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HomeMy WebLinkAboutReso - CC - 016-1997RESOLUTION 16-97 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BURLINGAME APPROVING AMENDMENT NO. 1 TO THE 1996-1997 CITY OPERATING BUDGET AND CAPITAL PROGRAM TO PROVIDE FUNDING FOR THE PURCHASE OF THE SHELL OIL COMPANY PROPERTY AT 1490 BURLINGAME AVENUE RESOLVED, by the City Council of the City of Burlingame: WHEREAS, by Resolution No. 41-96, the City Council adopted a budget and capital program for 1996-1997; and WHEREAS, the property at 1490 Burlingame Avenue was made available for purchase in the fall of 1996, and the City wishes to purchase this property for public use; and WHEREAS, there are sufficient funds in the unappropriated general fund balance in the 1996-1997 budget to make this purchase, NOW, THEREFORE, IT IS ORDERED: 1. The 1996-1997 City Budget and Capital Program are amended by the transfer of $1,250,000 from the unappropriated general fund balance to a capital improvement project for the purchase and development of the property at 1490 Burlingame Avenue. MAYOR I, JUDITH A. MALFATTI, City Clerk of the City of Burlingame, do hereby certify that the foregoing resolution was introduced at a regular meeting of the City Council held on the_ 19thday of FEBRUARY 1997, and was adopted thereafter by the following vote: AYES: COUNCILMEMBERS: HARRISON, JANNEY, KNIGHT, O'MAHONY, SPINELLI NOES: COUNCILMEMBERS: NONE ABSENT: COUNCILMEMBERS: NON / / CITY CLERK '