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HomeMy WebLinkAboutRDA RES 473RESOLUTION NO. 473 A RESOLUTION OF THE PALM DESERT REDEVELOPMENT AGENCY BOARD, PALM DESERT, CALIFORNIA, AMENDING THE FISCAL YEAR 2002-2003 BUDGET AS A RESULT OF YEAR-END ADJUSTMENTS WHEREAS, as a result of a year-end review of the budget, it is desirable to revise the 2002-2003 Budget; NOW, THEREFORE, BE IT RESOLVED by the Palm Desert Redevelopment Agency Board, Palm Desert, California, that the 2002-2003 Budget is hereby revised as follows: 1. The amount shown in the column entitled "Revised Appropriations" in the table entitled "Palm Desert Redevelopment Agency, Mid-Year2002-03 Budget Review, Revised Appropriations Operating and Capital Budget", attached hereto as Exhibit "A", are hereby appropriated to the departments, activities and projects identified therein as the Operating and Capital Budget for 2002-03. PASSED, APPROVED AND ADOPTED at the regular meeting of the Palm Desert Redevelopment Agency Board held on this 10' day of July 2003, by the following vote, to wit: AYES: CRITES, KELLY, SPIEGEL, BENSON NOES: NONE ABSENTS: FERGUSON ABSTAINS: NONE M. Benson, Chairman ATTEST: Rachelle D. Klassen, Secretary G \RDA\Dennis Coleman \DATA\WP\REPORTS\rdaresoyrendbudget wpd RES:473 Exhibit "A" PALM DESERT REDEVELOPMENT AGENCY YEAR END BUDGET REVIEW FY 2002-03 REVISED APPROPRIATIONS OPERATING AND CAPITAL BUDGET FUND/ CHANGE/ DEPARTMENT INC/(DEC) Project Area No. 2 Legal Services Capital - Land Acquisition REVISED APPROPRIATIONS $ 20,000 $ 80,000 $ 9,900,000 $ 11,930,000 Low/Mod Housing Capital - Hovley Gardens $ 2,500,000 $ 5,298,856 Housing Authority Repair/Maintenance - Desert Pointe $ 12,000 $ 51,385 year 2002-03 budget adjustments