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HomeMy WebLinkAboutResolution No. 10-C15RESOLUTION NO. 10-C15 A RESOLUTION OF THE CITY OF AZUSA APPROVING APPROPRIATION AMENDMENTS FOR FISCAL YEAR 2009/10 PURSUANT TO SECTION 2-450 OF THE AZUSA MUNICIPAL CODE WHEREAS, on June 1, 2009, the City Council passed Resolution No. 09-C38, adopting the Budget and approving the appropriations for the City of Azusa for the fiscal year commencing July 1, 2009 and ending June 30, 2010; 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; and WHEREAS, certain appropriation amendments are, in fact, required as summarized below: Appropriation Amendment Summary: Appropriation of $2,491,858 to loan funds to the Redevelopment Agency of the City of Azusa to fund its FY 2009/10 Supplemental Educational Revenue Augmentation Fund (SERAF) payment obligation. 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 16s' day of February, 2010. Y J seph . Rocha, Mayor I HEREBY CERTIFY that the foregoing resolution was duly adopted by the City of Azusa at a regular meeting thereof held on the 16`s day of February, 2010, by the following vote of the Council: AYES: COUNCIL MEMBERS: GONZALES, CARRILLO, MACIAS, HANKS NOES: COUNCIL MEMBERS: ROCHA ABSTAIN: COUNCIL MEMBERS: NONE ABSENT: COUNCIL MEMBERS: NONE