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RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDWOOD CITY <br />ESTABLISHING AND DECLARING STAMBAUGH STREET AND BUCKEYE STREET AT <br />STAMBAUGH STREET; AND STAMBAUGH STREET AND PINE STREET AT PINE <br />STREET TO BE STOP ENTRANCES <br />7.3 Section —Warrants <br />A. Approve warrants dated through April 28, 2003 and usual and necessary <br />payments through May 5, 2003; <br />Staff contact: Staff contact: Brian Ponty, Director of Finance and Financial Planning <br />780 -7072 bponty(a)redwoodcitv.org <br />7.4 Section — Ordinances - Introductions <br />A. Fiscal Year 2002/2003 Budget Reductions <br />Staff contact: Brian Ponty, Director of Finance and Financial Planning 780 -7072 <br />bponty5redwoodcity. org <br />Recommendation <br />It is recommended that the City Council introduce an ordinance adopting, by a <br />five - sevenths affirmative vote, the budget reductions that were approved by <br />Council on March 10, 2003 for the fiscal year 2002/2003 totaling $1.32 million. <br />ORDINANCE AMENDING ORDINANCE NO. 2232 THEREBY REDUCING AMOUNT <br />FROM SPECIFIED APPROPRIATIONS FOR FISCAL YEAR 2002 -2003 <br />B. Fiscal Year 2002/2003 Appropriations Revisions <br />Staff contact: Brian Ponty, Director of Finance and Financial Planning 780 -7072 <br />bpontvaredwoodcitv.org <br />Recommendation <br />It is recommended that the City Council introduce an ordinance appropriating and <br />transferring certain funds for specified purposes in order to conform budgeted <br />amounts to actual expenditures approved for transactions, which occurred during <br />fiscal year 2002/2003. <br />ORDINANCE AMENDING ORDINANCE NO. 2232 THEREBY APPROPRIATING <br />SPECIFIED AMOUNTS FROM DESIGNATED UNAPPROPRIATED FUND BALANCES <br />TO SPECIFIED APPROPRIATIONS, CANCELING CERTAIN APPROPRIATIONS, AND <br />TRANSFERRING SPECIFIED AMOUNTS FROM DESIGNATED APPROPRIATIONS TO <br />OTHER SPECIFIED APPROPRIATIONS. <br />REGULAR CITY COUNCIL MEETING APRIL 28, 2003 <br />AGENDA PAGE3 <br />