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Resolution No. 6853 .. ~. , l. 1 ., . ~ 1 RESOLUTION NO. 6853 2 3 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF VERNON APPROVING AND AUTHORIZING THE EXECUTION OF A LOAN AGREEMENT FOR INITIAL OPERATING COSTS BY AND BETWEEN THE CITY OF VERNON, CALIFORNIA AND THE NEW SOUTHEAST CITIES TRANSPORTATION AUTHORITY 4 5 6 7 WHEREAS, NEW SECTA was created pursuant to Government 8 Code SS6500, et seq. and is engaged in activities necessary or appropriate to carry out the intent of the Joint Powers Agreement 9 10 formally effective September 1, 1996; and 11 WHEREAS, NEW SECTA does not have a source of funding at 12 this time and requires funding in order to meet the initial 13 operating costs of NEW SECTA; and 14 WHEREAS, the City of Vernon wishes to loan money to NEW 15 SECTA, subject to the terms and conditions set forth in the Loan 16 Agreement for Initial Operating Costs submitted concurrently herewith, for costs incurred from September 1, 1996 through 17 18 December 31, 1996, in order to permit NEW SECTA to operate and 19 meet its responsibilities; and 20 WHEREAS, NEW SECTA anticipates receiving funding in the 21 future and is willing to use a portion of such funding to 22 reimburse the City of Vernon for any funds advanced by Vernon 23 pursuant to this Agreement. 24 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VERNON AS FOLLOWS: 25 26 SECTION 1: The City Council of the City of Vernon does 27 hereby find and determine that the recitals contained hereinabove are true and correct. 28 " .". . . 1 SECTION 2: The City Council of the City of Vernon hereby 2 approves the Loan Agreement for Initial Operating Costs, a copy of 3 which has been presented to the City Council concurrently with 4 this resolution, and the City Council hereby orders said Agreement 5 to be received and filed by the City Clerk. 6 SECTION 3: The City Council of the City of Vernon hereby 7 authorizes the Mayor and the City Clerk to execute said Agreement 8 for, and on behalf of, the City of Vernon. 9 SECTION 4: The City Clerk of the City of Vernon shall 10 certify to the passage of this resolution and thereupon and 11 thereafter the same shall be in full force and effect. 12 APPROVED AND ADOPTED this 17th day of September, 1996. ~~;~~' 13 14 ATTEST: 15 d 16 BRUCE V. 17 18 19 20 21 22 23 24 25 26 27 28 -2- . .... 1 STATE OF CALIFORNIA ss 2 COUNTY OF LOS ANGELES 3 I, BRUCE V. MALKENHORST, City Clerk of the city of 4 5 Vernon, do hereby certify that the foregoing Resolution, being Resolution No. 6853, was duly adopted by the City Council of the City of Vernon at a regular meeting of the City Council duly held 6 7 on Tuesday, September 17, 1996, and thereafter was duly signed by 8 the Mayor of the City of Vernon. 9 ~/~ BRUCE V. MALKENHORST, city Clerk 10 11 12 (SEAL) 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 -3- . I ... 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 ~. r::Y5,..;:? EXECUTION COPY LOAN AGREEMENT FOR INITIAL OPERATING COSTS BY AND BETWEEN THE CITY OF VERNON, CALIFORNIA AND THE NEW SOUTHEAST CITIES TRANSPORTATION AUTHORITY THIS AGREEMENT is made, entered into and executed in duplicate originals, either copy of which may be considered and used as the original hereof for all purposes, to be effective the 1st day of September, 1996, BY AND BETWEEN THE CITY OF VERNON, hereinafter referred to as the "Vernon," 4305 Santa Fe Avenue Vernon, California, 90058 AND THE NEW SOUTHEAST CITIES TRANSPORTATION AUTHORITY, a Joint Powers Authority, hereinafter referred to as "NEW SECTA," 4305 Santa Fe Avenue Vernon, CA 90058 RECITALS WHEREAS, NEW SECTA was created pursuant to Government Code SS6500, et seq. and is engaged in activities necessary or appropriate to carry out the intent of the Jo~nt Powers Agreement formally effective September 1, 1996, and WHEREAS, NEW SECTA does not have a source of funding at this time and requires funding in order to meet the initial operating costs of NEW SECTA; and WHEREAS, Vernon is willing to loan money to NEW SECTA, subject to the terms and conditions set forth in the Loan Agreement for Initial Operating Costs submitted concurrently herewith, for costs incurred from September 1, 1996 through 1 December 31, 1996, in order to permit NEW SECTA to operate and 2 meet its responsibilities; and 3 WHEREAS, NEW SECTA anticipates receiving funding in the 4 future and is willing to use a portion of such funding to 5 reimburse Vernon for any funds advanced by Vernon pursuant to this 6 Agreement. 