HomeMy WebLinkAbout6/5/2002 - STAFF REPORTS (29) NOTICE OF PUBLIC HEARING
CITY OF PALM SPRINGS
COMMUNITY REDEVELOPMENT AGENCY
PROPOSED BUDGET SUMMARY
FISCAL YEAR 2002-2003
Below is the proposed 2002-2003 fiscal year budget in summary form. The supporting detail for
the proposed budget is available at City Hall in the City Clerk Department and the Library
Center. A public hearing on the proposed budget will be held at a regular meeting of the
Community Redevelopment Agency at 7:00 p.m. on June 5, 2002, in the Council Chamber at
City Hall, 3200 E. Tahquitz Canyon Way, Palm Springs, CA.
PROJECT CAPITAL DEBT
PROJECTS SERVICE
Merged Area #1 $ 811,043 $ 3,535,416
Merged Area #2 653,977 2,845,219
Low & Moderate Income Housing 828,112 465,605
Plaza Theatre 63,444 0
i
I
TOTAL $ 2,356,576 $ 6,846,240
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Written comments regarding the proposed budget may be submitted to the City Council prior to
the June 51h public hearing or persons may speak at the meeting ;
Dated this 20th day of May 2002,
Thomas M. Kanarr
Finance Department
City of Palm Springs, California
Publish May 24, 2002
PROOF OF PUBLICATION This is space For County Clerk's Filing Stamp
(2015.5.C.C.P)
STATE OR CALIFORNIA -
County of Riverside
I am a citizen of the United States and a resident of Proof of Publication of
the County aforesaid; I am over the age of eighteen ---------- -----------
years,and not a party to or interested in the
above-entitled matter.I am the principal clerk of a Na15s4 NOTICE OF PUBLIC HEARING
printer Of the,DESERT SUN PUBLISHING COMMUNITY REDEVELOPMENT AGENCY
COMPANY a newspaper of general circulation, PROPOSED
BUDGETS SUMMARY
printed and published in the city of Palm Springs, FSCAL YEAR
County of Riverside,and which newspaper has been g03
Bet in is the The cupaporur year il for
the m,mcd budget is avatlabl. at City Hell in
adjudged a newspaper of general circulation by the the Cey Clerk Department and the Library Center.
Superior COLLYT Of the County Of Riverside,State Of A ldublic hearing on the proposed budget will be
he at a regular meeting of the Community Re
Californiaunder the date of March 24,1988.Case development Agency of 7..00 p.m on June 20,
- 2002, in the Council Chamber at City Hall,
Number 191236;that the notice,of which the E Tehguaz Canyon Way, Palm Springs CA
annexed is a printed copy(Set in type not smaller PROJECT CAPTIAL PROJECTS DEBT SERVICE,
than non panel,has been published In each regular Merged Nea Jk1 $811,043 3,535,413
and entire issue of said newspaper and not in an Merged Area e' s53,o77 . zs4s,z10
)' Low & Moderate Income
supplement thereof on the following dates,to wit: Housing 828,112 asssos
Plaza i'hea4e c3,444 0
May 24th TOTAL $2,356,576 $6,846.240
------------------------'--------------`--------------'------—
Written comments regarding the proposed budget
may be submitted to the City Council prior to the
June 5th public hearing or persons may speak at
-----------------'-----------------------------'------'--------- the meeting
All in the year 2002
Dated this loth day of May 2002.
I certify(or declare)under penalty of perjury that the Thomas M Kanarr
foregoing is true and correct. Finance Dopartment
28t1i City of Palm Springs, California
PUB: May 24, 2002
Dated at Palm Springs,California this--------------day -— -- --_--_—___--
May
of-------------------------------------
,,200022 �p
Signature
Resolution No. 1177
OF THE COMMUNITY REDEVELOPMENT
AGENCY OF THE CITY OF PALM
SPRINGS, CALIFORNIA, APPROVING A
BUDGET FOR THE FISCAL YEAR 2002-2003
WHEREAS, a budget for the fiscal year 2002-2003 has been prepared by the
Community Redevelopment Agency, Redevelopment Director, and the Agency
Treasurer; and
WHEREAS, the Community Redevelopment Agency has examined said budgets and
conferred with the Community Redevelopment Agency Director, and
WHEREAS, the Community Redevelopment Agency, after due deliberation and
consideration, agrees with the budget recommended;
NOW THEREFORE BE IT RESOLVED by the Community Redevelopment Agency of
the City of Palm Springs as follows:
Section 1. That the budget in the amount of$9,202,982 be approved for the
following purposes
Capital & Admin. Debt Service
Merged Area No. 1 S 811,043 $ 3,535,416
Merged Area No. 2 653,977 2,845,219
Low & Mod. Income Housing 828,278 465,605
Plaza Theatre 63,444 0
$2,356,742 $ 6,346,240
Section 2. That the budget for the Debt Service for the 1994 Series A & B bond
issue, which amount is already included in the above Merged Areas debt
service, is $1,684,655, and is budgeted as an accounting control only.
Section 3. That the Finance Director of the City of Palm Springs is authorized to
record the budget and such other accounting entries as may be
necessary for proper accounting treatment in accordance with rules and
regulations applicable to other City of Palm Springs funds.
e0A
.
CRA Resolution No. 1177
Page 2
ADOPTED this 5th day of June , 2002.
AYES: Members Hodges, Mills, Oden, Reller—Spurgin, and Chairman Kleindienst
NOES. None
ABSENTS: None
ATTEST: COMMUNITY REDEVELOPMENT AGENCY
CITY OF PALM SPRINGS, CALIFORNIA
By
Assistant Secretary Chairman
REVIEWED &APPROVED