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Brian Ponty, Finance Director, said this Council action is needed to adjust the budget due <br />to unforeseen circumstances. H said that overall there are funds to cover these <br />additional expenditures. One Council Member asked City Clerk Vonderlinden if nything <br />is being done about the election cost. City Clerk Vor der i den said that there is a meeting <br />scheduled for June, with County Clerk Warren Slocum, but many c ities are paying the bill. <br />ills Ira /Baia to approve the Resolution as proposed. Motion carries unanimously by roll <br />c all vote. <br />E . Fiscal year 2007!2008 Appropriation Revisi rns for Redevelopment Agency <br />( RDA) Operating and Capital Budgets - City CouncillRedevelopm <br />Agency Boa <br />Recommendation: <br />Approve 'the resolutions making findings pursuant to Health & Safety Code Section <br />33445 and amending the RDA FY 2007108 operating and Capital Budgets as <br />follows; <br />1. Appropriate $60,500 from the RDA General Fund "Working Capit l Balance$ t <br />"Employee Services" (including benefits) to add the equivale of .36 FTB <br />Recreation Coordinator 11, .25 FTB Re Manager and part -time casual <br />staffing support to help coordinate, implement and promote "Summer in the <br />City If programming and special everts and activities in the Downtown through <br />June 30, 2008. <br />2. Appropriate the $50,000 grant from Target to the RDA General Fund Operating <br />budget (Economic Development Programs) for Downtown Programming <br />concerts pursuant to the terms of the agreement. <br />3. Appropriate $600,000 from the RDA General Fund "Working ng Capital Balance <br />to the RDA Capital budget for "Transit Connectivity P roject" #803 - 72023). <br />4 . Appropriate $650,000 from the RDA General Fund "Working ing Capital Balance" <br />to the RDA Capital budget for a new. capital project: "Downtown Garage <br />Foundation Upgrade Project. �P <br />5. Appropriate $ .1 million from the RDA Housing Bet -Aside Fund "W <br />Capital Balance" to the RDA Housing Capital budget: "Housing Proje ts- <br />General Land anking" ( #806- 71 953). l <br />6. Appropriate $1 million from the RDA Housing Bet -Aside Fund "Working Cap .ital <br />B la n e" to the Bradford Street Project (#806-71625). (404) <br />RESOLUTION 14850 OF THE CITY COUNCIL OF THE CITY OF REDW CITY <br />MAKING FINDINGS PURSUANT TO HEALTH AND SAFETY CODE SECTION 33445. <br />RESOLUTION R -2 OF THE REDEVELOPMENT AGENCY OF THE CITE' OF <br />RE DWOOD CITY APPROVING AND AUTHORIZING RING AN AMENDMENT TO THE <br />AGENCY BUDGET FOR FISCAL YEAR 2007 -2008. <br />JOINT CITE' COUNCIUREDEVELOPMENT AGENCY BOARD MEETING MARCH CH 1 , 2008 <br />MINUTES PAGE <br />MINUTE B NO. 62 <br />Page No. 42 <br />