HDC - Item 2 - Resolution No. 2005-01 Adopting 2005-56TO: HONORABLE CHAIRMAN
AND MEMBERS
ROSEMEAI D HOUSING DEVELOPMENT CORPORATION
FROM: BILL CR VWEEXECUTIVE DIRECTOR
DATE: JUNE 16, 2005
RE: RESOLUTION NO. 2005 -01 ADOPTING 2005 -06 ROSEMEAD
HOUSING DEVELOPMENT CORPORATION BUDGET
Attached for your consideration is a copy of Resolution No. 2005 -01 adopting the 2005-
06 Annual Budget.
RECOMMENDATION:
After any amendments, it would be appropriate for the Rosemead Housing
Development Corporation to adopt Resolution No. 2005 -01 Annual Budget.
HOUSING AGENDA
JUN 2 8 2005
ITEM No. Z
RESOLUTION NO. 2005 -01
A RESOLUTION OF THE ROSEMEAD HOUSING DEVELOPMENT COROPORATION
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 Rosemead Housing Development
Corporation for the fiscal year commencing July 1, 2005 and ending June 30, 2006 was
submitted to the Housing Development Directors and is on file in the City Clerk's office.
NOW, THEREFORE, THE HOUSING DEVELOPMENT DIRECTORS OF THE
ROSEMEAD HOUSING DEVELOPMENT CORPORATION DO RESOLVE AS FOLLOWS:
Section 1. The Budget is adopted as the Annual Budget of the Rosemead Housing
Development Corporation for the fiscal year commencing July 1, 2005 and ending June 30,
2006.
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 28th day of June, 2005
President, Rosemead Housing
Development Corporation
ATTEST:
Corporation Secretary
ROSEMEAD HOUSING DEVELOPMENT CORPORATION
SUMMARY OF EXPENDITURES BY CATEGORY
ADMINISTRATIVE (Cost Center 4270)
Legal Fees
Auditing Fees
Department Supplies
Travel and Meeting Expenses
Membership /Subscription
City Services
2004 -05
Projected
$0
10,000
0
0
0
219,600
2005 -06
Budget
$3,000
13,000
300
500
500
219,600
TOTAL ADMINISTRATIVE
SPECIAL PROJECTS (Cost Center 4275):
First Time Home Buyers Program
Management Contract - Angelus
Special Insurance -Angelus
Lease Payment - Angelus
Management Contract - Garvey
Special Insurance - Garvey
Lease Payment - Garvey
TOTAL SPECIAL PROJECTS
HOUSING REHABILITATION (Cost Center 4280):
Planning and Administration
Residential Rehabilitation
TOTAL HOUSING REHABILITATION
RHDC FUND TOTAL
$229,600 $236,900
$0
$100,000
150,000
161,000
5,000
5,000
60,000
60,000
152,500
162,000
10,000
10,000
72,000
72,000
$449,500
$570,000
$0
$0
0
0
$0
$0
$679,100
$806,900
RHDC MEMORANDUM
FROM: EXECUTIVE DIRECTOR
DATE: JUNE 16, 2005
RE: EXPLANATION REGARDING WARRANT NO. 1468 -
REIMBURSEMENT FOR CITY SERVICES AND GROUND
LEASE FOR FISCAL YEAR 2004 -05
As part of the warrant register for the Rosemead Housing Development Corporation of
June 28, 2005, RHDC Director's will consider Check No. 1468 in the amount of $337,200
payable to the City of Rosemead. This payment reimburses the City of Rosemead for
services provided to the RHDC, in the amount of $219,600 and for ground lease payment,
in the amount of $117,600, for fiscal year 2004 -05. As always we have provided you with
supportive documentation on this amount. The City services and ground lease payment is
for both the Angelus and Garvey Senior Housing.
Attached is a copy of the worksheet and a sample timesheet that staff developed with the
City Auditor and the City Attorney as being an acceptable method of tracking costs
associated with Housing projects and programs. Also attached is a copy of the original
memorandum from the RHDC Attorney, David Kroot, confirming that the $150,000 is a
reasonable figure.
If you have any questions regarding this, please let me know.
BC:klo
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.. 41
ROSEMEAD HOUSING DEVELOPMENT CORP.
