R-464 (2)
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Redevelopment Agency Meetmg Febraury 22, 2000 Santa Monica, California
RESOLUTION NO_ 464 tRAs)
(Redevelopment Agency Series)
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF
SANTA MONICA AMENDING THE BUDGET FOR THE FISCAL YEAR 1999-00
WHEREAS, the Redevelopment Agency adopted the annual budget for fiscal year
1999-00 on June 22, 1999, and
WHEREAS, the Executive Director conducted a mid-year review dunng January and
February 2000, and
WHEREAS, the Redevelopment Agency may amend Its budget by motion,
NOW. THEREFORE, THE REDEVELOPMENT AGENCY OF THE CITY OF SANTA
MONICA DOES RESOLVE AS FOllOWS
SECTION 1 The budget for the fiscal year 1999-00 IS hereby amended by the revenue
adjustments detailed In Exhibit A
SECTION 2 The budget for fiscal year 1999-00 IS hereby amended by the expenditure
budget changes detaIled In Exhibit B
SECTION 3 The Agency Secretary shall certify to the adoption of this resolution and
thenceforth and thereafter the same shall be In full force and effect
APPROVED AS TO FORM
JHJ"Ad~.b IkaL
MarSha Jone0!J1outne
City Attorney
52
Adopted and approved this 22nd of February, 2000
l
~'lAtL1t~
~am O'Connor, Chair Pro Tern
I, Mana M Stewart, City Clerk of the City of Santa MOnica, do hereby
certify that the foregomg Resolution No 464 (RAS) was duly adopted at a Jomt
meetmg of the Santa Monica City Council and the Redevelopment Agency held
on the 22nd of February, 2000, by the follOWing vote
Ayes Agency members
Holbrook, Rosenstein, McKeown, Femsteln,
Bloom. Chair Pro Tem O'Connor
Noes Agency members
None
Abstain Agency members
None
Absent Agency members
Chair Genser
ATTEST
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Mana M Stewart
EXHIBIT A
PROPOSED CHANGES TO FY 1999-00 REVENUE BUDGET
Budaet
Fund Department/Division Adjustment Reason
General Resource Management/Housing $ 3,100.000 To reflect reimbursement from
and Redevelopment Earthquake Recovery Project Fund
for funds advanced by the General
Fund for the Virginia Park project
General Resource Management/ $ 44,950 To reflect Increased revenues from
Adm I nlstratlon the Farmers Markets
General Flnance/Treasury S 100,000 To reflect Interest payment on
promissory notes from Earthquake
Recovery Project Fund
TORCA Resource Management/Housing $ 222,953 To reflect Increased TORCA
and Redevelopment ConverSion tax revenue
Low/Moderate Income Resource Management/Housing $ 936,800 To reflect Increased tax Increment
Housing and Redevelopment revenue from the Earthquake
Recovery and Ocean Park project
areas
Low/Moderate Income Resource Management/Housmg $ 12.953,000 To reflect 20% share of funds from
Housing and Redevelopment Earthquake Redevelopment bond
proceeds
Earthquake Recovery Resource Management/ S 2,985,200 To reflect higher tax increment
Project AdmInistratIon revenue
Earthquake Recovery Resource Management/ $ (17,688,000) To reflect transfer of 20% of
PrOject Administration Earthquake Redevelopment bond
proceeds to Low/Moderate Income
Housmg Fund and to adjust budget
to actual amount of bond Issuance
Ocean Park Project Resource Management/ $ 544,000 To reflect Increased tax Increment
Admllllstratlon revenues resulting from the sale
and subsequent reassessment of a
major property In the project area
Miscellaneous Grants EnVIronmental and Public Works $ 245, ODD To reflect DesIgn for Excellence
Management! Administration Grant funds received from
Southern Callforllla Edison for
construction of the PubliC Safety
FaCIlity
53
Fund
MIscellaneous Grants
PROPOSED CHANGES TO FY 1999-00 REVENUE BUDGET
EXHIBIT A
Department/Division
Library/AdminIstratIon
Budget
Adjustment
Reason
$
62,538 To reflect new grants received by
the Library ($1,000 for library
Matenals for an Informed
Community, $5,000 for Youth
Services Matenals, and $56,429 for
Gates Library Initiative) and a
revIsion to the California Literacy
Grant amount ($109)
54
PROPOSED CHANGES TO FY 1999-00 EXPENDITURE BUDGET
EXHIBIT B
Fund
Department/Division
General
Planmng and Commumty $
DevelopmenU BUilding and
Safety
General
Community and Cultural Services I $
Parks and Sports
General
Recreation and Cultura1J S
Capital Improvements
General
Library/Administration and FaCilities $
Miscellaneous Grants
Non-Departmental/AU Other
Transactions
General
Environmental and Public
