HomeMy WebLinkAboutResolution No. 01-P19 0
RESOLUTION NO. 01-P1
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, 2001 AND ENDING JUNE 30, 2002
THE BOARD OF DIRECTORS OF THE AZUSA PUBLIC FINANCING AUTHORITY DOES RESOLVE AS
FOLLOWS:
SECTION 1. The budget for the Azusa Public Financing Authority for the fiscal year commencing
July I, 2001 and ending June 30, 2002 as prepared and submitted by the Executive Director and as
modified by the Azusa Public Financing Authority is hereby approved and adopted as the budget of the
Azusa Public Financing Authority for said fiscal year in the amount of $2,295,520. 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.
The Secretary shall certify to the adoption of this resolution.
AND APPROVEVthis 11 day of June 2001.
CHAIRMAN
1 HEREBY CERTIFY that the foregoing Resolution No. O1P1 was duly adopted by the Board of
Directors of the Azusa Public Financing Authority at a regular meeting thereof held on the i_ day of
June , 2001 by the following vote of the Authority:
AYES DIRECTORS: Hardison, Stanford,Rocha, Chagnon
NOES DIRECTORS: None
ABSTAIN DIRECTORS: None
ABSENT
/ 7�: DIRECTORS: Madrid
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