HomeMy WebLinkAbout4/24/2002 - STAFF REPORTS (2) ti DATE: April 24, 2002
TO: Community Redevelopment Agency
FROM: Director of Community & Economic Development
APPROVAL OF BUDGET RESOLUTION FOR AGREEMENT WITH ROSENOW
SPEVACEK GROUP OF SANTA ANA, CALIFORNIA FOR PREPARATION OF TEN
COMMUNITY REDEVELOPMENT AGENCY PLAN AMENDMENTS FOR THE
PURPOSES OF EXTENDING THE AGENCY'S POWER OF EMINENT DOMAIN, NOT
TO EXCEED $75,700.
RECOMMENDATION:
That the Community Redevelopment Agency approve a Budget Resolution for an
agreement with Rosenow Spevacek Group of Santa Ana, California for the preparation
of ten Community Redevelopment Agency Plan Amendments for the purposes of
extending the Agency's Power of Eminent Domain.
SUMMARY:
On April 3, 2002, the Community Redevelopment Agency approved an agreement with
Rosenow Spevacek Group of Santa Ana, California for the preparation of ten
Community Redevelopment Agency plan amendments in order to extend the Agency's
power of Eminent Domain. The Budget Resolution was inadvertently left out of the
packet. This Resolution will allow the funding to be completed.
BACKGROUND:
On April 3, 2002, the Community Redevelopment Agency approved a contract with
Rosenow Spevacek Group of Santa Ana, California to extend the eminent domain
authority in the Agency's ten redevelopment project areas for an additional twelve
years. The Budget Resolution was riot included with the original packet and, thus,
needs be approve separately by the A ency for the funding to be completed.
J HN S. AYMOND
'rector f Communi & Economic
elopment
Approved:., i�—
City Man ger �"�;x
Attachment:
Budget Resolution
REVIEWED BY DEFT.OF FINANCE
l'
eAA A
OFTHE COMMUNITY REDEVELOPMENT AGENCY OF THE
CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE
BUDGET FOR THE 2001-02 FISCAL YEAR.
WHEREAS Resolution 1126 approving the budget for the fiscal year 2001-02 was adopted
on June 6, 2001; and
WHEREAS the Executive Director has recommended, and the Agency desires to approve,
certain amendments to said budget;
NOW THEREFORE BE IT RESOLVED that the Director of Finance is authorized to record
inter-fund cash transfers as required in accordance with this Resolution, and that Resolution
1126, adopting the budget for the 2001-02 fiscal year is hereby amended as follows:
SECTION 1. ADDITIONS
Fund Activity Account Amount
811-Project Area #1 8191 -Capital Proj. 43200-Contractual Services $55,990
812-Project Area #2 8192 - Capital Proj. 43200-Contractual Services $42,710
Purpose- To fund eminent domain amendments for 10 CRA project areas.
SECTION 2. SOURCE
Fund Activity Account Amount
811 29301-Fund Balance $55,900
812 29301-Fund Balance $42,710
Adopted this day of 2002.
AYES:
NOES:
ABSENT:
ATTEST: COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF PALM SPRINGS
By
Assistant Secretary Chairman
REVIEWED AND APPROVED:
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