7 NOW, THEREFORE, THE PARTIES HERETO DO MUTUALLY AGREE AS 8 SET FORTH HEREIN: 9 SECTION 1: The foregoing recitals are true and correct 10 and constitute valid consideration for this Agreement. 11 SECTION 2: Vernon hereby establishes the Loan Fund which 12 shall be used to pay the administrative costs of NEW SECTA. 13 Vernon agrees to advance to the Loan Fund, and to loan to NEW 14 SECTA each month, subject to appropriation by the City Council of 15 Vernon on a subordinated basis of legally available funds, an 16 amount of funds of Vernon equal to the administrative costs of NEW 17 SECTA as such costs are shown on verified statements submitted 18 monthly by NEW SECTA to Vernon. Such statements are to be 19 submitted substantially in the form of Attachment "A" attached 20 hereto and incorporated herein by this reference as though fully 21 set forth at length. Notwithstanding any provision hereof to the 22 contrary, Vernon shall not be required to advance to NEW SECTA 23 more than the sum of One Hundred Thousand Dollars ($100,000) for 24 such administrative costs and expenses associated with NEW SECTA 25 activities. 26 SECTION 3: The sums as may be advanced to NEW SECTA from 27 the Loan Fund in each month shall bear interest at a rate of 28 interest per annum equal to ten percent (10%). Such interest -2- . IN WITNESS WHEREOF, the parties. hereto have executed this A9reement or.caused this Agreement to be executed by their respective officers, duly authorized, as of the date, month and 1 2 3 4 year first written above. 5 6 7 8 AT~/~~ BRUCE V. MALKENHORST, City Clerk 9 10 11 12 APPROVED AS TO FORM: 13 14 15 16 17 18 19 ATTEST: N~~;" }j;,-n'.J,t.~e- AILARIO GONZALES, SECRETARY APPROVED AS TO FORM: 20 21 22 ounsel 23 24 25 26 27 28 CITY OF VERNON THE NEW SOUTHEAST CITIES TRANSPORTATION AUTHORITY BY: ~~ . .,.-~ ~,. -RAUL rEREZ, CflairmaR ~ V\u.-rc..;..... S~ \ \I\q".. ?{,Q-^\~ -4- .. , . 1 ATTACHMENT A 2 Administrative Cost for NEW SECTA 3 4 Description of services or overhead: 5 6 General disposition of services provided: 7 8 9 Amount approved under this Attachment A: 10 11 $ Total cost incurred for Fiscal year: 12 $ 13 I, , the of NEW SECTA declare that 14 the foregoing is a true and correct statement of administrative 15 costs for the above-stated services or overhead of NEW SECTA. 16 Da te: . 17 By: 18 Attachments: 19 20 21 NOTE: In accordance with Section 2 of the Loan Agreement, not 22 more than the aggregate of One Hundred Thousand Dollars 23 ($100,000) of costs may be incurred. 24 25 26 27 28 Attachment A Page 1 of 1 INTER-OFFICE MEMORANDUM DATE: October 9, 1996 T0: Albert Ro les, General Manager, NEW SECTA FROM: Gloria sco, Chief Deputy City Clerk .SUBJECT: LOAN AGREEMENT FOR INITIAL OPERATING COSTS BETWEEN THE CITY OF VERNON AND THE NEW SOUTHEAST CITIES TRANSPORTATION AUTHORITY Attached hereto is a fully executed duplicate original of the above referenced agreement for your records. GJO/hr Attachment 1 INTER-OFFICE MEMORANDUM DATE: .September 24, 1996 ' T0: .Albert Robles, neral Manager, NEW SECTA FROM: Gloria J. Or s hief Deputy City Clerk SUBJECT: LOAN AGREEMENT FOR INITIAL OPERATING COSTS BETWEEN THE CITY OF VERNON AND THE NEW SOUTHEAST CITIES TRANSPORTATION .AUTHORITY Attached hereto are two duplicate originals of the above referenced agreement which need to be executed by Raul Perez. Wi11 you please forward