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2021/02/09 City Council Resolution 2021-011 RESOLUTION NO. 2021-011 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROHNERT PARK AUTHORIZING AND APPROVING THE CITY MANAGER TO INCREASE APPROPRIATION FOR FY 2020-21 TO TRANSFER ASSIGNED FUND BALANCES WHEREAS; the City Council of the City of Rohnert Park adopted the FY 2020-21 Budget on June 23, 2020; WHEREAS, the City Council has the authority to amend the budget and authorize appropriations regarding reserves and various replacement funds; and WHEREAS,the City Council concurs with the assignments to transfer the funds from the General Fund Assigned Fund Balance to the Infrastructure Replacement Fund in amount of $1,482,520 and to the Vehicle Replacement Fund in amount of$741,260, in accordance with the assigned purposes. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Rohnert Park that it does hereby approve an authorization to increase appropriations for FY 2020-21 and transfer funds from the General Fund Assigned Fund Balance to the Infrastructure Replacement Fund in amount of$1,482,520 and to the Vehicle Replacement Fund in amount of$741,260, and authorizes the City Manager or designee to take such actions as may be necessary to effectuate such appropriations. DULY AND REGULARLY ADOPTED this 9th day of February 2021. CITY 0,0 ERT PARK 0,4 • • ayor ATTEST: Sylvia Lopez , ity Clerk ADAMS: { LINARES: STAFFORD: ,C ELWARD: GIUDICE: L AYES: ( S ) P�S: ( z, ) ABSEN : ( 529) ABSTAIN: