RDA RES 1996-009 RESOLUTION NO. RDA 96-09
A RESOLUTION OF THE RANCHO PALOS VERDES REDEVELOPMENT AGENCY
ADOPTING THE OPERATING AND CAPITAL IMPROVEMENT
BUDGET FOR FISCAL YEAR 1996-97.
WHEREAS, the Board of the Rancho Palos Verdes Redevelopment Agency desires to
adopt the following resolution adopting the capital budget for the 1996-97 fiscal year.
NOW, THEREFORE, BE IT RESOLVED, THAT THE BOARD OF THE RANCHO PALOS
VERDES REDEVELOPMENT AGENCY DOES HEREBY ADOPT THE FOLLOWING 1996-
97 OPERATING AND CAPITAL BUDGET.
SECTION 1: The 1996-97 Revenue Budget is hereby adopted, establishing the
following revenue levels:
1996-97
PROGRAM ADOPTED BUDGET
Portuguese Bend Project Area $ 110,000
Abalone Cove Project Area 350,000
RDA Housing Set Aside Fund 90,000
Abalone Cove Debt Service Fund 632,311
TOTAL REVENUES $ 1,182,311
SECTION 2: An operating and capital budget for Fiscal Year 1996-97 is hereby
adopted as contained in the Annual Budget of the Rancho Palos Verdes Redevelopment
Agency attached hereto and incorporated and referenced as part of this resolution. The
following expenditure levels are hereby established:
1996-97
PROGRAM ADOPTED BUDGET
Portuguese Bend Project Area
Administration $ 52,760
RDA Engineering 32,500
Agency Attorney 12,000
Capital Projects 215,300
Abalone Cove Project Area
Administration $ 33,500
RDA Engineering 4,000
Agency Attorney 30,000
Capital Projects 5,058,700
Peer Review Consultants 50,000
RDA Housing Set-Aside Fund 4,000
Abalone Cove Debt Service Fund 360,311
TOTAL OPERATING AND CAPITAL EXPENDITURES $ 5,853,071
SECTION 2: Upon adoption of said Budget, the Board may revise and/or update
said Budget in part or in its entirety, depending on the Agency's fiscal resources,
circumstances, and needs.
SECTION 3: The Executive Director of the Rancho Palos Verdes Redevelopment
Agency shall be responsible for administration and execution of said Budget.
PASSED, APPROVED, AND ADOPTED THE 18TH DAY OF JUNE, 1996.
?Z'iyu ' 4
GE ' Y 4-H •.•'=PERSON
ATTEST:
,l '
a A .
GENCY SECRETARY
State of California )
County of Los Angeles )ss
City of Rancho Palos Verdes )
I, JO PURCELL, Agency Secretary of the Rancho Palos Verdes Redevelopment Agency,
hereby certify that the above Resolution No. RDA 96-09 was duly and regularly passed
and adopted by the said Redevelopment Agency at regular meeting thereof held on June
18, 1996.
/A4Lii
• GENCY SECRETARY
-2- RESOL. NO. RDA 96-09
CITY OF RANCHO PALOS VERDES
REDEVELOPMENT AGENCY
ANNUAL BUDGET
for the fiscal year ending June 30, 1997
AGENCY OFFICIALS
Marilyn Lyon
Chair
John Mclaggart
Vice Chair
Lee Byrd
Board Member
Barbara Ferraro
Board Member
Tom Hollingsworth
Board Member
Paul D. Bussey
Executive Director
RDA
TABLE OF CONTENTS
1996-97 ANNUAL BUDGET
RANCHO PALOS VERDES REDEVELOPMENT AGENCY
Executive Director's Transmittal Letter i
Recap of Loans from City to Redevelopment Agency iv
Portuguese Bend Fund (375) 1
Abalone Cove Fund (380) 17
RDA Housing Set Aside Fund (118) 34
Abalone Cove Debt Service Fund (210) 36
RDA
MEMORANDUM RANCHOPALOSVERDES
TO: HONORABLE CHAIRMAN AND MEMBERS OF THE RDA BOARD
FROM: EXECUTIVE DIRECTOR
DATE JUNE 18, 1996
SUBJECT: ADOPTED REDEVELOPMENT AGENCY BUDGET
Under cover of this memorandum, the staff respectfully transmits the adopted
Redevelopment Agency budget for the 1996-97 fiscal year. The Rancho Palos Verdes
Redevelopment Agency (RDA) was established in 1984 with the primary purpose of
providing mitigation measures to stabilize landslides in Abalone Cove and Portuguese
Bend.
