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HomeMy WebLinkAboutReso SPA 3-1983RESOLUTION NO. SPA-3-83 SURPLUS PROPERTY COMMISSION, CITY OF SOUTH SAN FRANCISCO, STATE OF CALIFORNIA A RESOLUTION APPROVING AND ADOPTING A BUDGET FOR THE SURPLUS PROPERTY AUTHORITY OF THE CITY OF SOUTH SAN FRANCISCO FOR THE LAST QUARTER OF FISCAL YEAR 1982-83 AND FISCAL YEAR 1983-84 BE IT RESOLVED by the Surplus Property Commission of the City of South San Francisco that: 1. The budget for the Surplus Property Authority of the City of South San Francisco for fiscal years 1982-83 and 1983-84, which budget is attached hereto as Exhibit "A" and incorporated herein by reference as though set forth verbatim, is hereby approved and adopted. I hereby certify that the foregoing Resolution was regularly introduced and adopted by the Surplus Property Authority of the City of South San Francisco at a special meeting held on the llth day of May , 1983, by the follow- i ng vote: AY ES: NOES: ABSENT: Commissioners Ronald G. Acosta, Mark N, Addieqo, Emanuele N. Damonte, Gus Nicolopulos; and Roberta Cerri Te~iia ~' None None ATTEST: ~Cle k~'~r EXHIBIT "A" CITY OF SOUTH SAN FRANCISCO SURPLUS PROPERTY AUTHORITY 1982-83 AND 1983-84 BUDGET 4203 4301 4321 4323 4329 4339 4411 4522 4709 EXPENDITURES Office Supplies Advertising Auditing Services Legal Services Other Professional Services Administration - City General Insurance Building Improvement Lease Purchase Payment 1982-83 (2 MONTHS) 50 14 MONTH 1983-84 TOTAL 100 150 500 500 (Expense will be incurred in 1984-85) 500 2,000 2,500 0 2,500 2,50O 1,800 8,700 10,500 0 2,000 2,000 0 5,0O0 5,0O0 295,000 254,290* 549,290 297,350 275,090 572,440 REVENUES From General Fund Reserves Rents 297,350 210,090 507,440 0 65,000 65,000 297,350 275,090 572,440 * 12% Interest 4/29183 4203 4301 4321 4323 4329 4339 4411 4522' 4709 Office Supplies Advertising Legal notices for rental of property. Auditing Services A separate audit to be performed by Deloitte Haskins & Sells Legal Services Attorney Herman Fitzgerald, as matters relate Redevelopment Project. to the entire Other Professional Services Title Company; GSA fees; appraiSal. Administration - City 1982-83 1983-84 Manager's Office 500 1,500 City Attorney 300 700 Finance 1,O00 5,500 DPS 1,O00 1,800 8,700 General Insurance Liability insurance 500 Treasurer's Bond 1,500 Building Improvement ~ To prepare building for presentation to potential lessee~ Lease Purchase Payment 1982-83 20% down 1983-84 Principal ll8,000 Interest 136,290