Resolution 2011-36

(A resolution approving a supplemental budget for the Building Fund)

 WHEREAS, ORS 294.480 allows the City to adopt a supplemental budget by resolution of the City Council; and

 WHEREAS, it is necessary to adopt a supplemental budget to create a new appropriation category; and

WHEREAS, the Building Fund requires the creation of a capital outlay appropriation for the purchase of a storage unit for building records; and

WHEREAS, a transfer and reappropriation of $11,500 from contingency to capital outlay:  buildings in the Building Fund is necessary; and

 WHEREAS, the estimated expenditures contained in the supplemental budget differ by less than 10% of the expenditures of the Building Fund; and

 WHEREAS, the City provided notice as required by ORS 294.480(3).
 
 NOW, THEREFORE, BE IT RESOLVED by the Hood River City Council that:

A supplemental budget for the transfer and reappropriation of $11,500 from Contingency to Capital Outlay: Buildings in the Building Fund is adopted.
 
Approved by the Hood River City Council the 28 day of November, 2011, to take effect immediately.

 

      
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       Arthur Babitz, Mayor

 

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Jennifer Gray, City Recorder