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HomeMy WebLinkAbout2015-06-30; City Council; Resolution 2015-177Exhibit 11 1 RESOLUTION NO. 2015-177 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 2015-16. 24 25 26 27 28 WHEREAS, the City Council of the City of Carlsbad, California has been 7 8 ^ designated as the Successor Agency for the Cartsbad 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 2015-16, and 13 14 15 16 17 18 . „ WHEREAS, the Successor Agency finds that the proposed Operating Budget for 19 20 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, Exhibit 11 1 NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of 2 Carisbad, 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 Cartsbad City Clerk entitled "City of Carlsbad, FY 2015-16 Preliminary Operating Budget and FY 2015-16 to 2029-30 Capital Improvement Program - Preliminary," as amended in accordance with 3 4 5 6 7 8 g Exhibit 12-A attached hereto and incorporated by reference herein, is hereby adopted 10 as the Operating Budget for the Carlsbad Redevelopment Obligation Retirement Fund 11 for FY 2015-16, along with any Program Options determined by the City Council as set 12 forth in the minutes ofthe Council's meeting of Tuesday, June 30, 2015. 3. That the amounts reflected as estimated revenues for FY 2015-16 are hereby adopted as the budgeted revenues for FY 2015-16. 4. That the amount designated as FY 2015-16 Budget request in Exhibit 11- A is hereby appropriated to the fund for which it is designated, and such approprtation shall not be increased except as provided herein. 5. That the following controls are hereby placed on the use and transfers of 20 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 fund in an amount up to $100,000 per transfer. 14 15 16 17 18 19 24 25 26 27 28 /U'l Exhibit 11 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 3 4 5 6 7 8 g approved in advance by the Oversight Board. 10 B. The Successor Agency must authorize any increase in the number 11 of authorized permanent personnel positions above the level identified in the final Budget. The City Manager, as Executive Director of the Successor Agency, may 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, 2015, are hereby continued into FY 2015-16 for such contracts and obligations, as approved by the Oversight Board. /// 12 13 14 15 16 17 18 19 20 21 /// 22 /// 23 /// 24 25 26 27 28 /// /// /// lip 2 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 ofthe City of CaHsbad City Council, CaHsbad Municipal Water District Board, CaHsbad Public Financing Authority, Community Development Commission and City of Carlsbad as Successor Agency to the Redevelopment Agency on the 30*^ day of June, 2015, by the following vote to wit: AYES: NOES: ABSENT: Council/Board/Commission Members Hall, Blackburn, Schumacher, Wood and Packard. None. None. ATTEST: RBARA ENGLES0!5/City Clerk/Secretary (SEAL) S0^^e>^ ..-^% z O : Z ot:-15 i • 'Tnlii 'nl Illll li '^liS*^ Exhibit 11-A PROGRAM: SUCCESSOR AGENCY (REDEVELOPMENT) OPERATIONS VILLAGE AREA FUND: REDEVELOPMENT RETIREMENT FUND PROGRAM GROUP: HOUSING & NEIGHBORHOOD SERVICES ACCT NO. 8012410, 8022412 2012-13 ACTUAL 2013-14 ACTUAL 2014-15 BUDGET 2015-16 BUDGET PERSONNEL $94,446 $103,157 $105,093 $112,626 1,177,508 0 MAINTENANCE & OPERATIONS 668,903 606,663 1,210,186 0 $112,626 1,177,508 0 CAPITAL OLTTLAY 0 0 1,210,186 0 $112,626 1,177,508 0 GRAND TOTAL $763,349 $709,820 $1,315,279 $1,290,134 FULL TIME POSmONS 0.85 0.85 0.85 0.85 HOURLY/FTE POSITIONS 0.00 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 2014-15 • 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 2015-16: • HNS staff will work in coordination 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 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