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2001-04-17 ARRA PacketCITY OF ALAMEDA • CALIFORNIA SPECIAL JOINT MEETING BETWEEN THE CITY COUNCIL, COMMUNITY IMPROVEMENT COMMISSION AND ALAMEDA REUSE AND REDEVELOPMENT AUTHORITY TUESDAY - - - APRIL 17, 2001 -- - - 7 :25 P.M. Location: —life Cit, City Hall, corner of Santa Clara Avenue . ....:......:...:.::....:::.::.. and Oak Street. Public Participation Anyone wishing to address the Council /Commission /Board on agenda items or business introduced by Councilmembers /Commissioners /Board Members may speak for a maximum of 3 minutes per agenda item when the subject is before the Council /Commission /Board. Please file a speaker's slip with the Deputy City Clerk if you wish to speak on an agenda item. PLEDGE OF ALLEGIANCE INVOCATION Reverend David Borglum, Home of Truth Spiritual Center. ROLL CALL CONSENT CALENDAR 1. Minutes of the Special Joint City Council and Community Improvement Commission Meeting of April 3, 2001. [City Council /Community Improvement Commission] 2. Recommendation to approve Mid -Year Budget Adjustments; authorize New Positions consistent with the Economic Development Strategic Plan, Downtown Vision, Housing Forum Implementation Program and Development Services Department Reorganization; and appropriate funds for purchase of Environmental Insurance. [City Council /Community Improvement Commission /Alameda Reuse and Redevelopment Authority] REGULAR AGENDA None. ADJOURNMENT e e/40!! ir►�irri..ji Ralph J. •= z.�o, WOO' Chair, Community Improvement Commission and Alameda Reuse and Redevelopment Authority ‘,4 City of-Alameda Inter -office Memorandum April 4, 2001 To: The Honorable Chair and Members of the Community Improvement Commission The Honorable Chair and Members of the Alameda Reuse and Redevelopment Authority The Honorable Mayor and Members of the City Council From: Doug Yount, Director Development Services Department Re: Background: Matt Naclerio, Director Public Works Department Colette Meunier, Director Planning and Building Department Approval of Budget Adjustments and Authorization of New Positions Consistent with the Economic Development Strategic Plan/Downtown Vision, Housing Forum Recommendations Implementation Program and Development Services Department Reorganization, and Appropriation of Funds for Purchase of Environmental Insurance On March 6, 2001, the Community Improvement Commission (CIC) and the City adopted the Implementation Program for Economic Development Strategic Plan, Alameda Downtown Vision, and Housing Forum Recommendations, and conceptually approved new positions consistent with the Implementation Program. On July 5, 2000, the CIC adopted a budget for FY 2000 -01 and the City Council approved an operating budget for FY 2000 -01. On September 6, 2000, the Alameda Reuse and Redevelopment Authority (ARRA) approved the FY 2000 -01 Alameda Point Budget. The budget includes leases, grants, and bond proceeds as revenue sources. The expenditures were distributed throughout Alameda Point Administration, Police, Fire, Alameda Power and Telecom and Public Works. Item #2 (CC /C1C /ARRA) 4 -17 -01 Honorable Chair and Members of the Community Improvement Commission Honorable Chair and Members of the Alameda Reuse and Redevelopment Authority Honorable Mayor and Members of the City Council Discussion /Analysis: April 4, 2001 Page 2 The objective of this mid -year budget revision is to adjust budgets and authorize creation of new positions consistent with and necessary to implement the priorities and projects outlined in the Implementation Program for Economic Development Strategic Plan, Downtown Vision, and Housing Forum Recommendations, and to update CIC and ARRA revenue and expenditure estimates. Attachment 1 summarizes