RDA Resolution R-40-2016

 

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RESOLUTION NO. R-40-2016                                                                      December 13, 2016

 

Second Budget Amendment

 

RESOLUTION OF THE BOARD OF DIRECTORS OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY ("RDA") AMENDING THE FINAL BUDGET OF THE RDA FOR FISCAL YEAR 2016-2017

 

WHEREAS, on June 14, 2016, the RDA Board of Directors (" Board" ) adopted the final budget of the RDA, effective for the fiscal year beginning July 1, 2016 and ending June 30, 2017, in accordance with the requirements of Section 17C-1-601.5 of the Utah Code.

WHEREAS, the Salt Lake City Finance Department and the RDA administration prepared and transmitted to the Board proposed amendments to said duly adopted budget, shown on the attached Exhibit A as "Administration Proposed", for consideration by the Board and inspection by the public.

WHEREAS, the Board considered the proposed amendments to the budget on September 13, 2016, November 15, 2016, and December 13, 2016 and held a public hearing on the proposed amendments to the budget on October 18, 2016, October 25, 2016, November 1, 2016, November 15, 2016 and December 13, 2016.

WHEREAS, all conditions precedent to amend the RDA's budget have been accomplished.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY, that:

SECTION 1. Purpose. The purpose of this Resolution is to amend the final budget of the RDA, as approved, ratified and finalized by the RDA Board on June 14, 2016.

SECTION 2. Adoption of Amendments. The budget amendments shown on Exhibit A as "Board Approved" are hereby are adopted and incorporated into the budget of the RDA.

SECTION 3. Filing of copies of the Budget Amendments. The Salt Lake City Finance Department, on behalf of the RDA, is authorized and directed to certify and file a copy of said budget amendments in the office of the Finance Department, the RDA, and the office of the City Recorder which amendments shall be available for public inspection.

Passed by the Board of Directors of the Redevelopment Agency of Salt Lake City, Utah, this 13th day of December, 2016.