CC Resolution No. 23-092 amending the Capital Improvement budget for Fiscal Year 2023-24 by appropriating monies for Cristo Rey Bike Lanes
RESOLUTION NO. 23-092
A RESOLUTION OF THE CUPERTINO CITY COUNCIL
AMENDING THE CAPITAL IMPROVEMENT BUDGET FOR FISCAL YEAR
2023-2024 BY APPROPRIATING MONIES FOR THE CRISTO REY BIKE
LANES, WHICH IS PART OF THE 2016 BIKE IMPLEMENTATION CLASS II
BIKE LANES PROJECT
WHEREAS, the orderly administration of municipal government depends
on a sound fiscal policy of maintaining a proper ratio of expenditures within
anticipated revenues and available monies; and
WHEREAS, accomplishing City Council directives, projects, and programs
and performing staff duties and responsibilities likewise depends on the monies
available for that purpose; and
WHEREAS, the city Manager has determined that the balances from the
funds specified in this resolution are adequate to cover the proposed amended
appropriations, and therefore recommends the fund reallocations described
herein; and
WHEREAS, the City’s 2016 Bicycle Transportation Plan identified
implementation of Class II bike lanes on Cristo Rey Drive as a Tier III
Improvement; and
WHEREAS, on December 21, 2022, the City’s Bicycle Pedestrian
Commission approved implementation of Class II bike lanes on Cristo Rey Drive
through a cost-sharing agreement with the Midpeninsula Regional Open Space
District;
NOW, THEREFORE, BE IT RESOLVED that the City Council does hereby
approve the recommended fund allocations and the attached amended
appropriations as set forth in Exhibit A.
PASSED AND ADOPTED at a regular meeting of the City Council of the City of
Cupertino this 18th day of July, 2023, by the following vote:
Resolution No. 23-092
Page 2
Members of the City Council
AYES: Wei, Mohan, Chao, Fruen, Moore
NOES: None
ABSENT: None
ABSTAIN: None
SIGNED:
________
Hung Wei, Mayor
City of Cupertino
________________________
Date
ATTEST:
________
Kirsten Squarcia, City Clerk
________________________
Date
7/27/23
7/27/23
Resolution No. 23-092
Page 3
Exhibit A
Appropriation Amendment by
Fund
Revenue
Amendment
Appropriation
Amendment
Fund Balance
(Use of)
420 Capital Projects Fund $30,000 $30,000 $-
429 Capital Reserve Fund $- $15,000 ($15,000)-
Total Appropriation
Amendment All Funds
$30,000 $45,000 $(15,000)