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HomeMy WebLinkAboutRES 2022-059RESOLUTION NO. 2022-59 ' A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM DESERT, CALIFORNIA, ADOPTING THE FINANCIAL PLAN FOR THE FISCAL YEAR JULY 1, 2022 THROUGH JUNE 30, 2023 AND CAPITAL IMPROVEMENT PROGRAM FOR FISCAL YEARS 2022/2023 THROUGH 2O25/2026 WHEREAS, the City Council has received and considered the proposed Financial Plan and Capital Improvement Program submitted by the City Manager on June 23, 2022; and WHEREAS, following notice duly given, the City Council held a public hearing on the proposed Financial Plan. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PALM DESERT, CALIFORNIA, DOES HEREBY RESOLVE AS FOLLOWS: Section 1. The amounts shown on Exhibit 1, "Estimated Revenues', are hereby accepted as the Estimated Revenues for FY 2022/2023 for each fund and revenue source. Section 2. The amounts shown on Exhibit 2, "Appropriations', are hereby appropriated to the departments and activities indicated. The City Manager, or his duly appointed representative, will have the authority to adjust intra- and inter -departmental budgeted line items, as well as inter -fund transfers to facilitate approved projects, provided such adjustments do not exceed the total approved budget, including any additional approved appropriations. If the need arises during the fiscal year, requests for additional appropriations will require approval by the City Council. ' Section 3. The amounts shown on Exhibit 3, "Carryovers", are hereby accepted as continuing appropriations to F Y 2022/2023. The amounts included in this exhibit include all unexpended amounts including purchase orders and contracts encumbered on or before June 30, 2022, Section 4. The City Manager and his designee are hereby authorized, jointly and severally, to utilize General Fund reserves, to the extent needed, to cover any revenue shortfall between revenues and appropriations and to do all things which they deem necessary and proper in order to effectuate the purposes of this Resolution and the transactions contemplated hereby; and any such actions previously taken by such officers are hereby ratified, confirmed and approved. Section 5. That the City Clerk shall certify to the passage and adoption of this resolution and enter it into the book of original resolutions. PASSED, APPROVED AND ADOPTED at the regular meeting of the Palm Desert City Council held on this 23rd day of June, 2022, by the following vote, to wit: AYES: JONATHAN, KELLY, NESTANDE, QUINTANILLA, and HARNIK NOES: NONE ABSENT: NONE ABSTAIN: NONE JAN C. HARNIK, MAYOR f A�EST: NTHON CITY CLERK ITY OF PALM DESERT. CALIFORNIA RESOLUTION NO. 2022-59 [This page has intentionally been left blank.] RESOLUTION NO. 2022.59 CITY OF PALM DESERT Fiscal Year 2022-2023 Estimated Revenues EXHIBIT t Adjusted Actual Budget Projected Budget CATEGORY / FUND FY 20.21 FY 21-22 FY 21-22 FY 22-23 General Fund (110): 1. Sales tax 21.156.220 23,029.000 23,029.000 25.673.460 2. Transient occupancy tax includes Short Term Rentals 10,760,455 14,037,678 17,643,092 17,815.000 3. Property tax Secured s Unsecured s SARDA Tax Increment 7.675.326 7,598.723 7,976,557 8.004.029 4. Franchises(Cable/Gas/ElactricMaste) 3,066.989 3.00,000 3.100.000 3,150.000 5. Timeshare