R21 (SAS)Successor Agency Meeting: September 9, 2014 Santa Monica,
California
RESOLUTION NO. 21 (SA)
A RESOLUTION OF THE SANTA MONICA REDEVELOPMENT SUCCESSOR
AGENCY APPROVING AND ADOPTING THE ADMINISTRATIVE BUDGET
FOR THE PERIOD JANUARY 2015 — JUNE 2015, 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 1St 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
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 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
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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 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 June 30, 2015, 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 June 30, 2015, which has to be approved by the Oversight Board, no
later than October 3, 2014; and
WHEREAS, the Successor Agency has reviewed and duly considered the
Administrative Budget for the period January 2015 — June 2015, inclusive, attached as
Exhibit 1, and other written evidence presented at the meeting, if any.
NOW, THEREFORE, THE SUCCESSOR AGENCY DOES RESOLVE AS
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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 January 2015 — June 2015, inclusive, attached as
Exhibit 1.
SECTION 3. The Successor Agency authorizes the Chief Administrative Officer
or his designee to:
(1) Provide an administrative cost estimate to the County Auditor - Controller for
the period January 2015 — June 2015, 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.
M
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.
APPROVED AS TO FORM:
Exhibit 1: Successor Agency Administrative Budget
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SUCCESSOR AGENCY ADMINISTRATIVE BUDGET
Exhibit 1
Costs
ROPS 14 -15 B Period FY 2014 -15 Total
Total Staffing Costs for appx 3 FTEs*
319,786
639,572
Custodial Services
2,099
4,198
Office Supplies and Expenses
4,538
9,076
Office Equipment
118
237
General Liability /Auto
3,167
6,334
Conferences, Meetings, Travel
545
1,089
Training
2,037
4,074
Memberships and Dues
750
1,500
Mileage
103
205
Utilities - Light /Power
2,029
4,057
Utilities - Telephone
1,469
2,937
Utilities - Water
1,868
3,736
Furniture and Furnishings
521
1,042
Bank Fees
4,775
9,550
Fiscal Agent Fees
6,000
12,000
Financial Consultant Services
9,000
18,000
Audit Services
15,000
30,000
Admin Indirect
11,541
23,081
Successor Agency Office Space Rent
212,525
425,050
Total Successor Agency Administrative Costs
597,869
1,195,738
* staffing costs do not include FY 14 -15 cost of living adjustments, as they have not yet been negotiated.
Adopted and approved this 9th day of September, 2014.
Terry O'Day, Chair Pro
I, Sarah Gorman, Agency Secretary of the City of Santa Monica, do hereby
certify that the foregoing Resolution No. 21 (SA) was duly adopted at the meeting of the
Santa Monica Redevelopment Successor Agency held on the 9th day of September
2014, by the following vote:
Ayes: Agency members: Davis, Holbrook, McKeown, Winterer, Vazquez
Chair Pro Tem O'Day
Noes: Agency members: None
Absent: Agency members: Chair O'Connor
ATTEST:
C�v #I 4
Sarah Gorman, Agency Secretary