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Resolution 15738CITY OF ALAMEDA RESOLUTION NO. 15738 AMENDING THE FISCAL YEAR 2020-21 CAPITAL BUDGET FOR THE PLAYGROUND REPLACEMENT PROJECT (91621) BY APPROPRIATING AN ADDITIONAL $150,000: (1) A DONATION FROM THE ALAMEDA FRIENDS OF THE PARKS FOUNDATION IN THE AMOUNT OF $10,000, AND (2) FUND BALANCE OF THE BAYPORT PARK MUNICIPAL SERVICES DISTRICT 03-1 IN THE AMOUNT OF $140,000 WHEREAS, on June 18, 2019 the City Council adopted the FY 2019-21 Budget representing the financial plan for conducting the affairs of the City of Alameda for the two year fiscal periods beginning July 1, 2019 and ending June 30, 2021; and WHEREAS, on June 16, 2020 the City Council adopted the FY 2020-21 Mid -Cycle Budget Update that included amendments for the second budget year beginning July 1, 2020 and ending June 30, 2021; and WHEREAS, staff is proposing that (1) $140,000 from the fund balance of the Bayport Municipal Services District 03-1 (Fund 278), and (2) a $10,000 donation from the Alameda Friends of the Parks Foundation be appropriated for the Playground Replacement Project (91621) for the Bayport Park Playground Project; and WHEREAS, the Council has considered the report and staff recommendations on the budget amendments and has determined that the budget amendments are both fair and appropriate; and WHEREAS, this budget ensures that the City of Alameda has exercised prudent judgment in its fiduciary responsibility as guardian of the public tax dollars. NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Alameda that the Finance Director is authorized to adjust the FY 2020-21 capital budget for the Playground Replacement Project (91621) in the Capital Projects Fund (310) as follows: • Appropriate $140,000 from available fund balance in the Bayport Municipal Services District 03-1 Fund (278) to increase the budgeted transfer out to the Capital Projects Fund (310). • Increase the revenue budget by $140,000 for the transfer in to the Capital Projects Fund (310) from the Bayport Municipal Services District 03-1 Fund (278). • Increase the revenue budget by $10,000 to accept a donation from the Alameda Friends of the Parks Foundation. • Increase the contractual services expenditure budget by $150,000. 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 19th day of January 2021, by the following vote to wit: AYES: Councilmembers Daysog, Knox White, Spencer, Vella and Mayor Ezzy Ashcraft — 5. NOES: None. ABSENT: None. ABSTENTIONS: None. IN WITNESS, WHEREOF, I have hereunto set my hand and affixed the seal of said City this 20th day of January 2021. Lara Weisiger, tjly Clerk City of Alameda APPROVED AS TO FORM: