CRA - 06RESOLUTION NO. CRA-6
A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE
CITY OF CYPRESS APPROVING THE COMMUNITY REDEVELOPMENT
BUDGET FOR THE FISCAL YEAR 1981-82, ACCEPTING A LOAN FROM
THE CITY OF CYPRESS TO THE COMMUNITY REDEVELOPmeNT ADMINIS-
TRATIVE FUND, AND AUTHORIZING EXPENDITUES THEREFROM.
BE IT RESOLVED, by the Community Redevelopment Agency of the City of
Cypress, as follows:
SECTION 1. That the budget for Program 194.06 (Redevelopment Agency)
included in the 1981-82 City Budget is hereby adopted and approved as the
1981-82 Budget of the Agency.
SECTION 2. That the loan from the City of Cypress of $10,536 appro-
priated to the Community Redevelopment Agency Administrative Fund for admi-
nistrative expenses of the Agency, as set forth in said budget, is hereby
accepted by the Agency and the Agency acknowledges that said loan constitutes
an indebtedness of the Agency within the meaning of Ar_ticle 6, Chapter 6,
of the California Community Redevelopment Law.
SECTION 3. The expenditure of monies from the Community Redevelopment
Agency Administrative Fund for administrative expenses of the Agency as set
forth in said budget is hereby authorized, subject to expenditures in substan-
tially the same manner as money drawn by other agencies and departments of the
City of Cypress subject to budgetary control.
SECTION 4. As required by the Community Redevelopment Law, the Agency
shall file with the City Council of the City of Cypress a detailed report of
all of its transactions with respect to the Community Redevelopment Agency
Administrative Fund, including a statement of all revenues and expenditures,
no less than annually.
PASSED AND ADOPTED by the governing body of the Cypress Redevelopment
Age~cy this 14th day of December 1981.
.... "' L~ATRMAN
CYPRESS REDEVELOPMENT AGENCY
ATTEST:
,:" , ,.'/: ~ ,. /
SE CPJ~ TARY
CYPRESS REDEVELOPMENT AGENCY
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) SS
I, DARRELL ESSEX, Secretary of the Cypress Redevelopment Agency, DO HEREBY
CERTIFY that the foregoing Resolution was duly adopted at a meeting of the
said Agency held on the 14th day of December 1981; by the following roll call
vote:
AYES: 4
NOES: 0
ABSTAINED:i
ABSENT: 0
AGENCY b~MBERS:
AGENCY MEMBERS: None
AGENCY MEMBERS: Partin
AGENCY MEMBERS: None
Coronado, Lacayo, Rowan, and Mullen
' SE~CRETAR~Y
CYPRESS P~EDEVELOPMENT AGENCY