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a single family residence now, the City would require the property owner to build half the road. Then the City would make demand on Mr. McGuire to build the other half. Ms. Michelotti asked why the property owner would not be required to build the road and then get reimbursed. She said she agreed with the way the specific plan should move forward. She wanted to know where the best place was to put the road to accommodate everyone. The roll call vote was as follows: AYES: Councilmembers - Ayala, Dennis, Michelotti, Pico, and Mayor Tarver. NOES: None ABSENT: None ABSTAIN: None Item 6e Second Ouarter 1996-97 Financial Report ~nd MidyeBr Review, (SR97:110) Sue Rossi presented the staff report. Mayor Tarvet asked for staff to explain the increase in expenditure projections by $892,3 14. Ms. Rossi said it was due to road grants. It was moved by Mr. Pico, and seconded by Ms. Michelotti, to adopt Resolution No. 97-30(a) to amend the Operating Budget, as outlined in appendix B, to reflect: an increase in revenue projections by $4,279,289 from $68,564,767 to $72,844,056; an increase in expenditure appropriations by $797,131 from $64,322,428 to $65,119,559; and a net decrease in transfers-in by $1,585 and (b) to amend the Capital Improvement Budget, as detailed in Tables 1-5 in appendix E, to reflect: an increase in revenue projections by $1,335,929; an increase in expenditure appropriations by $892,314; and a net decrease in transfers-out by $1,585. The r011 ¢all vote was as follOwS: AYES: Councilmembers - Ayala, Dennis, Michelotti, Pico, and Mayor Tarver. NOES: None ABSENT: None ABSTAIN: None Item 6f Tri-Va!lev Subregional Development Fee. (SR97:87) This item was continued to April 15, 1997. City Council 04/01/97 Minutes 19