CC - 2016-04 - Appropriating Additional Funds From the General Fund Reserces for the Public Works Yard Project 2714 River Avenue RESOLUTION NO. 2016-04
A RESOLUTION OF THE ROSEMEAD, CALIFORNIA CITY COUNCIL
APPROPRIATING ADDITIONAL FUNDS FROM THE
GENERAL FUNDS RESERVES FOR THE
ROSEMEAD PUBLIC WORKS YARD PROJECT— 2714 RIVER AVENUE
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 construct the Corporate City Yard Maintenance
Facility; and
WHEREAS, the Rosemead Public Works Yard Project is funded through proceeds
from General funds and currently has an estimated budget balance of$490,000; and
WHEREAS, the total cost for the construction of this project, as proposed, is
estimated at $589,800, which is $99,800.00 more than currently available balance; and
NOW THEREFORE, $100,000.00 in General Fund is appropriated for Expenditures
related to the Rosemead Public Works Yard Project as defined below:
Fund Organization Account Project Description Amount
Appropriation
301 6005 5395 31016 Construction $ 100,000
Transfer(Memo)
101 6005 5960 31016 Transfer Out <6 100,000>
301 6005 4860 31016 Transfer In $ 100,000
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 26th day of January 2016.
Margaret Clark, Mayor
ATTEST:
; /
Carol Cowl y,lriterim City lerk
APPROVED AST 0 FORM
Ad /
Rac -I H. Richman, City A •ney
Burke, William and Sorenson, 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. 2016-04, entitled:
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF ROSEMEAD APPROPRIATING ADDITIONAL
FUNDS FROM THE GENERAL FUNDS RESERVES FOR
THE ROSEMEAD PUBLIC WORKS YARD PROJECT AT
2714 RIVER AVENUE
was duly and regularly approved and adopted by the Rosemead City Council on the 26th day of
January, 2016, by the following vote to wit:
AYES: Alarcon, Armenta, Clark, Low, Ly
NOES: None
ABSTAIN None
ABSENT: None
7/ � i41
Carol Cowley 4
Interim City Clerk