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Home My WebLink AboutResolution 5345 Amending City's Annual Budget & CIP for Arterial & Collector District Fund and Street Impact Fee FundVersion April 2020 RESOLUTION 5345 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN, MONTANA, AMENDING THE CITY’S ANNUAL BUDGET AND CAPITAL IMPROVEMENT PLAN TO MAKE CHANGES TO THE CAPITAL APPROPRIATIONS FOR THE ARTERIAL & COLLECTOR DISTRICT FUND AND STREET IMPACT FEE FUND. APPROPRIATIONS WILL BE FUNDED BY FUND RESERVES AND CAPITAL PROJECT DELAYS. WHEREAS, the City Commission did, on the 22nd day of December, 2020, after due and proper legal notice, conduct a public hearing and adopt a Capital Improvement Plan for Fiscal Years 2022-2026; and WHEREAS, the City Commission did, on the 22nd day of June, 2021, after due and proper legal notice, conduct a public hearing and adopt a municipal budget for Fiscal Year 2021- 2022 (Fiscal Year 2022); and WHEREAS, the City Commission did, on the 9th day of November, 2021, after due and proper legal notice, conduct a public hearing on proposed amendments to the municipal budget. NOW, THEREFORE, BE IT RESOLVED by the City Commission of the City of Bozeman, Montana, to wit: Section 1 – Appropriation Additions The City Commission of the City of Bozeman, Montana, does hereby authorize additional expenditures in the Arterial & Collector District Fund increasing appropriation by $2,550,000 and additional expenditures in the Street Impact Fee Fund increasing appropriation by $5,437,653, for additional costs of capital projects. DocuSign Envelope ID: E4AE4F27-C204-46E0-BD26-F2962B635BCB Version April 2020 Section 2 – Use of Cash on Hand in the Arterial & Collector District and Street Impact Fee Funds and Delaying Other Projects The increased appropriation will be funded with cash on hand in the Arterial & Collector District and Street Impact Fee Funds and delaying other projects to later fiscal years. 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, 2021. 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, ADOPTED, AND APPROVED by the City Commission of the City of Bozeman, Montana, at a regular session thereof held on the 9th day of November, 2021. ___________________________________ CYNTHIA L. ANDRUS Mayor ATTEST: ___________________________________ MIKE MAAS City Clerk APPROVED AS TO FORM: ___________________________________ GREG SULLIVAN City Attorney DocuSign Envelope ID: E4AE4F27-C204-46E0-BD26-F2962B635BCB Assistant City AttorneyBy: