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Resolution - 2017-75RESOLUTION NO. 2017-75 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WEST COVINA, CALIFORNIA, ADOPTING A BUDGET AMENDMENT FOR THE FISCAL YEAR COMMENCING JULY 1, 2017, AND ENDING JUNE 30, 2018 (CITRUS VALLEY HEALTH PARTNERS LEASE AGREEMENT) WHEREAS, the City Manager, on or about June 22, 2017, submitted to the City Council a proposed budget for the appropriation and expenditure of funds for the City for West Covina for Fiscal Year 2017-18; and WHEREAS, following duly given notice and prior to budget adoption, the City Council held a public meeting on June 22, 2017, receiving, considering and evaluating all comments, and adopted a budget for the fiscal year commencing July 1,2017 and ending July 30, 2018; and WHEREAS, amendments must periodically be made to the budget to conform to changed circumstances following adoption of the budget. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF WEST COVINA, CALIFORNIA DOES RESOLVE AS FOLLOWS: SECTION 1. Budget Adjustment No. 10 is hereby approved as reflected on Exhibit No. 1, attached hereto. SECTION 2. The City Clerk shall certify to the adoption of this Resolution. PASSED, APPROVED, AND ADOPTED this le day of July, 2017. APPROVED AS TO FORM ATTEST I, HEREBY CERTIFY that the foregoing resolution was duly adopted by the City Council of the City of West Covina, California, at a regular meeting thereof on the 18 th day of July, 2017 by the following vote of the City Council: AYES: NOES: ABSENT: ABSTAIN: Johnson, Spence, Toma, Warshaw Wu None None Exhibit No. 1 BA # 010 CITY OF WEST COVINA Posted By: BUDGET AMENDMENT Date Posted: Date: Requested by: Dept/Div: EXPENDITURES Account Number 7/18/2017 Nikole Bresciani City Manager Dept/Account Description Fiscal Year: 2017-18 Amount: 10,200.00 Description: Sunset Field Lease Proposed Current Budget Amendment Amended Budget REVENUES Account Number Account Description Current Budget Proposed Amendment Amended Budget 110.51.4430 Rental Income - 10,200.00 10,200.00 - _ _ _ REASON/JUSTIFICATION (Please be specific) To appropriate revenues for the lease of Sunset Field for a period of 6 months. APPROVALS City Council Approval Date (if required, attach minutes): Dept Head Approval: see attached 7/18/2017 o Approval Not Required Date: Finance Director: Date: Itt 1[7 Funds Available? n Yes °No City Manager: see attached Date: (If over $100,000) o Approved o Denied