HomeMy Public PortalAbout2005.009 - LUARESOLUTION NO. 2005-009
A RESOLUTION OF THE LYNWOOD UTILITY AUTHORITY APPROVING
ADJUSTMENTS TO THE 2004-2005 AUTHORITY OPERATING BUDGET AND
DIRECTING THE TRANSFERS REQUIRED PURSUANT TO SUCH
ADJUSTMENTS
,~ WHEREAS, the Lynwood Utility Authority (the "LUA") entered into an Enterprise
Management Agreement (the "Agreement") with the City of Lynwood on or about November 1,
2003; and
WHEREAS, under the terms of the Agreement the LUA must pay the City all costs,
fees, taxes, and insurance associated with the operation of the Enterprise as the same are incurred
or become due; and
WHEREAS, an examination of the LUA records indicate that certain items part of the
LUA budget have remained at the same level for more than a decade of operation by the LUA or
its predecessor;
NOW, THEREFORE, THE LYNWOOD UTILITY AUTHORITY DOES HEREBY RESOLVE
AND DETERMINE AS FOLLOWS:
Section I. That the LUA 2004-2005 budget be revised to reflect an increase in the items
listed in Attachment "A" to this Resolution.
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Section 2. LUA hereby directs that the appropriate transfers reflected in Exhibit "A" be
made and the year-end funds position be adjusted to reflect said transfers for the current fiscal
vear.
Section 3. That this Resolution is to be given effect immediately upon adoption.
PASSED, APPROVED AND ADOPTED this 7th day of June, 2005.
ATTEST:
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ANDREA HOOPER, CITY CLERK
APPROVED AS TO FORM:
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ARNOLDO BELTRAN, CITY ATTORNEY
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 regulaz meeting held on the 7th day of June 2005.
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AYES: COUNCILMEN BYRD, PEDROZA, SANTILLAN, VASQUEZ AND RODRIGUEZ
NOES: ~ NONE
ABSENT: NONE
ABSTAIN: NONE
Andrea L. Hooper, City Clerk
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 certi that the above and foregoing is a full, true and
correct copy of Resolution No. 20 5.009 on file in my office and that said
Resolution was adopted on the date and by the vote therein stated.
Dated this 7th day of
June ,2005.
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Andrea L. Hooper, City Clerk
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