HomeMy WebLinkAboutResolution No. 09-P1RESOLUTION NO.09-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, 2009 AND ENDING JUNE 30, 2010
THE BOARD OF DIRECTORS OF THE AZUSA PUBLIC FINANCING AUTHORITY DOES
RESOLVE AS FOLLOWS:
SECTION 1. The Preliminary budget for the Azusa Public Financing Authority for the fiscal year
commencing July 1, 2009 and ending June 30, 2010, presented and reviewed at a at a public workshop held
May 26, 2009, is hereby approved and adopted as the budget of the Azusa Public Financing Authority for
said fiscal year. 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 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 or resolution 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.
ADOPTED AND APPROVED this 1 st day of June, 2009.
SEPH R. ROCHA, CHAIRMAN
I HEREBY CERTIFY that the foregoing Resolution No. 09-P1 was duly adopted by the Board of
Directors of the Azusa Public Financing Authority at a regular meeting thereof held on the 1st day of June,
2009, by the following vote of the Authority:
AYES: DIRECTORS: GONZALES, CARRILLO, MACIAS, HANKS, ROCHA
NOES: DIRECTORS: NONE
ABSTAIN: DIRECTORS: NONE
ABSEN': DIRECTORS: NONE
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VERA MENDO A, SECRETAR
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