the agreements to Mr. Perez and ask him to return both documents to this office for execution by the appropriate officials of the City of Vernon.. Thank you. GJO/hr Attachment OFFICE OF THE CITY CLERK INTER-OFFICE MEMORANDUM DATE: January 28,1997 T0: Martha Valenzuela, Finance Office. Manager FROM: Gloria J. o co, Chief Deputy City Clerk SUBJECT: New SECTA Payment - Dear Martha: In accordance with the New SECTA loan agreement, transmitted herewith is the "Administrative Cost" sheet in the amount of $24,686.63. .Please see that a check is issued to NEW SECTA in the amount of $24,686.63 and returned to this office. This will be charged to 011-110-Project SECT,. If you have any questions no not hesitate to contact me. / gj o i, :PaNSECTA ' , ` NEVV SOUTHEAST CITIES TRANSPORTATION AUTHORITY COMPTON ° HUNTINGTON PARK ° SOUTH GATE ° VERNON g \ , .MEMORANDUM. ~ ~ ~ k~)~ i:e~~~Y ,4C31VIlilli~~I ~i~',1 ,)I.'~ C)(=i 1~~: Date: January 28, 1997 ( 1 ~r ~'I_sZ;~,~jn~ Marcine Shaw Chair Mayor proTempore To: Mr. Bruce Malkenho_rst City of Compton City Administrator Thomas E. Jackson Vernon City Hall Vice Chair 4305 South Santa Fe Avenue ~riof Vernon; California 90058 Huntington Park Hilario Gonzales From: Albert Robles Treasurer/Secretary General Manager Councilmember City of Vernon New Southeast Cities Transportation Authority (New SECTA) 4305 South Santa Fe Avenue Albert Robles Vernon, California 90058 Director Councilmember City of South Gate Re: PER LOAN AGREEMENT WITH THE CITY OF VERNON, .REQUEST FOR RELEASE OF FUNDS Albert Robles General Manager - New SECTA has entered into a temporary financial arrangement with the City of David B. Brearley Vernon to finance the activities necessary to fulfill the intent of the Joint Powers Mega"°~'~' Agreement. The .City of Vernon, by resolution approved by both parties, agreed to make funds available upon .written request to cover expenses incurred by New SECTA up to an aggregate of one hundred thousand dollars ($100,000.00). The City of Vernon will be reimbursed by New SECTA, -plus interest as per agreement, for funds made available. On January 22, .1997, the New SECTA Board of Directors approved the demands in the amount of $24,686.63 for the period ended December 31, 1996. This is a request for funds in the amount necessary to pay said incurred cost. The formal written request- for funds is made in accordance with the form established by Attachment A of the loan agreement. If you should have any questions or concerns, please contact me at 213-583-8811 ext. 359. Thank you. enclosure 4305 SANTA FE AVENUE VERNON, CA 90058 PHONE: (213) 583-8811 EXT. 359 • FACSIMILE: (213) 585-4661 r ATTACHMENT A Administrative Cost for New SECTA Period Ended December 31, 1996 Description of services or overhead: a) Legal consulting, preparation of New SECTA resolutions, and other services b) Public relations, advocacy, promotion of New SECTA, and other services c) Administrative services for activities necessary to carry out intent of the J.P.A.: General disposition of services provided:. a) $ 69.70 photocopying, postage, FedEx, and State Filing expenses (October), plus $.1,890.00 monthly legal consulting fees per agreement (November), plus $ 1,890.00 monthly legal consulting fees per agreement (December), $ 3,849.70 total payment to: Law Offices of David B. Brearley b) $ 109.91 Kinko's, FedEx, and messenger expenses (October), plus $ 278.47 business cards, letterhead, and envelopes printing expenses (October), plus $ 12,000.00 monthly public relations fee per agreement (November), plus $ 904.90 printing and .expenses (December),- $ 13,293.28 total payment to: Rose and Kindel c) $ 3,000.00 monthly administrative services fee per agreement (Novc~-nber), plus $ 3,000.00 monthly administrative services fee per agreement (December), $ 6,000.00 total payment to: Albert Robles $ 1,400.00 monthly lease payment per agreement (Sept., Oct., Nov., and Dec.), plus $ 143.65 telephone billing expenses (Oct., Nov., and Dec.), $ 1,543.65 total payment to: City of Vernon $ 7,543.65 TOTAL Amount approved under this Attachment A: $ 24,686.63 Total cost incurred for Fiscal year: TOTAL $63,064.33 $ 21,322.47 (Sept) ~ 17,055.23 (Oct.) $ 24,686.63 (Nov.