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HomeMy WebLinkAbout25131RESOLUTION NO. 25131 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 2023 — 2024, 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 2023-2024 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 2023-2024, 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, 2023, to June 30, 2024 ("ROPS 23-24 A&B") in the form attached to this Resolution as Exhibit A, which serves as the Fiscal Year 2023-2024 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, 2023, to June 30, 2024. 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. 25131 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 23-24 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 2023-2024 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 2023-2024 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 23-24 A&B or the Fiscal Year 2023-2024 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 6. The Director of Finance is authorized, at the end of Fiscal Year 2023- 2024 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. Resolution No. 25131 Page 3 1 ADOPTED THIS 29TH DAY OF JUNE 2023. Scoff s, City Manager ATTEST: Brend ree, City Clerk CERTIFICATION STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) ss. CITY OF PALM SPRINGS) I, BRENDA PREE, City Clerk of the City of Palm Springs, hereby certify that Resolution No. 25131 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 29, 2023, by the following vote: AYES: Councilmembers deHarte, Holstege, Middleton; Mayor Pro Tem Bernstein; and Mayor Garner NOES: None ABSENT: None RECUSED: None IN WITNESS WHEREOF, I have here to et my hand and affixed the official seal of the City of Palm Springs, California, this T-374 day of July 2023. & �4� renda Pree, MMC, CERA, City Clerk City of Palm Springs, California