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HomeMy WebLinkAboutResolution No. 00-P10 0 RESOLUTION NO. oo-Pi A RESOLUTION OF THE BOARD OF DIRECTORS OF THE AZUSA PUBLIC FINANCING AUTHORITY ADOPTING THE BUDGET AND APPROVING APPROPRIATIONS FOR THE AUTHORITY FOR THE FISCAL YEAR COMMENCING JULY 1, 2000 AND ENDING JUNE 30, 2001 THE BOARD OF DIRECTORS OF THE AZUSA PUBLIC FINANCING AUTHORITY DOES RESOLVE AS FOLLOWS: SECTION 1. The budgetforthe Azusa Public Financing Authority for the fiscal year commencing July 1, 2000 and ending June 30, 2001 as prepared and submitted by the Executive Director and as modified by the Azusa Public Financing Authority is hereby approved and adopted asthe budgetof the Azusa Public Financing Authority for said fiscal year in the amount of $2,305,200. 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 Authority subject to expenditure pursuant to the provisions of all applicable ordinances of the Authority and statutes of the State. Further, it is established that the Authority will not exceed its budget. SECTION 3. Pursuant to Government Code 37208, warrants drawn in payment certified or approved by the Secretary as conforming to a budget approved by ordinance of the Authority need not be audited by the Authority prior to payment. Budgeted demands paid by warrant prior to audit by the Authority shall be presented to the Authority for ratification and approval at the first meeting after delivery of the warrants. SECTION 4. The Secretary shall certify to the adoption of this resolution. Jay of July, 2000. p!HgYW11M Bv.MRRE50.Wf9 HEREBY CERTIFY that the foregoing Resolution No.?iwas duly adopted by the Board of Directors of the Azusa Public Financing Authority at a regular meeting thereof held on the 21 st day of June, 2000 by the following vote of the Authority: AYES DIRECTORS:HARDISON, STANFORD, ROCHA, BEEBE, MADRID NOES DIRECTORS: NONE ABSENT DIRECTORS: NONE o.�,am„TM B,d,,.��sawPo