HomeMy WebLinkAboutSuccessor Agency - 2019-01RESOLUTION NO. 2019-01
A RESOLUTION OF THE SUCCESSOR AGENCY TO THE
REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH
APPROVING THE SUCCESSOR AGENCY ADMINISTRATIVE BUDGET
FOR THE PERIOD JULY 1, 2019 THROUGH JUNE 30, 2020
WHEREAS, California Health and Safety Code section 341770) requires that the
Successor Agency to the Redevelopment Agency of the City of Huntington Beach ("Successor
Agency") prepare an administrative budget for each annual fiscal period; and
A draft administrative budget for the fiscal period of July 1, 2019 through June 30, 2020
("Administrative Budget") is attached hereto as Exhibit A; and
California Health and Safety Code section 34177(k) requires the Successor Agency to
provide to the County Auditor -Controller administrative cost estimates for expenses from the
administrative budget that are to be paid from property tax revenues deposited in the
Redevelopment Property Tax Trust Fund for each annual fiscal period; and
All of the prerequisites with respect to the approval of this Resolution have been met.
NOW, THEREFORE, the Successor Agency to the Redevelopment Agency of the City of
Huntington Beach does hereby resolve as follows:
1. The Successor Agency hereby finds and determines that the foregoing recitals are
true and correct.
2. The Administrative Budget attached hereto as Exhibit A is hereby approved.
3. The Successor Agency staff is directed to: (i) provide the required cost estimates
for expenses to the County Auditor -Controller; and (ii) to do any and all things and to execute
and deliver any and all documents which may be necessary or advisable in order to effectuate the
purposes of this Resolution.
4. The Successor Agency does not intend, by adoption of this Resolution, to waive
any constitutional, legal and/or equitable rights of the Successor Agency or the City of
Huntington Beach under law and/or in equity by virtue of the adoption of this Resolution and
actions approved and taken pursuant to this Resolution and, therefore, reserves all such rights of
the Successor Agency and the City of Huntington Beach under law and/or in equity.
18-7147/ 193 573 1
RESOLUTION NO. 2019-01
PASSED AND ADOPTED by the Successor Agency to the Redevelopment Agency of
the City of Huntington Beach at a regular meeting thereof held on the 22nd day of
January , 2019.
Chaff p re son
REVIEWED AND APPROVED:
k",&,
AV
Exec iv ' rector
APPROVED AS TO
Legal Counsel *`f
18-7147/193573 2
RESOLUTION NO. 2019-01
EXHIBIT A
ADMINISTRATIVE BUDGET FOR THE PERIOD
JULY 1, 2019 THROUGH JUNE 30, 2020
[behind this page]
18-7147/193573
REFOLvnuN No. 201G7— o /
Successor Agency
Administrative Budget
Department Budget Summary
Other Funds by Object Account
OTHER FUNDS
Expenditure Object Account
ROPS 19-20 Budget
RORF Administration (350)
PERSONAL SERVICES
Salaries/Benefits - Permanent
225,000
PERSONAL SERVICES
225,000
OPERATING EXPENSES
Legal Services
Other Professional Services/Operating
25,000
OPERATING EXPENSES
26,000
Total
250,000
Revenue Summary
ROPS 19-20 Budget
Administrative Allowance
Other Funds
250,000
-
Total
250,000
sictmticant cna
irsuant to AB x126 and AB 1484, the Successor Agency receives RPTTF funding from the County Auditor-
ontroller to pay Enforceable Obligations. The Successor Agency also receives a 3% of actual distributed
PTTF in the preceding fiscal year, or a minimum of $250,000 for administration of the winding down of the
rmer Redevelopment Agency per fiscal year. Administrative costs associated with the "wind down" and
ssolution of the Redevelopment Agency that exceed the administrative cost allowance will be funded by
ther Funds, pursuant to State rules. Administrative expenses include: personnel costs, legal, and other
-ofessional services expenses associated with the dissolution and administration of the Successor Agency.
Successor Agency
Res. No. 2019-01
STATE OF CALIFORNIA
COUNTY OF ORANGE ) ss:
CITY OF HUNTINGTON BEACH )
I, ROBIN ESTANISLAU the Clerk of the Successor Agency to the
former City of Huntington Beach Redevelopment Agency, Huntington Beach,
California, DO HEREBY CERTIFY that the foregoing resolution was duly adopted
by The Successor Agency to the Redevelopment Agency of the City of Huntington
Beach at a special meeting held on January 22, 2019 and that is was so adopted
by the following vote:
AYES: Brenden, Carr, Semeta, Peterson, Posey, Delgleize, Hardy
NOES: None
ABSENT: None
ABSTAIN: None
`7
Clerk of The Successor Agency to
the Redevelopment Agency of the
City of Huntington Beach, California