HomeMy WebLinkAboutResolution No. 08-R25RESOLUTION NO. 08-R25
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, 2008 AND
ENDING JUNE 30, 2009
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, 2008 and ending June 30, 2009,.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 2007-2008 budget of the Agency not expended or
encumbered hereby expire and terminate, except for those appropriations expressly continued and carried
forward ("re budgeted") into the budget for 2008-2009. Appropriations for Capital Projects and Capital
Equipment are hereby carried forward until project completion or equipment acquisition.
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.
ADOPTED AND APPROVED this 16th day of June, 2008.
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EPH III. ROCHA, CHAIRMAN
1 HEREBY CERTIFY that the foregoing Resolution No. 08-1125, was duly adopted by the Board of
Directors of the Redevelopment Agency of the City of Azusa at a meeting thereof held on the 16th day of
June, 2008, by the following vote of the Agency:
AYES: DIRECTORS: GONZALES, CARRILLO, MACIAS, HANKS, ROCHA
NOES: DIRECTORS: NONE
ABSTAIN: DIRECTORS: NONE
ABSENT• DI CTORS: NO
VERA MENDOZA, SECRETARY
DOCUMENT INC VOCUWNTS n"D DEnINOS SAUNENIVESNTOPNJUNE 16, a Ea"EDDEDDOC