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HomeMy WebLinkAboutResolution 5043 Budget Amendment for FY19 Street Impact Fee Fund for Right-of-Way Acquisition RESOLUTION NO. 5043 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN, MONTANA, AMENDING FISCAL YEAR 2019 (FY19) STREET IMPACT FEE FUND BUDGET TO INCLUDE ADDITIONAL EXPENDITURES OF $184,150 FOR RIGHT OF WAY ACQUISITION. WHEREAS, the City Commission did, on the 25th day of June, 2018, after due and proper legal notice, conduct a public hearing and adopt a municipal budget for Fiscal Year 2018- 2019 (Fiscal Year 2019); and WHEREAS,the City Commission did,on the 6th day of May 2019,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 Impact Fee Fund: Additions: This project and amount is added to the FY19 budget. Right of way acquisition $184,150 Total Appropriations Changes: $184,150 Resolution 5043,Budget flmendment for Street Impact Fee Fund for FY19 Section 2—Use of Cash on Hand in the Street Impact Fee Fund The increased appropriation will be funded with cash on hand in the Street Impact Fee 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, 2018. 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 5043,Budget Amendment for Street Impact Fee Fund for FY19 PASSED, ADOPTED, AND APPROVED by the City Commission of the City of Bozeman, Montana, at a regular session thereof held on the 6th day of May, 2019. T S ayor ATTEST: O� J ROB CROUGH U: ` ;, P. ;: City Clerk 1883 APP VED b FORM: GRE ULLIVAN City Attorney Page 3 of 3