HomeMy WebLinkAboutResolution No. 94-R350 0
RESOLUTION NO 94-1135
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, 1994 AND ENDING JUNE 30, 1995
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, 1994 and ending June 30, 1995, 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 $19,995,140. 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 1993-94 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 1994-95.
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,
1994, 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 be 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 5TH day of JULY, 1994.
CHAIRMAN
I HEREBY CERTIFY that the foregoing Resolution No. 94-R35 was duly adopted by the
Board of Directors of the Redevelopment Agency of the City of Azusa at a meeting thereof held
on the 5TH day of JULY 1994, by the following vote of the Agency:
AYES DIRECTORS: HARDISON, MADRID, NARANJO, BEEBE
NOES DIRECTORS: ALEXANDER
ABSENT DIRECTORS: