File #: Res 1744-2008    Version: * Name: M 1260 - Submitting a Capital Budget modification for Fiscal Year 2009 to transfer funds between various agencies.
Type: Resolution Status: Adopted
Committee: Committee on Finance
On agenda: 12/18/2008
Enactment date: Law number:
Title: RESOLUTION APPROVING THE MODIFICATION OF THE FISCAL 2009 CAPITAL BUDGET AND THE CAPITAL PROGRAM PROPOSED BY THE MAYOR PURSUANT TO SECTION 216 OF THE CHARTER OF THE CITY OF NEW YORK.
Sponsors: David I. Weprin
Council Member Sponsors: 1
Attachments: 1. Press Release, 2. Committee Report, 3. Memorandum, 4. Completed File, 5. Hearing Transcript - Stated Meeting 12/18/08

Res. No. 1260

 

RESOLUTION APPROVING THE MODIFICATION OF THE FISCAL 2009 CAPITAL BUDGET AND THE CAPITAL PROGRAM PROPOSED BY THE MAYOR PURSUANT TO SECTION 216 OF THE CHARTER OF THE CITY OF NEW YORK.

 

By Council Member Weprin

 

                     Whereas, at a meeting of the Committee on Finance of the City Council of the City of New York (the "City Council") on December 18, 2008, the Committee on Finance received a communication, dated December 17, 2008, from the Office of Management and Budget of the Mayor of The City of New York (the "Mayor"), of a proposed request, attached hereto as Exhibit A (the "Modification"), to modify the fiscal year 2009 capital budget and the Capital Program as adopted by the Council on June 29, 2008, pursuant to Section 216 of the Charter of the City of New York (the "Charter"); and

 

                     Whereas, pursuant to Section 216 of the Charter, upon receipt of a recommendation from the mayor or a Borough President, the City Council may amend the capital budget or capital program in the manner provided in such section;

 

                     NOW, THEREFORE, The Council of The City of New York hereby resolves as follows:

 

1.  Approval of Modification.  The City Council hereby approves, pursuant to Section 216 of the Charter, the actions proposed by the Mayor as set forth in the Modification.

 

                     2.  Effective Date.  This resolution shall take effect as of the date hereof.

 

 

I hereby certify that the foregoing is a true and complete copy of a resolution adopted by The Council of The City of New York on December 18, 2008 on file in this office.

 

 

                                                                                                                                                                                            

Clerk of The Council of The City of New York