1991/08/27 Community Development Agency Minutes COMMUNITY DEVELOPMENT AGENCY
OF
THE CITY OF ROHNERT PARK MINUTES
August 27, 1991
The Members of the Community Development Agency of the
City of Rohnert Park met this date itatediately after the
City Council meeting at approximately 9:24 p.m. in the
City Offices, 6750 Commerce Boulevard, Rohnert Park, with
Chairman Eck presiding.
Call to Order Chairman Eck called the meeting of the Community
Development Agency of the City of Rohnert Park to
order at approximately 9:24 p.m.
Roll Call Present: (4) Agency Members Hollingsworth, Hopkins,
Reilly, and Chairman Eck
Absent: (1) Agency Member Spiro
Staff present for all or part of the meeting: Executive
Director/City Manager Netter, City Attorney Flitner and
Assistant to the City Manager Leivo.
Approval of Minutes Gaon motion by Agency Member Hollingsworth, seconded by
Agency Member Reilly, and unanimously approved, the
minutes of August 13th, 1991 were approved as submitted.
Approval of Bills None.
Acknowledging The Executive Director/Secretary's report on the posting
Exe.Dir./Sec.Report of the agenda was acknowledged.
Unscheduled Public Chairman Eck stated that in compliance with State Law,
Appearances (The Brown Act) , anyone in the audience who wished to make
a comment may do so at this time. No one responded.
1991-92 Budget & Executive Director Netter referenced copies provided to
:apital Project Council of resolution for consideration regarding
iorities Community Development Agency Budget for 1991-92 and
Capital Project Priorities and reviewed contents therein
(copy attached to original set of these minutes) . He
responded to Agency questions relating to proposed B Park
grant funds confirming that an amendment could be done
later to include the specifics of B Park plans and grant
funds and that the generic plans are sufficient for
tonight's budget approval .
COMMUNITY DEVELOPMENT AGENCY/CITY OF ROENERT PARK MINUTES (2) August 27, 1991
Resolution No. A RESOLUTION OF THE COMMUNITY DEVELOPMENT AGENCY OF
91-12 THE CITY OF ROHNERT PARK APPROVING A BUDGET FOR FISCAL
YEAR 1991-92
Upon motion by Agency Member Hollingsworth, seconded by
Agency Mbmber Hopkins, and unanimously approved, reading
of Resolution No. 91-12 was waived, and said resolution
was adopted by title including adoption of Capital Project
Priorities as listed.
lhscheduled Public Chairman Eck asked if anyone in the audience wished to
Appearances make an appearance at this time. No one responded.
Adjournment There being no further business, Chairman Eck adjourned
the meeting at approximately 9:30 p.m.
De S tary Chairman
RESOLUTION NO. 91— 1 ?
A RESOLUTION OF THE COMMUNITY DEVELOPMENT AGENCY
OF THE CITY OF ROHNERT PARK APPROVING A BUDGET
FOR FISCAL YEAR 1991-92
BE IT RESOLVED, by the Community Development Agency of the
:ity of Rohnert Park that certain budget submitted by the Executive
)irector, a copy of which is attached hereto and by reference made
part of this resolution, be and the same is hereby approved and
Ldopted as the budget for the Community Development Agency of the
:ity of Rohnert Park for the fiscal year 1991-92 .
DULY AND REGULARLY ADOPTED this 27th day of August, 1991.
COMMUNITY DEVELOPMENT AGENCY
OF THE CITY OF ROHNERT PARK
7.
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Chairman
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HOLLINGSWORTH LL HOPKINS AYE REILLY AYE SPIROAaSEN�OK AYE
AYES:- NOES: r( ABSENT I ABSTAIN
JMMUNITY DEVELOPMENT AGENCL
OF THE
CITY OF ROHNERT PARK
1991-92 BUDGET
Low & Mod
General Fund Housing Fund
CIPATED REVENUES
perty tax increment $2 , 028 , 000 $0
erest from investments 400, 000 150,000
erest from loan repayments 0 20,000
to grant (CHRP-O) 0 50, 000
1 Revenues $2 ,428, 000 $220, 000
CIPATED EXPENDITURES
ertising/publications $500 $0
tractual Services 0 51,000
ependant Living 0 16,400
fessional services 10, 000 0
vel & meetings 1, 000 0
sellaneous 1, 000 0
nent to City- theatre land lease 20, 000 0
nent to City- theatre loan #1 interest 288 , 000 0
nent to City- theatre loan #2 interest 33, 150 0
nent to City- theatre loan #3 interest 37, 570 0
nent to City- theatre loan #1 principal 0 0
nent to City- theatre loan #2 principal 0 0
nent to City- theatre loan #3 principal 0 0
Dcation of expenses from City general fund 618, 000 0