- Dec.) I, Albert Robles, the General Manager of New SECTA declares that the foregoing is a true and correct statement of administrative costs for the above-stated services or overhead of New SECTA. Date: January 22, 1996 By: Attachments: (none) NOTE: In accordance with section 2 of the Loan Agreement, not more than the aggregate of.one Hundred Thousand Dollars ($100,00.00) of costs may be incurred. 12/23/96 Mr, Mulkenh.orst The:: attached to the City ofaLynwoodkenlY sent to us, The e Thank nvelope was addressed You, Gina sJ~V 1~~L11 ~.~.1.•~~~ rl ~~.L V~J~~.i'S-~1 2~~'C~Jj Ff~ ~ ~ ~JTHOL~ ITY CoM~~TON e Hut~~~rrniG7~a?~ PARK ©L~w«ioon ®Sot~Tr-i Gf~Tr ~ VLr~NON ~y~~ ` C~~/ ~ - - ~ ~ MEMORANDUM Rau, Perez Date: December 1 1, 1996 President ~ U Councilmember, ~'~~nngt°nn~rk To~ M?•. BruceMalkenhorst City Administrator lblarcin•~ sh^,,. Vernon City Hall vicePresiaent 4305 Sou Conncilmembeq th SantaFe Avenue °f ~°"'Pt°" Vernon, California 90058 xnario Gonzales Albert Robles secretary From: Councilmember, General Manager Ci ty of Vernon Southeast Cities Transportation Authority (SECTA) Paul Richards Mayor, Ci ty of Lynwood Re: PER LOAN AGREEMENT WITH THE CITY OF VERNON, Albert Robles REQUEST FOR RELEASE OF FUNDS TO RETIRE OUTSTANDING DEBT Councilmember, CityofSouthGate ~ - This is a request for funds in the amount necessary to retire the outstanding debt incurre Albert Robles by SECTA in the months of July and August 1996. SECTA's Legal Counsel advises that General Ma"age` now is the appropriate time to proceed with this matter. The formal written request for David B. Brearley funds is made in accordance with the form established by Attachment A of the agreement. Legal Counsel SECTA has entered into a temporary financial arrangement with the City of Vernon to finance the activities necessary to .fulfill the intent of the joint powers agreement. The amity ~f `Jernon, by rz3;,luti~,n approved by berth ul ties, Dili make funds available u nn written request to cover expenses incurred by SECTA - u to an a p hundred thousand dollars ($100,000:00). The City of Vernon will b ere~mbu~sed b SECTA, plus interest per agreement, for funds made available to SECTA. y Thank you. ` O~•~ r~ t V `I b ' i t ~ t °~l ' f ~ ~ ``l`"~ rz,~e~ '11326 BULLIS ROAD • LYNWOOD; CA 90262 PHONE: (310) 632-8588 • FACSIMILE: (310) 632-6562 , ~ , t ATTACHMENT A Administrative Cost for SECTA RETIRING OUTSTANDING DEBT DEMANDS INCURRED IN THE MONTHS OF ' JULY AND AUGUST 1996 Description of services or overhead: a) Legal consulting, preparation of SECTA resolutions, and other services b) Public relations, advocacy, promotion of SECTA, and other services c) Administrative services' for activities necessary to carry out intent of the J.P.A. General disposition of services provided: a) $135.00 reimbursement for messenger service (JULY), plus . $20.90 photocopying expense (AUGUST), plus $2;54.25 additional services fee for extra le~ai work (r1LTGL7ST), plus $1,890.00 monthly legal consulting per agreement (AUGUST), 4 550 15 TOTAL PAYMENT TO: Law Offices of David B. Brearley b) $12,000.00 monthly public relations fee per agreement (JULY), plus $591.44 expenses, including P.O. Box fee, parking, etc. (JULY), plus $12,000.00 monthly public relations fee per agreement (AUGUST), plus $644.21 expenses, including Kinko's services, etc: (AUGUST), plus $630.88 SECTA letterhead and business cards (JULY), $25,866.53 TOTAL PAYMENT TO: Rose and Kindel c) $3,000,00 monthly administrative services fee per agreement (AUGUST'), 3 000.00 TOTAL PAYMENT TO: Albert Robles Amount. approved under this Attachment A`. e i f"1s $33,416.68 , ; , Total cost incurred for Fiscal year: $38,336.68 TOTAL