R-471
FI N: CM D :br/f:\finance\budget\obbudrev\O 1 02\finalchg\sradopt. wpd
Redevelopment Agency Meeting: June 19, 2001
Santa Monica, California
RESOLUTION NO. 471 iRAS)
(Redevelopment Agency Series)
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF SANTA
MONICA APPROVING ITS BUDGET FOR THE FISCAL YEAR 2001-02
WHEREAS, the proposed budget for the fiscal year 2001-02 was submitted to the
Redevelopment Agency as directed by Section 33612 of the California Health and Safety
Code; and
WHEREAS, the Redevelopment Agency held a public hearing on said budget after
a notice of said budget hearing was published 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. The budget as submitted by the Executive Director and revised by
the Redevelopment Agency, entitled "City of Santa Monica, Proposed Budget, 2001-02"
(Budget), is hereby approved and adopted. In adopting the Budget, the Redevelopment
Agency intends to, and by this Section does, adopt and approve the total operating
- 10-
appropriation, consisting of Salaries and Wages, Supplies and Expenses, and Capital Outlay
major expenditure categories, each program category of the Capital Improvements budget, and
the revenue detail. The Executive Director is authorized to allot as appropriated. A copy of the
Budget is attached hereto as Exhibit A.
SECTION 2. The schedule attached hereto as Exhibit B entitled "Fiscal Year
2001-02 Schedule of Redevelopment Reimbursements to the General and Pier Fund",
constitutes indebtedness in accordance with California Health and Safety Code Sections 33670
ET. SEO. of Project Areas so indicated, and replaces for fiscal year 2001-02 Exhibit 1 to the
Reimbursement Agreement entered into between the Redevelopment Agency and the City on
November 22, 1994.
SECTION 3. A certified copy of the Budget shall be filed with the Director of
Finance/City Controller and with the City Clerk, and certified copies of the Budget shall be
reproduced and made available for use as directed by Section 1505 of the Charter of said City.
SECTION 4. In adopting the Budget, the Redevelopment Agency does hereby
reappropriate the unencumbered balances and unexpended encumbrances of the fiscal year
2000-01 Capital Improvements budget in an amount not to exceed $15,163,780.
SECTION 5. The Secretary shall certify to the adoption of this Resolution, and
thenceforth and thereafter the same shall be in full force and effect.
- 11 -
APPROVED AS TO FORM:
/rlf{ ,~0 -itl / ~ /11 ('rl +t-~ .
MAR A JON~, MOUTRlff
City Attorney
- 12 -
Adopted and approved this 19th day of June, 2001.
I, Maria M. Stewart, City Clerk of the City of Santa Monica, do hereby
certify that the foregoing Resolution No. 471 (RAS) was duly adopted at a joint
meeting of the Santa Monica City Council and the Redevelopment Agency held
on the 19th day of June, 2001, by the following vote:
Ayes: Agency members:
O'Connor, McKeown, Genser, Katz, Chair
Pro T em Bloom
Noes: Agency members:
Holbrook, Chair Feinstein
Abstain: Agency members:
None
Absent: Agency members:
None
ATTEST:
\~~.~
Maria M. Stewart \.