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HomeMy WebLinkAboutSA RES 12-07SUCCESSOR AGENCY TO THE TUSTIN COMMUNITY REDEVELOPMENT AGENCY RESOLUTION NO. 12 -07 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUSTIN, CALIFORNIA, ACTING AS SUCCESSOR AGENCY TO THE TUSTIN COMMUNITY REDEVELOPMENT AGENCY, ADOPTING THE BUDGET AND APPROPRIATING FROM THE ANTICIPATED REVENUES OF THE SUCCESSOR AGENCY FOR THE FISCAL YEAR 2012 -2013 WHEREAS, in accordance with Section 1415th of the Tustin City code, the City Manager has prepared and submitted to the City Council a Proposed Annual Budget for the 2012 -2013 fiscal year, beginning July 1, 2012; and WHEREAS, the City Council, as the legislative body of the Successor Agency to the Tustin Community Redevelopment Agency, has reviewed this proposed budget; WHEREAS, the Successor Agency is limited to paying enforceable obligations that have been approved by the Oversight Board and State Department of Finance on the Recognized Obligation Payment Schedule; r NOW, THEREFORE, the City Council of the City of Tustin acting as the Successor Agency to the Tustin Community Redevelopment Agency hereby resolves, determines, and orders as follows: SECTION 1. A certain document is on file in the office of the City Clerk of the City of Tustin, being marked and designated "City of Tustin Proposed Budget 2012- 2013". Said document, as prepared by the City Manager and reviewed and adjusted by the Commissioner, is hereby adopted for the fiscal year commencing July 1, 2012; SECTION 2. The Recognized Obligation Payment Schedule for July through December 2012 has been approved by the Oversight Board and State Department of Finance and posted on the City of Tustin website (www.tustinca.org); SECTION 3. The following sums of money are hereby appropriated from the anticipated revenues of the Successor Agency to the Tustin Community Redevelopment Agency for the 2012 -2013 fiscal year. Resolution 12 -07 Page 1 of 2 SUCCESSOR AGENCY Approved Recognized Obligation Payment Schedule for July through December 2012 Personnel Operations Debt Service TOTAL $ 299,652 3,317,951 6,119,912 $ 9,737,515 PASSED AND ADOPTED at a regular meeting of the Successor Agency to the Tustin Community Redevelopment Agency held on the 3d day of.July, 2012. ATTEST: _77 JOHN"NIELSEN, - Mayor on behalf of the Successor Agency PAMELA STOKER, City Clerk on behalf of the Successor Agency STATE OF CALIFORNIA ) COUNTY OF ORANGE ) SS CITY OF TUSTIN 1, Pamela Stoker, City Clerk of the City of Tustin, California, acting as the Successor Agency for the Tustin Community Redevelopment Agency, do hereby certify that the whole number of the members of the Successor Agency is five; that the above and foregoing Resolution No. 12-07 was duly assessed and adopted at a regular meeting held on the 3rd day of July, 2012, by the following vote: AGENCYMEMBER AYES: -Nielsen, Murray, Amante, Gavello, Gomez— (5) AGENCYMEMBER NOES: None (0) AGENCYMEMBER ABSTAINED: -None (0) AGENCY-MEMBER ABS FT: ", T: None (0) '61 NAELA STOKER, City Clerk on behalf of the Successor Agency Resolution 12-07 Page 2 of 2 - I MEMO' INNER