All expenditures in Portuguese Bend are paid for with loans from the City's General
Fund or from grants. For the most part, expenditures in Abalone Cove are made with
proceeds from County bonds sold in connection with the Landslide Settlement
Agreement between the Redevelopment Agency, the County, and a number of property
owners in Abalone Cove. Consistent with our practice over the last several years, the
budget is divided into two separate programs based on the geographical boundaries of
these two areas. This division of programs in the budget helps assure that County
bond proceeds are not used in the Portuguese Bend portion of the project area.
All operating and maintenance expenditures have been moved from the
Redevelopment Agency budget to the new budget for the Joint Powers Maintenance
Authority (JPMA). This is consistent with California Redevelopment Law which
prohibits an Agency from performing maintenance and operations functions. Funding
for maintenance activities in the Abalone Cove area is provided for through the
Abalone Cove Maintenance Trust Fund. This fund was established as specified in the
Landslide Settlement Agreement. Funding for maintenance activities in the Portuguese
Bend area is provided through a grant from the City's General Fund.
Portuguese Bend
The Portuguese Bend portion of the Redevelopment Agency budget is currently
comprised of four accounting areas: administration, engineering, agency attorney, and
capital projects. As mentioned above, the maintenance and operations functions have
been transferred to the Joint Powers Maintenance Authority. The majority of activities
in the Portuguese Bend area are focused on mitigation measures to stabilize the
landslide. Funding is provided for monitoring land movement through the use of a
global positioning system (GPS).
The Portuguese Bend RDA budget includes two capital improvement projects, 1)
improvements to a 1/2 round drainage pipe, and 2) improvements to a PVC de-watering
well discharge line. In addition, a pro-rata share of the U.S. Army Corps of Engineers
Feasibility Study is included in the Portuguese Bend budget. The feasibility study is
discussed in further detail later in this memo.
As a result of lower than anticipated expenditures in FY 1995-96 and with the transfer
of maintenance activities to the Maintenance Authority, the funding required from the
General.Fund to support the proposed activities in FY 1996-97 has decreased from
prior year levels. The proposed budget includes a loan to the Agency from the General
Fund of$100,000.
Abalone Cove
All landslide mitigation measures by the RDA in the Abalone Cove area are related to a
list of projects established by the Abalone Cove Panel of Experts. The purpose of all
projects (except the shoreline protection feasibility study) is to remove water from the
slide or to prevent the water from reaching the slide plane.
The Abalone Cove budget is comprised of five departments: administration,
engineering, agency attorney, capital projects, and peer review consulting. As
mentioned above, the maintenance activities are accounted for through the Joint
Powers Maintenance Authority in the Maintenance Trust Fund. This fund was
established in order to comply with provisions in the Landslide Settlement Agreement.
Although money was included in the FY 1995-96 budget for the construction of projects
from the priority list established by the Panel of Experts, the actual construction did not
begin. Environmental review, planning, and construction design is nearly complete.
The Agency is currently preparing to obtain easements from property owners for the
improvements to be constructed. Concurrently, the Agency is attempting to renegotiate
the terms of the bond repayment with the County of Los Angeles. The outcome of
these negotiations may impact the selection and/or scope of capital projects ultimately
constructed. The budget includes funds for negotiating easements related to the sewer
and drainage improvement projects as well as for the actual capital costs of
constructing the sewer and drainage improvements. Other capital projects in the
budget include the construction of a de-watering well and related drainage
improvements in Kelvin Canyon. However, pending the outcome of the negotiations
with the County, funding for the construction of the capital projects may be revised
during the fiscal year.
Fiscal year 1996-97 is the third year of City funding for a three year shoreline
protection feasibility study being prepared by the U.S. Army Corps of Engineers. The
ii
cost of the study is divided between the Abalone Cove budget and the Portuguese
Bend budget. Shore protection is one of the priorities established by the Panel of
Experts to assist in stabilizing the landslide. The feasibility study is scheduled for
review in December. At that time a comprehensive analysis will be conducted
analyzing the feasibility of proceeding with shore protection improvements. Future
funding requirements will be analyzed as part of the review. The results of the study
will be presented to the Agency Board for further consideration of future activity.
