HomeMy Public PortalAbout2009.031 - LRA (06-09-09)RESOLUTION NO. 2009.031
A RESOLUTION OF LYNWOOD REDEVELOPMENT AGENCY ADOPTING
THE FISCAL YEAR 2009-2010 BUDGET
WHEREAS, the Board of Directors for the Lynwood Redevelopment
Agency (LRA) reviewed the Executive Director's Fiscal Year 2009-2010
Proposed budget for the LRA, attached herein and made a part of this resolution
through this reference; and
WHEREAS, the agenda for the June 9, 2009 meeting of the Lynwood
Redevelopment Agency were duly posted, and the Executive Director's FY 2009-
2010 Proposed Budget and all related agenda material were made available to
the interested parties.
NOW, THEREFORE, THE LYNWOOD REDEVELOPMENT AGENCY
DOES HEREBY RESOLVE AND DETERMINE AS FOLLOWS:
Section 1. The Lynwood Redevelopment Agency budget for Fiscal Year
2009-2010 is hereby adopted as presented in the Executive Director's FY 2009-
2010 Proposed Budget.
Section 2. That the Agency finds that the planning and administrative
expenses are necessary for the production, improvement or preservation of low-
and moderate income housing and that the amount of money that will be spent
for planning and general administrative activities associated with the
development, improvement and preservation of that housing is not
disproportionate to the amount that will actually be spent for the costs of
production, improvement, or preservation of that,housing.
Section 3. The Executive Director or his designee is hereby authorized
to approve any transfer between accounts, provided that they are within the
same department and the same fund.
PASSED, APPROVED AND ADOPTED this 9~h day of June 2009.
Maria T. Santillan
Chair
ATTEST:
Maria Quinonez
Secretary
APPROVED AS TO FORM:
Fred Galante
Agency Counsel
STATE OF CALIFORNIA )
SS.
COUNTY OF LOS ANGELES )
APPROVED AS TO CONTENT:
Roger L. Hale
Executive Director
I, the undersigned, Secretary of the Lynwood Redevelopment Agency, do
hereby certify that the foregoing Resolution was passed and adopted by the
Agency at its regular meeting held on the 9~" day of June, 2009.
AYES: MEMBER FLORES, MORTON, RODRIGUEZ, CASTRO AND
SANTILLAN
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE
i
Maria Quinonez, ecretary
STATE OF CALIFORNIA )
SS.
COUNTY OF LOS ANGELES )
I, the undersigned, Secretary of the Lynwood Redevelopment Agency, do
hereby certify that the above foregoing is a full, true and correct copy of
Resolution No. 2009.031 on file in my office and that said Resolution was
adopted on the date and by the vote therein stated. Dated this 9r"day of June,
2009.
~ '_'
Maria Quinonez, ecretary