HomeMy WebLinkAboutRDA RES 295RESOLUTION NO. 295
A RESOLUTION OF THE BOARD OF THE i ALN DESERT ReDEVELOPMENT
AGENCY, PALM DESERT, CALIFORNIA, ADO =' ING A f'ROGRAM
AND FINANCIAL PLAN FOR THE FISCAL YEAR JULY 1,
1994 THROUGH JUNE 30, 1995.
WHEREAS, the Board has received and considered the
proposed Program and Financial Plan submitted by the City Manager
on June 9, 1994; and
WHEREAS, after due notice, the Board held a public
hearing on the proposed plan.
NOW, THEREFORE, BE IT RESOLVED by the Board of the Palm
Desert Redevelopment Agency, Palm Desert, California, that:
1. The amounts shown on Exhibit 1, "Estimated
Revenues", are hereby accepted as the Estimated Revenues
for the 1994-95 Fiscal Year for each fund and revenue
source.
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 approve intra-
departmental budgeted line item variations; additional
appropriations or inter -departmental budget transfers
will be specifically approved by further Redevelopment
Board action during the 1994-95 fiscal year as the need
arises.
3. The amounts shown on Exhibit 3, "Continuing
Appropriations, Existing Capital Projects", are hereby
accepted as continuing appropriations from the 1993-94
Fiscal Year. The amounts included in this exhibit
include all unexpended amounts from purchase orders and
contracts encumbered by June 30, 1994.
,ATTE S,T :
Resolution No. 295
June 23, 1994
Page 2
PASSED, APPROVED AND ADOPTED at the regular
meeting of the Palm Desert Redevelopment Agency held on
this 23 rd day of June, 1994, by the following vote, to
wit:
AYES: BENSON, CRITES, SNYDER, WILSON
NOES: NONE
ABSENT: KELLY
ABSTAIN: NONE
7/
/.(=/ 41,4„2
SHEILA R. ttLIGAN,
�7ILSON,
(//17-19Y
CITY OF PAN DESERT
ESTIMATED REVENUE
FOR FISCAL YEAR 1994-1995
RESOLUTION 295
1993-1994 1994-1995
1991-1992 1992-1993 Original Projected City Manager
ACCOUNT NUMBER ACCOUNT DESCRIPTION Actuals Actuals Budget 93-94 Actual Recomends
RDA PROJECT ARRA #1
850-0000-334.45-00 STATE PARR GRANT FUND 116,392 0 0 0 0
850-0000-341.15-00 SALE OF MAPS i PUBLICANS 120 41 0 100 0
850-0000-349.95-00 RETIE FR OTHER GOVERNMENT 0 81,321 0 0 0
850-0000-319.95-05 INDIAN WELLS-TRI-CTY PARE 0 0 240,500 0 0
850-0000-349.95-06 RANCHO MIR.-TRI-CITY PARR 0 0 483,300 0 0
850-0000-349.95-07 C.O.D. -LIBRARY REIlB3 0 0 2,200,000 47,900 30,000
850-0000-349.95-15 RIVERSIDE CO -LIBRARY REIM 0 0 3,000,000 396,000 158,000
850-0000-349.95-16 RANCHO MIR-MONTEREY BRIDG 0 0 2,000,000 0 0
850-0000-349.95-17 CVAG-MONTEREY BRIDGE 0 0 2,000,000 0 0
850-0000-361.10-00 INTEREST INCOME 112,872 7,021 60,000 100,000 60,000
850-0000-361.11-00 INTEREST - BROTHERS 0 0 140,000 0 0
850-0000-361.14-00 INT-INT CS INV WI TRUSTEE 0 189,587 0 3,000,000 600,000
850-0000-363.20-00 RENTAL OF REAL PROPERTY 2 2,000 0 2,501 2,500
850-0000-377.70-00 OONTR1BUTICNS 0 20,000 0 0 0
850-0000-379.92-00 MISC REIMBURSEMENTS 0 17,400 0 0 0
850-0000-379.95-00 PRIOR YR-REV/E%P REIN/AJ 0 68,936- 0 0 0
850-0000-391.00-00 INTERIM OP TR IN 40,899,648 0 0 0 0
RDA PROJECT AREA #1 41,159,034 218,134 10,123,800 3,516,501 850,500
RDA PROJ AREA #2
851-0000-361.10-00 INTEREST INCOME 16,380 11,952 30,000 5,000 20,000
851-0000-361.14-00 INT-INT ON INV W/ TRUSTEE 0 77,616 97,000 450,000 20,000
851-0000-391.00-00 INTERFUND OP TR IN 413,312 18,028,081 0 0 27,610,000
851-0000-393.37-00 PROCEEDS FROM ADVANCE 0 0 0 0 8,000,000
RDA PROD AREA 12 429,692 18,117,649 127,000 455,000 35,650,000
RDA PROJ ARRA #3
853-0000-361.10-00 INTEREST INCOME 0 3,598 0 2,000 3,000
853-0000-393.37-00 PROCEEDS FROM ADVANCE 120,000 0 0 0 0
