HomeMy WebLinkAboutResolution No. 95-R33RESOLUTION NO 95-R33
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, 1995 AND ENDING JUNE 30, 1996
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, 1995 and ending June 30, 1996, 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
$12,168,390. 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 1994-95 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 1995-96
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,
1995, 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 20th day of June, 1995.
CHAIRMAN
I HEREBY CERTIFY that the foregoing Resolution No. 95-R33 was duly adopted by the Board
of Directors of the Redevelopment Agency of the City of Azusa at a meeting thereof held on the 20th
day of June, 1995, by the following vote of the Agency:
AYES DIRECTORS: HARDISON, MADRID, NARANJO, BEEBE, ALEXANDER
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