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Home My WebLink AboutResolution No. 2019-R03RESOLUTION NO. 2019-1103 A RESOLUTION OF THE SUCCESSOR AGENCY OF THE FORMER REDEVELOPMENT AGENCY OF THE CITY OF AZUSA APPROVING AND ADOPTING THE ADMINISTRATIVE BUDGET FOR THE PERIOD OF JULY 1, 2019 THROUGH JUNE 30, 2020 PURSUANT TO AB x1 26 AS AMENDED BY AB 1484 WHEREAS, Health and Safety Code Section 34177(J), enacted by AB xl 26, requires a successor agency to a former redevelopment * agency to prepare administrative budgets to the Oversight Board for approval. WHEREAS, the Successor Agency of the Former Redevelopment Agency of the City of Azusa ("Agency") has submitted to the Oversight Board of the Agency ("Board") an annual proposed administrative budget ("Budget") that commences on July 1, 2019 through June 30, 2020. Attached hereto as Exhibit B, and NOW, THEREFORE, BE IT RESOLVED, determined and ordered by the Oversight Board as follows: Section 1. The Recitals set forth above are true and correct and incorporated herein by reference. Section 2. The Board hereby approves the Budget, in substantially the form attached to this Resolution as Exhibit B, so that the Agency may continue to meet its recognized obligations, all as required by Health and Safety Code section 34177, during the time period from July 1, 2019 through June 30, 2020. The Agency reserves the right to further amend the Budget in the future in order to provide an accurate schedule. Section 3. The Agency staff is authorized and directed to enter into any agreements and amendments to agreements necessary to memorialize and implement the agreements and obligations in the Budget herein approved by the Board. Section 4. The Board hereby directs that copies of this Resolution be submitted to the California State Department of Finance, the California State Controller's Office and the Los Angeles County Auditor -Controller and to be posted on the Agency's website. Section 5. Pursuant to Health and Safety Code Section 34179(h), all actions taken by the Board, may be reviewed by the California Department of Finance, and therefore, this Resolution shall not be effective for five (5) business days, pending a request for review by the California Department of Finance. PASSED, APPROVED AND ADOPTED THIS 22th day of January, 2019. oseph omero Rocha Chairman ATTEST: J a Cornejo, J . ecretary CERTIFICATION I, Jeffrey Lawrence Cornejo Jr., City Clerk of the City of Azusa, do hereby certify that Resolution No. 2018-R03 was duly adopted by the City Council of the City of Azusa, serving as the Successor Agency to the Former Redevelopment Agency, at a regular meeting held on the 22°d day of January 2019, by the following vote of the Agency: AYES: AGENCY MEMBERS: GONZALES, CARRILLO, ALVAREZ, ROCHA NOES: AGENCY MEMBERS: NONE ABSENT: AGENCY MEMBERS: MACIAS J r a ce Cornejo, J Secretary APPROVED AS TO FORM: BestB st & Krieger, LL City A orney EXHIBIT B PROPOSED ADMINISTRATIVE BUDGET July 1, 2019 through June 30, 2020 O N N C0 Ict m 19 M _O C07 ti u -fi M N N m Ln O Ki NT Or N r r L) (D 'ar M M r M I- M U') 00 w O N f` C0 f-- 0 "t M Q N ti LO r M 0 LO LC) O O E r_ 5+ O' r r N r CV N r O _ V r O N LO r O t�fJ Q d u7 W 4) e4 N t� 7 3'KI- N CO N 00 N N N O O aO r COO M O co (0 Lf) U') Lf) M d a = N 00 r N c 0 0 0 0 o o cn ~ H LLOOOOOLLoLLoLL O O O N LLQ C) Or C> 00 N N N Q V J N M�U') M ti O r W �NrOLgLnI:LOM,I: Z 41NOrM000I� Z Q LL4)00000ItItM Q O �rrr N z O m=� w a J �O ~ O C Q C O r Ln M f` O O N r C0 f� N r It O f- 00 H � Lo 00 r N ;i M N f� U) O N N N r r r r LL LU Z L Y O C W m m �_ }, U o D N Z0) c c6 = t cU,- Q � O a0i a) N >+ .