HomeMy WebLinkAboutSA RESO 2012-16RESOLUTION NO. 2012 — 16
RESOLUTION OF THE BOARD OF THE SUCCESSOR AGENCY
TO THE COMMUNITY DEVELOPMENT COMMISSION
AS THE NATIONAL CITY REDEVELOPMENT AGENCY
ADOPTING A BUDGET FOR THE 2012-2013 FISCAL YEAR
WHEREAS, on June 19, 2012, the Executive Director, submitted to the Board of
the Successor Agency a Recommended Budget for the 2012-2013 fiscal year, and said budget
has been discussed and deliberated in public session.
NOW, THEREFORE, BE IT RESOLVED by the Board of the Successor Agency
to the Community Development Commission as the National City Redevelopment Agency that
the budget for the fiscal year beginning July 1, 2012, with Successor Agency expenditures
totaling $26,167,059 is hereby approved, adopted, and appropriated.
BE IT FURTHER RESOLVED that the fund appropriations set forth in the Total
Expenditures column of Attachment "1" shall be the maximum expenditures authorized for those
funds. The Executive Director is hereby authorized to make budgetary revisions within and
between budget line items within a fund.
BE IT FURTHER RESOLVED that the Executive Director is hereby authorized to
transfer monies up to the maximum set forth in the Transfers column in Attachment "1".
PASSED and ADOPTED this 19th day of June 1
on Morrison, Chairman
ATTEST:
-111
4o�AA -
Micl4ael R. Dalla, City Clerk as
Secretary to the Successor Agency
AS TO FORM:
nsel
SUCCESSOR AGENCY TO THE COMMUNITY DEVELOPMENT
COMMISSION AS THE NATIONAL CITY REDEVELOPMENT AGENCY
EXPENDITURE SUMMARY, BY OBJECT - ALL FUNDS
FISCAL YEAR 2012. 13
Fund Description
711 REDEVELOPMENT OBLIGATIONS RETIREMENT
714 CAPITAL PROJECTS FUND - NON HOUSING
715 CAPITAL PROJECTS FUND - HOUSING
Total Funds
Personnel
Maintenance
Capital
Services
& Operation
Improvement
0
12,148,396
0
0
0
9,018,663
0
0
5,000,000
0
12,148, 396
14, 018, 663
0.00%
46.43%
53.57%
Total Transfer Total
ienditures
Out
Budget
12,148,396
5,000,000
17,148,396
9,018,663
9,018,663
5,000,000
5,000,000
26,167,059
5,000,000
31,167,059
100.00%
1
ATTACHMENT 1
SUCCESSOR AGENCY TO THE COMMUNITY DEVELOPMENT COMMISSION
AS THE NATIONAL CITY REDEVELOPMENT AGENCY
ESTIMATED FINANCING SOURCES SUMMARY BY FUND AND SOURCE
FISCAL YEAR 2012-2013
2012
Account 2012 Adjstd Projected 2013
Number Account Title 2011 Actuals Budget Actuals Estimates
711- 00000 REDEV OBLIGATIONS RETIREMENT FUND
3309
RENTAL PROPERTY INCOME
0
0
0
40,000
3011
RPTTF DISTRIBUTION
0
0
0
12,108,396
2501
EST. FUND BALANCE AVAILABLE- 522 LOW MOD
0
0
0
5,000,000
FUND TOTAL
0
0
0
17,148,396
714- 00000
CAPITAL PROJECTS - NON HOUSING
2501
EST. FUND BALANCE AVAILABLE- 524 2011 TAB
0
0
0
9,018,663
FUND TOTAL
0
0
0
9,018,663
715- 00000
CAPITAL PROJECTS - HOUSING
3999
TRANSFER FROM OTHER FUNDS
0
0
0
5,000,000
FUND TOTAL
0
0
0
5,000,000
GRAND TOTAL
0
0
0
31,167,059
2
Passed and adopted by the Successor Agency to the Community Development
Commission as the Redevelopment Agency of the City of National City, California, on
June 19, 2012 by the following vote, to -wit:
Ayes: Boardmembers Morrison, Natividad, Rios, Sotelo-Solis, Zarate.
Nays: None.
Absent: None.
Abstain: None.
AUTHENTICATED BY: RON MORRISON
Chairman of the Successor Agency to the
Community Development Commission
as the Redevelopment Agency of the
City of National City, California
By:
A
City Clerk Servi as Secretary
to the Successor Agency
Deputy
I HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of
RESOLUTION NO. 2012-16 of the Successor Agency to the Community Development
Commission as the Redevelopment Agency of the City of National City, California,
passed and adopted on June 19, 2012.
LIM
City Clerk Serving as Secretary
to the Successor Agency
Deputy