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2002-03 RESOLUTION NO. CRA 2002-03 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 2002- 2003 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 2002- 2003,a copy of which is on file in the City Clerk's office,is hereby adopted with estimated revenues of$4.328.056.use of available fund balance of$205.307,interfund transfers of$788.587.for a total source of funds of $5,321.950 and total estimated expenditures of $4,533.363 , and interfund transfer-out of$788.587 for a total use of funds of$5.321.950. ADOPTED this 23rd day of May, 2002 ATTEST: Secretary of the Grand Terrace Community Chairman of the Grand Terrace Community Redevelopment Agency Redevelopment Agency RESOLUTION NO. CRA 2002-03 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 237d day of May, 2002,by the following vote: AYES: Agency Members Hilkey, Larkin and Ferre' ; Vice-Chairman Garcia and Chairman Buchanan NOES: None ABSENT: None ABSTAIN: None Approved as to form: _A f City Attorney ( I Secretary