RDA Resolution 1999-04 RESOLUTION NO. RA 99-04
A RESOLUTION OF THE REDEVELOPMENT AGENCY APPROVING A
BUDGET FOR FISCAL YEAR 1999-2000
WHEREAS, each year the La Quinta Redevelopment Agency adopts a Budget
for Revenues and Expenditures for the upcoming Fiscal Year; and
WHEREAS, the La Quinta Redevelopment Agency desires to make provisions for
a level of services commensurate with the needs of the City; and
WHEREAS, the La Quinta Redevelopment Agency has reviewed said budget and
has had several public meetings to receive public input; and
WHEREAS, the La Quinta Redevelopment Agency has, after due deliberation and
consideration, made such amendments in the proposed budget as it considers
desirable; and
NOW, THEREFORE, BE IT RESOLVED by the La Quinta Redevelopment Agency
to adopt, as follows:
SECTION 1. The Fiscal Year 1999-2000 Budget which is on file with the La
Quinta Redevelopment Agency Secretary, is hereby approved.
SECTION 2. Continuing Appropriations which remain unspent and were
authorized by Council in Fiscal Year 1998-99, are approved in the Fiscal Year
1999-2000 Budget in an amount not to exceed ~684,351 (Attachment 1 ).
SECTION 3. Budget adjustment procedures are approved as follows:
A. Additional appropriations and the transfer of cash or
unappropriated fund balance from one fund to another shall be
made only upon Redevelopment Agency approval.
B. Transfers of budgeted appropriations between divisions or capital
projects shall be made only upon Redevelopment Agency approval.
C. Transfers of budgeted appropriations between accounts within a
division or capital project may be made with the approval of the
Executive Director or his designee.
Resolution No. RA 99-04
Budget/1999-2000
Adopted:July 20,1999
Page 2
SECTION 4. The Executive Director shall render a monthly report to the La
Quinta Redevelopment Agency on the status of Agency operations as it relates to the
approved budget and any amendments thereto.
PASSED, APPROVED and ADOPTED this 20th day of July, 1999, by the
following vote:
AYES: Members Adolph, Henderson, Pe~a, Sniff, Chair Perkins
NOES: None
ABSENT: None
ABSTAIN: None
RON PERKINS, Chairman
La Quinta Redevelopment Agency
ATTEST:
La Quinta Redevelopment Agency
APPROVED AS TO FORM:
DAWN C. H~NEYtLW~L, Attorney
La Quinta Redevelopment Agency