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CDC - 2006-13 - Claims and DemandsRESOLUTION NO. 2006-13 A RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF ROSEMEAD ADOPTING THE ANNUAL BUDGET FOR FISCAL YEAR 2005-06 AND MAKING APPROPRIATIONS FOR THE AMOUNT BUDGETED WHEREAS, an Annual Budget for the Community Development Commission for the fiscal year commencing July 1, 2006 and ending June 30, 2007 was submitted to the Agency members and is on file in the City Clerk's office. NOW, THEREFORE, THE COMMUNITY DEVELOPMENT COMMISSION MEMBERS OF THE ROSEMEAD COMMUNITY DEVELOPMENT COMMISSION DO RESOLVE AS FOLLOWS: Section 1. The Budget is adopted as the Annual Budget of the Rosemead Community Development Commission for the fiscal year commencing July 1, 2006 and ending June 30, 2007. 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, 2006. Executive Di ctor of the Co unity Development Commission ATTEST: A, oa4y -t Agency Secretary STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) SS. CITY OF ROSEMEAD ) I, Nina Castruita, Secretary of the Rosemead Community Development Commission, do hereby certify that the foregoing Resolution No. 2006-13 being: RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF ROSEMEAD ADOPTING THE ANNUAL BUDGET FOR FISCAL YEARS 2005-2006 AND MAKING APPROPRIATIONS FOR THE AMOUNT BUDGETED was duly and regularly approved and adopted by the Rosemead Community Development Commission on the 27th of June 2006, by the following vote to wit: Yes: CLARK, IMPERIAL, NUNEZ, TRAN No: TAYLOR Absent: NONE Abstain: NONE I j IAA-a Nina Castruita Secretary • • ROSEMEAD COMMUNITY DEVELOPMENT COMMISSION SUMMARY OF EXPENDITURES BY CATEGORY REDEVELOPMENT FUNDS 2004-05 2005-06 Actual Projected ADMINISTRATIVE (Cost Center 4210): Legal Fees (Project Area No. 1) Legal Fees (Project Area No. 2) Auditing Fees Other Financial Services Professional Services (Prof Area 1) Professional Services (Prof Area 2) Fiscal Agent Services Department Supplies Miscellaneous Expense Travel and Meeting Expenses Membership/Subscription City Services (Project Area 1) City Services (Project Area 2) C/O: Vehicle $ 43,496 $ 120,000 3,257 10,000 13,600 18,000 1,000 2,800 2,720 0 0 0 4,635 5,000 (140) 100 71,050 77,000 300 0 2,520 2,800 947,300 947,300 378,920 378,920 11,090 TOTAL ADMINISTRATIVE SPECIAL PROJECTS (Cost Center 4215): . NPDES General Plan Update City Hall Renovation- Phase III Rosemead Community Recreation Center Improvements Rosemead Park Improvements Rosemead Pool Improvements Garvey Park Improvements Garvey Pool Improvements Sally Tanner Improvements Pavement Management Study New Avenue/Egley Avenue Vest Pocket Park Sanitary Sewer Management Plan Valley Boulevard Medians Wayfinding Signage Garvey Community Center Street Trees Hellman Avenue Bridge/Alhambra Wash 2006-07 Budgeted 45,000 10,000 18,000 28,000 0 0 5,000 500 77,000 500 3,000 947,300 378,920 0 $ $ 1,479,748 $ 1,561,920 $ 1,513,220 $ 6,720 $ 40,000 $ 75,000 0 0 100,000 27,815 80,000 2,000,000 132,192 47,400 0 22,793 60,000 0 0 204,000 0. 49,388 97,000 0 3,699 180,000 0 640 31,100 0 13,095 0 15,000 0 0 . 5,000 0 0 175,000 0 0 300,000 0 0 50,000 3,151 22,600 0 0 0 100,000 182,839 240,000 0 • • ROSEMEAD COMMUNITY DEVELOPMENT COMMISSION SUMMARY OF EXPENDITURES BY CATEGORY REDEVELOPMENT FUNDS 2004-05 2005-06 2006-07 Actual Projected Budgeted SPECIAL PROJECTS (cont.): ADA Park Improvements $ 8,730 0 0 Jess Gonzalez Sports Complex 8,265 12,000 0 Zapopan Public Safety Center 49,149 380,000 0 Economic Development Program 1,044 2,500 800,000 Commercial Rehabilitation 25,962 50,000 300,000 Property Acquisitions 0 0 1,907,570 TOTAL SPECIAL PROJECTS $ 535,482 $ 1,446,600 $ 5,827,570 STREET PROJECTS (Cost Center 4501): Supportive Engineering $ 103,113 $ 85,000 $ 95,000 San Gabriel Boulevard improvements 303,197 130,000 0 Virginia Street Improvements 9,360 3,000 45,000 TOTAL STREET PROJECTS $ 415,670 $ 218,000 $ 140,000 TRAFFIC SIGNALS (Cost Center 4531): Traffic Study $ 12,280 $ 18,500 $ 20,000. Hellman @ 1-10 Traffic Signal 0 255,000 30,000 Traffic Signal Controller Upgrades 5,370 170,000 20,000 Del Mar @ Highcliff Traffic Signal 0 18,000 185,000 Del Mar @ Graves Traffic Signal 0 8,500 120,000 Graves @ Jackson Traffic Signal 0 18,000 185,000 TOTAL TRAFFIC SIGNALS $ 17,650 $ 488,000 $ 560,000 ROSEMEAD COMMUNITY DEVELOPMENT COMMISSION SUMMARY OF EXPENDITURES BY CATEGORY REDEVELOPMENT FUNDS 2004-05 2005-06 2006-07 Actual Projected Budgeted TRANSFER TO: RHDC $ - $ $ 250,000 1993 Bonds (Fund 45) 0 3,380,850 0 2006 Bonds (Fund 41) 0 0 2,370,000 Debt Service Fund 2,166,798 2,302,168 2,661,700 TOTALTRANSERS $ 2,166,798 $ 5,683,018 $ 5,281,700 REDEVELOPMENT FUNDS TOTAL $ 4,615,348 $ 9,397,538 $ 13,322,490 • • ROSEMEAD COMMUNITY DEVELOPMENT COMMISSION SUMMARY OF EXPENDITURES BY CATEGORY Debt Service Funds 1993 BONDS (Series A) Principal Interest TOTAL 2006 BONDS (Series A) Principal Interest TOTAL DEBT SERVICE FUND TOTALS Principal Interest TOTAL 2004-05 2005-06 2006-07 Actual Projected Budget $465,000 1,836,760 $2,301,760 $0 0 $0 $490,000 1,812,168 $2,302,168 $0 0 $0 $0 1,293,320 $1,293,320 $780,000 588,380 $1,368,380 $465,000 $490,000 $780,000 1,836, 760 1,812,168 1,881,700 $2,301,760 $2,302,168 $2,661,700