2015/04/14 City Council Resolution 2015-065RESOLUTION NO. 2015 -065
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROHNERT
PARK AUTHORIZING AND APPROVING THE DIRECTOR OF FINANCE TO
INCREASE APPROPRIATIONS BY $3,787,187 WITHIN THE GRATON MITIGATION
SUPPLEMENTAL SPECIAL REVENUE FUND NUMBER 184 - 0000 - 400 -8001 AND
$1,212,813 IN THE GRATON MITIGATION DEVELOPMENT FEE SPECIAL
REVENUE FUND NUMBER 176 - 0000 - 400 -8001 AND ANY ADMINISTRATIVE
ADJUSTMENTS NECESSARY TO PARTIALLY REIMBURSE THE GENERAL FUND
FOR LOST REVENUE ASSOCIATED WITH THE GRATON CASINO
WHEREAS, the City prepared a Casino Mitigation Analysis: Lost Property and Sales
Tax Revenues Related to Northwest Specific Plan (report); and
WHEREAS, the Council received the report on March 24, 2015 and provided direction
regarding the report; and
WHEREAS, the staff report recommended that any lost revenue payment in FY 2014 -15
would be made through a budget amendment; and
WHEREAS, the amount of $5,000,000 achieves a balance between reducing the overall
amount of lost revenue to the City while not impacting other mitigation efforts.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Rohnert
Park that it does hereby authorize and approve the Director of Finance to increase appropriations
in the Graton Supplemental Special Revenue Fund Number 184- 0000 - 400 -8001 in the amount of
$3,787,187 and the Graton Mitigation Development Special Revenue Fund Number 176 -0000-
400 -8001 in the amount of $1,212,813 and; make any administrative adjustments necessary to
reimburse the City's General Fund for lost revenue associated with Graton Casino.
BE IT FURTHER RESOLVED that revenue appropriations in the General Fund will be
increased by $5,000,000.
DULY AND REGULARLY ADOPTED this 14th day of April, 2015.
CITY OF ROHNERT PARK
Am ano a ayor
ATTEST:
> t
r nne M. Buerrgler, City (Aerk
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