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RESOLUTION NO. M - 01-2016 <br />A RESOLUTION OF THE CITY OF BREA MIDBURY ASSESSMENT <br />AUTHORITY COMMISSION ADOPTING AN OPERATING BUDGET FOR <br />SAID AUTHORITY FOR THE FISCAL YEAR COMMENCING JULY 1, <br />2016, AND ENDING JUNE 30, 2017, AND APPROPRIATING FUNDS <br />FOR ACCOUNTS, DEPARTMENTS, DIVISIONS, PROGRAMS, <br />OBJECTS AND PURPOSES THEREIN SET FORTH <br />A. RECITALS: <br />(i) The Chief Administrative Officer has, heretofore, presented to the <br />Commissioners the "Proposed Budget" for the Fiscal Year July 1, 2016 through June 30, <br />2017. <br />(ii) Copies of said Proposed Budgets are on file in the Office of the Secretary <br />and said Proposed Budget is hereby made a part of this Resolution. <br />B. RESOLUTION: <br />NOW, THEREFORE, be it found, determined and resolved by the City of Brea <br />Midbury Assessment Authority Commission as follows: <br />1. Said Proposed City of Brea Midbury Assessment Authority Commission <br />Budget is hereby adopted as the Budget of the Authority for the Fiscal Year commencing <br />July 1, 2016 and ending June 30, 2017, and consists of the estimated and anticipated <br />expenditures and revenues for the Fiscal Year. <br />2. There are hereby appropriated for obligation and expenditure by the Chief <br />Administrative Officer the amounts shown for the various funds and accounts separately <br />set forth in the City of Brea Midbury Assessment Authority Commission Proposed Budget <br />for Fiscal Year 2016-17. All obligations and expenditures shall be incurred and made in <br />June 21, 2016 <br />RESO. M-01-2016 <br />