HomeMy WebLinkAboutOB Reso No 2012-004RESOLUTION NO. OB- 2012 -004
A RESOLUTION OF THE OVERSIGHT BOARD TO THE
SUCCESSOR AGENCY OF THE REDEVELOPMENT AGENCY OF
THE CITY OF LAKE ELSINORE APPROVING AN
ADMINISTRATIVE BUDGET FOR THE SUCCESSOR AGENCY
WHEREAS, the Oversight Board to the Successor Agency of the
Redevelopment Agency of the City of Lake Elsinore ( "Oversight Board ") has been
established to direct the Successor Agency to take certain actions to wind down the
affairs of the Redevelopment Agency in accordance with the California Health and
Safety Code; and
WHEREAS, the Oversight Board desires to approve an administrative budget for
the Successor Agency of the Redevelopment Agency of the City of Lake Elsinore,
subject to the adoption thereof by the Successor Agency.
NOW, THEREFORE, THE OVERSIGHT BOARD TO THE SUCCESSOR
AGENCY OF THE REDEVELOPMENT AGENCY OF THE CITY OF LAKE ELSINORE
DOES HEREBY RESOLVE, DETERMINE AND ORDER AS FOLLOWS:
SECTION 1. The Administrative Budget, a copy of which is attached hereto and
incorporated herein as Exhibit "A " , is hereby approved, subject to the adoption thereof
by the Successor Agency of the Redevelopment Agency of the City of Lake Elsinore.
SECTION 2. This Resolution shall take effect from and after the date of its
passage and adoption.
PASSED, APPROVED AND ADOPTED at a special meeting of the Oversight Board to
the Successor Agency of the Redevelopment Agency of the City of Lake Elsinore, held
this 10 day of April, 2012.
Brian Tis ale, Chairperson Oversight Board
to the Successor Agency of the
Redevelopment Agency of the City of Lake
Elsinore
Virginia J.
Oversight
EXHIBIT "A"
ADMINISTRATIVE BUDGET
SUCCESSOR AGENCY TO THE
REDEVELOPMENT AGENCY OF THE CITY
OF LAKE ELSINORE
ADMINISTRATIVE BUDGET
FEBRUARY TO JUNE 2012
DESCRIPTION
AMOUNT
City Staff Support Costa
$ 205,250
Operating Costs:
Professional / Outside Services
37,300
Travel & Meetings
2,500
Training & Education
2,000
Office Supplies
6,000
Postage & Freight
1,500
Bank Fees
500
Other Misc Expenses
8,000
Total Operating' Costs
57,800
Total Administrative Budget
S 263,050
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) ss.
CITY OF LAKE ELSINORE )
I, Virginia J. Bloom, Oversight Board Secretary and City Clerk of the City of Lake
Elsinore, California, hereby certify that Resolution No. OB -2012 -004 was adopted by the
Oversight Board to the Successor Agency of the Redevelopment Agency of the City of
Lake Elsinore, California, at a regular meeting held on the 10 day of April 2012, and
that the same was adopted by the following vote:
AYES: Chairman Tisdale, Vice Chair Schultz, and Board Members Carlson,
Oster, Kelley, Lillibridge and Williams
NOES: None
ABSENT: None
ABSTAIN: None
Virgin ia \Bloom, Uity Clerk
Oversig oarq *retary