Respectfully submitted,
( . Busse1 y
Executive Director
iii
RECAP OF LOANS FROM CITY TO REDEVELOPMENT AGENCY
1990-91 1991-92 1992-93 1993-94 1994-95 1995-96 1996-97 , Total
PORTUGUESE BEND
Beginning loan balance 1,279,152 1,745,781 2,091,682 2,439,946 2,754,261 3,426,131 4,123,980 1,279,152
Plus:
Loan advance from City 318,400 165,000 133,000 133,000 457,000 435,000 100,000 1,741,400
Interest 148,229 180,901 215,264 181,315 214,870 262,849 302,311 1,505,739
Less:
Principal repayment 0 0 0 0 0 0 0 0
Interest repayment 0 0 0 0 0 0 0 0
Ending loan balance 1,745,781 2,091,682 2,439,946 2,754,261 3,426,131 4,123,980 4,526,291 4,526,291
1990-91 1991-92 1992-93 1993-94 1994-95 1995-96 1995-96 Total
ABALONE COVE
Beginning loan balance 200,332 737,566 0 0 0 0 0 200,332
Plus:
Loan advance from City 499,025 0 0 0 0 0 0 499,025
Interest 38,209 49,774 0 0 0 0 0 87,983
Less:
Principal repayment 0 (699,357) 0 0 0 0 0 (699,357)
Interest repayment 0 (87,983) 0 0 0 0 0 (87,983)
Ending loan balance 737,566 0 0 0 0 0 0 0
iv
FUNCTION: FUND:
RDA - PORTUGUESE BEND RDA - PORTUGUESE BEND (375)
YEAR-END
ACTUAL ACTUAL BUDGET ESTIMATE BUDGET
1993-94 1994-95 1995-96 1995-96 1996-97
. . . . . ..... . . ..::.:..........
REVENUES
347.10 INTEREST EARNINGS 6,210 17,138 600 15,000 10,000
375.10 PV LANDHOLDINGS (GPS) 0 0 17,600 17,600 0
364.10 GRANT INCOME (FEMA) 0 60,486 13,500 13,500 0
................ .........
FuPO-ET OF- a.o I'LONCT-7�M f�-0 vArve- `
TRA. _._- _v-___- pkom elry
(391.10 LONG TERM LOAN FROM CITY P-/ 133,000 457,000 435,000 435,000 100,000
PROGRAM SUMMARY
PORTUGUESE BEND
ADMINISTRATION (720) 46,359 35,247 48,480 48,480 52,760
RDA ENGINEERING (721) 20,224 47,248 32,500 32,500 32,500
AGENCY ATTORNEY(722) 3,432 7,093 12,000 12,000 12,000
OPERATIONS&MAINTENANCE (724) 29,980 55,467 44,000 44,000 0
CAPITAL PROJECTS (725) 82,767 197,279 513,780 352,255 215,300
... .. . ....:. ..........
..:.:.::.:.
.. ............................................................�j. {{
r s 1•
Ct 5 0 k E cQ l4-
1
PROGRAM: FUND:
RDA - PORTUGUESE BEND -ADMINISTRATION (720) RDA - PORTUGUESE BEND (375)
YEAR-END
ACTUAL ACTUAL BUDGET ESTIMATE BUDGET
1993-94 1994-95 1995-96 1995-96 1996-97
OPERATIONS&MAINTENANCE
.35 PROFESSIONAL/TECHNICAL SERVICES 31,888 16,074 30,395 30,400 31,800
.50 OPERATING SUPPLIES 955 150 500 500 500
.53 POSTAGE 0 0 0 0 0
.71 MEETINGS AND CONFERENCES 3,282 5,756 7,005 7,000 7,000
.72 MEMBERSHIPS AND DUES 10,234 10,348 10,580 10,580 13,460
.91 DEBT SERVICE- INTEREST 0 2,919 0 0 0
............... ..:.:.... .....:
................. :: . .
2
Program: RDA Portuguese Bend Administration (375-720)
Code Description Amount
.35 PROFESSIONAL/TECHNICAL SERVICES 31,800
The slight increase in the FY 96-97 is due to additional
anticipated geotechnical assistance in the Portuguese Bend
Landslide Area. FY 96-97 activity provides for the following:
1. Administrative support for the Portuguese Bend portion
of the RDA with the exception of capital projects
($12,400)
2. Services of Washington lobbyist related to Army Corps
projects ($6,000).
3. Annual auditing services ($3,400).
4. Contract geotechnical consultants to assist in the
review of projects not funded by trust deposits, and
those generally initiated by the City or Redevelopment
Agency (i.e. the Zone#2 Landslide Exception project). -
$10,000
.50 OPERATING SUPPLIES AND MINOR EQUIPMENT 500
The FY 96-97 budget is for blueprinting services for various
projects within the Portuguese Bend area.
.71 MEETINGS AND CONFERENCES 7,000
The FY 96-97 budget provides for landslide stabilization
conferences and meetings.
