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HomeMy WebLinkAboutResolution 2016-019 N.C.S. 02/08/2016Resolution No. 2016-019 N.C.S. of the City of Petaluma, California AUTHORIZING THE APPROPRIATION OF VARIOUS GENERAL FUND RESERVES FOR SPECIFIC USES WHEREAS, the City Council has provided direction that 15% of General Fund expenditures be held in a designated reserve for emergency contingencies; and, WHEREAS, in addition, one time General Fund monies have been accumulated and committed for specific uses; and, WHEREAS, those specific uses include employee compensation, General Plan update, street repairs and maintenance, and sidewalk repairs and maintenance, NOW, THEREFORE, BE IT RESOLVED that: 1. The City Council hereby approves appropriation of committed General Fund reserves in the amounts of $200,000 for employee compensation and $170,000 for American's with Disability Act improvement projects. Under the power and authority conferred upon this Council by the Charter of said City. REFERENCE: I hereby certify the foregoing Resolution was introduced and adopted by the Council of the City of Petaluma at a Special Meeting on the 8th day of February, 2016, by the following vote: AYES: Albertson, Barrett, Mayor Glass, Healy, Kearney, Vice Mayor King, Miller NOES: None ABSENT: None ABSTAIN: None tLa ATTEST: City Clerk City Resolution No. 2016-019 N.C.S. Page 1