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Home My WebLink About01/27/98C-ry "Frustration k when the came snow that covers the dd dopes melees the roads to them impassable." AGENDA REGULAR MEETING HERMOSA BEACH CITY COUNCIL Tuesday, January 27, 1998 - Council Chambers, City Hall Regular Session - 7:10 p.m. Closed Session - Immediately following Regular Session MAYOR Sam Y. Edgerton MAYOR PRO TEM Robert Benz COUNCIL MEMBERS John Bowler Julie Oakes J. R. Reviczky CITY CLERK Elaine Doerfling CITY TREASURER John M. Workman CITY MANAGER Stephen R. Burrell CITY ATTORNEY Michael Jenkins All council meetings are open to the public. PLEASE ATTEND. The Council receives a packet with detailed information and recommendations on nearly every agenda item. Complete agenda packets are available for public inspection in the Police Department, Fire Department, Public Library, the Office of the City Clerk, and the Chamber of Commerce. During the meeting, a packet is also available in the Council foyer. CALL TO ORDER PLEDGE OF ALLEGIANCE ROLL CALL MAYOR'S COMMENTS / ANNOUNCEMENTS PUBLIC PARTICIPATION: Although the City Council values your comments, the Brown Act generally prohibits the Council from taking action on any matter not listed on the posted agenda. (a) ORAL COMMUNICATIONS Members of the public wishing to address the City Council on any items within the Council's jurisdiction may do so at this time. (Exception: Comments on public hearing items must be heard during the public hearings.) Members of the public wishing to request the removal of an item from the Consent Calendar may do so at this time. Please limit comments to one minute. Citizens also may speak: 1) during discussion of items removed from the Consent Calendar; 2) during Public Hearings; 1 3) with the Mayor's consent, during discussion of items appearing under Municipal Matters; and, 4) before the close of the meeting during "Citizen Comments". Citizens with comments regarding City management or departmental operations are requested to submit those comments to the City Manager. (b) COUNCIL COMMENTS (c) WRITTEN COMMUNICATIONS 1. Letter from Robert Woodie dated January 7, 1998 regarding commercial airplane noise and LAX expansion project. RECOMMENDATION: Refer to LAX Expansion Sub -committee. 1. CONSENT CALENDAR: The following more routine matters will be acted upon by one vote to approve with the majority consent of the City Council. There will be no separate discussion of these items unless a Council member removes an item from the Consent Calendar. Items removed will be considered under Agenda Item 3, with public comment permitted at that time. (a) Recommendation to approve minutes of the regular meeting of the City Council held on January 13, 1998. (b) Recommendation to ratify check register. (c) Recommendation to receive and file Tentative Future Agenda Items. (d) Recommendation to receive and file the December 1997 financial reports: 1) Revenue and expenditure report; 2) City Treasurer's report; and, 3) Investment report. (e) Recommendation to receive and file action minutes from the Planning Commission meeting of January 20, 1998. (f) Recommendation to adopt resolution approving Final Map #52295 for an eight (8) unit condominium project at 1005-1019 Monterey Boulevard. Memorandum from Community Development Director Sol Blumenfeld dated January 20, 1998. (g) Recommendation to adopt resolution approving Final Map #52158 for commercial resort condominiums at 1301 The Strand. Memorandum from Community Development Director Sol Blumenfeld dated January 20, 1998. 2 • • 2. CONSENT ORDINANCES a. ORDINANCE NO. 98-1178 - "AN ORDINANCE OF THE CITY OF HERMOSA BEACH, CALIFORNIA, AMENDING THE MUNICIPAL CODE, TITLE 17, TO EXTEND THE ALLOWED DURATION FOR DISPLAY OF TEMPORARY SIGNS FROM 60-90 DAYS." For adoption. Memorandum from City Clerk Elaine Doerfling dated January 15, 1998. b. ORDINANCE NO. 98-1179 - "AN ORDINANCE OF THE CITY OF HERMOSA BEACH, CALIFORNIA, AMENDING THE ZONING ORDINANCE TO INCORPORATE CERTAIN POLICIES PREVIOUSLY SET FORTH IN POLICY STATEMENTS." For adoption. Memorandum from City Clerk Elaine Doerfling dated January 15, 1998. 3. ITEMS REMOVED FROM THE CONSENT CALENDAR FOR SEPARATE DISCUSSION. f * Public comments on items removed from the Consent Calendar. PUBLIC HEARINGS - TO COMMENCE AT 7:30 P.M. NONE MUNICIPAL MATTERS 4. 1996-97 COMPREHENSIVE ANNUAL FINANCIAL REPORT (INCLUDING REPORT FROM INDEPENDENT AUDITOR), 1996-97 SINGLE AUDIT REPORT. Memorandum from Finance Director Viki Copeland dated January 20, 1998. RECOMMENDATION: Receive and file reports. 5. VETERANS' DAY FLAG DISPLAY PROGRAM. Memorandum from City Manager Stephen Burrell dated January 22, 1998. RECOMMENDATION: 1) Direct staff to prepare a proposal for consideration during the budget process to have flags displayed on City owned property including Pacific Coast Highway, Aviation, and Hermosa Avenue light standards; and, 2) approve effort by staff to publicize display of flags through newsletters, etc. and to meet with groups interested in developing the program. 6. MISCELLANEOUS ITEMS AND REPORTS - CITY MANAGER NONE 7. MISCELLANEOUS ITEMS AND REPORTS - CITY COUNCIL NONE 3 • • 8. OTHER MATTERS - CITY COUNCIL Requests from Council members for possible future agenda items: Recommended Action: 1) Vote by Council whether to discuss this item; 2) refer to staff for a report back on a future agenda; or, 3) resolution of matter by Council action tonight. a. Request from Councilmember Bowler to form a subcommittee to begin plans for a millennium celebration. CITIZEN COMMENTS Citizens wishing to address the Council on items within the Council's jurisdiction may do so at this time. Please limit comments to three minutes. ANNOUNCEMENT IN OPEN SESSION OF ITEMS TO BE DISCUSSED IN CLOSED SESSION AS FOLLOWS: .- f 1. MINUTES: Approval of minutes of Closed Session meeting held on January 13, 1998. 