CC Resolution 9686
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RESOLUTION NO. 9686
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CAMPBELL
ADOPTING THE CITY'S OPERATING & CAPITAL BUDGET
FOR FISCAL YEAR 2000 - 2001
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 2000-2001, 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 June 6,
2000 the amount of $36,893,481 be fixed as the amount necessary to meet all
municipal operating requirements (excluding any changes resulting from the meet and
confer process, Public Hearing, and/or miscellaneous corrections), and that the amount
of $8,713,720 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 $45,607,201.
BE IT FURTHER RESOLVED that any changes or impacts resulting from the
meet and confer process, any changes or impacts resulting from the Public Hearing,
and any miscellaneous corrections be incorporated within the final published FY 00/01
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 2000-
2001 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
2000-2001 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.
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RESOLUTION NO.
9686
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
2000- 2001 Budget.
PASSED AND ADOPTED the 6th day of June 2000, by the following roll call
vote:
AYES: Councilmembers:
Dougherty, Furtado, Watson, Dean,
Kennedy
NOES: Councilmembers:
None
ABSENT: Council members:
None
APPROVED:
ATTEST:
a~dU~
Anne Bybee, City Clerk