CC Resolution 8680
RESOLUTION NO
8680
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CAMPBELL
ADOPTING THE OPERATING & CAPITAL BUDGET FOR FISCAL YEAR 1994-1995
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 1994-1995; and
WHEREAS, the City Council held a Public Hearing to review the proposed budget; and
WHEREAS, the City Council took minute action to accept the proposed budget; and
NOW, THEREFORE, BE IT RESOLVED by the City Council that as of June 21, 1993
the amount of $25,453,974 be fixed as the amount necessary to meet all municipal operating requirements
(excluding any changes resulting from new Memorandums of Understanding with bargaining units) and
that the same is hereby approved, confirmed and adopted.
BE IT FURTHER RESOLVED that any changes or impacts resulting from new
Memorandums of Understanding will be incorporated within the final adopted budget.
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 1994-95 budget are of benefit to the project area, and that
no other reasonable means of fmancing such buildings, facilities, structures, or other improvements are
available to the community, and the payment of funds for the acquisition of land or the cost of buildings,
facilities, structures, or other improvements contemplated in the Agency's 1994-95 budget will assist in
the elimination of one or more blighting conditions inside the project area.
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 1994-95 budget.
PASSED AND ADOPTED this 21st day of June, 1994, by the following roll call vote:
AYES:
Councilmem bers:
Conant, Ashworth, Burr, Dougherty, Watson
NOES:
Councilmem bers
None
ABSENT:
Councilmem bers
None
ATTEST:
A~'~k