HomeMy WebLinkAboutReso 2021-P1 - APFA Budget FY21-22RESOLUTION NO.2021-P1
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 19
2021 AND ENDING JUNE 309 2022
THE BOARD OF DIRECTORS OF THE AZUSA PUBLIC FINANCING
AUTHORITY DOES RESOLVE AS FOLLOWS:
SECTION 1. The preliminary budget for the Azusa Public Financing Authority for the
fiscal year commencing July 1, 2021 and ending June 30, 2022, presented and reviewed at a
public workshop held May 24, 2021, is hereby approved and adopted as the budget of the Azusa
Public Financing Authority for said fiscal year. A copy of said budget is hereby ordered
to be 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
thereinas 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 ofall 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 or
resolution of the Authority Board need not be audited by the Authority Board prior to
payment. Budgeted demands paid by warrant prior to audit by the Authority Board shall be
presented to the Authority Board 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.
PASSED, APPROVED and ADOPTED this 2 1 " day of June, 2021.
G
Robert Gonzales
Mayor
ATTEST:
J 411,k
ence Corne' , Jr.
ity
STATE OF CALIFORNIA }
COUNTY OF LOS ANGELES } ss.
CITY OF AZUSA )
I HEREBY CERTIFY that the foregoing Resolution No. 2020-P 1 was duly adopted by
the City Council of the City of Azusa at a regular meeting thereof, held on the 21 St day of
June, 2021, by the following vote of the Council:
AYES: COUNCILMEMBERS: GONZALES, MACIAS, ALVAREZ, AVILA, MENDEZ
NOES: COUNCILMEMBERS: NONE
ABSENT: COUNCILMEMBERS: NONE
J r we6&e Corne' , Jr.
City Cler
APPROVED AS TO FORM:
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Best Bes & Krieger
City Attorney