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R-250ATTACHMENT E4 City Council Meeting 6-15-10 RESOLUTION NO. 250 {PAS} (PARKING AUTHORITY SERIES} Santa Monica, California A RESOLUTION OF THE PARKING AUTHORITY OF THE CITY OF SANTA MONICA APPROVING ITS BUDGET FOR THE FISCAL YEAR 2010-11 WHEREAS, the proposed budget for the fiscal year 2010-11 was submitted to the Parking Authority not Tess than thirty-five (35} days prior to July 1, 2010; and WHEREAS, the Parking Authority held a public hearing on said budget afters notice 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 budgetassubmitted by the Executive Directorand revised by the Parking Authority, entitled "City of Santa Monica, Proposed Budget, 2010-11" {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 Salaries and Wages and Supplies and Expenses {including Capital Outlay} major expenditure categories, Capital Improvements budget, and the revenue detail. The 1 Executive Director is authorized to allot as appropriated. A copy of the Budget is attached hereto as Exhibit A. SECTION 2. A certified copy of the Budget shall be filed with the Director of Finance 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. 3. In adopting the Budget, the Parking Authority does hereby re- appropriate the unencumbered balances and unexpended encumbrances of the fiscal year 2008-09 Capital Improvements budget in an amount not to exceed $1,009,196. SECTION 4. The Secretary shall certify to the adoption of this Resolution, and thenceforth and thereafter the same shall be in full force and effect. APPROVED AS TO FORM: the Parking Authority 2 Adopted and approved this 15'" day of June, 210. -- Chair 1; Maria M: Stewart, City Clerk of the City of Santa Monica, do hereby certify Resolution No. 250 (PAS) was duly adopted at a joint meeting of the Santa Monica City Council and the Parking Authority Series held on the 15t" day of June, 2010, by the following vote: Ayes: Agency members: Bloom, Davis, Holbrook, McKeown, O'Day Chair Shriver, Chair Pro Tem O'Connor Noes: Agency members: None Abstain: Agency members: None ,~ Absent Agency members: Shriver ATTEST: o..~"' Maria M. Stewart, ency Secretary