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HomeMy WebLinkAbout2005-06-23 - Resolution No. 05-021 RESOLUTION NO. 05-02 RESOLUTION OF THE BOARD OF DIRECTORS OF THE YORBA LINDA WATER DISTRICT ADOPTING THE BUDGET FOR FISCAL YEARS 2005-06 and 2006-07 AND RESCINDING RESOLUTION NO. 03-03 WHEREAS, the Yorba Linda Water District has prepared a two year budget for fiscal years 2005-06 and 2006-07; and, WHEREAS, the budget for fiscal years 2005-06 and 2006-07 was presented and considered by the Board of Directors at a Regular Board meeting on June 9, 2005; and, WHEREAS, it is the desire of the Board of Directors to adopt the budget for fiscal years 2005-06 and 2006-07, and rescind Resolution No. 03- 03 at a regularly scheduled Board meeting held today June 23, 2005. NOW THEREFORE BE IT RESOLVED by the Board of Directors of the Yorba Linda Water District as follows: Section 1. That the budget for fiscal years 2005-06 and 2006-07, set forth in Exhibit "A" attached hereto, is hereby approved and adopted. Section 2. The budget for fiscal years 2005-06 and 2006-07, including the budget authority guidelines recommended to administer the budget, is in full force and effect beginning on July 1, 2005, and continuing until this Resolution is rescinded by the Board of Directors. Section 3. That Resolution No. 03-03 and all conflicting minute orders are hereby rescinded effective on July 1, 2005. PASSED AND ADOPTED this 23rd day of June, 2005, by the following called vote: Ayes: Beverage, Mills, Summerfield Noes: None Absent: Armstrong, Collett Abstain: None " _ Secretary, Michael A. Payne Yorba Linda Water District 15resident, Mi el J. Bevera Yorba Linda Water District