HomeMy WebLinkAboutResolution No. 96-R530 0
RESOLUTION NO. 96-R53
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 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/Comments
Division Object Number
(Decrease)
ESTIMATED REVENUES
503
CBD Cap Prj
Rent -634 N Azusa -Delgado
6400
512
20% Set Aside
Property Sales -918 Azusa
6200
APPROPRIATIONS
4419 505702 $4,340
4810 508500 $103,000
Net Effect: $107,340
501
Admin
Printing/Dupl/Binding-Newsletter
6100
6539
$500
503
CBD Cap Prj
Legal Fees -236 Azusa Acqn
6400
6301
504701
$750
503
CBD Cap Prj
Legal Fees -Delgado Rental Agrmt
6400
6301
505702
$200
503
CBD Cap Prj
Program Expense -236 Azusa Acqn
6400
6625
504701
$250
503
CBD Cap Prj
Program Expense -630 Az -Doors, Misc.
6400
6625
505703
$1,200
Subtotal:
$2,400
505
WED Cap Prj
Legal Fees -777 Georgia -Digital
6400
6301
508201
$2,000
505
WED Cap Prj
Program Expense -777 Georgia -Digital
6400
6625
508201
$1,000
505
WED Cap Prj
Tax/Property-777 Georgia -Digital
P400
7015
508201
$3,450
505
WED Cap Prj
Land Disposal Exp -777 Georgia -Digital
6400
7115
508201 ($6,450)
Subtotal:
$0
507
RCH Cap Prj
Professional Svcs-Rch Ctr Assignment
6400
6399
504500
$2,550
512
20% Set Aside
Misc Cap Outlay -ROP Hsg-Silent 2nds
6200
7099
509100
($15,000)
512
20% Set Aside
Land Disposal Costs -918 Azusa
6200
7115
508500
$7,820
Subtotal:
($7,180)
721
94 Mrg TAB
Legal Fees -ROP Hsg Project
6395
6301
509100
$2,500
721
94 Mrg TAB
Program Expense -ROP Hsg Project
6395
6625
509100
$1,500
721
94 Mrg TAB
Construction -ROP Hsg Project
6395
7120
509100
$30,000
Subtotal:
$34.000
Net Effect:
$32,270
AGGREGATE EFFECT: $175,060
0 0
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 7th
day of October 1996.
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 7th day of October , 1996 by the following vote of the Board:
AYES: BOARDMEMBERS: HARDISON, MADRID, NARANJO, BEEBE, ALEXANDER
NOES: BOARDMEMBERS: NONE
ABSTAIN: BOARDMEMBERS: NONE
ABSENT: BOARDMEMBERS: ONE
Secretary
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