HomeMy WebLinkAboutResolution No. 98-R70 10
RESOLUTION NO. 98-R7
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 of the City of Azusa
("Agency") passed Resolution No. 97-R30 adopting the Budget and approving the appropriations far the Agency for the fiscal
year commencing July 1, 1997, and ending June 30, 1998; 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:
ESTIMATED REVENUES
Fund Description
Mission
Object Number
(Decrease)
505 Cap Proj Palo Site SaleNirginia Hardwoods
Econ Dev
Net Effect:
7692 4810 506500
$75,695
$75,695
APPROPRIATIONS
fund
Description
Mission
Object
Number
(Decrease)
501
Admin
CRA Mgr Salary Savings/Regular
Slum & Blight
7691
6003
($2,418)
501
Admin
CRA Mgr Salary Savings/Regular
Econ Dev
7692
6003
($217)
501
Admin
CRA Mgr Salary Savings/Regular
Housing
7693
6003
($155)
501
Admin
CRA Mgr Salary Savings/Regular
Debt Mgmt
7694
6003
($310)
501
Admin
Staff Salaries/Overtime
Slum & Blight
7691
6033
$2.418
501
Admin
Staff Salaries/Overtime
Econ Dev
7692
6033
$217
501
Admin
Slall'Salaries/Overtlme
Housing
7693
6033
$155
501
Admin
Staff Salarics/Overtime
Debt Mgmt
7694
6033
$310
503
Cap Proj
Maintfl,and-Pkg Crt
Slum & Blight
7691
6805
505400
$1,000
503
Cap Prgi
Maim/land-1 16 Azusa
Slum & Blight
7691
6805
505600
$1,320
503
Cap Prgi
Maim/Land-Block 36
Slum & Blight
7691
6805
505700
$5,000
503
Cap Prgi
Mainl/Land-4th/San Gabriel
Slum & Blight
7691
6805
$510
503
Cap Prgi
Land Prep -Block 36
Slum & Blight
7691
7110
505700
(55.000)
505
Cap Prgi
Deferred LnNirginia Hardwoods
Econ Dev
7692
7099
506500
S91,360
Net Effect: $941190
AGGREGATE EFFECT: $102,290
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.
2nd day of February '1998.
1 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 the2nd day ofFt-hru-
ary , 1998, by the following vote of the Board:
AYES: BOARD MEMBERS:
NOES: BOARD MEMBERS:
ABSTAIN: BOARD MEMBERS:
ABSENTi. BOARD MEMBERS:
Secretary
11\WPAIX.lCMA9KRACE AUp ,ava
HARDISON, STANFORD, ROCHA, BEEBE, MADRID
NONE