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					                                                                   –AGENDA–
                                                          GLENDALE REDEVELOPMENT AGENCY
                                                                             COUNCIL CHAMBER
                                                                                            nd
                                                                          613 E. Broadway, 2 Floor
                                                                              Glendale, CA 91206

Welcome to the meeting of the Glendale Redevelopment Agency. Meetings are broadcast live on cable channel 6 (GTV6) and rebroadcast throughout the week. Call (818) 548-
4013 for program schedules. DVDs of the proceedings are available for purchase in the City Clerk’s Office. Meetings are also archived on the City Website for viewing anytime at
www.ci.glendale.ca.us/video_archives.asp. If you have any question about matters on the agenda, or requests for assistance, please contact the Office of the City Clerk at (818)
548-2090 during regular business hours.

PLEASE TURN OFF CELLULAR PHONES AND PAGERS WHILE INSIDE THE COUNCIL CHAMBER.

In compliance with the Americans with Disabilities Act (ADA) of 1990, auxiliary hearing aids, sign language translation, and Braille transcripts are available upon request.
Assisted listening devices are available same-day upon request. At least 48 hours (or two business days) notice is required for requests regarding sign language translation and
Braille transcription services.

All documents related to open session items on this agenda that are received less than 72 hours prior to this meeting, and are public records, will be available for review in the
Office of the City Clerk, 613 E. Broadway, RM 110, Glendale, CA 91206.

                                                                            JUNE 28, 2011
       1. ROLL CALL

       2. CLOSED SESSION

       3. REGULAR BUSINESS AGENDA – 2:30 p.m.
          a. Roll Call
          b. Report of Secretary, re: Posting of Agenda. The Agenda for the June 28, 2011 regular meeting
             of the Glendale Redevelopment Agency was posted on Thursday, June 23, 2011 on the bulletin
             board outside City Hall.

       4. APPROVAL OF MINUTES
          a. Minutes of the Regular Redevelopment Agency Meetings and Joint City Council and
             Redevelopment Agency Meetings of Tuesdays, March 22nd and June 21st, 2011
                o Regular Redevelopment Agency Meeting - March 22nd
                o Regular Redevelopment Agency Meeting - June 21st
                o Joint City Council and Redevelopment Agency Meeting - March 22nd
                o Joint City Council and Redevelopment Agency Meeting - June 21st

       5. ORAL COMMUNICATIONS
          Discussion is limited to items NOT a part of this Agenda. Each Speaker is allowed 5 minutes.
          Members of the Redevelopment Agency may question or respond to the speaker, but there will be
          no debate or decision. The matter may be referred to staff through the Executive Director for
          investigation and report.

       6. BUSINESS AGENDA
          a. Director of Administrative Services – Finance, re: Adoption of the Redevelopment
             Agency Budget for FY 2011-2012
             1. Resolution Adopting Budget in the Amount of $50,613,195.

       7. AGENCY MEMBER/STAFF COMMENTS

       8. NEW BUSINESS

       9. ADJOURNMENT




                                                                                                                                               TYPED 6/23/2011 2:27 PM
                                                                                                                                                              06 28 11
                                                                                                                                                                  GRA
                               M I N U T E S
                      GLENDALE REDEVELOPMENT AGENCY
                              MARCH 22, 2011
1. ROLL CALL

2. CLOSED SESSION

3. REGULAR BUSINESS AGENDA – 2:47 p.m.
   a. Roll Call – Quintero: Absent
   b. Report of Secretary, re: Posting of Agenda. The Agenda for the
      March 22, 2011 regular meeting of the Glendale Redevelopment
      Agency was posted on Thursday, March 17, 2011 on the bulletin
      board outside City Hall.

4. APPROVAL OF MINUTES
   a. Minutes of the Joint City Council and Redevelopment Agency
      Meetings of Tuesdays, February 8th and February 15th, 2011

  Moved: Weaver                         Seconded:     Najarian
  Absent: Quintero
  The Minutes were approved as submitted.

5. ORAL COMMUNICATIONS
   Discussion is limited to items NOT a part of this Agenda. Each
   Speaker is allowed 5 minutes. Members of the Redevelopment Agency
   may question or respond to the speaker, but there will be no debate
   or decision. The matter may be referred to staff through the
   Executive Director for investigation and report.