.72 MEMBERSHIPS AND DUES 13,460
The increase in the FY 96-97 budget is due to anticipated
increases in membership and dues for the California
Redevelopment Association, Portuguese Bend Community
Association and Klondike Canyon Geologic Hazard Abatement
District.
This line item provides for the following annual assessments:
3
Abalone Cove Landslide Abatement
District $ 5,560
Klondike Canyon Geologic Hazard
Abatement District $ 5,600
California Redevelopment Association $ 1,500
California Marine Affairs and
Navigation Conference $ 650
Portuguese Bend Community Association $ 150,
$13,460
4
IR DAIL
5
PROGRAM: FUND:
RDA - PORTUGUESE BEND - RDA ENGINEERING (721) RDA - PORTUGUESE BEND (375)
YEAR-END
ACTUAL ACTUAL BUDGET ESTIMATE BUDGET
1993-94 1994-95 1995-96 1995-96 1996-97
OPERATIONS&MAINTENANCE
.35 PROFESSIONAL/TECHNICAL SERVICES 20,224 47,248 32,500 32,500 32,500
............. ........
6
Program: RDA Portuguese Bend - Engineering (375-721)
Code Description Amount
.35 PROFESSIONAL/TECHNICAL SERVICES 32,500
The FY 96-97 budget provides for monitoring of 50
monuments in the Portuguese Bend, Klondike Canyon and
Flying Triangle Landslide areas. The frequency of the
. monitoring is prescribed by Dr. Perry Ehlig, the Agency
geologist, and performed through contract services.
7
PROGRAM: FUND:
RDA - PORTUGUESE BEND - AGENCY ATTORNEY (722) RDA - PORTUGUESE BEND (375)
YEAR-END
ACTUAL ACTUAL BUDGET ESTIMATE BUDGET
1993-94 1994-95 1995-96 1995-96 1996-97
OPERATIONS& MAINTENANCE
.40 LEGAL SERVICES 3,432 7,093 12,000 12,000 12,000
..................................... .:::
................ ..
8
Program: RDA Portuguese Bend -Agency Attorney (375-722)
Code Description Amount
.40 LEGAL SERVICES 12,000
This line item provides for legal services for the
Redevelopment Agency Attorney. Actual expenditures will
vary from fiscal year to fiscal year depending on project
activity.
9
i
/10 8c; ciJ JP/ 0
PROGRAM: FUND:
RDA - PORT BEND - OPERATIONS & MAINTENANCE (724) RDA - PORTUGUESE BEND (375)
YEAR-END
ACTUAL ACTUAL BUDGET ESTIMATE BUDGET
1993-94 1994-95 1995-96 1995-96 1996-97
OPERATIONS&MAINTENANCE
.20 LIGHT AND POWER 6,581 7,182 7,600 7,600 0
.30 MAINTENANCE SERVICES 15,782 45,393 32,400 32,400 0
.35 PROFESSIONAL/TECHNICAL SERVICES 7,617 2,892 4,000 4,000
............. . .
10
Program: RDA Portuguese Bend - Operations and Maintenance (375-724)
Code Description Amount
.20 LIGHT AND POWER -0 -
FY 96-97 expenses are shown in the Portuguese Bend portion
of the Joint Powers Maintenance Authority budget.
.30 MAINTENANCE SERVICES - 0 -
FY 96-97 expenses are shown in the Portuguese Bend portion
of the Joint Powers Maintenance Authority budget.
.35 PROFESSIONAL/TECHNICAL SERVICES - 0 -
FY 96-97 expenses are shown in the Portuguese Bend portion
of the Joint Powers Maintenance Authority budget.
11
PROGRAM: FUND:
RDA - PORTUGUESE BEND - CAPITAL PROJECTS (725) RDA - PORTUGUESE BEND (375)
YEAR-END
ACTUAL ACTUAL BUDGET ESTIMATE BUDGET
1993-94 1994-95 1995-96 1995-96 1996-97
PERSONAL SERVICES
.11 SALARY&WAGES- FULL TIME 347 0 0 0 0
OPERATIONS&MAINTENANCE
.30 MAINTENANCE SERVICES 0 2,412 3,000 1,000 0
.35 PROFESSIONAL/TECHNICAL SERVICES 20,474 141,403 387,480 278,695 189,800
.50 OPERATING SUPPLIES&MINOR EQUIP 0 0 0 0 500
.55 LEGAL NOTICE PUBLICATION 300 673 800 800 0
.t.
CAPITAL OUTLAY
.82 IMPROVEMENTS OTHER THAN BUILDINGS 61,646 52,791 122,500 71,760 25,000
12
Program: RDA Portuguese Bend Capital Projects (375-725)
Code Description Amount
.30 MAINTENANCE SERVICES -0-
The FY 95-96 year end estimate is less than budgeted due to
lower than anticipated start-up costs for supplying electrical
power to the Peppertree Gate dewatering well.
