The URL can be used to link to this page

Home My WebLink AboutMINUTES - 06221999 - C208 i r . Contra Costa TO: REDEVELOPMENT AGENCY � County FROM: Phil Batchelor Executive Director DATE: June 22, 1999 SUBJECT: FY 98/99 Budget Amendments SPECIFIC REQUEST(S) OR RECOMMENDATIONS(S) & BACKGROUND AND JUSTIFICATION RECOMMENDATIONS ADOPT Amendments to the Redevelopment Agency's FY 98/99 budget. FISCAL IMPACT No General Fund revenues involved. BACKGROUND/R AS.ONS FOR RECOMMENDATIONS The Redevelopment Agency adopted its FY 98/99 budget on November 3, 1998. Since that time additional revenues have been received, and project area committees have recommended changes. The attached Budget Amendment Specifications denote the changes. CONTINUED ON ATTACHMENT; X YES SIGNATURE: RECOMMENDATION OF EXECUTIVE DIRECTOR OECOMMEN O ATION OF ENCY COMMITTEE 1' APPROVE OTHER SIGNATURE(S): ACTION OF AGENCY ON =�&Zae 2A,4,yff, APPROVED AS RECOMMENDED OTHER VOTE OF COMMISSIONERS I HEREBY CERTIFY THAT THIS IS A UNANIMOUS (ABSENT o� ) TRUE AND CORRECT COPY OF AN AYES: NOES: ACTION TAKEN AND ENTERED ON THE ABSENT: ABSTAIN: MINUTES OF THE REDEVELOPMENT AGENCY ON THE DATE SHOWN. Contact: Jim Kennedy 335-1255 ATTESTED 9P , ' -,3P org: Redevelopment PHIL BATCHELOR cc: CAO AGENCY SECRETARY County Counsel Auditor-Controller Community Development Dept. BY , DEPUTY DAJb\wp6198071bugetamd.bos Amendment to Budget: "A. Revenues and Expenses Uses Sources Bond Tax Increment Proceeds -Gapital Funds Capital Funds Other Total $170,24 $170,248 Unallocated Capital Funds $145,248 City of Oakley Transition $ 25,000 $ 25,000 3. Rodeo Description: Increase revenue by $2,500 to reflect a larger contribution of Rodeo MAC funds to 189/199 Parker Avenue Building Renovating (Resident Deputy Space) Amendment to Budget "A. Revenues and Expenses ses Sources Tax Increment- Tax Increment Other Capital Funds Housing Revenue Total 189/199 Parker Avenue Building Renovation $10,000 - $5,000 $15,809 $7,500 $17,500g DAjbodsta\9807tbu dgatamd.bos FY 98/99 BUDGET AMENDMENT SPECIFICATIONS 1. Pleasant Hill BART Station Area Description: Increase revenue by $61,875 to reflect fiber optics cable franchise revenues. Allocate to "Unallocated Capital Funds.,, Amendment to Budget: "A. Revenues and Expenses ses Sources Tax Increment- Other Revenue Total Capital Project $125,$88 $330,914 $205,914 $186,875 $392,789" Unallocated Capital Funds 2. Oakley (a) Description: Designate "Unallocated Capital Funds" of$25,000 for City of Oakley transition.