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Resolution - 2017-78ATTEST RESOLUTION NO. 2017-78 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WEST COVINA, CALIFORNIA, ADOPTING A BUDGET AMENDMENT FOR THE FISCAL YEAR COMMENCING JULY 1, 2016, AND ENDING JUNE 30, 2017 (Jones & Mayer) WHEREAS, the City Manager, on or about June 21, 2016, submitted to the City Council a proposed budget for the appropriation and expenditure of funds for the City for West Covina for Fiscal Year 2016-17; and WHEREAS, following duly given notice and prior to budget adoption, the City Council held a public meeting on June 21, 2016 and July 5, 2016, receiving, considering and evaluating all comments, and adopted a budget for the fiscal year commencing July 1, 2016 and ending June 30, 2017; 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. 177 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 2nd day of August, 2017. APPROVED AS TO FORM Kimberly -Ralik arlow City Attorney 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 2'd day of August, 2017, by the following vote of the City Council: AYES: NOES: ABSENT: ABSTAIN: Johnson, Spence, Toma, Wu, Warshaw None None None Nickolas S. Lewis\ City Clerk Exhibit No. 1 BA # 177 CITY OF WEST COVINA Posted By: BUDGET AMENDMENT Date Posted: Date: Requested by: Dept/Div: 6/30/2017 Chris Freeland City Manager Fiscal Year: 2016-17 Amount: 80,000.00 Description: Legal Services EXPENDITURES Account Number Dept/Account Description — Current Budget Proposed Amendment Amended Budget 110.11.1140.6178 City Attorney Retainer 157,500.00 530.00 158,030.00 110.11.1140.6111 Legal Services 200,000.00 76,970.00 276,970.00 110.11.1140.6113 Litigation 100,000.00 2,500.00 102,500.00 - - - - - - - - - - - - - - - _ - - REVENUES Account Number Account Description ' Current Budget Proposed Amendment • Amended Budget - - .. • • - REASON/JUSTIFICATION (Please be specific) To appropriate an additional $80,000 in expenditures for final cumulative invoices for fiscal year 16/17 in legal costs. APPROVALS City Council Approval Date (if required, attach Minutes): 8/2/2017 o Approval Not Required Dept Head Approval: see attached Date: Finance Director: Date: Funds Available o Yes No City Manager: see attached Date: (if over $100,000) o Approved o Denied