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2001-01 RESOLUTION NO. CRA 2001-01 A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF GRAND TERRACE, CALIFORNIA, ADOPTING A BUDGET OF ESTIMATED REVENUES AND EXPENDITURES FOR FISCAL YEAR 2001- 2002 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 expenditures; 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; NOW,THEREFORE,THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF GRAND TERRACE DOES HEREBY RESOLVE,that a budget for Fiscal Year 2001- 2002,a copy of which is on file in the City Clerk's office,is hereby adopted with estimated revenues of$3,953,166,use of available fund balance of$735,554.interfund transfers of$629.800.for a total source of funds of $5,318,520 and total estimated expenditures of $4.633.251 , and interfund transfer-out of$685,269 for a total use of funds of$5,318,520. ADOPTED this 28`"day of June, 2001 ATTEST: Secretary of the Grand Tedace Community Chairman of the Grand Terrace Community Redevelopment Agency Redevelopment Agency RESOLUTION NO. CRA 2001-01 PAGE 2 I, BRENDA STANFII.L, 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 28`h day of June, 2001, by the following vote: AYES: Councilmembers Larkin and Ferre, and Mayor Buchanan NOES: None ABSENT: Councilman Hilkey and Mayor Pro Tem.Garcia ABSTAIN: None Approved as to form: 01 2 zw/t City Attorney V Secretary