HomeMy WebLinkAboutResolution 2017-022 N.C.S. 02/13/2017Resolution No. 2017 -022 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 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 $600,000 for employee compensation and $164,000 for
the Payran Underground Storage Tank Site Remediation project.
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 - Approved as to
Council of the City of Petaluma at a Special meeting on the 13`b day of February, # f
2017, by the following vote: �£ ,
City A orney
AYES: Albertson, Vice Mayor Barrett, Mayor Glass, Healy, Kearney, King, Miller
NOES: None
ABSENT: None
ABSTAIN: None
ATTEST:° F L
City Clerk May
Resolution No. 2017 -022 N.C.S. Page 1