6. BUSINESS AGENDA

7. AGENCY MEMBER/STAFF COMMENTS

8. NEW BUSINESS

9. ADJOURNMENT – 2:48 p.m.
Moved:    Weaver                         Seconded:    Najarian




                                                    Chair of the
                                           Glendale Redevelopment Agency




       Secretary of the
Glendale Redevelopment Agency
                                                                    03 22 11
                                                                        GRA

                                                                     4A
                              M I N U T E S
                      GLENDALE REDEVELOPMENT AGENCY
                              JUNE 21, 2011
1. ROLL CALL

2. CLOSED SESSION

3. REGULAR BUSINESS AGENDA – 3:22 p.m.
   a. Roll Call – All Present
   b. Report of Secretary, re: Posting of Agenda. The Agenda for the
      June 21, 2011 regular meeting of the Glendale Redevelopment
      Agency was posted on Thursday, June 16, 2011 on the bulletin
      board outside City Hall.

4. APPROVAL OF MINUTES
   a. Minutes of the Regular Redevelopment Agency and the Joint City
      Council and Redevelopment Agency Meetings of Tuesday, June 14,
      2011

  Moved: Najarian                       Seconded:     Weaver
  The Minutes were approved as submitted.

5. ORAL COMMUNICATIONS
   Discussion is limited to items NOT a part of this Agenda. Each
   Speaker is allowed 5 minutes. Members of the Redevelopment Agency
   may question or respond to the speaker, but there will be no debate
   or decision. The matter may be referred to staff through the
   Executive Director for investigation and report.

  Appearing: Herbert Molano and Mike Mohill
  Agency Member Friedman agreed with speaker Mohill, that Arts and
  Culture had not been a focus for Glendale in the past, but the
  trend was changing.

  Chair Manoukian requested that the plans for the green space
  adjacent to the ARC be agendized for a future meeting. City Manager
  Starbird indicated that it was scheduled for a meeting in the next
  couple of weeks.

6. BUSINESS AGENDA

7. AGENCY MEMBER/STAFF COMMENTS

8. NEW BUSINESS

9. ADJOURNMENT – 3:35 P.M.
Moved:    Quintero                       Seconded:    Friedman

       Secretary of the                             Chair of the
Glendale Redevelopment Agency              Glendale Redevelopment Agency
                                                                    06 21 11
                                                                        GRA

                                                                     4A
                               M I N U T E S
             JOINT MEETING OF THE GLENDALE CITY COUNCIL AND
                    THE GLENDALE REDEVELOPMENT AGENCY
                              MARCH 22, 2011
The Joint Public Meeting of the Glendale City Council and the
Glendale Redevelopment Agency convened in the Council Chamber, City
Hall, in said City, at 2:48 p.m. on the above date, pursuant to a
call for such meeting signed by the City Clerk/Secretary of the
Redevelopment Agency, and on file with the City Clerk, a copy of
which is as follows:
                                                         March 17, 2011
                                                                Date
      A JOINT PUBLIC MEETING of the Glendale City Council and the
Glendale Redevelopment Agency is hereby called to meet at 2:30 p.m.
on Tuesday, March 22, 2011, in the City Council Chamber, City Hall,
613 E. Broadway, 2nd Floor, Glendale, CA 91206, to consider the
following item of business, to wit;
1. PUBLIC HEARING: Directors of Public Works and of Community
   Development, re: Parking Standards in the Downtown Specific Plan
   (DSP)
   a. Council Resolution Adopting a Negative Declaration
   b. Ordinance for Introduction Amending Title 30 Relating to Parking
      Amendments in the DSP Zone
   c. Ordinance for Introduction Adding Chapter 1.26 Pertaining to
      Administrative Citations for Violations of Certain Provisions of
      Title 30 in Transportation Demand and Parking In-Lieu Fees
   d. Council Resolution Adopting Parking In-Lieu Fees for the DSP
      Area
   e. Council Resolution Adopting a Schedule of Civil Fines for
      Administrative Citations
2. PUBLIC HEARING: Director of Community Development, re: Museum of
   Neon Art Project (MONA) to be Located at 212-216 South Brand Bl.
   a. Agency Resolution Approving a Lease Agreement with MONA and
      Healthy and Safety Code Section 33433 Summary Report
   b. Council Resolution Approving a Lease Agreement with MONA and
      Healthy and Safety Code Section 33433 Summary Report
   c. Agency Motion Approving Stage I and II Design Review Subject to
      Comments and Conditions
   d. Agency Motion Approving Sign Variances Based on Findings and
      Conditions
   e. Council Resolution Making Health and Safety Code Section 33445
      Findings and Determination
   f. Agency Resolution Making Health and Safety Code Section 33445
      Findings and Determination
   g. Council Resolution Approving a Cooperation Agreement with the
      Agency
   h. Agency Resolution Approving a Cooperation Agreement with the
      City



