HomeMy WebLinkAbout82-42 - ResolutionsRESOLUTION NO. 82-42
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO
CUCAMONGA, CALIFORNIA APPROVING A RANCHO CUCAMONGA
REDEVELOPMENT AGENCY BUDGET FOR FISCAL YEAR 1981-1982
AND LOANING FUNDS TO THE RANCHO CUCAMONGA REDEVELOPMENT
AGENCY.
WHEREAS, the City Council, in accordance with the provisions
of the California Community Redevelopment Law, has created a Community
Redevelopment Agency Administrative Fund for the purpose of accounting
for administrative expenses of the Rancho Cucamonga Redevelopment Agency
and funds advanced therefore by the City Council; and
Cucamonga
Funds.
WHEREAS, the City Council desires to loan funds to the Rancho
Redevelopment Agency from the City of Rancho Cucamonga Reserve
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City
of Rancho Cucamonga as follows:
Section 1: That $50,000 is hereby appropriated from
Reserves to the Community Redevelopment Agency Adminis-
trative Fund for administrative costs as they apply to
the Rancho Cucamonga Redevelopment Agency in accordance
with that Agency's approved budget for Fiscal Year 1981-
1982.
Section 2: That the budget of the Rancho Cucamonga Re-
development Agency for Fiscal Year 1981-1982, as attached
to this Resolution, is hereby approved in the following
amounts:
ACTIVITY
FUND ACTIVITY APPROPRIATION
Community Redevelopment
Agency Administrative Fund Administration $120,000
PASSED, APPROVED and ADOPTED this 3rd day of March, 1982.
AYES: Frost, Mikels, Palombo, Bridge, Schlosser
NOES: None
ABSENT: None
Phil~D~ Schlos~er, Mayor
ATTEST:
Lauren M. Wass~rman, City Clerk