new positions being created consistent with the adopted Implementation Program and the Development Services Department reorganization. Attachment 2 provides detail regarding proposed adjustments to funds of tha Community Improvement Commission, to City funds including the Commercial Revitalization Fund, the Parking Meter Revenue Fund, the Measure B Fund and the Affordable Housing Unit Fund, and to funds of the ARRA. Fiscal Impact: There is no new budgetary impact on CIC funds, ARRA funds, or on the General Fund in FY 2000- 01 from creation of new positions. New positions in the current year will be funded out of salary savings. There is no impact on the General Fund in FY 2001 -02 from creation of new positions, as shown in Attachment 1. All fund adjustments represent an appropriation of Fund Balance, with the exception of the Housing Element Update which requires an additional appropriation of $20,000 from General Fund Reserve. Most, but not all, costs of updating the Housing Element may be reimbursable under the State Mandated Cost Program. ARRA lease revenues for this fiscal year are projected to be higher, thereby increasing the estimated unappropriated reserve. These additional resources will also cover recently acquired environmental insurance and increased expenditures. There is no impact on the unappropriated reserve or the City's General Fund. Detail is provided in Attachment 2. Honorable Chair and Members of the Community Improvement Commission Honorable Chair and Members of the Alameda Reuse and Redevelopment Authority Honorable Mayor and Members of the City Council Recommendation: April 4, 2001 Page 3 That City Council authorize creation of new positions as described in Attachment 1; that the Community Improvement Commission, the Alameda Reuse and Redevelopment Authority, and the City Council approve revised budgets as proposed in Attachment 2; and, that ARRA approve additional appropriation of funds as noted, particularly for purchase of environmental insurance. Respectfully submitted, Matt Naclerio ette Meunier Doug Youn Public Works Director Planning Director MN/CM/DY/BJMK:ry Attachments: 1 - New Positions FY 2000 -01 and FY 20001 -02 2 - Key Changes in Fund Budgets Fund 201 Fund 202 Fund 203 Fund 204 Fund 205 Fund 227 Alameda Point Budget Appropriation of Other City Funds cc: Economic Development Commission Alameda Chamber of Commerce Greater Alameda Business Association Park Street Business Association West Alameda Business Association Development Services Director Honorable Chair and Members of the Community Improvement Commission Honorable Chair and Members of the Alameda Reuse and Redevelopment Authority Honorable Mayor and Members of the City Council FORWARDED: G: \ECONDEV \CIC \B UDGETl00 -01 \MIDYEAR \MIDY -3 -2. W PD F: CID/Budget/2000 -01 NEW POSITIONS FY 2000 -01 ATTACHMENT 1 Page 1 of 1 DEPT. POSITION SOURCE OF FUNDING City Manager's 1 Office 1 0.5 FTE- Intermediate Typist Clerk o ARRA - Alameda Point Lease Revenues -100% Public Works' 1.0 FTE - Traffic Engineer 1.0 FTE - Assoc. Civil Engineer /Land Dev. Div. 1.0 FTE - Assoc. Civil Engineer /Capital Imp. Projects Div. 2.0 FTE - Alternative Modes Transit Coordinator 1.0 FTE - Construction Inspector Salary savings are sufficient for FY 00 -01. Salary savings are sufficient for FY 00 -01. Salary savings are sufficient for FY 00 -01. Salary savings are sufficient for FY 00 -01. Salary savings are sufficient for FY 00 -01. Planning 2 1.0 FTE - Planning Manager The position will not be filled until after July 1, 2001. Recruitment would begin this fiscal year. Development Services 3 2.0 FTE - Housing Development Managers 3.0 FTE - Management Analysts 1.0 FTE Administrative Services Coordinator Salary savings within dedicated CIC affordable