2. CONFERENCE WITH LEGAL COUNSEL The City Council finds, based on advice from legal counsel, that discussion in open session will prejudice the position of the City in the litigation. Existing Litigation: Government Code Section 54956.9(a) a. Name of Case: Hermosa Beach Walk Street Homeowners, et al. v. City of Hermosa Beach, et al. Case Number: YCO28756 b. Name of Case: Boyd v. City of Hermosa Beach Names of Claimants: Kit & Valerie Boyd Claim Number: 98-0013 3. CONFERENCE WITH LABOR NEGOTIATOR Government Code Section 54957.6 City Negotiator: Stephen Burrell Employee Organization: Hermosa Beach Police Management Association ADJOURN TO CLOSED SESSION RECONVENE TO OPEN SESSION ORAL ANNOUNCEMENTS ADJOURNMENT ACTION SHEET REGULAR MEETING HERMOSA BEACH CITY COUNCIL Tuesday, January 27, 1998 - 7:10 p.m. Closed Session - Immediately following Regular Session CALL TO ORDER: 7:12pm PLEDGE OF ALLEGIANCE: Joanne Edgerton ROLL CALL: BOWLER, OAKES, REVICZKY, EDGERTON ARRIVED AT 7:13PM ABSENT: BENZ MAYOR'S COMMENTS / ANNOUNCEMENTS: HERMOSA BEACH EDUCATION FOUNDATION DINNER DANCE FUNDRAISER, 2/13/98, $190 PER COUPLE, TORRANCE HILTON. PUBLIC PARTICIPATION: (a) ORAL COMMUNICATIONS Shirley Cassell: Questioned when year-round preferential parking program would begin and when council chambers remodel would begin. Scott Alden: Requested that Council ask for a new EIR for the oil project based on Arthur Little Hazard Report findings. Harry Smith: Spoke in opposition to current EIR for oil project. Roger Bacon: Challenged Chuck Sheldon to match his $2500 donation to the Vetter Windmill Restoration Fund Gigi Miller: Spoke in opposition to oil project. Claudia ?: Requested new EIR for oil project. (b) COUNCIL COMMENTS CM STATED THAT STAFF WILL HAVE A PROPOSAL FOR A CONSULTANT TO REVIEW THE OIL DOCUMENTS AT THE 2/10/98 MEETING. 1 (c) WRITTEN COMMUNICATIONS 1. Letter from Robert Woodie dated January 7, 1998 regarding commercial airplane noise and LAX expansion project. 1. CONSENT CALENDAR: (a) Recommendation to approve minutes of the regular meeting of the City Council held on January 13, 1998. (b) Recommendation to ratify check register. (c) Recommendation to receive and file Tentative Future Agenda Items. (d) Recommendation to receive and file the December 1997 financial reports: 1) Revenue and expenditure report; 2) City Treasurer's report; and, 3) Investment report. (e) Recommendation to receive and file action minutes from the Planning Commission meeting of January 20, 1998. (1) Recommendation to adopt resolution approving Final Map #52295 for an eight (8) unit condominium project at 1005-1019 Monterey Boulevard. Memorandum from Community Development Director Sol Blumenfeld dated January 20, 1998. PULLED BY SE (g) Recommendation to adopt resolution approving Final Map #52158 for commercial resort condominiums at 1301 The Strand. Memorandum from Community Development Director Sol Blumenfeld dated January 20, 1998. PULLED BY JO FOR SHIRLEY CASSELL Akg 2. CONSENT ORDINANCES a. ORDINANCE NO. 98-1178 - "AN ORDINANCE OF THE CITY OF HERMOSA BEACH, CALIFORNIA, AMENDING THE MUNICIPAL CODE, TITLE 17, TO EXTEND THE ALLOWED DURATION FOR DISPLAY OF TEMPORARY SIGNS FROM 60-90 DAYS." For adoption. Memorandum from City Clerk Elaine Doerfling dated January 15, 1998. b. ORDINANCE NO. 98-1179 - "AN ORDINANCE OF THE CITY OF HERMOSA BEACH, CALIFORNIA, AMENDING THE ZONING ORDINANCE TO INCORPORATE CERTAIN POLICIES PREVIOUSLY SET FORTH IN POLICY STATEMENTS." For adoption. Memorandum from City Clerk Elaine Doerfling dated January 15, 1998. 3. ITEMS REMOVED FROM'1'HE CONSENT CALENDAR FOR SEPARATE DISCUSSION. * Public comments on items removed from the Consent Calendar. PUBLIC HEARINGS - TO COMMENCE AT 7:30 P.M. NONE MUNICIPAL MATTERS 4. 1996-97 COMPREHENSIVE ANNUAL FINANCIAL REPORT (INCLUDING REPORT FROM INDEPENDENT AUDITOR), 1996-97 SINGLE AUDIT REPORT. Memorandum from Finance Director Viki Copeland dated January 20, 1998. 3 5. VETERANS' DAY FLAG DISPLAY PROGRAM. Memorandum from City Manager Stephen Burrell dated January 22, 1998. CONS O G1 ................................ ET�TAFF<TCI<PRF:� A ........,...:::<:..:::.:;.::.:;.:;.:;.:;.:;.:;.:;;.: RIN'r TRE BUIL OWIEED.PtOP +J� ,A;ND �HER1 AFP >:< .BARD • A'('�iii::::>::: F..F I Xtrrf 6. MISCELLANEOUS ITEMS AND REPORTS - CITY MANAGER NONE 7. MISCELLANEOUS ITEMS AND REPORTS - CITY COUNCIL NONE 8. OTHER MATTERS - CITY COUNCIL Requests from Council members for possible future agenda items: Recommended Action: 1) Vote by Council whether to discuss this item; 2) refer to staff for a report back on a future agenda; or, 3) resolution of matter by Council action tonight. a. Request from Councilmember Bowler to form a subcommittee to begin plans for a millennium celebration. CITIZEN COMMENTS NONE ADJOURN AT. ANNOUNCEMENT IN OPEN SESSION OF ITEMS TO BE DISCUSSED IN CLOSED SESSION AS FOLLOWS: 1. MINUTES: Approval of minutes of Closed Session meeting held on January 13, 1998. 4 • 2. CONFERENCE WITH LEGAL COUNSEL The City Council finds, based on advice from legal counsel, that discussion in open session will prejudice the position of the City in the litigation. Existing Litigation: Government Code Section 54956.9(a) a. Name of Case: Hermosa Beach Walk Street Homeowners, et al. v. City of Hermosa Beach, et al. Case Number: YCO28756 b. Name of Case: Boyd v. City of Hermosa Beach Names of Claimants: Kit & Valerie Boyd Claim Number: 98-0013 3. CONFERENCE WITH LABOR NEGOTIATOR Government CodeSection 54957.6 City Negotiator: Stephen Burrell Employee Organization: Hermosa Beach Police Management Association ADJOURN TO CLOSED SESSION: 8:15PM 5 INF January 7, 1998 1315 Valley Drive Hermosa Beach, CA 90254 RECEIVED JAN 1 2 199 CITY MGR. OFFICE Dear Mayor and City Council, Please excuse my outrage and sense of crisis since I am sure that I must not be the first to complain about the dramatic increase recently in commercial airplane noise over our beautiful city of Hermosa Beach. I have been a resident of Hermosa and Manhattan Beaches my entire life. Never before have I experienced the level of noise or the number of commercial aircraft that have begun flying over our city these last 6 months. It is to a level that it is what people on our block now talk about when we see each other. While private aircraft traffic also seems to have increased, the most disturbing change has been the regular occurrence of commercial aircraft noise and related fly overs. What has changed? This is the fundamental question I would like your help in getting answered along with the question of how long this situation will last. I have spoken with LAX's noise hotline (64 -noise) and so far have learned the following. Once a plane leaves LAX it falls under the FAA which determines flight paths. According to this hotline and a town hall meeting with the new FAA administrator hosted by Jane Harman recently on LAX expansion, the corridor near LAX was recently widened (now over Manhattan and Hermosa Beaches) and the ceiling lowered. This now allows eastbound aircraft leaving LAX to perform a "loop departure" which begins out over the ocean, swings south 180 degrees and then passes through this corridor, either directly over or just to the south of LAX, at approximately 10,000 feet. While I haven't been able to confirm this, it is my belief that the FAA is allowing pilots to use this