.35 PROFESSIONAL/TECHNICAL SERVICES 189,800
The FY 95-96 year end estimate is less than budgeted
because projects costs were lower than anticipated. In
addition, the reinstatement of CDBG funding for two landslide
abatement projects reduced expenditures in this line item. The
FY 96-97 budget provides for assistance for the projects
described below and listed on the attached table:
1. Professional assistance, if necessary, for improvements
to the 1/2 drainage pipe at various locations ($3,000).
2. Professional assistance as required for improvements
to the PVC dewatering well discharge line ($2,000).
3. Participation in Army Corp of Engineers shoreline
protection feasibility study. The amount budgeted reflects an
anticipated pro-rata share for Portuguese Bend, with the
remainder budgeted in Abalone Cove. The final amount will
depend on the direction of the study after the "F3" conference
is held in December. ($184,800)
.50 OPERATING SUPPLIES AND MINOR EQUIPMENT 500
This line item provides for blueprinting services and supplies
needed to implement the capital projects listed on the attached
table.
.55 LEGAL NOTICE PUBLICATION -0-
This line item provides for advertising services as required by
the public bidding process, and to notify affected property
owners. It is anticipated that projects budgeted for FY 96-97
will not include special legal notification costs.
13
.82 IMPROVEMENTS OTHER THAN BUILDINGS 25,000
The FY 95-96 year end estimate is less than budgeted
because projects costs were lower than anticipated. In
addition, the reinstatement of CDBG funding for two landslide
abatement projects reduced expenditures in this line item. The
FY 96-97 budget provides funding for the following landslide
stabilization projects:
1. Construct improvements to the 1/2 round drainage pipe
at various locations ($15,000).
2. Construct improvements to the PVC dewatering well
discharge line at various locations ($ 10,000).
14
1996-97 RDA-PORTUGUESE BEND CAPITAL IMPROVEMENT PROJECTS
(--1-4 (o c Y
pf25eT Project Cost
- 'S (.30) (.35) (.50)/(.55) (.82) Total
Project Description Mtnc Svcs Pro/Tech Svcs Supls/Ad Construction Cost
r1/2 Round Improvements 3,000 15,000 18,000
90 Well Discharge Line Improvements 2,000 10,000 12,000
&li 91 Shoreline Protection Feasibility Study * 184,800 184,800 + l 330
(fr1, (4
'05f115 \\ Supplies/Advertising 500 500
f.f
f( ''I
\ /r.: ,- i TOTALS 0 189,800 500 25,000 215,300
1
Notes:
* Third year of three year project, $242,210 estimated expenditure in FY 95-96.
RDA
16
FUNCTION: FUND:
RDA - ABALONE COVE RDA - ABALONE COVE (380)
YEAR-END
ACTUAL ACTUAL BUDGET ESTIMATE BUDGET
1993-94 1994-95 1995-96 1995-96 1996-97
... . . . . . . .. .:.::.:.. . ... .. . . . . .
r t r
REVENUES
347.10 INTEREST EARNINGS 288,650 364,592 200,000 380,000 350,000
PROGRAM SUMMARY
ADMINISTRATION (730) 30,867 17,268 48,500 28,500 33,500
RDA ENGINEERING (731) 10,101 13,306 4,000 4,000 4,000
AGENCY ATTORNEY(732) 12,338 11,945 30,000 30,000 30,000
OPERATIONS&MAINTENANCE (734) 4,016 24,492 0 0 0
CAPITAL PROJECTS (735) 121,105 491,935 5,271,398 404,300 5,058,700
PEER REVIEW CONSULTANTS (738) 5,984 0 60,000 0 50,000
t .t
17
PROGRAM: FUND:
RDA -ABALONE COVE -ADMINISTRATION (730) RDA -ABALONE COVE (380)
YEAR-END
ACTUAL ACTUAL BUDGET ESTIMATE BUDGET
1993-94 1994-95 1995-96 1995-96 1996-97
OPERATIONS&MAINTENANCE
.35 PROFESSIONAL/TECHNICAL SERVICES 30,867 16,848 47,000 27,000 32,000
.50 OPERATING SUPPLIES 0 420 1,000 1,000 1,000
.53 POSTAGE 0 0 500 500 500
............. ... . ..: ...... .. ... . ..
............. ..... . :..: ..
