HomeMy WebLinkAboutResolution No. 99-R10• RESOLUTION NO. 99—R10 •
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE REDEVELOPMENT AGENCY OF THE CITY
OF AZUSA APPROVING APPROPRIATION AMENDMENTS FOR FISCAL YEAR 1998-99 PURSUANT TO
SECTION 2-450 OF THE AZUSA MUNICIPAL CODE
WHEREAS, on June 30, 1998, the Board of Directors of the Redevelopment Agency of the City of Azusa ("Agency")
passed Resolution No. 98-R44 adopting the Budget and approving the appropriations for the Agency for the fiscal year
commencing July I, 1998, and ending June 30, 1999; 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
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.
AND AD,9,PTED this 16th day of February 1999.
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 the 16th day of
February, 1999, by the following vote of the Board:
AYES:
WHEREAS, certain appropriation amendments are, in fact, required as detailed below:
NOES:
BOARD MEMBERS:
ABSTAIN:
BOARD MEMBERS:
ESTIMATED REVENUES
BOARD MEMBERS:
..0
roject
Increase
Fund
Description
Mission
Object
Number
(Decrease)
503
CUD Cap I'roi
Add Off-Sitc/Misc. Reimbursements -ROP -2
Housing
7693
4799
509300
519,730
Net Effect:
--TT7737—
APPROPRIATIONS
Sub-
Project
Increase
Fund
Description
Mission
Object
Number
(Decrease)
503
C13D Cap Proj
Carry -aver 97/98 ROP -2 Constr Costs
Housing
7693
7120
509300
S34,150
503
CUD Cap Proj
Increase ROP -2 Construction Costs
Housing
7693
7120
509300
$27,550
503
CUD Cap Proj
Increase ROP -2 Property Disposal Costs
Housing
7693
7115
509300
$2,180
505
WED Cap Proi
Appropriate Michael Powers Loan per OPA
Econ Dev
7692
7099
509500
$20.000
505
WED Cap Proi
Appropriate Michael Powers Loan-Lgl Svc
Econ Dev
7692
6301
509500
$1,500
505
WED Cap Proj
Appropriate Michael Powers Loan -Frog Exp
Econ Dev
7692
6625
509500
$300
Net Effect:
AGGREGATE EFFECT: $105,410
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.
AND AD,9,PTED this 16th day of February 1999.
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 the 16th day of
February, 1999, by the following vote of the Board:
AYES:
BOARD MEMBERS:
NOES:
BOARD MEMBERS:
ABSTAIN:
BOARD MEMBERS:
ABSENT:
BOARD MEMBERS:
Secretary
HARDISON, STANFORD, ROCHA, BEEBE, MADRID
NONE
NONE
NONE