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1988/06/28 Community Development Agency Minutes 1 • COMMUNITY DEVELOPMENT AGENCY OF THE CITY OF ROHNERT PARK MINUTES June 2R, 1932 The Members of the Agency of the Community Development Agency of the City of Rohnert Park met this date immediately after the City Council meeting at anproximatelv 9:00 p.m. in the City Offices, 6750 Commerce Boulevard, Rohnert Park, with Chairman Hopkins presiding. Call to order Chairman Hopkins called the meeting of the Community Development Agency of the City of Rohnert Park to order at approximately 9:00 p.m. Roll call Present: (4) Agency Members Cochran, Eck, Lepinski, and Chairman Hopkins — _ - -- -- _ Absent: (1) Agency Member Hollingsworth - �Y Staff present: Executive Director Callinan, City Attorney Flitner, Assistant to the Executive Director Netter, and Agency Treasurer Narrow. Approval of Minutes Upon motion of .Agency Member Cochran, seconded by Agency Member Lepinski, and unanimously approved, with Agency Member Eck abstaining, the minutes of .June 14 , 1988 were approved as submitted. Approval of Bills Upon motion of Agency Member Cochran, seconded by Agency - Member Lepinski, and unanimously approved, the bills presented per the attached list in the amount of $1 ,625,120.79 were approved. Acknowledging Executive The Executive Director/Secretary' s report on the posting of Director/Secretary' s agenda was acknowledged. renort Time for public comment Chairman Hopkins stated that in compliance with State law (the Brown Act) , anyone in the audience who wished to make a comment may do so at this time. Ordinance No. 01 AN ORDINANCE OF THE REDEVELOPMENT AGENCY OF THE CITY OF ROHNERT PARK ESTABLISHING; A LOW AND MODERATE INCOME HOUSING ACCOUNT OF THE REDEVELOPMENT FUND Executive Director Callinan explained the ordinance. Upon motion of Agency Member Cochran, seconded by Agency Member Lepinski, and unanimously approved, Ordinance No. 01 was adopted. 1987-38 Budget Executive Director Callinan stated that Agency Members were provided with copies of the 1987-18 budget (a copy of which is attached to the original set of these minutes) . Upon motion of Agency Member Lepinski, seconded by Agency Member Cochran, the budget for fiscal year 1987-88 was approved. Community Development Agency of the City of Rohnert Park -2- June 28, 1988 Proposed 1988-89 Executive Director Callinan stated that Agency Members were Budget provided with copies of the proposed 1988-89 Budget (a copy of which is attached to the original set of these minutes). Upon motion of Agency Member Leninski , seconded by Agency Member Cochran, and unanimously approved, the proposed budget for fiscal year 1988-89 was approved. Resolution No. 88-08 RESOLUTION OF THE COMMUNITY DEVELOPMENT AGENCY OF THE CITY OF ROHNERT PARK APPROVING THE FINAL FORM OF A CERTAIN SITE LEASE AND LOAN AGREE ENT, AITTHORIZING EXECUTION THEREOF, AND MAKING CERTAIN FINDINGS IN CONNECTION WITH A CERTAIN COMMITMENT BY THE AGENCY FOR THE USE OF TAX INCREMENT REVENUES TO PAY FOR THT INSTALLATION AND CONSTRUCTION OF A PUBLICLY WANED BUILDING PURSUANT TO HEALTH AND SAFETY CODE SECTION 33679 Executive Director Callinan explained the resolution. Upon motion of Agency Member Leninski, seconded by Agency Member Cochran, and unanimously approved, Resolution No. 88- OR was adopted. Resolution No. 88-09 RESOLUTION AUTHORIZING INVESTMENT OF COMMUNITY DEVELOPMENT AGENCY OF THE CITY OF ROMNERT PARK MONIES IN LOCAL AGENCY INVESTMENT FUND Executive Director Callinan explained the resolution. Upon motion of Agency Member Lepinski, seconded by Agency Member Cochran, and unanimously approved, Resolution No. 88- 09 was adopted. Communications Executive Director Callinan brought to the attention of the Agency Members the letter from Friends of the Animals in the Redwood Empire (FAIRF) dated June 13, 1988 requesting redevelopment funds for the expansion and repairs of the animal shelter. Agency Member Cochran requested that FAIRE be notified that _-•- - -- -elepe er*--- nni repaix-s- c the Si el t,r_ is n^' -. - - - • —_ included in_the redevelopment-plain,.