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HomeMy WebLinkAbout2012-28 Transfer Appropriations Plaza-Miller Property RESOLUTION NO. 2012 - A RESOLUTION TRANSFERRING APPROPRIATIONS WITHIN THE 2012-2013 BUDGET THE CITY OF ASHLAND RESOLVES AS FOLLOWS: SECTION 1. Because of the circumstances stated below, the Mayor and City Council of the City of Ashland determine that it is necessary to transfer appropriations as follows: General Fund To: Administration—Economic Development $102,786 From: Contingency $102,786 To Transfer appropriations from Contingency to Administration—Economic Development representing use of the Transient Occupancy Tax residual amounts from prior years to cover part of the estimated $170,000 cost for the Plaza renovation project. The remainder of the project costs will be covered by unused Economic Development appropriations. Capital Improvement Fund T6: Public Works - Facilities $78,000 From: Contingency $78,000 To Transfer appropriations from Contingency to Public Works - Facilities to cover cost for Purchasing of land adjacent to the Ashland Gun Club. TOTAL To: Division Appropriations 18 8 From: Contingency 18 8 SECTION 2. This resolution was duly PASSED and ADOPTED this `a—day of Octobe 012, and takes effect upon signing by the Mayor. , Barb ara Christensen, City Recorder SIGNED and APPROVED this day of October, 2012: 14 Stromberg, Mayor :Re7Xedd as to form./ David Lohman, City Attorney Page 1 of 1