HomeMy Public PortalAboutA1987-07-07 LYNWOOD INFORMATION INC s..,:;._..:
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I C�T`( OF LYNW�OD
CITY CLERKS OF�ICE
JUL 02 1981
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AGENDA ITEMS FOR CONSIDERATION ��8�9t10i11►]2►1�2�3� ���6
AT THE MEETING OF !
LYNWOOD INFORMATION, INC. �(, �
TO BE HELD � � °
July 7, 1987 �
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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.
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LIIAGD
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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.
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• 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.
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