                                                                      03 22 11
                                                                Joint CC GRA
                                   1
                                                                   4A
  3. Director of Community Development, re: East Side Brand Bl.
     Improvement Project Schematic Design of the Pedestrian Passage and
     Alley/Parking Lot Improvement
     a. Agency Motion Directing Staff to Proceed with the Design and
        Development Phase




                  Ardashes Kassakhian, City Clerk/Secretary
                                 - - - - - - -
  Written Notice of said meeting was given, which Notice consisted of a
  copy of the foregoing Call, and was served on each Member of the
  Council not joining in the Call, and upon the in said City not less
  than 24 hours before the time fixed in said Call for said meeting, as
  follows:
Upon John Drayman        at 5:00 p.m.    March 17, 2011     Glendale, CA
Upon Laura Friedman      at 5:00 p.m.    March 17, 2011     Glendale, CA
Upon Ara Najarian        at 5:00 p.m.    March 17, 2011     Glendale, CA
Upon Frank Quintero      at 5:00 p.m.    March 17, 2011     Glendale, CA
Upon Dave Weaver         at 5:00 p.m.    March 17, 2011     Glendale, CA

  Mayor Najarian called the meeting to order at 2:48 p.m.

  ROLL CALL - For the Glendale City Council – Quintero: Absent
            - For the Glendale Redevelopment Agency – Quintero: Absent
            - Report of the City Clerk of the Glendale City Council and
              the Secretary of the Glendale Redevelopment Agency, re:
              Posting of Agenda. The Agenda for the March 22, 2011
              joint public meeting of the Glendale City Council and the
              Glendale Redevelopment Agency was posted on Thursday,
              March 17, 2011 on the bulletin board outside City Hall.

  1. PUBLIC HEARING: Directors of Public Works and of Community
     Development, re: Parking Standards in the Downtown Specific Plan
     (DSP)

    Public Comment: Dennis De Pietro

    a. Council Resolution #11-58 Adopting a Negative Declaration

       Moved:     Weaver                    Seconded:   Friedman
       Vote as   Follows:
       Ayes:     Drayman, Friedman, Weaver, Najarian
       Noes:     None
     Absent:     Quintero
    Abstain:     None



                                                                         03 22 11
                                                                   Joint CC GRA
                                       2
  b. Ordinance for Introduction Amending Title 30 Relating to Parking
     Amendments in the DSP Zone

     Introduced by Councilmember Weaver

  c. Ordinance for Introduction Adding Chapter 1.26 Pertaining to
     Administrative Citations for Violations of Certain Provisions of
     Title 30 in Transportation Demand and Parking In-Lieu Fees

     Introduced by Councilmember Weaver

  d. Council Resolution #11-59 Adopting Parking In-Lieu Fees for the
     DSP Area

     Moved:     Weaver                    Seconded:   Friedman
     Vote as   Follows:
     Ayes:     Drayman, Friedman, Weaver, Najarian
     Noes:     None
   Absent:     Quintero
  Abstain:     None
  e. Council Resolution #11-60 Adopting a Schedule of Civil Fines for
     Administrative Citations

     Moved:     Weaver                    Seconded:   Friedman
     Vote as   Follows:
     Ayes:     Drayman, Friedman, Weaver, Najarian
     Noes:     None
   Absent:     Quintero
  Abstain:     None
2. PUBLIC HEARING: Director of Community Development, re: Museum of
   Neon Art Project (MONA) to be Located at 212-216 South Brand Bl.

