HomeMy Public PortalAbout99.016 LRALRA RESOLUTION NO. 99.16
A RESOLUTION OF THE LYNWOOD REDEVELOPMENT AGENCY
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 additional staff is necessary to
carry out the 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
$37,582.50
TO
Project Area "A"
Fund 12-5012
$37,582.50
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 22-5012
$37,582.50
$37,582.50
PASSED, APPROVED and ADOPTED by the Agency this 6th day of April, 1999.
.-,-~
RIC D SANCHEZ, CHA MAN
ATTEST:
'lam-C-~~..
Andrea Hooper, Secretary Ral vis, Interim
Executive Director
Agency Special Counsel
H:word\redevel p\lou is\fu ndstf
Gary Chicots, Di
Community Devl
Section 1. That the City Clerk shall certify to the adoption of this resolution and
shall deliver a certified copy thereof in his own records.
APPROVED and ADOPTED this 6th day of April, 1999.
ATTEST:
- ~ ~
ANDREA L. HOOPER, City Jerk
SANCHEZ, Mayor
I certify that the above and foregoing resolution was duly adopted by the City of
Lynwood at a regular meeting thereof held on the 6th day of April, 1999 and passed
by the following vote:
AYES: DIRECTOR BYRD, RICHARDS, SANCHEZ
NOES: DIRECTOR REYES
ABSENT: DIRECTOR REA
City Clerk
resolution/resobp
ti ,
STATE OF CALIFORNIA )
SS.
COUNTY OF LOS ANGELES )
I, the undersigned, City Clerk of the City of Lynwood, do hereby certify that the
foregoing resolution was passed and adopted by the City Council of the City of Lynwood
at a regular meeting held on the 6th, day of April, 1999.
AYES: DIRECTOR BYRD, RICHARDS, SANCHEZ
NOES: DIRECTOR REYES
ABSENT: DIRECTOR REA
City Clerk, City of Lynwood
STATE OF CALIFORNIA )
SS.
COUNTY OF LOS ANGELES )
I, the undersigned City Clerk of the City of Lynwood, and Clerk of the City
Council of said City, do hereby certify that the above and foregoing is a full, true and
correct copy of Resolution No. 99.16 on file in my office and that said resolution was
adopted on the date and by the vote therein stated.
Dated this 6th, day of April, 1999.
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City Clerk
resoluti/resobp