R-468 (2)
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Redevelopment Agency Meeting June 20, 2000 Santa MOnica, CalifornIa
RESOLUTION NO. 468 (RAS)
(Redevelopment Agency Series)
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF SANTA
MONICA APPROVING ITS BUDGET FOR THE FISCAL YEAR 2000-01
WHEREAS, the proposed budget for the fiscal year 2000-01 was submitted to the
Redevelopment Agency as directed by Section 33612 of the CalifornIa Health and Safety
Code, and
WHEREAS, the Redevelopment Agency held a public hearing on said budget after
a notice of said budget hearing was published not less than ten (10) days prior thereto, and
WHEREAS, after said public hearing, the Redevelopment Agency conSIdered
further Its proposed budget,
NOW THEREFORE, THE REDEVELOPMENT AGENCY OF THE CITY OF SANTA
MONICA RESOLVES AS FOLLOWS
SECTION 1 The budget as submitted by the Executive DIrector and revised by
the Redevelopment Agency, entitled "City of Santa MOnica, Proposed Budget, 2000-01"
(Budget), IS hereby approved and adopted In adoptmg the Budget, the Redevelopment
Agency Intends to, and by thiS Section does, adopt and approve the total operating
apprOpriation, consisting of Salaries and Wages, Supplies and Expenses, and Capital Outlay
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major expenditure categories, each program category ofthe Capital Improvements budget, and
the revenue detaIl The ExecutIve DIrector IS authonzed to allot as appropnated A copy of the
Budget IS attached hereto as Exhibit A
SECTION 2 The schedule attached hereto entitled "Fiscal Year 2000-01 Schedule
of Redevelopment Reimbursements to the General and Pier Fund", constitutes Indebtedness
In accordance with CalifornIa Health and Safety Code Sections 33670 ET SEQ of Project
Areas so indicated, and replaces for fiscal year 2000-01, ExhibIt 1 to the ReImbursement
Agreement entered Into between the Redevelopment Agency and the City on November 22,
1994
SECTION 3 A certified copy of the Budget shall be filed with the Director of
Finance/City Controller and with the City Clerk, and certIfIed copIes of the Budget shall be
reproduced and made available for use as directed by Section 1505 of the Charter of said City
SECTION 4 In adopting the Budget, the Redevelopment Agency does hereby
reappropriate the unencumbered balances and unexpended encumbrances of the fiscal year
1999-00 Capita/Improvements budget rn an amount not to exceed $17,123,300
SECTION 5 The 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
n,1U~~Lh4IM~
MAksHA JON~ MOUTRtE -
City Attorney
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Adopted and approved this 20th day of June, 2000
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I hereby certify that the foregomg Resolution No 468 (RAS) was duly adopted at
a jOint meeting of the CIty CouncIl, the Housing Authority, the Parking Authority and
the Redevelopment Agency held on the 20th day of June, 2000, by the follOWing vote
Ayes Agency Member: Holbrook, Rosenstein, McKeown, Feinstein, Bloom,
Chair Pro Tem O'Connor, Chair Genser
Noes' Agency Member None
Abstain Agency Member None
Absent Agency Member None
ATTEST
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FISCAL YEAR 2000-01 SCHEDULE OF REDEVELOPMENT REIMBURSEMENTS
TO THE GENERA'" ,AND PIER FUNDS
PROJECT AREA (FUND #1 "MOUNT DESCRIPTION
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Low/Moderate Income Housmg (15) $ 124.800 -- Lease payment for development of 175 Ocean Park
Boulevard Housmg Project pursuant to Payment
Agreement of May 8, 1984
$ 1,000 -- Bank service fees
Total 15 Fund $ 125,800
Downtown (16) 500 -- Redevelopment Agency member allowance
66,150 -- Staff time and associated benefits costs
3,000 -- Office supplies
2,450 -- Contribution to Workers' Compensation Self-
Insurance Fund
300 -- Bank service fees
600 -- Rent
300 -- Conferences/meetmgsftravel
113,000 -- Earthquake msurance on parking structures
5.700 -- Relocation payments
59,000 -- Community Corporation of Santa MOnica grant for
development of low/moderate Income houslOg
projects
23,000 -- Fiscal agent fees
Total 16 Fund $ 274,000
FISCAL YEAR 2000-01 SCHEDULE OF REDEVELOPMENT REIMBURSEMENTS
TO THE GENERAL AND PIER FUNDS
PROJECT ,AREA (FUND #1 AMOUNT DESCRIPTION
Earthquake Recovery (17)
(A) General Fund 1.500 -- Redevelopment Agency member allowance
421,000 -- Staff time and associated benefits costs
3,700 -- Telephone costs
4,800 -- Office supplies
1,300 -- Bank service fees
7,600 -- Contnbutlon to Workers' Compensation Self-
Insurance Fund
1,000 -- Advertising
16,300 -- Rent
6,700 -- Conferences/meetings/travel
6.000 -- Membership and dues
500 -- Special departmental supplies
500 -- Books and pamphlets
178,800 -- ProfeSSional services
70,000 -- Legal expense
Sub-total General Fund $ 719,700
(B) Pier Fund $ 83.900 -- Economic development work done on behalf of the
17 fund
Sub-total for Pier Fund $ 83.900
Total 17 Fund $ 803,600
Ocean Park (18) 500 -- Redevelopment Agency member allowance
71,000 -- Staff time and associated benefits costs
2,000 -- Contnbutlon to Workers' Compensation Self-
Insurance Fund
200 -- Bank service fees
2,800 -- Office supplies
600 -- Re nt
300 -- Conferences/meetings/travel
59,000 -- Community Corporation of Santa Monica grant for
development of low/moderate Income housing
projects
15,800 -- Fiscal agent fees
5,900 -- Maintenance of public access area
Total 18 Fund $ 158,100