HomeMy WebLinkAbout98-10 RDA ResolutionRESOLUTION NO. RDA 98-10
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF
THE CITY OF TEMECULA ADOPTING THE FY 1998-99
ANNUAL OPERATING BUDGET AND ESTABLISHING
CONTROLS ON CHANGES IN APPROPRIATIONS
WHEREAS, the Board of Directors of the Temecula Redevelopment Agency has reviewed
the proposed final FY 1998-99 annual operating budget and has held such public meetings as are
necessary prior to adoption of the final operating budget.
NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the Temecula
Redevelopment Agency as follows:
Section 1. That the FY 1998-99 RDA operating budget is hereby adopted.
Section 2. 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, with the approval of the Executive Director.
C. The Agency Members must authorize transfers (appropriations) of funds from
the Unreserved Fund Balance and transfers between departmental budget accounts.
D. The Agency Members must authorize any increase in regular personnel
positions above the level indicated in the final budget. The Executive Director may authorize the
hiring of temporary or part time staff as necessary within the limits imposed by the controls listed
above.
E. The Executive Director may authorize expenditures of funds in amounts up to
$25,000. Any expenditure of funds in excess of $25,000 requires Agency Member action.
F. Pursuant to Section 3.32.050 of the Temecula Municipal Code, the Executive
Director may authorize Public Works contracts in amounts up to $25,000. Any expenditures of
Public Works funds in excess of $25,000 require Agency Member action, except that the
Executive Director may approve change orders on Public Works contracts approved by the
Agency Members in amounts up to project contingency established by the Agency Members.
Section 3. Outstanding encumbrances shown on the Agency books at June 30, 1998, are
R;resos.rda98-10 1
hereby appropriated for such coreracts or obligations for 1998-99.
Section 4. The Agency Secretary shall certify adoption of the resolution.
PASSED, APPROVED AND ADOPTED, by the Board of Directors of the Temecula
Redevelopment Agency this 23rd day of June, 1998.
ATTEST:
~Susan]W. Jones, FMC /
A'~fiJnng Agency SeCretary/City Clerk
[SEAL]
STATE OF CALIFORNIA)
COUNTY OF RIVERSIDE) ss
CITY OF TEMECULA)
I, Susan W. Jones, Acting Agency Secretary of the Temecula Redevelopment Agency, do
hereby certify that the foregoing Resolution No. RDA 98-10 was duly and regularly adopted by
the Board of Directors of the Temecula Redevelopment Agency at a regular meeting thereof held
on the 23rd day of June, 1998, by the following vote:
AYES: 5
AGENCY MEMBERS:
Comerchero, Ford, Roberts, Stone,
Lindemans
NOES'
0 AGENCY MEMBERS: None
ABSENT: 0 AGENCY MEMBERS' None
Su es, CMC
P~c'lSn~ Agency Secr._eLaD//City Clerk
R;resos.rda98-10