HomeMy WebLinkAboutResolution 2020-191 N.C.S. 12/21/2020 Resolution No. 2020-191 N.C.S. Page 1
Resolution No. 2020-191 N.C.S.
of the City of Petaluma, California
RESOLUTION AUTHORIZING AWARD OF CONTRACT FOR THE
TENNIS & PICKLEBALL COURT LED LIGHTING UPGRADE FOR COURTS AT
LUCCHESI AND MCNEAR PARK PROJECT TO DC ELECTRIC GROUP, INC.
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, as of June 30, 2019 a total of $4,434,461 was committed for various uses including
$2,040,000 for employee compensation, $1,560,839 for a General Plan update, $300,000 for FEMA, and
$533,622 for the Artificial Turf Replacement Program; and
WHEREAS, as of February 3, 2020 $500,000 was released for Employee Compensation and $300,000
was released for FEMA disaster closeout; and
WHEREAS, as of December 21, 2020 an additional $258,558 is newly committed for $180,989 for a
General Plan update and $77,569 for the Artificial Turf Replacement Program and an additional $400,000 is
released for compensation; and,
WHEREAS, as of December 21, 2020 after balances of $400,000 are released and $258,558 are
committed, the General Fund Committed Fund Balance totals $3,493,019; and,
WHEREAS, GASB number 54 requires that those revenues be committed and released by formal Council
action.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Petaluma as follows:
1. The City Council hereby designates committed General Fund reserves in the amounts of $258,558;
$180,989 for a General Plan update and $77,569 for the Artificial Turf Replacement Program.
2. The City Council hereby releases committed General Fund reserves in the amount of $400,000 for
employee compensation.
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 Regular meeting on the 21st day of
December 2020, by the following vote:
Approved as to
form:
__________________________
City Attorney
AYES: Mayor Barrett; Vice Mayor Fischer; Healy; Kearney; King; McDonnell; Miller
NOES: None
ABSENT: None
ABSTAIN: None
ATTEST: ______________________________________________
City Clerk
______________________________________________
Mayor