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HomeMy WebLinkAbout066-2018RESOLUTION NO. 66-2018 SA APPROVING THE 2018/19 OPERATING BUDGET FOR THE SUCCESSOR AGENCY TO THE FORMER COMMUNITY DEVELOPMENT AGENCY OF THE TOWN OF DANVILLE WHEREAS, a 2018/19 Operating Budget for the Successor Agency to the former Community Development Agency was submitted to the Town Council on April 20, 2018; and WHEREAS, the Town Council held four public study sessions on May 1, May 8, May 15, and May 22, 2018, to discuss the proposed Successor Agency Budget; and WHEREAS, sufficient revenues are available to fund all FY 2018/19 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 $1,184,715 and adopts the Successor Agency Budget for FY 2018/19. APPROVED by the Danville Town Council at a regular meeting on June 6, 2018, by the following vote: AYES: NOES: ABSTAINED ABSENT: Arnerich, Blackwell, Morgan, Stepper, Storer None None None APPROVED AS TO FORM: AGENCY ATTORNEY ATTEST: AGENCY ECRETARY