HomeMy WebLinkAbout2014-06-17; City Council; Resolution 2014-138Exhibit 12
1 RESOLUTION NO. 2014-138
13
14
15
16
17
18
19
20
25
26
27
28
2 A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF CARLSBAD, CALIFORNIA ACTING AS SUCCESSOR
AGENCY FOR THE CARLSBAD REDEVELOPMENT
AGENCY, APPROVING THE OPERATING BUDGET OF
THE SUCCESSOR AGENCY AND ENFORCEABLE
OBLIGATIONS OF THE CITY OF CARLSBAD'S
REDEVELOPMENT OBLIGATION RETIREMENT FUND
6 FOR FISCAL YEAR 2014-15.
7
^ WHEREAS, the City Council of the City of Carlsbad, California has been
g designated as the Successor Agency for the Carlsbad Redevelopment Agency and, as
10 such, is responsible for the administrative responsibilities required to complete the work
11 of the former Carlsbad Redevelopment Agency and repay all enforceable obligations,
12 and
WHEREAS, the City Council as the Successor Agency for the Carlsbad
Redevelopment Agency and the appointed Oversight Board have reviewed the
proposed Operating Budget for the Agency and previously approved the Enforceable
Debt Obligations to be repaid from the Redevelopment Obligation Retirement Fund for
FY 2014-15, and
WHEREAS, the Successor Agency finds that the proposed Operating Budget for
the Agency and the Oversight Board approved debt obligations of the Redevelopment
21 Obligation Retirement Fund is consistent with the Recognized Obligation Payment
22 Schedule prepared by the Successor Agency and approved by the Oversight Board
23 and
•^^ WHEREAS, public hearings have been held as necessary prior to the adoption of
the final operating budgets.
/5y
3
4
5
6
7
8
9
10
Exhibit 12
1 NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
2 Carlsbad, California acting as Successor Agency for the Carlsbad Redevelopment
Agency as follows:
1. That the above recitations are true and correct.
2. That certain documents now on file in the office of the Carlsbad City Clerk
entitled "City of Carlsbad, FY 2014-15 Preliminary Operating Budget and FY 2014-15 to
2028-29 Capital Improvement Program - Preliminary," as amended in accordance with
Exhibit 12-A attached hereto and incorporated by reference herein, is hereby adopted
as the Operating Budget for the Carlsbad Redevelopment Obligation Retirement Fund
11 for FY 2014-15, along with any Program Options determined by the City Council as set
12 forth in the minutes of the Council's meeting of Tuesday, June 17, 2014
13 3. That the amounts reflected as estimated revenues for FY 2014-15 are
hereby adopted as the budgeted revenues for FY 2014-15.
4. That the amount designated as FY 2014-15 Budget request in Exhibit 12-
A is hereby appropriated to the fund for which it is designated, and such appropriation
shall not be increased except as provided herein.
5. That the following controls are hereby placed on the use and transfers of
budget funds:
21 A. No expenditure of funds shall be authorized unless sufficient funds
22 have been appropriated by the Successor Agency or designee, as described below
23 i. The City Manager, as Executive Director for the Successor
•^^ Agency, may authorize all transfers of funds from account to account within the same
25
fund in an amount up to $100,000 per transfer.
26 "
27
28
14
15
16
17
18
19
20
IS3
Exhibit 12
1 ii. The City Manager, as Executive Director of the Successor
2 Agency, may delegate the authority to make budget transfers and adjustments.
^ iii. The City Manager, as Executive Director of the Successor
Agency, may authorize budget adjustments involving offsetting revenues and
expenditures; the City Manager, as Executive Director of the Successor Agency, is
authorized to increase an appropriation for a specific purpose where said appropriation
is offset by unbudgeted revenue which is designated for said specific purpose, and is
approved in advance by the Oversight Board.
B. The Successor Agency must authorize any increase in the number
11 of authorized permanent personnel positions above the level identified in the final
12 Budget. The City Manager, as Executive Director of the Successor Agency, may
1^ authorize the hiring of temporary or part-time staff as necessary, within the limits
imposed by the controls listed above and subject to the Operations Budget for the
Successor Agency.
6. That all appropriations and outstanding encumbrances as of June 30,
2014, are hereby continued into FY 2014-15 for such contracts and obligations, as
approved by the Oversight Board.
///
4
5
6
7
8
9
10
14
15
16
17
18
19
20
21 ///
22 ///
23 ///
24
25
26
27
28
///
///
///
/Sip
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
PASSED, APPROVED AND ADOPTED at a Joint Special Meeting of the City of Carlsbad as
Successor Agency to the Redevelopment Agency, the City Council of the City of Carlsbad, the
Carlsbad Municipal Water District Board of Directors, and the Carlsbad Community
Development Commission, and on the 17*^ day of June 2014, by the following vote to wit:
AYES:
NOES:
Council Members Hall, Packard, Wood, Schumacher, Blackburn.
ABSENT:
None.
None.
MATT
ATTEST:
Mayor
^^N^^^,^E^^1^^ENGLES0(^ City Clerk
'l, ^ .\V
/57
PROGRAM:
FUND:
PROGRAM GROUP:
EXHIBIT 12-A
SUCCESSOR AGENCY (REDEVELOPMENT) OPERATIONS
VILLAGE AREA
REDEVELOPMENT RETIREMENT FUND
HOUSING & NEIGHBORHOOD SERVICES ACCT NO. 8012410,
8022412
2011-12
ACTUAL
2012-13
ACTUAL
2013-14
BUDGET
2014-15
BUDGET
PERSONNEL $160,952 $94,446 $99,367 $105,093
MAINTENANCE & OPERATIONS 1,312,085 668,903 1,192,048 1,210,186
CAPITAL OUTLAY 0 0 0 0
GRAND TOTAL $1,473,037 $763,349 $1,291,415 $1,315,279
FULL TIME POSITIONS 0.80 0.85 0.85 0.85
HOURLY/FTE POSITIONS 0.14 0.00 0.00 0.00
MISSION STATEMENT:
Serving to engage and connect the community, its neighborhoods, and its people in the development and
implementation of programs which provide for affordable housing and help strengthen neighborhoods through
partnerships and collaboration to improve or enhance the quality of life and sense of community within Carlsbad.
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 2013-14
• Completed the required financial audits for the program - housing fund and non-housing fund; paid the surplus
funds to County of San Diego for distribution to appropriate taxing agencies.
• Prepared and submitted ROPS 3 and 4 for approval by the State of California's Department of Finance.
• Received the "Finding of Completion" which now allows for the City to be repaid for previous loans to the Agency.
KEY GOALS 2014-15:
• HNS staff will work in coordination with the City Attorney's Office, Finance Department, the Oversight Board and
the State of California and County of San Diego to ensure proper implementation of the Successor Agency and
take the 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
E-19