� v E— �� Q .0 ozj U L 0 Q- C O� (n O J 0 C >+ O C .T Q >, cn U- t� U W LL U) 0 ; U)M Successor Agency of the Former Redeveolpment Agency of the City of Azusa PROPOSED ADMINISTRATIVE BUDGET July 1, 2018 to June 30, 2019 Administrative Allocation Administrative Costs Vendors: Best Best & Krieger Arbitrage Compliance Specialists Urban Futures HdL Coren & cone Dukes Landscaping Iron Mountain Badawi & Associates CPAs' Frontier Communication Azusa Light & Water Wilmington Trust Personnel: Description Agency Legal Counsel Arbitrage calculations Continuing Disclosures Tax Increment Audit Services Weed abatement/treatment Storage Audit Services Comm. Service -Reader Board Reader Board -Electrical Trustee Admin Fees Position City Manager Econ & Comm director Finance Director Senior Accountant Assist. City Clerk A/P Specialist Executive Asst Payroll Specialist Estimate $55,000 1,600 6,000 7,250 9,000 2,400 10,000 2,000 9,750 8,000 $111,000 Estimate $13,730 101,789 20,119 56,047 11,415 2,611 2,653 2,178 210,540 $ 250,000 321,540 Excess (Deficit) - Administrative Allocation $ (71,540) m 19 O M O m CO O t co m In NO O N m C� CO CO O O I-- M M O O O 0 o Oo N� L) tO V O O O f` In M O te a = M O V-- 't V-�- LO I,- �C O Q y I- ti O� 0 CO E C >+0 c O(67NNN WC O () � O CN LO Qa 09.� 'a V O It N CO N CONN N ,O Q r O O M O M Cfl LO LO LO L = CO N CO a w.o- goo LL0ooLo� 00000 � O— � CO N N N 0 O M N O ti N L _O K? O IT LO O N H N J W Z Z U) w W IL J Q H 0 'O = NOM N D N I— Cfl M N m � N N O M O O L O- (N N 0 CO O lO LLQ 't N LL �2�� Z m O () cc N OLOOOMO (o O W I- CO Il- M OO J C CO N IL Z R N m l- In o 4 � 0 o w � ++ N N N �- H H LL � LU Z N O C W maw U N C) fQ v G W Z coc Q L o m c }> U) _j V- O L N E2 > O-- >,� O' H - U LU V a ec � CD v a'� c E a J�� -0— cnOW WO U�pcu'E�aQ>, F50Lu Zw3:;aina 0 O M N O ti N L _O K? O IT LO O N H N J W Z Z U) w W IL J Q H 0 Successor Agency of the Former Redeveolpment Agency of the City of Azusa PROPOSED ADMINISTRATIVE BUDGET July 1, 2016 to June 30, 2017 Administrative Allocation Administrative Costs Payee description Best Best & Krieger Agency Legal Counsel Arbitrage Compliance specialists Arbitrage calculations Urban Futures Continuing Disclosures HdL Coren & cone Tax Increment Audit Services Dukes Landscaping Weed abatement/treatment Iron Mountain Storage Lance Soll & Lunghard Audit Services Verizon Communication Comm. Service -Reader Board Azusa Light & Water Reader Board -Electrical Wilmington Trust Trustee Admin Fees Personnel: Position Estimate City Manager $13,396 Econ & Comm director 101,575 Finance Director 19,412 Senior Accountant 55,431 Assist. City Clerk 8,974 A/P Specialist 2,436 Executive Asst 2,390 Payroll Specialist 2,363 Estimate $40,000 3,500 9,250 6,831 4,400 2,208 20,000 1,848 10,500 7,000 205,978 $ 250,000 $ 311,515 Excess (Deficit) - Administrative Allocation $ (61,515) Successor Agency of the