(A resolution approving a supplemental budget for 2009-2010)
WHEREAS, ORS 294.480 allows the City to adopt a supplemental budget by resolution of the City Council;
WHEREAS, it is necessary to adopt a supplemental budget for recognizing unanticipated SAIF reimbursements, emergency repair work at the wastewater treatment plant, the payoff of the debt service on the City Administration Building, and the creation of a debt service category for a loan for road improvements at 12th and Pacific;
WHEREAS, the estimated expenditures contained in the supplemental budget attached as Exhibit A differ by 10 per cent or more of any one of the individual funds contained in the regular budget requiring notice and a public hearing; and
WHEREAS, the City published the supplemental budget and provided notice as required by ORS 294.480(4) and held a public hearing on June 28, 2010, to consider the proposed supplemental budget.
NOW, THEREFORE, BE IT RESOLVED by the Hood River City Council that:
The supplemental budget as shown on the attached Exhibit A is adopted.
Approved by the Hood River City Council the 28 day of June, 2010, to take effect immediately.
Arthur Babitz, Mayor
Jennifer McKenzie, City Recorder