mitigation fee 1,501,625 1,467,905 1,565,136 1,584.000 6. Business license tax 962.940 1,038,273 1,074,669 1.200,000 7. Transfers in (AIPP, Traffic Safety. Parkviaw. Hotion, cannabis) 3,515,966 2,932,500 3.429.500 3,604.700 8. Permits/Fess 3.109.133 3,220,900 3,773,600 2,871,892 9. State payments (VLF, Parking Bail, MV lieu) 4,591,020 4,646,960 4,685,219 4,834,000 10. Interests Rental 351,653 634,000 730,000 805,000 11. Reimbursements/Other revenues 7,796,433 1.650,165 1,545,750 1,638,500 Totals General Fund 64,487,760 63.256.104 68,542.523 71,180,581 Fire Tax Fund (230): 1. Structural Fire Tax 2. Prep. A. Fire Tax 3. Reimbursements (Indian Wells 3 Rancho Pass, share of ladder Track. EMS chances 4 Others) 4. Interest Income 5. Transfers In fin General Fund 6. Fire Reserves Totals Fire Tax Fund 7,889.982 6,519.410 6.873,156 7,000,000 2,140.682 2.400.000 2,165.000 2,200.000 3,698.026 3,410.000 3.450,000 3,500,000 35,596 15,000 20.000 20,000 3,800,000 4,000.000 4,000.000 4.600,000 39,090 376,275 17, 564, 286 16.383, 500 16, 508.156 17,696, 275 TOTAL REVENUE- FIRE AND GENERAL FUND 82,052,046 79,639,604 85,050,679 88,876,856 ' Includes gross TOT received from operators. TOT rebates are reported as expenditures. Estimated Revenues Page 1 RESOLUTION NO, 2022-59 CITY OF PALM DESERT Fiscal Year 2022-2023 Estimated Revenues EXHIBIT 1 Adjusted Actual Budget Projected Budget CATEGORY I FUND FY 20-21 FY 21.22 FY 21-22 FY 22.23 Gas Tax Fund (2111, 1. Gas Tax 8 Reimbumments 3,064,894 2,392,339 2,529,228 2,802.451 2. Interest 22,164 20.000 24,000 13,000 Total Gas Tax Fund 3,087,058 2,412,339 2.553,228 2,815,451 Traffic Safety Fund (210): 1. Vehicle Fines 2,099 2,600 4,700 4,700 2. Interest Total Traffic Safety Fund 2,099 2,500 4,700 4,700 Measure A Fund (213): 1. Sales Tax 3.505,628 2,415,000 3,192,148 3,199,000 2. Reimbursements/Intergovernmental 2,924,394 500,000 2.975,792 1.663,000 3. Interest 47,100 100,000 110,774 100,000 Total Measure A Fund fi 477,122 3.015.000 6.278,714 4.962,000 Housing Mitigation Fund (214): 1. Development Fee 85,098 68,600 23,000 64.000 2. Other Revenue (Loan /Note Receivable) - - 30.000 - 2.Interest 8,224 15,000 8,000 8.000 Total Housing Mitigation Fund: 93,322 83,600 61,000 72,000 CDBG Block Grant Fund 1220): 1. CDBG Block Grant 738,033 418,663 418,663 410.663 2. Reimbursements(Program Income) 10,997 - - ' - 3. Interest 249 100 100 100 Total CDBG Fund 749,279 418.763 418.763 418.763 Child Care Program 12281 1. Child Care Fee 66.213 56,800 31,000 90.000 2. Interest 3,742 9.000 4.000 4,000 Total Child Care Fund 69,955 65,800 35,000 94,000 Public Safety Grant Fund (229): 1. Federal Grants - - - - 2. State Grants 134.814 200,000 150,000 200,000 3. Interest/Other Reimbursements 1,451 500 500 500 Total Public Safety Grant Fund 136,265 200,500 150,500 200,500 Estimated Revenues Page 2 RESOLUTION NO. 2022-59 I� CITY OF PALM DESERT Fiscal Year 2022-2023 Estimated Revenues EXHIBIT 1 Adjusted Actual Budget Projected Budget CATEGORY I FUND FY 20-21 FY 21-22 FY 21.22 FY 22-23 New Construction Tax Fund (231): 1. Development Fee 121,564 307,400 230,000 414.200 2. Interest/Other Reimbursement 5, 146,568 2095,000 1,643,265 3.732:907 Total New Construction Fund 5,268,132 2,402.400 1.873.265 4,147.107 Drainage Facility Fund (2321, 1. Development