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R-227 FIN:CMD:BT:br:f\admin\stfrpts\resopaap.97 Parking Authority Meeting: June 25, 1996 Santa Monica, California RESOLUTION NO. 227 (Parking Authority Series) A RESOLUTION OF THE PARKING AU'.L'uORITY OF THE CITY OF SANTA MONICA APPROVING ITS BUDGET FOR THE FISCAL YEAR 1996-97 WHEREAS, the proposed budget for the fiscal year 1996-97 was submitted to the Parking Authority thirty-five (35) days prior to July 1, 1996; and WHEREAS, the Parking Authority held a public hearing on said budget after a not~ce of said budget hearing was published not less than ten (10) days prior thereto; and WHEREAS, after said public hearing, the Parking Authority considered further its proposed budget, NOW THEREFORE, THE PARKING AUTHORITY OF THE CITY OF SANTA MONICA RESOLVES AS FOLLOWS: SECTION 1. The budget as submitted by the Executive Director and revised by the ParkJ.ng Authority, entitled "City of Santa Monica, Proposed Budget, 1996-97" (Budget), is hereby approved and adopted. In adopting the Budget, the Parking Authority intends to, and by this Section does, adopt and approve the total operating appropriation, consisting of SalarJ.es and Wages, Supplies and Expenses, and Capital Outlay maj or expenditure categories, each program category of the Capi tal Improvements budget, and the revenue detail. The Executive - 65 - D1rector 16 authorized to allot as approprlated. A copy of the Budget is attached hereto as Exhibit A. SECTION 2 . A certified copy of the Budget shall be filed with the Dlrector of Finance/City Controller and with the City Clerk, and certlfled copies of the Budget shall be reproduced and made avallable for use as directed by Section 1505 of the Charter of said City. SECTION 3 . In adopting the Budget, the Parking Authority does hereby reappropriate the unencumbered balances and unexpended encumbrances of the 1995-96 Capital Improvements budget in an amount not to exceed $43,600. SECTION 4 . The Secretary shall certify to the adoption of thlS Resolution, and thenceforth and thereafter the same shall be in full force and effect. APPROVED AS TO FORM; bL,Lj~Aa MARSHA J~ES MbUTRIE City Attorney - 66 - Adopted and approved thIS 25th day of June. 1996 Q~ ChaIT 1 hereby certIfy that the foregomg ResolutIOn No 227 (PAS) was duly adopted at a meetmg of the Parkmg Authonty held on the 25th day of June, 1996 by the foUov\'lng vote Ayes Agency Member Abdo, Genser. Greenberg. Holbrook. O'Connor. Rosenstem Koes Agency Member None Abstam Agency Member None Absent Agency Member Ebner ATTEST \~~.~ Secretary