HomeMy WebLinkAbout82-97 IP
RESOLUTION NO. 82-97
RESOLUTION OF
THE CITY COUNCIL OF THE TOWN
OF LOS ALTOS HILLS ADOPTING THE CAPITAL IMPROVEMENT
BUDGET FOR CAPITAL YEAR 1997-98
WHEREAS, the City Council of the Town of Los Altos Hills has received and
completed its review of the proposed 1997-98 Capital Improvement Budget and now
desires to adopt the Capital Improvement Budget for the 1997-98 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 1997-98, 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 1997-98 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, 1998.
PASSED AND ADOPTED this fifteenth day of October, 1997.
Mayor -Ct
ATTEST:
(„
City Clerk
• •
EXHIBIT A
CAPITAL BUDGET APPROPRIATIONS,
INTERFUND TRANSFERS
and
PROJECT CLOSURES
For the CIP year ended September 30, 1998
I. APPROPRIATIONS
Fund Project Appropriation
General Pathway-Lupine to Elena 20,000
Pathway -Middle Fork to Byrd 3,000
Financial Data Base System 10,000
Pathway-Fremont Road 55,000
Pathway-Bullis 3,500
Drainage Storm Drain Improvements 97-98 50,000
Street Pavement Management 97-98 600,000
Street Striping 25,000
General Services Building Improvements 5,000
Solid Waste Corporation Yard Project 15,000
Total Capital Appropriations 786,500
II. INTERFUND TRANSFERS
To the General Service Fund for Reimbursement of Capital
Program Expenses 5,000
From General Fund 3,680
From Sewer Fund 610
From Solid Waste Fund 710
� � • •
III. CAPITAL PROJECT CLOSURES
Fund Project Account
General Well-Ball Fields 417794
Westwind Barn Roof Phase II 417761
Drainage Storm Drainage 95-96 457719
Street Fund Pavement Management 95-96 467795
Page Mill Landslide Repair 467798
Street Striping 467714