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HomeMy WebLinkAboutResolution No. 06-R209 6 RESOLUTION NO. 06-R20 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA ADOPTING THE OPERATING BUDGET AND APPROVING APPROPRIATIONS FOR THE REDEVELOPMENT AGENCY FOR THE FISCAL YEAR COMMENCING JULY 1, 2006 AND ENDING JUNE 30, 2007 THE BOARD OF DIRECTORS OF THE REDEVELOPMENT AGENCY 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, 2006 and ending June 30, 2007, as prepared and submitted by the Executive Director, is hereby approved and adopted as the budget of the Redevelopment Agency of the City of Azusa for said fiscal year. 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 2. 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 2006-2007 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 2006-2007. 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 S. The Secretary shall certify to the adoption of this resolution. AD�( ETF PROVED this 19th day of June, 2006. CHAIRMAN 1 HEREBY CERTIFY that the foregoing Resolution No. 06-R20 was duly adopted by the Board of Directors of the Redevelopment Agency of the City of Azusa at a meeting thereof held on the 19`h day of June, 2006, by the following vote of the Agency: AYES: DIRECTORS: HARDISON, CARRILLO, ROCHA, HANKS, CHAGNON NOES: DIRECTORS: NONE ABSTAIN: I (RECTORS: NONE ABSENT: / DIRECTQ$S: NONE oowxvrt�x c�"ocu"exrsum sErnxca+.zv. usex+mesimowuxe m,mozaiaemen.00c