HomeMy WebLinkAboutB- 8 Resolution APFA Budget DOCUMENT IN & INVOCATION SCHEDULES\1996-2008 AGENDAS AND AGENDA ITEMS\1997 - 2011 AGENDAS AND AGENDA ITEMS\2003\KJUNE16.DOC
RESOLUTION NO.
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE AZUSA PUBLIC FINANCING
AUTHORITY ADOPTING THE BUDGET AND APPROVING APPROPRIATIONS FOR THE
AUTHORITY FOR THE FISCAL YEAR COMMENCING JULY 1, 2003 AND ENDING JUNE
30, 2004
THE BOARD OF DIRECTORS OF THE AZUSA PUBLIC FINANCING AUTHORITY DOES
RESOLVE AS FOLLOWS:
SECTION 1. The budget for the Azusa Public Financing Authority for the fiscal year
commencing July 1, 2003 and ending June 30, 2004 as prepared and submitted by the
Executive Director and as modified by the Azusa Public Financing Authority is hereby
approved and adopted as the budget of the Azusa Public Financing Authority for said fiscal
year in the amount of $. A copy of said budgets are hereby ordered filed in the office of the
Secretary and shall be certified by the Secretary as having been adopted by this resolution.
SECTION 2. From the effective date of said budget, the several amounts stated therein as
proposed expenditures shall be and become appropriated to the respective objects and
purposes therein set forth for the Authority subject to expenditure pursuant to the
provisions of all applicable ordinances of the Authority and statutes of the State. Further, it
is established that the Authority will not exceed its budget.
SECTION 3. Pursuant to Government Code 37208, warrants drawn in payment certified or
approved by the Secretary as conforming to a budget approved by ordinance of the
Authority need not be audited by the Authority prior to payment. Budgeted demands paid
by warrant prior to audit by the Authority shall be presented to the Authority for ratification
and approval at the first meeting after delivery of the warrants.
SECTION 4. The Secretary shall certify to the adoption of this resolution.
ADOPTED AND APPROVED this 16th day of June, 2003.
DOCUMENT IN & INVOCATION SCHEDULES\1996-2008 AGENDAS AND AGENDA ITEMS\1997 - 2011 AGENDAS AND AGENDA ITEMS\2003\KJUNE16.DOC
__________________________________
CHAIRMAN
I HEREBY CERTIFY that the foregoing Resolution No. ________ was duly adopted by the
Board of Directors of the Azusa Public Financing Authority at a regular meeting thereof held
on the 16th day of June, 2003 by the following vote of the Authority:
AYES : DIRECTORS:
NOES : DIRECTORS:
ABSTAIN : DIRECTORS:
ABSENT : DIRECTORS:
__________________________________
SECRETARY