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HomeMy WebLinkAbout2009 CC RESO 2009-160 CDCRESOLUTION NO. 2009 — 160 RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF NATIONAL CITY APPROPRIATING $92,000 FROM THE TAX INCREMENT UNDESIGNATED FUND BALANCE TO THE HIGHLAND AVENUE RESURFACING PHASE II PROJECT WHEREAS, during the mid -year budget adjustments, funds were released from the Highland Avenue Resurfacing Phase II Project ("Project"); and WHEREAS, the final reconciliation of the Project noted that a portion of the funds were still needed; and WHEREAS, an appropriation in the amount of $90,000 is requested from the Tax Increment Undesignated Fund Balance to the Highland Avenue Resurfacing Phase II Project for the payment of outstanding invoices, and to balance the expenditure account. NOW, THEREFORE, BE IT RESOLVED that the Community Development Commission of the City of National City hereby approves an appropriation in the amount of $92,000 from the Tax Increment Undesignated Fund Balance to the Highland Avenue Resurfacing Phase II Project for the payment of outstanding invoices, and to balance the expenditure account. PASSED and ADOPTED this 2nd day of June, 20 Ron Morrison, Chairman ATTEST: Bra • 'a , ecretary APPROVED AS TO FORM: George H. Eiser, III City Attorney Passed and adopted by the Community Development Commission of the City of National City, California, on June 16, 2009, by the following vote, to -wit: Ayes: Commissioners Morrison, Parra, Sotelo-Solis, Van Deventer, Zarate. Nays: None. Absent: None. Abstain: None. AUTHENTICATED BY: RON MORRISON Chairman, Community Development Commission Secre velopment Commission By: Deputy I HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of RESOLUTION NO. 2009-160 of the Community Development Commission of the City of National City, California, passed and adopted on June 16, 2009. Secretary, Community Development Commission By: Deputy