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CC - 2016-02 - Sidewalk, Curb and Gutter Improvement Project (2)RESOLUTION NO. 2016 -02 A RESOLUTION OF THE ROSEMEAD, CALIFORNIA CITY COUNCIL APPROPRIATING ADDITIONAL FUNDS FROM THE CITY'S GAS TAX FUNDS FOR THE ' SIDEWALK, CURB AND GUTTER REPLACEMENT PROJECT WHEREAS, appropriations are the legal authority for a City to spend its funds; and WHEREAS, from time to time it is necessary to amend the budget with additional appropriations; and WHEREAS, the City desires to repair and replace damaged sidewalk, curb and gutter, in various locations; and WHEREAS, the Sidewalk, Curb and Gutter Replacement Project is funded through proceeds from Gas Tax funds and currently has an estimated budget balance of $46,500; and WHEREAS, the total cost for the construction of this project, as proposed, is estimated at $65,000, which is $18,500 more than currently budgeted /available; and WHEREAS, the Gas Tax Fund has a balance of approximately $ 938,000, of which the additional funding could be made available for this project. NOW THEREFORE, $18,500 in Gas Tax Fund is appropriated for Expenditures related to the Sidewalk, Curb and Gutter Replacement Project as defined below: Fund Organization Account Project Description Amount Appropriation 201 3010 5360 Construction $ 18,500 Transfer Memo 201 0000 5960 Transfer Out <$ 18,500> 201 0000 4860 Transfer In $ 18,500 The additional appropriation is made a part of the approved FY 2015 -16 budgets as though it were a part of the initial budget fully set forth. PASSED, APPROVED and ADOPTED this 12 day of January 2016. Mdfgaret Clark, Mayor ATTEST: 5 , Carol Cowley, City Cler APPROVED AS TO FORM Rachel H. Richman, City Attorney Burke, Williams & Sorensen, LLP CERTIFICATION STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) SS. CITY OF ROSEMEAD ) I, Carol Cowley, Interim City Clerk of the City of Rosemead, do hereby certify that the foregoing Resolution No. 2016 -02, entitled: A RESOLUTION FO THE ROSEMEAD, CALIFORNIA CITY COUNCIL APPROPRIATING ADDITIONAL FUNDS FROM THE CITY'S GAS TAX FUNDS FOR THE SIDEWALK, CURB AND GUTTER REPLACEMENT PROJECT was duly and regularly approved and adopted by the Rosemead City Council on the 12th day of January, 2016, by the following vote to wit: AYES: Alarcon, Armenta, Clark, Low, Ly NOES: None ABSTAIN None ABSENT: None Carol Cowley Interim City Clerk