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HomeMy WebLinkAboutReso - CC - 011-2007RESOLUTION NO. 11-2007 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BURLINGAME APPROVING BUDGET AMENDMENTS TO THE BUDGET FOR THE CITY OF BURLINGAME FISCAL YEAR ENDING JUNE 30, 2007 FOR PURCHASE OF FIRE LADDER APPARATUS RESOLVED by the CITY COUNCIL of the CITY OF BURLINGAME that: WHEREAS, the City adopted its budget in June 2006, which included capital purchases of equipment; and WHEREAS, the City has intended to purchase a replacement fire ladder apparatus in Fiscal Year 2007-2008; and WHEREAS, by prepaying for the fire ladder apparatus for delivery in 2007-2008, the City will save $38,545 on the purchase price, and this savings is greater than if the purchase money were invested during the purchase and delivery period; and WHEREAS, there are sufficient funds in the Equipment Replacement Fund to make this prepayment and purchase, NOW, THEREFORE, IT IS ORDERED AS FOLLOWS: 1. The budget for Equipment Replacement for the Central County (Burlingame) Fire Department for fiscal year 2006-2007 is amended by appropriating $700,000 from the Equipment Replacement Fund for purchase of a fire ladder apparatus. a IBJ yor I, DORIS MORTENSEN, Deputy City Clerk of the City of Burlingame, do hereby certify that the foregoing resolutions were introduced at a regular meeting of the City Council held on the _5thday of February , 2007, and was adopted thereafter by the following vote: AYES: COUNCILMEMBERS: BAYLOCx, COVEN, KEICHRAN, BAGEL, O'NAHONY NOES: COUNCILMEMBERS: NONE ABSENT: COUNCILMEMBERS: NONE City Clerk