HomeMy WebLinkAboutResolution No. 2016-R11RESOLUTION NO. 2016-RII
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, 2016 AND ENDING JUNE 30, 2017
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,
2016 and ending June 30, 2017, presented and reviewed at a public workshop held June 13,
2016, 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 2015-2016 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 2016-2017. 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 20th day of June, 2016.
['+x/11 /&W-O—
JVeph Romero Rocha
Chairman
ATTEST:
CERTIFICATION
I, Jeffrey Lawrence Cornejo Jr., City Clerk of the City of Azusa, do hereby certify that
Resolution No. 2016 -RI I 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
201h day of June 2016, by the following vote of the Agency:
AYES: AGENCY MEMBERS: GONZALES, CARRILLO, MACIAS, ALVAREZ, ROCHA
NOES: AGENCY MEMBERS: NONE
ABSENT: AGENCY MEMBERS: NONE
gf nce Cornejq Jr.
Secretary
APPROVED AS TO FORM:
Best B st & Krieger,
City Attorney