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RRA - Item 2 - Adopting Rosemead Redevelopment Agency BudgetROSEMEAD REDEVELOPMENT AGENCY A 1 8838 VALLEY BLVD., ROSEMEAD, CA 91770 • (818) 288-6671 •Telecopier8183079218 Q TO: HONORABLE CHAIRMAN AND MEMBERS ROSEMEAD REDEVELOPMENT AGENCY FROM: FRANK G. TRIPEPI, EXECUTIVE DIRECTOR DATE: JUNE 20, 2000 RE: RESOLUTION NO. 2000-18 ADOPTING 2000-01 ROSEMEAD REDEVELOPMENT AGENCY BUDGET Attached for your consideration is a copy of Resolution No. 2000-18 adopting the 2000-01 Annual Budget. RECOMMENDATION: After any amendments, it would be appropriate for the Rosemead Redevelopment Agency to adopt Resolution No. 2000-18 Annual Budget. Inn JUN 2 7 2000 RESOLUTION NO. 2000-18 A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF ROSEMEAD ADOPTING THE ANNUAL BUDGET FOR FISCAL YEAR 2000-01 AND MAKING APPROPRIATIONS FOR THE AMOUNT BUDGETED Whereas, an Annual Budget for the Rosemead Redevelopment Agency for the fiscal year commencing July 1, 2000 and ending June 30, 2001 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, 2000 and ending June 30, 2001. 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 27th day of June, 2000. Chairman of the Rosemead Redevelopment Agency ATTEST: Agency Secretary ROSEMEAD REDEVELOPMENT AGENCY SUMMARY OF EXPENDITURES BY CATEGORY REDEVELOPMENT FUNDS 1998-99 1999-2000 2000-01 Actual Projected Budgeted ADMINISTRATIVE (Cost Center 4210): Agency Salaries $2,790 $3,150 $3,600 Legal Fees (Project Area No. 1) 13,704 13,000 13,000 Legal Fees (Project Area No. 2) 0 5,000 10,000 Auditing Fees 13,000 14,500 14,500 Other Financial Services 5,000 3,000 3,000 Fiscal Agent Services 7,695 9,000 9,000 Department Supplies 176 100 500 Miscellaneous Expense (90) 0 0 Travel and Meeting Expenses 463 3,000 6,000 Membership/Subscription 2,230 2,500 2,500 City Services 947,300 947,300 947,300 TOTAL ADMINISTRATIVE $992,268 $1,000,550 $1,009,400 SPECIAL PROJECTS (Cost Center 4215): NPDES $5,913 $2,500 $5,000 Congestion Management Program 0 500 1,500 City Hall Renovation - Phase 1 615,930 11,000 0 City Hall Renovation - Phase II 0 110,000 0 City Hall Renovation - Phase III 0 0 350,000 Rosemead Community Recreation Center Improvements 6,015 25,080 19,700 Rosemead Park Improvements 6,481 31,200 418,400 Rosemead Pool Improvements 14,590 87,400 397,800 Zapopan Center Improvements 5,524 0 3,300 Zapopan Park Improvements 7,386 2,170 15,000 Garvey Paris Improvements 14,020 21,000 49,000 Garvey Pool Improvements 39,254 21,350 6,500 City Hall Fountain Rehabilitation 0 97,650 9,650 Garvey Park Satellite (Public .Safety Annex) 10,300 3,000 5,000 Sally Tanner Park 0 4,800 0 Redevelopment Project Area No. 2 31,198 100,000 100,000 Pavement Management Study (1998-99) 319 0 0 ROSEMEAD REDEVELOPMENT AGENCY SUMMARY OF EXPENDITURES BY CATEGORY REDEVELOPMENT FUNDS 1998-99 1999-2000 2000-01 Actual Projected Budgeted SPECIAL PROJECTS (cont): Street Light Installations (1998-99) $34,482 $5,400 $0 San Gabriel Storm Drain 24,959 0 0 Garvey Community Center 292,949 200,000 450,000 Street Lights Installation (1997-98) 178,078 0 0 Kelbum Storm Drain 8,938 137,000 0 Delta Storm Drain 6,905 219,500 0 Del Mar Sewer Collector 105,346 0 0 Garvey Pool - Phase II 92,681 0 0 Walnut Grove Bridge/Alhambra Wash 0 4,500 95,500 Triangle Park Improvement 0 7,500 0 Valley Boulevard Marketing Program 0 13,000 0 Concrete Repairs (1998-99) 3,084 64,240 5,640 Street Lighting (2000-01) 0 0 110,000 Garvey Avenue Bridge/Rio Hondo Wash 0 0 1,000,000 Hellman Avenue Bridge/Alhambra Wash 0 0 300,000 Hellman/Walnut Grove Parcel 0 0 15,000 Commercial Rehabilitation 0 0 350,000 TOTAL SPECIAL PROJECTS $1,504,353 $1,168,790 $3,706,990 STREET PROJECTS (Cost Center 4501): Supportive Engineering $46,209 $52,000 $80,000 Highcliff (Del Mar/West End) 489,187 0 0 San Gabriel Blvd. Beautification 1,537 199,370 3,700,000 Walnut Grove Offramp (Hellman Avenue) 5,203 8,000 0 Walnut Grove Beautification 285,694 101,400 1,600,000 Del Mar Beautification 0 42,250 0 Garvey Avenue Restriping 0 0 65,000 Street Resurfacing (1997-98) 328,623 0 0 ROSEMEAD REDEVELOPMENT AGENCY SUMMARY OF EXPENDITURES BY CATEGORY REDEVELOPMENT FUNDS 1998-99 1999-2000 2000-01 Actual Projected Budgeted STREET PROJECTS cont'd: Slurry Seal (1998-99) $581 $3,900 $71,100 Street Resurfacing (2000-01) 0 0 115,000 TOTAL STREET PROJECTS $1,157,034 $406,920 $5,631,100 TRAFFIC SIGNALS (Cost Center 4531): Traffic Study $12,850 $10,000 $11,000 Garvey Senior Housing - Traffic Signal 0 13,500 255,000 Hellman @ Jackson Traffic Signal 6,370 3,000 117,000 TOTAL TRAFFIC SIGNALS $19,220 $26,500 $383,000 TRANSFER TO: RHDC $400,000 $0 $4,962,170 Debt Service Fund 2,270,188 2,135,729 2,267,848 TOTALTRANSERS $2,670,188 $2,135,729 $7,230,018 REDEVELOPMENT FUNDS TOTAL $6,343,063 $4,738,489 $17,960,508