HomeMy WebLinkAboutRDA RES 053RESOLUTION NO. 53
A RES4tUT10N OF THE REDEVELOPMENT ACENCY OF PALM
DESERT, CALIFORNIA, APPROVINC THE BUDGET FOR THE
FISCAL YEAR 1977-78.
WHEREAS, a Budget for the fiscal period of July 1, 1977, through
June 30, 1978, has been submitted by the Executive Director of the Redevelop-
ment Agency; and
WHEREAS, the Redevelopment Agency Members have examined said Budget
and conferred with the Executive Director and all Department Heads; and
WHEREAS, the Redevelopment Agency has, after due deliberation and
consideration, made such amendments in the Budget as they considered desirable.
NOW, THEREFORE, BE IT RESOLVED by the Palm Desert Redevelopment Agency
as follows:
Section 1. That the 1977-78 Budget Appropriation Document attached
hereto and made a part hereof is hereby approved and effective July 1, 1977.
Section 2. That the Executive Director is authorized to transfer
appropriation within the activities, provided no change is made in the total
amount provided for any one activity.
PASSED, APPROVED, and ADOP?ED on this 23rd day of June, 1977, by
the following vote; to wit,
AYES: Brush, McPherson, Newbrander, Wilson & Mullins
NOES: None
ABSENT: None
ABSTAIN: None
ATTFCT•
/
,` i
, n ; y •, 1
i RD D. M LLI S, Chairman
REVISED
BUDGET
PALM DESERT REDEVELOPMENT AGENCY
1977-?8
Salaries
Salaries & Fringe Benefits
Assistant to Executive Director Grade 75
Assistant Planner • Grade 61
Secretary Grade 49
Reimburse City
Salaries & Fringe Benefits
Sub Total
A�ministrative Expenses
_»to owances
Assistant to Executive Director @ $75/mo.
Assistant Planner @ $50/mo.
Travel & Meetings
Publications & Dues - ICMA, ASPA, MMASC, etc.
Office Supplies & Duplicating Services
Equipment - Maintenance & Repair
Postage
Telephone
Advertising & Public Relations
Special Agency Expense
Ren t
Leasehold Improvements
Contingency
Equipment - Desk, Typewriter, etc.
Sub Total
Legal Fees�
Contract Attorney
Bond Issue Expense
Bond Issue Expense
Interest Expense
To City �alm Desert
To other (bank)
Sub Total
$ 22,000
16,000
12,000
��
50,000
$100,000
$ 900
600
600
300
2,200
100
1,000
800
500
200
4,800
100
2,000
3,900
$ 18,000
$ 2,000
$168,000
$ 2,600
30,000
$ 32,600
Resolution No. 53 Exhihit A
REVISED
Real Estate Acquisition
R. E. Purc ase - San Pablo Extension
Title & Closing Costs
Other R. E. Purchase
Sub Total
Site Improvement Costs
San Pablo Extension
Frontage Road Conversion (Monterey to Cabrillo)
Intersection Channelization (Monterey to Cabrillo)
On/Offramps (Monterey to Cabrillo)
San Pablo on street parking
Highway 111 & Avenue 44 signalization
Alessandro street tree planting (San Pablo to
Cabrillo)
Contingency @ 15%
Sub Total
GRAND TOTAL
Revenue Sources
Estimated unobligated Cash Balance 7-1-77
(Includes S500,000 loan from local banks
and $236,600 borrowed from the City)
Resolution No. 53 Exhibit A
$ 60,000
1,000
100,000
$161,000
$ 40,000
30,000
47,000
78,000
4,000
15,000
8,000
222,000
33,000
$255,000
$736, 600
$ 73F , 600
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