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HomeMy WebLinkAboutCC RESO 2013-108RESOLUTION NO. 2013 — 108 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NATIONAL CITY AUTHORIZING A FISCAL YEAR 2013 BUDGET ADJUSTMENT BY RATIFYING THE ESTABLISHMENT OF A GENERAL FUND REVENUE BUDGET OF $2,711,363.80 AND AN INCREASE OF $2,711,363.80 TO THE GENERAL FUND CAPITAL IMPROVEMENT PROGRAM APPROPRIATION TO ACCOUNT FOR FUNDS RECEIVED FROM THE SUCCESSOR AGENCY TO THE COMMUNITY DEVELOPMENT COMMISSION AS THE NATIONAL CITY REDEVELOPMENT AGENCY FOR THE CITY OF NATIONAL CITY PURSUANT TO AND CONSISTENT WITH SPECIFIC ITEMS APPROVED ON RECOGNIZED OBLIGATION PAYMENT SCHEDULE III WHEREAS, on June 26, 2013, the Fiscal Year 2013 revenue budget was created in the General Fund and the General Fund Capital Improvement Program appropriation was increased to account for a June 26, 2013 payment of $2,711,363.80 received from the Successor Agency to the Community Development Commission as the National City Redevelopment Agency for the City of National City for the City of National City pursuant to and consistent with specific items approved on the Recognized Obligation Payment Schedule III; and WHEREAS, the City is the payee on these specific line items and is obligated to carry out those obligations; and WHEREAS, staff seeks ratification of this action by the City Council. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of National City hereby authorizes a Fiscal Year 2013 budget adjustment by ratifying the establishment of a General Fund revenue budget of $2,711,363.80 and an increase of $2,711,363.80 to the General Fund Capital Improvement Program appropriation to account for funds received from the Successor Agency to the Community Development Commission as the National City Redevelopment Agency for the City of National City pursuant to and consistent with specific items approved on Recognized Obligation Payment Schedule III. ATTEST: PASSED and ADOPTED this 2nd day of July, 2013. R Morrison, Mayor e Mich l R. Dalla, Ci Clerk PROVED AS O FORM: dia City Atto acitua Silva y Passed and adopted by the Council of the City of National City, California, on July 2, 2013 by the following vote, to -wit: Ayes: Councilmembers Cano, Morrison, Natividad, Rios, Sotelo-Solis. Nays: None. Absent: None. Abstain: None. AUTHENTICATED BY: RON MORRISON Mayor of the City of National City, California '+ A tiona CI k of the City of City I City, California By: Deputy I HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of RESOLUTION NO. 2013-108 of the City of National City, California, passed and adopted by the Council of said City on July 2, 2013. City Clerk of the City of National City, California By: Deputy