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HomeMy WebLinkAboutRDA Res 09-03 2009-06-08RESOLUTION NUMBER 09-03 A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF SEAL BEACH, CALIFORNIA, ADOPTING THE FISCAL YEAR 2009/10 AND 2010/11 BUDGET, SETTING THE APPROPRIATIONS LIMIT FOR FISCAL YEAR 2009/10 AND APPROVING APPROPRIATIONS BY FUND THE REDEVELOPMENT AGENCY OF THE CITY OF SEAL BEACH DOES HEREBY RESOLVE: SECTION 1. To adopt Fiscal Year 2009/10 and 2010/11 budget for the operation of and capital improvements for the Seal Beach Redevelopment Agency for the fiscal years commencing July 1, 2009 and ending June 30, 2011. Said budgets to control expenditures in the following amounts which reflect interfund transfers and charges: APPROPRIATIONS BY FUND Fund FY 2009/10 FY 2010/11 RDA-Riverfront Project Area Low & Mod Housing Fund 796,500 796,500 RDA Riverfront Project Area 43,600 44,300 RDA Riverfront Project Area Debt Service Fund 709,600 732,700 RDA Riverfront Project Area Tax Increment Fund 410,000 410,000 SECTION 2. That all encumbrances from FY 2008/09 are re-appropriated for continued use in FY 2009/10. 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 8th day H~of"" "_ June , 2009 bly the folio /wing vote: ~/- AYES: Agency Members ~.G~~J G~~~u~ ~~'i:HG~~ .c~~~lGZi~o ~,~,~ i NOES: Agency Members ~~~1.U71.~ ABSENT: Agency Members Chairman ATT ST: Se retary/City Clerk STATE OF CALIFORNIA } COUNTY OF ORANGE } SS CITY OF SEAL BEACH } 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 09-03 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 meeting held thereof on the 8th day of June , 2009. ecr tary/City C erk 1