Loading...
2015-060 - Release Budget Funds for Blossom Hill Park Little League Backstop CIP ProjectRESOLUTION 2015 -060 RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF LOS GATOS TO RELEASE BUDGET FUNDS FOR FY 2015/16 CAPITAL IMPROVEMENT PROGRAM PROJECT 831 -3407: BLOSSOM HILL PARK — LITTLE LEAGUE BACKSTOP WHEREAS, Section 2.30.295(b) of the Los Gatos Town Code requires the Town Manager to annually prepare and submit a budget to the Town Council and be responsible for its administration; and WHEREAS, the Town Manager submitted a proposed budget for the FY 2015/16 to the Town Council; and WHEREAS, the Town Council has considered and reviewed said capital improvement plan during public hearing; and WHEREAS, the Town Council approved the capital improvement plan on June 16, 2015, identifying a list of ten projects totaling $2,132,700 to place on hold pending future Council Authority to release funds; and WHEREAS, project 831 -3407: Blossom Hill Park — Little League Backstop, totaling $25,000 of General Fund Appropriated Reserve money was one of the ten identified projects on -hold. RESOLVED, that the Town Council hereby authorizes release of up to $25,000 in funding for project 831 -3407: Blossom Hill Park — Little League Backstop to complete this project. BE IT FURTHER RESOLVED, that the project costs are to be split evenly between the Town of Los Gatos and Los Gatos Little League. PASSED AND ADOPTED at a regular meeting of the Town Council of the Town of Los Gatos, California, held on the 3rd day of November 2015 by the following vote: COUNCIL MEMBERS: AYES: Steve Leonardis, Rob Rennie, Marico Sayoc, Barbara Spector, Mayor Marcia Jensen NAYS: ABSENT: ABSTAIN: SIGNED: MAYOR OF THE TOWN OF LOS GATOS LOS GATOS, CALIFORNIA ATTEST: CLERK ADMINISTRATOR OF THE TOWN OF LOS GATOS LOS GATOS, CALIFORNIA