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HomeMy WebLinkAbout69-96 • RESOLUTION NO. 69-96 RESOLUTION OF THE CITY COUNCIL OF THE TOWN OF LOS ALTOS HILLS AMENDING THE 1995-96 CAPITAL BUDGET FOR THE ROBLEDA ROAD SHOULDER/PATH RECONSTRUCTION PROJECT WHEREAS,the City Council of the Town of Los Altos Hills on October 4, 1995,adopted the Capital Budget for the 1995-96 Fiscal Year; and WHEREAS,the City Council had approved$250,000 for the reconstruction of the shoulder on Robleda Road; and WHEREAS,an additional$11,000 is needed for outstanding construction items needed to complete the work; and WHEREAS,an additional$6,500 is needed for additional inspection work necessary beyond the estimate originally provided; and WHEREAS,such modifications will create a budget deficit of$17,500 for the project; NOW THEREFORE,the City Council of the Town of Los Altos Hills does RESOLVE as follows: Section 1. The additional sum of Seventeen Thousand Five Hundred Dollars ($17,500) is hereby appropriated to the Capital Project account 7-789. Section 2. The total appropriated amount of the Capital Improvement Budget for each account area of the Budget,may be drawn upon in the form of warrants issued for payment of demands and certified in accordance with the provisions of California Government Code Sections 37208 and 37209. Section 3. The City Manager is hereby authorized to amend the Capital Improvement Budget as specified above. A copy of the amended budget shall be kept on file with the City Clerk of the Town of Los Altos Hills, as the official Capital Budget of the Town of Los Altos Hills for the 1995-96 Fiscal Year. Section 4. The City Manager shall periodically report to the City Council the amount and classification of revenue received and expenditures made. ! • P REGULARLY passed and adopted this21:st day ofAugust1996. // • By: _ .. /-_ Mayor ATTESa :/ City Clerk