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R-25 CM:MS:bp Authority Mtg: June 17, 1986 e . RESOLUTION NO. 25(HAS) (Hous1ng Author1ty Series) A RESOLUTION OF THE HOUSING AUTHORITY OF THE CITY OF SANTA MONICA APPROVING THE BUDGET FOR THE FISCAL YEAR 1986-1987 WHEREAS, the proposed budget for the f1scal year 1986-1987 was submitted to the Housing Author1ty thirty-five (35) days prior to July 1, 1986: and WHEREAS, the Hous1ng Authority held a public hear1ng on sa1d budget after a not1ce of sa1d budget hear1ng was published not less than ten (10) days pr10r thereto: and WHEREAS, after sa1d publ1C hear1ng, the Housing Author1ty cons1dered further 1tS proposed budget: NOW THEREFORE, THE HOUSING AUTHORITY OF THE CITY OF SANTA MONICA RESOLVES AS FOLLOWS: SECTION 1. That the budget for the fiscal year 1986-87 as submitted by the Clty Manager and reviewed by the Hous1ng Author1ty which budget is ent1tled "City of Santa Monica, Proposed Budget, 1986-1987", a copy of which budget 1S attached hereto, 1S hereby approved and adopted. In adopt1ng sald budget, the Housing Authority intends to and by this Sect10n does adopt and approve the total operating appropr1at1on, cons1st1ng of Salar1es, the cap1tal 1mprovements budget and the revenue detail, and does authorize the City Manager to allot as appropriated. 1 . . SECTION 2. That ~n adopting sa~d budget, the Housing Authorlty does hereby reappropr~ate the 1985-86 Cap~tal Improvements Budget unencumbered balances and unexpended encumbrances in an amount not to exceed $120,000. SECTION 3. That a certlfied copy of said budget be flled wlth the Director of Flnance/City Controller and wlth the C~ty Clerk and certif~ed coples of sa~d budget be reproduced and made aval1able for use as d~rected by Sectlon 1505 of the Charter of sald C~ty. SECTION 4. The Clty Clerk shall certify to the adoptlon of this resolutlon and thenceforth and thereafter the same shall be in full force and effect. APPROVED AS TO FORM: ~It '-~ ~- Robert-M. Myers \) Clty Attorney 2 .. . . ADOPTED AND APPROVED thlS 17th day of June 1986. til~' / ~ 5Z /} (! /_/t~ ~ ((- h~_ I CHAIRMAN ATTEST: JeL JdL- Secretary Pro Tempore I hereby certify that the foregolng resolutIon was duly adopted by the HousIng AuthorIty of the CIty of Santa Monica at a meetlng thereof t held on 17 day of June 1986 by the followlng vote of the AuthorIty: AYES: Member: EpsteIn, Conn, Jennlngs, A. Katz, H. Katz, Zane, and Mayor Reed NOES: Member: None ABSENT: Member: None ATTEST: ~~~ Secretary Pro Tempore ~r~-~-