HomeMy WebLinkAbout94-05 RDA ResolutionRESOLUTION NO. RDA 94-05
A ~LUTION OF THE REDEVELOPMENT AGENCY OF
THE CITY OF TEMECULA ADOPTING THE ANNUAL
OPERATING BUDGET FOR FISCAL YEAR 1994-95 FOR
THE TEMECULA REDEVELOPMENT AGENCY FUNDS
WI~EREAS, the Temecula Redevelopment Agency Board of Directors have reviewed the
proposed final Operating Budget for fiscal year 1994-95, and
NOW, THERE~, BE IT RESOLVED by the Temecula Redevelopment Agency as
follows:
Section 1. That the following controls are hereby placed on the use and transfers of
budget appropriations:
A. No expenditure of funds shall be made unless there is an unencumbered appropriation
available to cover the expenditure.
B. The Department Director may prepare a transfer of appropriations within departmental
budget accounts up to $10,000 per transfer, with the approval of the City Manager.
C. The City Manager may authorize expenditures of funds in amounts up top $10,000.
Any expenditure of funds in excess of $10,000 requires City Council action.
PASSED, APPROVED AND ADOPTED this 28th day of June, 1994.
Ronald J. Parks, Chairperson
AT'FEST:
J n~, City Cierk/~gency Secretary
[SEAL]
Resos.RDA\94-05 1
STATE OF CALIFORNIA)
COUNTY OF RIVERSIDE)
CITY OF TEMECULA)
SS
I I-1FRERY CERTIFY that the foregoing Resolution No. RDA 94-05 was duly adopted by
the Board of Directors of the Temecula Redevelopment Agency at a regular meeting thereof, held
on the 28th day of June, 1994, by the following vote of the Board of Directors:
AYES: 4
AGENCY MEMBERS: Birdsall, Mufioz, Roberts, Parks
NOES:
0 AGENCY MEMBERS: None
ABSENT:
0 AGENCY MEMBERS: None
ABSTAINED: 1
AGENCY MEMBERS: Stone
J~. Greek, City Clerk/Agency Secretary
Resos.RDA\94-05