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CC – 2025-17 – To Amend the FY 2024-25 Operating Budget and Appropriate Additional Funds For The Acquisition of a New Caterpillar 420 Backhoe LoaderRESOLUTION NO. 2025-17 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROSEMEAD, CALIFORNIA, TO AMEND THE FISCAL YEAR 2024-25 OPERATING BUDGET AND APPROPRIATE ADDITIONAL FUNDS FOR THE ACQUISITION OF A NEW CATERPILLAR 420 BACKHOE LOADER WHEREAS, the City Council adopted the Fiscal Year 2024-25 Operating and Capital Improvement Program budgets on June 27, 2024; and WHEREAS, amendments must periodically be made to the budget to conform to changed circumstances following adoption of the budget; and WHEREAS, the Fiscal Year 2024-25 budget included funding for capital equipment in the amount of $110,000; and VMEREAS, funding was not fully allocated in the City's approved 2024-25 Budget thus tegtiiring a revision to add $100,000 in Street Light District Funds to cover the remaining cost of the acquisition; and WHEREAS, the revised appropriation approved pufsuam to Resolution No. 2024-30. constitutes an update to the 2024-25 Budget THE ROSEMEAD CITY COUNCIL HEREBY RESOLVES AS FOLLOWS: SECTION 1: The City Council hereby approves an appropriation in the amount of One Hundred Thousand Dollars ($100,000) in Street Light District Funds (Fund 245) to increase funding for the purchase. SECTION 2: The City Clerk shall certify the adoption of this Resolution. PASSED, APPROVED AND ADOPTED this 25h day of March, 2025. ATTEST: achel H. Richman, City Attorney Margaret Clark, Mayor APPROVED_AS TO FORM: ii�)-- Ericka,Hemandez, City Clerk STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES) CITY OF ROSEMEAD ) I, Ericka Hernandez, City Clerk of the City Council of the do hereby certify that the foregoing City Council Resolution by the City Council of the City of Rosemead, California, at on the 25th day of March, 2025, by the following vote, to wit: AYES: ARMENTA, CLARK, LOW NOES: NONE ABSENT: DANG, LY ABSTAIN: NONE City of Rosemead, California, No. 2025-17 was duly adopted a regular meeting thereof held Ericka Hernandez, City Clerk:-