  Public Comment:
  Kim Koga
  Kathie Foley-Meyer
  Anet Johnson
  Joy Feuer

  a. Agency Resolution #R-900 Approving a Lease Agreement with MONA
     and Healthy and Safety Code Section 33433 Summary Report

      Moved:    Drayman                   Seconded:   Najarian
     Vote as   Follows:
     Ayes:     Drayman, Najarian, Friedman
     Noes:     Weaver
   Absent:     Quintero
  Abstain:     None


                                                                       03 22 11
                                                                 Joint CC GRA
                                    3
b. Council Resolution #11-61 Approving a Lease Agreement with MONA
   and Healthy and Safety Code Section 33433 Summary Report

   Moved:     Drayman                   Seconded:   Friedman
   Vote as   Follows:
   Ayes:     Drayman, Friedman, Najarian
   Noes:     Weaver
 Absent:     Quintero
Abstain:     None
c. Agency Motion Approving Stage I and II Design Review Subject to
   Comments and Conditions

   Moved:     Drayman                   Seconded:   Najarian
   Vote as   Follows:
   Ayes:     Drayman, Najarian, Weaver, Friedman
   Noes:     None
 Absent:     Quintero
Abstain:     None
d. Agency Motion Approving Sign Variances Based on Findings and
   Conditions

   Moved:     Drayman                   Seconded:   Najarian
   Vote as   Follows:
   Ayes:     Drayman, Najarian, Weaver, Friedman
   Noes:     None
 Absent:     Quintero
Abstain:     None
e. Council Resolution #11-62 Making Health and Safety Code Section
   33445 Findings and Determination

   Moved:     Drayman                   Seconded:   Friedman
   Vote as   Follows:
   Ayes:     Drayman, Friedman, Najarian
   Noes:     Weaver
 Absent:     Quintero
Abstain:     None
f. Agency Resolution R-901 Making Health and Safety Code Section
   33445 Findings and Determination

   Moved:     Drayman                   Seconded:   Najarian
   Vote as   Follows:
   Ayes:     Drayman, Najarian, Friedman
   Noes:     Weaver
 Absent:     Quintero
Abstain:     None


                                                                     03 22 11
                                                               Joint CC GRA
                                  4
  g. Council Resolution #11-63 Approving a Cooperation Agreement with
     the Agency

     Moved:     Drayman                   Seconded:   Friedman
     Vote as   Follows:
     Ayes:     Drayman, Friedman, Najarian
     Noes:     Weaver
   Absent:     Quintero
  Abstain:     None
  h. Agency Resolution #R-902 Approving a Cooperation Agreement with
     the City

     Moved:     Drayman                   Seconded:   Najarian
     Vote as   Follows:
     Ayes:     Drayman, Najarian, Friedman
     Noes:     Weaver
   Absent:     Quintero
  Abstain:     None
3. Director of Community Development, re: East Side Brand Bl.
   Improvement Project Schematic Design of the Pedestrian Passage and
   Alley/Parking Lot Improvement
   a. Agency Motion Directing Staff to Proceed with the Design and
      Development Phase

     Moved:     Najarian                  Seconded:   Weaver
     Vote as   Follows:
     Ayes:     Drayman, Najarian, Weaver, Friedman
     Noes:     None
   Absent:     Quintero
  Abstain:     None
  Councilmember Drayman requested for the item to be reconsidered and
  Chair Friedman seconded. The vote was the same.

ADJOURNMENT:     4:42 p.m.

