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HomeMy Public PortalAbout2005.022 LRAn~ e_ ~ a y RESOLUTION NO. 2005.022 A RESOLUTION OF THE LYNWOOD REDEVELOPMENT AGENCY AUTHORIZING THE TRANSFER OF FUNDS FROM THE UNAPPROPRIATED FUND BALANCE (FUND 14) WHEREAS, the Lynwood Redevelopment ("Agency") is a redevelopment agency duly formed organized and existing pursuant to and under the provisions of the State Community Redevelopment Law (the "Law") f WHEREAS, the Agency is engaged in carrying out redevelopment ~ ~"~ projects(s) in Project Area "A"; and WHEREAS, additional funds are required to carry out the legal functions of the Redevelopment Agency; and NOW, THEREFORE, the Agency Board does hereby resolve as follows: Section 1. The Agency Board approves the following transfers from the unappropriated LRA fund balance from Project Area "A" Tax Increment Fund. FROM Unappropriated Agency Fund 14 $230,000.00 PASSED, APPROVED and ADOPTE Agency this 5th day of July, 2005. ,~ TO Project Area "A" Fund 12-5020 $230,000.00 e Lynwood redevelopment ATTEST: MON RODRIGUEZ, CHAIRMAN ' ~ ~ Andrea L. Hooper, N". Enriqu art nez, Secretary Executive Director APPROVED ASS.-O-I;ORM: APPROVED AS TO CONTENT: -Ron Wilson Agency Counsel Louis Mop~les. Deputy Executive Director u p STATE OF CALIFORNIA ) ` ) ss. COUNTY OF LOS ANGELES ) ~ ~. I, the undersigned, Agency Secretary of the Lynwood Redevelopment Agency, do hereby certify that the foregoing Resolution was passed and adopted by the Lynwood Redevelopment Agency at a regular meeting held on the 5th day of Jul v ; 2005. AYES: COUNCILMEN BYRD, PEDROZA, SANTILLAN, VASQUEZ AND RODRIGUEZ NOES: NONE ABSENT: NONE ABSTAIN: NONE ~. Agency Secretary Lynwood Redevelopment Agency STATE OF CALIFORNIA ~ ss. COUNTY OF LOS ANGELES ) I, the undersigned, .City Clerk of the City of Lynwood, and Agency Secretary of said City, do hereby certify that the above and foregoing is a full, true and correct copy of Resolution No. 2005.022 on file in my office and that said Resolution was adopted on the date and by the vote therein stated. Dated this 5th--day of ,~„~~ , 2005. Agency Secretary Lynwood Redevelopment Agency