City of Valdez - File #: RES 21-0027

• File #: RES 21-0027
• Version: 1
• Type: Resolution
• Status: Passed
• File created: 6/25/2021
• In control: City Council
• On agenda: 7/6/2021
• Final action: 7/6/2021
• Title: #21-27 - Amending the 2021 City Budget by Transferring $275,000 from the Reserve/Harbor Major Maintenance Fund to the Capital Projects/Harbor H-K Replacement Fund
• Sponsors: City Council

Date	Ver.	Action By	Action	Result
7/6/2021	1	City Council	approved	Pass

ITEM TITLE: 

#21-27 - Amending the 2021 City Budget by Transferring $275,000 from the Reserve/Harbor Major Maintenance Fund to the Capital Projects/Harbor H-K Replacement Fund

SUBMITTED BY: Brian Carlson, Finance Director

FISCAL NOTES: 

Expenditure Required: $275,000

Unencumbered Balance: $6.6MM

Funding Source: Reserve / Harbor Major Maintenance and Replacement

RECOMMENDATION:

Approve Resolution #21-27

SUMMARY STATEMENT:

•                     This resolution provides additional funding needed for Harbor H-K design contract, also on the July 6^th agenda, per Capital Facilities Director