new, quicker loop departure to make up time lost due to the overcrowded conditions now at LAX.. I believe the standard eastbound departure swings around Palos Verdes and does not cross over land again until about Long Beach when the aircraft would be significantly higher than 10,000 feet. Numerous calls placed to the FAA noise complaint line (725-3638) have yielded nothing as I am prompted to leave my complaint on the answer machine that I am then told via a different message is full. From my personal observations, it is this new loop departure which has caused the significant increase in noise and overhead commercial (and potentially private) aircraft in our city. The challenge as I see it is twofold. First is to establish a regular and comprehensive line of communication with the FAA. Perhaps the most disturbing aspect of this situation is that the FAA simply changed its corridors and flight patterns without telling the impacted communities, let alone soliciting community feedback. It is my understanding that the agency is heavily lobbied by the airlines to aid them in cutting costs and maintaining the timeliness of their routes. It is obvious that a "loop departure" versus the standard eastbound departure would save the airlines both time and money. We must insist that the communities impacted by such changes have a greater say in the FAA decisions than the airlines. ci The second challenge is to force the FAA to abandon its loop departure. Daunting as the task of taking on a federal bureaucracy may seem, it is paramount to regaining the quality of life we enjoyed in Hermosa Beach prior to the last 6 months. In addition, I feel the residents of Hermosa Beach should be allowed access to FAA flight paths, both past, present and proposed, that have the slightest chance of affecting the noise levels, air pollution, and risk of overhead airplane crashes in our neighborhood. Lastly, but perhaps most importantly, is LAX expansion. If the current overcrowded condition at LAX has already caused a deterioration in quality of life here in Hermosa Beach, how could an expansion of this airport improve our situation? I was disappointed to see Manhattan and Redondo but not Hermosa Beach represented at the Jane Harmon hosted meeting on LAX expansion. We must be very vocal and visible in our city's opposition to such an expansion. We should support a regional solution to the overcrowded condition which recommends expansion at other regional airports rather than LAX to address projected increases in cargo and commuter traffic. The current situation is a crisis for our city. The downtown project has been a great success for our city but will be irrelevant when house values are plunging and people are moving out of the area in droves due to the Inglewood -like noise levels, jet fuel soot in our air, and the risk of overhead plane crashes in our neighborhoods. I believe more and more people will take greater notice once the spring and summer bring people back to the beaches and in full view of the new loop departure. Our city desperately needs visible leadership here. I look forward to hearing from you what the city of Hermosa Beach knows, has done, and plans to do on this paramount issue in the future. I would like to know what we as individual citizens can do to help move the tremendous bureaucracy that is the FAA. Does anyone have a guess as to how long it might take to change things back? We must stand up for our quality of life. There is no better place in the south bay than Hermosa Beach and we shouldn't allow the FAA to change that. I look forward to your response in the near future. Thank you for your efforts on our neighborhood's behalf. S Robert Woodie 430-29t Street Hermosa Beach, CA 90254 (310) 372-3041 2 MINUTES OF THE REGULAR MEETING OF THE CITY COUNCIL of the City of Hermosa Beach, California, held on Tuesday, January, 13, 1998, at the hour of 7:13 P.M. PLEDGE OF ALLEGIANCE - Maria Glosser, video camera operator ROLL CALL: Present: Bowler, Oakes, Reviczky, Mayor Pro Tempore Benz Absent: Mayor Edgerton (arrived at 7:53 P.M.) MAYOR'S COMMENTS/ANNOUNCEMENTS: Mayor Pro Tempore Benz said that he has received many favorable comments on the Hermosa Avenue median strips. Councilmember Reviczky read a letter from the "Good Shepherd Shelter" expressing appreciation for the Christmas gifts received from the Beach Cities Toy Drive and explaining how joyfully these gifts had been received by both the children and their mothers. PRESENTATIONS: PRESENTATION BY BROWNING -FERRIS INDUSTRIES OF "AMERICA RECYCLES DAY" PRIZES TO WINNERS FROM HERMOSA BEACH Chip Scholz, representing Browning-Ferris Industries, spoke of the recent competition and introduced Albert Robles who presented plaques and police jackets made from a material created from recycled soda bottles to the winners of the local competition, Chelsea Larkin and Kevin Unger. Mr. Robles also commended their teacher Dee Strange for her efforts in recycling for many years. Photo opportunities were supplied by the appearance of "Mobius",, the recycling mascot, as Mr. Robles explained that November 15, 1997, was the first of an annual "America Recycles Day" that will emphasis the need not only to recycle but also to purchase products made from recycled materials. PUBLIC PARTICIPATION: (a) ORAL COMMUNICATIONS Coming forward to address the Council at this time were: Joanne Edgerton - representing the Hermosa Beach Education Foundation, a non-profit organization that provides extra funding for Hermosa Beach schools, announced that the major fund-raiser for the Foundation would be a Valentine's Dinner/Dance held at the Torrance Hilton on Friday, February 13, 1998, at a cost of $190 per couple with tickets available through the schools or by calling 374-0193. City Council Minutes 01-13-98 Page 9602 Ia • 1 (b) COUNCIL COMMENTS - None (c) WRITTEN COMMUNICATION - None 1. CONSENT CALENDAR: Action: To approve the consent calendar recommendations (a) through (m), with the exception of the following items which were removed for discussion in item 3, but are shown in order for clarity: (b) Bowler and (f) Reviczky. Motion Bowler, second Reviczky. The motion carried by a unanimous vote, noting the absence of Mayor Edgerton. No one came forward to address the Council on items not removed from the consent calendar. At 7:30 P.M. the order of the agenda was suspended to go to the public hearings starting with item 4. (a) RECOMMENDATION TO APPROVE THE FOLLOWING MINUTES: 1) Minutes of the Regular Meeting held on December, 9, 1997; and, 2) Minutes of the Regular Meeting held on December 23, 1997. Action: To December 