18
Program: RDA Abalone Cove -Administration (380-730)
Code Description Amount
.35 PROFESSIONAL AND TECHNICAL SERVICES 32,000
The FY 95-96 year-end estimate is less than budgeted
because of a reduced level of project activity. This line item
provides for technical and professional services for the
following:
1. General administrative assistance not related to specific
capital projects ($20,000).
2. An annual tax increment study in accordance with the
terms of the Horan Settlement ($12,000).
.50 OPERATING SUPPLIES 1,000
This line item provides for miscellaneous blueprints and other
supplies for general administration for the Abalone Cove
project area.
.53 POSTAGE 500
This line item provides for the mailings to residents and other
related correspondence.
19
PROGRAM: FUND:
RDA -ABALONE COVE - RDA ENGINEERING (731) RDA -ABALONE COVE (380)
YEAR-END
ACTUAL ACTUAL BUDGET ESTIMATE BUDGET
1993-94 1994-95 1995-96 1995-96 1996-97
OPERATIONS&MAINTENANCE
.35 PROFESSIONAL/TECHNICAL SERVICES 10,101 13,306 4,000 4,000 4,000
iiiiiiiiiiiiiiiiiiiiiiiiiii10X4010g.0.00MNO:i.40.RAWMOggiiiiiiiiigiiiiiiii$iiiiiiiiiiiiiiiiiiiiiiiiiligaigliiiiiiiiiiiiiiiiiiiiiiiiiglig.g00iiiiiiiiiiiiiiiiiiiiiiiiiiii:iiiiiNM:iiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiilAgffi.eiiiiiii:iiiiiiiiiiiiiiiiiiiiiiii*Miiii
20
Program: RDA Abalone Cove - Engineering (380-731)
Code Description Amount
.35 PROFESSIONAL/TECHNICAL SERVICES 4,000
This line item provides for the contract services for annual
monitoring surveys of monuments, as recommended by Dr.
Perry Ehlig (Agency Geologist) and performed through
contract services.
21
PROGRAM: FUND:
RDA -ABALONE COVE - AGENCY ATTORNEY (732) RDA -ABALONE COVE (380)
YEAR-END
ACTUAL ACTUAL BUDGET ESTIMATE BUDGET
1993-94 1994-95 1995-96 1995-96 1996-97
OPERATIONS&MAINTENANCE
.40 LEGAL SERVICES 12,338 11,945 30,000 30,000 30,000
22
Program: RDA Abalone Cove -Agency Attorney (380-732)
Code Description Amount
.40 LEGAL SERVICES 30,000
This line item provides for contract legal services to the
agency on an as-needed basis. Actual costs will vary from
year to year based on project activity.
23
PROGRAM: FUND:
RDA -ABALONE COVE - OPERATIONS & MAINTENANCE (734) RDA -ABALONE COVE (380)
YEAR-END
ACTUAL ACTUAL BUDGET ESTIMATE BUDGET
1993-94 1994-95 1995-96 1995-96 1996/97
OPERATIONS&MAINTENANCE
.20 LIGHT AND POWER 456 4,040 0 0 0
.30 MAINTENANCE SERVICES 0 2,775 0 0 0
.35 PROFESSIONAL/TECHNICAL SERVICES 3,560 17,677 0 0 0
.50 OPERATING SUPPLIES 0 0 0 0 0
i 1.10!1 #OMB
24
Program: RDA Abalone Cove - Operations & Maintenance (380-734)
Code Description Amount
.30 MAINTENANCE SERVICES -0-
FY 96-97 expenses are shown in the Abalone Cove
Maintenance Fund (895-895).
.35 PROFESSIONAL/TECHNICAL SERVICES -0-
FY 96-97 expenses are shown in the Abalone Cove
Maintenance Fund (895-895).
25
PROGRAM: FUND:
RDA -ABALONE COVE - CAPITAL PROJECTS (735) RDA -ABALONE COVE (380)
YEAR-END
ACTUAL ACTUAL BUDGET ESTIMATE BUDGET
1993-94 1994-95 1995-96 1995-96 1996-97
OPERATIONS&MAINTENANCE
.30 MAINTENANCE SERVICES 0 220 10,850 850 0
.35 PROFESSIONAL/TECHNICAL SERVICES 103,591 321,208 645,048 386,100 445,700
.50 OPERATING SUPPLIES 0 25 1,000 500 1,000
.55 LEGAL NOTICE PUBLICATION 249 330 2,000 0 2,000
...... .. ...................................................................................................................................................................................................................................
CAPITAL OUTLAY
.82 IMPROVEMENTS OTHER THAN BUILDINGS 17,265 170,152 4,612,500 16,850 4,610,000
............. . . : ::: :...
