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RRA - Item 2 - Resolution No. 2001-11 Adopting 2001-02 Rosemead Redevelopment Agency BudgetTO: HONORABLE CHAIRMAN AND MEMBERS ROSEMEAD REDEVELOPMENT AGENCY FROM: FRANK G. TRIPEPI, EXECUTIVE DIRECTOR V_7 DATE: JUNE 18, 2001 RE: RESOLUTION NO. 2001-11 ADOPTING 2001-02 ROSEMEAD REDEVELOPMENT AGENCY BUDGET Attached for your consideration is a copy of Resolution No.'2001-11 adopting the 2001-02 Annual Budget. RECOMMENDATION: After any amendments, it would be appropriate for the Rosemead Redevelopment Agency to adopt Resolution No. 2001-11 Annual Budget. AGENDA JUN 26 2001 ITEM No. A. RESOLUTION NO. 2001-11 A RESOLUTION OF THE REDEVELOPMENT AGENCY 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 Redevelopment Agency for the fiscal year commencing July 1, 2001 and ending June 30, 2002 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, 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. Chairman of the Rosemead Redevelopment Agency ATTEST: Agency Secretary ROSEMEAD REDEVELOPMENT AGENCY SUMMARY OF EXPENDITURES BY CATEGORY REDEVELOPMENT FUNDS ADMINISTRATIVE (Cost Center 4210): Agency Salaries Legal Fees (Project Area No. 1) Legal Fees (Project Area No. 2) Auditing Fees Other Financial Services Professional Services _ Fiscal Agent Services Department Supplies Miscellaneous Expense Travel and Meeting Expenses Membership/Subscription City Services Special Equipment . TOTAL ADMINISTRATIVE SPECIAL PROJECTS (Cost Center 4215): NPDES Congestion Management Program City Hall Renovation - Phase I City Hall Renovation - Phase II City Hall Renovation - Phase III Rosemead Community Recreation Center Improvements Rosemead Park Improvements Rosemead Pool Improvements Zapopan Center Improvements Zapopan Park Improvements Garvey Park Improvements Garvey Pool Improvements City Hall Fountain Rehabilitation Garvey Park Satellite (Public Safety Annex) Redevelopment Project Area No. 2 Pavement Management Study (1998-99) 1999-2000 2000-01 2001-02 Actual Projected Budgeted $2,970 $3,600 $3,600 15,928 13,000 23,000 0 12,000 20,000 13,400 14,500 .14,500 4,000 - .4,000 4,000 0 0 65,000 7,686 8,500 9,000 127 100 500 24,751 1,000 0 37 1,000 3,000 2,125 2,500 2,600 947,300- 947,300 947,300 0 0 3,000 $1,018,324 $1,007,500 $1,095,500 $3,698 $5,000 $7,500 464 500 1,500 0 0 0 136,696 0 0 0 70,000 1,180,000 85,608 .19,000 19,000 81,832 400,000 62,000 76,124 397,000 0 0 3,000 2,000 1,573 0 40,000 32,113 40,000 53,740 30,620 6,000 0 109,676 8,650 0 5,252 2,600 0 339,490 20,000 0 0 13,000 0 ROSEMEAD REDEVELOPMENT AGENCY SUMMARY.OF EXPENDITURES BY CATEGORY REDEVELOPMENT FUNDS 1999-2000 2000-01 2001-02 Actual Projected Budgeted SPECIAL PROJECTS (cont.): Street Light Installations (1998-99) $5,395 $0 $0 Garvey Community Center 191,976 1,800,000 3,865,000 Kelburn Storm Drain 140,994 0 0 Delta Storm Drain 221,526 0 0 Garvey Pool - Phase II 138,226 0 0 Walnut Grove Bridge/Alhambra Wash 4,850 2,000 95,000 Triangle Park Improvement 6,550 0 0 Valley Boulevard Marketing Program 0 5,700 5,000 Concrete Repairs (1998-99) 71,254 0 0 Street Lighting (2000-01) - 0 0 0 Garvey Avenue Bridge/Rio Hondo Wash 0 10,000 100,000 Hellman Avenue Bridge/Alhambra Wash 0 7,500 300,000 Hellman/Walnut Grove Parcel 0 0 0 Abilene Street 0 284,500 0 Commercial Rehabilitation 0 0 250,000 TOTAL SPECIAL PROJECTS $1,683,917 $3,094,450 $5,980,740 STREET PROJECTS (Cost Center 4501): Supportive Engineering $53,133 $50,000 $80,000 San Gabriel Blvd. Beautification 201,287 2,000 0 Walnut Grove Offramp (Hellman Avenue) 8,880 0 0 Walnut Grove Beautification 108,400 25,000 0 Del Mar Beautification 42,204 .0 0 Garvey Avenue Restriping 0 0 0 Street Resurfacing (1997-98) (109,991) 0 0 ROSEMEAD REDEVELOPMENT AGENCY SUMMARY OF EXPENDITURES BY CATEGORY REDEVELOPMENT FUNDS STREET PROJECTS cont'd: Slurry Seal (1998-99) Street Resurfacing (2000-01) TOTAL STREET PROJECTS TRAFFIC SIGNALS (Cost Center 4531): Traffic Study Garvey Senior Housing - Traffic Signal Hellman @ Jackson Traffic Signal TOTAL TRAFFIC SIGNALS TRANSFER TO: RHDC Debt Service Fund TOTALTRANSERS 1998-99 1999-2000 Actual Projected $3,872 $71,100 $0 0 115,000 0 $307,785 $263,100 $80,000 2000-01 Budgeted $3,829 $11,000 $12,000 10,559 3,000 250,000 10,510 16,000 15,000 $24,898 $30,000 $277,000 $0 2,135,729 $0 2,130,540 $7,650,430 2,282,840 $2,135,729 $2,130,540 $9,933,270 REDEVELOPMENT FUNDS TOTAL $5,170,653 $6,525,590 $17,366,510