R-517City Council Meeting 6-23-09 Santa Monica, California
RESOLUTION NO. 517 (RAS)
(REDEVELOPMENT AGENCY SERIES)
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF SANTA
MONICA APPROVING ITS BUDGET FOR THE FISCAL YEAR 2009-10
WHEREAS, the proposed budget for the fiscal year 2009-10 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 REDEVELOPMENTAGENCY 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,' 2009-10"
(Budget), is hereby approved and adopted. In adopting the Budget, the Redevelopment
Agency intends to, and by this Section does, adopt and approve the total operating
appropriation, consisting of Salaries and Wages and Supplies and Expenses (including
1
Capital Outlay) major expenditure categories, Capital Improvements budget, and the
revenue detail. The Executive Director is authorized to allot as appropriated. A copy of the
Budget is attached hereto as Exhibit A.
SECTION 2. The. schedules attached hereto entitled "Fiscal Year 2009-10
Schedule of Redevelopment Reimbursements to the General Fund", constitutes the..
Redevelopment Agency's indebtedness in accordance with California Health and Safety
Code Sections 33670 ET. SEQ. of Project Areas so indicated, and replaces for fiscal year
2009-10 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 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 re-
appropriate the unencumbered balances and unexpended encumbrances ofthe fiscal year
2008-09 Capital Improvements budget in an amount not to exceed $107,416,153.
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:
for the Redevelopment Agency
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FISCAL YEAR 2009-10 SCHEDULE OF REDEVELOPMENT REIMBURSEMENTS
TO THE GENERAL FUND
PROJECT AREA (FUND #1 AMOUNT DESCRIPTION
Low/Moderate Income
Housina H5)
$ 152,200 -- Lease payment for development of 175 Ocean
Park Boulevard Housing Project pursuant to
Payment Agreement of May 8, 1984.
$ 141,000 -- Staff time; associated benefit costs and bank
service fees
Total 15 Fund $ 293,200
Downtown 1161
$ 102,192 -- Staff time and associated benefit costs
$ 500 -- Redevelopment Agency member allowance
$ 200 -- Contribution to Workers' Compensation Self-
Insurance Fund
$ 300 -- Bank service fees
$ 3,500 -- Office supplies
$ 700 -- Rent
$ 400 -- Conferences/meetings/travel
$ 4,600 -- Contribution to Comprehensive Self-Insurance
Fund
$ 165,400. -- Earthquake insurance on parking structures
$ 66,600 -- Community Corporation of Santa Monica grant
for development of low/moderate income housing
projects
$ 26,000 -- Fiscal agent fees
Total 16 Fund $ 370,392
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FISCAL YEAR 2009-10 SCHEDULE OF REDEVELOPMENT REIMBURSEMENTS
TO THE GENERAL FUND
PROJECT AREA (FUND #) AMOUNT
Earthquake Recovery (171
(A) General Fund
$ 1,399,871 -- Staff time and associated benefits costs
$ 1,500 -- Redevelopment Agency member allowance
$ 1,900 -- Contribution to Workers' Compensation Self-
Insurance Fund
$ 1,300 - Bank service fees
$ 4,200 -- Telephone costs
$ 11,300 -- Office supplies
$ 500 -- Advertising
$ 391,800 -- Rent
$ 8,600 -- Conferences/meetings/travel
$ 10,800 -- Membership and dues
$ 16,600 -- Contribution to Comprehensive Self-Insurance
Fund
$ 150,000 - Building and structure maintenance
$ 500 - Special departmental supplies
$ 500 -- Books and pamphlets
$ 436,300 -- Professional services
$ 70,700 - Legal expense
$ 12,000 -- Training
$ 99,500 -- Community Corp of Santa Monica
Total 17 Fund
$ 2,617,871
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FISCAL YEAR 2009-10 SCHEDULE OF REDEVELOPMENT REIMBURSEMENTS
TO THE GENERAL FUND
Ocean Park t18)
114,590
500
200
200
3,400
800
400
3,300
-- Staff time and associated benefits costs
-- Redevelopment Agency member allowance
-- Contribution to Workers' Compensation Self-
Insurance Fund
-- Bank service fees
-- Office supplies
-- Rent
-- Conferences/meetings/travel
-- Contribution to Comprehensive Self-Insurance
Fund
-- Community Corporation of Santa Monica grant
for development of low/moderate income
housing projects
-- Fiscal agent fees
-- Maintenance of public access area
66,600
$ 17,900
$ 6,500
Total 18 Fund
$ 214,390
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Adopted and approved this 23`d day of June, 2009.
en Gens r, Chair
I hereby certify that the foregoing Resolution No. 517 (RAS) was duly adopted at
a joint meeting of the Santa Monica City Council and the Redevelopment Agency held
on the 23`d day of June, 2009, by the following vote:
Ayes: Agency members: Bloom, Davis, Holbrook, McKeown,
Chair Genser, Chair Pro Tem O'Connor
Noes: Agency members: None
Abstain: Agency members: None
Absent: Agency members: Shriver
ATTEST:
~.~ ~ ~-
Maria M. Stewart, Agency Secretary