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Resolution No. 7048 1 RESOLUTION NO. 7048 2 3 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF VERNON AMENDING RESOLUTION NO. 6974, WHICH APPROVED A BUDGET FOR THE FISCAL YEAR 1997- 1998, TO REFLECT INCREASES 4 5 6 WHEREAS, Resolution No. 6974 was adopted by the City 7 Council of the City of Vernon on June 25, 1997; and 8 WHEREAS, Resolution No. 6974 approved a budget for the fiscal year 1997-1998; and WHEREAS, the City Council of the City of Vernon wishes to amend the budget for fiscal year 1997-1998 to reflect certain 9 10 11 12 increased requirements for the fiscal year for the Equipment 13 Replacement Fund (Autos - Fund 175) of the City of Vernon; and WHEREAS, the budget increase approved by this Resolution will not cause the budget of the City to exceed the general 14 15 16 government appropriations limit for fiscal year 1997-1998 established by Resolution No. 6975. 17 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF 18 THE CITY OF VERNON AS FOLLOWS: 19 20 SECTION 1: The City Council of the City of Vernon finds and determines that the recitals contained hereinabove are true 21 and correct. 22 23 SECTION 2: The City Council of the City of Vernon hereby approves increasing the Capital Equipment budget for the Equipment Replacement Fund (Auto-Fund 175), from $290,010.00 to $938,988.00 to reflect Fire Department--Fire and Other Operations 24 25 26 purchase of an aerial ladder truck in fiscal year 1997-1998. The 27 sum of $648,978.00 shall be transferred from the fund balance to 28 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 the Equipment Replacement Fund (Autos - Fund 175) for this purpose. SECTION 3: The City Council of the City of Vernon hereby finds and determines that the foregoing is a necessary increase in expenditure for Capital Equipment budget for the Equipment Replacement Fund (Autos - Fund 175) and that the City Council of the City of Vernon further finds and determines that the same is in the best interests of the City 'of Vernon and constitutes a reasonable expenditure of public funds. SECTION 4: The City Clerk of the City of Vernon is hereby directed to file this resolution with the County Auditor of Los Angeles County within sixty (60) days after its passage, to fulfill the purposes of SS 53900 and 53901 of the Government Code of the State of California with respect to this amendment. SECTION 5: The City Clerk of the City of Vernon shall certify to the passage of this resolution, and thereupon and thereafter the same shall be in full force and effect. APPROVED AND ADOPTED this 18th day of November, 1997. ATT/t _ v/#f~ BRUCE V. MALKENHORST, City Clerk - 2 - - 1 STATE OF CALIFORNIA ) )ss 2 COUNTY OF LOS ANGELES ) 3 I, BRUCE V. MALKENHORST, City Clerk of the City of 4 Vernon, do hereby certify that the foregoing Resolution, being 5 Resolution No. 7048, was duly adopted by the City Council of the 6 city of Vernon at a regular meeting of the City Council duly held 7 on Tuesday, November 18, 1997, and thereafter was duly signed by 8 the Mayor of the City of Vernon. 9 ~vtL----v /!- 10 BRUCE V. MALKENHORST, City Clerk 11 ( SEAL) 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 - 3 -