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HomeMy WebLinkAboutResolution No. 95-R21RESOLUTION NO. 95-R21 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA APPROVING APPROPRIATION AMENDMENTS FOR FISCAL YEAR 1994-95 PURSUANT TO SECTION 2450 OF THE AZUSA MUNICIPAL CODE WHEREAS, on July 5, 1994 the Board of Directors of the Redevelopment Agency of the City of Azusa passed Resolution No. 94-1135 adopting the Budget and approving appropriations for the Redevelopment Agency for the fiscal year commencing July 1, 1994 and ending June 30, 1995; and, WHEREAS, Section 2450 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 ect Project Increase Fund Description Description Divlslon Object Number (Decrease) Comments 501 Admin Mtgs & Conventions 6100 6235 800 Increase Appr 501 Admin Legal Fees 6100 6301 (1,400) Decrease Appr 501 Admin Rent 6100 6810 600 Increase Appr Total Admin Fund (501) Increase (Decrease): 0 503 CBD Cap Pd Legal Fees -Mission Chrysler 6400 6301 5Q4700 (75,000) Recl Fund 503 CBD Cap Prj Appralsal-Mission Chrysler 6400 6325 504700 (5,000) Recl Fund 503 CBD Cap Prj Prog Expns-Mission Chrysler 6400 6625 504700 (10,000) Recl Fund Total CBD Capital Project Fund (503) Increase (Decrease): (90,000) 512 20% Set Aside Prop Tax Relmb-CBD-1 6200 4799 501201 (195,850) Increase Rev 512 20% Set Aside Legal Fees -CBD -1 6200 6301 501201 4,000 Increase Appr 512 20%Set Aside Rehab-Peregrinos 6200 6650 507900 (92,985) Recl Object 512 20% Set Aside Prop Tax -CBD -1 6200 7015 501201 195,850 Increase Appr 512 20% Set Aside Land Aogn-Peregrinos 6200 7105 507900 92,985 Red Object Total 20% Set Aside Low/Mod Fund (512) Increase (Decrease): 4,000 704 92 Wild TAB Legal Fees-Misslon Chrysler 6392 6301 504700 75,000 Red Fund 704 92 Mrgd TAB Legal Fees -Comm Rehab 6392 6301 506000 10,000 Increase Appr 704 92 Mrgd TAB Appraisal-Mlsslon Chrysler 6392 6325 504700 5,000 Recl Fund 704 92 Mrgd TAB Prog Expos-Mlsslon Chrysler 6392 6625 504700 16,040 Red Fund 704 92 Mrgd TAB Structures -600 San Gabriel 6392 7130 506700 15,000 Adjustment Total 1992 Merged T.A. Bond Fund (704) Increase (Decreess): 121,040 721 94 Mrgd TAB Legal Fees -628 Azusa 6395 6301 505700 800 Adjustment 721 94 Mrgd TAB Fiscal Agent Fees 6395 6320 2,500 Increase Appr Total 1994 Merged T.A. Bond Fund (721) Increase (Decrease): 3,300 Grand Total Fund Increase (Decrease): 38,340 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 3rd CHAIRMAN dayof April 1995. 0 0 I 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 3rd day of APRIL , 1995 by the following vote of the Board: AYES: BOARDMEMBERS: HARDISON, MADRID, NARANJO, BEEBE, ALEXANDER NOES: BOARDMEMBERS: NONE ABSTAIN: BOARDMEMBERS: NONE ABSENT: BOARDMEMBERS: NONE e ASe retary