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.
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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
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