HomeMy WebLinkAboutResolution No. 14-R8RESOLUTION NO. 14-118
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE SUCCESSOR
AGENCY FOR THE FORMER REDEVELOPMENT AGENCY OF THE
CITY OF AZUSA ADOPTING THE OPERATING BUDGET AND
APPROVING APPROPRIATIONS FOR THE SUCCESSOR AGENCY OF
THE FORMER REDEVELOPMENT AGENCY OF THE CITY OF AZUSA
FOR THE FISCAL YEAR COMMENCING JULY 1, 2014 AND ENDING
JUNE 30, 2015
THE BOARD OF DIRECTORS OF THE SUCCESSOR AGENCY OF THE FORMER
REDEVELOPMENT AGENCY OF THE CITY OF AZUSA DOES RESOLVE AS
FOLLOWS:
SECTION 1. The operating budget for the Successor Agency of the former Redevelopment
Agency of the City of Azusa ("Agency") for the fiscal year commencing July 1, 2014 and ending
June 30, 2015, presented and reviewed at a public workshop held May 27, 2014, is hereby approved
and adopted as the budget of the Agency for said fiscal year. A copy of said budget is hereby ordered
to be 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 2013-2014 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 2014-2015. 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 Board need not be audited by the Agency Board prior to payment. Budgeted demands paid
by warrant prior to audit by the Agency Board shall be presented to the Agency Board 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.
PASSED APPROVED and ADOPTED this 16`h day of June, 2014.
seph Romero Rocha
Chairman
ATTEST:
eff L ncc Comejoi r.
Secretary
CERTIFICATION
I, Jeffrey Lawrence Cornejo, Jr., City Clerk of the City of Azusa, do hereby certify that
Resolution No. 14-R8 was duly adopted by the City Council of the City of Azusa, serving as the
Successor Agency to the Former Redevelopment Agency, at a regular meeting held on the 16'h day
of June 2014, by the following vote of the Agency:
AYES: AGENCY MEMBERS: GONZALES, CARRILLO, MACIAS, ALVAREZ, ROCHA
NOES: AGENCY MEMBERS: NONE
ABSENT: AGENCY MEMBERS: NONE
gffr ence CornejJr.
Secretary