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HomeMy WebLinkAboutResolution No. 08-C018RESOLUTION NO. 08-C18 q A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AZUSA APPROVING APPROPRIATION AMENDMENTS FOR FISCAL YEAR 2007-08 PURSUANT TO SECTION 2-450 OF THE AZUSA MUNICIPAL CODE WHEREAS, on June 18, 2007, the City Council passed Resolution No. 07-C44, adopting the Budget and approving the appropriations for the City of Azusa for the fiscal year commencing July 1, 2007 and ending June 30, 2008; and WHEREAS, Section 2-450 of the Azusa Municipal Code provides for the amendment of said Budget, when required for the operation of the City of Azusa; and WHEREAS, certain appropriation amendments are, in fact, required as summarized below: Appropriation Amendment Summary: Appropriation of $11,000,000 to fund a loan to the Redevelopment Agency of the City of Azusa. NOW THEREFORE BE IT RESOLVED that the City Council of the City of Azusa does hereby approve the Budget Amendment and order the same to be recorded in the City's books of account and henceforth to be a part of said Budget as if adopted with the original thereof. ADOPTED AND APPROVED this 3rd day of March, 2008. R. ROCHA, MAYOR I HEREBY CERTIFY that the foregoing resolution No. 08-C 18, was duly adopted by the City Council of the City of Azusa at a regular meeting thereof on the 3rd day of March, 2008, by the following vote of City Council Members: AYES: COUNCIL MEMBERS: GONZALES, CARRILLO, MACIAS, HANKS, ROCHA NOES: COUNCIL MEMBERS: NONE ABSTAIN: COUNCIL MEMBERS: NONE ABSENT: COUNCIL MEMBERS: NONE CITY CLERK