CC Resolution 9861
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RESOLUTION NO. 9861
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CAMPBELL
ADOPTING THE CITY'S OPERATING & CAPITAL BUDGET
FOR FISCAL YEAR 2001 - 2002
WHEREAS, there has been submitted to the City Council a Preliminary Budget
for the operation of all departments and facilities of the City of Campbell for the Fiscal
Year 2001-2002, and there has been submitted to the City Council a Preliminary Budget
for the capital expenditures related to City projects, and
WHEREAS, the City Council held meetings to review the proposed Operating
and Capital Budget; and the City Council took action to adopt the proposed budget;
NOW, THEREFORE, BE IT RESOLVED by the City Council that as of May 15,
2001 the amount of $40,599,074 be fixed as the amount necessary to meet all
municipal operating requirements (excluding any further changes resulting from the
meet and confer process, this Public Hearing, and/or any miscellaneous corrections),
and that the amount of $14,917,666 be fixed as the amount necessary to meet the
capital requirements of the City and that the same is hereby approved, confirmed and
adopted at the total combined total of $55,516,740.
BE IT FURTHER RESOLVED that any changes or impacts resulting from the
Public Hearing to Adopt the FY 01/02 Operating and Capital Budget, modifications
resulting from the meet and confer process, or any miscellaneous corrections due to
more refined estimates be incorporated within the final published FY 01/02 Operating
and Capital Budget document.
BE IT FURTHER RESOLVED that pursuant to Section 33445 of California
Redevelopment Law, the City Council finds that the payment of all or part of the value
of the land for and the cost of installation and construction of any buildings, facilities,
structures or other improvements contemplated in the Redevelopment Agency's 2001-
2002 budget are of benefit to the project area, that no other reasonable means of
financing such buildings, facilities, structures, or other improvements are available to
the community, that the payment of funds for the acquisition of land or the cost of
buildings, facilities, structures, or other improvements contemplated in the Agency's
2001-2002 budget will assist in the elimination of one or more blighting conditions
inside the project area or provide housing for low or moderate income persons; and
that the payment of funds for the acquisition of land or the cost of buildings is
consistent with the Redevelopment Agency's implementation plan adopted in
accordance with California Redevelopment Law.
..
RESOLUTION NO.
9861
Continued
BE IT FURTHER RESOLVED that based on the foregoing findings, the City
Council consents to the payment of the Agency for the cost of land and the cost of
buildings, facilities, structures, or other improvements contemplated in the Agency's
2001-2002 Budget.
PASSED AND ADOPTED the 15th day of May 2001, by the following roll call
vote:
AYES:
Council members:
Furtado, Kennedy, Burr, Watson, Dean
NOES:
Council members:
None
ABSENT:
Councilmembers:
None
APPROVED:
ATTEST:
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Anne Bybee, City Clerk