HomeMy WebLinkAboutResolution No. 2020-R03RESOLUTION NO.2020-R03
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, 2020 THROUGH JUNE 30, 2021 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, 2020 through
June 30, 2021. 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, 2020 through June 30, 2021. 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 21St day of January, 2020.
Joseyfi Romero Rocha
Chairman
ATTEST
J y -a ce Cornejo,
ecretary
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) ss.
CITY OF AZUSA )
I HEREBY CERTIFY that the foregoing Resolution No. 2020-R03 was duly adopted
by the Successor Agency of the former Redevelopment Agency of the City of Azusa, at a regular
meeting thereof, held on the 21St day of January 2020.
AYES: AGENCY MEMBERS: GONZALES, MACIAS, ALVAREZ, ROCHA
NOES: AGENCY MEMBERS: NONE
ABSENT: AGENCY MEMBERS: CARRILLO
r�
J r a ce Cornej , Jr.
ecretary
APPROVED AS TO FORM:
Best st & Krieger LP
City Attorney
EXHIBIT B
PROPOSED ADMINISTRATIVE BUDGET
July 1, 2020 through June 30, 2021
Successor Agency of the Former Redeveolpment Agency of the City of Azusa
PROPOSED ADMINISTRATIVE BUDGET
July 1, 2020 to June 30, 2021
Administrative Allocation $ 260,000
Administrative Costs
Vendors:
Description
Estimate
Best Best & Krieger
Agency Legal Counsel
$30,000
Urban Futures
Continuing Disclosures
6,000
HdL Coren & cone
Tax Increment Audit Services
7,340
Dukes Landscaping
Weed abatement/treatment
11,450
Iron Mountain
Storage
2,622
American Fence Company
Fence rental
1,500
Badawi & Associates CPAs'
Audit Services
10,000
Frontier Communication
Comm. Service -Reader Board
1,931
Azusa Light & Water
Reader Board -Electrical
5,106
Wilmington Trust
Trustee Admin Fees
9,700 $87,249
Personnel:
Po i i
E_ stirnate
City Manager
$16,453
Dir. Of Econ & Comm Dev.
$97,079
Dir. Of Admin. Services
$26,617
Senior Accountant
$53,642
Chief Deputy City Clerk
$13,292
A/P Specialist
$2,665
Admin. Technician
$799
Payroll Specialist
$2,071 212,618 299,867
Excess (Deficit) - Administrative Allocation $ (49,867)