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HomeMy WebLinkAboutSuccessor Agency - 2013-02 Successor Agency Resolution No. 2013- 02 RESOLUTION NO. 2013- 02 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 —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 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: (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 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. 13-3645/91031 1 Successor Agency Resolution No. 2013- o2 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 f�77�K— day of February, 2013. AM Ch irman REVI AND APPROVED: INI ED AND A ROVED: i Exe/ Director Deputy Executive Director APPROVED AS TO FORM: <:nAgency Counsel 13-3645/91031 2 Successor Agency Resolution No. 2013- 02 EXHIBIT A ADMINISTRATIVE BUDGET FOR THE PERIOD JULY 1, 2013 THROUGH DECEMBER 31, 2013 [behind this page] 13-3645/91031 3 Successor Agency Adopted Budget -FY 2012113 Department Budget Summary Other Funds by Object Account OTHER FUNDS Percent Change From -oil ;, e.:E. :k _ o a Prior Year RORF Administration t350► PERSONAL SERVICES Salaries-Permanent 132,319 238,829 100.00% Salaries-Temporary 10,267 Benefits 51,130 90,943 100.00% 14*6 100.000/0 OPERATING EXPENSES Utilities Equipment and Supplies 31,456 6,000 100.00% Repairs and Maintenance 2,500 2,500 100.00% Conferences and Training 20,000 5,000 100.00% Professional Services 71,421 276,679 100.000/0 Other Contract Services 146,700 100.00% Payments to Other Governments 572,113 Expense Allowances 1,006 Other Expenses 3,900 NON-OPERATING EXPENSES e Debt Service Expenses 5,360,403 5,570,300 100.00% Transfers to Other Funds 405,000 100.00% C°3 _ 5,` t a ,a '� s t�„ s rr `z 560j0$ r, :i5ff 9�aj:�30 100.00% Total 0 0 0 0 6,256,516 6,741,91 100.00% 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(BOPS)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 Item 4. - 21 xB -102- Successor Agency Adopted Budget -FY 2012113 Department Budget Summary Other Funds by Object Account OTHER FUNDS Ill Administration(3so) (continued) r .. :., 09 2i, Change from e e• Prior Year Deputy Director .0 .39 0.39 0.00 Econ Development Project Manager 0.00 0.78 0.28 (0.50) Real Property Agent— 0.00 0.00 0.47 0.47 Administrative Aide 0.00 0. 0.29 0.00 Administrative Secretary 0. 0-56 0.50 0.00 'A portion of a Deputy City Manageris funded by the RORF Administration Fund(350) "`A portion(0.50)funded by the Public Works Department Total 0.00 0.00 0.00 0.00 1.96 1.93 (0.03) g 4 Change from aMIRo a e '.fir' Prior Year 00350 RORF Administration 6,741,951 6,741,951 Total 0 0 0 0 0 6,741,961 6,741,961 118 HB -103- Item 4. - 22 Successor Agency Res. No. 2013-02 STATE OF CALIFORNIA COUNTY OF ORANGE ) ss: CITY OF HUNTINGTON BEACH ) I, JOAN L. FLYNN 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 meeting held on February 19, 2013 and that is was so adopted by the following vote: AYES: Sullivan, Hardy, Harper, Boardman, Carchio, Shaw, Katapodis NOES: None ABSENT: None ABSTAIN: None ri Cler of The Successor Agency to the Redevelopment Agency of the City of Huntington Beach, California