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HomeMy WebLinkAboutSA RES. 2019-01 ROPS 19-20 and administrative budget RESOLUTION NO. SA 2019-01 A RESOLUTION OF T'HE CITY COUNCIL, SITTING AS THE SUCCESSOR AGENCY TO THE REDEVELOPMENT' AGENCY OF THE CITY OF PO O1' CALIFORNIA APPROVING THE RECOGNIZED OBLIGATION PAYMENT SCHEDULE FOR THE PERIOD OF JULY 1, 2019 THROUGH JUNE 30, 2020, "ROPS 19-20" AND APPROVING THE ADMINISTRATIVE BUDGIET WHEREAS, the City Council of the City of Pomona ("City") approved and adopted the Redevelopment Plans for the various Redevelopment Project Areas ("Redevelopment Plans") covering certain properties within the City (the "Project Areas"); WHEREAS, as part of the 2011-12 State budget bill, the California Legislature enacted, and the Governor signed AB X1 26 requiring that each redevelopment agency be dissolved; WHEREAS, the City Council of the City of Pomona ("City") on January 9, 2012 adopted City Council Resolution No. 2012-8 electing to become the Successor Agency to the former Redevelopment Agency of the City of Pomona pursuant to California Health and Safety Code Sections 34171 (0) and 341.73; and WHEREAS, the Successor Agency adopted a resolution No. SA2018-01 approving RODS 18-19 and the Administrative Budget covering the enforceable obligations for the period from July 1, 2018 through June 30, 2019. WHEREAS, on September 22, 2015, the Governor signed SB 107 which revised the timeline for the preparation of the ROP'S from bi-annual process to an annual process for the fiscal period beginning July 1, 2016. SBI07 requires that RODS and the associated Administrative Budget be approved by the Oversight Board and sent to the State Department of Finance by no later than February 1, 2016 and each February I thereafter. WHEREAS, all other legal prerequisites to the adoption of this Resolution have occurred. NOW, THEREFORE, BE IT RESOLVED by the City Council, sitting as the Successor Agency to the Redevelopment Agency of the City of Pomona, California, pursuant to California Health and Safety Code Section 34173, as follows. SECTION I. The foregoing Recitals are incorporated into this Resolution by this reference, and constitute a material part of this Resolution. SECTION 2, The Successor Agency hereby approves and adopts the Recognized Obligation Payment Schedule (RODS 19-20) and the Administrative Budget attached hereto as Exhibits "A" and. "B", respectively. SECTION 3. The City Council, sitting as the Successor Agency, hereby authorizes and directs the City Manager to submit forthwith RODS 19-20 and the Administrative Budget to the Pomona Successor Agency Oversight Board and the appropriate County and State agencies. Resolution No. SA 2019-01 Page 1of2 SECTION 4. The City Clerk in her capacity as the Clerk to the City Council, sitting as the Successor Agency to the Redevelopment Agency shall certify to the passage and adoption of this Resolution and it shall thereupon take effect and be in full force, PASSED,APPROVED AND ADOPTED this 711i day of January 2019. POMONA CITY COUNCIL SITTING AS SUCCESSOR AGENCY TO THE REDEVELOPMENT AGENCY OF THE CITY OF POMONA, CALIFORNIA, PURSUANT TO CALIFORNIA HEALTH AND SAFETY CODE SECTION 34173 Tr7imSandova Agency Chair APPROVED AS TO FORM: ATTEST: LP Christi Hogin R8sal ia A. Butlei-,-MMC Agency Counsel Agency Secretary 1, HEREBY CERTIFY that the foregoing resolution was duly adopted by the City Council sitting as the Successor Agency to the Redevelopment Agency of the City of Pomona at a regular meeting thereof held on January 7, 2019 by the following vote of the Agency: AYES: Garcia, Gonzalez, Lustro, Ontiveros-Cole, Preciado, Torres, Sandoval NOES: None ABSTAIN: None ABSENT: None kosalia A. But MMC Agency Secretary Resolution No. SA 2019-01 Page 2 oft N w a4t m 0 m 0 m w ti ce) w CP 10- 0 Ir 0 N 0 0 N R V- LO rte- t0 O le V- 0 C-4 M la 04 • cli it r-I- 0 76 r- Cl o E as C; U) cm- CL 0 ro IM E z C 0 E ;,CM CL Z, : 0 0 + 0 0 LL 0 .2 + Zj RM + IL L4 0 cr) E E 0 w m 4) + raj 70 0 OC g�j co 0 CO U. 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O O C m C tU c E YS` 00 T ............. .. ......_., ......... ..... ._._ ._..---- W (0 w' Q1 n.+ �I Exhibit B Successor Agency to the Redevelopment Agency of the City of Pomona Administrative Budget(ROPS 19-20) July 1,2019 through June 30,2020 FY 2019-20 Annual Project Name Source of Payment Bud et Direct Project Management Cost 3 Required by Bond Documents RPTTF 89,133 Senior Accountant(60%) Accounting Supervisor(2%) Finance Director(7%) 20 Development Agreement Obligations RPTTF 90,1107 Deputy City Manager(Former Redevebpment Director(15%) Senior Project Manager(10%) Finance Director(2%) Accounting Supervisor(2%) Senior Accountant(26%) Legal Admin Assistant(8%) ,18 Property Disposition Project Cost* RPTTF 119,614 Deputy City Manager(Former Redevelopment Director(25%) Senior Project Manager(35%) Finance Director(1%) Accounting Supervisor(1%) Senior Accountant(14%) Legal Admin Assistant(2%) Total Direct Project Management Cost 298,755 Administrative Cost 75 City Manager(5%) RPTTF 14,981 38 SL/VL Buy Back RPTTF 1,800 Contracted Services(HDL Property Tax Service) 25,000 Office Supplies(Office Depot) 2,000 Postage(U S Postal, Fedex,Golden State Overnight) 200 Printing&Copying(City of Pomona) 1,000 Other Expenses(rentals, refunds,etc,) 2,000 Departmental Expense(mtgs,business card) 3,000 Office Equipment Replacement/Maintinance 4,800 7�: Total Controllable Expenses Other Funds 38,000 Telephone Service Expense 1,000 7 Total Utility Expenses Other Funds 1,000 D/S Allocation - 78 Total Allocated Cost&Self Insurance Other Funds - 40 Legal Services-Successor Agency 200,000 4 Legal Services-Oversight Board - Total Legal Other Funds 200,000 Total Administrative Cost 255,781 Total Direct and Administrative Cost 554,536