DEMANDS I, Albert Robles, the General Manager of SECTA declares that the foregr~ing is a tn~e and correct statement of administrative costs for the above-stated services or overhead of SECTA. Date: December 11, 1996 By: Attachments: (none) NOTE: In accordance with section 2 of the Loan Agreement,. not more than the aggregate of one Hundred .Thousand Dollars ($100,00,00) of costs maybe incurred. , F; UTHEAST CITIES TPANSPORTATION AUTHORITY COMP"ION • ~-IUNTIN(~TONPARK • I~l'N1~~000 • SOUTI-1 GA'I'I: ° VGRNON MEMORANDUM . Ranl Perez Date: December 11, 1996 President Councilmembeq I cit,-nr To: Mr. Bruce Malkenhorst Huntington Park 'City Administrator Mazcine Shaw Vernon Clty Hall vice rresiaent 4305 South Santa Fe Avenue Councilmembeq City of ~on,Pton - Vernon, California 90058 Iiilazio Gonzales secretary From: Albert Robles ~°°nciimember, General Manager Cit,• of Vernon ~ ~ ~ .~~7 Southeast Cities Transportation Author' y (SECT Paul Richards --~~----~•---~c , Mayor, ~ty of Lynw°°d Re: PER LO EME Tu. TT-7F rTTY OF VE1Zl~TON~~ Albert Robles REQUEST FOR RELEASE OF FUNDS TO RETIItE OUTSTANDING DEBT Councilmember, - Cib• of South Gate - - This is a request. for funds in the amount necessary to retire the outstanding debt incurred Albert Robles by SECTA in the months of July and August 1996. SECTA's-Legal Counsel advises that General Manager now is the appropriate time to proceed with this matter. The formal written request for funds is made in accordance with the. form established by Attachment A of the agreement. David B. Breazley Legal Counsel SECTA has. entered into a temporary financial arrangement with the City of Vernon to finance the activities necessary to fulfill the intent of the joint :powers agreement. The City of Vernon, by resolution approved by both parties, will make funds available upon written request to .cover expenses incurred by SECTA up to an aggregate of one hundred thousand. dollars .($1.00,000.00). The City of Vernon will be reimbursed by SECTA, plus interest per agreement, for funds made available to SECTA. Thank you. 11326 BULLIS POAD LTI~l1'OOD, CA 90262 - PHONL: (310) (,52-86S8 F,~C51?,1ILr: (310) 632-6662 ATTACHMENT A Administrative Cost for SECTA . RETIRING OUTSTANDIN DEBT DEMANDS INCLTRRFD IN THE MONTH OF JULY AND AUGUST 1996 Description of services or overhead: a) Legal consulting, preparation of SECTA resolutions, and other services - b)-Public-relations, -advocacy,-promotion of SECTA,-and-other services-~ ~ ~ - - - - - ~ c) Administrative services for activities necessary to carry out intent of the J.P.A. General disposition of services provided: a) $13 5.00 reimbursement for messenger service (JULY), plus $20.90 photocopying expense (AUGUST), plus $2,504.25 additional services fee for extralegal work (AUGUST), plus .$1,890.00 monthly legal consulting per agreement (AUGUST), 4 550.15 TOTAL PAYMENT TO: Law Offices of David B. Brearley b) $12,000.00. monthly public relations fee per agreement (JULY), plus - $591.44 expenses, including P.O. Box fee, parking, etc. (JULY), plus $12,000.00 monthly public relations fee per agreement (AUGUST), plus $644.21 expenses, including Kinko's services, etc. (AUGUST), plus $630.88 SECTA letterhead and business cards (JULY), $25,866.53 TOTAL PAYMENT TO: Rose and Kindel c) $3,000.00 monthly administrative services fee per agreement (AUGUST), 3 000.00- TOTAL PAYMENT TO: Albert Robles Amount approved under this Attachment A: $33,416.68 Total cost incurred for Fiscal year: $38,336.68 TOTAL DEMANDS I, Albert Robles, the General Manager of SECTA declares that the foregoing is a true and correct statement of administrative costs for the above-stated. services or overhead of SECTA. Date: December 11, 1996 By: Attachments: (none) NOTE: In accordance. with section 2 of the Loan Agreement, not more than the aggregate of one Hundred Thousand Dollars _($100,00.00) of costs may be incurred. ®FFICE OF TIIE CITY CI~ERI~ I1~TTER-®FFICE