Resolution 15440CITY OF ALAMEDA RESOLUTION N0.15440
AMENDING THE FISCAL YEAR 2018-19 BASE REUSE FUND
BUDGET TO APPROPRIATE $50,000 FOR THE FAQADE GRANT
PROGRAM
WHEREAS, on June 19, 2018, the City Council did adopt a Mid-Cycle Budget
representing the financial plan for conducting the affairs of the City of Alameda for the
Fiscal Year beginning July 1, 2018 and ending June 30, 2019; and
WHEREAS, staff reviewed and determined that use of Base Reuse Fund monies
is consistent with the allowable activities as listed in the conveyance agreement with the
Navy and qualifies under the Building Rehabilitation use category; and
WHEREAS, staff is proposing that Base Reuse Fund expenditure appropriations
be increased by $50,000 from available fund balance in order to provide additional
funding for fagade grants; and
WHEREAS, the Council has considered the report and recommendations of the
Interim City Manager on the reasons for the budget amendment and has determined that
the budget amendment is 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 a budget amendment to the City's Base Reuse Fund Fiscal Year 2018-19 Budget is
approved to increase expenditure appropriations by $50,000 in order to provide
additional funding for the fagade grant program within Alameda Point.
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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 16th day of October 2018, 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 17th day of October 2018.
APPROVED AS TO FORM:
Lara Weisiger, Ct Clerk
City of Alameda