CC- Adoption of Annual Budget - Internal File 022ROSEMEAD REDEVELOPMENT AGENCY
8838 VALLEY BLVD., ROSEMEAD, CA 91770 • (818) 288-6671 • Telecopier 8183079218
TO: HONORABLE CHAIRMAN AND MEMBERS
ROSEMEAD REDEVELOPMENT AGENCY
FROM: (KRANK G. TRIPEPI, EXECUTIVE DIRECTOR
DATE: uu JUNE 8, 1993
RE: RESOLUTION No. 93-15 ADOPTING 1993-94 ROSEMEAD
REDEVELOPMENT AGENCY BUDGET
Attached for your consideration is a copy of Resolution No. 93-15 adopting the 1993-
94 Annual Budget.
RECOMMENDATION:
After any amendments, it would be appropriate for the Agency to approve Resolution
No. 93-15, adopting the 1993-94 Redevelopment Agency Budget.
i
AGENCY AGEH19DA
juji s im
ITEM No. 9~-
i
RESOLUTION NO. 93-15
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE
CITY OF ROSEMEAD ADOPTING THE ANNUAL BUDGET FOR
FISCAL YEAR 1993-94 AND MAKING APPROPRIATIONS FOR
THE AMOUNT BUDGETED
Whereas, an Annual Budget for the Rosemead Redevelopment Agency for the
fiscal year commencing July 1, 1993 and ending June 30, 1994 was submitted to the
Agency members and is on file in the City Clerk's office.
Now, THEREFORE, THE AGENCY MEMBERS OF THE ROSEMEAD
REDEVELOPMENT AGENCY DO RESOLVE AS FOLLOWS:
Section 1. The Budget is adopted as the Annual Budget of the Rosemead
Redevelopment Agency for the fiscal year commencing July 1, 1993 and ending June
30, 1994.
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 8th day of June, 1993.
Chairman of the Rosemead Redevelopment
Agency
ATTEST:
Agency Secretary
ROSEMEAD REDEVELOPMENT AGENCY
SUMMARY OF EXPENDITURES BY CATEGORY
REDEVELOPMENT FUNDS
1991-92 1992-93 1993-94
Actual Projected Budgeted
ADMINISTRATIVE (Cost Center 4210):
Agency Salaries
$2,850
$3,900
$3,900
Legal Fees
12,809
15,000
15,000
Auditing Fees
11,200
14,000
14,000
Other Financial Services
1,228
1,500
1,500
Fiscal Agent Services
4,755
12,300
12,300
Bond Issuance
327,397
0
0
Office Equipment Maint. & Repairs
759
0
0
Department Supplies
332
0
0
Automotive Miscellaneous
1,127
0
0
Miscellaneous Expenses
57
0
0
Travel and Meeting Expenses
54,4
4,500
4,500
Membership/Subscription
1,765
1,800
1,800
City Services
947,300
947,300
947,300
Office Furniture
271
0
0
Office Equipment
4,656
0
0
Computer Equipment
0
0
2,000
Special Equipment
5,000
0
14,540
Vehicle
44,200
0
48,730
TOTAL ADMINISTRATIVE
$1,366,251
$1,000,300
$1,065,570
SPECIAL PROJECTS (Cost Center 4215):
NPDES
$8,837
$15,000
$15,000
Congestion Management Program
0
0
10,000
Slurry Seal Projects
0
0
25,000
Curb/Sidewalk Repairs
558
0
0
Concrete Repair Projects
0
16,000
20,000
Concession Stand
0
4,800
0
Senior Housing
14,903
0
0
City Hall Improvements
0
0
100,000
Rosemead Community Recreation
Center Improvements
9,907
145,000
119,600
Rosemead Park Improvements
0
15,000
588,200
Rosemead Pool Improvements
1,893
0
0
Zapopan Center Improvements
5,749
0
0
Zapopan Parking Lot Improvements
242,721
0
0
ROSEMEAD REDEVELOPMENT AGENCY
SUMMARY OF EXPENDITURES BY CATEGORY
REDEVELOPMENT FUNDS
1991-92
1992-93
1993-94
Actual
Projected
Budgeted
SPECIAL PROJECTS (cont.):
Zapopan Park Drain
$0
$51,300
$0
Garvey Park Improvements
21,124
28,800
11,200
Garvey Park Satellite Su6-station
6,656
12,900
8,000
Fire Station
121,167
0
0
Burton Storm Drain
23,546
0
0
San Gabriel Drain
170,631
0
0
Bartlett Storm Drain
5,518
0
0
Muscatel Storm Drain
5,518
0
0
Jackson Storm Drain
8,755
0
0
Jess Gonzales Sports Complex
8,730
0
0
Walnut Grove/Mission Storm Drain
20,904
0
0
San Gabriel Blvd. Street Lights
0
0
30,000
TOTAL SPECIAL PROJECTS
$677,115
$288,800
$927,000
STREET PROJECTS (Cost Center 4501):
Supportive Engineering
$67,368
$70,300
$75,000
Pavement Management Update
14,350
0
0
Alley Improvements
78,407
5,500
0
San Gabriel Overpass Widening