housing funds are sufficient in FY 00 -01. Salary savings within CDBG, CIC non - housing funds, and dedicated CIC affordable housing funds are sufficient in FY 00 -01. Salary savings within CIC non - housing funds (BWIP - WECIP -APIP) are sufficient in FY 00 -01. The Implementation Program calls for authorization for Maintenance Worker II and Community Relations Program Specialist will be addressed at a future date, when a funding source is identified. Originally, the Waste Management Fund (274) was an anticipated source of funding, but the cost may not be eligible. Alternative sources of funding include the landscape and lighting district, GF, and tax increment. The following Implementation Program activities may be impacted by the timetable to create and fill these positions: Clean and Safe Streets - Increased Maintenance. 2 The Implementation Program calls for authorization for an Environmental Coordinator and a Special Projects Manager which is not being requested at this time. These positions would be considered during the next budget cycle. The following Implementation Program activities may be impacted by the timetable to create and fill these positions: Parking Structure One -Stop Permit Center Design Guidelines for Webster Street and Park Street Sign Ordinance Update 3 Note: Actual new positions created for Development Services Department will be 2.5 FTE after consolidation and elimination of vacant positions in proposed reorganization. g: \econdev \cic\ budget \00- 01\midy\Attach1positions (00 -01) 4/11/011:18 PM NEW POSITIONS FY 2001 -02 ATTACHMENT 1 Page 2 of 2 DEPT. POSITION Estimated Personnel Cost SOURCES OF FUNDING City Manager's Office 0.5 FTE- Intermediate Typist Clerk $ 20,778 Salary cost would be covered by elimination of positions funded by ARRA lease revenues and zero General Funds Public Works 1.0 FTE - Traffic Engineer 1.0 FTE - Assoc. Civil Engineer /Land Dev. Div. 1.0 FTE - Assoc. Civil Engineer /Capital Imp. Projects Div. 2.0 FTE - Alternative Modes Transit Coordinator 1.0 FTE - Construction Inspector 1 $ 648,736 1 Salary cost would be covered approximately 49% Measure B Funds, 44% Developer Fees -CIP projects and other specia funds, 7% CIC tax increment funds. Planning 1.0 FTE - Planning Manager 105,000 IENA Developer Deposit; Developer Application fees, zero General Funds. Development Services* 2.0 FTE - Housing Development Managers 3.0 FTE - Management Analysts 1.0 FTE Administrative Services Coordinator $476,188 . Salary cost would be covered approximately 47% by dedicated Affordable Housing funds, 24% by CDBG funding, and 29% by a combination of elimination of positions, increased Tax Increment revenue, salary savings and fund balance in CIC WECIP/BWIP /APIP funds. Note: Actual new positions created for Development Services Department will be 2.5 FTE after consolidation and elimination of vacant positions in proposed reorganization. g: \econdev \cic\ budget\ 00- 01 \midy\Attach1positions(01 -02) 4/10/011:34 PM ATTACHMENT 2 KEY CHANGES IN FUND BUDGETS Community Improvement Commission BWIP Tax Increment Revenue is up 11 percent versus the five percent growth projection. ► Existing BWIP budget authority totaling $156,900 is proposed to be reallocated consistent with the Implementation Program for the EDSP/Downtown Vision/and Housing Forum Recommendations, including such projects as South Shore Center, Bridgeside Center, Alameda Theatre, Park Street Parking Structure, Webster Street and Park Street Streetscape Projects, Commercial Design Building Guidelines, Business Assistance to Existing Retailers, etc. Tax Increment Revenue for the WECIP is below the projected level of growth, mostly due to a decrease in unitary tax from closure of the Beltline Railyards. This decreased revenue