HomeMy WebLinkAboutResolution No. 96-R590 0
RESOLUTION NO. 96—R59
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE
REDEVELOPMENT AGENCY OF THE CITY OF AZUSA APPROVING
APPROPRIATION AMENDMENTS FOR FISCAL YEAR 1996-97
PURSUANT TO SECTION 2-450 OF THE AZUSA MUNICIPAL CODE
WHEREAS, on July 1, 1996, the Board of Directors of the Redevelopment Agency of the
City of Azusa passed Resolution No. 96-R26 adopting the Budget and approving appropriations for
the Redevelopment Agency for the fiscal year commencing July 1, 1996, and ending June 30, 1997;
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
Object
Project
Increase
Fund Description
Description/Comments
Division Object Number
(Decrease)
APPROPRIATIONS
501
Admin
Salaries-Redev Dir
6100
6003
501
Admin
Benefits/Cafeteria-Redev Dir
6100
6175
501
Admin
Professional Svcs -Int Director
6100
6399
501
Admin
Postage
6100
6509
501
Admin
Prntg, Bndg, Duplicating
6100
6539
503 CBD Cap Proj Rent/Chano Lease Pmts
505 WED Cap Proj Legal Svcs/Bert's Motorcycle
505 WED Cap Proj Misc./Bert's Motorcycle Tax Repmts
516 CBD Dbt Svc Principal Prepayment -Delgado Loan
721 1994 Bonds Legal Svcs/Fwy. Reader Board
721 1994 Bonds Prof. Svcs/Misc. Mktg.
721 1994 Bonds Land Disposal Expnse-777 Georgia
AGGREGATE EFFECT:
6400
6810
6400
6301
6400
7099
($48,000)
($2,000)
$50,000
($500)
$500
$0
504701 ($24,840)
508700 $3,000
508700 ($3,000)
$0
6300 7005 505702 $18,000
6395 6301 504800 $5,000
6395 6399 504800 ($5,000)
6395 7115 508200 $156,320
$156,320
Net Effect: $149,480
$239,660
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.
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ADOPTED AND APPROVED this 18th day of November 1996.
,I111 �, ..
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 18th day of November , 1996 by the following vote of the Board:
AYES: BOARDMEMBERS: HARDISON, MADRID, NARANJO, BEEBE, ALEXANDER
NOES: BOARDMEMBERS: NONE
ABSTAIN: BOARDMEMBERS: NONE
ABSENT: BOARDMEMBERS: NONE
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