Works ManagemenU
Maintenance Management
Non-Departmental/
Retirement
55
BudSlet
Adjustment
320,900
34,967
$
66,375
$
49,646
Reason
To appropnate Supplies and
Expenses and Capital Outlay funds
for Plan Check positions
(+$31 ,900), and for related Plan
Check expenditures (+$289,000)
o
Add 2 0 FTE Parks Maintenance
Supervisor posItions and delete 1 0
FTE Equipment Operator I position
and 1 0 FTE Tree Trimmer
position
To appropnate funds to relocate
Palisades Park restroom from the
Oceana Hotel view COrridor
Amount IS based on payments
received from the Hotel to date
o
To appropriate In the General Fund
funds for 3 months of 1 0 FTE
Administrative Analyst (+$15,100),
pending confirmation of
classifications by Personnel, and
assorted employee benefits
(+$2,900) offset by a decrease In
library Supplies and Expenses
(-$18,000), and vanous grants
(+$5,000 Youth Services Matenals,
+$3,946 California Literacy Grant,
+$1,000 Library Matenals for an
Informed Community. and
+$56,429 Gates Library Initiative)
offset by a technlcallnterfund
transfer (-$66,375)
To appropriate techmcal Interfund
transfers In the Miscellaneous
Grants Fund (+$66,375)
To appropriate funds for addition of
1 0 FTE Warehouse Worker, 1 0
FTE Maintenance Management
Operations Supenntendent . and
1 0 FTE Pnnclpal Custodial
Supervisor positions, offset by
deletion of 1 0 FTE Storekeeper II
and 1 0 FTE Senior Administrative
Analyst-Maintenance Management
posllions (+$45,833) and
associated employee benefits
(+$3,813)
EXHIBIT B
PROPOSED CHANGES TO FY 1999-00 EXPENDITURE BUDGET
Bud~et
Fund Department/Division Adjustment Reason
General Streets, Traffic Control and $ 2.100,000 To appropriate additional funds for
Parking! Capital Crosswalk Improvements
Improvements (+$1 ,450,000) and Nielsen Way
Improvements (+$650,000)
General Non-Departmental! All S 2,646,015 To transfer funds for Public Safety
Other Transactions Facility bonds debt service from the
Balance Sheet $ 3,646,015 Trustee (-$546,015), and to
appropriate these funds
(-I-$546,015), to receive loan
repayment from the
Redevelopment Agency,
Earthquake Recovery Project
(+$1.000,000), to appropriate funds
(+$2,100,000) to the school district
from FY1998-99 savings, and
authOrize additional expenditure of
$118,000 to PO #3040 for
contlnumg cable negotiatIons,
settlement and associated legal
actions (SO)
General Recreation and Cultural! S 464,000 To appropriate funds for the
Capital Improvements MUnicipal Pool proJect, financed
from FY 1998-99 year-end savIngs
Balance Sheet $ 464,000
Miscellaneous Public SafetyJ $ 245,000 To request authonty to accept and
Grants Capital Improvements appropriate Design for Excellence
grant funds received from Southern
California Edison for construction
of the Public Safety FaCility
Asset Seizure Public Safety! $ 517,000 To appropnate Asset Seizure funds
Capital Improvements for construction of the PubliC Safety
FaCIlity
Citizens Option for Public Safety! $ 209,180 To appropriate additional 1999
Public Safety (COPS) Capital Improvements State COPS funds
Water Environmental and Public S 54,782 To appropriate funds for the
Works ManagementJ Water additIon of 1 0 FTE Water
Production and Treatment Plant
Operator Trainee POSition
(+$54,782), and to authOrize
payment of $380,000 under
proVIsions of Purchase Order
#099816 for MTBE technical
remediation oversight ($0)
56
EXHIBIT B
PROPOSED CHANGES TO FY 1999-00 EXPENDITURE BUDGET
BudRet
Fund Department/Division Adjustment Reason
Low I Moderate Resource Management 1 :), 621,656 To appropnate 20% of debt service
Income Housing, Housing & Redevelopment for RDA Earthquake Recovery
Redevelopment Bonds
Earthquake Recovery, Resource Management 1 $ 2,486,625 To appropnate 80% of debt service
Redevelopment Housing & Redevelopment for RDA Earthquake Recovery
Balance Sheet S (1,000,000) Bonds (+$2,486,625), and to repay
loan from the balance sheet to the
General Fund (-$1,000,000)
Pier Resource Management f S 44,950 To appropnate funds for an
Economic Development addlllon of 1 0 FTE limited-term (18
months) Staff Assistant III
Parks and Recreallon Recreallon & Culturall S 180,000 To appropnate funds for the
Capital Improvements MUnicipal Pool project
The followlnfl techmcal appropriation chanqes result from the recent Issuance of the Redevelopment Aflency
Earthquake Recovery Tax Allocation Bonds.
