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R-17-04RESOLUTION NO. R-17-04 REAPPROPRIATION OF CAPTIAL PROJECT FUNDS TO FY 2017 WHEREAS, each year City staff presents to the City Council a list of capital projects with unobligated funds and a recommendation as to whether or not those funds should be reappropriated; and WHEREAS, this situation occurs when funds are appropriated, but as of the end of the fiscal year have not been either spent or obligated through the issuance of a purchase order; and WHEREAS, the estimated fund balance for the 2017 budget was based on the assumption that these funds would be reappropriated. NOW THEREFORE, IT IS HEREBY RESOLVED that the attached List of Capital Projects and Funds shall be reappropriated to FY 2017. Adopted this 140' day of February, 2017. Mayor Attest: City Clerk The vote on the motion to approve was recorded as follows: VOTE: Councilmember DeMarco Aye Councilman Greenfield Aye Councilmember Miller Aye Councilmember Schmidt Aye Councilmember Stehle Aye