HomeMy WebLinkAbout5/1/2012 - RESOLUTIONS - 006 RESOLUTION NO. 006
A RESOLUTION OF THE OVERSIGHT BOARD OF THE
SUCCESSOR AGENCY TO THE PALM SPRINGS
COMMUNITY REDEVELOPMENT AGENCY
APPROVING THE ADMINISTRATIVE BUDGET FOR
THE PERIOD ENDING JUNE 30, 2013.
WHEREAS, in accordance with the provisions of the California Health and Safety
Code Section 34173, the City Council of the City of Palm Springs, a public body,
corporate and politic, has been designated and has accepted such designation of
Successor Agency ("Successor') to the Community Redevelopment Agency of the City
of Palm Springs to carry out the purposes of and exercise the powers granted to
Successor Agencies in accordance with Assembly Bill X1 26 (ABX1 2!6), Section 1.85 of
Division 24 of the Health and Safety Code; and
WHEREAS, pursuant to Section 34177(1)(2)(A), the initial DRAFT "Recognized
Obligation Payment Schedule" ("ROPS") was prepared by the Successor Agency for
the enforceable obligations of the former redevelopment agency by March 1, 2012; and
WHEREAS, each ROPS shall project the dates and amounts of scheduled
payments for each enforceable obligation for the remainder of the time period during
which the redevelopment agency would have been authorized to obligate property tax
increment had such a redevelopment agency not been dissolved; and
WHEREAS, the initial draft ROPS shall be reviewed and certified, as to its accuracy,
by an external auditor designated by the Riverside County Auditor-Controller pursuant
to Section 34182; and
WHEREAS, the certified initial draft ROPS was submitted to and duly approved by
the Oversight Board and submitted to the County Auditor Controller on or before April
15, 2012; and
WHEREAS, the Oversight Board, in accordance with the provisions of the California
Health and Safety Code Section 37179 (a), has been formed to carry out the purposes
and exercise the powers granted to Oversight Boards in accordance with Assembly Bill
X1 26 (ABX1 26), Section 1.85 of Division 24 of the Health and Safety Code; and
WHEREAS, the Oversight Board is now in receipt of the ROPS for the period of July
1, 2012 to December 31, 2012, including the annual Administrative Budget which is
contained in the ROPS; and
WHEREAS, the initial ROPS has not yet been certified by the County Auditor-
Controller; and
Resolution No. 006
Page 2
NOW, THEREFORE, BE IT RESOLVED BY THE OVERSIGHT BOARD OF THE
SUCCESSOR AGENCY OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE
CITY OF PALM SPRINGS AS FOLLOWS:
SECTION 1. The City Council as the Successor Agency's governing board may
establish and approve the Recognized Obligation Payment Schedule in the form
attached to this Resolution as Exhibit A. The City Council, as Successor Agency, shall
direct the City Clerk to cause the transmission of the ROPS to the Riverside County
Auditor-Controller, the State Controller's Office, and the State Department of Finance, or
alternatively to provide notice to those entities together with the address of the City's
website and the posting of the ROPS to the City's website.
SECTION 2. The Successor Agency has found and determined that the
establishment of a ROPS is not a "project" requiring environmental review under the
California Environmental Quality Act (Public Resources Code Section 21000, et seq.)
because it pertains to governmental fiscal activities which do not involve any
commitment to any specific project which may result in a potentially significant impact
on the environment.
SECTION 3. The Successor Agency has recognized that the ROPS, including
the Administrative Budget, shall serve as the budget document for the Successor
Agency during the designated operative period and appropriated funds as identified.
SECTION 4. The Successor Agency is required to submit the Administrative
Budget to the Oversight Board for approval.
SECTION 5. The Oversight Board hereby approves the Administrative Budget
for the Successor Agency for the period July 1, 2012 to December 31, 2012, a copy of
which is attached as Exhibit A to this Resolution.
The Clerk/Secretary is hereby authorized and directed to approve line item
budget transfers to the Administrative Budget, insofar as such transfers do not increase
the overall Administrative Budget, upon the recommendation of the City of Palm Springs
Director of Finance and Director of Community and Economic Development, acting in
their capacities as officers and directors of the Successor Agency to the Palm Springs
Community Redevelopment Agency.
