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HomeMy WebLinkAboutResolution 4886 FY18 Budget Amendment to the Street Maintenance Fund for the South Tracy Reconstruction Project t so $ 0# COMMISSION RESOLUTION NO. 4886 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN, MONTANA,AMENDING FISCAL YEAR 2018 (FY18) STREET MAINTENANCE FUND BUDGET TO INCLUDE ADDITIONAL EXPENDITURES OF $613,800. WHEREAS,the City Commission did, on the 261h day of February,2018, after due and proper legal notice, conduct a public hearing and adopt a municipal budget for Fiscal Year 2017- 2018 (Fiscal Year 2018); and WHEREAS, the need to change the projects listed for funding in Fiscal Year 2018 in the most-recently adopted Capital Improvement Plan; and WHEREAS,the City Commission did, on the 26th day of February 2018, after due and proper legal notice, conduct a public hearing on proposed amending the municipal budget. NOW, THEREFORE, BE IT RESOLVED by the City Commission of the City of Bozeman, Montana,to wit: Section 1 —Appropriation Changes The City Commission of the City of Bozeman, Montana, does hereby authorize the following changes to expenditures in the Street Maintenance Fund: Additions: This project and amount is added to the FYI buds SCR09—South Tracy $613,800 Total Appropriations Changes: $613,800 Page 1 of 3 Resolution 4886,Budget Amendment for Street Maintenance Fund Project SCR09 for FY18 Section 2—Use of Cash on Hand in the Street Maintenance Fund The increased appropriation will be funded with cash on hand in the Street Maintenance Fund. Section 3 Pursuant to Section 7-6-4030, M.C.A., this resolution, upon its passage, shall be in full force and effect on July 1, 2017. Section 4 That should it be found by any court of competent jurisdiction that any section, clause, portion, sentence, word, or phrase of this resolution is deemed to be contrary to any existing law or regulations,that in this instance,it is the intent of the City Commission of the City of Bozeman, Montana,that all other portions, sections, words, clauses,phrases, or paragraphs of this document shall remain in full force and effect. Page 2 of 3 Resolution 4886,Budget Amendment for Street Maintenance Fund Project SCR09 for FYI8 PASSED, ADOPTED, AND APPROVED by the City Commission of the City of Bozeman, Montana, at a regular session thereof held on the 261h da February, 2018. T A . Mayor ATTEST: :A, . � . , r • ROBIN CROUGH ' U • City Clerk �tL•.. �a8 •o AP P OVED AS TO FORM: 4IFAUAULLIVAN i City Attorney Page 3 of 3