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HomeMy WebLinkAboutResolution No. 97-R460 0 RESOLUTION NO. 97—R46 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA APPROVING APPROPRIATION AMENDMENTS FOR FISCAL YEAR 1997-98 PURSUANT TO SECTION 2-450 OF THE AZUSA MUNICIPAL CODE WHEREAS, on August 4, 1997, the Board of Directors of the Redevelopment Agency of the City of Azusa ("Agency") passed Resolution No. 97-R30 adopting the Budget and approving the appropriations for the Agency for the fiscal year commencing July 1, 1997, and ending June 30, 1998, 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: ESTIMATED REVENUES 503 CBD Cap Proj Sales Proceeds -1080 Orange Ave/ROP Ph 1 Housing 7693 4810 Total Net Estimated Revenues: APPROPRIATIONS 509100 $17,500 Increase $17,5(0 AGGREGATE EFFECT: $37,975 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. AND ADOPTED tthis 15th day of September ,1997. 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 the15 day of September 1997, by the following vote of the Board: AYES: BOARD MEMBERS: HARDISON, STANFORD, ROCHA, BEEBE, MADRID NOES: BOARD MEMBERS: NONE ABSTAIN: BOARD MEMBERS: NONE ABSENT: BO EMBERS: NdN,� Secretary S Project �Incrcase Other Fund Description .' Mis...... ion Obiect Number (Decrease) - Comments .' 512 LIVf Set Aside Structures -Fence Construction -600 Cerritos Housing 7693 7130 507100 $15,000 Recl Object Code 512 UM Set Aside Prog Expns-Pence Conmc ion -600 Cerritos Housing 7693 6625 507100 ($15,000) Recl Object Code 512 VM Set Aside Structures -Fence Construction -600 Cerritos Housing 7693 7130 507100 $5,475 Increase Total Net Appropriatlow: $5,475 AGGREGATE EFFECT: $37,975 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. AND ADOPTED tthis 15th day of September ,1997. 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 the15 day of September 1997, by the following vote of the Board: AYES: BOARD MEMBERS: HARDISON, STANFORD, ROCHA, BEEBE, MADRID NOES: BOARD MEMBERS: NONE ABSTAIN: BOARD MEMBERS: NONE ABSENT: BO EMBERS: NdN,� Secretary