r-12 saSuccessor Agency Meeting: February 12, 2013 Santa Monica, California
RESOLUTION NO. 12 (SA)
A RESOLUTION OF THE SANTA MONICA REDEVELOPMENT SUCCESSOR
AGENCY APPROVING AND ADOPTING THE ADMINISTRATIVE BUDGET FOR THE
PERIOD JULY 2013 — DECEMBER 2013, INCLUSIVE
WHEREAS, pursuant to the California Community Redevelopment Law (Health and
Safety Code Section 33000 et seq.), the City Council of the City of Santa Monica (the "Council')
adopted the Earthquake Recovery Redevelopment Project by Ordinance No. 1747 (CCS) on
June 21, 1994, the Downtown Redevelopment Project by Ordinance No. 1021 (CCS) on
January 13, 1976, the Ocean Park 1A Project by Ordinance No. 497 (CCS) on June 30, 1960,
and the Ocean Park 1B Project by Ordinance No. 516 (CCS) on January 24, 1961 (collectively
the "Redevelopment Plans "); and
WHEREAS, the California Legislature adopted, and the Governor signed, Assembly Bill
No. x1 26 and 27 x1 (2011 -2012 1" Ex. Sess.) enacted as Stats. 2011, 1st Ex. Sess. 2011 -2012,
chs. 5 -6 (hereinafter AB 26 and AB 27) into law; and
WHEREAS, in July 2011, California Redevelopment Agency v. Matosantos was filed in
the California Supreme Court, challenging the constitutionality of AB 26 and AB 27, and on
December 29, 2011, the Supreme Court issued its opinion in Matosantos, upholding AB 26 and
exercising its power of reformation to revise and extend each effective date or deadline for
performance of an obligation in part 1.85 of division 24 of the California Health and Safety Code,
and invalidating AB 27; and
WHEREAS, the City of Santa Monica is the designated Successor Agency of the
Redevelopment Agency of the City of Santa Monica, within the meaning of AB 26; and
WHEREAS, Section 341770) of the California Health and Safety Code provides that the
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Successor Agency shall prepare an administrative budget ( "Administrative Budget") and submit
it to the Oversight Board of the Successor Agency for its approval; and
WHEREAS, the Administrative Budget shall include the following:
(1) Estimated amounts for successor agency administrative costs for the upcoming six
month fiscal period;
(2) Proposed sources of payment for the costs identified in subparagraph (1);
(3) Proposals for arrangements for administrative and operations services provided by a
city, county, city and county, or other entity; and
WHEREAS, on February 14, 2012, the Successor Agency approved a Reimbursement
Agreement by and between the City of Santa Monica and Successor Agency, Contract No.
9549 (CCS /RAS /SA), in accordance with Section 34171(d)(1)(F) of the California Health and
Safety Code; and
WHEREAS, Section 34177(k) of the California Health and Safety Code requires the
Successor Agency to provide administrative cost estimates, from its approved Administrative
Budget that are to be paid from property tax revenues deposited in the Redevelopment Property
Tax Trust Fund, to the Los Angeles County Auditor - Controller for each six month fiscal period;
and
WHEREAS, under Title 14 of the California Code of Regulations, Section 15061(b)(3),
the approval of the Administrative Budget is exempt from the requirements of the California
Environmental Quality Act ( "CEQA"), in that it is not a project as the adoption of the
Administrative Budget will not have the potential of causing a significant environmental effect
and it can be seen with certainty that there is no possibility that the adoption of the
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Administrative Budget will have any significant effect on the environment; and
WHEREAS, the California Legislature adopted, and the Governor signed, Assembly Bill
No. 1484 enacted as Stats. 2012, ch. 25 (hereinafter AB 1484) into law; and
WHEREAS, AB 1484, requires the Santa Monica Redevelopment Successor Agency to
submit to the Los Angeles County Auditor - Controller the ROPS for the period ending December
31, 2013, for its review before approval by the Oversight Board; and
WHEREAS, AB 1484, requires the Santa Monica Redevelopment Successor Agency to
submit to the State of California Department of Finance the ROPS for the period ending
December 31, 2013, which has to be approved by the Oversight Board, no later than March 1
2013; and
WHEREAS, the Successor Agency has reviewed and duly considered the Administrative
Budget for the period July 2013 — December 2013, inclusive, attached as Exhibit 1, and other
written evidence presented at the meeting, if any.
NOW, THEREFORE, THE SUCCESSOR AGENCY DOES RESOLVE AS FOLLOWS:
SECTION 1. The Successor Agency hereby finds and determines that the foregoing
recitals are true and correct.
SECTION 2. The Successor Agency hereby approves and adopts the Administrative
Budget for the period July 2013 — December 2013, inclusive, attached as Exhibit 1.
SECTION 3. The Successor Agency authorizes the Chief Administrative Officer or his
designee to:
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(1) Provide an administrative cost estimate to the County Auditor - Controller for the
period July 2013 — December 2013, inclusive, based upon the approved
Administrative Budget; and
(2) Submit the Administrative Budget to the Oversight Board for approval;
(3) Take such other actions and execute such other documents as are appropriate to
effectuate the intent of this Resolution and to implement the Administrative Budget
on behalf of the Successor Agency.
SECTION 4. The Secretary of the Successor Agency shall certify the adoption of this
Resolution and thenceforth and thereafter the same shall be in full force and effect.
MARS JONES M\ TRIE \ 2
Successor AgencA unsel
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SUCCESSOR AGENCY ADMINISTRATIVE BUDGET
Attachment B -
Exhibit 1
Costs
ROPS 4 Period
FY 2013 -14 Total, i
Total Staffing Costs for 6.5 FTEs
644,808
1,289,617
Custodial Services
2,648
5,295
Office Supplies and Expenses
7,789
15,578
Office Equipment
991
1,983
General Liability /Auto
3,167
6,334
Conferences, Meetings, Travel
1,702
3,405
Training
3,353
6,705
Memberships and Dues
750
1,500
Mileage
113
226
Utilities - Light /Power
2,172
4,344
Utilities - Telephone
1,747
3,494
Utilities - Water
2,137
4,274
Furniture and Furnishings
765
1,530
Bank Fees
1,188
2,377
Fiscal Agent Fees
6,000
12,000
Financial Consultant Services
4,000
8,000
Audit Services
60,000
75,000
Admin Indirect
11,541
23,081
ITotall Successor Agency Administrative Costs
754,871.
1,464,743'
Adopted and approved this 12th day of Februan
I, Sarah Gorman, Agency Secretary of the City of Santa Monica, do hereby
certify that the foregoing Resolution No. 12 (SA) was duly adopted at the meeting of the
Santa Monica Redevelopment Successor Agency held on the 12th day of February
2013, by the following vote:
Ayes: Agency members: Holbrook, McKeown, Vazquez, Winterer
Acting Cbair Davis
Noes: Agency members:
Absent: Ageneymembem. O'Connor., O'Day
Sarah Gorman, Agency Secretary