HomeMy WebLinkAbout035-2012Iii *Y6] Hill
INCREASING THE BUDGET FOR THE VETERANS MEMORIAL BUILDING
RENOVATION PROJECT, CIP NO. B -510
WHEREAS, the Town appropriated funding for Veterans Memorial Building
Renovation, CIP Nos. B -510 (formerly A -510), within the adopted 2011/12 Operating
Budget and Capital Improvement Program (CIP); and
WHEREAS, the Veterans Memorial Building Development Committee of San Ramon Valle
(VMBDC) has been actively soliciting donations to contribute funding for the project in
an amount appropriated in the CIP; and
WHEREAS, the Town received a $200,000 installment payment from the VMBDC on
February 7, 2012; and
WHEREAS, the Town Council must authorize an increase in the project budget in order
to utilize the VMBDC payment for project expenses; now, therefore, be it
RESOLVED, by the Danville Town Council, that the CIP for Project B -510 be amended
to show an increase of $200,000 in the Expenditure Category for construction in the
current fiscal year to reflect the installment payment from the VMBDC; and, be it
further
RESOLVED, by the Danville Town Council that use of the $200,000 be authorized for
project expenses.
APPROVED by the Danville Town Council at a regular meeting on March 20, 2012 by
the following vote:
AYES: Andersen, Arnerich, Doyle, Storer
NOES: None
ABSTAINED: None
ABSENT: Stepper
MAYOR
A OVED AS TO FORM: TTEST:
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CITY ATTORNEY CITY CLERK