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HomeMy WebLinkAboutResolution 4675 Amending Fiscal Year 2016 Library Dpreciation Reserve Fund Budget I COMMISSION RESOLUTION NO. 4675 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN, MONTANA, AMENDING FISCAL YEAR 2016 (FY16) LIBRARY DEPRECIATION RESERVE FUND BUDGET TO INCLUDE THE REPLACEMENT OF LIBRARY CHAIRS AT A TOTAL COST OF$50,000. WHEREAS,the City Commission did, on the 22"d day of June, 2015, after due and proper • I legal notice conduct a public hearing on and adopt Resolution No. 4602 -A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN,MONTANA, APPROPRIATING FUNDS FOR VARIOUS BUDGET UNITS,AND FURTHER ESTIMATING REVENUE NECESSARY TO OPERATE AND MAINTAIN SERVICES OF MUNICIPAL GOVERNMENT FOR THE FISCAL YEAR ENDING JUNE 30,2016; and WHEREAS, after Resolution No. 4602 appropriations are fully expended, the Library Depreciation Reserve Fund is estimated to have an ending working capital balance of$231,000; and WHEREAS, on November 16,2015 the City Commission approved the Library Depreciation Reserve Fund Capital Improvement Plan for Fiscal Years 2017-2021 which included item LIB 17 — Upholstered Chair Replacements. These replacements were to be completed in Fiscal Year 2017 with cash on hand in the fund; and E WHEREAS,there is a desire to replace these chairs before the beginning of Fiscal Year 2017; and jt i� WHEREAS, the City Conunission did, on the 29th day of February 2016, after due and } proper legal notice, conduct a public hearing on this proposed budget amendment. NOW,THEREFORE,BE IT RESOLVED by the City Commission of the City of Bozeman, I I� Montana,to wit: E - 2 - �I r P Section 1 —Appropriation Additions The City Commission of the City of Bozeman, Montana, does hereby authorize additional expenditures in the Library Depreciation Reserve Fund: Library—Office Furniture $50,000 Total Additional Appropriations 5{� Section 2—Source of Funding for Appropriation Additions The increased appropriation will be funding by using existing cash on hand,thereby reducing Fund Balance. Section 3 Pursuant to Section 7-6-4030, M.C.A., this resolution, upon its passage, shall be in fill force and effect on July 1,2015. 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. PASSED AND APPROVED by the City Commission of the City of Bozeman, Montana, at a regular session thereof held on the 29th day of February,2016. CARSON TAYLOR Mayor ATTEST: STACY L. ,CMC _. City Cler n }, ILA ) . '' a •�..� APP C`VE S TO FORM: G E SULLIVAN Ci Attorney - 3 - NOTICE OF PUBLIC HEARING FOR BUDGET AMENDMENT NOTICE IS HEREBY GIVEN that, pursuant to the provisions of Section 7-6-4021, Montana Code Annotated, the City Commission of the City of Bozeman, Montana will conduct a public hearing on amending the municipal budget for Fiscal Year 2015-2016, embodied in Commission Resolution No. 4675, at 6:00 pm on Monday, February 29, at City Hall, 121 N. Rouse Avenue, Bozeman, Montana. A RESOLUTION OF THE CITY COMMISSION. OF THE CITY OF BOZEMAN, MONTANA, AMENDING FISCAL YEAR 2016 (FY16) LIBRARY DEPRECIATION RESERVE FUND BUDGET TO INCLUDE THE REPLACEMENT OF LIBRARY CHAIRS AT A TOTAL COST OF $50,000. Copies of Commission Resolution No 4675 are on file in the office of the City Clerk, City Hall, 121 N. Rouse Avenue, and may be examined by all interested citizens. Any and all interested persons are invited to attend the public hearing and to submit testimony in support or in opposition to the proposed budget amendment or to submit written testimony prior to or during the public hearing_ Written testimony can be submitted to the City Clerk, sulmenig�bozeman.net, PO Box 1230, Bozeman, Montana 59771. If you have a disability that requires assistance, please contact the City of Bozeman's Interim ADA Coordinator, Chuck Winn, cwinnabozeman.net, at 582-3232 (TDD 582-2301). If you have questions about the budget proposal, please contact Administrative Services Director Anna Rosenberry, arosenberry@bozeman.net at 582-2325. Dated this 17T" day of February, 2016 Sta m , Ci ' , [erW; -1(-, ',, f oo � o0 Legal Ad i Publish: Sunday, Feb 21, 2016 ' Sunday, Feb 28, 2016 a� u 'I I i i