RDA RES 1999-016RESOLUTION NO. RDA 99 -16
A RESOLUTION OF THE BOARD OF THE RANCHO PALOS VERDES
REDEVELOPMENT AGENCY, AMENDING RESOLUTION 98 -07, THE BUDGET
APPROPRIATION FOR FISCAL YEAR 1998 -99, TO REDUCE THE BUDGET FOR
CERTAIN PROJECTS WHICH WERE RE- BUDGETED TO FISCAL YEAR 1999 -00
AND TO REDUCE THE BUDGET FOR THE APPROVED CONTINUING
APPROPRIATIONS
WHEREAS, Section 3.32 of the Rancho Palos Verdes Municipal Code provides that all
expenditures in excess of budgeted allocations must be by supplemental appropriation
of the Agency Board: and
WHEREAS, on June 3, 1998, the Board of the Rancho Palos Verdes Redevelopment
Agency adopted Resolution 98 -07, approving a spending plan and authorizing a budget
appropriation for the 1998 -99 fiscal year: and
WHEREAS, certain projects included in the fiscal year 1998 -99 budget will be carried
over as continuing appropriations to the fiscal year 1999 -00 (listed in the attached
Exhibit A); and
WHEREAS, certain projects included in the fiscal year 1998 -99 budget were rebudgeted
in the fiscal year 1999 -00 budget (listed in the attached Exhibit B); and
WHEREAS, the Agency Board desires that the fiscal year 1998 -99 budget be reduced
for each of these specific projects that were rebudgeted in fiscal year 1999 -00 as well
as for each of the continuing appropriations carried over to fiscal year 1999 -00;
BE IT, THEREFORE, RESOLVED BY THE BOARD OF THE RANCHO PALOS
VERDES REDEVELOPMENT AGENCY:
The following adjustments be made to the fiscal year 1998 -99 budget per the attached
Exhibits A and B:
Decrease the Portuguese Bend Fund budget as follows:,
Capital Projects #375 - 725 -35 Professional /technical $ 50,000
Decrease the Abalone Cove Fund budget as follows:,
Capital Projects #380 - 735 -35 Professional /technical $ 19,600
Capital Projects #380 - 735 -82 Capital Outlay $ 3,976,400
PASSED, APPROVED, AND ADOPTED THE 7TH DAY OF SEPTEMBER, 1999.
ATTEST:
AGENCY SECRETARY
S ate of California
County of Los Angeles )ss
City of Rancho Palos Verdes )
ArY,
AGENCY C*'[IRPERSON
1, JO PURCELL, Agency Secretary of the Rancho Palos Verdes Redevelopment
Agency, hereby certify that the above Resolution No. RDA 99 -16 was duly and regularly
passed and adopted by the said Board at regular meeting thereof held on September 7,
1999.
AGENCY SECRETARY
CITY 1 RANCHO PALOS VERDES
-2- RESOL. NO. RDA 99 -16
Project
RANCHO PALOS VERDES REDEVELOPMENT AGENCY
CONTINUING APPROPRIATIONS LIST
FY 1998 -99 to FY 1999 -00
(EXHIBIT A)
Amount Amount
P.O. Contractor/ Original P.O. Spent Thru Continued
Acct No. Number Vendor Budget Amount 6/30/99 FY 99-00
ABALONE COVE CAPITAL PROJECTS
Abalone Cove Drainage - Project 81 105,550
380 - 735 -35 22390 Willdan 15,000 5,500 9,500
380 - 735 -35 22576 Chicago Title 22,500 19,000 3,500
380 - 735 -35 22609 Ron Laurain 16,800 5,000 11,800
380 - 735 -35 22695 Vandermost 3,650 1,000 2,650
Subtotal 27 450
1 Abalone Cove Sewer - Project 83 278,050
v'' 380 - 735 -35 22387 Consoer Townsend 148,500 144,500 4,000
380 - 735 -35 22576 Chicago Title 22,500 19,000 3,500
380- 735 -35 22607 SA Associates 35,000 30,000 5,000
380 - 735 -35 22609 Ron Laurain 16,800 5,000 11,800
380 - 735 -35 22667 Willdan 10,000 5,400 4,600
Subtotal 28,900
tt Alta Mira Canyon - Project 84 60,000
tri (/) x 380- 735 -35 22538 Vandermost 14,200 11,000 3,200
r0 b 380- 735 -35 22695 Vandermost 3,650 1,000 2,650
• 1-1 Subtotal 5,850
H
Z
O Total Budget 443 600
: r ,
•
r
r
d TOTAL CARRYOVER 62,200
PJ trl
tri
C.1) x
O 1--4
r td
• H
H
Z
O
• td
PJ
d
cn
co
cr
RANCHO PALOS VERDES REDEVELOPMENT AGENCY
FY 1998 -99 BUDGET REDUCTIONS
(EXHIBIT B)
Estimated
Amount Budget
FY 98 -99 Spent Thru Reduction
Project Acct No. Budget 6/30/99 FY 98 -99
FROM PROJECTS PREVIOUSLY REBUDGETED TO FISCAL YEAR 1999 -00
Portuguese Bend Fund
Shoreline Feasibility Study - U.S. Army Corp of Engineers
(RDA Project #91)
375 - 725 -35 80,000 30,000 50,000
Abalone Cove Fund
Abalone Cove Sanitary Sewer System
(RDA Project # 83) 380 - 735 -82 1,771,950 0 1,771,950
Altamira Canyon Drainage Improvements 380 - 735 -35 60,000 40,400 19,600
(RDA Project # 84) 380- 735 -82 1,250,000 0 1,250,000
Abalone Cove Drainage Improvements
(RDA Project # 81) 380 - 735 -82 954,450 0 954,450
Total Rebudgets to Fiscal Year 1999 -00 4,046,000
Total Continuing Appropriations per attached Exhibit A 62,200
Total Fiscal Year 1998 -99 Budget Reductions 4,108,200