Fee 61,455 60,000 60,000 70,000 2. Reimbursements - - - - 3.Interest 1,683 3,000 2,500 2,500 Total Drainage Facility Fund 63,136 63,000 62,500 72,500 Park & Recreation Fund (233): 1. Reimbursements/Fee 10,443 25.000 150,000 175,000 2. Interest / Other Reimbursement 3,424 3.000 3,000 3,000 Total Park & Recreation Fund 13,867 28,000 153,000 178,000 Sianalization Fund (234): 1. Development Fee 18,467 25,000 20,000 20,000 2. Reimbursements - Federal Grant - - - - 3.Interest 972 500 500 500 Total Sianalization Fund 19439 25,500 20,500 20,500 Fire Facilities Fund (235): 1. Development Fee 45.624 39.400 80,000 116,100 ' 2. Interest 2,977 7,000 4,000 7.000 Total Fire Facilities Fund 48.601 46400 84,000 123.100 Waste Recycling Fund (236). 1, Reimbursements 442.264 275.000 413.428 480.000 2.. Interest/Transer In 6,339 7,000 7,000 15,000 Total Waste Recycling Fund 448,603 282,000 420,428 495,000 Enerav Independence Program (237): 1. Special Assessments 167,154 350,000 325,000 300,000 2. Reimbursements - - - - 3.Interest 20,872 7,000 5000 5,000 Total Energy Independence Program Fund 188,026 357.000 330,000 305,000 Estimated Revenues Page 3 RESOLUTION NO. 2022-59 CITY OF PALM DESERT Fiscal Year 2022-2023 Estimated Revenues EXHIBIT 1 Adjusted Actual Budget Projected Budget CATEGORY I FUND FY 20.21 FY 21-22 FY 21.22 FY 22-23 Air Quality Management Fund (238): 1. Air Quality Fee 69,188 73,400 70,000 73,400 2. Interest/Other Reimbursement 54 50 50 50 Total Air Quality Fund 69,242 73,450 70,050 73,450 Cannabis Compliance Fund (243): 1. Cannabis Compliance Permit Fee 2. Cannabis Taxes 3.Interest Total Cannabis Compliance Fund Art in Public Places Fund (436): 1. Development Fee 2. Interest / Other Reimbursement Total AIPP Fund Golf Course MaintImprov Fund (441), 1. Time Share Mitigation 8 Amenity Fees 2. Interest / Other Reimbursement Total Golf Course Maim. Fund Aquatic Center Fund 1242): 1. Aquatic Fees 2. Transfer In (General Fund) 3. Interest Total Aquatic Center Compensation Benefits Fund (577): 1. Contribution 2. Interest 3. Inlerfund Transfer In Total Compensation Benefits Fund Retiree Health Fund (576): 1. Reimbursement 2. Interest 3. Intedund Transfer In Total Retiree Health Fund 3,680,073 2,804,800 3,100,000 3,190,000 3,680,073 2,804.800 3,100.000 3, 190,000 239,079 103,700 260,000 328,275 2,444 5,000 500 165, 190 241,523 108,700 260,500 493,465 2,392,621 2.472.369 2.488,331 2.587,865 30,911 30,000 30,000 30,000 2,423,532 2,502,369 2,518,331 2,617,865 313,983 875,000 590,953 811,786 1.026,000 1,400,500 1.405,000 1,805,294 11,502 3,000 3.000 3,000 1,351,485 2.278,500 1,998,953 2,820,080 4, 157 10.000 10,000 10,000 325.462 200,000 200,000 280,000 329,619 210,000 210,000 290,000 - - - 744,824 3,268 10.000 10,000 10,000 936,802 969.935 969,935 26,529 940,070 979.935 979,935 781,353 Estimated Revenues Page 4 RESOLUTION NO. 2022-59 CITY OF PALM DESERT Fiscal Year 2022-2023 Estimated Revenues EXHIBIT 1 Adjusted Actual Budget Projected Budget CATEGORY / FUND FY 20-21 FY 21.22 FY 21.22 FY 22-23 El Paseo Merchant Fund (271): 1. El Paseo Memhant Fee(Susmess License) & Interest 216,752 250,000 245,000 250,000 Total El Paseo Fund 216,752 250,000 245,000 250,000 Capital Improvement Fund (400): 1. Stale, Federal, CVAG Reimb.,Other Rev. 2. Interest 3. Intedund Transfer