HomeMy WebLinkAboutResolution No. 95-R160
RESOLUTION NO. 95- R 16
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 Julv 5, 1994 the Board of Directors of the Redevelopment Agency of the
City of Azusa passed Resolution No. 94-R35 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 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 Object Project Increase
Fund Description Description Division Object Number (Decrease) Comments
503 Cap ProJ-C8D
Relocn Loan -502 E Foothill 6400 6645 508600
50,000 Add
503 Cap ProJ-CBD
Lease Expns-Mission Chrysler 6400 6810 504700
7,000 Add
503 Cap ProJ-CBD
Site Prep -Mission Chrysler 6400 7110 504700
40,000 Add
Total Fund Appropriation Increase (Decrease):
97,000
512
20% Set Aside
Sales Proceeds -918 N Azusa
512
20% Set Aside
Prog Expenses -918 N Azusa
512
20% Set Aside
Relocn-Krem's Site
512
20% Set Aside
Rehabilitation -918 N Azusa
512
20% Set Aside
Property Taxes -918 N Azusa
512
20% Set Aside
Land Acgn-918 N Azusa
Add
Total Fund Appropriation Increase (Decrease):
704 Mrg TAB Legal Fees -502 E Foothill
704 Mrg TAB Prog Expn-502 E Foothill
Total Fund Appropriation Increase (Decrease):
Grand Total Fund Increase (Decrease):
6200
4810
508500
(135,000) Add
6200
6625
508500
500
Add
6200
6645
501300
(60,000)
Decrease
6200
6650
508500
30,000
Add
6200
7015
508500
525
Add
6200
7105
508500
98,500
Add
(65,475)
6392
6301
508600
5,000
Add
6392
6625
508600
500
Add
5,500
37,025
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 20 day of March 1995.
CHAIRMAN
0
L
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 20 day of March , 1995 by the following vote of the Board:
AYES: BOARDMEMBERS: HARDISON, MADRID, NARANJO, BEEBE, ALEXANDER
NOES: BOARDMEMBERS: NONE
ABSTAIN: BOARDMEMBERS: NONE
ABSENT:
BOARDMEMBERS:
NONE