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HomeMy WebLinkAboutResolution No. 93-R340 0 RESOLUTION NO 93-R34 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA ADOPTING THE BUDGET AND APPROVING APPROPRIATIONS FOR THE REDEVELOPMENT AGENCY FOR FISCAL YEAR COMMENCING JULY 1, 1993 AND ENDING JUNE 30, 1994 THE BOARD OF DIRECTORS OF 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, 1993 and ending June 30, 1994, as prepared and submitted by the Executive Director 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 $19,007,770. A copy of said budget is hereby ordered filed in the office of the Secretary and shall be certified by the Secretary 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 and statutes of the State. Further, it is established that the Agency will not exceed its budget. SECTION 3. All appropriations in the 1992-93 budget of the Agency not expended or encumbered hereby expire and terminate, except for those appropriations expressly continued and carried forward "rebudgeted" into the budget for 1993-94. SECTION 4. The Redevelopment Agency of the City of Azusa does hereby direct that any unappropriated balance in the General Fund and the various funds, as appropriate, as of June 30, 1993, shall be automatically appropriated into the Contingency Fund therein. SECTION 5. Pursuant to Government Code 37208, warrants drawn in payment certified or approved by the Secretary as conforming to a budget approved by ordinance of the Agency need not be audited by the Agency prior to payment. Budgeted demands paid by warrant prior to audit by the Agency shall he presented to the Agency for ratification and approval at the first meeting after delivery of the warrants. SECTION 6. The Secretary shall certify to the adoption of this resolution. ADOPTED AND APPROVED this 6th day of JULY, 1993 NEW I W 111 I Wl' CHAIRMAN I HEREBY CERTIFY that the foregoing Resolution No. 93-R34 was duly adopted by the Board of Directors of the Redevelopment Agency of the City of Azusa at a meeting thereof held on the 6th day of JULY 1993, by the following vote of the Agency: AYES: DIRECTORS: DANGLEIS, MADRID, NARANJO, MOSES NOES: DIRECTORS: ALEXANDER ABSENT: DIRECTORS: NONE ARY 1 U