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Home My WebLink AboutResolution No. 97-R18i • RESOLUTION NO. 97—R18 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 505 WED Cap Proj Misc Revenue/Price Club 6400 4899 503303 $50,150 APPROPRIATIONS 501 Administration Prof Svcs/Int Redev Dir 6100 6399 502801 $22,450 721 503 CBD Cap Proj Legal Fees/Concept Dwntn 6400 6301 502900 ($3,000) 503 CBD Cap Proj Legal Fees/Chanos 6400 6301 504701 $1,250 503 CBD Cap Proj Architect/Concept Dwntn 6400 6305 502900 ($55,000) 503 CBD Cap Proj Engineering/Concept Dwn 6400 6310 502900 ($50,000) 503 CBD Cap Proj Prof Svcs/F & E/Krems Site 6400 6399 501300 $3,000 503 CBD Cap Proj Prof Svcs/Concept Dwntn 6400 6399 502900 ($41,000) 503 CBD Cap Proj Prof Svcs/Mission Chrysler 6400 6399 504700 ($10,000) 503 CBD Cap Proj Advertising/Mission Chrys 6400 6601 504700 ($5,000) 503 CBD Cap Proj Prog Expns/Misc-Krems 6400 6625 501300 ($3,000) 503 CBD Cap Proj Prog Expns/Mission Chrys 6400 6625 504700 ($4,000) 503 CBD Cap Proj Relocation/Krems Site 6400 6645 501300 $11,000 503 CBD Cap Proj Prop Tax/Mission Chrys 6400 7015 504700 ($1,580) 503 CBD Cap Proj Misc/Concept Dwntn 6400 7099 502900 ($70,000) 503 CBD Cap Proj Acqn-F & E/Krems Site 6400 7105 501300 $43,990 503 CBD Cap Proj Land Prep/Krems Site 6400 7110 501300 ($42,000) 503 CBD Cap Proj Land Prep/Concept Dwntn 6400 7110 502900 ($30,000) 503 CBD Cap Proj Structures/Concept Dwntn 6400 7130 502900 ($90,000) ($345,340) 505 WED Cap Proj Legal Svcs/Price Club 6400 6301 503303 $2,500 511 Misc Low Mod Land Acqn/ROP House 6200 7105 509100 ($68,000) 512 20% Set Aside Prog Expns-600 Cerritos 6200 6625 507100 $7,500 512 20% Set Aside Maint-918 N Azusa 6200 6815 508500 $130 512 20% Set Aside Int D/S-Casden L & W 6200 7001 $114,710 512 20% Set Aside Pro D/S-Casden L & W 6200 7005 $44,060 512 20% Set Aside Property Tax -Harlan Lee 6200 7015 501201 $1,090 512 20% Set Aside Misc/Silent 2nds-H Lee 6200 7099 501201 ($78,065) 512 20% Set Aside Land Disposal -918 N Azusa 6200 7115 508500 ($110) $89,315 721 94 TAB Cap Proj Prog Expns/Misc 6395 6625 502801 $800 721 94 TAB Cap Proj Prog Expns/Misc-Mktg 6395 6625 504800 ($5,000) 721 94 TAB Cap Proj Prof Svcs/Mktg 6395 6625 504800 $5,000 721 94 TAB Cap Proj Land Prep/Krems Asbestos 6395 7110 501300 $42,000 $42,800 TOTAL APPROPRIATIONS: ($256,275) AGGREGATE EFFECT OF THIS AMENDMENT: $855,275 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 5th CHAT N day of May 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 5th day of May , 1997 by the following vote of the Board: AYES: BOARDMEMBERS: Hardison, Stan ford, Rocha, Beebe, Madrid NOES: BOARDMEMBERS: None ABSTAIN: BOARDMEMBERS: None ABSENT:BOARDMEV ERS: one ecretary rckeWpp�n9R.rt,