US HIGHWAY 441/27

COMMUNITY REDEVELOPMENT AGENCY

 

 

AGENDA MEMORANDUM

 

 

Meeting Date:           May 24, 2010

 

From:                          Brandy McDaniel, Budget Manager

 

Subject:                      Resolution Amending the Fiscal Year 2009-10 Budget for the US Highway 441/27 Community Redevelopment Agency Fund

 

 

 

Staff Recommendation:

 

Staff recommends adopting the attached resolution amending the Fiscal Year 2009-10 budget for the US Highway 441/27 Community Redevelopment Agency Fund.

 

Analysis:

 

These budget adjustments are required due to the following changes:

 

Amount

Source

Matching Sign Grant Program                             $150,000          Fund Balance

 

            Total US Hwy 441/27 CRA                  $150,000

 

 

Options:

  1. Adopt the attached resolution amending the fiscal year 2009-10 budget for the US Highway 441/27 CRA

 

  1. Such alternative action the Commission may deem appropriate

 

 

Fiscal Impact

The following funds will increase/decrease as seen below:

 

 

FUND

FY 2010

CURRENT

 

CHANGE

FY 2010

AMENDED

US Hwy 441/27 CRA                                              $3,639,860                   $150,000                      $3,789,860

   Total                                                                     $3,639,860                $150,000                     $3,789,860

 

 

 

Submission Date and Time:    5/20/2010 10:55 AM____

 

Department: ______________________

Prepared by:  ______________________                     

Attachments:         Yes____   No ______

Advertised:   ____Not Required ______                     

Dates:   __________________________                     

Attorney Review :       Yes___  No ____

                                                 

_________________________________           

Revised 6/10/04

 

Reviewed by: Dept. Head ________

 

Finance  Dept. __________________                                     

                              

Deputy C.M. ___________________                                                                         

Submitted by:

City Manager ___________________

 

Account No. __018-6191-559.82-11_

 

Project No. __CRASIG__________

 

WF No. ______________________

 

Budget  ______________________

 

Available _____________________


 

 

 

RESOLUTION NO.________

 

A RESOLUTION OF THE US HIGHWAY 441/27 COMMUNITY REDEVELOPMENT AGENCY APPROVING THE AMENDED FISCAL YEAR 2009-10 BUDGET; APPROPRIATING CERTAIN FUNDS TO SPECIFIC REDEVELOPMENT PROJECTS; AND PROVIDING AN EFFECTIVE DATE.

 

BE IT RESOLVED BY THE US HIGHWAY 441/27 COMMUNITY REDEVELOPMENT AGENCY:

 

            THAT the Fiscal Year 2009-10 Budget amendment is hereby adopted and ratified;

 

            THAT the following appropriations from the Redevelopment Trust Fund are made:

 

  Amount

Source

Matching Sign Grant Program             $150,000          Fund Balance

 

           

 

            THAT this resolution shall become effective immediately.

 

PASSED AND ADOPTED by the City Commission of the City of Leesburg, Florida, at a regular meeting held the _24th____ day of _May__ 2010.

 

 

 

                                       ญญญ__________________________________

                                                                             Mayor

 

ATTEST:

 

 

_________________________________

City Clerk