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HomeMy Public PortalAbout99.048 LRARESOLUTION NO. g 9 , q.g A RESOLUTION OF THE LYNWOOD REDEVELOPMENT AGENCY OF THE CITY OF LYNWOOD ADOPTING THE ANNUAL OPERATING BUDGET FOR FISCAL YEAR 1999-2000 WHEREAS, the Executive Director has submitted a Proposed Annual Operating Budget for the Fiscal Year 1999-2000; and WHEREAS, the Agency Board Members have reviewed the Proposed Budget; and WHEREAS, the Agency Board Members held several budget workshops to discuss the Annual Operating Budget; and WHEREAS, a copy of the Proposed Budget was made available for Public review in the City Clerk's Office. NOW, THEREFORE, the Agency Chairman and Board Members of the Lynwood Redevelopment Agency do hereby find, order, and resolve as follows: Section 1. The Annual Operating Budget for the Fiscal Year 1999-2000 is hereby approved. Section 2. The Executive Director, or his designee is hereby authorized to approve any transfer between accounts, provided that: 1) They are within the same general group of accounts. 2) They are within the same fund. 3) They do not exceed $10,000 per transfer. Section 3. This resolution shall go into effect immediately upon its adoption. PASSED, APPROVED AND ADOPTED this 1 s t day of October 1999. ` '~1~ RICf/ARDO SANCHEZ, CHAD ~ynwood Redevelopment Agency ATTEST: //9 a ~-;~r~~ Andrea L. Hooper Secretary APPROVED AS TO FORM: APPROVED AS TO CONTENT: ~~; ~- , ~~ Alfre F. Earnest Director of Finance & Administration Aailename:LRABGRPT N 9 STATE OF CALIFORNIA ) ss. COUNTY OF LOS ANGELES ) ~' a 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 lst, day of October , 19 99 ,and passed by the following vote: AYES: MEMBERS BYRD, REA, RICHARDS, SANCHEZ NOES: MEMBER REYES ABSENT: SECRETARY LYNWOOD REDEVELOPMENT AGENCY STATE OF CALIFORNIA ) ss. COUNTY OF LOS ANGELES ) 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 ~q aR the vote therein stated. DATED this 1st day of October , 1999 (~ / tL.i~ SECRETARY LYNWOOD REDEVELOPMENT AGENCY on file in my office and that said resolution was adopted on the date and b~