City of Albuquerque
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File #: R-21-172   
Type: Resolution Status: In Council - Final Action
File created: 6/7/2021 In control: Finance & Government Operations Committee
Final action:
Enactment date: Enactment #:
Title: Amending The Adopted Capital Implementation Program Of The City Of Albuquerque By Supplementing Current Appropriations (Davis, by request)
Attachments: 1. R-172

CITY of ALBUQUERQUE

TWENTY FOURTH COUNCIL

 

 

COUNCIL BILL NO.           R-21-172              ENACTMENT NO.   ________________________

 

SPONSORED BY:                     Pat Davis, by request

 

 

RESOLUTION

title

Amending The Adopted Capital Implementation Program Of The City Of Albuquerque By Supplementing Current Appropriations (Davis, by request)

body

                     WHEREAS, additional appropriations are needed for the Department of Arts and Culture/Library purpose; and

                     WHEREAS, Miscellaneous Revenues now need to be appropriated; and

                     WHEREAS, the appropriations of these funds to projects within their respective purposes are timely and necessary for the City to serve its citizens.

BE IT RESOLVED BY THE COUNCIL, THE GOVERNING BODY OF THE CITY OF ALBUQUERQUE:

Section 1.                       That the appropriations are hereby made and/or changed and that increases in Miscellaneous Revenue for activities/projects are transfers of revenues from Bernalillo County Bonds to the specific projects as indicated.

                                                                                                                                                                                                                                         Increase

Department                                                                                                         Source                                                                (Decrease)

Arts & Culture/Library

International District Library (7559120)                     Miscellaneous Revenue                            500,000

Library Materials                                                                                                         Miscellaneous Revenue                         1,750,000

International District Library

Community Room                                                                                    Miscellaneous Revenue                              80,000

Section 2.                       That the following interest is hereby appropriated

Library Bond Interest                                                                                    Miscellaneous Revenue                               31,691                     

Section 3.                       That in the event these contributions are received, upon execution of an agreement between parties, the amounts indicated above will be appropriated in their respective fund, with the provision that the amounts will be adjusted to reflect actual Federal, State and/or private contribution participation.