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HomeMy WebLinkAbout2023-06-13; City Council; Resolution 2023-168RESOLUTION NO. 2023-168 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, APPROVING AN ADJUSTMENT TO THE FISCAL YEAR 2022-23 CAPITAL IMPROVEMENT PROGRAM BUDGET WHEREAS, in FY 2021-22, Planned Local Drainage Area funds required an adjustment to fund balances for the use of habitat mitigation credits; and WHEREAS, more habitat mitigation credits were applied to Planned Local Drainage Area B than required, which necessitates a transfer between the Planned Local Drainage Area funds; and WHEREAS, there are sufficient fund balances within all Planned Local Drainage Area funds to accommodate this request. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Carlsbad, California, as follows: 1.That the above recitations are true and correct. 2.That the City Council of the City of Carlsbad, California, authorizes a capital improvement program transfer of $230,625 from Planned Local Drainage Area fund B split equally to Planned Local Drainage Area funds A, C, and D. PASSED, APPROVED AND ADOPTED at a Joint Special Meeting of the City Council of the City of Carlsbad, the Board of Directors of the Carlsbad Municipal Water District, the Board of Directors of the Carlsbad Public Financing Authority, the Community Development Commission, and the City Council as Successor Agency to the Carlsbad Redevelopment Agency held on the 13th day of June, 2023, by the following vote, to wit: AYES: NAYS: ABSTAIN: ABSENT: Blackburn, Bhat-Patel, Acosta, Burkholder, Luna. None. None. None. f- KEITH BLACKBURN, Mayor SHERRY FREISINGER, City Clerk (SEAL)