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CC - 2024-61 - To Amend the Fiscal Year 2024-25 Capital Improvement Program Budget and Appropriate Additional Funds for City Hall Interior Renovations Project (Project No. 31027)RESOLUTION NO. 2024-61 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROSEMEAD, CALIFORNIA, TO AMEND THE FISCAL YEAR 2024-25 CAPITAL IMPROVEMENT PROGRAM BUDGET AND APPROPRIATE ADDITIONAL FUNDS FOR CITY HALL INTERIOR RENOVATIONS PROJECT (PROJECT NO. 31027) 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 the City Hall Interior Renovations Project in the amount of $875,000; and WHEREAS, funding was not fully allocated in the City’s approved 2024-25 Budget thus requiring a revision to add $704,607.50 to cover the remaining cost of the project; and WHEREAS, the revised appropriation constitutes an update to the 2024-25 Budget approved pursuant to Resolution No. 2024-30. THE ROSEMEAD CITY COUNCIL HEREBY RESOLVES AS FOLLOWS: SECTION 1: The City Council hereby approves an appropriation in the amount of Seven Hundred Four Thousand Six Hundred Seven Dollars and Fifty Cents ($704,607.50) to increase funding for the Project. The increase in funding consists of additional American Rescue Plan Act (ARPA) funds in the amount of $567,825 and Public Facilities funds in the amount to $136,782.50. SECTION 2: The City Clerk shall certify the adoption of this Resolution. PASSED, APPROVED, AND ADOPTED this 12th day of November, 2024. APPROVED AS TO FORM: Steven Ly, Mayor ATTEST: ?------��--------� •·_ Ericka Hernandez City G-·� 1, ------ ' ....._ -.� :, _ .. --.....--.... -.. ______ ________________________________ COUNTY OF LOS ANGELES) § CITY OF ROSEMEAD ) I, Ericka Hernandez, City Clerk of the City Council of the City of Rosemead, California, do hereby certify that the foregoing City Council Resolution, No. 2024-61, was duly adopted by the City Council of the City of Rosemead, California, at a regular meeting thereof held on the 12th day of November, 2024, by the following vote, to wit: AYES: NOES: ABSENT: ARMENT A, CLARK, DANG, LY NONE LOW ABSTAIN: NONE Ericka Hernandez, City Cl�rk ___________________________