R-524City Council Meeting 6-22-10 Santa Monica, California
RESOLUTION N0.524 (RAS)
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. 3361.2 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; and
WHEREAS, the Redevelopment Agency has amended its process of
budgeting and tracking all staff costs associated with planning and designing.
capital improvement projects which necessitates additional reimbursement for
those costs to the General Fund,
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, 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
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 amended schedules attached hereto entitled "Fiscal Year
2009-10 Schedule of Redevelopment Reimbursements to the General Fund", constitute
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 of the
fiscal year 2008-09 Capital Improvements budget in an amount not to exceed
$107,416,153.
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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.
Redevelopment Agency
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APPROVED AS TO FORM:
FISCAL YEAR 2009-10 SCHEDULE OF REDEVELOPMENT REIMBURSEMENTS
TO THE GENERAL FUND
PROJECT AREA (FUND #) AMOUNT DESCRIPTION
Low/Moderate Income
Housing 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
Tota115 Fund $ 293,200
Downtown t16)
$ 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
far 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 #1 AMOUNT
Earthquake Recovery 1171
(A) General Fund
$ 2,611,099 -- 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
$ 3,829,099
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FISCAL YEAR 2009-10 SCHEDULE OF REDEVELOPMENT REIMBURSEMENTS
TO THE GENERAL FUND
Ocean Park HS)
$ 114,590 -- Staff time and associated benefits costs
$ 500 -- Redevelopment Agency member allowance
$ 200 -- Contribution to Workers' Compensation Self-
Insurance Fund
$ 200 -- Bank service fees
$ 3,400 '- Office supplies
$ 800 -- Rent
$ 400 -- Conferences/meetings/travel
$ 3,300 -- Contribution to Comprehensive Self-Insurance
Fund
$ 66,600 -- Community Corporation of Santa Monica grant
for development of low/moderate income
housing projects
$ 17,900 -- Fiscal agent fees
$ 6,500 -- Maintenance of public access area
Total 18 Fund -
$ 214,390
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Adopted and approved this 22nd day of
I, Maria M. Stewart, City Clerk of the City of Santa Monica, do hereby certify that
the foregoing Resolution No. 524 (RAS) was duly adopted at a joint meeting of the
Santa Monica City Council and the Redevelopment Agency held on the 22"d day of
June; 2010, by the following vote:
Ayes:. Agency members: Bloom, Davis, Holbrook, McKeown,
Chair Shrives, Chair Pro Tem O'Connor
Noes: Agency members: None
Abstain: .Agency members: None
Absent: Agency members: O'Day
ATTEST:
~ Q ~
Maria M. Stewart, gency Secretary