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LRA RESOLUTION 92- '11
A RESOLUTION OF THE LYNWOOD F
APPROVING AN AMENDMENT TO THE
FINANCIAL CONSULTING SERVICES
COREN & ASSOCIATES INCREASING
BY $25,000.00 AND APPROVING A
TO BOTH REDEVELOPMENT PROJECT
THE CHAIRMAN TO EXECUTE
:EDEVELOPMENT AGENCY
AGREEMENT FOR
WITH KATZ, HOLLIS,
THE ORIGINAL AMOUNT
BUDGET APPROPRIATION
AREAS AND AUTHORIZING
WHEREAS, on October 1, 1991 the Agency entered into an
agreement for financial consulting services with Katz, Hollis,
Coren & Associates ("Consultant") for an amount of $30,000.00`);
and
WHEREAS, the. actual need for the Consultant's services
.exceed the original projection; and
WHEREAS, the Agency has received sound professional
financial advice from Katz, Hollis for over 7 years; and
WHEREAS, funds appropriated under the current agreement
are depleted to a balance of $2,173.20; and
WHEREAS, the Agency wishes to maintain the current level
of services provided by Katz, Hollis, Coren and Associates;
NOW, THEREFORE, the Lynwood Redevelopment Agency does
hereby resolve as follows:
Section 1. The Agency approves an amendment to the
current agreement with Katz, Hollis, Coren, & Associates,
increasing the original contract amount by $25,000.00.
Section 2. The Agency approves the transfer of funds in
the sum totalling $25,000.00 from the following accounts:
FROM TO
12-5020 $12,500.00
22-5016 $ 2,500.00
22-5030 $ 5,000.00
22-5032 $ 5,000.00
12-5031 $12,500.00
22-5031 $ 2,500.00
22-5031 $ 5,000.00
22-5031 $ 5,000.00
Section 3. This resolution shall go into effect
immediately upon its adoption.
PASSED, APPROVED, and ADOPTED by the Lynwood
Redevelopment Agency at a regular meeting duly held on the 5th
day of May, 1992. ~_
ATTEST:
r S~r'U'z'
.Andrea L. Hooper, Sec etary
Lynwood Redevelopment Agency
APPROVED AS TO FORM:
sel
OU N , CHAIRMAN
Ly ood edevelopment Agency
APPROVED AS TO CONTENT:
Kenrick R. Kar f - ohnson
Community Development Director
NOTED AS TO CONTENT:
Alfretta Earnest
Director of Finance
commdev/admin/katzII.040992/rb
.r. ~. ,
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 resolution was duly adopted by the said Agency at
a regular
meeting thereof held in the City Aall
of the City of Lynwood on the 5th day of ~Y ,
19 92 , and passed by the following vote:
AYES : BYRD, REA, RI(~iARDS, WELLS, HEINE
NOES : NONEf
ABSENT: NONE
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 Pdo.
i,~ 92-11 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 ~Y , 19 92
Secretary
Lynwood Redevelopment Agency