RDA PROJ AREA #3 120,000 3,598 0 2,000 3,000
RDA PROJECT AREA 14
854-0000-361.10-00 INTEREST INCOME 0 493 0 1,000 1,000
854-0000-393.37-00 PROCEEDS FROM ADVANCE 0 214,000 0 0 0
RDA PROJECT AREA #4 0 214,493 0 1,000 1,000
RDA DEBT SERV PJ AREA #1
860-0000-311.10-00 SECURED TAXES 1,301,174 0 0 0 0
860-0000-311.12-00 SUPPLEMENTAL- CURRENT YR 0 0 190,464 0 0
860-0000-311.13-00 SUPPLEMENTAL -PRIOR YR 0 0 124,800 0 0
860-0000-317.10-00 TAX INCREMENTS 2,417,446 3,363,787 4,022,340 4,045,000 4,200,000
860-0000-317.11-00 TAX INCREMENTS PJ11 ANNEX 4,327,395 4,316,976 4,644,027 5,000,000 5,300,000
860-0000-361.10-00 INTEREST INCCKE 833,010 360,519 400,000 300,000 400,000
860-0000-361.11-00 INTEREST - BROTHERS 226,702 500,813 400,000 462,000 462,000
860-0000-361.11-10 INT-BROS INT BEARING AC 0 9,101 0 0 0
860-0000-363.20-00 RENTAL OF REAL PROPERTY 0 2 0 0 0
99
CITY OF PAIR DESERT
ESTIMATED REVENUE
:OR FISCAL YEAR 1994-1995
RESOLUTION 295
1993-1994 1994-1995
1991-1992 1992-1993 Original Projected City Manager
ACCOUNT HUMBER ACCOUNT DESCRIPTION Actuals Actuals Budget 93-94 Actual Recc®ends
860-0000-379.97-11 REIMB DSUSD TR 9ZTA►B PRIM 0 27,039 0 0 0
860-0000-379.97-12 ROB DSUSD TR 92TAB INT 0 140,736 0 157,000 168,000
860-0000-319.97-13 REIMB CNTY TR 92TAB PRIN 0 52,266 0 0 0
860-0000-379.97-14 REIMB CNTY TR 92TAB INT 0 931,883 0 301,000 324,000
860-0000-379.99-10 PRIOR YRS ADJUST -REVENUE 0 818,575 0 0 0
860-0000-391.07-01 TR IN L/M 92 TAB PRIN PMT 0 41,211 0 0 0
860-0000-391.07-02 TR IN L/M 92TAB INT PMT 0 214,499 0 0 0
RDA DEBT SERV PJ AREA #1 9,105,727 10,780,437 10,081,631 10,268,000 10,854,000
RDA DEBT SERV PJ AREA #2
861-0000-311.12-00 SUPPLEMENTAL- CURRENT YR 0 0 230,214 0 0
861-0000-311.13-00 SUPPLEMENTAL -PRIOR YR 0 0 79,872 0 0
861-0000-317.10-00 TAX INCREMENTS 2,285,782 2,211,564 2,144,087 2,425,000 2,600,000
861-0000-361.10-00 INTEREST INCOME 163,162 81,221 160,000 80,000 140,000
861-0000-379.95-00 PRIOR YR-RSV/EXP REIMB/AJ 0 8,400 0 0 0
861-0000-391.00-00 INTERFUND 0P TR IN 0 3,502,989 0 0 0
RDA DEBT SERV PJ AREA #2 2,448,944 5,804,174 2,614,173 2,505,000 2,710,000
PROJECT AREA 3
863-0000-317.10-00 TAX INCREMENTS 0 273,044 311,901 290,000 325,000
863-0000-361.10-00 INTEREST INCOME 0 4,784 0 10,000 15,000
PROJECT AREA 3 0 277,828 317,901 300,000 34 0, 000
RDA DEBT SERV PJ AREA #4
864-0000-317.10-00 TAX INCREMENTS
RDA BEBT SERV PJ AREA #4
0 0 0 0 442,000
0 0 0 0 442,000
RDA SR HOUSING FUND
870-0000-317.10-00 TAX INCREMENTS 3,890,424 4,155,708 4,380,594 4,364,000 4,586,000
870-0000-318.29-00 HOUSING MITIGATION FEE 0 81,975 20,000 60,000 60,000
870-0000-361.10-00 INTEREST INCOME 155,431 0 80,000 80,000 100,000
870-0000-361.14-00 INT-INT ON INV W/ TRUSTEE 0 93,857 0 10,000 10,000
870-0000-361.15-00 INT-INT FR LOAN/NOTES REC 0 0 0 55,000 144,000
870-0000-374.10-00 PROCEEDS-LOANS/NOTES REC 0 0 0 150,000 800,000
870-0000-379.49-00 ESCROW PROCEEDS/SUSP AC 0 1 0 0 0
* RDA SR HOUSING FUND 4,045,858 4,331,541 4,480,594 4,719,000 5,700,000
57,309,255 39,778,151 27,745,099 21,796,501 56,580,500
DEF'ARIMEN I IIILt
:< IWiA*1i41wli k: 4#al
Project "Area #1"
Project Area #2
Project Area #3
Project Area #4
Debt Service PJ Area #1
Debt Service PJ Area #2
Debt Service PJ Area #3
Debt Service PJ Area #4
Housing Set Aside
!total Redevelopment Agency I-unas
I APPROPRIATIONS I
FY 1994-95
Transfer In(Out)
1,126,750
73,000 36,229,000
155,000
442,000 547,000
8,416,243
(73,000) 2,001,566
100,000
(442,000) 0
5,303,500
53,8 /9,059 I
:4203117IMIG::.
