HomeMy WebLinkAbout2004-04-20; Housing & Redevelopment Commission; Resolution 3801
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RESOLUTION NO. 380
A RESOLUTION OF THE HOUSING AND
REDEVELOPMENT COMMISSION OF THE CITY OF
CARLSBAD , CALI FORN 14 AUTHORlZl NG PAYMENTS
TO THE ERAF FUND AS DIRECTED BY THE STATE
AND TO THE CITY OF CARLSBAD’S WORKER’S
COMPENSATION FUND AND APPROPRIATING FUNDS.
WHEREAS, recent California legislation (Health and Safety Code
Section 33681) requires redevelopment agencies to shift $135 million in property
tax revenues to K-12 schools and community colleges during the 2003-04 fiscal
year; and
WHEREAS, in accordance with this legislation, the Carlsbad
Redevelopment Agency must make a special one-time payment of $143,718, as
determined by the State Director of Finance to the County of San Diego Auditor
for deposit in the Education Revenue Augmentation Fund on or before May 10,
2004; and
WHEREAS, the Carlsbad Redevelopment Agency participates in the City
of Carlsbad’s self-insurance fund to pay for Worker’s Compensation costs; and
WHEREAS, Worker’s Compensation costs for the Carlsbad
Redevelopment Agency have risen dramatically over the past two years resulting
in underpayments to the City‘s Worker’s Compensation fund; and
WHEREAS, as a result of these events, amendments to the
Redevelopment Agency budgets are required.
NOW, THEREFORE, BE IT RESOLVED by the Housing and
Redevelopment Commission of the City of Carlsbad, California, as follows:
1. That the above recitations are true and correct.
2. That the Finance Director is authorized to appropriate $143,718 from
the Redevelopment Agency Debt Service Funa for the purpose of making a
special payment to the County Auditor of San Diego for deposit into the Education
Revenue Augmentation Fund on or before May 10, 2004.
3. That the Finance Director is authorized to appropriate the following
amounts from the Redevelopment Agency‘s Funds and pay them to the Worker‘s
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Exhibit 3
Page 2 Housing and Redevelopment Connission Resolution No. 380
Compensation fund in payment of actual and anticipated claims over the past two
years:
Section 8 $ 10,167
Village Redevelopment Area - Debt Service 4,467
1,000
1,633
434
Village Redevelopment Area - Low/Moderate Income
South Carlsbad Coastal Redevelopment Area - Debt Service
South Carlsbad Coastal Redevelopment Area - Low/Moderate
PASSED, APPROVED, AND ADOPTED at a regular meeting of the
Housing and Redevelopment Commission of the City of Carlsbad, California, held
on the 2othday of A3ril , 2004 by the following vote, to wit:
AYES: Commissioners Lewis, Fifinila, Kulchin, Hall and Packard
NOES: None
ABSENT: None
"EtAiicii d LE~IS, Chairperson
ATTEST:
RAYMOND R. PATCHETT, Secretary
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