1994-01 RESOLUTION NO. CRA 94- 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 1994-
95
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 1994-95, a
copy of which is on file in the City Clerk's office, is hereby adopted with estimated
revenues of $2,198,000, use of available fund balance of $821,904 for a total source
of revenue of $3,019,904 and total estimated expenditures of $2,719,904.
ADOPTED THIS 9th day of June, 1994
ATTEST:
Secretary of the Grand'Terrace Community Chairman f the Grand Terrac
Redevelopment Agency Community edevelopment Agency
I, BRENDA STANFILL, City Clerk of the City of Grand Terrace, do hereby certify that
the foregoing Resolution was introduced and adopted at a special meeting of the City
Council of the City of Grand Terrace held on the 9th day of June, 1994, by the
following vote:
AYES: Agency Members Hil key, Singley, and Buchanan; Vice-Chairman
Carlstrom; Chairman Matteson
NOES: None
ABSENT: None
ABSTAIN: None
Approved as to form:
City Attorney V City Clerk l