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HomeMy WebLinkAboutR-11221 authorizing use of General Fund Unassigned Working Capital for the Fire Station 1 Air Compressor Replacement ProjectR 11221 RESOLUTION NO. 11221 (2021 SERIES) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN LUIS OBISPO, CALIFORNIA, AUTHORIZING USE OF GENERAL FUND UNASSIGNED WORKING CAPITAL TO SUPPORT THE FIRE STATION 1 AIR COMPRESSOR REPLACEMENT PROJECT, SPECIFICATION NO. 1000045 WHEREAS, in June of 2019, the City Council approved 2019-21 Financial Plan – Capital Improvement Program, which identified the Fire Station 1 Air Compressor Replaced as a Capital project with a budget of $80,000; and WHEREAS, to provide funding to support the air compressor replacement for the Project, staff is recommending the City Council approve use of $10,000 from General Fund, Unassigned Working Capital; and WHEREAS, a balance of approximately $23,800 is available from General Fund, Unassigned Working Capital to fund the Project. NOW, THEREFORE, BE IT RESOLVED by the Council of the City of San Luis Obispo as follows: Resolution No. 11221 (2021 Series) Page 2 R 11221 SECTION 1. The City Council authorizes staff to transfer $10,000 from the General Fund, Unassigned Working Capital to the Fire Station 1 Air Compressor Replacement, Specification No. 1000045, to support the replacement of essential Fire Department equipment. Upon motion of Council Member Christianson, seconded by Council Member Pease, and on the following roll call vote: AYES: Council Member Christianson, Marx, Pease, Vice Mayor Stewart, and Mayor Harmon NOES: None ABSENT: None The foregoing resolution was adopted this 2nd day of February 2021. ____________________________________ Mayor Heidi Harmon ATTEST: ____________________________________ Teresa Purrington City Clerk APPROVED AS TO FORM: _____________________________________ J. Christine Dietrick City Attorney IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the City of San Luis Obispo, California, on ___________________________. ____________________________________ Teresa Purrington City Clerk