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Resolution 15643CITY OF ALAMEDA RESOLUTION NO. 15643 AMENDING THE FISCAL YEAR (FY) 2019-2020 BUDGET TO INCREASE APPROPRIATIONS IN THE GENERAL FUND BY $250,000, IN THE BASE REUSE BUDGET BY $97,500 AND IN THE COMMERCIAL REVITALIZATION BUDGET BY $250,000 IN ORDER TO FUND A $600,000 COVID-19 SMALL BUSINESS RELIEF GRANT PROGRAM WHEREAS, on June 19, 2019, the City Council did adopt a budget representing the financial plan for conducting the affairs of the City of Alameda for the Fiscal Year beginning July 1, 2019 and ending June 30, 2021; and WHEREAS, staff are now proposing that budget adjustments be made to the FY 2019/2020 budget in order to provide $600,000 from three funding sources to support the COVID-19 Small Business Relief Grant Program; and WHEREAS, staff is proposing that General Fund appropriations be increased by $250,000; and WHEREAS, staff is proposing that Base Reuse Fund appropriations be increased by $97,500; WHEREAS, staff is proposing that Commercial Revitalization Fund appropriations be increased by $125,000; WHEREAS, staff is proposing that the $125,000 amount in Commercial Revitalization Fund budgeted for Fagade Grants in FY 20/21 be move to FY 19/20 for the COVID-19 Small Business Relief Grant Program; WHEREAS, the 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 Council of the City of Alameda that said Council hereby approves increasing the General Fund budget by $250,000; and BE IT FURTHER RESOLVED by the Council of the City of Alameda that said Council approves increasing the City's Base Reuse Fund Fiscal Year 2019-20 budget by $97,500; and BE IT FURTHER RESOLVED by the Council of the City of Alameda that said Council approves increasing the City's Commercial Revitalization Fund Fiscal Year 2019-20 budget by $125,000; and BE IT FURTHER RESOLVED by the Council of the City of Alameda that said Council approves a budget amendment to the City's Commercial Revitalization . Fund budget to use appropriations for Fagade Grants for FY 20/21 in FY 19/20 budget to fund the COVID-19 Small Business Relief Grant Program. ****** I, the undersigned, herby certify that the foregoing Resolution was duly and regularly adopted and passed by the Council of the City of Alameda in a special meeting assembled on the 21th day of April, 2020, by the following vote to wit: AYES: Councilmembers Daysog, Knox White, Oddie, Vella and Mayor Ezzy Ashcraft -5. NOES: None. ABSENT: None. ABSTENTIONS: None. IN WITNESS, WHEROF, I have hereunto set my hand and affixed the seal of said City this 22"d day of April2020. Lara Weisiger, · Clerk City of A ameda