                 - For the Glendale City Council
                   Moved:   Weaver        Seconded:   Drayman

                 - For the Glendale Redevelopment Agency
                   Moved:   Najarian      Seconded:  Weaver


           City Clerk                          Mayor of the
    of the City of Glendale                  City of Glendale

       Secretary of the                          Chair of the
Glendale Redevelopment Agency           Glendale Redevelopment Agency
                                                                        03 22 11
                                                                  Joint CC GRA
                                    5
                                M I N U T E S
            JOINT PUBLIC MEETING OF THE GLENDALE CITY COUNCIL AND
                      THE GLENDALE REDEVELOPMENT AGENCY
                                JUNE 21, 2011
  The Joint Public Meeting of the Glendale City Council and the
  Glendale Redevelopment Agency convened in the Council Chamber, City
  Hall, in said City, at 3:35 p.m. on the above date, pursuant to a
  call for such meeting signed by the City Clerk/Secretary of the
  Redevelopment Agency, and on file with the City Clerk, a copy of
  which is as follows:
                                                             June 16, 2011
                                                                  Date
        A JOINT PUBLIC MEETING of the Glendale City Council and the
  Glendale Redevelopment Agency is hereby called to meet at 2:30 p.m.
  on Tuesday, June 21, 2011, in the City Council Chamber, City Hall,
  613 E. Broadway, 2nd Floor, Glendale, CA 91206, to consider the
  following item of business, to wit;
  1. Director of Community Development, re: Project Design Update for
     the Wilson/Maryland Lofts at 111 E. Wilson Av. and 215 N. Maryland
     Av.
     a. Motion Providing Direction to Staff on Potential Changes to
        include Subterranean Parking




                Ardashes Kassakhian, City Clerk/Secretary
                               - - - - - - -
  Written Notice of said meeting was given, which Notice consisted of a
  copy of the foregoing Call, and was served on each Member of the
  Council not joining in the Call, and upon the in said City not less
  than 24 hours before the time fixed in said Call for said meeting, as
  follows:
Upon Laura Friedman      at 5:00 p.m.    June 16, 2011      Glendale, CA
Upon Rafi Manoukian      At 5:00 p.m.    June 16, 2011      Glendale, CA
Upon Ara Najarian        at 5:00 p.m.    June 16, 2011      Glendale, CA
Upon Frank Quintero      at 5:00 p.m.    June 16, 2011      Glendale, CA
Upon Dave Weaver         at 5:00 p.m.    June 16, 2011      Glendale, CA

  Mayor Friedman called the meeting to order at 3:35 p.m.

  ROLL CALL - For the Glendale City Council – All Present
            - For the Glendale Redevelopment Agency – All Present
            - Report of the City Clerk of the Glendale City Council and
              the Secretary of the Glendale Redevelopment Agency, re:
              Posting of Agenda. The Agenda for the June 21, 2011 joint
              public meeting of the City Council and Redevelopment
              Agency was posted on Thursday, June 16, 2011 on the
              bulletin board outside City Hall

                                                                         06 21 11
                                                                   Joint CC GRA
                                     1
                                                                      4A
1. Director of Community Development, re: Project Design Update for
   the Wilson/Maryland Lofts at 111 E. Wilson Av. and 215 N. Maryland
   Av.

  Presenting:
  Community Development Chief Assistant Director Phil Lanzafame
  Representing the Project:
  Rodney Khan, Khan Consulting
  Marc Nathanson, Mapleton/RDS
  Greg Laemmle, President and Managing Partner, Laemmle Theatres
  Jay Reisbaum, Sr. VP Laemmle Theatres
  Jason Tolleson, Developer

  Public Comment:
  Aram Kazazian
  Mike Mohill

  City Manager Starbird read an email from Caruso Affiliated Sr. VP,
  Rick Lemmo, encouraging approval, on behalf of Rick Caruso and
  himself.

  a. Agency Motion Directing Staff to complete an economic analysis
     for the proposed project modifications to add a subterranean
     parking garage, and complete all documentation related thereto
     for review and approval by the Agency

     Moved:     Quintero                  Seconded: Najarian
     Vote as   Follows:
     Ayes:     Friedman, Najarian, Quintero, Manoukian
     Noes:     Weaver
   Absent:     None
  Abstain:     None

ADJOURNMENT:    4:43 p.m.