9, Resolution December 23, approve the minutes of the Regular Meeting of 1997 (noting clerical corrections to the numbering), and the Regular Meeting of 1997, as presented. (Mayor Edgerton absent) (b) RECOMMENDATION TO RATIFY THE CHECK REGISTER NOS. 12233 THROUGH 12534 INCLUSIVE, NOTING VOIDED CHECK NOS. 12272, 12431 AND 12515, AND TO APPROVE CANCELLATION OF CERTAIN CHECKS, NOS. 6858, 11747, 12293, 12297, 12317 AND 12407. AS RECOMMENDED BY THE CITY TREASURER. This item was removed from the consent calendar by Councilmember Bowler for separate discussion later in the meeting in order to question check number 12377 regarding maintenance work in the downtown area and to ask staff for a status on the needed corrections measures. City Manager Stephen Burrell responded that there should be an item on the agenda of the next meeting, January 27, 1998, giving the status of the corrective measures. Mayor Edgerton arrived at 7:53 P.M. Action: To ratify the check register as presented. Motion Bowler, second Reviczky. The motion carried by a unanimous vote. City Council Minutes 01-13-98 Page 9603 J (c) RECOMMENDATION TO RECEIVE AND FILE THE TENTATIVE FUTURE AGENDA ITEMS. Action: To receive and file the tentative future agenda items as presented. (Mayor Edgerton absent) (d) RECOMMENDAT ON TO •ECE VE D FI E '_ OV B 997 FINANCIAL REPORTS: (1) Revenue and expenditure report; (2) City Treasurer's report; and, (3) Investment report. (e) Action: To receive and file the November, 1997, Financial Reports as presented. (Mayor Edgerton absent) RECOMMENDATION TO DENY THE FOLLOWING CLAIMS AND REFER THEM TO THE CITY'S LIABILITY CLAIMS ADMINISTRATOR. Memorandum from Personnel Director /Risk Manager Michael Earl dated December 30, 1997. Action: To approve the staff recommendation to deny the following claims and refer to the City's Liability Claims Administrator . 1) Claimant: Date of Loss: Date Filed . Allegation 2) Claimant: Date of Loss: Date Filed : Allegation : (Mayor Edgerton Arlene R. Herrick 10/16/97 11/12/97 Claimant alleges that curb located at Hermosa & Pier Avenues caused her to trip and fall sustaining bruises; Unispec Construction, Inc. 12/03/97 01/05/98 Claimant alleges monetary damages from cancellation of resulting contract with the construction of the lower Proj ect absent) City for Pier Avenue (f) RECOMMENDATION TO RECEIVE AND FILE UPDATE ON CITY RESPONSE TO CABLE RATE INCREASE FROM JULY 1. 1997. Memorandum from Assistant City Manager Mary Rooney. This item was removed from the consent calendar by Councilmember Reviczky for separate discussion later in the meeting. Action: To direct staff to draft a letter to Congress urging the Federal Communication Act of 1992 be amended to allow satellite dish companies to broadcast local television station coverage (channels 2 through 13) in order to provide true competition to cable companies, and to file a protest. City Council Minutes 01-13-98 Page 9604 • Motion Reviczky, second Mayor Edgerton. The motion carried by a unanimous vote. (g) RECOMMENDATION TO ADOPT RESOLUTION APPROVING THE APPLICATION FOR DISCRETIONARY REGIONAL FUNDS FOR THE RECONSTRUCTION OF BIKEWAY AND PEDESTRIAN PATH ON THE STRAND FROM 24th STREET TO THE NORTH CITY LIMIT. Memorandum from Public Works Department dated December 22, 1997. Action: To approve the staff recommendation to adopt Resolution No. 98-5898, entitled, "A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HERMOSA BEACH, CALIFORNIA. APPROVING THE APPLICATION FOR BICYCLE AND/OR PEDESTRIAN FUNDS UNDER SB 821 AND APPROVING THE ADOPTION OF ITS BICYCLE AND/OR PEDESTRIAN PLAN." (Mayor Edgerton absent) (h) RECOMMENDATION TO APPOINT A SUBCOMMITTEE OF COUNCILMEMBERS JOHN BOWLER AND J. R. REVICZKY TO MEET WITH PARKS, RECREATION AND COMMUNITY RESOURCES COMMISSIONER ROBERT ARONOFF AND REPORT BACK TO THE CITY COUNCIL. Memorandum from City Manager Stephen Burrell dated January 6, 1998. Action: To approve the staff recommendation to appoint a subcommittee of Councilmembers John Bowler and J. R. Reviczky to meet with Parks, Recreation and Community Resources Commissioner Robert Aronoff and report back to the City Council. (Mayor Edgerton absent) (i) RECOMMENDATION TO ADOPT RESOLUTION ACKNOWLEDGING THE RECEIPT AND FILING OF AND APPROVING THE ANNUAL STATEMENT OF INVESTMENT POLICY AND DELEGATING INVESTMENT AUTHORITY TO THE CITY TREASURER FOR THE YEAR 1998. Memorandum from City Treasurer John Workman dated December 22, 1997. Action: To approve the staff recommendation to adopt Resolution No. 98-5899, entitled, "A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HERMOSA BEACH, CALIFORNIA, ACKNOWLEDGING THE RECEIPT AND FILING OF AND APPROVING THE ANNUAL STATEMENT OF INVESTMENT POLICY AND DELEGATING INVESTMENT AUTHORITY TO THE CITY TREASURER FOR THE YEAR 1998." (Mayor Edgerton absent) RECOMMENDATION TO APPROVE INCREASE OF FUNDS IN THE AMOUNT OF $831.00 FROM THE SEWER FUND FOR INCREASE IN CONSTRUCTION COST PROVIDED BY W.A. RASIC CONSTRUCTION ON THE SANITARY SEWER REHABILITATION PROJECT. Memorandum from Public Works Department dated December 17, 1997. Action: To approve the staff recommendation to approve an increase of funds in the amount of $831.00 from the Sewer Fund for an increase in construction cost on the Sanitary Sewer Rehabilitation Project provided by W.A. Rasic Construction. (Mayor Edgerton absent) (i) City Council Minutes 01-13-98 Page 9605 1 (k) RECOMMENDATION TO RECEIVE AND FILE ACTION MINUTES FROM THE PARKS, RECREATION AND COMMUNITY RESOURCES ADVISORY COMMISSION MEETING OF NOVEMBER 19, 1997. Action: To approve the staff recommendation to receive and file action minutes from the Parks, Recreation and Community Resources Advisory Commission meeting of November 19, 1997. (Mayor Edgerton absent) (1) RECOMMENDATION TO RECEIVE AND FILE ACTION MINUTES FROM THE PARKS, RECREATION AND COMMUNITY RESOURCES ADVISORY COMMISSION MEETING OF DECEMBER 17, 1997. Action: To approve the staff recommendation to receive and file action minutes from the Parks, Recreation and Community Resources Advisory Commission meeting of December 17, 1997. (Mayor Edgerton absent) (m) RECOMMENDATION TO ADOPT RESOLUTION APPROVING MEMORANDUM OF UNDERSTANDING BETWEEN THE CITY AND THE HERMOSA BEACH MANAGEMENT ASSOCIATION. Memorandum from City Manager Stephen Burrell dated January 8, 1998. Action: To approve the staff recommendation to adopt Resolution No. 98-5900, entitled, "A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HERMOSA BEACH, CALIFORNIA, TO ADOPT A MEMORANDUM OF UNDERSTANDING WITH THE HERMOSA BEACH MANAGEMENT ASSOCIATION.", with the negotiated major changes included of: 1. Term: July 1, 