SUC - 2016-18 - Appropriating Additional Funds From the Redevelopment Bonds For The Rosemead Skate Plaza RESOLUTION NO.2016-18 SA
A RESOLUTION OF THE CITY OF ROSEMEAD AS THE SUCCESSOR
AGENCY TO THE ROSEMEAD COMMUNITY DEVELOPMENT
COMMISSION OF THE CITY OF ROSEMEAD, APPROPRIATING
ADDITIONAL FUNDS FROM THE REDEVELOPMENT BOND FUNDS
FOR THE ROSEMEAD SKATE PLAZA PROJECT
WHEREAS, appropriations are the legal authority for a Successor Agency to spend its
funds; and
WHEREAS, from time to time it is necessary to amend the budget with additional
appropriations; and
WHEREAS, the Successor Agency desires the construction of Rosemead Skate Plaza at
Rosemead Park: and
WHEREAS, the Rosemead Skate Plaza Project is funded through proceeds from
Redevelopment Bond funds and currently has a budget amount of$439,300; and
WHEREAS,the total cost for the construction of this project,as proposed, will not exceed
$520,000, which is $80,700 more than currently budgeted; and
NOW THEREFORE, $80,700 is appropriated in the Capital Improvement Programs for
Expenditures related to the Rosemead Skate Plaza Project as defined below:
Fund Organization Account Project Description Amount
Appropriation
301 6005 5395 41009 Construction $ 80,700
Transfer(Memo)
315 0000 5960 Transfer Out <$ 80,700>
301 0000 4860 Transfer In $ 80,700
The additional appropriation is made a part of the approved FY 2016-17 budget as though it were a
part of the initial budget fully set forth.
PASSED, APPROVED, AND ADOPTED this 8th day of November, 2016.
MdAC.` Me
Sandra Armenta, Success Agency Chair
AP' t • -- 9 ASTOTI ". : ATTEST:
'achel Richman, Successor Agency Counsel Marc Donohue, Successor Agency Clerk
RESOLUTION NO. 2016-18 SA
A RESOLUTION OF THE CITY OF ROSEMEAD AS THE SUCCESSOR
AGENCY TO THE ROSEMEAD COMMUNITY DEVELOPMENT
COMMISSION OF THE CITY OF ROSEMEAD, APPROPRIATING
ADDITIONAL FUNDS FROM THE REDEVELOPMENT BOND FUNDS
FOR THE ROSEMEAD SKATE PLAZA PROJECT
WHEREAS, appropriations are the legal authority for a Successor Agency to spend its
funds; and
WHEREAS, from time to time it is necessary to amend the budget with additional
appropriations; and
WHEREAS, the Successor Agency desires the construction of Rosemead Skate Plaza at
Rosemead Park; and
WHEREAS, the Rosemead Skate Plaza Project is funded through proceeds from
Redevelopment Bond funds and currently has a budget amount of$439,300; and
WHEREAS, the total cost for the construction of this project, as proposed,will not exceed
$520,000, which is $80.700 more than currently budgeted;and
NOW THEREFORE, $80,700 is appropriated in the Capital Improvement Programs for
Expenditures related to the Rosemead Skate Plaza Project as defined below:
Fund Organization Account Project Description Amount
Appropriation
301 6005 5395 41009 Construction $ 80,700
Transfer (Memo)
315 0000 5960 Transfer Out <$ 80,700>
301 0000 4860 Transfer In $ 80,700
The additional appropriation is made a part of the approved FY 2016-17 budget as though it were a
part of the initial budget fully set forth.
PASSED, APPROVED, AND ADOPTED this 8th day of November,2016.
Sandra Armenta, Successor Agency Chair
APPROVED AS TO FORM: ATTEST:
Rachel Richman, Successor Agency Counsel Marc Donohue, Successor Agency Clerk
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) §
CITY OF ROSEMEAD
I,Marc Donohue, Successor Agency Clerk to the Rosemead Community Development Commission
of the City of Rosemead, California, do hereby certify that the foregoing Successor Agency
Resolution,No.2016-18 SA,was duly adopted by the Board of the Successor Agency,at a regular
meeting thereof held on the 8th day of November, 2016, by the following vote, to wit:
AYES: ALARCON, ARMENTA, CLARK, LY
NOES: LOW
ABSENT: NONE
ABSTAIN: NONE
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Marc Dono ue, S'sor Agency Clerk