HomeMy WebLinkAboutResolution No. 08-R160 0
RESOLUTION NO. 08-R16
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA
APPROVING APPROPRIATION AMENDMENTS FOR FISCAL YEAR 2007/08
PURSUANT TO SECTION 2-450 OF THE AZUSA MUNICIPAL CODE
WHEREAS, on June 18, 2007, the Agency Members passed Resolution No. 07-
R17, adopting the Budget and approving the appropriations for the Redevelopment Agency
of the City of Azusa for the fiscal year commencing July 1, 2007 and ending June 30, 2008;
and
WHEREAS, Section 2-450 of the Azusa Municipal Code requires that budget
amendments over $1 million be approved by resolution at a public hearing; and
WHEREAS, certain appropriation amendments are, in fact, required as
summarized below:
Appropriation Amendment Summary: Appropriation of $5,300,000 to fund
the.administrative expenses, property acquisitions and project related
activities within the Merged Redevelopment Project Area.
NOW THEREFORE BE IT RESOLVED that the Agency Members of the
Redevelopment Agency of the City of Azusa do hereby approve the Budget Amendment and
order 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.
ADOPTED AND APPROVED this 24`h day of March, 2008.
R. ROCHA, CHAIRMAN
I HEREBY CERTIFY that the foregoing resolution No. 08-R16, was duly adopted
by the Agency Members of the Redevelopment Agency of the City of Azusa at a regular
meeting thereof on the 24th day of March, 2008, by the following vote of Agency Members:
AYES: AGENCY MEMBERS: GONZALES, CARRILLO, MACIAS, HANKS, ROCHA
NOES: AGENCY MEMBERS: NONE
ABSTAIN: AGENCY MEMBERS: NONE
ABSENT: AGENCY MEMBERS: NONE
VERA MENDOZA, SECRETARY