Resolution 15216CITY OF ALAMEDA RESOLUTION NO. 15216
AMENDING THE GENERAL FUND AND THE CAPITAL
IMPROVEMENT PROGRAM FUND BY $75,000 FOR LEGAL,
PROFESSIONAL AND CONSULTANT SERVICES RELATED TO THE
OAKLAND INNER HARBOR TIDAL CANAL PROJECT
WHEREAS, the Oakland Inner Harbor Tidal Canal (`Tidal Canal ") is a 1.8 mile
long, 400 feet wide portion of the waterway between Oakland and Alameda that was
dredged in 1882; and
WHEREAS, the Army Corp of Engineers ( "Army Corp ") desires to transfer
ownership of the Tidal Canal to one or more public entities at no cost and has legislative
authority to do so; and
WHEREAS, the Army Corp has offered to convey half of the Tidal Canal to the City
of Alameda; and
WHEREAS, on June 2, 2015, the City Council did adopt a biennial budget
representing the financial plan for conducting the affairs of the City of Alameda for the
Fiscal Years beginning July 1, 2015 and ending June 30, 2017; and
WHEREAS, the City Council, at the October 20, 2015 City Council meeting
approved appropriating $350,000 from the General Fund excess reserves to move the
Tidal Canal Project forward; and
WHEREAS, the City Attorney's Office needs additional funds for legal, professional
and consultant services related to the Tidal Canal Project; and
WHEREAS, the Council has considered the report and recommendations of the
City Manager on the budget amendments and has determined that the budget
amendments are both fair and appropriate; and
WHEREAS, the 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 City Council of the City of Alameda
that the amendments to the City's Fiscal Year 2016 -17 Budget are approved, by
increasing the General Fund transfers out by $75,000 and increasing the Capital
Improvement Fund transfers in and expenditures by $75,000 each to pay for the Tidal
Canal Project.
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 20th day of December, 2016 by the following vote to wit:
AYES: Councilmembers Daysog, Ezzy Ashcraft, Matarrese, Oddie
and Mayor Spencer — 5.
NOES: None.
ABSENT: . None.
ABSTENTIONS: None.
IN WITNESS, WHEREOF, I have hereunto set my hand and affixed the official
seal of said City this 21St day of December, 2016.
(' rL Y-C^,
Lara eisiger, City CUrk
City of Alameda
Jae Kern, City Attorney
City of Alameda