will be directly offset by a decrease in expenditures under the Owner Participation Agreement with Marina Village. • APIP Tax Increment Revenue is up, based on an increase in leasehold interest. The bulk of this revenue, however, must be sequestered until the General Plan is amended for Alameda Point and the APIP Community Improvement Plan is found consistent with the Amended General Plan. • Existing budget authority and a larger -than- expected beginning cash balance in the Commercial Revitalization Fund are proposed for re- allocation to city wide economic development marketing and business retention an attraction efforts consistent with the EDSP Implementation Program Alameda Reuse and Redevelopment Authority • • Based on current commercial and residential lease income, the projected annual lease revenue will be higher than the original projection of $6,296,087 to $7,805,960. The increase is largely due to revenue that was not captured in the Alameda Point Business Plan, such as license fees and day events that are held at Alameda Point. Also, revenue of $70,000 was generated from application fees received from master developer candidates in response to the RFQ (Request for Qualifications). Expenditures are projected to be higher than expected due to many factors. One reason is the change in the disposition strategy for Alameda Point. In selecting a Master Developer, the City created a project website and an RFQ brochure that was distributed nationally. These Page 1 of 2 ATTACHMENT 2 initial processes were not included in the FY 2000 -2002 budget. In addition, consultants were hired to assist City staff with this complicated and time - consuming process. Other related costs included hiring a public relations firm, community forums, duplication costs as a result of distributing information throughout the community, and general supplies, etc. The costs will be ongoing expenses until a Master Developer is selected for Alameda Point. Some of this cost will be offset by revenue from the developers in the submittal of the Request for Business Plans (RFBP). In one instance, ARRA has proactively stepped in to pay for the demolition survey done at the FISC /Catellus property. ARRA will also be transferring funds to the CIC to pay for a full -time Management Analyst position. This financial assistance will help the project move forward quickly until it is able to issue bonds and become self - sustaining. Meanwhile, the financial advisors are re- evaluating the information contained in the Business Plan. The Business Plan serves as the foundation for the revenue projection and will be updated to reflect the current economic conditions and the financial impact a Master Developer will have on the future of Alameda Point. Another large expenditure is the purchase of environmental insurance. Staff, along with attorneys, has negotiated a ten -year $100 million environmental insurance policy with ECS, with an approximate premium cost of which is $685,000. At the ARRA meeting of February 27, 2001, the ARRA delegated to the Executive Director the authority to bind coverage, and negotiate and execute the insurance contract with ECS. The initial payment for the policy is $340,507, which must be appropriated by the ARRA this fiscal year. G:\ECONDEV\CIC\BUDGET\00-01\MIDYEAR\ATTACH2-WPD f:CID /Budget /FY 00 -01 Page 2 of 2 REVENUES OBJECT CODE , BUDGET DETAIL: WEST END COMMUNITY IMPROVEMENT PROJECT (FUND 201) DESCRIPTION Division Approved Change or Project 2000 -2001 Revised 2000 -2001 31100 TAX INCREMENT REVENUE 7021 $ 3,374,175 $ (158,104) $ 3,216,071 35100 REV FROM USE OF MONEY & PROPERTY 7021 $ 27,200 $ 300 $ 27,200 38400 TRANSFER FROM ASSESSMENT DIST. 7021 7021 7021 - 7021 $ 317,300 $ (1,189) $ 316,111 TOTAL REVENUES OTHER