In Total Capital Improvement Fund CP Parks Fund (430): 1. Reimbursements 2. Interest Total Parks Fund CP Drainage Fund (420): 1. Interesu Reimbursements/Transfer In Total Drainage Fund CP Sianal Fund (440): 1. Reimbursements 2.Interesl Total Signal Fund CP Library Fund (452): 1. General Fund Transfers In (County using former RDA pass through monies) Total Library Fund Building Maintenance Fund (450): 1. General Fund Transfer in 2. Interest Total Building Maintenance Fund Economic Development Fund (425): 1. Interest, Rent, Transfers & Reimbursmenls Total Economic Development Fund Capital Bond Fund (451), 1. Interest, Rent & Reimbursments Total Capital Bond Fund 302,404 10,000 32,000 10,000 400,000 400,000 702,404 10,000 32,000 410,000 268 100 100 100 268 100 100 100 4,394 5,000 47,000 20,000 4,394 5,000 47,000 20,000 239 100 300 300 239 100 300 300 1,469 5,888 20,000 5.000 5,000 5,888 20,000 5,000 5,000 1,177,100 928,968 939,182 109,543 1,177,100 928,968 939,182 109.543 20,500 20,000 14,427,000 40,000 20,600 20,000 14,427,000 40,000 Estimated Revenues Page 5 RESOLUTION NO. 2022-59 CITY OF PALM DESERT Fiscal Year 2022-2023 Estimated Revenues EXHIBIT 1 Adjusted Actual Budget Projected Budget CATEGORY / FUND FY 20.21 FY 21-22 FY 21.22 FY 22-23 Debt Service Funds (Various 300's) 1. Tmnsferin/Taxes/Interest Total Debt Service Funds Parkview Office Complex Fund (510 1. Rent/Leases of Buildings 2. Other Revenues 3. Interest Total Parkview Office Fund Equipment Replacement Funds (530 1. General & Fire Fund Transfer In 2. Interest 3. Reimbursements/Other Revenues Total Equip. Replacement Fund Landscape & Liahtina Districts 1272-299 1. Transfer In 2. Taxes 3. Interest Total Landscape & Lighting Business Improvement Districts (272-299): 1. Taxes 2. InteresttTransfers Total Business Improvement Desert Willow Golf Fund (520-521): 1. Golf Course 2 Resturant Revenue 3. Interest Total Desert Willow Fund Housing Fund (870): 1. Transfers In & Interest Total Housing Fund TOTAL ALL CITY FUNDS (Excl. Housing Authority & Housing Asset Funds) TOTAL ALL FUNDS EXCEPT HOUSING AUTHORITY 4,929,261 4.095,623 3,324,048 4,929,261 4,095,623 3,324,048 1,291,020 1,226,000 1,242,477 1,250,000 18,823 57,000 55,000 48,000 1,309,843 1,283.000 1,297,477 1,298.000 718.948 600,000 780.000 860,000 16,750 20,000 20,000 20,000 869,168 1,604,866 620.000 800,000 880,000 131,343 110.000 126,088 135,000 314,410 328.197 355,134 328,377 8,296 6,000 454,049 438,197 487,222 463,377 576,554 567,278 646,011 707,407 _ 20238 7,000 15,000 10,000 596,792 574,278 661,011 717,407 9,506,088 8,822,261 10,532,914 10,438,651 2,181,902 2,977,239 3,430,699 3,433,920 1,460 1,634 26,417 26,417 11,689,450 11,801,134 13,990,030 13,898,988 243,032 284,100 284,100 446,400 243,032 284,100 284.100 446,400 130.708,803 118,330,660 139, 849,468 134,714,853 118,330,660 134,714.853 Estimated Revenues Page 6 1GF RESOLUTION NO. 2022-59 City of Palm Desert General Fund Summary by Department Fiscal Year 2022/2023 Exhibit 2 Department Department Description Propposed 1104110 City Council 291,198 1 1041 11 Community Affairs/City Clerk 886,160 1104112 Legislative Advocacy 39,655 1104114 Elections 326,500 1104120 City Attorney 304,337 1104121 Legal Special Services 309,986 1104130 City Manager 1,184,119 1104150 Finance 2,114,050 