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�� � <br /> RESOLUTION NO. <br /> RESOLUTION AMENDING REDWOOD CITY REDEVELOPMENT <br /> AGENCY BUDGET FOR FISCAL YEAR 2005-2006 <br /> WHEREAS, the Board of the Redwood City Redevelopment Agency adopted <br /> Resolution No. RD 05-04 approving its Fiscal Year 2005-2006 Budget; and <br /> WHEREAS, the approved budget did not anticipate a funding gap of $1.4 million <br /> to complete improvements for the streetscape for the Retail Cinema Project; and <br /> WHEREAS, additional funding in the amounts of $600,000 from the Agency's <br /> Working Capital Balance and $800,000 from the "Private Incentive Project" budgeted as <br /> part of the original Downtown Funding Plan may be made available to provide sufficient <br /> funds to fill the above-described funding gap. <br /> NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF <br /> THE REDWOOD CITY REDEVELOPMENT AGENCY AS FOLLOWS: <br /> 1. The following stated amounts are hereby appropriated or transferred from the <br /> stated appropriations or balances and are appropriated or transferred for <br /> improvements for the Streetscape of Retail Cinema Project: <br /> Amount From <br /> $600,000 Redevelopment Agency Working Capital Fund <br /> $800,000 Private Incentive Project <br /> 2. The foregoing sums appropriated and transferred for the purposes hereinabove <br /> specified are effective upon adoption of this resolution, and shall be in addition to <br /> all other sums appropriated or transferred for such purposes during the fiscal <br /> year. <br /> * * * <br /> Atty/Reso.1566 <br /> 092205 <br />