BLIGHTED /UNDERUTILIZED PROPERTIES $ 3,718,675 $ (159,293) $ 3,559,382 EXPENDITURES OBJECT CODE DESCRIPTION Division Approved Change or Project 2000 -2001 Revised 2000 -2001 40000 PERSONNEL SERVICES 7021 $ 120,000 $ (258,783) $ 120,000 50000 SUPPLIES 7021 $ 2,100 $ 300 $ 2,400 61000 61010 61030 61060 PROFESSIONAL SERVICES ADMINISTRATIVE REQUIREMENTS LEGAL FINANCIAL AUDITS COUNTY PROP. TAX ADMIN. FEE BUSINESS & ECONOMIC DEVELOPMENT ASSOC. ECON. DEV. ALLIANCE FOR BUSINESS (EDAB) CATALYST PROJECTS /PUBLIC IMPROVEMENTS 7021 7021 7021 - 7021 $ 3,000 $ 5,400 $ 43,440 $ 13,500 $ (1,345) $ 3,000 $ 5,400 $ 43,440 $ 12,155 PRIOR YEAR AUTHORIZED LOANS FROM GF RESERVE TO CIC OTHER BLIGHTED /UNDERUTILIZED PROPERTIES 70101 $ 68,190 $ 6,900 $ 75,090 REMAINING BALANCE FROM APPROVED1996 -97 LOAN WEBSTER ST. STREETSCAPE PROJECT 70181 $ 70,785 $ 43,000 $ 70,785 REMAINING BALANCE FROM APPROVED 1998 -99 LOAN NORTHERN WATERFRONT PLANNING 70241 $ 57,500 ♦, $ 57,500 ` BWIPNVECIP MERGER & BOND ISSUE PLANNING 70291 $ 25,000 $ 25,000 EXISTING AGREEMENTS ASSESSMENT DIST. PROP. OWNER REIMBURSEMENT 95% PER°PA 7051 $ 3,205,500 $ (150,200) $ 3,055,300 62000 COMMUNICATIONS (e.g., PHONE & POSTAGE) 7021 $ 2,725 $ 2,725 63000 UTILITIES 7021 $ - 65000 TRANSPORTATION (e.g., MEETINGS, TRAVEL, ASSOC. MEMBERSHIP) • 7021 $ 6,100 $ 6,100 66000 REPAIRS & MAINTENANCE 7021 . $ 700 $ 700 67000 ADMINISTRATIVE SERVICES 7021 $ 5,800 $ 5,800 73000 CAPITAL OUTLAY, MACHINERY & EQUIPMENT 7021 $ 5,170 $ 31,400 $ 36,570 (e.g., OFFICE EQUIPMENT, TENANT IMPROVEMENTS) 81000 DEBT SERVICE 81100 INTEREST ON LOAN FROM GF Reserve (9% in 2000 -01) 7021 $ 206,300 $ (6,900) $ 199,400 85000 INTER -FUND TRANSFER. (e.g., Cost Allocation Plan) $ 96,800 $ 96,800 87000 NET REIMBURSABLE EXPENSES PER COST RECOVERYAGREEEMNTS $ - TOTAL EXPENDITURES $ 3,938,010 $ (119,845) $ 3,818,165 REVENUES MINUS EXPENDITURES $ (219,335) $ (39,448) $ (258,783) OTHER RESOURCES CASH CARRY FORWARD FROM 1999 -00 $ 56,950 $ 58,629 $ 115,579 PRIOR YEAR AUTHORIZED LOANS FROM GF RESERVE TO CIC REMAINING BALANCE FROM APPROVED1996 -97 LOAN $ 43,000 $ 43,000 REMAINING BALANCE FROM APPROVED 1998 -99 LOAN $ 100,200 $ 100,200 NET BALANCE ` 1 $ - Occondcvkic \budgcl \00- 01\midycar\CIC mid,car- rcvision Fund20I, 4110 /01, 3.21 PM REVENUES OBJECT CODE BUDGET DETAIL: WEST END COMMUNITY IMPROVEMENT PROJECT LOW - MODERATE INCOME HOUSING FUND (FUND 202) DESCRIPTION APPROVED CHANGE REVISED DIVISION 2000 -01 + /( -) .2000 -01 31100 TAX INCREMENT REVENUE 7022 $ 803,400 $ 600 $ 804,000 35100 REV FROM USE OF MONEY & PROPERTY 7022 $ 24,100 $ 24,100 61000 FUND CARRY FORWARD (CASH AVAILABLE) 7022 7022 7022 $ 225,800 + $ 225,800 TOTAL REVENUES EXISTING AGREEMENTS $ 1,053,300 $ 600 $ 1,053,900 EXPENDITURES OBJECT CODE DESCRIPTION APPROVED CHANGE REVISED DIVISION 2000 -01 + /( -) 2000 -01 40000 PERSONNEL SERVICES 7022 $ 49,700 $ - $ 49,700 50000 SUPPLIES 7022 $ 3,400 $ 3,400 61000 CONTRACT SERVICES (ADMIN. REQUIREMENTS) ADMINISTRATIVE REQUIREMENTS LEGAL SERVICES FINANCIAL AUDITS COUNTY PROP. TAX ADMIN. FEE 7022 7022 7022 $ 1,000 $ 2,200 $ 10,000 + $ 1,000 $ 2,200 $ 10,000 61000 EXISTING AGREEMENTS INDEPENDANCE PLAZA PER AFFORD HOUSING AGREEMENT 7062 $ 705,600 $ 705,600 LETTER OF CREDIT & TRUSTEE FEES 7022 $ 10,000 $ 10,000 PROFESSIONAL SERVICES PROFESSIONAL DEVELOPMENT 7022 $ 600 $ 600 62000 COMMUNICATIONS TELEPHONE 7022 . $ 1,500 $ 1,500 COMPUTER CHARGEBACK 7022 $ 1,200 $ 1,200 POSTAGE 7022 $ 300 $ 300 65000 TRANSPORTATION MEETINGS AND CONFERENCES 7022 $ 600 $ 600 TRAVEL 7022 $ 2,900 $ 2,900 72000 AUTOMOBILES 7022 $ 400 $ 400 73100 MACHINERY & EQUIPMENT 7022 $ 2,500 $ 600 $ 3,100 81000 DEBT SERVICE 81100 INTEREST EXPENSE 7022 $ 150,400 $ 150,400 81300 PRINCIPAL REPAYMENT 7022 $ 80,000 $ 80,000 85000 INTER -FUND TRANSFER. (e.g., INDIRECT