HomeMy WebLinkAboutSA RES 15-02 SUCCESSOR AGENCY
TO THE
TUSTIN COMMUNITY REDEVELOPMENT AGENCY
RESOLUTION NO. 15-02
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
TUSTIN, CALIFORNIA, ACTING AS SUCCESSOR
AGENCY TO THE TUSTIN COMMUNITY
REDEVELOPMENT AGENCY, ADOPTING THE BUDGET
AND APPROPRIATING FROM THE ANTICIPATED
REVENUES OF THE SUCCESSOR AGENCY FOR THE
FISCAL YEAR 2015-2016
WHEREAS, in accordance with Section 1415 of the Tustin City code, the City
Manager has prepared and submitted to the City Council a Proposed Annual Budget for
the 2015-2016 fiscal year, beginning July 1, 2015; and
WHEREAS, the City Council, as the legislative body of the Successor Agency to
the Tustin Community Redevelopment Agency, has reviewed this proposed budget;
WHEREAS, the Successor Agency is limited to paying enforceable obligations
that have been approved by the Oversight Board and State Department of Finance on
the Recognized Obligation Payment Schedule;
NOW, THEREFORE, the City Council of the City of Tustin acting as the
Successor Agency to the Tustin Community Redevelopment Agency hereby resolves,
determines, and orders as follows:
SECTION 1. A certain document is on file in the office of the City Clerk of the City
of Tustin, being marked and designated "City of Tustin Proposed Biennial Budget 2015-
2017". Said document, as prepared by the City Manager and reviewed and adjusted by
the Council, is hereby adopted for the fiscal year commencing July 1, 2015;
SECTION 2. The Recognized Obligation Payment Schedule for July through
December 2015 has been approved by the Oversight Board and State Department of
Finance and posted on the City of Tustin website (www.tustinca.org);
SECTION 3. The following sums of money are hereby appropriated from the
anticipated revenues of the Successor Agency to the Tustin Community Redevelopment
Agency for the 2015-2016 fiscal year.
1
Successor Agency Resolution No. 15-02
Page 1 of 3
SUCCESSOR AGENCY II
Approved Recognized Obligation Payment Schedule for July through December 2015
paid from Redevelopment Property Tax Trust Fund:
Administrative Cost Allocation $ 250,000
Personnel 0
Operations 83,400
Debt Service 4,758,548
TOTAL $ 5,091,948
PASSED AND ADOPTED at a regular meeting of the Successor Agency to the
Tustin Community Redevelopment Agency held on the 16th day of June, 2015.
I
g‘. ,e,. (,‘„le A
CHARLES E. PUCKETT,
Mayor on behalf of the Successor Agency
ATTEST:
JEFF" ' . PARKER,
Cit / I- k .n behalf of the Successor Agency
I
Successor Agency Resolution No. 15-02
Page 2 of 3
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) SS
CITY OF TUSTIN )
I, Jeffrey C. Parker, City Clerk of the City of Tustin, California, acting as the Successor
Agency for the Tustin Community Redevelopment Agency, do hereby certify that the
whole number of the members of the Successor Agency is five; that the above and
foregoing Resolution No. 15-02 was duly assessed and adopted at a regular meeting
held on the 16TH day of June, 2015, by the following vote:
COUNCILPERSONS AYES: Puckett, Nielsen, Gomez, Murray, Bernstein (5)
COUNCILPERSONS NOES: None (0)
COUNCILPERSONS ABSTAINED: None (0)
COUNCILPERSONS ABSENT: None (0)
//
' A /et—
JEFA9* Y C. PARKER,
CiO di-r on behalf of the Successor Agency
Successor Agency Resolution No. 15-02
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