..... . ... . ..: .. ..:.. . ...
. ............ .
26
Program: RDA Abalone Cove - Capital Projects (380-735)
Code Description Amount
.35 PROFESSIONAL/TECHNICAL SERVICES 445,700
The FY 95-96 year-end estimate is less than budgeted
because several projects have been delayed. This line item
provides for project specific professional services for the
administration and engineering services related to the
activities listed below.
1. Participation in the Army Corps of Engineers shoreline
protection feasibility study. This amount includes an
anticipated pro-rata share for Abalone Cove, with the
remainder budgeted in Portuguese Bend. The final
amount will depend on the direction of the study after
the "F3" conference. ($145,200)
2. Abalone Cove Sanitary Sewer System ($140,000).
This amount includes services in preparation for the
acquisition of easements for the construction of the
sewer system. It also includes $20,000 for design
revisions that may be required when acquiring the
actual easements. Funds that may be required to
actually purchase easements have not been included
in the budget.
3. Altamira Canyon Drainage Improvements ($60,000).
This amount includes services in preparation for the
acquisition of easements for the construction of the
drainage improvements. It also includes $10,000 for
design revisions that may be required when acquiring
the actual easements. Funds that may be required to
actually purchase easements have not been included
in the budget.
4. Abalone Cove Drainage Improvements ($60,000).
This amount includes services in preparation for the
acquisition of easements for the construction of the
drainage improvements. It also includes $10,000 for
design revisions that may be required when acquiring
the actual easements. Funds that may be required to
actually purchase easements have not been included
in the budget.
27
5. Kelvin Canyon De-watering Well ($12,000).
Professional services related to the construction of the
well.
6. Kelvin Canyon Drainage Improvements ($28,500).
Professional services related to the construction of the
drainage improvements.
.50 OPERATING SUPPLIES AND MINOR EQUIPMENT 1,000
The FY 95-96 year-end estimate is less than budgeted
because several projects have been delayed and are being re-
budgeted in FY 96-97. This line item provides for supplies for
capital projects.
.55 LEGAL NOTICE PUBLICATION 2,000
The FY 95-96 year end estimate is less than budgeted
because several projects have been delayed. This line item
provides for legal notice publication of capital projects.
.82 IMPROVEMENTS OTHER THAN BUILDINGS 60,000
The FY 95-96 year-end estimate is less than budgeted
because several projects scheduled for construction in FY 95-
96 were delayed. These improvement projects were identified.
by the Panel of Experts to reduce the level of ground water
seepage into the landslide area. The FY 96-97 budget
includes the following projects:
1. Abalone Cove Sanitary Sewer System: Construction of
a sanitary sewer system in Abalone Cove ($2,000,000).
2. Altamira Canyon Drainage Improvements: Construction
of debris basins, channel lining, and other channel
improvements in Altamira Canyon ($1,250,000).
3. Abalone Cove Drainage Improvements: Provides for
the construction of a storm drain system of inlets, pipes,
culverts, and open channels within the existing developed
areas ($1,000,000).
4. Kelvin Canyon De-watering Well: Conversion of an
existing monitoring well into a de-watering well. The converted
well will be equipped with a pump and discharge facilities.
The final cost of this well may be less than budgeted if
28
Southern California Edison agrees to pay a portion of the costs
of providing electric power to the site ($60,000).
5. Kelvin Canyon Drainage Improvements: Development
of a system to capture existing spring water in Kelvin Canyon
and to discharge it into an outlet line before it enters the
ground water. This project will not be necessary should the
Abalone Cove Well Conversion Project be successful in
reducing the ground water. ($300,000).
29
1996-97 RDA -ABALONE COVE CAPITAL IMPROVEMENT PROJECTS
% I7
Pk)Au #'5
(.35) (.50)/(.55) (.82) Total
Project Description Prof/Tech Svcs Supply/Adver Construction Cost
1 1 Shoreline Protection Feasibility Study 145,200 145,200 9-/f/ gf'D = ”°,,°c)()
FY 95-96 Rebudgeted Proiects,
0
'i3 3 Abalone Cove Sanitary Sewer 140,000 2,000,000 2,140,000 co
g if Altamira Canyon Drainage 60,000 1,250,000 1,310,000
B I Abalone Cove Drainage 60,000 1,000,000 1,060,000
g2__ Kelvin Canyon Dewatering Well 12,000 60,000 72,000
q U Kelvin Canyon Drainage 28,500 300,000 328,500
3
( D ! Supplies/Advertising 3 000 3 000
NO f r '' j
f
cfs 'Ii- r I
TOTALS 445,700 3,000 4,610,000 5,058,700
RDA
31
PROGRAM: FUND:
RDA -ABALONE COVE - PEER REVIEW CONSULTANTS (738) RDA -ABALONE COVE (380)
YEAR-END
ACTUAL ACTUAL BUDGET ESTIMATE BUDGET
1993-94 1994-95 1995-96 1995-96 1996-97
OPERATIONS&MAINTENANCE
.35 PROFESSIONAL/TECHNICAL SERVICES 5,936 •0 60,000 0 50,000
.50 OPERATING SUPPLIES 48 0 0 0 0
32
Program: RDA Abalone Cove - Peer Review Consultants (380-738)
Code Description Amount
.35 PROFESSIONAUTECHNICAL SERVICES 50,000
The Panel of Experts disbanded during FY 95-96, and as a
result the year-end estimate shows no activity. There may be
need for review work by the new peer review consultants in FY
96-97.
