HomeMy WebLinkAbout14-05 SARDA ResolutionRESOLUTION NO. SARDA 14 -05
' A RESOLUTION OF THE BOARD OF DIRECTORS OF
THE SUCCESSOR AGENCY TO THE TEMECULA
REDEVELOPMENT AGENCY ADOPTING THE FISCAL
YEAR 2014 -15 ANNUAL OPERATING BUDGET AND
ESTABLISHING CONTROLS ON CHANGES IN
APPROPRIATIONS
THE BOARD OF DIRECTORS OF THE SUCCESSOR AGENCY TO THE
TEMECULA REDEVELOPMENT AGENCY DOES HEREBY RESOLVE AS FOLLOWS:
Section 1. That the fiscal year 2014 -15 SARDA operating budget is hereby
adopted.
Section 2. That the following controls are hereby placed on the use and
transfers of budget appropriations:
A. No expenditure of funds shall be made unless4he Oversight Board of the
Successor Agency to the Temecula Redevelopment Agency has adopted a resolution
approving the fiscal year 2014 -15 SARDA operating budget and the State Department
of Finance has approved the expenditure on the Recognized Obligation Payment
' Schedule (ROPS), pursuant to Health and Safety Code Section 34177.
B. The Department Director may prepare a transfer of appropriations within
departmental budget accounts, with the approval of the Executive Director.
C. The Agency Board must authorize any increase in regular personnel
positions above the level indicated in the final budget. The Executive Director may
authorize the hiring of temporary or part-time staff as necessary within the limits
imposed by the controls listed above.
D. The Executive Director may authorize expenditures of funds in amounts
up to $30,000. Any expenditure of funds in excess of $30,000 requires Agency Board
action.
E. The Executive Director may authorize Public Works contracts in amounts
up to $30,000. Any expenditure of Public Works funds in excess of $30,000 require
Agency Member action, except that the Executive Director may approve change orders
on Public Works contracts approved by the Agency Board in amounts up to the project
contingency established by the Agency Board.
F. Pursuant to Section 3.28.130 of the Municipal Code, the Executive
Director may authorize purchases of supplies and equipment in amounts up to $30,000.
' Any purchases of supplies and equipment in excess of $30,000 shall be awarded to the
lowest responsible bidder pursuant to formal bid procedures and require Agency Board
SARDA Resos 14 -05 1
action, except that the Executive Director may approve change orders on purchases of
' supplies and equipment approved by the Agency Board in amounts up to the
contingency established by Agency Board.
G. Pursuant to Section 3.28.250 of the Municipal Code, purchases of
supplies and equipment of an estimated value of $30,000 or less, may be made by the
purchasing agent in the open market pursuant to the procedure prescribed in Sections
3.28.260 through 3.28.280 and without observing the procedure prescribed in Sections
3.28.130 through 3.28.240; provided, however, that all bidding may be dispensed with
for purchases of supplies and equipment having a total estimated value of $5,000 or
less.
Section 3. The Finance Director is authorized to make temporary short term
interfund loans between appropriate funds in order to cover short term cash needs
caused by cash flow timing differences. These interfund loans must have an identified
repayment source.
Section 4. Outstanding encumbrances shown on the Agency books at June
30, 2014, are hereby appropriated for such contracts or obligations for Fiscal Year
2014 -15.
Section 5. There are numerous occasions when small dollar valued purchases
' must be made for or on behalf of the Agency; and it is appropriate that a petty cash fund
be used to provide for the purchase of these smaller dollar valued items; now, therefore,
the Board of Directors of the Successor Agency to the Temecula Redevelopment
Agency of the City of Temecula does hereby resolve, determine, and order as follows:
A. There is hereby established a renewable petty cash fund to be maintained
in the Accounting and Purchasing Department.
B. The imprest balance amount of the petty cash fund shall be $3,000.
C. Vouchers, receipts, or other evidence of payment shall be required before
reimbursement shall be made from said petty cash fund, in such form as shall be
required by Finance Director.
Section 6. The Agency Secretary shall certify adoption of the resolution.
SARDA Resos 14 -05 2
PASSED, APPROVED, AND ADOPTED by the Board of Directors of the
' Successor Agency to the Temecula Redevelopment Agency this 10th day of June, 2014.
aryann Edwards,Chairperson
i
ATTEST:
Gwyn R. Plores, C C
Acting City Clerk/Acting Board Secretary
[SEAL]
SARDA Resos 14 -05
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) ss
CITY OF TEMECULA )
I, Gwyn R. Flores, CMC, Acting City Clerk/Acting Board Secretary of the Successor
Agency to the Temecula Redevelopment Agency, do hereby certify that the foregoing
Resolution No. SARDA 14 -05 was duly and regularly adopted by the Board of Directors of
the Successor Agency to the Temecula Redevelopment Agency at a meeting thereof held
on the 10th day of June, 2014, by the following vote:
AYES: 5 BOARD MEMBERS
NOES: 0 BOARD MEMBERS:
ABSENT: 0 BOARD MEMBERS:
ABSTAIN: 0 BOARD MEMBERS:
SARDA Resos 14 -05
Comerchero, Naggar, Roberts,
Washington, Edwards
�y`fU7N�
G yn R. Flores, CMC
Acting City Clerk/Acting Board Secretary