1997 through June 30, 2000 2. Salary: 4% increase retroactive to 7/1/97 4% increase 7/1/98 4% increase 7/1/99 (Mayor Edgerton absent) 2. CONSENT ORDINANCES (a) ORDINANCE NO. 98-1175 - "AN ORDINANCE OF THE CITY OF HERMOSA BEACH. CALIFORNIA, AMENDING CHAPTER 8.40 OF TITLE 8 OF THE HERMOSA BEACH MUNICIPAL CODE, RELATING TO SMOKING IN PUBLIC PLACES." Memorandum from City Clerk Elaine Doerfling dated December 10, 1998. Action: To waive full reading and adopt Ordinance No. 98-1175. Motion Reviczky, second Oakes. AYES: Bowler, Oakes, Reviczky, Mayor Pro Tempore Benz NOES: None ABSENT: Mayor Edgerton (b) ORDINANCE NO. 98-1176 "AN ORDINANCE OF THE CITY OF HERMOSA BEACH. CALIFORNIA. REPEALING IN ITS ENTIRETY City Council Minutes 01-13-98 Page 9606 CHAPTER 2.24 OF TITLE 2 OF THE HERMOSA BEAC$ MUNICIPAL CODE PERTAINING TO THE DOWNTOWN BUSINESS AREA ENHANCEMENT DISTRICT COMMISSION." Memorandum from City Clerk Elaine Doerfling dated December 10, 1998. Action: To waive full reading and adopt Ordinance No. 98-1176. Motion Reviczky, second Bowler. AYES: Bowler, Oakes, Reviczky, Mayor Pro Tempore Benz NOES: None ABSENT: Mayor Edgerton 3. ITEMS REMOVED FROM THE CONSENT CALENDAR FOR SEPARATE DISCUSSION Items 1(b) and (f) were heard at this time but are shown in order for clarity. Public comments on items removed from the consent calendar are shown under the appropriate item. PUBLIC HEARINGS Councilmember Oakes said that her home was located on one of the streets (Ava Avenue) listed in the Ordinance for policy determination in Item 4, and asked the City Attorney for an opinion on her potential conflict of interest. City Attorney Michael Jenkins responded that he had not had time to read the Ordinance and could not comment until he had done so. At the hour of 7:31 P.M. the order of the agenda was moved to item 5. 4. TEXT AMENDMENT TO INCORPORATE POLICY STATEMENTS INTO ZONING ORDINANCE. Memorandum from Community Development Director Sol Blumenfeld dated January 6, 1998, with an Ordinance for introduction and waiver of full reading. Supplemental memorandum from Community Development Director Sol Blumenfeld dated January 12, 1998, with a replacement page 5 for the report (page two of the Ordinance). City Attorney Jenkins said that there was a potential conflict of interest for Councilmember Oakes in Section 4, Number 2, of the Ordinance and that she could not participate or vote on that portion, or on the Ordinance as a whole if that portion were included, however she could participate in other portions of the Ordinance if taken separately. Community Development Director Blumenfeld presented the staff report and responded to Council questions. City Council Minutes 01-13-98 Page 9607 l The public hearing opened at 7:43 P.M. As no one came forward to address the Council on this item, the public hearing closed at 7:43 P.M. Action: To approve Section 4, Numbers 1, 3 and 4 of the Ordinance. Motion Bowler, second Reviczky. AYES: Bowler, Oakes, Reviczky, Mayor Pro Tempore Benz NOES: None ABSENT: Mayor Edgerton Further Action: To approve Section 4, Number 2 of the Ordinance. Motion Reviczky, second Bowler. AYES: Bowler, Reviczky, Mayor Pro Tempore Benz NOES: None ABSENT: Mayor Edgerton ABSTAIN: Oakes Final Action: To approve the staff recommendation to waive full reading and introduce Ordinance No. 98-1179 entitled, "AN ORDINANCE OF THE CITY OF HERMOSA BEACH, CALIFORNIA, AMENDING THE ZONING ORDINANCE TO INCORPORATE CERTAIN POLICIES PREVIOUSLY SET FORTH IN POLICY STATEMENTS." Motion Bowler, second Reviczky. AYES: Bowler, Reviczky, Mayor Pro Tempore Benz NOES: None ABSENT: Mayor Edgerton ABSTAIN: Oakes At the hour of 7:46 P.M., the order of the agenda now went to item 6. 5. TEXT AMENDMENT TO EXTEND THE DURATION FOR DISPLAY OF TEMPORARY SIGNS FROM SIXTY (60) TO NINETY (90) DAYS. Memorandum from Community Development Director Sol Blumenfeld. Community Development Director Blumenfeld presented the staff report and responded to Council questions. The public hearing opened at 7:33 P.M. As no one came forward to address the Council on this item, the public hearing closed at 7:33 P.M. Action: To approve the staff recommendation to waive full reading and introduce Ordinance No. 98-1178 entitled, "AN ORDINANCE OF THE CITY OF HERMOSA BEACH, CALIFORNIA. AMENDING THE MUNICIPAL CODE, TITLE 17, TO City Council Minutes 01-13-98 Page 9608 EXTEND THE ALLOWED DURATION FOR DISPLAY OF TEMPORARY SIGNS FROM 60 TO 90 DAYS." Motion Reviczky, second Oakes. AYES: Bowler, Oakes, Reviczky, Mayor Pro Tempore Benz NOES: None ABSENT: Mayor Edgerton At the hour of 7:35 P.M., the order of the agenda was returned to item 4. 6. LOS ANGELES COUNTY URBAN COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) FUND APPROVAL FOR 1998-99. Memorandum from Community Development Director Sol Blumenfeld dated January 5, 1998. Community Development Director Blumenfeld presented the staff report and responded to Council questions. The public hearing opened at 7:48 P.M. As no one came forward to address the Council on this item the public hearing closed at 7:48 P.M. Action: To approve the staff recommendation to approve by minute order the expenditure of the Fourth Year 1998- 99 Block Grant estimated allocation of $132,969, to be combined with previous allocation funding, for the removal of architectural barriers to the disabled. Motion Bowler, second Reviczky. The motion carried, noting the dissenting vote of Mayor Pro Tempore Benz and the absence of Mayor Edgerton. At the hour of 7:50 P.M. the order of the agenda was returned to item 2. MUNICIPAL MATTERS 7. PROPOSAL FOR TRAFFIC STUDY OF 6th AND 8th STREETS AND ARDMORE AVENUE WEST OF PACIFIC COAST HIGHWAY. Memorandum from Community Development Director Sol Blumenfeld dated January 6, 1998. Councilmember Reviczky declared a potential conflict of interest due to living within the area of discussion and left the dais and the room at the hour of 7:58 P.M. Community Development Director Blumenfeld presented the staff report and responded to Council questions. City Manager Burrell also responded to Council questions. Public participation opened at 8:04 P.M. Coming forward to address the Council on this item were: Scott Alden - 646 Sixth Street, said that Sixth Street eastbound traffic was too heavy, therefore just banning westbound traffic would City Council Minutes 01-13-98 Page 9609 • • not solve the problem; requested that the street be closedto all through traffic; and, Michael Schwartz - 632 Eighth Street, said that closing Sixth Street would divert traffic to neighboring streets; asked that a neighborhood intrusion study be undertaken and that any