HomeMy WebLinkAboutC- 7 Resolution 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 REDEVELOPMENT AGENCY OF THE CITY
OF AZUSA ADOPTING THE BUDGETS AND APPROVING APPROPRIATIONS FOR THE
REDEVELOPMENT AGENCY FOR THE FISCAL YEAR COMMENCING JULY 1, 2003 AND ENDING JUNE
30, 2004
THE BOARD OF DIRECTORS OF THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA DOES
RESOLVE AS FOLLOWS:
SECTION 1. The budget for the Redevelopment Agency of the City of Azusa 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 Redevelopment Agency, is hereby approved and
adopted as the budget of the Redevelopment Agency of the City of Azusa for said fiscal year in the
amount of $8,529,994. 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 budgets, the several amounts stated therein as
proposed expenditures shall be and become appropriated to the respective objects and purposes
therein set forth for the Agency subject to expenditure pursuant to the provisions of all applicable
ordinances of the Agency and statutes of the State. Further, it is established that the Agency will
not exceed its budget.
SECTION 3. All appropriations in the 2002-2003 budget of the Agency not expended or
encumbered hereby expire and terminate, except for those appropriations expressly continued
and carried forward ("rebudgeted") into the budget for 2003-2004.
SECTION 4. 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 Agency need
not be audited by the Agency prior to payment. Budgeted demands paid by warrant prior to audit
by the Agency shall be presented to the Agency for ratification and approval at the first meeting
after delivery of the warrants.
SECTION 5. The Secretary shall certify to the adoption of this resolution.
DOCUMENT IN & INVOCATION SCHEDULES\1996-2008 AGENDAS AND AGENDA ITEMS\1997 - 2011 AGENDAS AND AGENDA ITEMS\2003\KJUNE16.DOC
ADOPTED AND APPROVED this 16th day of June, 2003.
__________________________________
CHAIRMAN
I HEREBY CERTIFY that the foregoing Resolution No. __________ was duly adopted by the
Board of Directors of the Redevelopment Agency of the City of Azusa at a meeting thereof held on
the 16th day of June, 2003, by the following vote of the Agency:
AYES : DIRECTORS:
NOES : DIRECTORS:
ABSTAIN : DIRECTORS
ABSENT : DIRECTORS:
__________________________________
SECRETARY