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DES:djk 09/15/89 (#25/005) <br /> <br /> ORIGINAL <br /> <br /> RESOLUTION NO. RDA-89-12 RD-89-12 SEP 25 1989 <br /> <br /> RESOLUTION TRANSFERRING THE SUM OF $50,000.00 FROM THE <br /> APPROPRIATION FOR CAPITAL OUTLAY EXPENDITURES TO THE <br /> CITY OF REDWOOD CITY FOR EXPENDITURE FOR CAPITAL <br /> IMPROVEMENTS WITHIN THE SEAPORT REDEVELOPMENT PROJECT <br /> AREA <br /> <br /> (SEAPORT BOULEVARD IMPROVEMENTS) <br /> <br /> WHEREAS, the City of Redwood City has heretofore entered <br />into agreements relating to the construction of capital <br />improvements implementing this Agency's Seaport Project Area <br />Redevelopment Plan; and <br /> <br /> WHEREAS, said City requires additional funds in order to <br />complete the capital improvements pertaining to reconstruction of <br />Seaport Boulevard within said Project Area; <br /> <br /> NOW THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF <br />REDWOOD CITY, ACTING AS THE REDEVELOPMENT AGENCY OF THE CITY OF <br />REDWOOD CITY AS FOLLOWS: <br /> <br /> 1. The sum of Fifty Thousand and No/100 Dollars <br />($50,000.00) is hereby ordered transferred from the appropriation <br />for capital outlay to the City of Redwood City for expenditure by <br />said City for the Seaport Boulevard reconstruction project within <br />the Seaport Redevelopment Project Area in the City of Redwood <br />City. <br /> <br /> 2. The aforementioned sum shall be for expenditure during <br />the fiscal year July 1, 1989 - June 30, 1990 and shall be in <br />addition to all sums transferred for such purposes during the <br />fiscal year July 1, 1989 - June 30, 1990. <br /> <br /> RD 89-12 <br /> <br /> <br />