HomeMy WebLinkAboutResolution No. 05-R210 0
RESOLUTION NOL 05.821
ARESOLUTTONOF THE BOARDOF DIRECTORS OF THE REDEVELOPIIENTAGENCY
OF THE CITY OF AZUSA ADOPTING THE OPERATING BUDGET AND APPROVING
APPROPRIATIONS FOR THE REDEVELOPkIENT AGENCY FOR THE. FISCAL YEAR
COiW&NCING JULY 1, 2005 AND ENDING JUNE 30, 2006
THE BOARDOF DIRECTORS OF THE REDEVELOPIIIENTAGENCY OF THE CITY OF AZUSA
DOES RESOLVE AS FOLLOWS:
SECTION 1. The operating budget for the Redevelopment Agency of the City of
Azusa 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 budget of the Redevelopment Agency of
the City of Azusa for said fiscal year in the amount of $10,839,390. A copy of said 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 Z. From the effective date of said 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 budget of the Agency not
expended or encumbered hereby expire and terminate, except for those appropriations
expressly continued and carried forward ("rebudgeted") into the budget for 2005-2006.
SECTION 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.
ADOPTED AND APPROVED this 51h day of July, 2005.
cliAMA 4N
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1 HEREBY CERTIFY that the foregoing Resolution No. 05-R21 was duly adopted by the
Board of Directors of the Redevelopment Agency of the City of Azusa at a meeting
thereof held on the 5"' day of July, 2005, by the following vote of the Agency:
AYES
: DIRECTORS: HARDISON, CARRIlQ; ROCH%, HANKS, CHAGNON
NOES
: DIRECTORS: NONE
ABSTAIN
: DIRECTORS: NONE
ABSENT
: DIRECTORS: NONE
SECRETARY
I..