CIC Resolution 97-69COMMUNITY IMPROVEMENT COMMISSION
RESOLUTION NO. 97-69
APPROVING INTERIM EXPENDITURES PRIOR TO
ADOPTION OF COMMUNITY IMPROVEMENT COMMISSION BUDGET
FOR FISCAL YEAR 1997-98
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
Implementation Plan evaluation by the Community Improvement Commission on June 16, 1997
and includes all indebtedness to be incurred by the Community Improvement Commission; and
WHEREAS, there had been submitted to the Community Improvement Commission at
the meeting of July 1, 1997, the proposed Community Improvement Commission Budget for
Fiscal Year 1997-98; 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), West End Community Improvement Project (WECIP), Alameda
Point Improvement Project (APIP); and
WHEREAS, at the July 1, 1997 Community Improvement Commission directed staff to
continue the adoption of the proposed Community Improvement Commission Budget for Fiscal
Year 1997-98 to a future Community Improvement Commission meeting.
NOW, THEREFORE, BE IT RESOLVED that the Community Improvement
Commission hereby approves interim expenditures of the Community Improvement Commission
prior to the approval of Community Improvement Commission Budget for Fiscal Year 1997-98
at the levels set by Community Improvement Commission Budget 1996-97 to allow payment of
routine expenses including payroll and vender expenses at prior year's level.
1, 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
regular meeting assembled on the 1st day of July. 1997, by the following vote to wit:
AYES: Commissioners Daysog, DeWitt, Kerr, Lucas
and Chair Appezzato - 5.
NOES: None.
ABSENT: None.
ABSTENTIONS: None,
IN WITNESS, WHEREOF, I have hereunto set my hand and affixed the official seal of said City
this 2nd day of July, 1997.
Diane sch, Secretary
Community Improvement Commission