HomeMy WebLinkAbout99-98 • • • •
RESOLUTION NO. 99-98
RESOLUTION OF
THE CITY COUNCIL OF THE TOWN
OF LOS ALTOS HILLS ADOPTING THE CAPITAL IMPROVEMENT
BUDGET FOR CAPITAL YEAR 1998-99
WHEREAS, the City Council of the Town of Los Altos Hills has received and
completed its review of the proposed 1998-99 Capital Improvement Budget and now
desires to adopt the Capital Improvement Budget for the 1998-99 Capital Year;
NOW,THEREFORE,the City Council of the Town of Los Altos Hills does hereby
RESOLVE as follows:
Section 1. The City Council does hereby approve and adopt the Capital
Improvement Budget for the Town for Capital Year 1998-99, consisting of the following:
Appropriations, interfund transfers and project fiscal closures as set forth in Exhibit
A attached hereto.
Section 2. The amount of the 1998-99 Capital Improvement Budget for each
account area of the Budget may be drawn upon in the form of warrants issued for payment
demands and certified in accordance with the provisions of California Government Code
Section 37208 and 37209.
Section 3. The City Manager shall periodically report to the City Council the status
of each of the Capital Improvement projects hereby approved and the amount and
classification of funding received and expenditures made within each project.
Section 4. A copy of the adopted Capital Budget, signed by the Mayor and attested
to by the City Clerk, shall be kept on file with the City Clerk of the Town of Los Altos
Hills, as the official Capital Improvement Budget of the Town of Los Altos hills for the
year ended September 30, 1999.
PASSED AND ADOPTED this 21st day of October , 1998.
By: "
M•
_ST:
City Clerk
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EXHA
CAPITAL BUDGET APPROPRIATIONS,
INTERFUND TRANSFERS
and
PROJECT CLOSURES
For the CIP year ended September 30, 1999
I. APPROPRIATIONS
Fund Project Appropriation
General Pathway-Fremont Road 75,000
Pathway-Bullis 1,500
Drainage Storm Drain Improvements 98-99 50,000
Foothill Lane&Elena Rd. Culvert 30,000
Street Natoma Road Landslide 96-97 170,000
Pavement Management 98-99 600,000
Edgerton Road Landslide 169,000
La Cresta Landslide 198,000
Street Striping 25,000
Tracy Court Bridge Replacement 230,000
Sewer Fund Matadero Creek Lane Sewer Basin 120,000
Total Capital Appropriations 1,668,500
II. INTERFUND TRANSFERS
To the General Service Fund for Reimbursement of Capital
Program Expenses 48,861
From General Fund 35,962
From Sewer Fund 5,961
From Solid Waste Fund 6,938
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III. CAPITAL PROJECT CLOSURES
Fund Project Account
General Pathway Feasibility 427785
Pathway- Middle Fork to Byrd 427780
Drainage Storm Drainage Improvements - 457731
Edith/Fremont
Storm Drain Improvements 96-97 457733
Street Fund Page Mill Rd. Retaining Wall 97 467741
Pavement Management 96-97 467721
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