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HomeMy WebLinkAboutReso 1974-7351 RESOLUTION NO. 7351 RESOLUTION OF THE CITY C~UNCIL OF THE CITY OF CHULA VISTA APPROVING THE BUDG T REQUEST OF THE REDEVELOPMENT AGENCY AND AUTHORIZING T E LOAN OF FUNDS TO THE RE- DEVELOPMENT AGENCY OF TH~ CITY OF CHULA VISTA FOR OPERATIONS FOR FISCAL YEAR 1974-75 The City Council of the rity of Chula Vista does hereby resolve as follows: , WHEREAS, the Redevelopme~t Agency of the City of Chula Vista, pursuant to the Cooperativei Agreement adopted by Resolution No. 7131, with the City of Chula V~sta has prepared its annual budget request for fiscal year 197~-75, which budget is contained in Exhibit 1, attached hereto, and' WHEREAS, said Cooperativ~ Agreement stipulates that the City will provide the Agency with pecessary funds and staff ser- vices for conducting redevelopment! activities, and WHEREAS, the Agency ther~in agrees to reimburse the loaned funds plus interest as welli as the cost of City provided staff services when the Agency gen~rates independent revenue, and WHEREAS, the total budget amount of $25,350 has been submitted. NOW, THEREFORE, BE IT RE~OLVED by the City the City of Chula Vista that the b~dget requested by opment Agency in the sum of $25,350 be, and the same approved. Council of the Redevel- is hereby BE IT FURTHER RESOLVED t~at the sum of $15,940 be appro- priated from the General Fund surp~us and $9,410 be reappropriated from the unexpended surplus availa~le in Special Revenue Fund 23, all of which sums shall be reimbur~ed to the City at such time as independent revenues are available. Presented by Approved as to form by ~~ndbe~g, Ci~y ADOPTED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF CHULA VISTA, CALIFORNIA, this 25th day 0 f June 1974, by the following vote, to wit: AYES: CounoLLmen Hobel, Hamilton, Egdahl, Scott NAYES: CounO'z: Lmen None ABSENT: Coun oi Lmen Hyde ABSTAIN: Couno'/-Lmen None .~~.~~(~ Mayor of ~he City of Chuta Vista (j ..~ ATTEST./-;/<n 7?Ct-_ /)1/ J:'~ .//. Ci~y CLerk (../ STATE OF CALIFORNIA COUNTY OF SAN DIEGO 88. CITY OF CHULA VISTA 1, JENNIE M. FULASZ, City CLerk of the City of ChuLa Vista, CaLiforn'/-a. DO HEREBY CERTIFY that the above and foregoing '/-s a fuLL, tpue and oorreot oopy of and 1;ha~ the same has not been amended or repeaLed. DATED: City CLerk (SEAL; { __I.J _. , I )>l