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Resolution 2019-78RESOLUTION NO.2019-78 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GILROY AMENDING THE BUDGET FOR THE CITY OF GILROY FOR FISCAL YEAR 2019-2020 IN THE GENERAL, WATER ENTERPRISE, SEWER ENTERPRISE, AND FRINGE BENEFIT FUNDS AND APROPRIATING PROPOSED EXPENDITURE AMENDMENTS WHEREAS, the City Administrator prepared and submitted to the City Council a budget for the City of Gilroy for Fiscal Years 2019-2020 and 2020-2021, and the City Council carefully examined, considered and adopted the same on June 3, 2019; and WHEREAS, City Staff has prepared and submitted to the City Council a proposed amendment to said budget for Fiscal Year 2019-2020 for the City of Gilroy in the staff report dated November 18, 2019 for the IRS Section 115 Pension Trust, appropriating funding for the initial contribution to said pension trust; and WHEREAS, the City Council has carefully examined and considered the same and is satisfied with said budget amendments. NOW, THEREFORE, BE IT RESOLVED THAT appropriations for Fiscal Year 2019-20 are hereby increased in the following funds by the following amounts. vote: Fund Number Fund Name Amount 100 General Fund $ 1,800,000 700 Sewer Enterprise Fund $ 100,000 720 Water Enterprise Fund $ 100,000 699 Fringe Benefit Internal Service Fund $ 2,000,000 PASSED AND ADOPTED this 18t' day of November, 2019 by the following roll call RESOLUTION NO.2019-78 AYES: COUNCILMEMBERS: NOES: COUNCILMEMBERS: ABSENT: COUNCILMEMBERS: AT 'ES J S was Freels;�City oe� BLANKLEY, BRACCO, LEROE- MUNOZ, MARQUES, TUCKER and VELASCO NONE Rotand Velasco, Mayor RESOLUTION NO.2019-78 I, SHAWNA FREELS, City Clerk of the City of Gilroy, do hereby certify that the attached Resolution No. 2019-78 is an original resolution, or true and correct copy of a city Resolution, duly adopted by the Council of the City of Gilroy at a regular meeting of said held on Council held on the 18t' day of November, 2019, at which meeting a quorum was present. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the Official Seal of ity of Gilroy this j Al /'/ ( City Clerk of the City of Gilroy (Seal) ✓ember, 2019.