HomeMy WebLinkAboutResolution No. 11-C34RESOLUTION NO 11-C34
A RESOLUTION OF THE CITY OF AZUSA APPROVING APPROPRIATION
AMENDMENTS FOR FISCAL YEAR 2010111 PURSUANT TO SECTION 2-450 OF THE
AZUSA MUNICIPAL CODE
WHEREAS, on June 21, 2010, the City Council passed Resolution No. 10-C34, adopting the
Budget and approving the appropriations for the City of Azusa for the fiscal year commencing July 1, 2010
and ending June 30, 2011; 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 $513,030 to loan funds to the
Redevelopment Agency of the City of Azusa to fund its FY 2010/11 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 2nd day of May, 2011.
oseph k. 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 2"d day of May, 2011.
AYES:
COUNCIL MEMBERS:
GONZALES, CARRILLO, MACIAS, HANKS, ROCHA
NOES:
COUNCIL MEMBERS:
NONE
ABSTAIN:
COUNCIL MEMBERS:
NONE
ABSENT:
/COUNCIL MEMBERS:
NONE