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RESOLUTION NO. 70-00
RESOLUTION OF
THE CITY COUNCIL OF THE TOWN
OF LOS ALTOS HILLS ADOPTING THE
CAPITAL IMPROVEMENT BUDGET FOR THE PERIOD
OCTOBER 1,2000-JUNE 30,2001
WHEREAS, the City Council of the Town of Los Altos Hills has received and
completed its review of the .proposed 2000-01 Capital Improvement Budget and now
desires to adopt the Capital Improvement Budget for the 9-month period of October 1,
2000 through June 30, 2001;
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 2000-01 Capital
Improvement Budget for the Town, 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 2000-01 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
period ended June 30, 2001.
PASSED AND ADOPTED this 21st day of Se•tember 000.
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City Clerk
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EXHIBIT A
CAPITAL BUDGET APPROPRIATIONS,
INTERFUND TRANSFERS
and
PROJECT CLOSURES
For the CIP period ended June 30, 2001
I. APPROPRIATIONS
Fund Project Appropriation
General Pathway-Magdalena 720,000
Drainage Storm Drain Aerial Base Maps 100,000
Street Street Striping 25,000
Pavement Management 00-01 2,400,000
Total Capital Appropriations 3,245,000
II. CAPITAL PROJECT CLOSURES
Fund Project Account
General Pathway-Lupine to Elena 427781
Pathway-Fremont Road 427886
Pathway-Purissima Road 427002
Drainage Storm Drainage Improvements 99-00 457901
Street Fund Pavement Management 98-99 467901
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