Former Redeveolpment Agency of the City of Azusa PROPOSED ADMINISTRATIVE BUDGET January 1, 2016 to June 30, 2016 Administrative Allocation Administrative Costs Payee Best Best & Krieger Urban Futures HdL Coren & cone Iron Mountain Lance Soil & Lunghard Verizon Communication Wells Fargo Personnel: Position City Manager Econ & Comm director Finance Director Senior Accountant Assist. City Clerk A/P Specialist Sr. Admin. Technician Payroll Specialist Doscr y)uoii Estimate Agency Legal Counsel 20,000 Continuing Disclosures 9,250 Tax Increment Audit Services 3,416 Storage 1,080 Audit Services 10,000 Comm. Service -Reader Board 870 Trustee Admin Fees 4,500 Estimate 6,698 50,788 9,706 27,716 4,487 1,218 1,195 1,181 102,989 $ 125,000 $ 152,104 Excess (Deficit) - Administrative Allocation $ (27,104) Successor Agency of the Former Redeveolpment Agency of the City of Azusa PROPOSED ADMINISTRATIVE BUDGET July 1, 2015 to December 31, 2015 Administrative Allocation $ 125,000 Administrative Costs $ 146,354 Payee Description Estimate Best Best & Krieger Agency Legal Counsel $20,000 Arbitrage Compliance specialists Arbitrage calculations 3,500 HdL Coren & cone Tax Increment Audit Services 3,416 Iron Mountain Storage 1,080 Lance Soll & Lunghard Audit Services 10,000 Verizon Communication Comm. Service -Reader Board 870 Wells Fargo Trustee Admin Fees 4,500 Personnel: 102,989 Position Estimate City Manager $6,698 Econ & Comm director 50,788 Finance Director 9,706 Senior Accountant 27,716 Assist. City Clerk 4,487 A/P Specialist 1,218 Executive Asst 1,195 Payroll Specialist 1,181 Excess (Deficit) - Administrative Allocation $ (21,354) M M CD O D M LO r- O � U') C14 r- r- o O O 2 V to O U") N r- CD O M � � p NMIn��O�MM E O AOMrOL C70NNN U) CL ui 3Nt(0co(0co CN CN CNI ,O = O QO CM O co CD = r- O N O r LO LO LO L IL W �O �O o 0 0 0 0 LL 9 0 0 0 O LO0 LO In � O� U') co N N N r- N M N O LO r— 't O co 0o co O co CD Ui L6 N O O LOU') Nt 194- UL m = r- r - co O L N N D 2 D W H W n w IL J H 0 N H N U J W Z Z N W IL J Fa - O U U U Q Q Q Q Q U) MEXXX02000 MDWww¢¢¢¢Q M W Z L O c W m Lc) U N cu U G QL O c (6 D Q to O CD N � O ` a. _ N �- V WN V c6 U p U '� U c C. Q � ._ J) �0 �� c c o�?C/) Q o tam o cu�c (� �am > can< C)0wU-U)< co O L N N D 2 D W H W n w IL J H 0 N H N U J W Z Z N W IL J Fa - O Successor Agency of the Former Redeveolpment Agency of the City of Azusa PROPOSED ADMINISTRATIVE BUDGET July 1, 2019 to June 30, 2020 Administrative Allocation Administrative Costs Vendors: Best Best & Krieger Urban Futures HdL Coren & cone Dukes Landscaping Iron Mountain Badawi & Associates CPAs' Frontier Communication Azusa Light & Water Wilmington Trust Personnel. $ 250,000 Description Estimate Agency Legal Counsel $55,000 Continuing Disclosures 6,000 Tax Increment Audit Services 7,250 Weed abatement/treatment 7,000 Storage 2,500 Audit Services 10,000 Comm. Service -Reader Board 2,000 Reader Board -Electrical 9,750 Trustee Admin Fees 9,000 $110,100 Position Estimate ............_- City Manager $14,781 Econ & Comm director $91,503 Finance Director $21,123 Senior Accountant $52,871 Assist. City Clerk $11,668 A/P Specialist $2,577 Executive Asst $2,568 Payroll Specialist $1,945 199,038 309,138 Excess (Deficit) - Administrative Allocation $ (59,138)