HomeMy WebLinkAboutResolution No. 05-R260 0
RESOLUTION NO. 05-R26
A RESOLUTION OF THE MEMBERS OF THE REDEVELOPMENT AGENCY OF
THE CITY OF AZUSA ADOPTING THE FY 2006-2010 CAPITAL
IMPROVEMENT PROGRAM BUDGET AND APPROVING APPROPRIATIONS
FOR THE REDEVELOPMENT AGENCY FOR THE FISCAL YEAR
COMMENCING JULY 1, 2005 AND ENDING JUNE 30, 2006
THE BOARD OF DIRECTORS OF THE REDEVELOPMENT AGENCY OF THE CITY OF
AZUSA DOES RESOLVE AS FOLLOWS:
SECTION 1. The FY 2006-2010 Capital Improvement Program (CIP) budget for the
Redevelopment Agency of the City of Azusa with appropriations for the fiscal year
commencing July 1, 2005 and ending June 30, 2006, as prepared and submitted by the
Executive Director and as modified by the Redevelopment Agency, is hereby approved
and adopted as the CIP budget of the Redevelopment Agency of the City of Azusa for
said fiscal year in the amount of $4,634,740. A copy of said CIP budget is hereby
ordered filed in the office of the Secretary and shall be certified by the Secretary as
having been adopted by this resolution.
SECTION 2. From the effective date of said CIP budget, the several amounts stated
therein as proposed expenditures shall be and become appropriated to the respective
objects and purposes therein set forth for the Agency subject to expenditure pursuant to
the provisions of all applicable ordinances of the Agency and statutes of the State.
Further, it is established that the Agency will not exceed its budget.
SECTION 3. All appropriations in the 2004-2005 CIP budget of the Agency will be
continued and carried forward ("rolled over") into the budget for 2005-2006, except for
those appropriations expended, encumbered, or adjusted, or for projects terminated.
SECTION 4. Pursuant to Government Code 37208, warrants drawn in payment
certified or approved by the Secretary as conforming to a budget approved by ordinance
or resolution of the Agency need not be audited by the Agency prior to payment.
Budgeted demands paid by warrant prior to audit by the Agency shall be presented to the
Agency for ratification and approval at the first meeting after delivery of the warrants.
SECTION 5. The Secretary shall certify to the adoption of this resolution.
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ADOPTED AND APPROVED this I" day of August, 2005.
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1 HEREBY CERTIFY that the foregoing Resolution No. 05-R26 was duly adopted by the
Board of Directors of the Redevelopment Agency of the City of Azusa at a meeting
thereof held on the I" day of August, 2005, by the following vote of the Agency:
AYES:
AGENCY MEMBERS: HARDISON, CARRILLO, ROCHA, HANKS, CHAGNON
NOES:
AGENCY MEMBERS: NONE
ABSTAIN:
AGENCY MEMBERS: NONE
ABSENT:
AGENCY MEMBERS: NONE
SECRETARY
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