2005-121 - Authorizing The Transfer Of Community Development Block Grant (Cdbg) Funds And Related Budget AdjustmentsRESOLUTION 2005 -121
RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF LOS GATOS
AUTHORIZING THE TRANSFER OF COMMUNITY DEVELOPMENT BLOCK
GRANT (CDBG) FUNDS AND RELATED BUDGET ADJUSTMENTS
WHEREAS, the Town of Los Gatos receives Community Development Block Grant
funds from the U.S. Department of Housing and Urban Development through the County of Santa
Clara as a non - entitlement city pursuant to the provisions of Title I of the Housing and Community
Development Acts of 1974 and 1977, as amended; and
WHEREAS, the U.S. Department of Housing and Urban Development requires that
any funds remaining from completed projects must be transferred to another project before they may
be utilized; and
WHEREAS, the Town Council wishes to allocate additional funds to Capital
Improvement Program project 0539, which ensures compliance with Americans with Disabilities
Act (ADA) accessibility requirements.
NOW, THEREFORE, THE TOWN COUNCIL OF THE TOWN OF LOS GATOS
DOES HEREBY RESOLVE AS FOLLOWS:
A. The Town Council does hereby authorize the transfer of funds on the Town's
Cash Control Report, as set out in Exhibit A, attached and incorporated
herein, and the related budget adjustments.
1
1
PASSED AND ADOPTED at a regular meeting of the Town Council of the Town of
Los Gatos, California, held on the 5th day of December, 2005, by the following vote:
COUNCIL MEMBERS:
AYES:
Steve Glickman, Joe Pirzynski, Barbara Spector, Mike Wasserman,
Mayor Diane McNutt.
NAYS:
None
ABSENT:
None
ABSTAIN:
None
SIGNED:
0 IC � ^4&
MAYOR OF THE TOWN OF LOS GATOS
LOS GATOS, CALIFORNIA
ATTEST:
2
CLERK ADA+TRANTOR.
OF THE TOWN OF LOS GATOS
LOS GATOS, CALIFORNIA
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