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<br />12/12/2006 <br /> <br />NOW, THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />REDWOOD CITY, AS FOLLOWS: <br /> <br />1. The Finance Director shall transfer [establish an appropriation in the amount of] <br />$2,564,000 from the unreserved fund balance in the general fund [for] to the Redwood <br />Shores Community Library Project Accounts <br /> <br />2. The Finance Director shall transfer $466,000 in FY 07/08 from the (Anticipated Savings <br />from the Library Operating Budget FY 07-08) Budget to the Redwood Shores Community <br />Library Project Accounts. <br /> <br />4. The foregoing sums appropriated or transferred and added for the purposes herein <br />specified are effective upon adoption of this resolution, and shall be an addition to all <br />other sums appropriated or transferred for such purposes during the life of the project. <br /> <br />* <br /> <br />* <br /> <br />* <br /> <br />A TTY/RESO/RESO.1669 <br />120706 <br /> <br />14753 <br />Formerly Muff # 304 <br /> <br />2 <br />