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CDC - 2007-10 - Adopting Annual Budget for 2007-08 FY• 0 RESOLUTION. NO. 2007-10 A RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF ROSEMEAD ADOPTING THE ANNUAL BUDGET FOR FISCAL YEAR 2007-08 AND MAKING APPROPRIATIONS FOR THE AMOUNT BUDGETED WHEREAS, an Annual Budget for the Community Development Commission for the fiscal year commencing July 1, 2007 and ending June 30, 2008 was submitted to the Agency members and is on file in the City Clerk's office. NOW, THEREFORE, THE COMMUNITY DEVELOPMENT COMMISSION MEMBERS OF THE ROSEMEAD COMMUNITY DEVELOPMENT COMMISSION DO RESOLVE AS FOLLOWS: Section 1. The Budget is adopted as the Annual Budget of the Rosemead Community Development Commission for the fiscal year commencing July 1, 2007 and ending June 30, 2008. Section 2. There is hereby appropriated to each account set forth in the "Summary of Expenditures by Category" of said budget attached hereto, and made a part hereof as though fully set forth and the Executive Director is authorized and empowered to expend such sum for the purpose of such account, but with no expenditure by any office or department for any item within an account shall exceed the amount budgeted therefore without prior written approval of the Executive Director. PASSED, APPROVED and ADOPTED this 12th day of June, 2007. 1 Executiv Director of the Community bevelo ent Commission ATTEST: -4 ~ 11 - Agency Secretary STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) SS. CITY OF ROSEMEAD 1 I, Nina Castruita, Secretary of the Rosemead Community Development Commission, do hereby certify that the foregoing Resolution No. 2007-10 being: A RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF ROSEMEAD ADOPTING THE ANNUAL BUDGET FOR FISCAL YEAR 2007-08 AND MAKING APPROPRIATIONS FOR THE AMOUNT BUDGETED was duly and regularly approved and adopted by the Rosemead Community Development Commission on the 12th of June, 2007, by the following vote to wit: Yes: Clark, Low, Nunez, Taylor, Tran No: None Abstain: None Absent: None llY ICI \~~~~~ULL~C Nina Castruita Secretary