MEIVIOIZA1~TDiJIVI DATE: November 18, 1996 TO: Martha Vale uela, Office Manager - Finance FROM: Gloria J. co, Chief Deputy City Clerk SUBJECT: New SECTA Payment Dear Martha:- In accordance with the New SECTA loan agreement, transmitted herewith is a billing in the amount of $17,055.23,. for administrative costs for the New SECTA. Please return check to me as soon as possible. Chg. 011-110 Proj. #SECTA Thank you. Note: Albert Robles, General Manager of New SECTA has determined the total amount that has been paid to New SECTA is $38,377.70 (including this request). In accordance with the agreement no more than $100,000 shall be paid to the New SECTA for such administrative & expense costs. :CCLRKME.mo BEN' NEW SOUTHEAST CITIES TRANSPORTATION AUTHORITY COMPTON • HUNTINGTON PARK • SOUTH GATE ° VERNON MEMORANDUM Date: November 12, 1996 Raul Perez chairman To: Mr, Bruce Malkenhorst Councilntent ber,- City of Huntington Park City Administrator Vernon City Hall Marcine Shaw 4305 South Santa Fe Avenue Vice Chairman Mayor pro Tempore, Vernon, California 90058 City of Compton From: Albert Robles Hilario Gonzales Treasurer/Secretary General Manager Councilmembeq New Southeast Cities Transportation Authority (New SECTA) City of Vernon 4305 South Santa Fe Avenue Albert Robles Vernon, California 90058 Councilmember, City of South Gate Re: PER LOAN AGREEMENT WITH CITY OF VERNON, REQUEST FOR RELEASE OF FUNDS Albert Robles General Manager New SECTA entered into a temporary financial arrangement with the City of Vernon to David B. Brearley finance the activities necessary to fulfill the intent of the j oint powers agreement. The City Legal Connsei of Vernon, by resolution approved by both parties,' will make funds available upon written request to cover expenses incurred by New SECTA up to an aggregate of one hundred thousand dollars ($100,000.00). The City of Vernon will be reimbursed by New SECTA, plus interest per agreement, for funds made available. On November 6, 1996, the New SECTA Board of Directors approved the demands in the amount of $17,055.23 for the period ended October 31, 1996. This is a request for funds in the amount r~zcessary to meet said incurred cost: The formal written request. fir funds is made in accordance with the form established by Attachment A of the loan agreement. If you should have any questions or concerns, please contact me at 213-583-8811 ext. 359. Thank you. enclosure 4305 SANTA FE AVENUE VERNON, CA 90058 PHONE: (213) 583-8811 EXT. 359 • FACSIMILE: (213) 585-4661 OFFICE OF THE CITY CLERK . INTER-OFFICE MEMORANDUM . DATE: October 8,,1996 T0: Martha Valenzuela, Finance Office .Manager ~~l FROM: Gloria J. Oros q, Chief ,Deputy City Clerk SUBJECT:. NEW SECTA PAYMENT Martha: We have received .a notice-from Albert Robles, General Manager of the New SECTA, requesting funds to meet .New SECTA's September- administrative financial obligations. Please .see that a check is issued to NEW SECTA in the amount of $21,321.47 (per attachment A) and .returned to this office. The charge for this check is 011-110 Project SECTA. Tf you have any questions do not hesitate. to contact me. :CCLRKME.mo fr,3 iz:.r.. 1~~' ~ ~ ~ . w ~ "~,~~~d~~,~~ ; ; ATTACHMENT A ~ Administrative Cost for New SECTA ' ,~`~{f f l ' period ended September 30. 1996 ~tiy~' q 1 a~ r ~ ~ ~ ~ 6 ~ ~ ~ ~ ,;..Description of services or overhead: ~ ~~~fi;l~ it `i ~ a) Legal consulting, preparation of New SECTA resolutions, and other services u3i !tii b) Public relations; advocacy, promotion of New SECTA, and other services ~ ~ ' ~ ~ c) Administrative services for activities necessary to carry out intent of the J.P.A. , 1~` ~ General disposition of services provided: a) $1,890.00 monthly legal consulting fees per agreement to: Law Offices of David E. Erearley ~ b) $12,000.00 monthly public relations fee per agreement to: Rose and Kindel $4,120.72 payment for postage and mail house services to: Pacific Admail $307.94 payment for