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HomeMy WebLinkAboutRDA Res 11-06 2011-06-13RESOLUTION NUMBER 11-06 A RESOLUTION OF THE SEAL BEACH REDEVELOPMENT AGENCY ADOPTING THE FISCAL YEAR 2011/12 BUDGET AND APPROVING APPROPRIATIONS BY FUND 1 APPROPRIATIONS BY FUND Fund FY 2011/12 RDA - Riverfront Project Area Low & Mod Housing Fund 880,000 RDA Riverfront Project Area 1,269,400 RDA Riverfront Project Area Debt Service Fund 731,000 RDA Riverfront Project Area Tax Increment Fund 1,667,200 1 n THE REDEVELOPMENT AGENCY OF THE CITY OF SEAL BEACH DOES HEREBY RESOLVE: SECTION 1. To adopt Fiscal Year 2011/12 budget for the operation of and capital improvements for the Seal Beach Redevelopment Agency for the fiscal year commencing July 1, 2011 and ending June 30, 2012. Said budget to control expenditures in the following amounts which reflect interfund transfers and charges: SECTION 2. That all encumbrances from FY 2010/11 are re- appropriated for continued use in FY 2011/12. SECTION 3. That the Executive Director is hereby authorized to make appropriation transfers within and between functions and programs, in accordance with Fiscal Policy, as long as such transfers do not increase the adopted annual budget appropriations. PASSED, APPROVED AND ADOPTED by the Redevelopment Agency of the City of Seal Beach this 13th day of June , 2011 by the following vote: AYES: Agency Members NOES: Agency Members ABSENT: Agency Members E °,� O. 0 {- ATTEST: Secretary/City Clerk z o ° O �0EO ° �' L � y2po� �j °F� ° o �5 .1 STATE OF CALIFORNIA } COUNTY OF ORANGE } SS CITY OF SEAL BEACH } Chair M I, Linda Devine, City Clerk of the City of Seal Beach, California, do hereby certify the following resolution is the original copy of Resolution Number 11 -06 on file in the office of the City Clerk, passed, approved, and adopted by the Redevelopment Agency of the City of Seal Beach at a regular meeting held on the 13th day of June , 2011. / � .. -