2013-02 RESOLUTION NO. 2013- 02 oB
A RESOLUTION OF THE OVERSIGHT BOARD FOR THE SUCCESSOR
AGENCY TO THE COMMUNITY REDEVELOPMENT AGENCY OF THE
CITY OF GRAND TERRACE ADOPTING AN ADMINISTRATIVE BUDGET
FOR THE PERIOD JULY 1, 2013 THROUGH DECEMBER 31, 2013
WHEREAS, the Oversight Board for the Successor Agency to the Grand Terrace
Community Redevelopment Agency ("Oversight Board") has met and duly considered
administrative expenses of the Successor Agency for the period July 1, 2013 through
December 31, 2013, as presented in the Administrative Budget for the same period; and
WHEREAS, the administrative expenses listed in the Administrative Budget are
necessary costs and expenses in order to continue the Successor Agency through the
dissolution process provided for in ABx1 26 and AB 1484; and
WHEREAS, staff of the Successor Agency will also include administrative
expenses as presented in the Administrative Budget in the Recognized Obligation
Payment Schedule for the period July 1, 2013 through December 31, 2013 (ROPS 13-
14A).
NOW THEREFORE, BE IT RESOLVED by the Oversight Board, as follows:
SECTION 1. The Oversight Board finds and determines that the foregoing
recitals are true and correct.
SECTION 2. The Oversight Board approves and adopts the Administrative
Budget for the period July 1, 2013 through December 31, 2013, incorporated herein as
Exhibit "A".
SCETION 3. The Executive Director of the Successor Agency is hereby
authorized to transmit the Administrative Budget to the California Department of
Finance, County Auditor-Controller, and any other relevant agency. The Executive
Director is further authorized to carry out all other acts necessary and required by the
Health and Safety Code and any other relevant law.
PASSED, APPROVED, AND ADOPTED at a regular meeting of the Oversight Board for
the Successor Agency to the Community Redevelopment Agency of the City of Grand
Terrace, held on this the 20th day of February, 2013 by the following vote:
AYES: Board Members Shliields, MirandhL,. MorghL.hhnd Ferrhicone; Vice-ChWirman
Saks hind Chbiirman Stanckiewtiitz
NOES: None
ABSENT: None
ABSTAIN: None
Chair, Oversig oard of Successor
Agency to the Community Redevelopment
Agency of the City of Grand Terrace
Secretary, Oversi6ht Board
�1
Exhibit"A"
Successor Agency to the Community Redevelopment Agency of the City of Grand Terrace
Administrative Budget
Fiscal Year 2013-14
Full-Time ROPS 13-14A ROPS 13-14B
Equivalent Equivalent Equivalent (7/1/13- (1/1/14-
Position (FTE) % Salary Benefits Total 12/31/13) 6/30/14)
City Manager/Executive Director 0.50 $83,250 $56,305 $139,555 $69,778 $69,778
City ClerklSecretary 0.30 $16,608 $9,863 $26,471 .$13,236 $13,236
Community Development Director 0.25 $27,986 $15,838 $43,824 $21,912 $21,912
Dep. Community Dev. Director 0.25 $20,428 $10,791 $31,219 $15,610 $15,610
Account Clerk/Finance 0.21 $5,983 $3,167 $9,150 $4,575 $4,575
$154,255 $95,964 $250,219 $125,110 $125,110