HomeMy WebLinkAbout047-2016RESOLUTION NO.47-2016SA
APPROVING THE 2016/17 OPERATING BUDGET FOR THE SUCCESSOR
AGENCY TO THE FORMER COMMUNITY DEVELOPMENT AGENCY OF
THE TOWN OF DANVILLE
WHEREAS, a draft FY 2016/17 Operating Budget for the Successor Agency was
submitted to the Town Council on April 22, 2016; and
WHEREAS, the Town Council held three public study sessions on May 3, May 10 and
May 17, 2016, to discuss the proposed Successor Agency Budget; and
WHEREAS, sufficient revenues are available to fund all FY 2016/17 Successor Agency
expenditures; now therefore, be it
RESOLVED that the Town Council, acting in their capacity as Successor Agency to the
former Community Development Agency of the Town of Danville, hereby appropriates
$1,240,301 and adopts the Successor Agency Budget for FY 2016/17.
APPROVED by the Danville Town Council at a regular meeting on June 7"2016, by the
following vote:
AYES: Arnerich, Doyle, Morgan, Stepper, Storer
NOES: None
ABSTAINED: None
ABSENT: None
CHA R
APPROVED AS TO FORM: ATTEST:
AGENCY ATTORNEY AGENCY SF RETARY