HomeMy WebLinkAboutResolution No. 08-C025RESOLUTION NO. 08-C25
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 requires that budget
amendments over $1 million must be approved by resolution at a public hearing; and
WHEREAS, certain appropriation amendments are, in fact, required as
summarized below:
Appropriation Amendment Summary: Appropriation of $5,300,000 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 24`" day of March, 2008.
R. ROCHA, MAYOR
1 HEREBY CERTIFY that the foregoing resolution No. 08-C25, was duly adopted
by the City Council of the City of Azusa at a regular meeting thereof on the 24`" 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: 7
COUNCIL MEMBERS: NONE
VERA MENDOZA„ OTY CLERK