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Resolution 15318LqJJV&#]MrAJWAJJ Al- 'I 0 we WHEREAS, on June 6, 2017 the City Council did adopt Operating and Capital Budget representing the financial plan for conducting the affairs of the City of Alameda for the Fiscal Year beginning July 1, 2017 and ending June 30, 2018; and WHEREAS, staff is proposing that Base Reuse Fund appropriations for Transfers Out be increased by $2,894,544 and Alameda Point Capital Projects Fund revenue budget be increased by $2,894,544 and appropriations be increased by $2,894,544; and WHEREAS, the City Council has considered the report and recommendations of the City Manager on the budget amendment and has determined that the budget amendment is both fair and appropriate; and WHEREAS, the City Council has given this budget due consideration as to its projected revenues, anticipated expenditures and available fund balances. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Alameda that budget amendments for Fiscal Year 2017-18 Budget are approved for the Base Reuse Fund by increasing expenditure appropriations by $2,894,544 and for the Alameda Point Capital Projects Fund by increasing estimated revenues and expenditure appropriations by $2,894,544 and $2,894,544, respectively. I, the undersigned, hereby certify that the foregoing Resolution was duly and regularly adopted and passed by the Council of the City of Alameda in a regular meeting assembled on the 17th day of October 2017, by the following vote to wit: AYES: Councilmembers Ezzy Ashcraft, Matarrese, Oddie, Vella and Mayor Spencer — 5. NOES: None. ABSENT: None. ABSTENTIONS: None. IN WITNESS, WHEREOF, I have hereunto set my hand and affixed the seal of said City this 18th of October 2017. Lara Weisiger, Ci& Clerk City of Alameda APPROVED AS TO FORM: Janet "ern, City Attorney City of Alameda