HomeMy WebLinkAbout040-2019SADocuSign Envelope ID: E1449F1 B-2BB2-4360-BB8F-CB45F00F0899
RESOLUTION NO. 40-2019 SA
APPROVING THE 2019/20 OPERATING BUDGET FOR THE SUCCESSOR
AGENCY TO THE FORMER COMMUNITY DEVELOPMENT AGENCY OF
THE TOWN OF DANVILLE
WHEREAS, a 2019/20 Operating Budget for the Successor Agency to the former
Community Development Agency was submitted to the Town Council on April 26, 2019;
and
WHEREAS, the Town Council held three public study sessions on May 7, May 14, and
May 21, 2019, to discuss the proposed Successor Agency Budget; and
WHEREAS, sufficient revenues are available to meet all FY 2019/20 Successor Agency
debt service obligations and fund all FY 2019/20 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
$1,180,575 and adopts the Successor Agency Budget for FY 2019/20.
APPROVED by the Danville Town Council at a regular meeting on June 4, 2019, by the
following vote:
AYES: Arnerich, Blackwell, Morgan, Stepper, Storer
NOES: None
ABSTAINED: None
ABSENT: None
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APPROVED AS TO FORM: ATTEST:
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AGENCY ATTORNEY AGENCY SECRETARY