HomeMy WebLinkAbout2009-01-27; Housing & Redevelopment Commission; Resolution 463Exhibit 4
1 RESOLUTION NO. 463
2 A RESOLUTION OF THE HOUSING AND
REDEVELOPMENT COMMISSION OF THE CITY OF
3 CARLSBAD, CALIFORNIA, ADOPTING OPERATING
4 BUDGET REDUCTIONS FOR THE FISCAL YEAR 2008-09
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WHEREAS, the Housing and Redevelopment Commission of the City of
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Carlsbad, California has received a presentation regarding the impact of the slowing
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economy on the City of Carlsbad's projected revenues for Fiscal Year 2008-09; and8
WHEREAS, the Housing and Redevelopment Commission of the City of
10 Carlsbad, California desires to be proactive through this economic uncertainty; and
11 WHEREAS, the Housing and Redevelopment Commission of the City of
12 Carlsbad, California has reviewed proposed Operating Budget Reductions for Fiscal
13 Year 2008-09.
14 NOW, THEREFORE, BE IT RESOLVED by the Housing and Redevelopment
15 Commission of the City of Carlsbad, California, as follows:
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1. That the above recitations are true and correct.
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2. That the Carlsbad Housing and Redevelopment Commission's budget is
19 hereby reduced by the amount of $64,923 designated as Non-General Fund Operating
20 Budget Reductions (Exhibit 1).
21 3. That the Finance Director is hereby directed to reflect these adjustments
22 in the Fiscal Year 2008-09 budget appropriation for the department or fund for which
23 they are designated.
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4. That total adjusted appropriations for each fund may only be increased or
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decreased by the City Council by the adoption of a resolution amending the budget;26
except as previously provided.
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PASSED, APPROVED AND ADOPTED at a Joint Special Meeting of the
Carlsbad Housing and Redevelopment Commission, Carlsbad City Council and
Carlsbad Municipal Water District Board of Directors held on the 27th day of January,
2009, by the following vote to wit:
AYES: Council/Commission Members Lewis, Kulchin, Hall, Packard and Blackburn.
NOES: None.
ABSENT: None.
CLAUDE" A LEWIS, Chalfman
ATTEST:
LfSA-'HILDABRAND, Secretary
(SEAL)
-in: • Si= . 1970 /