l Operating Expenditures 1, 009 , 220 67,400
3S OF REVENUES OVER
ER) EXPENDITURES 1, 418 , 780 152 , 600
t FINANCING SOURCES (USES) :
:al Project Expenditures (see attached) (5, 775, 000) 0
sting Transfers In (Out) (20% set-aside) (200 , 500) 200, 500
sting Transfers Out For 1991 TARB (1, 025, 600) 0
sting Transfers Out For 1991 COP 0 0
. Other Financing Sources (Uses) (7, 001, 100) 200, 500
>S OF REVENUES AND OTHER FINANCING
CES OVER (UNDER) EXPENDITURES
R FINANCING USES (5, 582 , 320) 353 , 100
BALANCE, JULY 1, 1991 2,446, 476 3 , 120, 679
BALANCE, JUNE 30, 1992 ($3 , 135, 844) $3 , 473 ,779
2CDABUD.XLS
COMMUNITY DEVELOPMENT AGENCY
OF THE
CITY OF ROHNERT PARK
REDEVELOPMENT FUND
1991-92 BUDGET
Estimated Project Expenditures:
Public Safety Building (Main) $4 , 000, 000
RP Expressway Widening (Labath the city limits) 254 , 000
Alicia Park Lights 50, 000
Public Safety West/Animal Shelter 650, 000
RP Expressway (Interim project-overpass) 300, 000
Seed Farm Drive Extension 360, 000
Commerce Blvd. Bike Path 161, 000
Total $5, 775, 000
;2PROJ.XLS
COMMUNITY DEVELOPMENT AGE_ _Y
OF THE
CITY OF ROHNERT PARK
1991-92 Budget
COMPUTATION OF GENERAL FUND
ALLOCATION TO CDA
Estimated
% Applied
1991-92 to CDA
Budget Operations Amount
General Government:
City Council $58 , 845 20% $11, 769
City Manager 333 , 675 20% 66, 735
Finance & Accounting 685, 925 20% 137 , 185
Data Processing 137 , 740 20% 27 ,548
Stores 71, 575 5% 3 , 579
Legal Services 36, 400 15% 5, 460
Planning 162 , 625 15% 24 , 394
Administrative Services 170, 945 25% 42 , 736
Internal Audit 89 , 655 10% 8, 966
City Offices Building 42 , 000 20% 8 , 400
City Offices Annex 18 , 000 20% 3 , 600
Non-Departmental:
Salaries 29,800 20% 5, 960
Worker ' s Camp. Insurance 294, 000 10% 29, 400
Office Supplies 20, 000 20% 4 , 000
Postage 35, 000 20% 7 , 000
Books/Pamphlets 100 20% 20
Dues & Subscriptions 12 , 000 20% 2 , 400
Spec. Dept. Supplies 3 , 000 20% 600
Vehicle Gas & Oil 300 20% 60
Vehicle R & M 300 20% 60
Office Equipment R & M 12 , 000 20% 2 , 400
Audit Fees 37 , 000 10% 3 , 700
Insurance (Liab & Prop) 300 , 000 10% 30, 000
Miscellaneous 2 , 000 20% 400
Non-Departmental Benefits 79, 400 10% 7 , 940
Sub-total General Gov't. $434 , 311
Public Works:
Engineering 301 , 950 10% 30, 195
Public Works - General 1, 534 , 580 10% 153 , 458
Total $617, 964 **
** Rounded amt used in 1991-92 budget= $618 , 000
:2CDA REAMS
COMMUNITY DEVELOPMENT AGENCY
OF THE
CITY OF ROHNERT PARK
Balance Sheet
June 30 , 1991
Low & Mod
General Fund Housing Fund
Assets
Cash and Investments:
Improvement project fund $6, 840,920 $0
Low & moderate income housing fund 0 2 , 474 , 370
Bond proceeds-1988 tax alloc. bonds 835, 118 0
Cash from interest earned 66, 357 0
Total Cash and Investments 7, 742 , 395 2 , 474 , 370
Accounts receivable 45, 251 2 , 033
Taxes Receivable 185, 341 0
Loans receivable 0 644, 276
Due from CDA General Fund 0 0
Total Assets $7,972 , 987 $3 , 120, 679
Liabilities and Fund Equity
Liabilities:
Accounts payable 599, 749 0
Due to general fund 469 , 980 0
Due to City Capital Projects Fund 24 , 782 0
Loan from general fund 4, 432 , 000 0
Total Liabilities 5, 526, 511 0
Fund Equity:
Undesignated fund balance (deficit) 2 , 446, 476 0
Designated for Low & Mod Housing 3 , 120, 679
Total Fund Equity 2 , 446, 476 3 , 120, 679
Total Liabilities and Fund Equity $7, 972 , 987 $3 , 120 , 679
2BALST.XLS
IMMUNITY DEVELOPMENT AGENCI
OF THE
CITY OF ROHNERT PARK
CAPITAL PROJECTS
1991-92 CASH FLOWS STATEMENT
Balances, July 1, 1991
d proceeds $835, 358
d proceeds interest 66, 357
rovement project fund 6, 840, 680
CIPATED SOURCES OF CASH
erest from investments 400, 000
1 Sources of Cash $8, 142 ,395
CIPATED USES OF CASH (to project completion)
8-18 Public Safety Building (main station) $6, 108 , 330
7-15 Roberts Lake Road 50, 000
5-25 Seed Farm Drive Extension 364, 000
3-05 Alicia Park Lights 48, 045
D-14 Public Safety Bldg/Animal Shelter 627, 173
1-?? Commerce Blvd. Bike Path 161, 000
1-?? RP Expessway Widening (near Labath) 254 , 000
L-?? RP Expressway/Overcrossing Imps. 300, 000
1 Cost To Complete Projects 7, 912 , 548
3S OF SOURCES OVER
:':R) USES OF CASH 229 , 847
Amount held by C.O.P. trustee, not
Flable until after 6/30/92 (1, 406, 650)
ipated deficit If all projects completed
r to 6/30/92 ($1, 176,803)
2CASH.XLS