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RRA - Item 2 - 1999-2000 RRA Budget ROSEMEAD REDEVELOPMENT AGENCY R R '� 8838 VALLEY BLVD ROSEMEAD,CA91770•(818)288-6671 •TeMecopmr8183079218 TO: HONORABLE CHAIRMAN AND MEMBERS ROSEMEAD REDEVELOPMENT AGENCY FROM: FRANK G. TRIPEPI, EXECUTIVE DIRECTOR DATE: JUNE 15, 1999 RE: RESOLUTION NO. 99-14 ADOPTING 1999-2000 ROSEMEAD REDEVELOPMENT AGENCY BUDGET Attached for your consideration is a copy of Resolution No. 99-14 adopting the 1999-2000 Annual Budget. RECOMMENDATION: After any amendments, it would be appropriate for the Rosemead Redevelopment Agency to adopt Resolution No. 99-14 Annual Budget. AGENCY AGENDA JUN 221999 ITEM No. =Z. RESOLUTION NO. 99-14 A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF ROSEMEAD ADOPTING THE ANNUAL BUDGET FOR FISCAL YEAR 1999-2000 AND MAKING APPROPRIATIONS FOR THE AMOUNT BUDGETED Whereas, an Annual Budget for the Rosemead Redevelopment Agency for the fiscal year commencing July 1, 1999 and ending June 30, 2000 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, 1999 and ending June 30, 2000. 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 22nd day of June, 1999. Chairman of the Rosemead Redevelopment Agency ATTEST: Agency Secretary ROSEMEAD REDEVELOPMENT AGENCY SUMMARY OF EXPENDITURES BY CATEGORY REDEVELOPMENT FUNDS 1997-98 1998-99 1999-2000 Actual Projected Budgeted ADMINISTRATIVE (Cost Center 4210): Agency Salaries $3,060 $3,000 $3,600 Legal Fees 14,641 13,000 13,000 Auditing Fees 12,450 13,000 14,500 Other Financial Services 5,350 3,000 3,000 Fiscal Agent Services 7,920 7,700 9,000 Department Supplies 751 250 500 Miscellaneous Expenses 625 0 0 Travel and Meeting Expenses 605 500 3,000 Membership/Subscription 2,165 2,500 2,500 City Services 947,300 947,300 947,300 TOTAL ADMINISTRATIVE $994,867 -$990,250 $996,400 SPECIAL PROJECTS (Cost Center 4215): NPDES $7,630 $5,500 $10,000 Pavement Management System 319 0 0 Congestion Management Program 1,336 2,500 5,000 Concrete Repair Projects 3,722 0 0 City Hall Renovation - Phase I 7,935 590,000 0 City Hall Renovation - Phase II 0 5,000 160,000 City Hall Renovation - Phase III 0 0 350,000 Rosemead Community Recreation Center Improvements 22,536 81,000 38,680 Rosemead Park Improvements 78,370 61,000 41,950 Rosemead Pool Improvements 4,681 50,000 262,000 Zapopan Center Improvements 13,525 6,000 0 Zapopan Park Improvements 72,519 17,500 2,170 Garvey Park Improvements 56,817 43,000 25,000 Garvey Pool Improvements 79,001 35,000 21,350 City Hall Fountain Rehabilitation 0 7,500 110,000 Garvey Park Satellite Sub-station 19,454 107,500 7,500 Sally Tanner Park 3,756 0 4,800 Redevelopment Project Area No. 2 0 18,300 100,000 Pavement Management Study (1998-99) 0 15,000 0 Street Light Installations (1998-99) 0 30,000 470,000 Alhambra Wash Sewer Interceptor 0 0 500,000 Columbia Street Storm Drain 0 0 450,000 San Gabriel Storm Drain 175,241 33,000 0 • ROSEMEAD REDEVELOPMENT AGENCY SUMMARY OF EXPENDITURES BY CATEGORY REDEVELOPMENT FUNDS 1997-98 1998-99 1999-2000 Actual Projected Budgeted SPECIAL PROJECTS (cont.): Street Lights Installation (1996-97) $111,838 $0 $0 Garvey Community Center 0 100,000 650,000 Street Lights Installation (1997-98) 25,583 170,000 0 Kelbum Storm Drain 19,633 5,000 153,000 Delta Storm Drain 13,854 7,500 245,000 Del Mar Sewer Collector 205,664 35,500 0 Willard Recreation Site 1,435 0 0 Street Lights Installation (1999-2000) 0 0 150,000 Walnut Grove Bridge/Alhambra Wash 0 0 100,000 Triangle Park Improvements 0 0 7,500 Walnut Grove Beautificiation 4,500 0 0 Valley Boulevard Marketing Program 6,354 5,000 13,000 Concrete Repair Projects (1996-97) 1,853 0 0 Concrete Repair Projects (1998-99) 0 2,500 75,000 Jess Gonzales Sports Complex 7,286 0 0 Slurry Seal Projects (1996-97) 1,945 0 0 TOTAL SPECIAL PROJECTS $946 787 $1,433,300 $3,951,950 STREET PROJECTS (Cost Center 4501): Supportive Engineering $60,138 $65,000 $80,000 Highcliff (Del Mar/West End) 73,557 530,000 0 San Gabriel Blvd. Beautification 712 40,000 1,500,000 Walnut Grove Offramp (Hellman Avenue) 3,556 5,000 500,000 Walnut Grove Beautification 16,149 260,000 500,000 Del Mar Beautification 606 0 50,000 Street Widening (1998-99) 0 0 0 Garvey Avenue Restriping 0 0 65,000 Street Resurfacing (1996-97) 197,306 0 0 Street Resurfacing (1997-98) 39,489 420,000 0 Slurry Seal (1998-99) 0 500 75,000 Street Resurfacing (1999-2000) 0 0 400,000 TOTAL STREET PROJECTS $391 513 $1,320,500 $3,170,000 ROSEMEAD REDEVELOPMENT AGENCY SUMMARY OF EXPENDITURES BY CATEGORY REDEVELOPMENT FUNDS 1997-98 1998-99 1999-2000 Actual Projected Budgeted TRAFFIC SIGNALS (Cost Center 4531): Traffic Study $12,125 $8,800 $10,000 Garvey Senior Housing -Traffic Signal 0 3,000 165,000 Hellman © Jackson Traffic Signal _ 0 1,500 120,000 TOTAL TRAFFIC SIGNALS $12,125 $13,300 $295,000 TRANSFER TO 1993 BONDS (FUND 43) $0 $0 $585,279 REDEVELOPMENT FUNDS TOTAL $2,345 22 $3,757,350 $8,998,629