ARRA Resolution 27,i L i A R RED E VEL O PMEN T i S
3
F j I, N NO. 27
AUTHOR ZING INTERIM EXPENDITURES of ALAMEDA. POINT
OBLIGATIONS IN THE FIRST QUARTER OF 2000 FY
WHEREAS, the Alameda :Reuse and Redevelopment Authority (ARRA)
approved a budget for Fiscal Year 1999 -2000 Alameda Point operations in September 1999;
and
WHEREAS, it is anticipated that lease revenue for Fiscal Year 2000-2001 is
$7,823,847 with approximately $2 million lease revenue carryover. In addition, there are
unexpended grant and local matching funds for OEA, and EDA grant monies to b e carried
over to FY 2000 -01. Proposed appropriations for Alameda Point operations are $9,823,84"x;
and
WHEREAS, Alameda Point appropriations include public safety,
infrastructure, maintenance and administration costs; and
WHEREAS, it will be necessary to authorize payment of Alameda point
obligations until the City budget is adopted;
Uj
NOW, THEREFORE BE IT RESOLVED that ARRA hereby approved
interim expenditures prior to the approval of the ARRA Budget for FY 2000 -01 at the levels
set by the ARRA Budget for FY 1999 -00 in order to pay Alameda .Point obligations until the
City/ARRA budget is adopted;
BE IT F RESOLED that the ARRA• hereby appropriates and
approves expenditure of the remaining unexpended grant and local matching funds for +SEA
and EDA grant awards.
BE IT FURTHER RESOLVED that the FY 2000 -2002 presented to the
Alameda Meuse and Redevelopment Authority no later than the July 2000 ARRA meeting.
AYES: 5
NOES: Q
ABSENT: Q
ABSTENTIONS: o
.Alameda Reuse Redevelopment .Authority
Date: June, 2000