CDC - 2004-12 - Claims and Demands0
0
ROSEMEAD COMMUNITY DEVELOPMENT COMMISSION
RESOLUTION NO. 2004 - 12
2003 -2004
A RESOLUTION OF THE ROSEMEAD COMMUNITY DEVELOPMENT COMMISSION OF THE CITY
OF ROSEMEAD ALLOWING CERTAIN CLAIMS AND DEMANDS IN THE SUM OF $90,365.29
DEMANDS NO. 7379 THROUGH 7384.
THE ROSEMEAD COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF ROSEMEAD
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.
C TI DIRE
PASSED, APPROVED AND ADOPTED THIS 13th DAY OF JULY 2004.
ATTEST
H
�Y
2,� 6Z*-�
CHAI�RM. N, ROSEMEAD COMMUNITY
DEVELOPMENT COMMISSION
I hereby certify that the foregoing Resolution
C MMISSI N SECRETARY No. 2004 -12 was duly and regularly adopted by
the Rosemead Community Development Commission
at a regular meeting held on the 13th day of
July 2004, by the following vote:
Yes: Clark, Vasquez, Taylor, Alarcon, Imperial
No: None, Absent: None, Abstain: None
City Cle k
07/08/04 12:03 PAGE: 1
ROSEM• COMMUNITY DEVELOPMENT COMMISSION
RM704UR1 WARRANT REGISTER # 04 -12 7/13/04 USER: Cpi
PAYEE INVOICE CHECK
VOU. DESCRIPTON ACCOUNT CHARGED I AMOUNT AMOUNT
HOWARD'S
81595 TELEVISION /RCRC
MGA FLOOR CENTERS
81596 GARVEY PARK IMP
MITY -LITE, INC.
81597 RCRC IMPROVEMENTS
S & S WORLDWIDE
81600 GAME TABLES /GARVEY PARK
SAN ANDELL POOL
81598 GARVEY POOL IMP
T.I.G.
81599 DIGITAL CAMERA /RCRC
45- 4215- 04905- P70245
CHECK NO. 7379
45 -4215- 04905- P70845
CHECK NO. 7383
45- 4215 - 04905- P70245
CHECK NO. 7380
45 -4215- 04905- P70845
CHECK NO. 7381
45- 4215- 04905- P70945
CHECK NO. 7382
45- 4215- 04905- P70245
CHECK NO: 7384
GRAND TOTAL
1770.86
1728.25
169.37
3012.53
83250.00
434.28
90,365.29
fir llGiy
1728.25
169.37
3012.53
83250.00
434.28
07/08/04 12:03
RM704UR2
RECAP BY FUND
0 0
WARRANT SUMMARY BY FUND
PRE -PAID
RRA 1993A CAPITAL PROJECT 45
TOTAL
GRAND TOTAL
PAGE: 2
7/13/04 USER: cpi
WRITTEN
90,365.29
90,365.29
90,365.29
0 0
TO: HONORABLE MAYOR AND MEMBERS
ROSEMEAD CITY COUNCIL
FROM: BILL CROWE, CITY MANAGER
DATE: July 3, 2004
RE: CONSIDERATION OF ORDINANCES EXTENDING THE DATE FOR
EFFECTIVENESS AND RECEIPT OF TAX INCREMENT FOR
PROJECT AREA NO. 1 AND PROJECT AREA NO. 2.
Last year, to compensate Redevelopment Agencies for the ERAF payments they were
forced to make, the legislature enacted SB 1045 which authorizes amendments to
redevelopment plans to extend, by one year, the time limits on effectiveness and receipt
of tax increment. These amendments may be enacted by ordinance without having to go
through the formalities normally required for a plan amendment.
Project Area No. I is currently effective through June 27, 2012 and the Agency may
receive tax increment until June 27, 2022. Ordinance No. extends the
effectiveness of Project Area No. 1 tlrrough June 27, 2013, and extends receipt of tax
increment to June 27, 2023.
Project Area No. 2 is currently effective through June 27, 2030 and the Agency may
receive tax increment until June 27, 2045. Ordinance No. extends the
effectiveness of Project Area No. 1 through June 27, 2031, and extends receipt of tax
increment to June 27, 2046.
RECOMMENDATION:
That the Council introduce Ordinances No. and