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R 5299 RESOLUTION NO. 5299 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARROYO GRANDE ADOPTING THE FISCAL YEAR 2023- 2025 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 Year commencing July 1, 2023, and ending June 30, 2024, and commencing July 1, 2024, and ending June 30, 2025, 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 2023-24 are $7,079,557; and WHEREAS, total Capital Improvement Program Expenditures for FY 2024-25 are $16,730,523. 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, 2023, and ending June 30, 2024, and commencing July 1, 2024, and ending June 30, 2025. SECTION 2. At the close of each Fiscal Year, unexpended appropriations in the Capital Improvement Program 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 Council Member George, seconded by Council Member Secrest, and on the following roll call vote, to wit: AYES: Council Members George, Secrest, Guthrie, Barneich, and Mayor Ray Russom NOES: None ABSENT: None the foregoing Resolution was passed and adopted this 27th day of June, 2023. RESOLUTION NO. PAGE 2 1 ; t r� CARE - Y Rrl1S`•M, MAYOR ATTEST: JESSICA MATSON, CITY CLERK APPROVED AS TO CONTENT: 1 � WHITNEY MODONALD, CITY MANAGER APPROVED AS TO FORM: ISAAC ROS , CITY ATTORNEY OFFICIAL CERTIFICATION I, SARAH LANSBURGH, Deputy 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. 5299 was passed and adopted at a regular meeting of the City Council of the City of Arroyo Grande on the 27th day of June, 2023. WITNESS my hand and the Seal of the City of Arroyo Grande affixed this 29th day of June, 2023. • 4 SARAH LA URGH 41► PUTY CITY CLERK