HomeMy WebLinkAbout25227' RESOLUTION NO.25227
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 2024 — 2025, 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, 2024, to June 30, 2025 ("ROPS 24-25
A&B") in the form attached to this Resolution as Exhibit 1 (Resolution 25169),
which serves as the Fiscal Year 2024-2025 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 $85,711.44 for the period of July 1, 2024, to June 30, 2025. 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").
Resolution No. 25227
Page 2
SECTION 3. Any changes to ROPS 24-25 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 2024-2025 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 2024-2025
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 24-25 A&B or the Fiscal Year 2024-2025 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 2024- 2025 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. 25227
Page 3
' ADOPTED THIS 27TH DAY OF JUNE 2024,
Scott C. Stiles, City Manager
ATTEST:
Brenda Pree, 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. 25227 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 27, 2024
by the following vote:
AYES: Councilmember Garner, Mayor Pro Tem deHarte, and Mayor Bernstein
NOES: None
ABSENT: Councilmembers Middleton and Holstege
ABSTAIN: None
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the
City of Palm Springs, California, this 5 day of �t, t, 2024.
D�-
renda Pre6, MMC, CERA, City Clerk
City of Palm Springs, California