HomeMy WebLinkAboutResolutionRESOLUTION NO. 2013 —
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 fora 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 Ill;
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.
PASSED and ADOPTED this 2nd day of July, 2013.
Ron Morrison, Mayor
ATTEST:
Michael R. Dalla, City Clerk
APPROVED AS TO FORM:
Claudia Gacitua Silva
City Attorney