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HomeMy WebLinkAboutResolution No. 96-R34i RESOLUTION NO. 96-R34 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: Division Obiect Number 512 20% Set Aside Legal Fees -Radford Loan 6200 6301 508000 $5,000 Inaease Budget 512 20% Set Aside Misc Program Expns-Radford Lc 6200 6625 508000 $700 Inaease Budget 512 20% Set Aside Misc/Radford Loan-Demo/Asb 6200 7099 508000 $75,000 Inaease Budget OVERALL NET INCREASE (DECREASE): $80,700 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 15th day of July 1996. �. C AIRMAN 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 15thday of July 1996 by the following vote of the Board: AYES: NOES: ABSTAIN: ABSENT: �_414) Secretary r.4sppto96.M BOARDMEMBERS: HARDISON, MADRID, NARANJO, BEEBE, ALEXANDER BOARDMEMBERS: NONE BOARDMEMBERS: NONE T BERS: NONE