COST PLAN) $ 26,000 $ 26,000 87900 OTHER MISCELLANEOUS EXPENSE 7022 $ 5,000 $ 5,000 TOTAL EXPENDITURES $ 1,053,300 $ 600 $ 1,053,900 REVENUES MINUS EXPENDITURES $ $ G: \Housing \Admin\ Budget\ MY00- 01\cicadjst2.xls\202 (WECIP) 4/9/019:03 AM REVENUES OBJECT CODE BUDGET DETAIL: BUSINESS WATERFRONT IMPROVEMENT PROJECT (FUND 203) DESCRIPTION DIVISION or PROJECT / Approved 2000 -2001 Change + /(-) Page 1 o1'2 Revised 2000-2001 31100 TAX INCREMENT REVENUE 7023 $ 1,329,510 $ 71,429 $ 1,400,939 35100 REVENUE FROM USE OF MONEY & PROPERTY 7023 $ 4,800 $ 4,800 38310 TRANSFER FROM PUBLIC WORKS $ - $ 15,000 $ 15,000 TOTAL REVENUES • $ 1,334,310 $ 86,429 $ 1,420,739 EXPENDITURES' OBJECT CODE DESCRIPTION DIVISION or PROJECT / Approved 2000 -2001 Change +/( -) Revised 2000-2001 40000 PERSONNEL SERVICES 7023 $ 545,000 $ (16,500) $ 528,500 50000 SUPPLIES 7023 $ 12,600 $ 12,600 61000 CONTRACT SERVICES ADMINISTRATIVE REQUIREMENTS LEGAL 7023 $ 80,000 $ 80,000 FINANCIAL AUDITS 7023 $ 1,500 $ 1,500 ENVIRONMENTAL REVIEW 7023 $ - COUNTY PROPERTY TAX ADMIN. FEE 7023 $ 8,430 $ 8,430 PROPERTY LIABILITY INSURANCE (FISC, ...) 7023 $ 40,000 $ (40,000) $ - PROFESSIONAL DEVELOPMENT 7023 $ - $ 5,000 $ 5,000 EXISTING AGREEMENTS PASS - THROUGH AGREEMENTS (approx 25% of TI) 7053 .$ 335,423 $ 14,812 350,235 BUSINESS & ECONOMIC DEVELOPMENT ASSOCIATIONS WEST ALAMEDA BUSINESS ASSOC. 70013 $ 46,050 $ 46,050 PARK ST. BUSINESS ASSOC. 70023 $ 32,450 $ 32,450 PROPERTY BASED IMPROVEMENT DISTRICT (PBID) 70703 $ 12,000 $ 12,000 RETAIL BUSINESS TRAINING 70713 $ 25,(100 $ 25,000 PROGRAM DEVELOPMENT ECONOMIC DEVELOPMENT STRATEGIC PLAN 70283 $ 4,908 $ 4,908 CATALYST PROJECT I PUBLIC IMPROVEMENTS ALAMEDA THEATRE 70063 $ - $ 22,000 $ 22,000 PARK STREET AREA PARKING 70123 0 $ 12,500 $ 12,500 PARK STREET STREETSCAPE 70173 $ 17,210 $ 17,210 OTHER BLIGHTED /UNDERUTILIZED PROPERTIES 70103 $ 535,660 $ (156,565) $ 379,095 MAIN STREET LINEAR GATEWAY 70193 $ 250,000 $ 250,000 BRIDGESIDE SHOPPING CENTER 70233 $ - $ 43,000 $ 43,000 BWIPIWECIP MERGER /AMEND. & BOND PLANNING 70293 $ 10,000 $ 10,000 NORTHERN WATERFRONT PLANNING 70243 $ 2,771 $ 2,771 DOWNTOWN VISION AND APPROVED ADDITIONS 70303 $ 25,000 $ 25,000 DEVELOPMENT IMPACT FEE 70503 $ 47,964 $ - $ 47,964 DESIGN GUIDELINES & Sign Ord update (Park and Webster Streets) $ - $ 20,000 $ 20,000 MARKETING ACTIVITIES WEBSITE 70733 $ 22,000 $ 22,000 62000 COMMUNICATIONS (e.g., PHONE & POSTAGE) 7023 $ 14,500 $ 14,500 63000 UTILITIES 7023 $ - 65000 TRANSPORTATION (e.g., MEETINGS, ASSOC. MEMBERSHIP) 7023 $ 10,500 $ 7,500 $ 18,000 66000 REPAIRS & MAINTENANCE 7023 $ 700 $ 700 67000 ADMINISTRATIVE SERVICES (e.g., NOTICES 7023 $ 7,800 $ 7,800 & PUBLICATIONS, DATA PROCESSING) 72010 ROLLING STOCK (AUTOMOBILE) 7023 $ - $ 18,900 $ 18,900 73000 CAPITAL OUTLAY, MACHINERY & EQUIPMENT 7023 $ 14,500 $ 50,000 $ 64,500 (e.g., OFFICE EQUIPMENT, TENANT IMPROVEMENTS) 81000 DEBT SERVICE 7023 INTEREST ON LOAN FROM GF Reserve (9% in 2000-01) $, 224,400 17,960.00 242,360 INTEREST ON AUSD DEFERRAL ACCOUNT $ 5,700 $ 5,700 85000 INTER -FUND TRANSFER. (e.g., Cd"sf Allocation Plan) 7023 $ 224,900 $ 224,900 87000 NET REIMBURSABLE EXPENSES PER COST RECOVERYAGREEEMNrs EXPENSES (Webster St. Tube Retrofit) 70403 REIMBURSEMENT(Webster St. Tube Retrofit) 70403 EXPENSES (K &B /Marina Cove) 70263 $ 4,423 $ 4,423 TOTAL EXPENDITURES $ 2,502,389 1 $ 57,607 $ 2,559,996 g \econdevlcic100- 01Vnidyear\CIC midyear- revision Fund203,4/10/01,325 PM BUDGET DETAIL: BUSINESS WATERFRONT IMPROVEMENT PROJECT (FUND 203) OBJECT CODE DESCRIPTION DIVISION Approved or PROJECT / 2000 -2001 Change +4( -) Pagc 2 of 2 Revised 2000 -2001 NET REVENUES MINUS EXPENDITURES $ (1,168,079) $ 28,822 $ (1,139,257) OTHER RESOURCES CASH CARRY FORWARD FROM 1999 -00 $ 122,160 $ 316,377 $ 438,537 