HomeMy WebLinkAboutResolution No. 95-R710 0
RESOLUTION NO. 95—R71
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE
REDEVELOPMENT AGENCY OF THE CITY OF AZUSA APPROVING
APPROPRIATION AMENDMENTS FOR FISCAL YEAR 1995-96 PURSUANT TO
SECTION 2-450 OF THE AZUSA MUNICIPAL CODE
WHEREAS; on June 20, 1995 the Board of Directors of the Redevelopment Agency of the City
of Azusa passed Resolution No. 95-R33 adopting the Budget and approving appropriations for the
Redevelopment Agency for the fiscal year commencing July 1, 1995 and ending June 30, 1996; and,
WHEREAS, Section 2-450 of the Azusa Municipal Code provides for the amendment of said
Budget, when required for the operation of the Agency and recommended by the Executive Director; and
WHEREAS, certain appropriation amendments are, in fact, required, as detailed below:
Fund
Fund
Description
Object
Description
Division
Object
Project Increase
Number (Decrease)
Comments
501
General Admin.
Salaries/Comp Time
6100
6012
$2,500
Increase Approp
501
General Admin.
Salaries/Overtime
6100
6033
$1,000
Increase Approp
501
General Admin.
Computer Svcs Allocation
6100
6425
$6,840
Increase Approp
Total Fund (501):
$10,340
507
Ranch Ctr Cap Prj
Misc. Cap. Outlay/Tenant Imp
6400
7099
504500
$120,986
Prior Yr Carry Over
512
20% Set Aside
Prog Consult-Hsg Prj Mgr
6200
6345
505300
($70,000)
Recl Project
512
20% Set Aside
Prog Consult -HOME Prj Mgr
6200
6345
505302
$10,000
Recl Project
Total Fund (512)
$0
519 Ranch Ctr Dbt Svc Interest Exp-Reclass Pmt 6300 7001 ($40,670) Reclass Object
519 Ranch Ctr Dbt Svc Prncpl Exp-Reclass Pmt 6300 7005 $40,670 Reclass Object
Total Fund (519) $0
TOTAL INCREASE (DECREASE) IN APPROPRIATIONS: $131,326
NOW, THEREFORE, BE IT RESOLVED, that the Board of Directors of the Redevelopment Agency
of the City of Azusa does hereby approve the foregoing Budget amendments and orders the same to be
recorded in the Agency's books of account and henceforth to be a part of said Budget as if adopted with
the original thereof.
ADOPTED AND APPROVED this 18th
CHAIRMAN
dav of December 1995
1 HEREBY CERTIFY that the foregoing Resolution was duly passed. approved, and adopted by the
Board of Directors of the Redevelopment Agency of the City of Azusa at a regular meeting thereof held
on the 18th day of December , 1995 by the following vote of the Board:
AYES: BOARDMEMBERS- HARDISON, MADRID, NARANJO, BEEBE, ALEXANDER
NOES: BOARDMEMBERS: NONE
ABSTAIN: BOARDMEMBERS: NONE
ABSENT: BOARDMEMBERS: ONE
Secretary
'n"ea 95. ,,