss. COIINTY OF LOS ANGfiLE5 ) I, the undersigned, City Clerk of the City of Lynwood, do hereby certify that the foregoing resolution was passed and adopted by the City Council of the City of Lynwood at a regular meeting held on the _~]~~ day of October ______, 1986. AYES: COUNCILPERSON BYORK, MORRIS, RILLS, IIENNING NOES: NONE ABSENT: NONF. ----------- ~_~~~Q94~~C°_~G/ --- City Clerk, City of L nwood C02.300