309,972
0
0
Graves (City Limit/Limit)
779,213
1,500
0
Brighton (Garvey/North End)
46
67,500
0
Ramona (Walnut Grove/Burton)
685
2,160
0
Garvey Improvements - Phase 1
4,254,624
241,200
0
Rosemead Place (Garvey/Ramona)
390,185
48,800
0
Valley Undergrounding
34,621
0
0
Evelyn (Vando4/Wasola)
7,294
88,000
0
Vandorf (Del Mar/Evelyn)
7,206
81,200
0
Wasola (Del Mar/Evelyn)
7,206
80,200
0
Garvalia (Evelyn/Daroca)
5,071
62,300
0
Highdiff (Del Mar/West End)
346
0
52,000
Emerson (West City Limit/Evelyn)
29,372
0
0
Street Resurfacing
46,709
325,900
242,000
TOTAL STREET PROJECTS
$6,032,675
$1,074,560
$369,000
ROSEMEAD REDEVELOPMENT AGENCY
SUMMARY OF EXPENDITURES BY CATEGORY
REDEVELOPMENT FUNDS
1991-92 1992-93 1993-94
Actual Projected Budgeted
TRAFFIC SIGNALS (Cost Center 4531
Graves @ San Gabriel $102,600
$0
$0
TOTAL TRAFFIC SIGNALS $102,600
$0
$0
REDEVELOPMENT FUNDS TOTAL $8,178,641 $2,363,660 $2,361,570
ROSEMEAD REDEVELOPMENT AGENCY
SUMMARY OF EXPENDITURES BY CATEGORY
Debt Service Funds'
1991-92
1992-93
1993-94
1987 TAX ALLOCATION NOTES
Actual
ProL_
Budget
Principal
$1,760,000
$1,900,000
$2,055,000
Interest
828,617
669,813
496,781
TOTAL
2,588,617
2,569,813
2,551,781
DEBT SERVICE FUND TOTALS
Principal
$1,760,000
$1,900,000
$2,055,000
Interest
828,617
669,813
496,781
TOTAL
2,588,617
2,569,813
2,551,781
' Note: 1991 tax allocation bond to fund debt service for principal and interest beginning
fiscal year 1996-97
APPROVED
CITY OF ROSEN!FAD
MINUTES OF THE REGULAR MEETING DATE l {°1
ROSEMEAD REDEVELOPMENT AGENCY
JUNE 8 1993 HY l Cam.,, The Regular Meeting of the Rosemead Redevelopment Agency was
called to order by Chairman Bruesch at 7:03 p.m. in the Conference
Room of City Hall, 8838 E. Valley Boulevard, Rosemead, California.
The Pledge was led by Vice-Chairman Vasquez.
The Invocation was delivered by Agencymember Taylor.
ROLL CALL OF OFFICERS:
Present: Agencymembers Clark, Taylor, Vice-Chairman Vasquez, and
Chairman Bruesch
Absent: Agencymember McDonald - Excused
APPROVAL OF MINUTES: MAY 25, 1993 - ADJOURNED MEETING
MOTION BY AGENCYMEMBER TAYLOR, SECOND BY VICE-CHAIRMAN VASQUEZ
that the Minutes of the Adjourned Meeting of May 25, 1993, be approved
as submitted. Vote resulted:
Aye: Clark, Taylor, Bruesch, Vasquez
No: None
Absent: McDonald
Abstain: None
The Chairman declared said motion duly carried and so ordered.
1. RRA RESOLUTION NO. 93-14 - CLAIMS & DEMANDS
The following resolution was presented to the Agency for adoption:
RESOLUTION NO. 93-14
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF
ROSEMEAD ALLOWING CERTAIN CLAIMS AND DEMANDS IN THE SUM OF
$34,867.34 AND DEMANDS NO. 2663 THROUGH NO. 2681
MOTION BY AGENCYMEMBER TAYLOR, SECOND BY VICE-CHAIRMAN VASQUEZ
that Resolution No. 93-14 be adopted. Vote resulted:
Aye: Clark, Taylor, Bruesch, Vasquez
No: None
Absent: McDonald
Abstain: None
The Chairman declared said motion duly carried and so ordered.
2. RRA RESOLUTION NO. 93-15 - ADOPTION OF FY 1993-94 BUDGET
The following resolution was presented to the Agency for adoption:
RESOLUTION NO. 93-15
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF
ROSEMEAD ADOPTING THE ANNUAL BUDGET FOR FISCAL YEAR 1993-94
AND MAKING APPROPRIATIONS FOR THE AMOUNT BUDGETED
MOTION BY AGENCYMEMBER CLARK, SECOND BY VICE=CHAIRMAN VASQUEZ that
Resolution No. 93-15 be adopted. Vote resulted:
Aye: Clark, Bruesch, Vasquez
No: Taylor
Absent: McDonald
Abstain: None
The Chairman declared said motion duly carried and so ordered.
Agencymember Taylor stated that he was opposed to the major
projects outside the Project Area, primarily at Rosemead Park and the
Rosemead Community Recreation Center.
RRA 6-8-93
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