PRIOR YEAR AUTHORIZED LOANS FROM GF RESERVE TO CIC REMAINING BALANCE FROM APPROVED 1995 -96 LOAN $ 439,000 $ (346,780) $ 92,220 REMAINING BALANCE FROM APPROVED 1996 -97 LOAN $ 147,000 $ 147,000 REMAINING BALANCE FROM APPROVED 1998 -99 LOAN $ 12,200 $ 12,200 APPROVED 2000 -01 LOAN $ 449,300 $ - $ 449,300 NET BALANCE ( $ 0 OecondwAcic\00 -01 Midyear\CIC midyear - revision Fund203,4/10/01,3:25 PM REVENUES OBJECT CODE BUDGET DETAIL: BUSINESS & WATERFRONT IMPROVEMENT PROJECT LOW & MODERATE INCOME HOUSING FUND (FUND 204) DESCRIPTION APPROVED CHANGE REVISED DIVISION 2000 -01 + /( -) 2000 -01 31100 TAX INCREMENT REVENUE 7024 $ 337,400 $ 12,800 $ 350,200 35100 REV FROM USE OF MONEY & PROPERTY 7024 $ 10,100 $ 10,100 61000 FUND CARRY FORWARD (CASH AVAILABLE) 7024 7024 7024 7064 -76014 $ 312,000 $ 5,100 $ 312,000 TOTAL REVENUES HOUSING PROJECTS $ 659,500 $ 12,800 $ 672,300 EXPENDITURES OBJECT CODE DESCRIPTION APPROVED CHANGE REVISED DIVISION 2000 -01 + /(- 2000 -01 40000 PERSONNEL SERVICES 7024 $ 118,000 $ 2,739 $ 120,739 50000 SUPPLIES 7024 $ 3,700 $ 3,700 61000 CONTRACT SERVICES ADMINISTRATIVE REQUIREMENTS LEGAL SERVICES FINANCIAL AUDITS COUNTY PROP. TAX ADMIN. FEE EXISTING AGREEMENTS PASS - THROUGH AGREEMENTS PROJECT DEVELOPMENT 7024 7024 7024 7064 -76014 $ 2,000 $ 300 $ 1,300 $ 135,000 $ 5,100 $ 2,000 $ 300 $ 1,300 $ 140,100 HOUSING PROJECTS 7064 $ 300,000 $ (30,739) $ 269,261 ADC PREDEVELOPMENT LOAN 7064 $ 50,000 $ 50,000 EDSP/DV/FORUM IMPLEMENTATION PROGRAM 7064 $ 50,000 $ 50,000 PROFESSIONAL SERVICES PROFESSIONAL DEVELOPMENT 7024 $ 700 $ 700 62000 COMMUNICATIONS TELEPHONE 7024 $ 1,500 $ 1,500 COMPUTER CHARGEBACK 7024 $ 1,200 $ 1,200 POSTAGE 7024 $ 300 $ 300 65000 TRANSPORTATION MEETINGS AND CONFERENCES 7024 $ 600 $ 600 TRAVEL 7024 $ 2,900 $ 2,900 72000 AUTOMOBILES $ 400 $ 400 73100 MACHINERY & EQUIPMENT $ 2,500 $ 2,500 85000 INTER -FUND TRANSFER. (e.g., INDIRECT COST PLAN) $ 19,800 $ 19,800 87900 OTHER MISCELLANEOUS EXPENSE $ 5,000 $ 5,000 TOTAL EXPENDITURES $ 595,200 $ 77,100 $ 672,300 REVENUES MINUS EXPENDITURES G: \Housing\Admin\ Budget 1MY00- 01\cicadjst2.xls\204 (BWIP) $ 64,300 4/10/012:22 PM OBJECT CODE BUDGET DETAIL: ALAMEDA POINT IMPROVEMENT PROJECT (FUND 205) DESCRIPTION DIVISION Approved or PROJECT 2000 -2001 Change +/( Revised 2000 -2001 31100 TAX INCREMENT REVENUE 7025 $ 86,940 $ 87,578 $ 174,518 36000 REV FROM OTHER AGENCIES (e.g., ARRA) 7025 $ 4,200 $ 4,200 61000 LEASE OF FISC PROPERTY 7025 7025 $ 75,000 $ (2,952) $ 72,048 TOTAL REVENUES LIABILITY INSURANCE $ 161,940 $ 84,626 $ 246,566 EXPENDITURES OBJECT CODE DESCRIPTION DIVISION Approved or PROJECT 2000 -2001 Change + /( -) Revised 2000 -2001 40000 PERSONNEL SERVICES 7025 $ 146,000 $ (470,777) $ 146,000 50000 SUPPLIES 7025 $ 4,200 $ 4,200 61000 CONTRACT SERVICES ADMINISTRATIVE REQUIREMENTS FINANCIAL AUDITS BOND ISSUE PLANNING 7025 7025 $ 1,000 $ 1,000 $ 68,914 $ 1,000 $ 1,000 PRIOR YEAR AUTHORIZED LOANS FROM GF RESERVE TO CIC LIABILITY INSURANCE 7025 $ 40,000 (40,000) $ - SEQUESTOR REVENUE TBD 65,205 65,684 $ 130,889 REDEVELOPMENT LEGAL SERVICES 7045 $ 115,000 NET BALANCE $ 115,000 PASS - THROUGH PAYMENTS (25% of T! Revenue) 7025 $ 21,735 21,895 $ 43,630 PROGRAM DEVELOPMENT EIR CONSULTING SERVICES 70275 $ 62,852 $ (62,852) $ - CATALYST PROJECT /PUBLIC IMPROVEMENTS $ - GOLF COURSE/CONFERENCE CENTER 76175 $ 5,900 it $ 5,900 OTHER BLIGHTED /UNDERUTILIZED PROPERTIES 70105 $ - $ 131,475 $ 131,475 62000 COMMUNICATIONS (e.g., PHONE & POSTAGE) 7025 $ 1,375 $ 1,375 65000 TRANSPORTATION (e.g., MEETINGS, TRAVEL, ASSOC. MEMBERSHIP) 7025 $ 850 $ 250 $ 1,100 67000 ADMINISTRATIVE SERVICES (I.e., equipment rental) 7025 $ - $ 750 $ 750 72000 ROLLING STOCK (Automobile) 7025 $ 1,600 $ 1,600 73000 CAPITAL OUTLAY, MACHINERY & EQUIPMENT 7025 $ 4,600 $ 2,000 $ 6,600 