HomeMy WebLinkAbout037-2020SADocuSign Envelope ID: A4258044-E56D-46FE-959D-292FD539DF01
RESOLUTION NO. 37-2020 SA
APPROVING THE 2020/21 OPERATING BUDGET FOR THE SUCCESSOR
AGENCY TO THE FORMER COMMUNITY DEVELOPMENT AGENCY OF
THE TOWN OF DANVILLE
WHEREAS, a 2020/21 Operating Budget for the Successor Agency to the former
Community Development Agency was submitted to the Town Council on May 21, 2020;
and
WHEREAS, the Town Council held four public study sessions on May 26, June 2, and
June 9, 2020 to discuss the proposed Successor Agency Budget; and
WHEREAS, sufficient revenues are available to meet all FY 2020/21 Successor Agency
debt service obligations and fund all FY 2020/21 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
$1,179,212 and adopts the Successor Agency Budget for FY 2020/21.
APPROVED by the Danville Town Council at a regular meeting on June 16, 2020, by the
following vote:
AYES: Arneri ch ,
NOES: None
ABSTAINED: None
ABSENT: None
Blackwell, Morgan, Stepper, Storer
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APPROVED AS TO FORM: ATTEST:
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AGENCY ATTORNEY AGENCY SECRETARY