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HomeMy Public PortalAbout99.045 LRALRA RESOLUTION NO. 99.45 A RESOLUTION OF THE LYNWOOD REDEVELOPMENT AGENCY APPROVING THE PRODUCTION OF A PROMOTIONAL BROCHURE AND AUTHORIZING THE TRANSFER OF FUNDS FROM THE UNAPPROPRIATED FUND BALANCE (FUND 14) OF PROJECT AREA "A'° TAX INCREMENT AND FROM THE UNAPPROPRIATED FUND BALANCE (FUND 24) OF THE ALAMEDA PROJECT AREA WHEREAS, the Lynwood Redevelopment Agency ("Agency") is a redevelopment agency duly formed organized and existing pursuant to and under the provisions of the State Community Redevelopment Law (the "Law") (codified as California Health and Safety Code Sections 33000 et sea.); and WHEREAS, the Agency is engaged in carrying out numerous redevelopment project(s) in project Area "A" and the Alameda Project Area; and WHEREAS, the Agency has engaged in negotiations on several of the projects; and WHEREAS, the Agency has determined that promotional brochure is necessary to promote and advertise the various projects; and WHEREAS, there are sufficient funds in the fund balance of project Area "A" and the Alameda Project Area. NOW, THEREFORE, the Agency does hereby resolve as follows: Section 1. The Agency transfer from the Agency unappropriated fund balance from project Area "A" Tax Increment Fund. FROM Unappropriated Agency Fund 14 $7,500.00 TO Project Area "A" Fund 12-5016 $7,500.00 Section 2. The Agency transfer from the Agency unappropriated fund balance from Alameda Project Area Tax Increment Fund. FROM Unappropriated Agency Fund 24 TO Alameda Project Area Fund 22-5016 $7,500.00 $7,500.00 PASSED, APPROVED and ADOPTED by the Agency this 7th day of September, 1999. ~~ SANCHEZ, CHAIRMAN ATTEST: ~~ , ~ ~ .. Andrea Mooper~ Secre ary - ~ ~ - ~~ •Ralp av ;•-~ rim -~~ - Executive Director C~ ~--.-_ Agency Speci I Counsel C~ ~~a Gary Chicots,~ector Community Development H:word\redevel p\lou is\fu ndprom STATE OF CALIFORNIA ) ss. COUNTY OF LOS ANGELES ) I, the undersigned Secretary of the Lynwood Redevelopment Agency (LRA) do hereby certify that the above and foregoing resolution was duly adopted by the said Agency at a regular meeting thereof held in the -City Hall of the City of Lynwood on the 7th day of September 19 99 ,and passed by the following vote: AYES: MEMBERS BYRD, REA, RICHARDS, SANCHEZ NOES: NONE ABSENT: MEMBER REYES STATE OF CALIFORNIA COUNTY OF LOS ANGELES ~~ SECRETARY LYNWOOD REDEVELOPMENT AGENCY ss. I, the undersigned, Secretary of the Lynwood Redevelopment Agency, do hereby certify that the above and foregoing is a full, true and correct copy of Resolution No. LRA 99.45 on file in my office and that said resolution was adopted on the date and bti~ the vote therein stated. DATED this 7th day of September, 199„9; ~~~~ SECRETARY LYNWOOD REDEVELOPMENT AGENCY