33
■
FUNCTION: FUND:
RDA HOUSING SET-ASIDE (318) RDA HOUSING SET-ASIDE (118)
YEAR-END
ACTUAL ACTUAL BUDGET ESTIMATE BUDGET
1993-94 1994-95 1995-96 1995-96 1996-97
REVENUES
311.10 PROPERTY TAX INCREMENT 62,088 55,648 60,100 60,100 60,000
347.10 INTEREST EARNINGS 12,641 22,454 23,600 27,000 30,000
............. .:::::. . ........ ::::::::::::
EXPENDITURES
OPERATIONS&MAINTENANCE
.35 PROFESSIONAL/TECHNICAL SERVICES 0 0 4,000 4,000 4,000
.:........................
.................. ......:....
................................. ........
34
Program: RDA Housing Set-Aside Fund (118-318)
The Housing Set-Aside Fund is used to account for the portion of Redevelopment tax
increment monies to be set-aside for the development of low and moderate income
housing. This Set-Aside of tax increment is a requirement under the California
Redevelopment Law, Section 33334.
Code Description Amount
.35 PROFESSIONAL/TECHNICAL SERVICES 4,000
This line item provides for consulting services to assist the
Agency in the administration of the Housing Set-Aside program
development and reporting requirements.
35
FUNCTION: FUND:
DEBT SERVICE (610) DEBT SERVICE (210)
YEAR-END
ACTUAL ACTUAL BUDGET ESTIMATE BUDGET
1993-94 1994-95 1995-96 1995-96 1996-97
REVENUES
311.10 PROPERTY TAX INCREMENT 248,350 222,590 243,700 243,700 245,000
347.10 INTEREST EARNINGS 40,427 62,648 70,000 75,000 85,000
395.50 LONG TERM ADVANCE FROM CITY 181,315 214,870 262,849 262,849 302,311
.......................................
EXPENDITURES
.92 PASS THRU TO LOS ANGELES COUNTY 52,138 45,563 50,500 50,500 50,000
.35 COUNTY ADMINISTRATIVE FEE 5,919 6,929 8,000 8,000 8,000
.91 INTEREST EXPENSE ON CITY LOAN 181,315 214,870 262,849 262,849 302,311
.....................................................................................................................................................................................................................................................................................
36
Program: RDA Debt Service Fund (210-610)
The Debt Service Fund is used to account for the accumulation of resources for, and the
payment of, principal and interest on the Redevelopment Agency's debt and other long-
term obligations. The Agency's gross property tax increment is recorded as a revenue item
in this fund. Property tax increment is the portion of property taxes attributable to the
Redevelopment Agency project area that exceed the fixed base year amount. The base
year is the year in which the Agency was formed.
Code Description. Amount
395.50 LONG TERM ADVANCE FROM CITY 302,311
This line item provides for a long term advance from the City
to the Agency to record the unpaid accrued interest on all
outstanding loans from the City to the Agency. The interest
expense is recorded below under account code .91.
.92 PASS THRU TO LOS ANGELES COUNTY 50,000
Property tax increment revenues are recorded as a gross
amount. However, the Agency does not receive 100% of the
tax increment. The Los Angeles County Fire Protection District
receives approximately 17% of the tax increment. This budget
line item reflects the portion of the tax increment that is
remitted to the Fire District directly by the County.
.35 PROFESSIONAL/TECHNICAL SERVICES 8,000
This line item provides for the payment of an administrative fee
to the County for their expenses in administering the property
tax system. All entities are charged an administrative fee by
the County.
.91 INTEREST EXPENSE ON CITY LOAN 302,311
This line item provides for recording the interest expense
accumulating on loans from the City to the Redevelopment
Agency.
37
RI DA