                - For the Glendale City Council
                  Moved:   Najarian      Seconded:    Quintero

                - For the Glendale Redevelopment Agency
                  Moved:   Quintero      Seconded:  Friedman


                                               Mayor of the
           City Clerk                        City of Glendale
    of the City of Glendale

                                                 Chair of the
                                        Glendale Redevelopment Agency
       Secretary of the
Glendale Redevelopment Agency

                                                                        06 21 11
                                                                  Joint CC GRA
                                    2
FORM CM -37




                  CITY OF GLENDALE CALIFORNIA
              REPORT TO THE REDEVELOPMENT AGENCY


June 28, 2011

AGENDA ITEM
Adoption of the 2011-12 Glendale Redevelopment Agency Budget

1) Resolution Adopting 2011-12 Glendale Redevelopment Agency Budget

AGENCY ACTION


Public Hearing [    I     Ordinance [   I   Consent Calendar [   I   Action Item [X I Report Only [   I
Approved fori/l'lJiYI f    b~ M il      calendar.
                v
ADMINISTRATIVE ACTION
                                                                                  Signature


                                                                          ~~
Submitted
  Robert P. Elliot, Director of Administrative Services - Finance

Prepared
   Michelle Nguyen , Sr. Budget Analyst •••••••• ••••••••. ~"1u.,'''-'k')1~

Approved

    James E. Starbird , City Manager                                 :~~~~~~=::::;
Rev~~:;~. Howard , City Attorney.....           ........ ... <.. .                  .-           ~
    Hassan Haghani , Director of Community Development ••••• ~~~~~?,.--,A~~::':::~~

    Philip Lanzafame, Chief Assistant Dir. of Comm. Developmentl,f1~~4c~~~/--ctJ

    Jason Bradford , Budget Administrator ........ .... ..... .......... " --fO-~f::l.~~rz~'!.)~~::"
RECOMMENDATION
It is recommended that the Agency adopt the 2011-12 Glendale Redevelopment Agency
Budget.


SUMMARY
Section 33606 of the California Health and Safety Code requires that all Redevelopment
Agencies adopt an annual budget.

The proposed Glendale Redevelopment Agency budget for the upcoming year along with the
future outlook and challenges faced with the various operations was presented and discussed
at the joint meeting/budget study session held in May 2011. This process gave the Agency the
opportunity to review the Agency budget and the opportunity to ask questions and make
modifications. The proposed 2011-12 Agency budget detailed an appropriation of $50,613 ,195.


FISCAL IMPACT
This report presents the annual proposed 2011-12 Glendale Redevelopment Agency Budget to
the Agency for adoption.


BACKGROUND
The purpose of the Glendale Redevelopment Agency under California Redevelopment Law is
to remove blight. The blighting factors can be addressed and resolved by forming
redevelopment project areas within the City and by investing the property tax increment
generated by the development activity back into the project areas. The Agency 's core services
include Redevelopment for the Central Glendale and San Fernando Road Corridor project
areas, Large Scale Project Management, Economic Development, Centralized Acquisition, and
Support to Planning Division.

The Glendale Redevelopment Agency has the responsibility for the Central Glendale
Redevelopment Project Area (I), the San Fernando Road Corridor Redevelopment Project
Area (II), the 2002 Tax Allocation Bond Proceeds (Town Center), the Grand Central Creative
Campus, and the San Fernando Road Corridor Tax Sharing. In addition, the Glendale
Redevelopment Agency's general obligation debt includes the 2002 GRA Tax Allocation Bond
Fund , the 2003 GRA Tax Allocation Bond Fund, the 2010 GRA Tax Allocation Bond Fund and
the Non-Housing portion of the 2011 GRA Tax Allocation Bond Fund.

In 2002, the Agency issued $48 million in Tax Allocation Bonds to fund improvements in the
Central Project Area, primarily the Town Center Project. In 2003, the Agency issued $59
million tax allocation refunding bonds borrowing at a lower rate to pay its outstanding 1993 Tax
Allocation Bonds . In recent years, the Agency issued new Tax Allocation Bonds of $26 million
in 2010 and another $50 million in 2011 to fund Capital Improvement Projects. When issuing
long term debt, the amortization schedule is normally set up much like a mortgage, wherein,
the payments are constant with increasing principal and decreasing interest in future years.

