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HomeMy Public PortalAboutA1987-07-07 LYNWOOD INFORMATION INC s..,:;._..: � � A '�, s��,� �� , � ���"IV�D I C�T`( OF LYNW�OD CITY CLERKS OF�ICE JUL 02 1981 �a� AGENDA ITEMS FOR CONSIDERATION ��8�9t10i11►]2►1�2�3� ���6 AT THE MEETING OF ! LYNWOOD INFORMATION, INC. �(, � TO BE HELD � � ° July 7, 1987 � �� 7:30 P.M. CITY HALL COUNCIL CHAMBERS 1. CALL TO ORDER 2. ROLL CALL John D. Byork Robert Henning E. L. Morris Evelyn Wells Paul Richards SCHEDULED MATTERS 3. ADOPTION OF FY 1987/88 ANNUAL BUDGET "A RESOLUTION OF THE LYNWOOD INFORMATION, INC. BOARD OF DIRECTORS ADOPTING THE FISCAL YEAR 1987/88 ANNUAL BUDGET " 4. ADJOURNMENT MOTION TO ADJOURN TO THE REGULARLY SCHEDULED -MEETING FOR August 4, 1987 7:30 P.M., IN THE COUNCIL CHAMBERS OF THE CITY HALL, 11330 BULLIS ROAD, CITY OF LYNWOOD, CALIFORNIA. � LIIAGD �; --` � � DATE: JULY 7, 1987 • TO: TFiE HONORABLE CHAIRMAN AND MEMBERS OF THE BOARD FROM: DONALD J. FRASER, ASSISTANT TO THE CITY MANAGER�C� CJ SUBJECT: ADOPTION OF FY 1987/88 ANNUAL BUDGET OBJECTIVE To have the Board of Directors approve the attached resolution adopting the FY 1987/88 Budget. ANALYSIS On Monday, June 22, 1987, The Board was presented with the t he P last pages�of the�Citylof�Lynwood Annual Budgetwdocumented on The Budget reflects the revenues anticipated from Rogers Cablesystems under the neqotiated agreement along with the �and of Lynwood's contributions for the cost of printing distributing the city newsletter. Under expenditures, funds have been budgeted for the production of governmental sponsored programming and the printing of four issues of the city newsletter Lvnwood Livin . RECOMMENDATION It is recommended that the Board approve the attached resolution adopting the FY 1987/88 Budget. i � I i � I ; � I ' i t ' I I I � i I I �--- • LII RESOLUTION NO. • A RESOLUTZON OF THE LYNWOOD INFORMATION, INC. BOARD OF DIRECTORS ADOPTING THE FISCAL YEAR 1987/88 ANNUAL BUDGET. WAEREAS, the Board of Directors has been provided a proposed Annual Operatinq Budget for the Fiscal Year 1987/88; and WHEREAS, the Board of Directors has studied the ' proposed Budget and approved same; NOW, THEREFORE, the Board of Directors of the Lynwood Redevelopment Agency DOES HEREBY RESOLVE as follows: Section 1. The Annual Operating Budget for the fiscal Year 1987/88 is hereby approved and adopted; Section 2. The City Manager, the Treasurer, or his designee, is authorized to approve any transfer between accounts, provided that do not exceed $10,000 per transfer. Section 3. This Resolution shall take effect immediately upon its adoption PASSED, APPROVED AND ADOPTED this day of , 1987. PAUL RICHARDS, Chairman Lynwood Information, Inc. ATTEST: ANDREA L. HOOPER, Secretary Lynwood Information, Inc. I � . I I i , i � i I i I I � i I � i I �