HomeMy WebLinkAboutSuccessor Reso 02-2019 (18-1141)City of South San Francisco
Successor Agency
Resolution: RES 02-2019
File Number: 18-1141
P.O. Box 711 (City Hall,
400 Grand Avenue)
South San Francisco, CA
Enactment Number: RES 02-2019
RESOLUTION OF THE SUCCESSOR AGENCY TO THE FORMER
REDEVELOPMENT AGENCY OF THE CITY OF SOUTH SAN FRANCISCO
REVIEWING AND APPROVING THE SUCCESSOR AGENCY
ADMINISTRATIVE BUDGET FOR THE PERIOD JULY 1, 2019 THROUGH JUNE
30, 2020, PURSUANT TO HEALTH AND SAFETY CODE SECTION 34177(J)
WHEREAS, pursuant to Part 1.85 of Division 24 of the California Health and Safety Code (HSC)
Section 34170 et seq. (Dissolution Act), the Former Redevelopment Agency of the City of South San
Francisco (RDA) was dissolved as of February 1, 2012; and
WHEREAS, the Successor Agency to the Former Redevelopment Agency of the City of South San
Francisco (Successor Agency) succeeded to all assets, properties, contracts, leases, books and records,
buildings, and equipment of the former RDA and, except as repealed, restricted, or revised by the
Dissolution Act, was vested with all authority, rights, powers, duties and obligations under the
California Community Redevelopment Law (HSC Section 33000 et seq.) previously vested with the
former RDA; and
WHEREAS, HSC Section 341770) requires the Successor Agency to prepare a proposed administrative
budget and submit it to the San Mateo Countywide Oversight Board ("Oversight Board") for approval;
and
WHEREAS, Successor Agency staff has prepared an administrative budget for Fiscal Year 2019-20, with
detail for the July 1, 2019 through June 30, 2020 period (Administrative Budget); and
WHEREAS, the Oversight Board will review the Administrative Budget on January 14, 2019; and
WHEREAS, the Successor Agency desires to approve the Administrative Budget for Fiscal Year
2019-20.
NOW, THEREFORE, the Successor Agency to the Redevelopment Agency of the City of South San
Francisco, does hereby resolve as follows:
The Recitals set forth above are true and correct, and are incorporated herein by reference;
In accordance with HSC Section 341770), the Successor Agency hereby approves the Administrative
Budget for the period July 1, 2019 through June 30, 2020, attached hereto as Exhibit B, contingent upon
approval by the Oversight Board at its meeting on January 14, 2019.
The City Finance Director or designee is authorized to modify the Administrative Budget to correct
errors, to update it if necessary as a result of subsequent review by the Oversight Board, and
City of South San Francisco Page 1
File Number., 18-1141
Enactment Number. RES 02-2019
provide clarifications consistent with requirements of the State Department of Finance and the intent of
this Resolution;
The Executive Director of the Successor Agency or designee is authorized and directed to take all
actions necessary to implement this Resolution, including without limitation, the submittal of the
Administrative Budget to the Oversight Board.
At a meeting of the Special Successor Agency to the Redevelopment Agency on 1/9/2019, a motion was made
by Mark Addiego, seconded by Mark Nagales, that this Resolution be approved. The motion passed.
Yes: 5 Chairperson Matsumoto, Addiego, Vice Chair Garbarino, Nagales, and Nicolas
i
Attest by a
osa Govea Acosta
City of South San Francisco Page 2
Successor Agency to the Former South San Francisco Redevelopment Agency
ROPS 19-20 Administrative Cost Allowance Budget
Period: 7/1/19 to 6/30/20
Description of Cost/Expense Amount
Staff salaries, benefits, and payroll taxes 170,035$
Overhead costs and supplies 1,000$
Professional Services - SA Consulting, RSG, Inc. (prepare ROPS, PPA,
cash flow/budgeting, DOF and County Coordination)25,000$
Professional services - Auditors 3,965$
Professional Services - Legal, Meyers Nave 50,000$
Total 250,000$
EXHIBIT B