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R 3687 RESOLUTION NO. 3687 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARROYO GRANDE ADOPTING FISCAL YEARS 2003-04 & 2004-05 BI-ANNUAL BUDGET AND MAKING APPROPRIATIONS FOR THE AMOUNT BUDGETED WHEREAS, a proposed Bi-Annual Budget for the City of Arroyo Grande for the Fiscal Years commencing July 1, 2003 & 2004 and ending June 30, 2004 & 2005 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, proceedings for adoption of said Budget have been duly taken; and WHEREAS, the City Council made certain revisions, corrections, and modifications to reflect the changes ordered by the City Council. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF ARROYO GRANDE DOES RESOLVE AS FOLLOWS: SECTION 1. The Budget, as amended, is adopted as the Bi-Annual Budget for the City of Arroyo Grande for the Fiscal Years commencing July 1, 2003 & 2004, and ending June 30, 2004 & 2005. 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 Financial Services Director and approval of the City Manager. On motion of Council Member Costello, seconded by Council Member Dickens, and on the following roll call vote, to wit: AYES: Council Members Costello, Dickens, Lubin, and Mayor Ferrara NOES: None ABSENT: Council Member Runels the foregoing Resolution was passed and adopted this 10th day of June, 2003. -.-- RESOLUTION NO. 3687 PAGE 2 TONYM'~ ATTEST: f , !tt9-- RE, DIRECTOR OF ADMINISTRATIVE SERVICES/ DEPUTY CITY CLERK APPROVED AS TO CONTENT: r~~~ . . STEVEN ADAMS, CI. MANAGER APPROVED AS TO FORM: RESOLUTION NO. 3687 OFFICIAL CERTIFICATION I, KELL Y WETMORE, Director of Administrative Services/Deputy City Clerk of the City of Arroyo Grande, County of San Luis Obispo, Sta~e of California, do hereby certify under penalty of perjury, that Resolution No. 3687 is a true, full, and correct copy of said Resolution passed and adopted at a regular meeting of the City Council of the City of Arroyo Grande on the 10th day of June, 2003. WITNESS my hand and the Seal of the City of Arroyo Grande affixed this 13th day of June, 2003. l~0~ E, DIRECTOR OF ADMINISTRATIVE SERVICESI DEPUTY CITY CLERK -_._-_._--~_._.__._-