HomeMy WebLinkAboutResolution No. 09-R100 0
Resolution No 09-R10
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA
APPROVING AN APPROPRIATION AMENDMENT FOR FISCAL YEAR 2008/09
PURSUANT TO SECTION 2-450 OF THE AZUSA MUNICIPAL CODE
WHEREAS, on June 16, 2008, the Agency Members passed Resolution No. 08-R25,
adopting the Budget and approving the appropriations for the Redevelopment Agency of the City
of Azusa for fiscal year commencing July 1, 2008 and ending June 30, 2009;
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, on November 3, 2008, the Agency Members passed Resolution No. 46,
authorizing the sale of the Amended and Restated Merged Central Business District and West
End Redevelopment Project Area Housing Tax Allocation Bonds, 2008, Series B; in the amount
of $11,580,000 (ELEVEN MILLION FIVE HUNDRED AND EIGHTY THOUSAND
DOLLARS); and
WHEREAS, certain appropriation amendments are in fact, required as summarized
below and detailed in Appropriations Amendment:
Appropriation Amendment Summary:
An appropriation of $705,000, to fund the acquisition, and associated costs, of the
property located at 630 North Glen£nnan Avenue (Acosta).
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 17 Id Day of February, 2009.
/u
oseph R. Rocha, Chairman
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I HEREBY CERTIFY that the foregoing resolution 09-R10 was duly adopted by the
Agency Members of the Redevelopment Agency of the City of Azusa at a regular meeting
thereof on the 17th day of February, 2009, by the following vote of Agency Members:
AYES: BOARDMEMBERS: GONZALES, CARRILLO, MACIAS, HANKS, ROCHA
NOES: BOARD MEMBERS: NONE
ABSTAIN: BOARD MEMBERS: NONE
ABSENT: BOARD MEMBERS: NONE
Vera Mendoza, Secretary