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HomeMy WebLinkAboutResolution No. 203RESOLUTION NUMBER 203 A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA ADOPTING THE BUDGET AND APPROVING APPROPRIATIONS FOR THE FISCAL YEAR COMMENCING JULY 1, 1985, AND ENDING JUNE 30, 1986 THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA DOES RESOLVE AS FOLLOWS: SECTION 1. The budget for the Redevelopment Agency of the City of Azusa for the fiscal year commencing July 1, 1985, and ending June 30, 1986, as prepared and submitted by the City Administrator and as modified by the Redevelopment Agency, is hereby approved and adopted as the budget of the Redevelopment Agency of the City of Azusa for said fiscal year in the amount of $21,765,621. A copy of said budget is hereby ordered filed in the office of the City Clerk and shall be certified by the City Clerk as having been adopted by this resolution. SECTION 2. From the effective date of said budget, the several amounts stated therein as proposed expenditures shall be and become appropriated to the respective objects and purposes therein set forth for the Agency subject to expenditure pursuant to the provisions of all applicable ordinances of the Agency statutes of the State. SECTION 3. All appropriations in the 1984-85 budget of the Agency not expended or encumbered hereby expire and terminate, except for those appropriations expressly continued and carried forward into the budget for 1985-86. SECTION 4. Amounts appropriated to any account for any object or purpose may be transferred to a different account for the same general purpose within the department or activity upon recommendation by the Treasurer of the Agency and approval by the Executive Director. SECTION 5. The Executive Director is authorized to make such changes in department operating budget totals during the 1985-86 fiscal year as he may, from time to time, deem desirable and necessary in order to meet the Agency's needs. SECTION 6. The Redevelopment Agency of the City of Azusa does hereby direct that any unappropriated balance in the General Fund as of June 30, 1985, shall be automatically appropriated into the Contingency Fund. SECTION 7. That the Secretary shall certify to the adoption of this resolution. J,aAcli T. ;if i CHAIRMAN I HEREBY CERTIFY that the foregoing resolution was duly adopted by the Redevelopment Agency of the City of Azusa at a regular meeting thereof held on 15th day of July 1985, by the following vote of the Agency: AYES: DIRECTORS: CRUZ COOK CAMARENA, MOSES NOES: DIRECTORS: NONE ABSENT: DIRECTORS: LATTA SECRET Y