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Housing - 2001-02 - Claims and DemandsRESOLUTION NO. 2001-02 A RESOLUTION OF THE ROSEMEAD HOUSING DEVELOPMENT CORPORATION OF THE CITY OF ROSEMEAD ADOPTING THE ANNUAL BUDGET FOR FISCAL YEAR 2001-02 AND MAKING APPROPRIATIONS FOR THE AMOUNT BUDGETED Whereas, an Annual Budget for the Rosemead Housing Development Corporation for the fiscal year commencing July 1, 2001 and ending June 30, 2002 was submitted to the Housing Development Directors and is on file in the City Clerk's office. Now, THEREFORE, THE HOUSING DEVELOPMENT DIRECTORS OF THE ROSEMEAD HOUSING DEVELOPMENT CORPORATION DO RESOLVE AS FOLLOWS: Section 1. The Budget is adopted as the Annual Budget of the Rosemead Housing Development Corporation for the fiscal year commencing July 1, 2001 and ending June 30, 2002. Section 2. There is hereby appropriated to each account set forth in the "Summary of Expenditures by Category" of said budget attached hereto, and made a part hereof as though fully set forth and the Executive Director is authorized and empowered to expend such sum for the purpose of such account, but with no expenditure by any office or department for any item within an account shall exceed the amount budgeted therefore without prior written approval of the Executive Director. PASSED, APPROVED AND ADOPTED this 26th day of June, 2001. I hereby certify that the foregoing Resolution No. ATTEST: 2001-02 was duly and regularly adopted by the Rosemead Housing Development Corp. at a regular meegint held on the 26th day of June 2001, by the following vote: P~ . Clark, Vasquez, Taylor, Bruesch, Imperial Corporation ecretary No: None, Abstain: None, Absent: None l~ City erk ROSEAD HOUSING DEVELOPMENT CAORATION SUMMARY OF EXPENDITURES BY CATEGORY 2000-01 2001-02 Projected Budget ADMINISTRATIVE (Cost Center 4270) Legal Fees $5,200 $4,000 Auditing Fees 8,600 8,600 Professional Services 0 0 Department Supplies 100 100 Travel and Meeting Expenses 0 500 Membership/Subscription 0 500 City Services 90,000 90,000 TOTAL ADMINISTRATIVE $103,900 $103,700 SPECIAL PROJECTS (Cost Center 4275): Home Threshold $0 $105,000 First Time Home Buyers Program 50,000 200,000 Management Contract 110,500 125,000 Special Insurance 3,700 4,000 Lease Payment 60,000 60,000 Project Management - Garvey 0 125,000 Legal Fees - Garvey 8,000 5,000 Architectural Services - Garvey 50,000 70,000 Construction - Garvey Senior Housing 51,500 7,240,000 Management Contract Expenses 0 20,000 TOTAL SPECIAL PROJECTS $333,700 $7,954,000 HOUSING REHABILITATION (Cost Center 4280): Planning and Administration $0 $0 Residential Rehabilitation 0 0 TOTAL HOUSING REHABILITATION $0 $0 RHDC FUND TOTAL $437,600 $8,057,700 • LJ ROSEMEAD HOUSING DEVELOPMENT CORPORATION RESOLUTION NO. 2001-002 (!q) A RESOLUTION OF THE ROSEMEAD HOUSING DEVELOPMENT CORPORATION ALLOWING CERTAIN CLAIMS AND DEMANDS IN THE SUM OF $73,733.16AND DEMANDS NO. 1248THROUGH NO. 1251. THE ROSEMEAD HOUSING DEVELOPMENT CORPORATION DOES HEREBY RESOLVE, DETERMINE AND ORDER AS FOLLOWS: SECTION 1. THAT THE EXECUTIVE DIRECTOR HEREBY CERTIFIES AS TO THE ACCURACY OF THE FOLLOWING DEMANDS AND THE AVAILABILITY OF FUNDS FOR PAYMENT THEREOF. v Check Claimant/Description of Demand Account Number Number Amount CALIFORNIA ENVIRONMENTAL 1248 $1,588.60 Professional Services/Garvey Senior 4275-4486-P72052 Housing COUNTY OF LOS ANGELES 1249 65,043.26 Property Acquisition/4623 Earle Avenue 4275-8470-Fund52 GRC ASSOCIATES, INC. 1250 1,743.30 Garvey Senior Housing/May 2001 4275-4221-P72052 SLADDEN ENGINEERING 1251 7,358.00 Soil Analysis/Garvey Senior Housing 42754486-P72052 $75,733.16 PASSED, APPROVED AND ADOPTED THIS 10th DAY OF JULY 2001. LUVMtN 1 ATTEST: CRET Af:ZY- ROSEMEAD HOUSING DEV. - RESOLUTION 2001-02 PAGE 2 • I hereby certify that the foregoing Resolution No. 2001-002(A) was duly and regularly adopted by the Rosemead Housing Development Corporation at a regular meeting held on the 10th day of July, by the following vote: Yes: Imperial, Clark, Vasquez, Bruesch No: Taylor, Absent: None, Abstain: None lL City Clerk •