__rATRF-'s—r'evuest wasmade improperly to the Agency hut will be considered with the City budget. The other Agency Members concurred. Agency Member Eck requested that meeting material provided to Agency Members for Community Development Agency agenda he placed separately from City Council material in the Council meeting packet envelopes or placed in a separate folder. Adjournment There being no further business, Chairman Hopkins adjourned the meeting at approximately 9:06 p.m. • h irman APPROVED: Deputy Secretary 1 COMMUNITY DEVELOPMENT AGENCY OF THE CITY OF ROHNERT PARK REDEVELOPMENT FUND 1987-88 BUDGET ANTICIPATED REVENUES Interest $75,000 Total Revenues $75,000 ANTICIPATED EXPENDITURES Current , 5110 Office Supplies 100 5130 Postage 100 5210 Sp. Dept Supplies 500 5240 Advertising/Publications 500 5260 Dues & Subscriptions 1 ,000 6110 Professional Services 50,000 6600 Travel & Meetings 500 6910 Miscellaneous 500 Allocation of expenses from city general fund 461 ,017 Total Operating Expenditures 514,217 EXCESS OF REVENUES OVER (UNDER ) EXPENDITURES (439,217 ) OTHER FINANCING SOURCES (USES ): Bond Sale Proceeds 11 ,600,000 Operating Transfers In Operating Transfers Out ( 1 , 100,000 ) Total Other Financing Sources (Uses ) 10,500,000 EXCESS OF REVENUES AND OTHER FINANCING SOURCES OVER (UNDER ) EXPENDITURES AND OTHER FINANCING USES 10,060,783 FUND BALANCE, JULY 1 , 1987 ( 83,026 ) FUND BALANCE, JUNE 30, 1988 $9,977,757 { COMMUNITY DEVELOPMENT AGENCY OF THE CITY OF ROHNERT PARK REDEVELOPMENT FUND I 1987-88 BUDGET ALLOCATION OF EXPENSES FROM CITY GENERAL FUND Estimated Y. Applied 1987-88 to CDA Budget Operations Amount General Government City Council $31 ,025 20% $6,205 City Manager 149,800 20% 29,960 Finance & Accounting 247,750 20% 49,550 Data Processing 142 ,200 20% 28,440 Stores 31 ,000 5% 1 ,550 Legal Services 35,450 15% 5,318 Planning 77,840 15% 11,676 Personnel & Purchasing 153,390 257. 38,348 City Offices Building 37,000 20% 7,400 Non-Departmental : Salaries 38,400 20% 7,680 Worker's Comp. Insurance 244,312 10% 24,431 Office Supplies 9,000 20% 1 ,800 Postage 15,000 20% 3,000 Books/Pamphlets 200 20% 40 Dues & Subscriptions 9,000 20% 1 ,800 Spec . Dept . Supplies 1 ,000 20% 200 Vehicle Gas & Oil 300 20% 60 Vehicle R & M 200 20% 40 Office Equipment R & M 5,500 20% 1 , 100 Audit Fees 19,400 10% 1 ,940 Insurance (Liab & Prop ) 135,000 10% 13,500 Miscellaneous 2,000 20% 400 Employee Benefits 1 ,293,680 10% 129,368 Sub-total General Gov ' t. $2,678,447 $363,805 Public Works Engineering 128,840 10% 12 ,884 Public Works - General 843,275 10% 84,328 Total $3,650,562 $461 ,017 COMMUNITY DEVELOPMENT AGENCY OF THE CITY OF ROHNERT PARK REDEVELOPMENT FUND 1988-89 BUDGET PROPOSED ANTICIPATED REVENUES Interest $800,000 1987-88 Tax Increment 1 ,298, 119 1988-89 Net Tax Increment 1 ,050,791 Total Revenues $3, 148, 910 ANTICIPATED EXPENDITURES Current , 5240 Advertising/Publications $500 5260 Dues & Subscriptions 1 ,000 6110 Professional Services 50,000 6600 Travel & Meetings 500 Allocation of expenses from city general fund 1988-89 531,600 Payment to city- theatre land lease 20,000 Payment to city- theatre loan interest 360,000 Payment to city- theatre loan principal 300,000 Total Operating Expenditures 1 ,263,600 EXCESS OF REVENUES OVER (UNDER ) EXPENDITURES 1 ,825,310 OTHER FINANCING SOURCES (USES ): Capital Project Expenditures (3,500,000 ) Operating Transfers In Operating Transfers Out Total Other Financing Sources (Uses ) (3,500,000 ) EXCESS OF REVENUES AND OTHER FINANCING SOURCES OVER (UNDER ) EXPENDITURES AND OTHER FINANCING USES ( 1 ,614,590 ) FUND BALANCE, JULY 1 , 1988 9, 977,757 FUND BALANCE, JUNE 30, 1989 $8,363,067 COMMUNITY DEVELOPMENT AGENCY OF THE CITY OF ROHNERT PARK REDEVELOPMENT FUND 1988-89 BUDGET ALLOCATION OF EXPENSES FROM CITY GENERAL FUND Estimated Applied 1988-89 to CDA Budget Operations Amount General Government City Council $31 ,500 20% $6,320 City Manager 215 , 900 20% 43,380 Finance & Accounting 329,200 20% 65,840 ' Data Processing 153,230 20% 30,646 Stores 44,300 5% 2,215 Legal Services 35,750 15% 5,363 Planning 83,740 15% 12,561 Administrative Services 182,090 25% 45,523 City Offices Building 47,700 20% 9,540 Non-Departmental : Salaries 35,200 20% 7,040 Worker' s Comp. Insurance 209,600 10% 20,960 Office Supplies 11 ,500 207. 2,300 Postage 20,000 20% 4,000 Books/Pamphlets 200 20% 40 Dues & Subscriptions 10,000 20% 2,000 Spec. Dept . Supplies 1 ,000 20% 200 Vehicle Gas & Oil 300 20% 60 Vehicle R & M 200 20% 40 Office Equipment R & M 5,500 20% 1, 100 Audit Fees 29,200 107. 2,920 Insurance (Licit) & Prop ) 141 ,300 10% 14, 130 Miscellaneous 2,000 20% 400 Employee Benefits 1 ,478,080 107.. 147,808 Sub-total General Gov 't . $424,385 Public Works Engineering 184,320 10% 18,432 Public Works - General 887,825 10% 88,783 Total $531 ,600