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HomeMy WebLinkAboutResolution No. 97-R10RESOLUTION NO. 97-R10 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 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: Fund Object Project Increase Fund Description Description/Comments Division Object Number (Decrease) APPROPRIATIONS 501 Administration Publications/Other 6100 6509 $500 501 Administration Postage 6100 6518 ($550) 501 Administration Film/Processing 6100 6524 $50 $0 503 CBD Cap Proj Appraisal/Block 36 6400 6325 505707 $1,800 503 CBD Cap Proj Appraisal/Block 36 6400 6325 505709 $10,200 503 CBD Cap Proj Prof Svcs/Block 36 6400 6399 505707 $2,200 503 CBD Cap Proj Prof Svcs/Block 36 6400 6399 505709 $10,000 503 CBD Cap Proj Prop Tax/Chano's Acqn 6400 7015 504701 $650 503 CBD Cap Proj Acqn/Chano's-Reclass Fnd 6400 7105 504701 ($114,490) ($89,640) 512 20% Set Aside Legal Fees/918 N Azusa 6200 6301 508500 $660 512 20% Set Aside Program Consultant-Hsg Reh 6200 6345 505300 $12,000 512 20% Set Aside Program Consultant -HOME 6200 6345 505302 ($12,000) 512 20% Set Aside Prog Expnse/918 N Azusa 6200 6625 508500 ($1,000) 512 20% Set Aside Land Disposal/918 N Azusa 6200 7115 508500 $2,920 $2,580 519 Rch Ctr Dbt Svc Program Expenses/LACO Fees 6300 6625 $160 721 94 Mrgd TAB Legal Fees/Comm Rehab 6395 6301 506000 $3,500 721 94 Mrgd TAB Program Consult -Comm Reh 6395 6345 506000 ($3,500) 721 94 Mrgd TAB Acqn/Chano's-Reclass Fnd 6395 7105 504701 $112,130 $112,130 Net Effect: $25,230 AGGREGATE EFFECT: $158,480 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 17th day of March 1996. 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 17th day of March , 1996 by the following vote of the Board: AYES: BOARDMEMBERS: Hardison, Stanford,Rocha, Beebe, Madrid NOES: BOARDMEMBERS: None ABSTAIN: BOARDMEMBERS: None ABSENT: BOARDMEMBERS: None � / L I e t r ,\Vpm%.m