HomeMy WebLinkAboutResolution No. 97-R130 0
RESOLUTION NO. 97—R13
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)
REVENUES
503 CBD Cap Proj Loan from Light Fund/Krems 6400 4842 501300 $722,355
APPROPRIATIONS
503 CBD Cap Proj Increase Purchase Price/Krems 6400 7105 501300 $434,710
Net Effect: $287,645
AGGREGATE EFFECT:
$722,355
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 7th
U
dayof April 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 the 7th day of April , 1997 by the following vote of the Board:
AYES: BOARDMEMBERS: HARDISON, STANFORD, ROCHA, BEEBE, MADRID
NOES: BOARDMEMBERS:
ABSTAIN: BOARDMEMBERS:
ABSENT: BOARDME
Sec
ary
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