RES-OB-0068 Proposed Administrative Budget ApprovalRESOLUTION NO. OB -0068
A RESOLUTION OF THE OVERSIGHT BOARD OF
THE SUCCESSOR AGENCY TO THE ORANGE
REDEVELOPMENT AGENCY APPROVING
PROPOSED ADMINISTRATIVE BUDGETS FOR
THE SIX -MONTH FISCAL PERIODS FROM
JULY 1, 2016 THROUGH DECEMBER 31, 2016, AND
FROM JANUARY 1, 2017 THROUGH JUNE 30, 2017,
AND TAKING CERTAIN RELATED ACTIONS.
WHEREAS, pursuant to Health and Safety Code Section 341770), the Successor Agency
to the Orange Redevelopment Agency (the "Successor Agency ") must prepare a proposed
administrative budget for each six -month fiscal period (commencing each January 1 and July 1)
and submit each proposed administrative budget to the Oversight Board of the Successor Agency
the "Oversight Board ") for approval; and
WHEREAS, the Successor Agency's proposed administrative budgets for the six -month
fiscal periods from July 1, 2016 through December 31, 2016 ( "Administrative Budget 16 -17A ")
and from January 1, 2017 through June 30, 2017 ( "Administrative Budget 16 -17B," together with
Administrative Budget 16 -17A, the "Administrative Budgets ") have been presented to this
Oversight Board for approval;
NOW, THEREFORE, the Oversight Board of the Successor Agency to the Orange
Redevelopment Agency does hereby find, determine, resolve, and order as follows:
Section 1. The above recitals are true and correct and are a substantive part of this
Resolution.
Section 2. The Oversight Board hereby approves Administrative Budget 16 -17A and
16 -17B substantially in the form attached hereto as Exhibit A .
Section 3. The Staff of the Successor Agency are hereby authorized and directed,
jointly and severally, to do any and all things which they may deem necessary or advisable to
effectuate this Resolution and the Administrative Budgets, including making any adjustment to
the proposed Administrative Budgets to make them consistent with the Successor Agency's
Recognized Obligation Payment Schedule for fiscal year 2016 -17 (as such Recognized Obligation
Payment Schedule is approved by the State Department of Finance).
Section 4. If any provision of this Resolution or the application thereof to any person
or circumstance is held invalid, such invalidity shall not affect other provisions or applications of
this Resolution which can be given effect without the invalid provision or application, and to this
end, the provisions of this Resolution are severable. The Oversight Board hereby declares that it
would have adopted this Resolution regardless that one or more portion may be determined to be
invalid.
ADOPTED this 27th day of January, 2016.
Teresa E. Smith
Chairperson of the Oversight Board to the Successor
Agency of the Orange Redevelopment Agency
ATTEST:
6'11c r
i
Mary E. M by
Clerk of the Oversight Board
I, MARY E. MURPHY, Clerk of the Oversight Board, City of Orange, California, do
hereby certify that the foregoing Resolution was duly and regularly adopted by Oversight Board
of the Successor Agency to the Orange Redevelopment Agency at a regular meeting thereof held
on the 27 day January, 2016, by the following vote:
AYES:BOARD MEMBERS:
NOES:BOARD MEMBERS:
ABSENT:BOARD MEMBERS:
ABSTAIN:BOARD MEMBERS:
AT
Mary E. rphy
Clerk of the Oversight Board
Reso. No. OB -0068
EXHIBIT A
SUCCESSOR AGENCY TO THE ORANGE REDEVELOPMENT AGENCY
ADMINISTRATIVE BUDGET 16 -17A
July 1, 2016 — December 31, 2016)
AND
ADMINISTRATIVE BUDGET 16 -17B
January 1, 2017 — June 30, 2017)
Reso. No. OB -0068
SUCCESSOR AGENCY ADMINISTRATIVE BUDGET FY 16 -17
ROPS 16 -17
ADMINISTRATIVE BUDGET FUNDED BY REDEVELOPMENT PROPERTY TAX TRUST FUND ( RPTTF)
Name of Vendor /Type of Expense Annual ROPS 16 -17A ROPS 16 -17B Funding Source Description of Service
Phone service for SA offices (940)1,200 600 600 RPTTF based on FY 2015 -16 budget
Postage (940)300 150 150 RPTTF based on FY 2015 -16 budget
Mobile phones for SA staff (940)450 225 225 RPTTF based on FY 2015 -16 budget
gas utility for SA offices (940)0 RPTTF SA Asset transfer to City
electricity for SA offices (940)0 RPTTF SA Asset transfer to City
water utility for SA offices (940)0 RPTTF SA Asset transfer to City
copier rental (940)2,500 1,250 1,250 RPTTF based on FY 2015 -16 budget
audits - LSL (940)0 RPTTF based on FY 2015 -16 budget
auditing services per AB 1484 (940)0 RPTTF not needed unless County requests audit
Legal notices (940)500 250 250 RPTTF SA Asset disposition requires public hearing
general SA Legal (940)20,000 10,000 10,000 RPTTF based on FY 2015 -16 budget
mileage reimbursement (940)150 75 75 RPTTF based on FY 2015 -16 budget
training /seminars (940)500 250 250 RPTTF based on FY 2015 -16 budget
office supplies (940)1,250 625 625 RPTTF based on FY 2015 -16 budget
office equipment (940)250 125 125 RPTTF based on FY 2015 -16 budget
SA building repairs /maint (940)0 RPTTF based on FY 2015 -16 budget
office equipment repairs (940)0 RPTTF based on FY 2015 -16 budget
G & A overhead allocation (940)70,626 35,313 35,313 RPTTF based on FY 2015 -16 budget
Subtotal Non - payroll Admin 97,726 48,863 48,863 RPTTF
SA payroll costs (940)152,2741 76,137 76,137
payroll costs for SA staff involved in wind -down
activities
TOTAL FUNDED BY RPTTF: $250,000 $125,000 $125,000
Total Admin Budget for ROPS $250,000 $125,000 $125,000
N: \Economic Development Files \SUCCESSOR AGENCY \ROPS \ROPS 16 -17 \Administrative Budget ROPS 16 -17 (final),1 /28/2016