81000 DEBT SERVICE INTEREST ON LOAN from GF Reserve(9% in 2000 -01) $ 47,100 $ 13,900 $ 61,000 85000 INTER -FUND TRANSFER. (e.g., Cost Allocation Plan) 7025 $ 65,825 $ 65,825 87000 NET REIMBURSABLE EXPENSES TOTAL EXPENDITURES 1 $ 582,642 ( $ 134,701 $ 717,343 REVENUES MINUS EXPENDITURES $ (420,702) $ (50,075) $ (470,777) OTHER RESOURCES CASH CARRY FORWARD FROM 1999 -00 $ 82,800 $ (13,886) $ 68,914 PRIOR YEAR AUTHORIZED LOANS FROM GF RESERVE TO CIC REMAINING BALANCE FROM APPROVED1999 -00 LOAN $ - $ 44,013 $ 44,013 APPROVED 2000 -01 LOAN $ 357,850 $ - $ 357,850 NET BALANCE $ - g: \econdev\cic \budget \00- 01 \midyear\CIC midyear- revision Fund205,4/10101,2:28 PM VENUES OBJECT CODE BUDGET DETAIL: COMMERCIAL REVITALIZATION (FUND 227) DESCRIPTION Division or Project Original 2000-2001** Change +4 -1 Revised 2000 -2001 35000 REV FROM USE OF MONEY & PROPERTY 1 $ 15,000 $ 80,500 $ 15,000 38000 TRANFER FROM OTHER FUNDS (Linoaks Lease Revenues) $ 162,000 $ 169,576 $ 162,000 TOTAL REVENUES ] l $ 177,000 ] $ 177,000 EXPENDITURES OBJECT CODE DESCRIPTION Division Original or Project 2000 -2001 Revised 2000 -2001 40000 PERSONNEL SERVICES 6720 $ 80,500 $ (223,712) $ 80,500 61000 CONTRACT SERVICES BUSINESS ASSOCIATIONS $ 169,576 $ 54,136 $ 223,712 NET BALANCE GREATER ALAMEDA BUSINESS ASSOC. 674058 $ 6,000 $ 6,000 CATALYST PROJECT / PUBLIC IMPROVEMENTS HISTORIC STATIONS SIGNS (maintenance) 674061 $ 6,000 $ 6,000 DIRECTIONAL SIGNAGE PROGRAM 674034 $ 20,864 $ (20,864) $ - STOREFRONT ASSISTANCE PROGRAM (facade prog.) 673037 $ 93,841 $ 93,841 COMMERCIAL RECRUITMENT 674079 $ 34,229 $ 34,229 CONTINGENCIES 674999 $ 14,266 $ 14,266 PROGRAM DEVELOPMENT it ECON. DEVEL. FUND /MARKETING /BUS. ATTRACTION 674066 $ 52,276 $ 83,000 $ 135,276 BUSINESS FACILITATION (e.g., LAMBRA) 674082 $ 18,000 $ (8,000) $ 10,000 85000 INTER -FUND TRANSFER. (e.g., INDIRECT COST PLAN) 6720 $ 20,600 $ 20,600 TOTAL EXPENDITURES ] $ 346,5761 $ 54,1361 $ 400,712 REVENUES MINUS EXPENDITURES $ (169,576) $ (54,136) $ (223,712) OTHER RESOURCES FUND CARRY FORWARD (CASH AVAILABLE) $ 169,576 $ 54,136 $ 223,712 NET BALANCE $ - 1 $ - ] $ - g: \econdev \cic \budget \00 -01 \midyear \CIC midyear - revision,CR 4/10/01,2:33 PM R EVENUES ALAMEDA POINT BUDGET - FISCAL 2000-01 Mid Year Adjustments BUDGET LEASES Carryover/Beginning Balance 06/ 100 $ 2.043.759 Administration 4,896,355 Current Year Revenue Law Enforcemen 547,522 9.509.080 Fire Prevention 1,417,475 Building Maintenance 617,795 Roads And Grounds 612.188 Electric Power 802.500 Water 984,628 Sanitary Sewers 531.168 Storm Drains 198.038 Telephone/Cable 171.200 TOTAL Available for Operations $ 11.552.855 TOTAL Operations $ 10,778.847 FUND BALANCE $ 774.008 CAPITAL 8ondPnoc*edp $ 2,755,473 EDA 1 $ 480.000 EDA 11 1.581.857 Capital - Grant/Others EDAM 1.800.000 Bond Proceeds $ 2,755,473 EDA IV 1.500.000 Bui|dingUpgnadeo -| 488.000 Tenant Match 350.000 Building Upgrades - 11 1.581.857 Subtotal � 5.711.857 Electrical/Building Upgrades 1.800.000 Tinker Avenue 1.500.000 Tenant Match 350.000 TOTAL Available for Capital $ 8.467.330 $ 8.487.330 Grand Totat Revenues $ 20,020,185 Grand Total Total Budget & Fund Balance $ 20,020,185 4nmo1 Page 1 of 1 APPROPRIATION OF OTHER CITY FUNDS FUND TOTALS by Project FY 2000 -01 Parking Meter Rev. Fund $ - Park St Parking $ - $ 35,000 Source: $35,000 from Fund Balance $ - Measure B (Fund 215) $ - Feasibility of New Estuary Crossing $ - $ 100,000 Ferry Funding $ - $ 20,000 $ - Source: $120,00 from Fund Balance $ - Waste Management Fund 274 $ - Consultants $ - $ 35,000 Source: $35,00 from Fund Balance $ - State Reimburesable ( Fund 266) $ - Housing Element $ - $ 20,000 Source: $20,00 from General Fund Reserve G: \econdev \cic\budget \00 -01 \midyear\fund totals by projectSheetl 11 4/10/013:29 PM it