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HomeMy WebLinkAboutResolution No. 08-R100 0 - RESOLUTION NO. 08-R10 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 provides for the amendment of said Budget, when required for the operation of the Agency; and WHEREAS, certain appropriation amendments are, in fact, required as summarized below: Appropriation Amendment Summary: Appropriation of $11,000,000 to fund the administrative expenses, property acquisitions and project related activities within the Downtown Transit Village 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 3`d day of March, 2008. R. ROCHA, CHAIRMAN 1 HEREBY CERTIFY that the foregoing resolution No. 08-R10, was duly adopted by the Agency Members of the Redevelopment Agency of the City of Azusa at a regular meeting thereof on the 3rd day of March, 2008, by the following vote of Agency Members: AYES: AGENCY MEMBERS: GONZALES, CARRILLO, MACIAS, HANKS, ROHCA NOES: AGENCY MEMBERS: NONE ABSTAIN: AGENCY MEMBERS: NONE ABSENT: AGENCY MEMBERS: NONE VERA MENDOZA, SECRETARY'