HomeMy WebLinkAboutRDA Res 06-08 2006-06-26
RESOLUTION NUMBER 06-08
A RESOLUTION OF THE REDEVELOPMENT AGENCY
OF THE CITY OF SEAL BEACH, CALIFORNIA,
ADOPTING FISCAL YEAR 2006/2007 BUDGET, SETTING
THE APPROPRIATION LIMIT FOR FISCAL YEAR
2006/2007 AND AUTHORIZING APPROPRIATIONS BY
FUND.
I
THE REDEVELOPMENT AGENCY OF THE CITY OF SEAL BEACH DOES
HEREBY RESOLVE:
SECTION 1. To adopt Fiscal Year 2006/2007 budget for the operation of and capital
improvements for the Seal Beach Redevelopment Agency for the fiscal years
commencing July 1, 2006 and ending June 30, 2007. Said budgets to control
expenditures in the following amounts which reflect interfund transfers and charges:
PROPOSED EXPENDITURES
Fiscal Year 200612007
RDA-Riverfront Project Area Low & Moderate Housing Fund
RDA Riverfront Project Area
RDA Riverfront Project Area Debt Service Fund
RDA Riverfront Project Area Tax Increment Fund
435,000
2,855,020
746,000
1,201,520
SECTION 2. That all encumbrances from FY 2005/06 are re-appropriated for continued
use m FY 2006/07.
I
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.
AYES:
PASSED, APPROVED and ADOPTED by the Redevelopment Agency of the City of
Seal Beach at a regular meeting thereof held on the 26th day of June, 2006 by the
following vote:
AgenCymemberO/~l~.j'thdJ;) d;;ZU ~. ~
I ~ ' '
/ftl~~
~a$
Chairman
Agencymember
NOES:
ABSENT:
Agencymember
I
STATE OF CALIFORNIA
COUNTY OF ORANGE
CITY OF SEAL BEACH
}
} SS
}
I, Linda Devine, City Clerk of the City of Seal Beach, California, do hereby certify that
the foregoing resolution is the original copy of Resolution Number 06-08 on file in the
office of the City Clerk, passed, approved, and adopted by the City Council of the City of
Sea Beach at a r ular meeting thereof held on the 26th day of June ,2006.