HomeMy WebLinkAboutRDA AG PKT 2007-06-25 #2
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RESOLlITIONNUMBER_
A RESOLlITION OF THE REDEVELOPMENT AGENCY
OF THE CITY OF SEAL BEACH, CALlFORNIA,
ADOPJ1NG THE FISCAL YEAR 2007108 AND 200810'
BUDGET, SETTING THE APPROPRIATION LIMIT FOR
FISCAL YEAR 2007/08 AND APPROVING
APPROPRIATIONS BY FUND.
THE REDEVELOPMENT AGBNCY OF THE CITY OF SEAL BEACH DOES
HEREBY RESOLVE:
SECTION 1. To adopt Fiscal Year 2007108 and 2008109 budget for the operation of and
capital improvements for the Seal Beach Redevelopment Agency for the fiscal YO'"
commencing July I, 2007 and ending June 30, 2009. Said budgets to control
expenditures in the following amounts which reflect intetfund transfers and charges:
APPROPRIATIONS BY FUND
Fund
FY
2007108
FY
2008109
RDA-Riverfront Project Area Low & Mod Housing Fund
RDA Riverfront Project Area
RDA Riverfront Project Area Debt Service Fund
RDA Riverfront Project Area Tax Increment Fund
564,000
290,650
734,100
1,621,500
294,500
42,050
735,400
1,646,500
SECTION 2. Thai all encumbrances from FY 2006107 are re-appropriated for continued
use in FY 2007108.
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SECTION 3. That the Executive Director is hen:by authorized to make appropriation
IranSfers within and between functions and programs, in accordance with Fiscal Policy,
as long as such transfera do not increase the adopted annual budget appropriations.
PASSED, APPROVED and ADOPJ'ED by the Redevelopment Agency of the City of
Seal Beach aI a regular meeting thereof held on the ~ day of -1lmL. 2007 by the
following vote:
AYES: Agencymernber
NOES: Agencymernber
ABSENT: Agencymember
Chairman
ATTEST:
City Clerk/Secretary
STATE OF CALIFORNIA I
COUNTY OF ORANGE J SS
CITY OF SEAL BEACH }
I, Unda Devine, City Clerk of the City of Seal Beach, California, do hereby certify that
the foregoing resolution is the original copy of Resolution Number on file in the
office of the City Clerk, passed, approved, and adopted by the City Council of the City of
Seal Beach ala regolar meeting thereof held on the ~ day of...1!llm...... 2006.
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City Clerk/Secretary
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