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HomeMy WebLinkAboutOversight Board - 2012-03 RESOLUTION NO. 2012-03 A RESOLUTION OF THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY OF THE HUNTINGTON BEACH REDEVELOPMENT AGENCY APPROVING THE SUCCESSOR AGENCY ADMINISTRATIVE BUDGET AND RELATED ACTIONS WHEREAS, California Health and Safety Code section 341770) requires that the Successor Agency of the Huntington Beach Redevelopment Agency ("Successor Agency") prepare an administrative budget for each six month fiscal period; and A draft administrative budget for the fiscal period of January 1, 2013 through June 30, 2013 ("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 six month fiscal period. NOW, THEREFORE, the Oversight Board of the Successor Agency does hereby resolves as follows: 1. The Administrative Budget attached hereto as Exhibit A is hereby approved. 2. 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 to execute and deliver any and all documents which may be necessary or advisable in order to effectuate the purposes of this Resolution. 1 12-3456/83593 Oversight Board Resolution No. 2012-03 PASSED AND ADOPTED by the Oversight Board of the City of Huntington Beach at a special meeting thereof held on the 2 3 r d day of August , 20 12 . Chairperson RE D AND APPROVED: INITI D APPROVED: E uti e Director Deputy Executive Director APPROVED AS TO FORM: Board-Counsel 1 'I-- 2 12-3456/83593 Oversight Board Resolution No. 2012-03 EXHIBIT A SUCCESSOR AGENCY OF THE HUNTINGTON BEACH REDEVELOPMENT AGENCY ADMINISTRATIVE BUDGET FOR THE FISCAL PERIOD OF JANUARY 1, 2013 THROUGH JUNE 30, 2013 [Behind this page.] 3 12-3456/83593 Oversight Board ReS0N0 20I2-03 Exhibit "A" Oversight Board Res. No. 2012-03 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss CITY OF HUNTINGTON BEACH ) I, JOAN FLYNN, Secretary of the Huntington Beach Oversight Board of the Successor Agency of the Former City of Huntington Beach Redevelopment Agency, Huntington Beach, California DO HEREBY CERTIFY that the foregoing resolution was duly adopted by the Huntington Beach Oversight Board of the Successor Agency of the Former City of Huntington Beach Huntington Beach Redevelopment Agency at a meeting held on August 23, 2012 and that it was so adopted by the following vote: AYES: Board Members: Hansen, Carchio, Bone, A. Dunn, Fritzal NOES: Board Members: None ABSENT: Board Members: L. Dunn, Delgado ABSTAIN: Board Members: None Sec ary of the Huntington each Oversight Board of the Successor Agency of the Former City of Huntington Beach Redevelopment Agency Huntington Beach, California