1104151 Independent Audit 90,000 1104154 Human Resources 798,160 1104159 General Services 7,244,134 1104190 Information Systems 2,319,961 1104191 Unemployment Insurance 10,000 1104192 1 nsurance 1,124,000 1104199 Interfund Transfers 8,106,823 1104210 Police Services 20,976,865 1104211 Community Safety 435,000 1104230 Animal Regulation 336,977 1104250 PW-St Lighting/Traffic Safety 1,181,900 ' 1104300 PW-Administration 3,056,050 1104310 PW-Street & Maintenance 2,083,750 1104311-15 Infrastructure Maintenance 765,000 1104330 Curb & Gutter-ADA Retrofit 163,000 1104331 PW-Auto Fleet/Equipment Maint 299,000 1104340 DS-Public Bldg-Opr/Maint 899,500 1104344 DS-Portola Community Center 192,000 1104396 NPDES-Storm Water Permit 65,000 1104416 Community Promotions 377,500 1104417 Marketing 1,818,030 1104419 Visitors Services 12,930 1104420 Building & Safety 1,483,239 1104421 Permit Center 551,200 1104422 Code Enforcement 1,084,700 1104430 Economic Development 993,200 1104470 Development Services 1,929,500 1104610 Civic Center Park 2,948,200 1104614 Landscaping Services 2,729,305 1104618 City Wide Park Improvements 145,000 1104674 Civic Center Park Improvements 60,000 t1104800 Contributions 1,440,500 RESOLUTION NO. 2022-59 [This page has intentionally been left blank.] �1 J RESOLUTION NO. 2022-59 CITY OF PALM DESERT Appropriations EXHIBIT 2 Fiscal Year 2022-2023 FUND FY 2022-2023 NUMBER FUND NAME Appropriations Special and Capital Projects Funds 210 Traffic Safety 4,700 211 Gas Tax 4,700,000 213 Measure A 8,178,000 214 Housing Mitigation Fee 404,500 220 Community Development Block Grant 418,663 228 Child Care Program - 229 Public Safety Police Grant 200,000 230 Prop. A Fire Tax 17,696,275 231 New Construction Tax 1,500,000 232 Drainage 239,262 233 Park and Recreation - 234 Traffic Signal 235 Fire Facilities - 236 Waste Recycling 633,000 237 Energy Independence Program 228,480 238 Air Quality Management 63,100 242 Aquatic Center 2,620,080 243 Cannabis Compliance Fund 3,180,000 400 Capital Improvement Fund 823,800 420 CIP - Drainage 1,105,000 425 Economic Development 474,442 430 CIP - Park and Recreation - 436 Art in Public Places 909,910 440 CIP - Traffic Signal - 441 Golf Course Capital Management 891,500 450 Building Maintenance 935,000 451 Property Management/Capital Bonds 100,000 452 Library Administration - 870 Housing Set Aside Fund 446,400 45,752,112 RESOLUTION NO. 2022-59 CITY OF PALM DESERT Appropriations EXHIBIT 2 , Fiscal Year 2022-2023 FUND FY 2022-2023 NUMBER FUND NAME Appropriations Debt Services Funds 301 Assessment Dist 83-1 - 303 Assessment Dist 84-1 - 304 Assessment Dist 87-1 - 307 Assessment Dist 91-4 Bighorn - 308 Assessment Dist 94-2 SunterraceNarner - 309 Assessment Dist 94-3 Merano - 311 Assessment Dist 98-1 Canyons of Bighorn - 312 Assessment Dist 01-1 Silver Spur 168,469 314 Assessment Dist Highlands 120,995 315 Assessment Dist Section 29 1,362,450 351 Assessment Dist 91-1 Indian Ridge - 353-354 Assessment Dist CFD University Park 2005 & 2021 1,360,675 391 Palm Desert Finance Authority 154,669 3,167, 258 Special Assessment Funds ' 271 El Paseo Merchants 250,000 272-299 Landscape & Lighting Zones 578,053 277, 282, 289 Business Improvement District 1,213,427 2,041,480 Enterprise and Internal Service Funds 510 Parkview Office Complex 