HomeMy WebLinkAbout2/20/2013 - STAFF REPORTS - 2I lk MS
CITY COUNCIL AS HOUSING
'. ��o„o�rE•.,A• ." SUCCESSOR AGENCY STAFF
It REPORT
DATE: February 20, 2013 CONSENT CALENDAR
SUBJECT: BUDGET AMENDMENT TO FUND THE CITY'S HOUSING ELEMENT
UPDATE VIA A CONTRACT WITH TERRA NOVA PLANNING &
RESEARCH, INC. IN THE AMOUNT OF $25,000, A5587
FROM: David H. Ready, City Manager
BY: Community and Economic Development
SUMMARY
This action appropriates $25,000 from the Fund Balance of the Housing Successor
Agency (SERAF Payment) for the City's regular Housing Element ("Plan") Update. The
Housing Element is a required component of the City's General Plan and State law
requires regular review to ensure continued compliance with the provisions of the Plan.
The City has contracted with Terra Nova Planning & Research, Inc. to undertake the
work.
RECOMMENDATION:
1) Approve Resolution No. amending Resolution No. 23147, adopting
the Fiscal Year 2012-13 budget for the Housing Successor Agency, in the
amount of $25,000 for the Housing Element Update undertaken by Terra Nova
Planning & Research, Inc. (A5587).
2) Authorize the City Manager to execute all necessary documents.
ITEM NO. 21
Housing Element Update Staff Report
February 20, 2013--Page 2
FISCAL IMPACT:
The funds are available in the Fund Balance of the Housing Successor Agency Fund
(Fund 874).
n R a4andonomic
ctor Thomas J. Wilsgfi
)Ity Development Assistant City Aanager
David H. Ready,
City Manager/Exe utive Director
Attachments:
Budget Resolution
02
RESOLUTION NO.
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
PALM SPRINGS, CALIFORNIA, ACTING SOLELY IN ITS
CAPACITY AS THE HOUSING SUCCESSOR AGENCY TO
THE CITY OF PALM SPRINGS COMMUNITY
REDEVELOPMENT AGENCY, AMENDING THE BUDGET
FOR THE 2012-13 FISCAL YEAR
WHEREAS, Resolution No.23147 approving the budgetforthe Fiscal Year2012-13
was adopted on June 6, 2012; and
WHEREAS, the City Manager has recommended, and the City Council desires to
approve, certain amendments to said budget.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PALM SPRINGS,
ACTING SOLELY IN ITS CAPACITYAS THE HOUSING SUCCESSOR AGENCY TO THE
CITY OF PALM SPRINGS COMMUNITY REDEVELOPMENT AGENCY, DOES HEREBY
RESOLVE,that the Director of Finance is authorized to record inter-fund cash transfers as
required in accordance with this Resolution, and that Resolution No. 23147, adopting the
Fiscal Year 2012-13 budget for the Housing Successor Agency is hereby amended as
follows:
SECTION 1. ADDITIONS
Fund Activity Account Amount
874 $25,000.00
Purpose: Establish funding for statutory Housing Element Update, contract A5587, with
Terra Nova Planning & Research, Inc.
SECTION 2. SOURCE
Fund Activity Account Amount
Fund Balance (SERAF $25,000.00
Repayment)
ADOPTED THIS DAY OF 2013.
David H. Ready, City Manager
ATTEST:
James Thompson, City Clerk 03
Resolution No.
Page 2
CERTIFICATION
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) ss.
CITY OF PALM SPRINGS )
I, JAMES THOMPSON, City Clerk of the City of Palm Springs, hereby certify that
Resolution No. 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 by the
following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
James Thompson, City Clerk
City of Palm Springs, California
04