2004-01 RESOLUTION,NO. CRA 2004- 01
A RES OLUTION OF THE COMMUNITY REDEVELOPMENT
AGENCY OF THE CITY OF GRAND TERRACE,
CALIFORNIA, ADOPTING A BUDGET OF ESTIMATED
REVENUES AND APPROPRIATIONS FOR FISCAL YEAR
2004-2005
WHEREAS, the Community Redevelopment Agency of the City of Grand Terrace is
required to adopt a budget for the subsequent fiscal year for estimated revenues and appropriations;
and
WHEREAS,the members of said Community Redevelopment Agency and staff members
have thoroughly reviewed and analyzed the proposed budget in order to determine the needs of the
City of Grand Terrace; and
WHEREAS,the planning and administrative expenditures in the housing fund are necessary
for the production, improvement, or preservation of low and moderate income housing;
NOW,THEREFORE,THE COMMUNITY REDEVELOPMENT AGENCY OF THE
CITY OF GRAND TERRACE DOES HEREBY RESOLVE,that a budget for Fiscal Year 2004-
2005,a copy of which is on file in the City Clerk's office,is hereby adopted with estimated revenues
of$5.012,450. and total appropriations of$4,669,378.
ADOPTED this 271h day of May, 2004
ATTEST: . -
—VA&Ae1z12,x-4 I
Secretary of the Grand ToWace Community Chairman of the G6nd Terrace Community
Redevelopment Agency Redevelopment Agency
RESOLUTION NO. CRA 2004-01
PAGE 2
I, BRENDA STANFILL, Secretary of the Community Redevelopment Agency of the City
of Grand Terrace, do hereby certify that the foregoing Resolution was introduced and adopted at a
regular meeting of the Grand Terrace Community Redevelopment Agency held on the 27"'day of
May, 2004, by the following vote:
AYES: Agency Member Garcia, Vice-Chairman Ferre and Chairman Hilkey
NOES: None
ABSENT: Agency Members Larkin and Cortes
ABSTAIN: None
Approved as to form:
City Attorney 1 I Secretary