• • • • • " ' • • • • •
•.•
Continuing appopriations are amounts which have been appropriated in Pf 1993-94 and are not expected
to be expended by June 30, 1994. These funds are primarily for capital budgets and specific programs that
overlap fiscal years. When authorized, continuing appropriations amount are added to the new fiscal year
budget amounts in order to track all approved spending.
The exact amount of appropriations for carryover in each fund indicated will be determined at the end
of the fiscal year during the preparation of financial statements. This amount will include appropriations for
1) Purchase Orders and Contracts encumbered totals and 2) unencumbered balances as of June 30, 1994.
AjPi A*•. • .4;
)EPTNUMB
1
!Only existing Pureness orders and contracts
jiMeAburtElt
44i Superblock 111 - Highway 111
4351 Monterey & 1-10 Inienm Controls
4354 Bus Stop Relocation/ I own Center way
4355 Extension Cook Street Storm Urain
43/0 Monterey Ave & Fred Wanng Street Repair
4613 Monterey bridge Design
4618 Southbound Monterey, North of Hwy 111
46161Sidewalk infill-bamer tree program
200,000
50,000
12,000
150,000
200,000
300,410
1 . 150.000
200,000
jiartAri4Atie..efAtataktil!?.14Cs41::;KI
43/0 Monterey Avenue & Fred Wanng Storm Drain & Street repair /31; r
4378 Toro Peak Phase I 2,038,b01-
4379 I oro Peak Phase II 82,470
4355 Cook Street Extension Storm Drain • 50,980
4384 North Sphere Sewer Project - Employee Village
I 426b Highway /4 Haystack
125,000
4269 Portola & Hovley
125,000
42/1 Country Club Unve & Oasis Club Unve 119,300
42/3 Magnesia Falls & Portola Avenue 135,000
/ 4620 Country Club & Park Center 135,000
4621 Fred Wanng & Portola Moditications I 50,000
rittEtALALii.itb,rusiu.4:szvIERI
I . 421010pbcom 65,296
ii..-044.i:AL:i.tWattefivloAtitt.M
4161 Repairs & Maintenance - City Hall Facilities 326,840 '
4190 DataProcessing 153,015 '
4356 Cook/Frank Sinatra Improvements 1,684,981
435/ Mid -Valley Parkway -Gerald Ford Ur 150,000 '
4358 El Paseo I rees 1 30,000
43/2 City Entryways & Monument Signs i 100 o-
(i.dtr414AL:14:rttliqw rte.mitti:i:Witiiii
4344 Utreei Reconstruction - Fred Wanng 4/6,..6
431 i Cook Street Medians 50,656 '
4389 1-10 Cook Interchange
75,000
4398 Golf Cart I ransportation Improvement
160. /45 '.
0
RESOLUTION 295
pOruJMIAPALit4Horrwilin 19a
4343Iast.. rack Hoed W/O Porton' Aventn_
120,000
461510rdinance 41b Protects on Artenais
250,000
rano; biteCt.acifillesill<456-1
4b/UlUace ',an(
50,000
iFaulJocacistreetmootgosistowt
1 43ts911-10 Gook Street Interchange Protect 1.27/,169:
,rUjikertUar..41:APrtit.!troaa0g- ' I
426 undergrounding tiwy 111 & Lupine (Shah)
4341 Deep Canyon & Highway 111 1,250,000
4359 Monterey [snow) 6,000,000
4362 bt Ponoia & Hwy 111 Improvement 164,400
4311 Monterey Avenue Medians from Hwy 111 i 25,000
4358 1 own Center Way Medians 35,000
4369ICooK Street improvements -1110 2,000,000
43901SupertilocK III Landscape 50,000
4662IPublic unary_ 5296,9b1
4663imunicipal Wit Course 5,000,000
4554IPhase III Civic Center Prk p 1,540,42 /
43611Parlung Spaces 6,600,000
pukkett4,14CW:410.10/14.**4101
4399-dooi & 1-101Merchange
4619 Infrastructure Improvements
4663 Goff Course
TtijikrAjutki**PutSw.may,m06:i..
4384 No. tpber. ew.r Prompt
4492 Home Improvement Program
4494 Rental Kebab Program
3,425,000
. 3,000,000
2,000,000
50,000
. 366,368
360,000:
9