HomeMy WebLinkAboutRDA Reso 2006-1960
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RDA RESOLUTION NO. 2006-1960
(CITY COUNCIL RESOLUTION NO. 2006-326)
JOINT RESOLUTION OF THE CITY COUNCIL AND THE
REDEVELOPMENT AGENCY OF THE CITY OF CHULA
VISTA AMENDING FISCAL YEAR 2005/2006 BUDGET FOR
THE TOWN CENTER II, AND ADDED AREA PORTION OF
FUND 651, IN ACCORDANCE WITH THE BUDGET
TRANSFER POLICY
WHEREAS, the Council Policy on Financial Reporting and Transfer Authority indicates
that all departments complete the fiscal year with a positive balance in each budget summary
category (Personnel Services, Supplies and Services, Other Expenses and Capital); and
WHEREAS, the Council Policy established in January 1996 indicates that no department
shall end the fiscal year with a negative balance in any budget summary category; and
WHEREAS, the RDA Merged Project fund exceeded the Other Expenses category
because of the payment to the County of San Diego for AB 1290, repayment of advances to the
Bayfront Project area and for greater than anticipated staff time charges ($261,500); and
WHEREAS, there are sufficient savings in the Services and Supplies category to offset
the overage.
NOW, THEREFORE, BE IT RESOLVED that the City Council and the Redevelopment
Agency of the City of Chu1a Vista do hereby amend the Fiscal Year 2005/2006 budget for the
Town Center II and added area portion of Fund 651, in accordance with the Budget Transfer
Policy as identified on Attachment A.
Presented by
Approved as to form by
~C~~~'[~~
Ann Moore
Agency Counsel/City Attorney
achadoorian
Treasurer/Finance Director
RDA Resolution No. 2006-1960
Page 2
PASSED, APPROVED, and ADOPTED by the Redevelopment Agency and the City
Council of the City of Chula Vista, California, this 24th day of October 2006, by the following
vote:
.-..
AYES:
Agency/Councilmembers: Castaneda, Chavez, McCann, and Padilla
NAYS:
Agency/Councilmembers: None
ABSENT:
Agency/Councilmembers: None
ABSTAIN: Agency/Councilmembers:
tephen C. Padilla, Chair/Mayor
ATTEST:
~~ -?-/
Dana M. Smith, Secretary
-.
STATE OF CALIFORNIA
COUNTY OF SAN DIEGO
CITY OF CHULA VISTA
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)
I, Dana M. Smith, Secretary of the Redevelopment Agency of the City of Chula Vista,
California, do hereby certify that the foregoing Redevelopment Agency Resolution No. 2006-
1960/City Council Resolution No. 2006-326 was duly passed, approved, and adopted by the
Redevelopment Agency and Chula Vista City Council at a regular meeting held on the 24th day
of October 2006.
Executed this 24th day of October 2006.
~o/ /~
Dana M. Smith, Secretary
-,
RDA Resolution No. 2006-1960
Page 3
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