HomeMy WebLinkAboutRESOLUTIONS - 03151994 - 1.64 kaF L.
TO: REDEVELOPMENT AGENCY :' , Contra
r Costa
FROM: Phil Batchelor �u..„}, ,
Executive Director s � �ly
r C r
DATE: March 15, 1994
SUBJECT: Cancellation of General Reserve
SPECIFIC REQUEST(S) OR RECOMMENDATIONS (S) & .BACKGROUND AND JUSTIFICATION
RECOMMENDATIONS
APPROVE the cancellation of eight individual General Reserves that
were set up in previous budget years.
FISCAL IMPACT
None.
BACKGROUND/REASONS FOR RECOMMENDATIONS
In previous budget years, eight different General Reserves were set
up. Consultations with the Budget Division ' at the Auditor-
Controller's Office indicate this was not the best way to budget
carryovers from year to year, therefore, these need to be cancelled.
The 1993-94 Budget was already approved with this new method in mind.
CONTINUED ON ATTACHMENT: YES SIGNATURE:
RECOMMENDATION OF EXECUTIVE DIRECTOR RECO DATION OF AGENCY CO ITTEE
APPROVE OTHER
SIGNATURE(S) :
ACTION OF AGENCY ON ' March 15 , 1994 APPROVED AS RECOMMENDED _� OTHER
VOTE OF COMMISSIONERS
I HEREBY CERTIFY THAT THIS IS A
X UNANIMOUS (ABSENT ) TRUE AND CORRECT COPY OF AN
AYES: NOES: ACTION TAKEN AND ENTERED ON THE
ABSENT: ABSTAIN: MINUTES OF THE REDEVELOPMENT
AGENCY ON THE DATE SHOWN.
Contact: Jim Kennedy
646-4076 ATTESTED March 15 , 1994
cc: Community Development PHIL BATCHELOR,
Auditor-Controller AGENCY SECRETARY
JK:DS:lh
sra12/genresv.bos
BY n , DEPUTY
Capital Projects
PH BART $ 400, 000. 00
Bay Point 310, 748. 00
Rodeo 17, 952 . 00
Low/Moderate Housing
Bay Point $ 67, 975. 00
North Richmond 10, 000. 00
Oakley 230, 675. 00
Rodeo 82 , 525. 00
Specific Plan Fees
Pleasant Hill BART $2,242,890. 00