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HomeMy WebLinkAboutResolution No. 14-C82RESOLUTION NO. 14-C82 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AZUSA APPROVING APPROPRIATION AMENDMENT FOR FISCAL YEAR 2014- 2015 PURSUANT TO SECTION 2-450 OF THE AZUSA MUNICIPAL CODE WHEREAS, on June 16, 2014, the City Council passed Resolution No. 13-C32, adopting the Budget and approving the appropriations for the City of Azusa for the fiscal year commencing July 1, 2014 and ending June 30, 2015; 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: Appropriate a transfer of $700,000 from the General Fund, Fund Number 10, to the Liability Fund, Fund Number 42, for the purpose of funding the cash balance deficit in Fund 42 caused by unforeseen litigation expenditures. 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. PASSED, APPROVED and ADOPTED this 24`h day of November, 2014. /T/� / �� /oseph Romero Rocha Mayor ATTEST: r gir 6aneerCornejoJ c City Clerk STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) ss. CITY OF AZUSA ) I HEREBY CERTIFY that the foregoing Resolution No. 14-C82 was duly adopted by the City Council of the City of Azusa at a special meeting thereof, held on the 24'h day of November, 2014, by the following vote of Council: AYES: COUNCILMEMBERS: GONZALES, CARRILLO, MACIAS, ALVAREZ, ROCHA NOES: COUNCILMEMBERS: NONE ABSENT: COUNCILMEMBERS: NONE 4Z� J ce Cornejo, J7 City Clerk