The City and the Agency entered into cooperation agreements through which the City agreed
to loan funds to the Central Redevelopment and the San Fernando Road Corridor
Redevelopment project areas to begin redevelopment before tax increment accumulation.
Repayment of the advance funding is made annually. The City Loan balance was $71 million
at June 30, 2010.

The 2011-12 Budget for each of the Project Areas and Bond Funds is detailed in the attached
exhibit.


CONCLUSION
It is therefore recommended that the Agency adopt the 2011-12 Glendale Redevelopment
Agency Budget in the amount of $50,613 ,195 pursuant to the attached Resolution.


EXHIBITS
2011-12 Glendale Redevelopment Agency Budget Summary
                             GLENDALE REDEVELOPMENT AGENCY
                   SUMMARY OF THE BUDGET FOR THE YEAR ENDING JUNE 30,2012

                                                  240                     241                   244

                                                 GRA                     GRA
                                             Administrative          Administrative         GRA Central
                                                Fund I                  Fund"               Project Fund
ESTIMATED FINANCING RESOURCES
  Revenue
     Property Taxes                                9 ,576,758              6,790 ,255
     Use of Money and Property                        980,000                 20,000                  65,000
     Revenue from Other Agencies
     Charges for Services                               16,000
     Mise and Non·Operating Revenue                     20,000
     Transfers from Other Funds
     Fund Balance-Prior Year                      12,891 ,695                 50,326
                     TOTAL RESOURCES     $        23,484,453     $         6,860,581    $             65,000

ESTIMATED REQUIREMENTS
  Expenditures
     Salaries and Benefits                         2,093,804                  291 ,208
     Main tenance and Operations                  11,777,649               5,315,373
     Capital Projects                              9,613 ,000                 649,000
     Transfers to Other Funds                                                 605,000
                TOTAL APPROPRIATIONS     $        23,484,453     $         6 ,860,581 $
     Unallocated                                                                                      65,000
                           GRAND TOTAL   $        23,484,453     $         6,860,581    $             65,000
                          GLENDALE REDEVELOPMENT AGENCY
                SUMMARY OF THE BUDGET FOR THE YEAR ENDING JUNE 30, 2012

                                               245               246                   247

                                           Grand Central
                                          Creative Campus   SF Rd Corridor     2010 Tax Allocati on
                                                Fund        Tax Share Fund           Bonds
ESTIMATED FINANCING RESOURCES
  Revenue
    Property Taxes
    Use of Money and Property                     50 ,000           170,000               350,000
    Revenue from Other Agencies                                   2,300,000
    Charges for Services
    Mise and Non-Operating Revenue
    Transfe rs from Other Funds                  605 ,000
    Fund Balance-Prior Year                                                             3,925,000
                       TOTAL RESOURCES    $      655 ,000   $     2,470 ,000   $        4,275,000

ESTIMATED REQUIREMENTS
  Expenditures
    Salaries and Benefits
    Maintenance and Operations
    Capital Projects                             605 ,000                               4,275,000
    T rans fe rs to Other Funds
               TOTAL APPROPRIATIONS       $      605,000    $                  $        4,275,000
    Unallocated                                   50 ,000         2,470,000
                            GRAND TOTAL   $      655 ,000   $     2,470 ,000   $        4,275,000
                                  GLENDALE REDEVELOPMENT AGENCY
                        SUMMARY OF THE BUDGET FOR THE YEAR ENDING JUNE 30,2012

                                                   248                                  302              304

                                                2011 TABs -                         2003 GRA Tax     2002 GRA Tax
                                              Redevelopment                           Allocation       Allocation
                                                  Project            Sub-Total          Bonds            Bonds
ESTIMATED FINANCING RESOURCES
  Revenue
     Property Taxes                                                   16,367 ,013       4,802 ,600       3,812 ,000
     Use of Money and Property                                         1,635 ,000         100,000          110,000
     Revenue from Other Agencies                                       2,300 ,000
     Charges for Services                                                 16,000
     Mise and Non-Operating Revenue                                       20,000
     Transfers from Other Funds                                          605,000
     Fund Balance-Prior Year                        1,881,000         18,748 ,021
                    TOTAL RESOURCES       $         1,881 ,000   $    39,691 ,034   $   4,902,600    $   3,922,000

