CIC Resolution 04-129COMMUNITY IMPROVEMENT COMMISSION
RESOLUTION NO. 0 4 -12 9
APPROVING INTERIM EXPENDITURES PRIOR TO
ADOPTION OF COMMUNITY IMPROVEMENT COMMISSION BUDGET
FOR FISCAL YEAR 2004 -05
WHEREAS, State law requires that the Community Improvement Commission adopt an
annual budget that contains anticipated revenues, proposed expenditures, proposed indebtedness,
a work program for the coming year, and an examination of the previous year's achievements;
and
WHEREAS, as required by State law, the proposed budget is consistent with the
amended Implementation Plans adopted by the Community Improvement Commission on
January 7, 2003 and includes all indebtedness to be incurred by the Community Improvement
Commission; and
WHEREAS, there will be submitted to the Community Improvement Commission at a
special meeting in July the proposed Community Improvement Commission Budget for Fiscal
Year 2004 -05; and
WHEREAS, the proposed Community Improvement Commission Budget incorporates
several Economic Development priorities; and
WHEREAS, the proposed Community Improvement Commission Budget includes
several principal funds for redevelopment activities including the Business and Waterfront
Improvement Project (BWIP), the West End Community Improvement Project (WECIP) and the
Alameda Point Improvement Project (APIP).
NOW, THEREFORE, BE IT RESOLVED that the Community Improvement
Commission hereby approves interim expenditures of the Community Improvement Commission
prior to the approval of the Community Improvement Commission Budget for Fiscal Year 2004-
05 at the levels set by the Community Improvement Commission Budget 2003 -04 to allow for
payment of routine expenses including payroll and vendor expenses at prior year's level.
I, the undersigned, hereby certify that the foregoing Resolution was duly and regularly
adopted and passed by the Community Improvement Commission of the City of Alameda in a
Regular Community Improvement Commission meeting assembled on the 15th day of June, 2004, by
the following vote to wit:
AYES: Commissioners Daysog, Gilmore, Kerr, Matarrese, and
Chair Johnson - 5.
NOES: None.
ABSENT: None.
ABSTENTIONS: None.
IN WITNESS, WHEREOF, I have hereunto set my hand and affixed the official seal of said
Commission this 16th day of June, 2004.
Lara Weisiger, Secretary )
Community Improvement Commission
Beverly Johnson, Chair
Community Improvement Commission