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HomeMy WebLinkAbout2010-02 Transferring Appropriations 2009-2010 RESOLUTION NO. 2010- 0)., A RESOLUTION TRANSFERRING APPROPRIATIONS WITHIN THE 2009-2010 BUDGET THE CITY OF ASHLAND RESOLVES AS FOLLOWS: SECTION 1. Because Df the circumstances stated below, the Mayor and City Council of the City of Ashland determine that it is necessary to transfer appropriations as fDllows: Electric Fund To: Electric Distribution From: CDntingency $160,000 $160,000 To Transfer appropriations from Contingency tD Electric Distribution for boring under the freeway at exit 14 to upgrade the services that feed Highway 66, Oak KnDII and other outlining areas. Central Services Fund To: City Recorder - Material & Service From: Contingency $21,000 $21,000 TD Transfer appropriatiDns from Contingency to City RecDrder, Material & Services to fund unanticipated higher banking charges in FY 2010. Total TD: Department AppropriatiDns CDntingency $181.000 $181.000 SECTI 2. This resolution was duly PASSED and ADOPTED this ~ day Df Febr ry, 2010 and ta es effect upon signing by the Mayor. ~ Barbara Christensen, City Recorder SIGNED and APPROVED this$ day of February, 2010: Reviewed as to form: