HomeMy WebLinkAboutResolution No. 2024-48 | Budget Amendment Capital Projects and Traffic Impact FeesRESOLUTION NO. 2024-48
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF GILROY AMENDING THE BUDGET FOR
THE CITY OF GILROY FOR 2024-2025 TO
APPROPRIATE FUNDS IN CAPITAL PROJECTS
AND THE TRAFFIC IMPACT FUNDS
WHEREAS, the City Administrator prepared and submitted to the City Council a budget
for the City of Gilroy for Fiscal Years 2023-2024 and 2024-2025, and the City Council
carefully examined, considered and adopted the same on June 5, 2023; and
WHEREAS, City Staff has prepared and submitted to the City Council proposed
amendments to the budget for Fiscal Year 2024-2025 for the City of Gilroy in the staff report dated
October 7, 2024, Glen Loma EIR Addendum and Development Agreement Operating
Memorandum.
NOW, THEREFORE, BE IT RESOLVED THAT the revenue appropriations for Fiscal
Year 2024-2025 in Fund 400 – Capital Projects Fund shall be increased by $7,200,000, and the
expenditure appropriations for Fiscal Year 2024-2025 in Fund 425 – Traffic Impact Fund shall
be increased by $1,046,337 to be transferred out to the Capital Projects Fund (400).
PASSED AND ADOPTED this 7th day of October 2024 by the following roll call vote:
AYES: COUNCIL MEMBERS: BRACCO, ARMENDARIZ, MARQUES, HILTON,
CLINE, TOVAR, BLANKLEY
NOES: COUNCIL MEMBERS:
ABSTAIN: COUNCIL MEMBERS:
ABSENT: COUNCIL MEMBERS:
APPROVED:
Marie Blankley, Mayor
ATTEST:
Beth Minor, Interim City Clerk
Docusign Envelope ID: F72CA207-5656-4B23-B895-71EB49153300
Resolution No. 2024-47
Budget Amendment Capital Projects and the Traffic Impact Funds
Meeting | October 7, 2024
Page 2 of 2
CERTIFICATE OF THE CLERK
I, BETH MINOR, Interim City Clerk of the City of Gilroy, do hereby certify that the
attached Resolution No. 2024-48 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 Monday, October 7, 2024, with a quorum present.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the Official Seal of
the City of Gilroy this Tuesday, October 8, 2024.
Beth Minor
Interim City Clerk of the City of Gilroy
Docusign Envelope ID: F72CA207-5656-4B23-B895-71EB49153300