mailing list to: Political Data Inc. $16 4 8 66 TOTAL c) $3,000.00 monthly administrative services fee per agreement to: Albert Robles $2:81 payment for telephone service to: City of Vernon $x,002 g TOTAL Amount approved under this Attachment A: $21;321.47 ' ..:Total cost incurred for Fiscal year: $21,321.47 I, Albert Robles, the General Manager of New SECTA declares that the foregoing is a true and correct ` ~ statement of administrative costs for the above-stated services or overhead of Ne~F SECTA. Date: October 2, 1996 r, a i By: R ~ Attachments: (none) ' ~~,P~ - ' i~ NOTE: ' In accordance with section 2 of the Loan Agreement, not more than the aggregate of one Hundred Thousand Dollars ($100,00.00) of costs may be incurred. NEW SOUTHEAST CITIES TRANSPORTATION AUTHORTTY COMPTON • HUNTINGTON PARK • SOUTH GATE • VEKNON ~ ~ MEMORANDUM ~I ~ ? y. U ~ ~o, ~ 1, Date: October 7, 1996 I''S~A~a U,` TC~n Ranl Perez ~ ' F Chairman TO: Mr. Bruce Malkenhorst `~°'i~~~~~ pF ! Counoflmember'- Clty AdminlStrator Fc~ ty Huntington Park Vernon City Hall - 4305 South Santa Fe Avenue Marcine Shaw vicechTirman Vernon, California 90058 Mayor pro Tempore, City of Compton From: Albert Robles Hilario Gonzales General Manager Treasurer/Secretary New Southeast Cities Transportation Authority (New SECTA) Councilmember, pity°f"e`"°" 4305 South Santa Fe Avenue Vernon, California 90058 Albert Robles Councilmember, City of South Gate Re: PER LOAN AGREEMENT WITH CITY OF VERNON, REQUEST FOR RELEASE OF FUNDS Albert Robles New SECTA has entered into a temporary financial arrangement with the City of Vernon to General Manager finance the activities necessary to fulfill the intent of the joint powers agreement. The City David B. Brearley of Vernon, by resolution approved by both parties, will make funds available upon written LegaiC°°nse' request to cover expenses incurred by SECTA up to an aggregate of one hundred thousand dollars ($100,000.00). The City of Vernon will be reimbursed by New SECTA, plus interest per agreement, for funds made available. On October 2, 1996, the New SECTA Board of Directors approved the demands in the amount of $21,321.47 for the period ended September 30, 1996. This is a request for funds in the amount necessary to meet said incurred cost. The formal written request for funds is made in accordance with the form established by Attachment A of the agreement. If you should have any questions or concerns, please contact me at 213-583-8811 ext. 359. Thank you. 4305 SANTA FE AVENUE • VERNON, CA 90058 PHONE: (213) 583-8811 EXT. 359 • FACSIMILE: (213) 585-4661 ATTACHMENT A Administrative Cost for New SECTA period ended September 30, 1996 Description of services or overhead: a) Legal consulting, preparation of New SECTA resolutions, and other services b) Public relations, advocacy, promotion of New SECTA, and other services c) Administrative services for activities necessary to carry out intent of the J.P.A. General disposition of services provided: a) $1,890.00 monthly legal consulting fees per agreement to: Law Offices ofDavid B. Brearley b) $12,000.00 monthly public relations fee per agreement to: Rose and Kindel . $4,120.72 payment for postage and mail house services to: Pacific Admail $307.94 payment for mailing list to: Political Data Inc. $16.428.66 TOTAL c) $3,000.00 monthly administrative services fee per agreement to: Albert Robles $2.81 payment for telephone service to: City of Vernon $3,,002.81 TOTAL Amount approved under this Attachment A: $21,321.47 Total cost incurred for Fiscal year; $21,321.47 I, Albert Robles, the General Manager of New SECTA declares that the foregoing is a true and correct statement of administrative costs for the above-stated services or overhead of New SECTA. ~ Date: October 2, 1996 4~ By: Attachments: (none) NOTE: In accordance with section 2 of the Loan Agreement, not more than the aggregate of one Hundred Thousand Dollars ($100,00.00) of costs maybe incurred.