HomeMy WebLinkAboutOversight Board - 2013-07 Resolution No. 2013- 07
RESOLUTION NO. 2013- 07
A RESOLUTION OF THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY
TO THE FORMER REDEVELOPMENT AGENCY OF THE CITY OF
HUNTINGTON BEACH APPROVING THE SUCCESSOR AGENCY
ADMINISTRATIVE BUDGET FOR THE PERIOD JULY 1 —DECEMBER 31, 2013
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 six month fiscal period; and
A draft administrative budget for the fiscal period of July 1, 2013 through December 31,
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; and
All of the prerequisites with respect to the approval of this Resolution have been met.
NOW, THEREFORE, the Oversight Board of the Successor Agency to the
Redevelopment Agency of the City of Huntington Beach does hereby resolve as follows:
1. The Oversight Board 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: (1) 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 Oversight Board does not intend, by adoption of this Resolution, to waive
any constitutional, legal and/or equitable rights of the Oversight Board, 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 Oversight Board, the Successor Agency and the City of Huntington Beach
under law and/or in equity.
13-3645/91022
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Resolution No. 2013- 07
PASSED AND ADOPTED by the Oversight Board of the Successor Agency to the
Redevelopment Agency of the City of Huntington Beach at a special meeting thereof held on the
twenty-first day of February, 2013.
C�� U dvwu
Chairman
REVIE .,,, D APPROVED: INITI AND PROVED:
Exec i# irector Deputy Executive Director
APPROVED AS TO FORM:
,,Agency Counsel Q
13-3645/91022
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Resolution No. 2013- 07
EXHIBIT A
ADMINISTRATIVE BUDGET FOR THE PERIOD
JULY 1, 2013 THROUGH DECEMBER 31, 2013
[behind this page]
13-3645/91022
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t ir �
ON
or-
AcfaOid',Budget-FY 2Q12/1'3 » `
» Department}Budge#Summa
rY
Other FundsObject Acc t
>xi
OTHER�`FUNDS ».
y= � �P'IIh 9, _ iI�II - Ili Cilj �rwla,p=xi i�i14y �5 i _ Percent~
d'„ 2t?fl8ft?8= 2 » r 2d /!1 fit; Ir #121 change From
nd'tdre CGOtH ctuat A A d C ReYISeE�'»ui,Ils tt P�rioi�Ceer,`
RORFAdi4nistoti6n"tm),
-PERSONAL.SERVICES
Salaries-Permanent 132,319 238,829 "" iQ0 04°lo-
Salaries-Temporary 10,267
Benefits 51,130 90,943 * ` it304ti°
`OPERATING EXPENSES
Utilities
Equipment and Supplies 31,456 6,000 1t)0,00°fo
Repairs and Maintenance 2,500 2,500 140 OQ 0
Conferences and Training 20,000 5,000CXyby
1
Professional Services 71,421 276,679 1QOff}%
Other Contract Services 146,7001t30 0Q°lff
Payments to Other Governments 572,113
Expense Allowances 1,006
Other Expenses 3,900 ','
1VON70PERATINGa EXPENSES:
Debt Service Expenses 5,360,403 5,570,300 100.000/a
Transfers to Other Funds 405,000 100 44%;
»I.< itl _ 9;€ 30t) s t 10t QA
Totat .. „ a » 4 0 0 = 06ZS6,516 6;741951 : :; 1 WtX1%o
Significant Changes
Pursuant to Assembly Bill x1 26, the Successor Agency receives 3%, or$250,000, for administration and the"winding down" of the former
Redevelopment Agency. In addition, the Successor Agency receives a distribution of property tax based on the Recognized Obligation
Payment Schedule(ROPS) on a semi-annual basis.The Transfer to Other Funds includes the Debt Service payments for Emerald Cove, the
1999 and 2002 Tax Allocation Bonds,and property tax sharing agreements,among other legally enforceable obligations.
117
NAN
��aCcess®rAgency � x�
nh ' Adopted Sudget FY'>2U121'3
4
Reparttr►ent Bu m dget Sumary
Other Y Ob}ect,Aceount
OTHER fiJND$
RORF AidministrdtiOn;(350)
(con#miued)h
` t. , x y � 12 fl 0921 f3 Change ft°m,:
Deputy Director 0 0:39 0 39
Econ Development Project Manager `
Real Property Agent* 0.00 °O:QO`- :=0.47 Q7;�
Administrative Aide 2 29 T
Administrative Secretary O. 0 ` °'�. �Q.SOi 0.50 f?:Otj
A portion of a Deputy City Manager is funded by the RORF Administration Fund(350)
•'A portion(0.50)funded by the Public Works Department r ''
7o#al r� 0:00`s O QO Q.OQ,: 0 00, 1'.96. .. ; 193. 4t9:03}
t^, ..R ,. as
t FY 2QQ8, FY ZQQ9/40 FY Q OX1 t fY 2071M2 # Q1F X1 Change#rcim;
'a 'i" ",�.;,% s .„�.s g;t ^c:.: „y{G ,.�.; 1 " '� .��, \ "^a'" :"`c '•r''". ,`
EY$tlllE>S'lin1r11 ..., r Actuaf �Ct#ujA.., 0. c%ACtta - M fljf ., f4�U�SP.d 4d eE� .r P,170r;Ye3
'
00350 RORF Administration 6,741,951 6;741,'951
Total,. _.. 0 0, 0 0 Qua .6,74A`95t, 71,741;951Y
118
Res. No. 2013-07
STATE OF CALIFORNIA )
COUNTY OF ORANGE )
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 Redevelopment Agency at a meeting held on February 21,2013 and that it was so
adopted by the following vote:
AYES: Board Members: Boardman, Bone, Carchio, Delgado, Fritzal
NOES: Board Members: None
ABSENT: Board Members: A. Dunn, L. Dunn
ABSTAIN: Board Members: None
Secret of the Huntington ach Oversight
Boar f the Successor Age" cy of the Former
City of Huntington Beach Redevelopment
Agency Huntington Beach, California