ESTIMATED REQUIREMENTS
  Expenditures
     Salaries and Benefits                                             2,385 ,012
     Maintenance and Operations                                       17,093 ,022       4,802 ,600       3,812 ,000
     Capital Projects                               1,881,000         17,023 ,000
     Transfers to Other Funds                                             605,000
                TOTAL APPROPRIATIONS      $         1,881 ,000   $    37 ,106,034   $   4,802 ,600   $   3,812 ,000
     Unallocated                                                       2,585 ,000         100,000          110,000
                           GRAND TOTAL    $         1,881,000 $       39,691,034    $   4,902,600    $   3,922,000
                        GLENDALE REDEVELOPMENT AGENCY
              SUMMARY OF THE BUDGET FOR THE YEAR ENDING JUNE 30, 2012

                                              308               309· 701

                                          2010 GRA Tax     2011 GRA Tax
                                            Allocation         Allocation
                                              Bonds              Bonds             Total
ESTIMATED FINANCING RESOURCES
  Revenue
     Property Taxes                           1,462,025           3,430 ,536       29,874,174
     Use of Money and Property                                                      1,845,000
     Revenue from Other Agencies                                                    2,300,000
     Charges for Services                                                              16,000
     Mise and Non-Operating Revenue                                                    20,000
     Transfers from Other Funds                                                       605,000
     Fund Balance-Prior Year                                                       18,748 ,021
                        TOTAL RESOURCES   $   1,462 ,025   $      3,430,536    $   53,408 ,195

ESTIMATED REQUIREMENTS
  Expenditures
     Salaries and Benefits                                                          2,385,012
     Maintenance and Operations               1,462,025           3,430 ,536       30,600,183
     Capital Projects                                                              17,023,000
     Transfers to Other Funds                                                          605,000
                TOTAL APPROPRIATIONS      $   1,462 ,025   $      3,430 ,536   $   50 ,613,195    "-
     Unallocated                                                                    2,795 ,000
                           GRAND TOTAL    $   1,462,025    $      3,430,536    $   53 ,408 ,195
                              RESOLUTION NO._ _ __

             RESOLUTION ADOPTING THE GLENDALE REDEVELOPMENT
                 AGENCY BUDGET FOR THE 2011·12 FISCAL YEAR

WHEREAS. the Glendale Redevelopment Agency desires to adopt its budget for the 2011· 12
fiscal year;

WHEREAS, State Law requires that all Redevelopment Agencies adopt an annual budget;

WHEREAS, the Agency hereby determines that the planning and administrative expenses
provided in the Budget to be made from the Low and Moderate Income Housing Fund are
necessary for the production, improvement or preservation of low- and moderate-income
housing;

WHEREAS, a proposed Budget was presented to the Redevelopment Agency before June 1,
2011 totaling $50,613,195.

NOW, THEREFORE BE IT RESOLVED , that the amount of $50,613,195 shall constitute the
2011· 12 Glendale Redevelopment Agency budget.

Adopted this _ _ _ __ day of June, 2011.


                                                  Chairperson of the Glendale
                                                   Redevelopment Agency
ATTEST:
                                                         CITY OF GLENDALE
                                                         DATE c.,/;;>I/:i:W11
      Secretary of the Glendale                          APPROVED AS TO"FINANCIAL "-
      Redevelopment Agency                               PROVISION FOR $ 50,(013,IQo;

STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) SS
CITY OF GLENDALE   )

    I, Ardashes Kassakhian, Secretary of the Redevelopment Agency of the City of Glendale,
California, do certify that the foregoing Resolution No.               was adopted by the
Redevelopment Agency of the City of Glendale, California , and signed by the Chairman at a
regular meeting thereof held on the                day of June, 2011 and that the same was
passed by the following vote:

  Ayes:

  Noes:

  Absent:
       APPROVED ~~ TO FORM
        .
   C-::s-......   _~
                                        Secretary, Redevelopment Agency of
                                          the City of Glendale, California      6A1
                  CITY An-OANEY
      DATE   (' -Z "3-//

				
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