8838E. VALLEY BLVD. 818-288-6671,
ROSEMEAD, CA 91770
PAY TO TI IE
nRDFrnF ' CITY OF �RdSEMEAD
1468
90-3977/1222
DATE. 06728-05
1 $ 337,200.00
J,
CITY OF ROSEMEAD
8838 East Valley Boulevard .
Rosemead, CA 91770 (626) 569 -2100
TO:
ROSEMEAD HOUSING
DEVELOPMENT CORPORATION
To:,
ROSEMEAD HOUSING
DEVELOPMENT CORPORATION
INVOICE
INVOICE NUMBER
2005 -019
INVOICE DATE
June 16, 2005
YOUR ORDER NUMBER
Annual Reimbursement for City Services
TERMS
UPON RECEIPT
CONTACT PERSON
K. Ogawa
MISCELLANEOUS REF
Ground Lease payment for Fiscal Year 2004 -05
QUANTITY
DESCRIPTION
UNIT PRICE
AMOUNT
Annual Reimbursement for City Services
$219,600.00
Fiscal Year 2004 -05 (Angelus & Garvey Sr Hsg)
Ground Lease payment for Fiscal Year 2004 -05
$132,000.00
(Angelus and Garvey Senior Housing)
Less: Amount due to RHDC for overpayment of
(14,400.00)
2003 -04 Ground Lease payment (Garvey Senior
Housing)
SUBTOTAL
$337,200.00
TAX
N/A
$337,200.00
Questions concerning this invoice? MAKE ALL CHECKS PAYABL
PAY THIS
Call: Finance Department CITY OF ROS
AMOUNT
(626) 569 -2120 8838 East Valley Boulevard
Rosemead, CA 91770
Attention . - Finance-Depekment- -- - - -- -- - -
TranCode: 9900. -: ..�. —_• .., .... .. 'i
Account: 4110 - 3991- Fund01v.y T 2 7s ' 6'' °pT'i _ Zr9�6 �•
i it P��sTz b �.
THANK YOU FOR YOUR BUSINESSI qV - AC 00-4-0
) N iii ,., -.: � ••
i
CITY SERVICE INVOICE (RHDC)
Fiscal Year 2004 -05
2004 -05
Budgeted
Applicable
Balance Due
Organ.
Activity
Expenditures
Percentage
To City
4100
City Council
$282,290
N/A
$0
4110
Administration
942,180
10.00%
94,218
4120
City Clerk
203,940
10.00%
20,394
4130
Finance
536,960
10.00%
53,696
4140
City Treasurer
300
10.00%
30
4150
City Attorney
169,260
N/A
0
4180
Buildings
576,900
10.00%
57,690
4200
Community Promotions
309,400
N/A
0
4240
City Garage
38,800
10.00%
3,880
4300
Law Enforcement
5,365,050
N/A
0
4310
Parking Control
207,060
N/A
0
4320
Crossing Guards
132,510
N/A
0
4330
Animal Regulation
82,000
N/A
0
4340
Street Lighting
371,000
N/A
0
4350
Emergency Medical
7,500
N/A
0
4360
Narcotics Fore. & Seizure
60,940
NIA
0
4500
Construction- Street
10,737,500
N/A
0
4510
Traffic Administration
45,390
N/A
0
4530
Construction - Signals
105,000
N/A
0
4600
Street Maintenance
461,300
N/A
0
4630
Traffic Signal Maintenance
109,000
N/A
0
4640
Tree & Parkway Maintenance
267,000
N/A
0
4650
Signs & Striping Maintenance
150,000
N/A
0
4660
Public Transit
1,109,440
N/A
0
4700
Planning
419,780
10.00%
41,978
4710
Building Regulations
1,071,420
N/A
0
4720
Engineering
379,100
N/A
0
4740
Community Improvement
280,990
N/A
0
4750
CDBG
2,839,281
N/A
0
4780
Solid Waste
80,560
N/A
0
4800
Parks & Recreation Admin.
320,100
N/A
0
4810
Parks
1,416,100
N/A
0
4820
Recreation
840,690
N/A
0
4830
Aquatics
348,710
N/A
0
4840
Recreation Fee & Charge
283,370
N/A
0
4850
Aquatics Fee & Charge
19,200
N/A
0
4870
Dinsmoor Heritage House
35,500
N/A
0
4880
Parks Projects
0
N/A
0
Appropriated Reserve
100,000
NIA
0
$30,705,521
$271,886
Amount Due to City
$219,600
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GOLDF - AR B & LI PMAN
One Montgomery street
Telesis Tower
Twenty-nerd Floor
San Francisco
California 94104 MEMORANDUM
Sr-even EL Goldfarb
To: Don Wagner
Barry IL L#=
From: M David Sroot
M David Kroot
..
Lc G Rasenma!
Date: October 7, 1993
Roger A. Clay Jr.
Sub ject:' Proposed 1992 -93 City Reimbursement
Paula &Crow
Rosemead Housing Development Corporation
John T Nagle
Polly ¢ Ma:shaIl
2 have reviewed your list of City exp incurred to
L7nngu
support the activities Of the Rosemead goosing Development
RidmrdA.Judd
Corporation for the 1992 -93 fiscal year.
Pax FYanldin
James D. swim
The total cost of $150,000 is reasonable and the
v
lVenXMedemana
expenses may be,-'reimbursed from the Rosemead Redevelopment
Thoams IL Webber
Agency a s Low and Moderate income Housing Fund as activities '
John 7 Flaygood
ldiehad L Bey
to support the production of low. and moderate income
.
DianneJarlsonM
housing.
RaYrotaid R Bolanos
Iron X Shin
P Rentle Glover
.
Andrew 2 Shag do
LLIMLUrn
Our File: 610/1
David Id Robinson
San -zncs=
415 75S -w36
415 78Sa29 Zia
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