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Resolution 15274CITY OF ALAMEDA RESOLUTION NO. 15274 AMENDING THE CAPITAL BUDGET FOR FISCAL YEAR 2016 -17 WHEREAS, on June 7, 2016, the City Council did adopt a capital budget representing the financial plan for conducting the affairs of the City of Alameda for the Fiscal Year beginning July 1, 2016 and ending June 30, 2017; and WHEREAS, staff is proposing that the various City funds revenue budgets be increased by $1,333,000 and expenditure appropriations be increased by $2,516,000; 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, 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 budget amendment to the City's Capital Improvement Project Fund Fiscal Year 2016 -17 Budget is approved, by changing revenue and expenditure estimates by $1,333,000 and $2,516,000, 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 201h day of June 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 21 st day of June 2017. �-6"r, Lara Weisiger, i Clerk City of Alameda APPROVED AS TO FORM: Jan . Kern, City Attorney City of Alameda