HomeMy WebLinkAboutResolution No. 97-R220 0
RESOLUTION NO. 97-R22
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 Proj Adv frm City-L&W-Dwmn Plan 6400 4842 502900 ($350,000)
503 CBD Cap Proj Misc. Revenue -92 Taxable Bond 6400 4899 ($120,000)
NET AND NET AGGREGATE EFFECT: ($470,000)
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 2nd day of ,lune , 1997.
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 2nd day of June 1997 by the following vote of
the Board:
AYES: BOARDMEMBERS: HARDISON, STANFORD, ROCHA, BEEBE, MADRID
NOES: BOARDMEMBERS: NONE
ABSTAIN: BOARDMEMBERS: NONE
ABSENT: BOARDMEMBERS: NONE
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