changes made be for a definite trial time period with a mandatory review at the end of the time. Public participation closed at 8:08 P.M. Action: To postpone a decision until cost estimate for individual smaller include: 1. Full closure of 6th Street west driveway; 2. Limit 6th Street to eastbound one-way traffic flow; and, 3. Closure of 6th Street west of commercial lot depth. Motion Bowler, second Oakes. The motion carried, noting the dissenting vote of Benz and the absence of Reviczky. there is a revised studies that could of Learned Lumber 8. MISCELLANEOUS ITEMS AND REPORTS - CITY MANAGER a. OIL PROJECT - REVIEW OF THE HAZARD ANALYSIS. Memorandum from City Manager Stephen Burrell dated January 8, 1998. Councilmember Benz left the dais and the room at 8:10 P.M. due to living within the project area. Councilmember Reviczky remained out of the room due to living within the project area. City Manager Burrell presented the staff report and responded to Council questions. City Attorney Jenkins also responded to Council questions by saying that if the project was determined not to be safe it would not go forward. Mr. Jenkins also explained that the question of the E.I.R. was not before the Council tonight and suggested that the Council let the project go before the Coastal Commission and deal with the question of a consultant only if the project receives Coastal Commission approval. Public participation opened at 8:15 P.M. Coming forward to address the Council on this item were: Rosamond Foga - 610 Sixth Street, submitted information and read from the letter submitted; said that a new E.I.R. was needed as new information regarding safety concerns have arisen that were not addressed in the previous E.I.R.; City Council Minutes 01-13-98 Page 9610 • 1 Nancy Reviczky - 600 Ardmore Avenue, spoke in opposition to oil drilling and expressed her concerns regarding safety issues; Scott Alden - 646 Sixth Street, said he would not stay in Hermosa Beach if the oil project was approved; Ken Conklin - 501 Fourth Street, expressed his support for a new E.I.R.; George Sacks - 225 Valley Drive, said that the City should not push for the oil project as it was not the will of the people; Charlie Cheatham - 548 Second Street, concerned with safety issues; asked the Council to re -study the project in light of new information; and, Karen White 2540 Ardmore Avenue, said that she would leave the City if the oil project was approved. Public participation closed at 8:35 P.M. Action: To direct staff to move forward with a proposal for a consultant and report back to the Council after a determination is made by the Coastal Commission. Motion Bowser, second Mayor Edgerton. The motion carried, noting the dissenting vote of Oakes and the absence of Benz and Reviczky. 9. MISCELLANEOUS ITEMS AND REPORTS - CITY MANAGER- None 10. MISCELLANEOUS ITEMS AND REPORTS - CITY COUNCIL - None 11. OTHER MATTERS - CITY COUNCIL - None Councilmember Reviczky returned to the dais at 8:48 P.M. CITIZEN COMMENTS Coming forward to address the Council at this time were: Michael Schwartz - 632 Eighth Street, questioned why the Council was discussing the oil project as the vote of the people was to ban oil drilling throughout the City; said he would urge the Council to conduct a subsequent E.I.R. Florence Sacks - 225 Valley Drive, spoke against the oil project. ANNOUNCEMENT IN OPEN SESSION OF ITEMS TO BE DISCUSSED IN CLOSED SESSION AS FOLLOWS: 1. CONFERENCE WITH REAL PROPERTY NEGOTIATOR: Pursuant to Government Code Section 54957.8 a) Property: Negotiating Parties: 545 Cypress Avenue Stephen Burrell Betty Ryan City Council Minutes 01-13-98 Page 9611 • • Under Negotiation: Price b) Property: Negotiating Parties: Under Negotiation: 2. CONFERENCE WITH LEGAL COUNSEL 700 block, Pacific Coast Highway: Mar Vista Motel Property Stephen Burrell Price & Terms of Payment The City Council finds, based on advice from legal counsel, that discussion in open session will prejudice the position of the City in the litigation. a. Existing Litigation: Pursuant to Government Code Section 54956.9(a) Name of Case: Hermosa Beach Walk Street Homeowners, et al. v. City of Hermosa Beach, et al. Case Number: YCO28756 b. Receipt of Claim pursuant to Tort Claims Act or other written communication from Unispec Construction, Inc. threatening litigation (copy available for public inspection in City Clerk's office). Pursuant to Government Code Section 54956.9(C) ADJOURN TO CLOSED SESSION - The Regular Meeting of the City Council of the City of Hermosa Beach adjourned on Tuesday, January 13, 1998, at the hour of 8:50 P.M. to a closed session. RECONVENE TO OPEN SESSION - The Closed Session convened at the hour of 9:00 P.M. At the hour of 9:35 P.M. the Closed Session adjourned to the Adjourned Regular Meeting. ORAL ANNOUNCEMENTS - There were no decisions made requiring a public announcement. ADJOURNMENT - The Regular Meeting of the City Council of the City of Hermosa Beach adjourned on Tuesday, January 13, 1998 at the hour of 9:35 P.M. to the Regular Meeting of Tuesday, January 27, 1998 at the hour of 7:10 P.M. Q1?'Ht.GL Deputy City Clerk City Council Minutes 01-13-98 Page 9612 • VOUCHRE2 CITY OF HERMOSA BEACH 01/06/98 15:15 VOUCHER/CHECK REGISTER FOR ALL PERIODS PAGE 1 VOUCHER/ CHECK CHECK VENDOR VENDOR ITEM ACCOUNT ITEM CHECK NUMBER DATE NUMBER NAME DESCRIPTION NUMBER AMOUNT AMOUNT 12535 01/06/98 008266 FLEMING & ASSOCIATES WORKER'S COMP ACCT DEPOSIT 705-1104 50,000.00 50,000.00 TOTAL CHECKS 50,000.00 1 1ti • • VOUCHRE2 CITY OF HERMOSA BEACH 01/06/98 15:15 VOUCHER/CHECK REGISTER FOR ALL PERIODS FUND TITLE AMOUNT 705 INSURANCE FUND 50,000.00 TOTAL 50,000.00 PAGE 2 • • VOUCHRE2 CITY OF HERMOSA BEACH 01/08/98 15:50 VOUCHER/CHECK REGISTER FOR ALL PERIODS ---> VOID CHECKS CHECK NUMBERS COMMENTS 012631 VOID PAGE 1 VOUCHRE2 01/08/98 15:50 VOUCHER/ CHECK CHECK VENDOR NUMBER DATE NUMBER VENDOR NAME • • 12536 01/08/98 000029 A-1 COAST RENTALS 12537 01/08/98 007017 ACCOUNTEMPS 12538 01/08/98 003388 ACTION BATTERY 12539 01/08/98 000003 ADVANCE ELEVATOR 12540 01/08/98 000935 ADVANCED ELECTRONICS 12541 01/08/98 003209 AIR TOUCH CELLULAR CITY OF HERMOSA BEACH VOUCHER/CHECK REGISTER FOR ALL PERIODS ITEM DESCRIPTION TRENCHER RENTAL TEMP FINANCE CLERK/WE 12/05/97 TEMP FINANCE CLERK/WE 12/05/97 TEMP FINANCE CLERK/WE 12/12/97 TEMP FINANCE CLERK/WE 12/12/97 2 BATTERIES FOR FIRE ENGINE ELEVATOR MAINT/JAN 98 TWO WAY RADIO MAINT/JAN 97 TWO WAY RADIO MAINT/JAN 98 TWO WAY RADIO MAINT/JAN 98 CAMERA & MONITOR/POLICE DEPT CELL PHONE BILLING/DEC 97 CELL PHONE BILLING/DEC 97 CELL PHONE BILLING/DEC 97 CELL PHONE BILLING/DEC 97 CELL PHONE BILLING/DEC 