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HomeMy WebLinkAboutResolution No. 97-R39C] RESOLUTION NO. 97—R39 0 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 ofthe 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 I, 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 512 1 J Set Aside HOME Program Admin Subsidies Housing 7693 4899 Total Net Estimated Revenues: APPROPRIATIONS 503 CBD Cap Proj Appraisal -638 Azusa/Padilla 503 CBD Cap Proj Appmisal-100 FthlVPawn Shop 503 CBD Cap Proj Acgn/Reloen Consultams-638 Azusa/Padilla 503 CBD Cap Proj AcgnlRelmn Consultants -100 FthlV`Pawn Shop 503 CBD Cap Proj Land Acgn Expense -Krems Site 503 CBI) Cap Proj Land Prep Expense -Krems Site 512 L/M Set Aside Legal Svcs -Fence -600 Cerritos 512 IJM Set Aside Prog Consultant -HOME Program 512 UM Set Aside Prog Expns-Fence Construction -600 Cerritos 721 94 Mrgd TAB Bldgs/Constr-ROP-1040 Orange SlumBlight 7691 6325 SlumBlight 7691 6325 SlumBlight 7691 6399 SlumBlight 7691 6399 SlumBlight 7691 7105 S1umBlight 7691 7110 Total 503 CBD Capital Project Fund: Housing 7693 6301 Housing 7693 6345 Housing 7693 6625 Total 512 Low/Mod Set Aside Fund: Housing 7693 7120 Total Net Appropriations: AGGREGATE EFFECT: $5,149,610 505302 $6,250 Increase $4,580,960 505707 S1,800 Re -budgeted 505709 $10,200 Re -budgeted 505707 S2,200 Re -budgeted 505709 510,000 Rc-budgeted 501300 S4,994,710 Re -budgeted 501300 S24,650 Re -budgeted 55,043,560 507100 51,500 Increase 505302 S24,500 Increase 507100 S7,500 Increase S33,500 509100 $72,550 Re -budgeted 55,149,610 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. APPROVED AND ADOPTED this 18th day of August , 1997. (Chairman U.�xTToc troz¢eiawwavvw�wmun.,me 9 0 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 18 day of Augus t 1997, by the following vote of the Board: AYES: BOARD MEMBERS: Hardison, Stanf ord, Rocha, Beebe, Madrid NOES: BOARD MEMBERS: None ABSTAIN: BOARD MEMBERS: None ABSENT:, BOARD MEMBERS: Npe Secretary U\�IX.`4UPAR40NOQlOAI\� Pd