The URL can be used to link to this page

Home My WebLink AboutResolution No. 2021-R03RESOLUTION NO.2021-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, 2021 THROUGH JUNE 30, 2022 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, 2021 through June 30, 2022. 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, 2021 through June 30, 2022. 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 19th day of January, 2021. "'� :Z L obert dionAfes Chairman ATTEST: ge rence C nej r. Secretary/City Cle 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 19t" day of January, 2021. AYES: AGENCY MEMBERS: AVILA, MACIAS, ALVAREZ, MENDEZ NOES: AGENCY MEMBERS: NONE ABSENT: AGENCY MEMBERS: GONZALES J A nce Cornej , Jr, 1 Secretary APPROVED AS TO FORM: ch-LfL-- Best Best & Krte er City Attorney EXHIBIT B PROPOSED ADMINISTRATIVE BUDGET July 1, 2021 through June 30, 2022 Successor Agency of the Former Redeveolpment Agency of the City of Azusa PROPOSED ADMINISTRATIVE BUDGET July 1, 2021 to June 30, 2022 Administrative Allocation Administrative Costs Vendors, 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 American Fence Company Fence rental Badawi & Associates CPAs' Audit Services Frontier Communication Comm. Service -Reader Board Azusa Light & Water Reader Board -Electrical Wilmington Trust Trustee Admin Fees Personnel Position Annual Cost Admin % City Manager $330,333 5.00% Deputy City Manager 246,376 10.00% Dir. Of Econ & Comm Dev. 243,618 15.00% Dir. Of Admin. Services 267,186 10.00% Senior Accountant 137,729 20.00% Chief Deputy City Clerk 170,341 5.00% Senior A/P Specialist 113,892 10.00% Finance Manager 138,105 20.00% Budget Adminisrator 130,960 10.00% Purchasing Agent 120,629 10.00% Junior Accountant 82,315 5.00% Senior Payroll Specialist 88,029 5.00% Estimate $7,500 1,600 8,000 8,500 1,750 3,300 2,500 7,500 2,100 4,800 7,500 $55,050 Estimate $16,517 24,638 36,543 26,719 27,546 8,517 11,389 27,621 13,096 12,063 4,116 4,401 213,165 $ 250,000 268,215 Excess (Deficit) - Administrative Allocation $ (18,215)