SECTION 6. Subject to its adoption by the Successor Agency in the form shown
in Exhibit "A" to this resolution, the Oversight Board directs the Clerk/Secretary to cause
the transmission of the Administrative Budget to the Riverside County Auditor-
Controller, the State Controller's Office, and the State Department of Finance, or
alternatively to provide notice to those entities together with the address of the City's
website and the posting of the Administrative Budget to the City's website.
SECTION 7. The Resolution will become effective three business days after its
adoption.
Resolution No. 006
Page 3
PASSED, APPROVED AND ADOPTED BY THE OVERSIGHT BOARD OF THE
SUCCESSOR AGENCY TO THE PALM SPRINGS COMMUNITY REDEVELOPMENT
AGENCY THIS 1ST DAY OF MAY, 2012.
CHAIRPERSON
ATTEST:
ERK/SECRETARY
CERTIFICATION
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) ss.
CITY OF PALM SPRINGS )
I, JAMES THOMPSON, Clerk/Secretary, to the Oversight Board of the Successor
Agency to the Palm Springs Community Redevelopment Agency, hereby certify that
Resolution No. 006 is a full, true and correct copy, and was duly adopted at a regular
meeting of the Oversight Board on May 1, 2012, by the following vote:
AYES: Board Members Deas, Marshall, Ready, Van Horn, Vice Chair Howell and
Chair Flavin.
NOES Board Member Foat.
ABSTAIN None.
ABSENT None.
mes Thompson, Clerk/Secretary
City of Palm Springs, California
2012-13 SUCCESSOR AGENCY ADMIN BUDGET including Economic Deve/op lent
Merged Area 1 Merged Area 2 Housing General Fund
Fund 870 Fund Fund 871 Fund Fund 874 Fund 001-1400
SUCCESSOR AGENCY
40000 Regular Employees 92,917 ACA 92,917 ACA 129,191 147,936
40100 Salary Charge/OtherAcc 2,500 ACA 2,500 ACA 0 0
40200 Temporary Employees 0 ACA 0 ACA 5,000 0
41450 Telcommunications Allowance 0 0 0 900
41600 P.E.R.S.Contribution 26,894 ACA 26,894 ACA 37,393 42,819
41620 PERS- POB 0 0 0 17,069
41700 Medicare Tax 1,455 ACA 1,455 ACA 2,093 2,317
41900 Fringe Benefits 14,317 ACA 14,317 ACA 18,194 22,507
41920 Workers Compensation 0 0 0 32,031
41800 FICA 0 ACA 0 ACA 310 0
41920 RHS 240 ACA 240 ACA 0 120
41940 Retiree Health Benefit 0 0 0 26,427
Total Personnel Services 138,323 138,323 192,181 292,126
OTHER ADMIN COSTS
42015 Communications 0 0 0 1,000
42100 Office Supplies 0 0 0 1,500
42500 Travel&Training 0 0 0 5,000
42520 Conferences 0 0 0 5,290
42350 Dues&Subscriptions 0 0 0 11,315
42570 Printing &Publishing 0 0 0 6,400
42900 Office Equipment 0 0 0 2,000
42920 PC/Hardware/Software 0 0 0 2,100
43200 Contractual Services 0 0 0 60,000
49000 Insurance 4,533 RPTTF 4,444 RPTTF 892 25,048
ROPS Building Rental 10,500 RPTTF 4,500 RPTTF 1,000 0
49040 Facilities Maintenance 0 0 0 78,317
Benefits Admin 0 0 0 3,249
Rebate Consulting Services 2,500 2,500 0 0
ROPS Audit Services 10,000 RPTTF 6,000 RPTTF 606 0
ROPS General Legal Counsel 20,000 RPTTF 10,000 RPTTF 5,000 0
ROPS Bond Disclosure/Financial Analysis 5,000 RPTTF 5,000 RPTTF 1,500 0
ROPS Trustee Fees 7,500 RPTTF 5,000 RPTTF 2,500 0
Contingency 100,000
ROPS ROPS Consulting/Preparation 6,000 RPTTF 0 RPTTF 0 0
66,033 37,444 11,498 301,219