1,511,000 520 Desert Willow Golf Course 10,244,005 521 PD Recreational Facilities Corporation 3,794,197 530 Equipment Replacement 1,894,000 576 Retiree Health 781,353 577 Compensation Benefits 290,000 18,514,555 Total Funds Excluding General & Housing 69,475,405 General Fund Total 71,176,429 Housing Funds Total 10,829,604 Total General & Housing Funds 82,006,033 ' Total Expenditures 151,481,438 RESOLUTION NO. 2022-59 CITY OF PALM DESMT CAPITAL IMPROVEMENT PROGRAM SUMMARYTOTAL FY 2022-23 FUND CARRYOVER FD YFJ1R 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 FUND TOTAL tto General - Ile 1,100,000 584,000 556,000 812,000 849,000 3.701.000 211 Gas Tax 211 4,100,000 2,205,000 2,355,000 2,210.000 ;215,000 13,685,000 213 Mae...A tO0,000 210 8,17$,000 9,774,925 9,030000 6,566.000 S,OO M 38,637,925 214 Housing Mitigation - 214 404,500 404,500 409,135 409,135 09,135 2,036.405 22b CDBG - 2m 312,000 - - - - 312,000 Ina Childcare Program 1,584000 2m _ - - - - 1,584,000 21, Police Grants - 2m 33,000 34,000 35,000 36,000 - 138,000 32n Fire Fund 1,116,000 23a 530,000 293,000 125,000 179,000 - 2.243,000 ml New Construction Tax 2,249,907 231 1,soo,ODO - - - - 3,749.07 m2 Drainage - 232 239,M2 - - - - 239,262 2s2 park 1,250,000 2v _ _ _ 1,250,000 2ts Traffic Signal 225,01H) 214- 235,075 - - 75,000 535,075 2w Fire Facilities 1,223,471 2w _ - 1.223,471 zw Recycling Fund - 235 - - - - - - 23e Air Quality - 2. _ - - - 242 Aquatic Fund 232,101 242 P1,000 39e,000 475,000 135,000 150,000 1.653,101 2a3 Cannabis Compliance - 2u- ma Bad No.1 - 2M 700,000 - - - - 7m,m sot 83-1 Fund - 301 - - - - - - w3 84-1 Fund - 3N - - 531,811 - - 531,811 3u 871 Fund - so, - - 188,669 - - 188,669 wa 92-1 Fund - - - 121.231 - - 121,231 wT 94-1 Fund - wT - - 324,833 - - 324,833 sos 94-2 Fund - 3M - - 101,451 - - 101,457 all 91.1 Fund - - 1,167,468 - - - 1,167,468 am Capital Improvement Fund 1D0,000 400 823,800 250,000 100,000 1W.000 - 1.4e3.8DO 420 CIP- Drainage 1,012,926 4m 1,105,000 - - - 2,117,926 an Economic Development T00,000 am 449,442 462,924 44S812 104,116 104,780 2,267,074 as4 CIP - Park - 4s) - - - - ass AIPP 250,000 4w 413,390 Iw,000 50,000 50,000 - 863.390 au CIP - Traffic Signal - ub - - - - - Nt GeNCaphal 75,000 ut 891,500 2,514,715 637,934 624,246 595,813 5,339,178 a50 Building Maim 1,833,193 45a 935,000 _ - 2]68.193 aw University AD - an - - - - - ass Section 29 AD - 4sa - - - - - aslCapBalBondFund 22,282,255 01 10D,o00 100,000 - - - 22,482,255 sio OC Enterprise 1,497,600 il- 2go00 - - - 1.517.600 sm Desert willow - Sm 400,927 602,550 607,950 542,883 70,550 2,224,860 sw Equipment Replacement 244,000 63b 1,o34,000 430,000 - 235,000 - 1,943,000 .is Trust Fund - eit 151'"0 150,000 - - - 301,20D am 81-1 Fund - R" _ _ 871 Housing Authanty - .1 2,393,392 - - - - 2.393,392 873 Housing Asset Fund - en Bond Fund Deposit 359T5 3 26685413 19698157 16094802 12022280 9268278 119745M3 Unfunded S.71D,D00 5,300,000 21,928,000 1,35010(10 _ _508000o 750000 Yit 000 NOTE: APPItOPRIATbXS ANOOR ENCUMBRANCES FOR REBOWET!CARRYOVER FROM FISCAL YEAR 2021@ TO 2022423 Cw'Nnu,gep,,reenci ee aninsus nnrM have cent In F 2021-22 and ve rM e[pMM le Le aipenMO by June.. 2022 Thou Nnee ma paman, rorup'la' buGreti mN apwhc prryrami IhYovMap beca�ywi. 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