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HomeMy WebLinkAboutRDA Res 75-08 1975-06-23 I RESOLUTION NUMBER 75-8 A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF SEAL BEACH, CALIFORNIA, ADOPTING A BUDGET FOR THE REDEVELOPMENT AGENCY OF THE CITY OF SEAL BEACH FOR FISCAL YEAR 1975-76. The Redevelopment Agency of the City of Seal Beach does hereby resolve: Section 1. To adopt a budget providing for the operation and capital improvements of the Redevelopment Agency for the fiscal year commencing July 1, 1975 and ending June 30, 1976. Said budget to control expenditures in the following amounts: Payment to Seal Beach Elementary School $ District 37,500 Consolidation Fee 75,225 I Pacific Electric Right of Way Installment 58,891 Pacific Electric Right of Way Development 385,000 Legal Costs and Contingencies 20,000 Available for Capital Projects 91,308 TOTAL EXPENDITURES AND FUND BALANCE $ 667,924 PASSED, APPROVED AND ADOPTED by the Redevelopment Agency of the City of Se~. ach, California, at a meeting thereof held on the ;l5~~day of '- , 1975, by the following vote: AY: Agency Memberst.t1~&d.O~-?A:-Il""{~I'~~w~L NOES: Agency Members ~ ABSENT: Agency Members~ I l' Ir~)/ AtL AItJ,~11 ~ Chairman ATTEST: ~~rL~Q. Executive Director-Secretary