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Resolution 2020-06RESOLUTION NO.2020-06 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GILROY AMENDING THE FISCAL YEAR 2019-2020 BUDGET BY $4,625,000 IN THE GENERAL FUND AND APPROPRIATING THOSE FUNDS TO PROJECTS IDENTIFIED BY THE CITY COUNCIL 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, at the November 18, 2018 regular meeting of the Gilroy City Council, the Council directed that $7.6 million of unassigned fund balance in the General Fund shall be appropriated and utilized for specific purposes; and WHEREAS, at the above mentioned meeting, Council also amended the Fiscal Year 2019-2020 budget by $1.8 million for the IRS Section 115 Trust, part of the $7.6 million total specific purposes; and WHEREAS, at the December 2, 2019 Council Meeting, Council directed that the amount of unassigned General Fund balance to be assigned to the Glen Loma Fire Station was to be reduced to $1.7 million from $2.9 million; and WHEREAS, City Staff has prepared and submitted to the City Council, in the staff report dated January 27, 2019, a proposed amendment to said budget for Fiscal Year 2019-2020. The purpose of such amendment is to appropriate $4.6 million of unassigned fund balance for the proposed projects identified by the City Council; 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 various funds by the associated amounts described in Attachment A. RESOLUTION NO.2020-06 PASSED AND ADOPTED this 27t' day of January, 2020 by the following roll call vote: AYES: COUNCILMEMBERS: BLANKLEY, BRACCO, LEROE-MUNOZ, MARQUES, TOVAR, TUCKER and VELASCO NOES: COUNCILMEMBERS: ABSENT: COUNCILMEMBERS ATTES na Free Clerk NONE NONE APP V D: e RoIdnVelasco, Mayor RESOLUTION NO.2020-06 ATTACHMENT A January 27, 2020 Budget Amendments 100 Fire Station General Fund Transfer to Capital Projects Fund 100 Downtown Parking Lot General Fund Transfer to Capital Projects Fund 100 Future Land Acquisition for Citv Facilities General Fund Transfer to Capital Projects Fund Total Amendments to the General Fund [Fund 1001 400 Fire Station Transfer -In and Appropriation 400 Downtown Parking Lot Transfer -In and Appropriation 400 Future Land Acquisition for City Facilities Transfer -In and Appropriation Total Amendment to the Capital Projects Fund [Fund 4001 $1,700,000 1,200,000 1,725,000 4,625,000 1,700,000 1,200,000 1,725,000 $4,625,000 RESOLUTION NO.2020-06 I, SHAWNA FREELS, City Clerk of the City of Gilroy, do hereby certify that the attached Resolution No. 2020-06 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 27h day of January, 2020, at which meeting a quorum was present. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the Official Seal of the City of Gilroy this 29th d"c f January, 2020. Shavvna Freels, T City Clerk of the (Seal) AC ity- f Gilroy