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R 5090 RESOLUTION NO. 5090 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARROYO GRANDE ADOPTING THE FISCAL YEAR 2021- 2023 CAPITAL IMPROVEMENT PROGRAM BUDGET AND MAKING APPROPRIATIONS FOR THE AMOUNT BUDGETED WHEREAS, a proposed Capital Improvement Program Budget for the City of Arroyo Grande for the Fiscal Years commencing July 1, 2021, and ending June 30, 2021, and commencing July 1, 2022, and ending June 30, 2023, was submitted to the City Council and is on file with the Director of Administrative Services; and WHEREAS, proceedings for adoption of said Budget have been duly taken; and WHEREAS, total Capital Improvement Program Expenditures for FY 2021-22 are $2,821,268; and WHEREAS, total Capital Improvement Program Expenditures for FY 2022-23 are $9,989,159. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF ARROYO GRANDE DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. The Capital Improvement Program Budget is adopted for the City of Arroyo Grande for the Fiscal Years commencing July 1, 2021, and ending June 30, 2021, and commencing July 1, 2022, and ending June 30, 2023. SECTION 2. At the close of each Fiscal Year, unexpended appropriations in the Operating Budget will be carried forward to the next fiscal year as necessary to underwrite the expense of outstanding purchase commitments. Unexpended appropriations for authorized, but uncompleted projects as approved by the City Council may be carried forward to the next succeeding Budget upon recommendation by the Administrative Services Director and approval of the City Manager. On motion of Mayor Ray Russom, seconded by Council Member Paulding, and on the following roll call vote, to wit: AYES: Mayor Ray Russom, Council Members Paulding, Barneich, Storton, and George NOES: None ABSENT: None the foregoing Resolution was passed and adopted this 8th day of June, 2021. RESOLUTION NO.60°W PAGE 2 1 CAREN RAY .3p. OM, MAYOR ATTEST: 'SSICA MATSON, CITY CLERK APPROVED AS TO CONTENT: L&24[ % etS WHITNEY M« ONALD, CITY MANAGER APPROVED AS TO FORM: TIMO '` Y J. CARMEL, CITY ATTORNEY OFFICIAL CERTIFICATION I, JESSICA MATSON, City Clerk of the City of Arroyo Grande, County of San Luis Obispo, State of California, do hereby certify under penalty of perjury, that the attached Resolution No. 5090 was passed and adopted at a regular meeting of the City Council of the City of Arroyo Grande on the 8th day of June, 2021. WITNESS my hand and the Seal of the City of Arroyo Grande affixed this 17th day of June, 2021. SSICA MATSON, CITY CLERK