Earthquake Recovery,
Redevelopment
S (17,688,000)
Commumty & Economic
Development /
Capital Improvement
Low I Moderate Income Community & Economic
Housing, Redevelopment Development /
Capital Improvement
$
12,953,000
To delete Initial appropnahon
(-$69,500,000) and appropnate
actual bond proceeds In
accordance with Council dlrecllons
+$42,400,000 for Rand property
purchase (+$37,100,000 and
+$5,300,000 for housing),
+$7,712,000 for housing, and
+$1,700,000 for seismic retrofit of
parking structures
To appropnate bond proceeds
+$10,600,000 for Rand property
purchase, and i-$2,353,000 for
housing
The followrnfl appropriation chanfles maximize other current budRet authority for low 1 Moderate Income Housrnfl
Projects
General
Community & Economic
Development 1
Capital Improvement
$
3,124,059
TORCA
$
Community & EconomiC
Development 1
Capital Improvement
417,256
57
To appropriate +$24,059 available
at 6/30/99, and i-$3,100,000 from
sale of Virginia Park land to
Redevelopment Agency
To appropnate funds available at
12/31/99
EXHIBIT B
PROPOSED CHANGES TO FY 1999.00 EXPENDITURE BUDGET
BudRet
Fund Department/Division Adjustment Reason
Low I Moderate Community & EconomiC $ 1,126,890 To appropnate tax Increment
Income Housing Development I funds +$179,144 from Earthquake
Redevelopment Capital Improvement and +$135,880 from Ocean Park
projects available at 6/30/00, and
+$19,609 from Downtown project,
+$17.527 from Downtown-Vltalle
Gilpin allocation, -1-$733,839 from
Earthquake proJect, and +$40,891
from Ocean Park project available
at 6/30/99
Downtown Community & Economic $ 967,000 To appropnate tax Increment funds
Redevelopment Development I projected to be available at
CapLtal Improvement 6/30/00
Ocean Park Community & Economic $ 711,000 To appropnate tax Increment funds
Redevelopment Development / prolected to be available at
Capital Improvement 6/30/00
CDBG Community & Economic $ 574,314 To appropnate +$361,623 available
Development 1 at 12/31/99, and +$212,691
Capital Improvement projected to be available at
6/30/00
Mlsc Grants Community & Economic $ 103,077 To appropnate +$97,645 available
Development I at 12/31/99, and +$5,432 projected
Capital Improvement to be available at 6/30/00
The followmg appropriation chanRes result from MOU reqUlre""ents All appropriations are fmanced from each
fund's available fund balance.
Beach
EPWM/Beach Maintenance
s
17,900
53,524
12,000
Water
EPWMiWater
Solid Waste
Management
EPWM/Solid Waste Management
Pier
EPWM/Street Sweeping
EPWM/Recycllng
PollcelHarbor Unit
Resource Management/
EconomiC Development
2,900
700
19,200
36,347
Wastewater
EPWMiWastewater
1,000
30,700
EPWM/Envlronmental Programs
58
PROPOSED CHANGES TO FY 1999.00 EXPENDITURE BUDGET
Budget
Fund Department/Division Adjustment Reason
Auditorium Community & Cultural Services/ S 9,100
Event FaCilities
Airport Resource Management/Airport 2,319
Cemetery EPWM/Cemetery 18.143
Transportation TransportallonlTranslt 31,700
Admrnlstratlon
TransportallonlTransll 108,400
Maintenance
Transportallon/Translt 68,650
Services
Transportallon/Translt 19,919
Development
Cable Communications CIty Manager/Cable TV 10,478
Administration
Vehicle Management EPWM/Fleet Management 11,700
Workers' Compensation City Manager/Risk Management 12,800
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EXHIBIT B