HomeMy WebLinkAboutRDA Reso 2010-2024RDA RESOLUTION NO.2010-2024
RESOLUTION OF THE REDEVELOPMENT AGENCY OF
THE CITY OF CHULA VISTA APPROVING THE SPENDING
PLAN FOR THE OPERATING AND CAPITAL
IMPROVEMENT BUDGET FOR THE REDEVELOPMENT
AGENCY FOR THE SOUTHWEST/TOWNE CENTER II/OTAY
VALLEY/ADDED AREAS PROJECT AREA FOR THE FISCAL
YEAR ENDING JUNE 30, 2011
WHEREAS, the City Council considered and approved the Spending Plan for the General
Fund at the April 13, 2010 Council Meeting; and
WHEREAS, the Spending Plan for All Funds for Fiscal Year 2010/2011 reflects a $321.6
million expenditure budget and $304.3 million in anticipated revenues; and
WHEREAS, the Spending Plan for All Funds for Fiscal Year 2010/201 ] reflects the City
Manager's recommended allocation of resources for the coming fiscal year and takes into account
the continued impact of the economic recession; and
WHEREAS, the proposed Spending Plan For All Funds includes $21.6 million in funding
for Capital Improvement Projects; and
WHEREAS, the City Council will consider final adoption of the City Manager's Proposed
Fiscal Year 2010/2011 Budget on June 8, 2010.
NOW, THEREFORE, BE IT RESOLVED that the Redevelopment Agency of the City of
Chula Vista does hereby approve the Fiscal Year 2010/2011 Spending Plan for the Operating and
Capital Improvement Budget for the Redevelopment Agency for the Southwest/Towne Center
II/Otay Valley/Added Area Project Area.
Presented by Approved as to form by
Maria I' chadoorian
Director of Finance/Treasurer
RDA Resolution No. 2010-2024
Page 2
PASSED, APPROVED, and ADOPTED by the Redevelopment Agency of the City of
Chula Vista, California, this 25th day of May 2010, by the following vote:
AYES: Agency Members: Bensoussan, Castaneda and Cox
NAYS: Agency Members: None
ABSENT: Agency Members: None
ABSTAIN: Agency Members: Ramirez and Thompson
J
Cheryl Coy Ch irperson
ATTEST:
G''~2~
Eric Crockett, Secretary
STATE OF CALIFORNIA
COUNTY OF SAN DIEGO
CITY OF CHULA VISTA
I, Eric Crockett, Secretary of the Chula Vista Redevelopment Agency, do hereby certify that the
foregoing RDA Resolution No. 2010-2024 was duly passed, approved, and adopted by the
Redevelopment Agency at a regulaz meeting held on the 25th day of May 2010.
Executed this 25th day of May 2010.
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Eric Crockett, Secretazy