R 4379 RESOLUTION NO. 4379
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
ARROYO GRANDE ADOPTING FISCAL YEAR 2011 -12 OF
THE FISCAL YEAR 2011 -12 & 2012 -13 BIENNIAL BUDGET
AND MAKING APPROPRIATIONS FOR THE AMOUNT
BUDGETED
WHEREAS, a proposed Biennial Budget for the City of Arroyo Grande for the Fiscal Years
commencing July 1, 2011 and ending June 30, 2012 and commencing July 1, 2012 and
ending June 30, 2013 was submitted to the City Council and is on file with the Director of
Administrative Services; and
WHEREAS, the City Council also serves as the Redevelopment Agency Board of
Directors; and
WHEREAS, by adopting this budget the Agency finds that the planning and administrative
expenses charged to the Low and Moderate Income Housing Fund are necessary for the
production, improvement, or preservation of low- and moderate - income housing. H &S
Code 33334.3(d); and
WHEREAS, proceedings for adoption of said Budget have been duly taken; and
WHEREAS, the total budget for FY 2011 -12 is $22,906,693.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF ARROYO GRANDE DOES
RESOLVE AS FOLLOWS:
SECTION 1. The Budget is adopted as the Biennial Budget for the City of Arroyo Grande
for the Fiscal Year commencing July 1, 2011 and ending June 30, 2012.
SECTION 2. At the close of each Fiscal Year, unexpended appropriations in the Operating
Budget will be carried forward to the next fiscal year as necessary to underwrite the
expense of outstanding purchase commitments. Unexpended appropriations for
authorized, but uncompleted projects as approved by the City Council may be carried
forward to the next succeeding Budget upon recommendation by the Administrative
Services Director and approval of the City Manager.
On motion of Council Member Guthrie, seconded by Council Member Brown, and on the
following roll call vote, to wit:
AYES: Council Members Guthrie, Brown, Ray, and Mayor Ferrara
NOES: None
ABSENT: Council Member Costello
the foregoing Resolution was passed and adopted this 28 day of June, 2011.
RESOLUTION NO.
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X e 44.4 A
TONY FE , MAYOR
ATTEST:
i / � SAC"
KELLY ET; ORE, CITY CLERK
APPROVED AS TO CONTENT:
EN ADAMS, CITY MANAGER
APPROVED AS TO FORM:
TIM HY ARM , CITY ATTORNEY
OFFICIAL CERTIFICATION
I, KELLY WETMORE, City Clerk of the City of Arroyo Grande, County of San
Luis Obispo, State of California, do hereby certify under penalty of perjury, that
Resolution No. 4379 is a true, full, and correct copy of said Resolution passed
and adopted at a regular meeting of the City Council /Redevelopment Agency of
the City of Arroyo Grande on the 28 day of June 2011.
WITNESS my hand and the Seal of the City of Arroyo Grande affixed this 30
day of June 2011.
KELLY E ORE, CITY CLERK