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<br /> 6.2E <br /> Page 3 <br /> RESOLUTION NO. <br />RESOLUTION APPROPRIATING AND TRANSFERRING CERTAIN <br />FUNDS FOR SPECIFIED PURPOSES TO CONFORM BUDGETED <br />AMOUNTS TO ACTUAL EXPENDITURES DURING FY 2005/06 <br />WHEREAS, during the course of a fiscal year, the City Council may take actions <br />that change or modify the City's existing and approved budgets; and <br />WHEREAS, grants and revenue are received during the course of the fiscal year <br />which were not anticipated when the City's budgets were first approved; and <br />WHEREAS, appropriations need to be established in order for staff to utilize <br />grants and revenues received; and <br />WHEREAS, generally, twice a year staff will present appropriation changes to <br />the City Council for approval; and <br />WHEREAS, staff has presented written documentation, which is attached hereto <br />as Exhibits "A" and "B" which sets forth in particularity the revisions necessary to <br />transfer for formally appropriate funds to implement many projects and issues that the <br />City Council has previously approved; and <br />WHEREAS, sufficient resources are available within the unreserved fund <br />balance in the respective funds or will be made available through grants or increased <br />revenues that will be received this fiscal year to support the recommended <br />appropriations. <br />NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF <br />REDWOOD CITY AS FOLLOWS: <br />1. The following stated amounts, as set forth in full in Exhibits "A" and "8" <br /> which are attached hereto and made a part hereof, are hereby <br /> appropriated, transferred, or canceled from the stated appropriations or <br />Atty/Reso/Reso.1628 <br />061206 <br /> 1 <br /> ...--.-...-....--,..... .,' ....., <br />