97 CELL PHONE BILLING/NOV 97 CELL PHONE BILLING/NOV 97 CELL PHONE BILLING/NOV 97 ACCOUNT NUMBER 001-4202-4309 001-1202-4201 001-1141-4201 001-1202-4201 001-1141-4201 715-2201-4311 001-4204-4201 110-3302-4201 001-2101-4201 001-2201-4201 001-2101-5402 001-2101-4304 001-2201-4304 001-2101-4304 001-4202-4304 001-2201-4304 001-2101-4304 001-4202-4304 001-2201-4304 12542 01/08/98 006657 ALAMO RENT -A -CAR CITATION REFUND 110-3302 12543 01/08/98 006827 ALL CITY MANAGEMENT SCHOOL CRSSG GD SERV 001-2102-4201 12544 01/08/98 005221 ALL POINTS MAINTENANCE JANITORIAL SERVICES/DEC 97 001-3104-4201 12545 01/08/98 006421 ALL STAR FIRE EQUIPMENT BRACKETS/ENGINE WINDOW REPAIRS 715-2201-5403 12546 01/08/98 005270 ALLTECH ELECTRONICS 12547 01/08/98 003953 APWA 12548 01/08/98 005179 AT&T COMPUTER UPGRADE & CABLE SEMINAR/BEHBOODI LONG DISTANCE CHARGES/NOV 97 12549 01/08/98 008503 ATLAS CESSPOOL SERVICE SLUDGE REMOVAL/35TH & STRAND 12550 01/08/98 000407 AVIATION LOCK & KEY 12551 01/08/98 006329 BERRYMAN & HENIGAR 12552 01/08/98 006409 BLUE DIAMOND MATERIALS 12553 01/08/98 005621 STEPHEN R. BURRELL KEYS MADE/NOV 97 KEYS MADE/DEC 97 KEY MADE/DEC 97 UNDERGROUND ASSESSMENT/DEC 97 UNDERGROUND ASSESSMENT/DEC 97 ASPHALT PURCHASE/DEC 97 EXPENSE REIMBURSEMENT/DEC 97 001-1206-4305 001-4202-4317 001-4202-4304 160-3102-4201 110-3302-4305 001-2101-4309 001-4601-4305 001-8182-4201 001-8183-4201 001-3104-4309 001-1201-4317 ITEM AMOUNT 202.56 340.00 340.00 340.00 340.00 259.80 100.00 352.50 1,598.40 389.60 1,115.32 190.15 45.47 37.18- 300.00 30.00 471.54 262.94 34.80 10.00 2,979.72 785.00 40.05 94.18 25.00 5.54 150.00 6.50 51.29 2.71 175.00 175.00 31.27 59.98 PAGE 2 CHECK AMOUNT 202.56 1,360.00 259.80 100.00 3,455.82 1,297.72 10.00 2,979.72 785.00 40.05 94.18 25.00 5.54 150.00 60.50 350.00 31.27 59.98 VOUCHRE2 01/08/98 15:50 VOUCHER/ CHECK CHECK NUMBER DATE VENDOR VENDOR NUMBER NAME 12554 01/08/98 008496 KEERA CALAHAN 12555 01/08/98 000262 CALIFORNIA MARKING DEVI 12556 01/08/98 005935 CALIFORNIA STREET MAINT 12557 01/08/98 007589 CENTENO'S NURSERY & LAN 12558 01/08/98 004385 COMPETITION WHEELIFT, I 12559 01/08/98 000041 VIKI COPELAND 12560 01/08/98 007089 JOHN COUGHRAN 12561 01/08/98 007700 CPRS 12562 01/08/98 007217 DATA QUICK 12563 01/08/98 004689 DATA TICKET, INC. CITY OF HERMOSA BEACH VOUCHER/CHECK REGISTER FOR ALL PERIODS ITEM DESCRIPTION CLASS REFUND/FALL/WINTER 97 RUBBER STAMPS/POLICE DEPT STREET SWEEPING/DEC 97 7 TREES FOR NOBLE PARK MINI LIGHT BARS REIMBURSE/LEAGUE OF CA CITIES REIMBURSE/LEAGUE OF CA CITIES 1997 ASSESSMENT REBATE CPRS CONFERENCE/ROONEY ON-LINE REAL ESTATE SERVICE DMV RECORD RETRIEVAL/DEC 97 12564 01/08/98 008453 DAVE'S MOBLE TURNOUT RE TURNOUT REPAIR 12565 01/08/98 000267 DEPARTMENT OF TRANSPORT HWY MAINT/NOV 97 12566 01/08/98 000122 DUNCAN INDUSTRIES 12567 01/08/98 008509 ANTONIO DUPONT 12568 01/08/98 000181 EASY READER 12569 01/08/98 008515 KENNY ELLIS 12570 01/08/98 007853 EMPIRE PIPE CLEANING & 12571 01/08/98 001294 EXECUTIVE -SUITE SERVICE 12572 01/08/98 001962 FEDERAL EXPRESS CORP. 12573 01/08/98 003169 STEVE FILLMAN 12574 01/08/98 008266 FLEMING & ASSOCIATES 12575 01/08/98 000638 GUILLERMO GARCIA PARTS FOR PARKING METER REPAIR CITATION REFUND/ADMIN HEARING PUBLIC NOTICES/NOV 97 CITATION REFUND SEWER MAINT CONTRACT PAYMENT JANITORIAL SERVICES/DEC 97 JANITORIAL SERVICES/DEC 97 JANITORIAL SERVICES/DEC 97 JANITORIAL SERVICES/DEC 97 JANITORIAL SERVICES/DEC 97 JANITORIAL SERVICES/DEC 97 JANITORIAL SERVICES/DEC 97 EXPRESS MAIL/DEC 97 VOLLEYBALL COURT MAINTENANCE WORKER'S COMP ADMIN/3RD QTR CITATION REFUND ACCOUNT NUMBER 001-2111 001-2101-4305 001-3104-4201 001-4202-4309 715-2601-4311 001-1202-4317 001-1141-4317 105-3105 001-4601-4317 001-4201-4201 110-1204-4201 001-2201-4309 105-2601-4251 110-3302-4309 110-3302 001-1121-4323 110-3302 160-3102-4201 001-4204-4201 001-4204-4201 001-4204-4201 001-4204-4201 001-4204-4201 001-4204-4201 001-4204-4201 001-4202-4201 001-4202-4309 705-1209-4201 110-3302 PAGE 3 ITEM CHECK AMOUNT AMOUNT 60.00 60.00 41.14 41.14 9,600.00 9,600.00 606.20 606.20 630.02 630.02 301.07 65.68 366.75 24.61 24.61 199.00 199.00 350.00 350.00 73.57 73.57 35.00 35.00 828.32 828.32 260.69 260.69 330.00 330.00 673.17 673.17 414.00 414.00 4,816.76 4,816.76 1,200.00 625.00 950.00 290.00 290.00 1,700.00 325.00 5,380.00 6.25 6.25 665.30 665.30 2,437.50 2,437.50 82.00 82.00 VOUCHRE2 01/08/98 15:50 VOUCHER/ CHECK CHECK NUMBER DATE VENDOR VENDOR NUMBER NAME • • 12576 01/08/98 008507 GRANNY TAKES A TRIP 12577 01/08/98 006976 GRAPHIC ART PRODUCTION CITY OF HERMOSA BEACH VOUCHER/CHECK REGISTER FOR ALL PERIODS ITEM DESCRIPTION REFUND/BUS.LIC. OVERPAYMENT THERMAL CITATIONS & ENVELOPES 12578 01/08/98 000451 HERMOSA BCH FIREFIGHTER CPR CLASS 12579 01/08/98 003432 HOME DEPOT BUILDING SUPPLIES/NOV 97 TURBINE/CLARK SHED BUILDING SUPPLIES/NOV 97 12580 01/08/98 005254 INFINITE COMPUTER GROUP COMPUTER EQUIP MAINT/DEC 97 COMPUTER EQUIP MAINT/DEC 97 12581 01/08/98 002458 INGLEWOOD WHOLESALE ELE ELECTRICAL SUPPLIES/DEC 97 DISCOUNT OFFERED DISCOUNT TAKEN ELECTRICAL SUPPLIES/DEC 97 DISCOUNT OFFERED DISCOUNT TAKEN 12582 01/08/98 006140 INSTASHRED SECURITY SER 12583 01/08/98 008511 ISLAND PACIFIC RACING 12584 01/08/98 008495 JEANNE JACKSON 12585 01/08/98 008514 MARGARET KOENIG 12586 01/08/98 004303 LANDSCAPE WEST, INC. 12587 01/08/98 007793 LAWSON PRODUCTS 12588 01/08/98 000167 LEARNED LUMBER 12589 01/08/98 007114 LEASE GROUP RESOURCES 12590 01/08/98 002175 LIEBERT, CASSIDY & FRIE 12591 01/08/98 001006 JAMES H. LISSNER SHREDDING SERVICE/DEC 97 REFUND CONDITIONAL USE PERMIT REFUND 300' NOTICING CLASS REFUND/FALL/WINTER 97 1997 ASSESSMENT REBATE TREE REMOVAL/NOBLE PARK FICUS PLANTING/NOBLE PARK AUTO MAINT SUPPLIES/DEC 97 LUMBER PURCHASE/DEC 97 SHELVING FOR FIRE TRUCK MORTAR MIX/PUBLIC WORKS COPIER LEASE/JAN 98 LEGAL FEES/NOV 97 FAIR LABOR STANDARD ACT GUIDE CITATION REFUND/ADMIN HEARING 12592 01/08/98 008505 M & M BUSINESS SOLUTION IRRIGATION ENCLOSURES 12593 01/08/98 001911 MEDICAL INSTITUTE MEDICAL BILLINGS/SEPT 97 12594 01/08/98 004138 KENNETH A. MEERSAND LEGAL SERVICE/NOV 97 LEGAL SERVICES/DEC 97 ID ACCOUNT NUMBER 001-3115 110-3302-4305 001-4601-4221 160-3102-4309 001-4204-4309 715-2201-4311 001-2101-4201 001-2201-4201 105-2601-4309 001-2021 001-2022 001-4204-4309 001-2021 001-2022 001-2101-4201 001-3812 001-3868 001-2111 105-3105 001-4202-4201 001-4202-4201 715-4206-4311 001-3104-4309 715-2201-4311 001-3104-4309 001-1208-6900 001-1203-4201 001-1203-4305 110-3302 001-4202-4309 001-1203-4320 001-1132-4201 001-1132-4201 ITEM AMOUNT 40.00 3,810.88 20.00 63.74 20.50 92.21 457.80 305.20 189.90 3.87 3.87- 267.34 5.45 5.45- 56.00 660.50 376.50 60.00 24.61 