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CDC - 2002-09 - Adopting Annual budget 2002-03 for FYRESOLUTION NO. 2002-09 A RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF ROSEMEAD ADOPTING THE ANNUAL BUDGET FOR FISCAL YEAR 2002-03 AND MAKING APPROPRIATIONS FOR THE AMOUNT BUDGETED WHEREAS, an Annual Budget for the Community Development Commission for the fiscal year commencing July 1, 2002 and ending June 30, 2003 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, 2002 and ending June 30, 2003. 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 Chairman. PASSED, APPROVED and ADOPTED this 25th day of June, 2002. ATTEST: Agency Secre ary utive Director of the Commu lopment Commission I hereby certify that the foregoing Resolution No. 2002-09 was duly and regularly adopted by the Rosemead Community Development Commission at a regular meeting held on the 25th day of June 2002, by the following vote: Yes: Clark, Imperial, Vasquez, Bruesch No: Taylor, Absent: None, Abstain: None City Cle k ROSEMA COMMUNITY DEVELOPMENT OMISSION SUMMARY OF EXPENDITURES BY CATEGORY REDEVELOPMENT FUNDS C 2000-01 2001-02 2002-03 Actual Projected Budgeted ADMINISTRATIVE (Cost Center 4210): Agency Salaries $2,850 $1,800 $0 Legal Fees (Project Area No. 1) 15,191 36,000 25,000 Legal Fees (Project Area No. 2) 10,863 5,000 25,000 Auditing Fees 13,819 13,800 14,500 Other Financial Services 2,000 3,000 4,000 Professional Services (Proj Area 1) 0 0 86,400 Professional Services (Proj Area 2) 0 0 33,600 Fiscal Agent Services 7,955 6,660 9,000 Department Supplies 30 500 500 Miscellaneous Expense 77,412 72,110 73,000 Travel and Meeting Expenses 150 0 3,000 Membership/Subscription 2,514 2,600 10,500 City Services (Project Area 1) 953,500 947,300 947,300 City Services (Project Area 2) 0 0 378,920 Special Equipment 0 2,800 0 TOTAL ADMINISTRATIVE $1,086,284 $1,091,570 $1,610,720 SPECIAL PROJECTS (Cost Center 4215): NPDES $7,985 $2,500 $25,000 Congestion Management Program 385 300 0 General Plan Update 0 0 180,000 Miscellaneous Expense 0 177,990 0 City Hall Renovation - Phase III 58,429 150,000 1,200,000 Rosemead Community Recreation Center Improvements 14,496 13,000 110,000 Rosemead Park Improvements 336,544 37,000 95,200 Rosemead Pool Improvements 239,472 34,000 7,500 Zapopan Center Improvements 2,357 2,000 0 Zapopan Park Improvements 0 0 65,000 Garvey Park Improvements 12,438 5,200 204,000 Garvey Pool Improvements 4,714 1,800 40,500 City Hall Fountain Rehabilitation 2,221 0 0 Garvey Park Satellite (Public Safety Annex) 5,193 0 0 ROSEMA COMMUNITY DEVELOPMENT COMMISSION SUMMARY OF EXPENDITURES BY CATEGORY REDEVELOPMENT FUNDS 2000-01 2001-02 2002-03 Actual Projected Budgeted SPECIAL PROJECTS (cont.): Redevelopment Project Area No. 2 ($11,410) $0 $0 Pavement Management Study 11,310 1,690 0 Garvey Community Center 136,023 2,055,000 916,000 Garvey Community Center (Special Equip) 0 0 49,400 Walnut Grove Bridge/Alhambra Wash 1,455 85,000 0 Garvey Avenue Bridge/Rio Hondo Wash 7,015 2,500 8,000 Hellman Avenue Bridge/Alhambra Wash 5,132 48,000 450,000 Abilene Street 284,429 710 0 Valley Boulevard Marketing Program 11,449 1,920 0 Commercial Rehabilitation 0 45,000 150,000 Economic Development Program 0 0 495,000 TOTAL SPECIAL PROJECTS $1,129,637 $2,663,610 $3,995,600 STREET PROJECTS (Cost Center 4501): Supportive Engineering $49,976 $65,000 $80,000 San Gabriel Blvd. Beautification 180 0 0 Walnut Grove Offramp (Hellman Avenue) 0 0 0 Walnut Grove Beautification 6,740 0 0 San Gabriel Boulevard Improvements 0 0 145,000 Virginia Street Improvements 0 0 45,000 Street Resurfacing (2000-01) 102,082 0 0 Slurry Seal (1998-99) 61,504 0 0 Street Resurfacing (2000-01). 0 0 0 TOTAL STREET PROJECTS $220,482 $65,000 $270,000 ROSEMS COMMUNITY DEVELOPMENT C RMISSION SUMMARY OF EXPENDITURES BY CATEGORY REDEVELOPMENT FUNDS 2000-01 2001-02 2002-03 Actual Projected Budgeted TRAFFIC SIGNALS (Cost Center 4531): Traffic Study $10,940 $12,000 $13,500 Garvey Senior Housing - Traffic Signal (2,250) 125,000 0 Hellman @ Jackson Traffic Signal 19,493 12,500 2,500 TOTAL TRAFFIC SIGNALS $28,183 $149,500 $16,000 TRANSFER TO: RHDC $800,000 $6,120,000 $1,445,000 Debt Service Fund 2,130,542 2,272,060 2,306,070 TOTAL TRANSERS $2,930,542 $8,392,060 $3,751,070 REDEVELOPMENT FUNDS TOTAL $5,395,128 $12,361,740 $9,643,390 0