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2021/09/28 City Council Resolution 2021-110 RESOLUTION NO. 2021-110 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROHNERT PARK APPROVING A BUDGET AMENDMENT FOR THE WATER TANK 8 PROJECT (CIP PROJECT NO. 2006-09) WHEREAS; the Water Tank 8 Project(CIP Project No. 2006-09) is funded from a combination of the City's Water Capacity Charge Fund (Fund 519) and contributions from the University District developer under its development agreement with the City; and WHEREAS, over the course of the construction of the project, the City recognized an opportunity to construct a second gravity-feed tank (Tank 9) adjacent to Tank 8 and negotiated with its contractor to complete additional work to support Tank 9; and WHEREAS, the work necessary to support Tank 9 does not benefit the University District developer and is appropriately funded by the City's broader Water Capacity Charge program that receives funding from all new development; and WHEREAS, the change in the beneficiaries of the construction project necessitates a change in the budget allocations for the project. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Rohnert Park that it does hereby authorize the Finance Director to amend appropriations for Fiscal Year 2020-21 in project 2006-09 (Fund 541) by transferring $384,547.32 from Water Capacity Charge Fund (Fund 519) and reducing $738,125.29 in developer contributions to this project. BE IT FURTHER RESOLVED that the Finance Director is authorized to make amendments to the City's budget and appropriations to effectuate this action. DULY AND REGULARLY ADOPTED this 28th day of - - .er, 2021.iC OF I'O II NERT PARK ..JIi.1, -r/%G►i 4 G-rard iudi ,,..Tror ATTEST: Elizabeth Machado, Acting City Clerk ADAMS:Pb en - LINARES: e STAFFORD:Absur} ELWARD: PLjC. GIUDICE: PiGie, AYES: ( 3 ) NOES: ( 95 ) ABSENT: ( 2 ) ABSTAIN: ( 0 )