OBRES 2017-001RESOLUTION NO.OB 2017 — 001
A RESOLUTION OF THE OVERSIGHT BOARD OF THE
SUCCESSOR AGENCY TO THE LA QUINTA REDEVELOPMENT
AGENCY APPROVING THE SUCCESSOR AGENCY
ADMINISTRATIVE BUDGET FOR THE PERIOD OF JULY 1,
2017 THROUGH JUNE 30, 2018
WHEREAS, the Oversight Board of the Successor Agency to the La Quinta
Redevelopment Agency ("Oversight Board" or Successor Agency" as applicable)) has been
established to direct the Successor Agency to take certain actions to wind down the affairs
of the former La Quinta Redevelopment Agency ("Agency")in accordance with the
California Health and Safety Code; and
WHEREAS, the Agency was engaged in activities to execute and implement the
Project Area No. 1 Redevelopment Plan and the Project Area No. 2 Redevelopment Plan
(collectively, the "Redevelopment Plans") pursuant to the provisions of the California
Community Redevelopment Law (Health and Safety Code § 33000, et sM.) ("CRL"); and
WHEREAS, as part of the 2011/2012 State budget bill, the California Legislature
enacted and the Governor signed, ABx1 26 requiring that each redevelopment agency be
dissolved; and
WHEREAS, an action challenging the constitutionality of ABx1 26 and companion
bill ABx1 27 was filed in the California Supreme Court by the California Redevelopment
Association, the League of California Cities, and two individual cities; and
WHEREAS, on December 29, 2011, the Court upheld ABx1 26; and
WHEREAS, Health and Safety Code Section 341770) requires each successor
agency to prepare a proposed administrative budget every six months setting forth the
successor agency's estimated administrative costs of carrying out the wind -down
activities of the former redevelopment agency, proposing sources of payment for such
estimated administrative costs, and proposing for arrangements for administrative and
operations services provided by a city, county and/or other entity; and
WHEREAS, the Successor Agency has prepared a proposed administrative budget
for the period July 1, 2017 through June 30, 2018 (the "Administrative Budget"); and
attached hereto as Exhibit A: and
WHEREAS, all other legal prerequisites to the adoption of this Resolution have
occu rred.
Resolution No. OB 2017-001
Adoption of SA Administrative Budget
Adopted: January 18, 2017
Page 2 of 2
NOW THEREFORE, BE IT RESOLVED, by the Oversight Board of the Successor
Agency to the La Quinta Redevelopment Agency, does hereby resolve as follows:
SECTION 1. Recitals. The Recitals set forth above are true and correct and incorporated
herein by reference.
SECTION 2. Approval of Administrative Budget. The Oversight Board hereby approves
the Administrative Budget, which is attached hereto as Exhibit A.
SECTION 3. Severability. 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 irrespective of the
invalidity of any particular portion thereof.
SECTION 4. The Oversight Board Secretary shall certify to the adoption of this Resolution.
PASSED, APPROVED, and ADOPTED at the meeting of the Oversight Board of the
Successor Agency to the La Quinta Redevelopment Agency held this 18th day of January,
2017, by the following vote:
AYES: Board Members Henderson, Marshall, Maysels, Novak, Chair Osborne
NOES: None
ABSENT: Board Members Howell and Nelson
ABSTAIN: None /
L -l45%NE�',"Chairperson
j-
- Oversight Board of the Successor Agency to
the La Quinta Redevelopment Agency
ATTEST:
PAM NIETO
Oversight Board Secretary
Exhibit A
SUCCESSOR AGENCY/OVERSIGHT BOARD JULY 2017 - JUNE 2018
ADMINISTRATIVE BUDGET
PERSONNEL $ 95,700
City Manager
$23,000
Finance Director
$19,000
Accounting Manager
$15,000
Management Specialist
$9,000
City Clerk
$6,800
Deputy City Clerk
$3,400
Accountant
$19,500
i YES & SERVICES
$ 2,000
C ' T°S:U" ES $ 124,300
This account provides For legal, consulting, and audit services
plus a portion of League of California Cities and
California Redevelopment Agency dues related to
technical assistance and training.
Audits as required by ABx1 26 $12,000
League of California Cities Dues & Semi nars/Webinars related to ABx1 26 $15,300
Legal Services for Successor Agency $48,000
Consulting Services for Successor Agency $49,000
SUPPLIES AND PUBLICATIONS $ 4,000
This account provides for various office supplies and publications
to be used by SA and OB staff and board members
Successor Agency Supplies & Publications $2,500
Oversight Board Supplies & Publications $1,500
PRINTING/MAILING/ADVERTISING $ 1,000
This account provides for required mailings, agenda printing,
and legal advertising
�,,N,rF0,aMAXi T1ECHNOLOGY $ 6,000
This account provides for annual replacement charges for information
technology items such as computers, printers, and computer related
items attributable to SA/OB; and support/hosting for SA/OB web
pages, which are required by ABx1 26 $3,500
Computer Document Storage related to SA $2,000
On -Line Muni Code related to Successor Agency $500
OFFICE AND EQUIPMENT $ 17,000
This account provides for office space rental an
equipment usage in City Hall
Rent $15,000
Equipment $2,000
TOTAL ADMINISTRATIVE BUDGET 250,000