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R-446 FIN:CMD:BT:kfjresoraap Santa Monica, California Redevelopment Agency Meeting: June 28, 1994 RESOLUTION NO. 44h (Redevelopment Agency Series) A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF SANTA MONICA APPROVING ITS BUDGET FOR THE FISCAL YEAR 1994-95 WHEREAS, the proposed budget for the flscal year 1994-95 was submitted to the Redevelopment Agency as directed by Bectlon 33612 of the California Health and Safety Code; and WHEREAS, the Redevelopment Agency held a public hearing on sald budget after a notice of said budget hearing was publlshed not less than ten (10) days prior thereto; and WHEREAS, after said public hearing, the Redevelopment Agency considered further its proposed budget, NOW THEREFORE, THE REDEVELOPMENT AGENCY OF THE CITY OF SANTA MONICA RESOLVES AS FOLLOWS: SECTION 1. That the budget for the fiscal year 1994-95, as submitted by the Executive D~rector and revised by the Redevelopment Agency, wh~ch budget is ent~tled "City of Santa Monica, Proposed Budget, 1994-95", a copy of which budget is attached hereto, is hereby approved and adopted. In adopting said budget, the Redevelopment Agency intends to, and by this - 1 - Section does, adopt and approve the total operating appropriation, cons~sting of Salaries and Wages, Supplies and Expenses, and Capital Outlay major expend~ture categor~es, each program category of the Capital Improvements Budget, and the revenue detail, and does authorize the Executlve Director to allot as appropr~ated. SECTION 2. That a certlfied copy of said budget be filed with the Director of Finance/City Controller and with the City Clerk and certified copies of said budget be reproduced and made ava~lable for use as directed by Sect~on 1505 of the Charter of said C~ty. SECTION 3. That ~n adopting said budget, the Redevelopment Agency does hereby reappropr~ate the unencumbered balances and unexpended encumbrances of the 1993-94 Capital Improvements Budget in an amount not to exceed $1,397,685. SECTION 4. The Secretary shall certify to the adoption of thls Resolut~on, and thenceforth and thereafter the same shall be In full force and effect. APPROVED AS TO FORM: /J'U-vk~ ~Iw 'MARSHA JgNES MOUTRIE City Attorney - 2 - Adopted and approved this 28th day of June, 1994 /1/4M 7V Chair I hereby certify that the foregoing Resolul1on No 446 (RAS) was duly adopted at a meetmg of the Redevelopment Agency held on the 28th day of June, 1994 by the followmg vote. Ayes: Agency Member' Abdo, Genser, Greenberg, Holbrook, Olsen, Rosenstein, Vazquez Noes: Agency Member: None Abstam: Agency Member: None Absent Agency Member. None ATTEST- ~/-&~ -- Secretary