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CC - Item 4A - Approval of Successor Agency Claims and Demands - Resolution No. 2021-11 SAROSEMEAD CITY COUNCIL STAFF REPORT TO: THE HONORABLE MAYOR AND CITY COUNCIL FROM: GLORIA MOLLEDA, CITY MANAGER j - M DATE: SEPTEMBER 7, 2021 SUBJECT: APPROVAL OF SUCCESSOR AGENCY CLAIMS AND DEMANDS SUMMARY The City has established the policy of issuing accounts payable checks on a bi-weekly basis with City Council ratification at the next scheduled City Council Meeting as allowed under §37208 of the California Government Code. The payments presented in the following Expense Approval Report have been reviewed and approved by the appropriate departmental staff. Expense Report of: September 7, 2021 Check Numbers N/A $ 0.00 Draft Numbers 5263 $ 1,807,997.92 EFT Numbers N/A $ 0.00 Total Register $ 1,807,997.92 STAFF RECOMMENDATION Approve the Claims and Demands as presented. Prepared by: Paula Chamberlain, Interim Finance Director Attachments: Resolution No. 2021-11 SA Expense Approval Report AGENDA ITEM 4.A RESOLUTION NO. 2021-11 SA A RESOLUTION OF THE CITY OF ROSEMEAD AS THE SUCCESSOR AGENCY TO THE ROSEMEAD COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF ROSEMEAD ALLOWING CERTAIN CLAIMS AND DEMANDS IN THE SUM OF $1,807,997.92 DRAFT NUMBERED 5263 INCLUSIVELY, WHICH IS ATTACHED HERETO AND MADE A PART HEREOF NOW, THEREFORE, THE CITY OF ROSEMEAD AS THE SUCCESSORY AGENCY TO THE ROSEMEAD COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF ROSEMEAD, DOES HEREBY RESOLVE, DECLARE, DETERMINE, AND ORDER AS FOLLOWS: SECTION 1. That the Executive Director hereby certifies as to the accuracy of the following demands and the availability for payment thereof. SECTION 2. The Successor Agency Clerk shall certify to the adoption of this resolution and hereafter the same shall be in full force and effect. Gloria Molleda, Executive Director L A��' Paula L. Chamberlain, Interim Finance Director PASSED, APPROVED, AND ADOPTED this 71h day of September, 2021. APPROVED AS TO FORM: Polly Low, Successor Agency Chair ATTEST: Rachel Richman, Successor Agency Counsel Ericka Hernandez, Successor Agency Clerk STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES) § CITY OF ROSEMEAD ) I, Ericka Hernandez, Successor Agency Clerk to the Rosemead Community Development Commission of the City of Rosemead, California, do hereby certify that the foregoing Successor Agency Resolution No. 2021-11 SA was duly adopted by the Board of the Successor Agency, at a special meeting thereof held on the 7th day of September, 2021, by the following vote, to wit: AYES: NOES: ABSENT: ABSTAIN: Ericka Hernandez, Successor Agency Clerk Successor Agency Expense Approval Report 2021-11 City of Rosemead, CA By Vendor Name Payment Number Payable Number Vendor: 1378-4 - U.S. BANK CORPORATE TRUST DFT0005263 1820071 Description (Item) 2016SUBORDINATETAX ALLOCAT REFUND BONDS/9/24/2021 Payment Dates 9/2/2021 - 9/2/2021 Account Number Amount 315-11155 1,807,997.92 Vendor 1378-4 - U.S. BANK CORPORATE TRUST Total: 1,807,997.92 Grand Total: 1,807,997.92 9/1/2021 3:31:05 PM Page 1 of 2 Successor Agency Expense Approval Report 2021-11 Fund Summary Fund Payment Amount 315 - Merged Capital Projects 1,807,997.92 Grand Total: 1,807,997.92 Account Summary Account Number Account Name Payment Amount 315-11155 Cash w/fiscal agent - USB 1,807,997.92 Grand Total: 1,807,997.92 Project Account Summary Project Account Key Payment Amount **None** 1,807,997.92 Grand Total: 1,807,997.92 Payment Dates: 9/2/2021- 9/2/2021 Report Summary 9/1/2021 3:31:05 PM Page 2 of 2