HomeMy WebLinkAboutSuccessor Reso 02-2020 (19-1020)City of South San Francisco P.O. Box 711 (City Hall,
400 Grand Avenue)
South San Francisco, CA
Successor Agency
Resolution: RES 02-2020
File Number: 19-1020 Enactment Number: RES 02-2020
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,
2020 THROUGH JUNE 30, 2021, 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buildings, and equipment of the former RDA and, except as repealed, restricted, or revised by the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 2020-21,
with detail for the July 1, 2020 through June 30, 2021 period ("Administrative Budget'); and
WHEREAS, the Oversight Board will review the Administrative Budget on January 13, 2020; and
WHEREAS, the Successor Agency desires to approve the Administrative Budget for Fiscal Year
2020-21.
NOW, THEREFORE, the Successor Agency to the Redevelopment Agency of the City of South San
Francisco, does hereby resolve as follows:
1. The Recitals set forth above are true and correct, and are incorporated herein by reference;
2. In accordance with HSC Section 341770), the Successor Agency hereby approves the
Administrative Budget for the period July 1, 2020 through June 30, 2021, attached hereto as
Exhibit A, contingent upon approval by the Oversight Board at its meeting on January 13,
2020.
City of South San Francisco Page 1
File Number: 19-1020 Enactment Number: RES 02-2020
3. 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 provide clarifications consistent with requirements of the State Department of
Finance and the intent of this Resolution;
4. 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 1/8/2020, a motion was made
by Vice Chair Addiego, seconded by Boardmember Nicolas, that this Resolution be approved. The motion
passed.
Yes: 5 Boardmember Nagales, Boardmember Matsumoto, Vice Chair Addiego, Chair
Garbarino, and Boardmember Nicolas
Attest by �& X'��
sa Govea Acosta, Clerk
City of South San Francisco Page 2
Exhibit A
Successor Agency to the Former South San Francisco Redevelopment Agency
ROPS 20‐21 Administrative Cost Allowance Budget
Period: 7/1/20 to 6/30/21
Description of Cost/Expense Amount
Staff salaries, benefits, and payroll taxes 120,000$
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 4,000$
Professional Services ‐ Legal, Meyers Nave 50,000$
Total 200,000$