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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 ��