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Resolution No. 98-38 CITY OF TIGARD,OREGON RESOLUTION NO.98- :�S A RESOLUTION APPROVING BUDGET ADJUSTMENT#2 TO THE 1998/99 BUDGET FOR THE SUMMERLAKE PLAYGROUND PROJECT AND FOR A GRANT FOR THE COOK PARK BOAT FACIT mEs. WHIREAS, funds for the summerlake playground project were included in the 1997/98 budget but were not spent due to the delay in delivery cf the playground equipment. The 1998/99 budget did not anticipate the expenditure of$17,100 for the equipment which is now scheduled to arrive in July 1998,and, WHEREAS, The City was awarded a grant for the maintenance of the Cook Park boat facilities in the amount of$2,500 which was not anticipated in the 1998/99 adopted budget. NOW, THEREFORE, BE IT RESOLVED by the Tigard City Council that: the 1998/99 budget be adjusted to provide for the carryover of funds and for the grant as follows: SECTION 1: Appropriations in general capital projects are increased in the amount of$17,100 and in Parks Maintenance in the amount of$2,500. SECTION 2: General fund beginning fund balance is increased by$17,100 and state grant revenue in the general fund is recognized in the amount of$2,500. Ah MW PASSED: This day of 1998. Mayer 943,ofTigaW C3x=.l Pzvsiden —City of Tigard ATTEST: C,Uk�-e City Recorder-City of Tigard iAcitywidex a lutdut RESOLUTION NO.98-3q Page 1