Loading...
HomeMy WebLinkAbout1994-06-29 - RESOLUTIONS - ANNUAL BUDGET (2)RESOLUTION NO. RDA 94-+19 A RESOLUTION OF THE SANTA CLARITA REDEVELOPMENT AGENCY ADOPTING THE ANNUAL BUDGET FOR FISCAL YEAR 1994-1995 AND MAKING APPROPRIATIONS FOR THE AMOUNT BUDGETED WHEREAS, a proposed annual budget for the Santa Clarita Redevelopment Agency for the Fiscal Year commencing July 1, 1994, and ending June 30, 1995, was submitted to the Agency Board, and is on file in the Secretary's Office, and WHEREAS, proceedings for adoption of said budget have been duly taken, and WHEREAS, the Agency Board has made certain revisions, corrections, and modifications to said proposed budget, and WHEREAS, the Agency Executive Director has caused the proposed budget document to be corrected to reflect the changes ordered by the Agency Board. WHEREAS, ne-epositions provided for in the Redevelopment Agency will not be filled until such time as tax increment monies become available as a right of the resolution of the lawsuit with Castaic Lake Water Agency, and WHEREAS, capital projects will not be budgeted in the Redevelopment Agency until future Board action to authorize same has been taken at the completion of the public participation process which is currently underway. NOW, THEREFORE, THE AGENCY BOARD OF THE SANTA CLARITA REDEVELOPMENT AGENCY DOES RESOLVE AS FOLLOWS: SECTION 1. The budget attached hereto and included herein by Resolution is adopted as the Annual Budget for the Santa Clarita Redevelopment Agency for Fiscal Year commencing July 1, 1994, and ending June 30, 1995. SECTION 2. There is hereby appropriated to each account set forth in said budget, attached hereto and made a part hereof, the sum shown for such account in the 1994- 1995 budget, and the Agency Executive Director is authorized and empowered to expend such sum for the purpose of such account but no expenditure by any office or department for any item within an account will exceed the amount budgeted therefore without prior approval of the Agency Executive Director. APPROVED AND ADOPTED this 29th day of June, 1994. ® r— CH ATT T: AIR ASSIS A SECRETA r I HEREBY CERTIFY that the foregoing Resolution w� ad� by the Board of Directors of the Santa Clarita Redevelopment Agency at meeting thereof, held on the 29th day of June, 1994, by the following vote of the Board• AYES: DIRECTORS: NOES: DIRECTORS: ABSENT: DIRECTORS: ABSTAIN: DIRECTORS: c MCOv\M09409.r Heidt, Darcy, Boyer, Smyth, Pederson none none none ASSISTANT SECRETA