HomeMy WebLinkAboutResolution No. 11-R25RESOLUTION NO. 11-1125
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, 2011 AND ENDING
JUNE 30, 2012
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, 2011 and ending June 30, 2012, 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 2010-2011 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 2011-2012. 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 5. The Secretary shall certify to the adoption of this resolution.
ADOPTED AND APPROVED this 6th day of June, 2011.
oseph R. Rocha, Chairman
CZ0CWENT5 AND SETTINGS USAUSENNESNTOMDl. BUDGET FESOWTNONi D 112 DCC
I HEREBY CERTIFY that the foregoing Resolution No. ll -R25 was duly adopted by the Board of Directors of
the Redevelopment Agency of the City of Azusa at a meeting thereof held on the 6h day of June, 2011, by the
following vote of the Agency:
AYES DIRECTORS: GONZALES, CARRILLO, MACIAS, HANKS, ROCHA
NOES DIRECTORS: NONE
ABSTAIN DIRECTORS: NONE
DIRECTORS: NONE
Mendoza, Secretary
C LL]cuMExis AND SFT NCSUNSAUSEFWESKTOPN G BUDGET FE sat wou.mnx. DOC