HomeMy WebLinkAbout24914RESOLUTION NO. 24914
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM
SPRINGS, CALIFORNIA, ACTING SOLELY IN ITS CAPACITY AS
THE SUCCESSOR AGENCY TO THE PALM SPRINGS
COMMUNITY REDEVELOPMENT AGENCY, APPROVING THE
SUCCESSOR AGENCY BUDGET FOR FISCAL YEAR 2021-2022,
AND OTHER SUCH MATTERS AS REQUIRED.
WHEREAS, in accordance with the provisions of the California Health and Safety
Code Section 34173, the City Council of the City of Palm Springs has been designated and
has accepted such designation of "Successor Agency to the Palm Springs Community
Redevelopment Agency" ( "Successor Agency") to carry out the purposes of and exercise
the powers granted to successor agencies; and
WHEREAS, pursuant to City Charter Section 903 the City Council conducted a duly
noticed Public Hearing with respect to the Fiscal Year 2021-2022 Budget; and
WHEREAS, the City Council has examined said budget, and considered all written
and verbal public comments, and after due deliberations and consideration, made any such
amendments in the preliminary budget as it considered desirable; and
WHEREAS, pursuant to City Charter Section 904, the City Council desires to adopt
the Budget for Fiscal Year 2021-2022.
NOW THEREFORE THE CITY COUNCIL OF THE CITY OF PALM SPRINGS
DETERMINES, RESOLVES AND APPROVES AS FOLLOWS:
SECTION 1. The City Council, as the Successor Agency's governing board, has
considered and approved the Recognized Obligation Payment Schedule (ROPS) for the
period of July 1, 2021, to June 30, 2022 ('BOPS 20-21 A&B") in the form attached to this
Resolution as Exhibit A, which serves as the Fiscal Year 2021-2022 Budget for the
Successor Agency.
SECTION 2. The City Council, as the Successor Agency's governing board, has
considered and approved the administrative budget in an amount equal to the Administrative
Cost Allowance provided in California Health and Safety Code Section 34171(b)(3) for the
period of July 1, 2021, to June 30, 2022. The administrative cost estimates are as follows:
40000 Salaries $175,896
41450 Telecommunication 258
41600 PERS Contribution 47.418
41700 Medicare Tax 2,551
41900 Fringe Benefits 23,619
41930 RHS Health Benefit 258
Total $250,000
Resolution No. 24914
Page 2
To the extent that funds remain after payment of salaries and benefits, any remaining
funds will be applied to legal costs incurred by the Successor Agency, costs to prepare
the ROPS or audit of the Successor Agency's financial statements, without any further
action of the Successor Agency or the Oversight Board to the Successor Agency
("Oversight Board").
SECTION 3. Any changes to ROPS 21-22 A&B line items, clawbacks,
adjustments, or similar changes to the amounts payable from the Redevelopment
Property Tax Trust Fund (RPTTF) or other sources or changes required by the Oversight
Board, the Riverside County Auditor -Controller, or the State of California Department of
Finance, shall constitute an approved amendment to the Successor Agency budget
without further action by the Successor Agency, including the payment of any proceeds
of land sales that occur during Fiscal Year 2020-2021 required to be remitted to the
Riverside County Auditor -Controller.
SECTION 4. The City Manager is hereby authorized to pay any demands of the
State of California Department of Finance in Fiscal Year 2021-2022 pursuant to AB X1
26, as amended, and such demand shall constitute an approved amendment to the
Successor Agency budget without further action by the Successor Agency Board.
SECTION 5. The City Manager is hereby authorized to execute any professional
services agreement or other contract specifically included or to be included in the
approved ROPS 21-22 A&B or the Fiscal Year 2021-2022 Budget so long as such
contract does not exceed the amount so funded. The authority to enter into agreements
pursuant to this provision shall be deemed complementary to and consistent with the
authority to enter into contracts provided in City Council Resolution No. 20271.
SECTION fi. The Director of Finance is authorized, at the end of Fiscal Year 2021-
2022 through the closing of the accounting records for each such fiscal year, to make and
record appropriate interfund transfers and fund balance transfers to appropriation
accounts as required to properly account for and balance activity accounts, programs and
funds, prior to the completion of the fiscal year audit.
SECTION 7. In retaining the responsibilities of the Palm Springs Community
Redevelopment Agency as provided in California Health and Safety Code Section 34173,
the City Council expressly determines, recognizes, reaffirms, and ratifies the statutory
limitation on the City and the City Council's liability in retaining the responsibilities of the
Community Redevelopment Agency of the City of Palm Springs pursuant to AB X1 26.
Nothing in this Resolution shall be construed as a commitment, obligation, or debt of the
City or any resources, funds, or assets of the City to fund the City's service as the
Successor Agency as provided in this Resolution.
Fi�
Resolution No. 24914
Page 3
PASSED, APPROVED, AND ADOPTED BY THE PALM SPRINGS CITY
COUNCIL, ACTING SOLELY IN ITS CAPACITY AS THE SUCCESSOR AGENCY TO
THE PALM SPRINGS COMMUNITY REDEVELOPMENT AGENCY, THIS 10TH DAY OF
JUNE, 2021.
Justin 64fton, City M ager
ATTEST:
-Y
bony J. M I
a, City er
CERTIFICATION
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) ss.
CITY OF PALM SPRINGS)
I, ANTHONY J. MEJIA, City Clerk of the City of Palm Springs, hereby certify that
Resolution No. 24914 is a full, true, and correct copy, and was duly adopted at a regular
meeting of the City Council of the City of Palm Springs on June 10, 2021, by the following
vote:
AYES: Councilmembers Garner, Kors, Woods, Mayor Pro Tern Middleton, and
Mayor Holstege
NOES: None
ABSENT: None
ABSTAIN: None
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the
City of Palm Springs, California, this 'I day of
bony J. Me a, MM Tallifornia
i y Clerk
City of Palm rings,
0
Resolution No. 24914
Page 4
11
EXHIBIT "A"
Resolution No. 24914
Page 5
Recognized Obligation Payment Schedule (ROPS 21-22) - Summary
Filed for the July 1, 2021 through June 30, 2022 Period
Successor Agency: Palm Springs
County: Riverside
Current Period Requested Funding for Enforceable
Obligations (RODS Detail)
A Enforceable Obligations Funded as Follows (B+C+D)
E
F
21-22A Total 21-22B Total ROPS 21-22
(July - (January - Total
December) June)
$ 2,286,310 $ - $ 2,286,310
Bond Proceeds - - -
Reserve Balance
Other Funds
Redevelopment Property Tax Trust Fund (RPTTF) (F+G)
RPTTF
G Administrative RPTTF
H Current Period Enforceable Obligations (A+E)
Certification of Oversight Board Chairman.
Pursuant to Section 34177 (o) of the Health and Safety
code, I hereby certify that the above is a true and
accurate Recognized Obligation Payment Schedule for
the above named successor agency.
F1
2,262,928 - 2,262,928
23,382 - 23,382
$ 137,168 $ 2,738,644 $ 2,875,812
137,168 2,486,644 2,625,812
- 250,000 250,000
$ 2,423,478 $ 2,738,644 $ 5,162,122
isl lmtum1 ]' aL
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Resolution No. 24914
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