HomeMy WebLinkAbout2016-06-28; City Council; Resolution 2016-136EXHIBIT 11
1 RESOLUTION NO. 2016-136
2 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD,
3 CALIFORNIA ACTING AS SUCCESSOR AGENCY FOR THE CARLSBAD
REDEVELOPMENT AGENCY, APPROVING THE OPERATING BUDGET
4 OF THE SUCCESSOR AGENCY AND ENFORCEABLE OBLIGATIONS OF
THE CITY OF CARLSBAD'S REDEVELOPMENT OBLIGATION
5 RETIREMENT FUND FOR FISCAL YEAR 2016-17.
6 WHEREAS,the City Council of the City of Carlsbad,California has been
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designated as the Successor Agency for the Carlsbad Redevelopment Agency and,as such,is
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responsible for the administrative responsibilities required to complete the work of the former
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10 Carlsbad Redevelopment Agency and repay all enforceable obligations; and
11 WHEREAS,the City Council as the Successor Agency for the Carlsbad
12 Redevelopment Agency and the appointed Oversight Board have reviewed the proposed
13 Operating Budget for the Agency and previously approved the Enforceable Debt Obligations to
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be repaid from the Redevelopment Obligation Retirement Fund for FY 2016-17; and
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16 WHEREAS,the Successor Agency finds that the proposed Operating Budget for
17 the Agency and the Oversight Board approved debt obligations of the Redevelopment
18 Obligation Retirement Fund is consistent with the Recognized Obligation Payment Schedule
19 prepared by the Successor Agency and approved by the Oversight Board; and
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WHEREAS,public hearings have been held as necessary prior to the adoption of
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the final operating budgets.
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23 NOW, THEREFORE,BE IT RESOLVED by the City Council of the City of Carlsbad,
24 California acting as Successor Agency for the Carlsbad Redevelopment Agency as follows:
25 1.That the above recitations are true and correct.
26 2.That certain documents now on file in the office of the Carlsbad City Clerk
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entitled "City of Carlsbad,FY 2016-17 Preliminary Operating Budget and FY 2016-17 to 2030-31
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1 Capital Improvement Program —Preliminary,"as amended in accordance with Exhibit 11-A
2 attached hereto and incorporated by reference herein,is hereby adopted as the Operating
3 Budget for the Carlsbad Redevelopment Obligation Retirement Fund for FY 2016-17, along with
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any Program Options determined by the City Council as set forth in the minutes of the Council's
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6 meeting of Tuesday, June 28, 2016.
7 3.That the amounts reflected as estimated revenues for FY 2016-17 are
8 hereby adopted as the budgeted revenues for FY 2016-17.
9 4.That the amount designated as FY 2016-17 Budget request in Exhibit 11-A
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is hereby appropriated to the fund for which it is designated, and such appropriation shall not
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be increased except as provided herein.
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13 5.That the following controls are hereby placed on the use and transfers of
14 budget funds:
15 A.No expenditure of funds shall be authorized unless sufficient
16 funds have been appropriated by the Successor Agency or designee,as described below.
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i.The City Manager,as Executive Director for the Successor Agency,
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may authorize all transfers of funds from account to account within the same fund in an
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20 amount up to $100,000 per transfer.
21 ii.The City Manager,as Executive Director of the Successor Agency,
22 may delegate the authority to make budget transfers and adjustments.
23 iii.The City Manager,as Executive Director of the Successor Agency,
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may authorize budget adjustments involving offsetting revenues and expenditures;the City
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Manager,as Executive Director of the Successor Agency,is authorized to increase an
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1 appropriation for a specific purpose where said appropriation is offset by unbudgeted revenue
2 which is designated for said specific purpose,and is approved in advance by the Oversight
3 Board.
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B.The Successor Agency must authorize any increase in the number
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of authorized permanent personnel positions above the level identified in the final Budget. The
7 City Manager,as Executive Director of the Successor Agency,may authorize the hiring of
8 temporary or part-time staff as necessary,within the limits imposed by the controls listed
9 above and subject to the Operations Budget for the Successor Agency.
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6.That all appropriations and outstanding encumbrances as of June 30,
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2016, are hereby continued into FY 2016-17 for such contracts and obligations,as approved by
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13 the Oversight Board.
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1 PASSED,APPROVED AND ADOPTED at a Joint Special Meeting of the Carlsbad
2 City Council,Carlsbad Municipal Water District Board of Directors,Carlsbad Public Financing
3 Authority Board of Directors,Community Development Commission,and City of Carlsbad as
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Successor Agency to the Redevelopment Agency,held on the 28th day of June,2016,by the
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6 following vote to wit:
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8 AYES:Hall, Wood, Schumacher, Blackburn, Packard.
9 NOES:None.
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ABSENT:None.•
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14 WeMATT HALL, Mayor
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ATTEST:
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BARBA' A ENGLESON, City CleefF\
19 (SEAL)
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Exhibit 11-A
PROGRAM:SUCCESSOR AGENCY (REDEVELOPMENT) OPERATIONS
VILLAGE AREA
FUND:TRUST
PROGRAM GROUP:COMMUNITY & ECONOMIC DEVELOPMENT ACCT NO. 8012410
2013-14 2014-15 2015-16 2016-17
ACTUAL ACTUAL BUDGET BUDGET
PERSONNEL $103,157 $107,934 $112,626 $117,502
MAINTENANCE & OPERATIONS 606,663 523,512 1,177,508 1,283,023
CAPITAL OUTLAY 0 0 0 0
GRAND TOTAL $709,820 $631,446 $1,290,134 $1,400,525
FULL TIME POSITIONS 0.85 0.85 0.85 0.85
HOURLY/FTE POSITIONS 0.00 0.00 0.00 0.00
PROGRAM ACTIVITIES:
•Complete various activities associated with dissolution of the Redevelopment Agency.
•Complete any projects set forth within the approved Recognized Obligation Payment Schedule (ROPS) and ensure
payment of all debt obligations as set forth by the Oversight Board.
•Coordinate the activities of the Oversight Board, and complete assignments of the Oversight Board.
•Transfer ownership of redevelopment agency property to appropriate agency, or sell said property as set forth by
the Oversight Board.
KEY ACHIEVEMENTS 2015-16
•Successfully completed all of the required financial audits for the sunset of the program.
•Partnered and worked collaboratively to reach approval by the State of California's Department of Finance.
KEY GOALS 2016-17:
•HNS staff will coordinate with the City Attorney's Office,Finance Department,the Oversight Board, the State of
California and County of San Diego to ensure proper implementation of the Successor Agency and take
appropriate actions to continue to dissolve the former redevelopment agency in a timely manner and ensure
repayment of all approved debt obligations.
•Complete approved redevelopment projects as set forth within the certified ROPS and submit all required reports
on dissolution activities to the State of California and the County of San Diego.
SIGNIFICANT CHANGES:
•None