525.00 525.00 201.14 30.34 15.85 16.32 842.90 2,530.50 70.00 20.00 1,093.65 3,081.00 PAGE 4 CHECK AMOUNT 40.00 3,810.88 20.00 176.45 763.00 457.24 56.00 1,037.00 60.00 24.61 1,050.00 201.14 62.51 842.90 2,600.50 20.00 1,093.65 3,081.00 7,075.00 6,400.00 13,475.00 VOUCHRE2 01/08/98 15:50 VOUCHER/ CHECK CHECK NUMBER DATE VENDOR VENDOR NUMBER NAME 12595 01/08/98 003080 MERRIMAC ENERGY GROUP 12596 01/08/98 007827 MUTUAL PROPANE 12597 01/08/98 000220 NJP SPORTS, INC. 12598 01/08/98 008513 SCOTT ODGERS 12599 01/08/98 008504 RICHARD ORFORD 12600 01/08/98 000321 PACIFIC BELL 12601 01/08/98 000491 PACIFIC SCREEN PRINT 12602 01/08/98 002487 PAGING NETWORK OF ORANG 12603 01/08/98 007158 PEEK TRAFFIC SIGNAL 12604 01/08/98 008202 DARRYL POWERS 12605 01/08/98 008482 PRO MEDIX 12606 01/08/98 003991 BARRY REED 12607 01/08/98 005551 J.R. REVICZKY 12608 01/08/98 008512 JEFF ROBERTSON 12609 01/08/98 008508 DONALD SAGOLLA CITY OF HERMOSA BEACH VOUCHER/CHECK REGISTER FOR ALL PERIODS ITEM DESCRIPTION UNLEADED/DEC 97 DIESEL/DEC 97 PROPANE/DEC 97 VOLLEY & TENNIS COURT NETS CITATION REFUND/ADMIN HEARING 1997 ASSESSMENT REBATE COMPUTER HOOK-UPS/DEC 97 COMPUTER HOOK-UPS/DEC 97 COMPUTER HOOK-UPS/DEC 97 COMPUTER HOOK-UPS/DEC 97 HATS & VESTS/DISASTER WORKERS SCREEN PRINTING/UNIFORMS PAGER SERVICES/DEC 97 PAGER SERVICES/DEC 97 PAGER SERVICES/DEC 97 PAGER SERVICES/DEC 97 PAGER SERVICES/DEC 97 PAGER SERVICES/DEC 97 PAGER SERVICES/DEC 97 SIGNAL MAINT/DEC 97 TUITION REIMBURSEMENT MEDICAL SUPPLIES/FIRE DEPT MEDICAL SUPPLIES/FIRE DEPT MEDICAL SUPPLIES/FIRE DEPT INSTRUCTOR PMT/FALL/WINTER/97 MONTHLY EXPENSES/DEC 97 CITATION REFUND CITATION REFUND/ADMIN HEARING 12610 01/08/98 000839 SUSAN SAXE-CLIFFORD PH EMPLOYEE EVALUATION 12611 01/08/98 008506 CINDY SHAW 12612 01/08/98 003505 SHORELINE PRINTING CITATION REFUND BUSINESS CARDS/SWARTZ BUSINESS CARDS/YATES INSPECTION NOTICES PRINTING ACCOUNT NUMBER 001-1401 001-1401 715-3302-4310 001-4202-4309 110-3302 105-3105 001-2101-4304 001-2101-4304 001-2101-4304 001-2101-4304 001-2201-4187 001-2201-4187 001-2101-4201 001-2201-4201 001-1201-4201 110-3302-4201 001-4601-4201 001-4202-4201 001-1206-4201 105-2601-4309 001-2201-4317 001-2201-4309 001-2201-4309 001-2201-4309 001-4601-4221 001-1101-4317 110-3302 110-3302 001-1203-4320 110-3302 001-4201-4305 001-4601-4305 001-4201-4305 ITEM AMOUNT 4,522.19 1,098.02 102.84 961.37 330.00 24.61 62.46 3.76 3.62 128.80 808.36 83.93 41.25 2.25 2.25 2.25 9.00 42.75 2.25 39.50 100.00 437.77 537.82 425.45 2,016.00 27.95 50.00 20.00 1,387.50 60.00 43.30 43.30 227.33 PAGE 5 CHECK AMOUNT 5,620.21 102.84 961.37 330.00 24.61 198.64 892.29 102.00 39.50 100.00 1,401.04 2,016.00 27.95 50.00 20.00 1,387.50 60.00 313.93 VOUCHRE2 01/08/98 15:50 VOUCHER/ CHECK CHECK NUMBER DATE VENDOR VENDOR NUMBER NAME • • 12613 01/08/98 001399 SINCLAIR-AMERITONE PAIN 12614 01/08/98 007689 SO BAY CITIES COUNCIL 0 12615 01/08/98 008510 SOUTH COAST FIRE EQUIPM 12616 01/08/98 005136 SOUTHERN CAL SHARPSHOOT 12617 01/08/98 000159 SOUTHERN CALIFORNIA EDI CITY OF HERMOSA BEACH VOUCHER/CHECK REGISTER FOR ALL PERIODS ITEM DESCRIPTION PAINT FOR METER POLES MEMBERSHIP DUES FY 1997-98 DOOR WINDOW CHANNEL/FIRE TRUCK COLT MAGAZINES/POLICE DEPT QUARTERLY QUAL./JULY-OCT 97 EQUIP/NEW RECRUIT GUN REPAIR/AUG 97 QUARTERLY QUAL/NOV 97 QUARTERLY QUAL/JULY 97 QUALIFICATIONS MAKE-UP SHOOT RELOADS/TARGETS/QUALIFICATIONS QUARTERLY QUAL./JULY 97 RANGE RENTAL/MP-5 CLASS STREET LIGHTING/DEC 97 ELECTRIC BILLING/DEC 97 ELECTRIC BILLING/DEC 97 ELECTRIC BILLING/DEC 97 STREET LIGHTING/NOV 97 ELECTRIC BILLING/DEC 97 ELECTRIC BILLING/DEC 97 ELECTRIC BILLING/DEC 97 ELECTRIC BILLING/DEC 97 ELECTRIC BILLING/DEC 97 ELECTRIC BILLING/DEC 97 ELECTRIC BILLING/NOV 97 ELECTRIC BILLING/NOV 97 ELECTRIC BILLING/NOV 97 12618 01/08/98 000115 SPECIALTY MAINTENANCE C DOWNTOWN AREA MAINT/DEC 97 12619 01/08/98 005195 STANDARD CONCRETE PRODU 12620 01/08/98 000707 STATE BOARD OF EQUALIZA 12621 01/08/98 001091 STEWART JACKSON SPRINKL 12622 01/08/98 004632 SUNSET RANCH HOLLYWOOD 12623 01/08/98 000124 TODD PIPE & SUPPLY CONCRETE PURCHASE/DEC 97 DISCOUNT OFFERED DISCOUNT TAKEN CONCRETE PURCHASE/DEC 97 DISCOUNT OFFERED DISCOUNT TAKEN CONCRETE PURCHASE/DEC 97 UNDERGROUND TANK FEE OCT-DEC97 REQUIRED BACK FLOW TESTING REQUIRED BACK FLOW TESTING EXCURSION DEPOSIT PLUMBING SUPPLIES/DEC 97 DISCOUNT OFFERED ACCOUNT NUMBER 110-3302-4309 001-1101-4315 715-2201-4311 001-2101-4201 001-2101-4201 001-2101-4187 001-2101-4201 001-2101-4201 001-2101-4201 001-2101-4201 001-2101-4201 001-2101-4201 001-2101-4201 105-2601-4303 105-2601-4303 001-4202-4303 001-3104-4303 105-2601-4303 001-4204-4303 105-2601-4303 160-3102-4303 105-2601-4303 001-3104-4303 001-4202-4303 105-2601-4303 001-4202-4303 001-4204-4303 109-3301-4201 001-3104-4309 001-2021 001-2022 001-3104-4309 001-2021 001-2022 001-3104-4309 715-4206-4251 001-4202-4201 105-2601-4201 001-4601-4201 001-4202-4309 001-2021 ITEM AMOUNT 141.59 600.00 143.48 104.15 439.59 233.66 47.37 400.53 477.38 471.43 403.23 223.27 300.00 9,333.79 22.40 15.49 196.44 9,129.92 6,959.88 40.05 94.45 190.26 759.39 2,008.67 19.66 14.54 166.24 4,190.00 197.31 1.00 1.00- 223.56 1.00 1.00- 198.31 162.40 340.00 340.00 300.00 110.20 2.25 PAGE 6 CHECK AMOUNT 141.59 600.00 143.48 3,100.61 28,951.18 4,190.00 619.18 162.40 680.00 300.00 VOUCHRE2 01/08/98 15:50 VOUCHER/ CHECK CHECK NUMBER DATE VENDOR VENDOR NUMBER NAME • • CITY OF HERMOSA BEACH VOUCHER/CHECK REGISTER FOR ALL PERIODS ITEM DESCRIPTION DISCOUNT TAKEN 12624 01/08/98 006993 TORRANCE MEMORIAL MEDIC REFUND DUPLICATE PAYMENT 12625 01/08/98 000123 TRIANGLE HARDWARE 8' STEEL WALL MOUNT LADDER 12626 01/08/98 008097 UNION BANK OF CALIFORNI SAFEKEEPING FEES/NOV 97 12627 01/08/98 003353 VISA ORAL BOARD LUNCH/DEC 96 12628 01/08/98 000313 WESTERN ALLIANCE OF ART 1998 MEMBERSHIP DUES/ROONEY 12629 01/08/98 007341 JOHN WORKMAN 12630 01/08/98 005125 JOHN WORKMAN, PETTY CAS 12632 01/08/98 000135 XEROX CORPORATION ACCOUNT NUMBER 001-2022 001-3840 160-3102-4309 001-1141-4201 001-1203-4201 001-4601-4315 EXPENSE REIMBURS/CALIF CITIES 001-1202-4317 PETTY CASH PETTY CASH PETTY CASH PETTY CASH PETTY CASH PETTY CASH PETTY CASH PETTY CASH PETTY CASH PETTY CASH PETTY CASH PETTY CASH PETTY CASH PETTY CASH PETTY CASH PETTY CASH PETTY CASH PETTY CASH REIMBURS/12/3-1/5 REIMBURS/12/3-1/5 REIMBURS/12/3-1/5 REIMBURS/12/3-1/5 REIMBURS/12/3-1/5 REIMBURS/12/3-1/5 REIMBURS/12/3-1/5 REIMBURS/12/3-1/5 REIMBURS/12/3-1/5 REIMBURS/12/3-1/5 REIMBURS/12/3-1/5 REIMBURS/12/3-1/5 REIMBURS/12/3-1/5 REIMBURS/12/3-1/5 REIMBURS/12/3-1/5 REIMBURS/12/3-1/5 REIMBURS/12/3-1/5 REIMBURS/12/3-1/5 COPIER MAINT/FINAL. BILLING COPIER MAINT/FINAL BILLING ADJUSTMENT CREDIT TOTAL CHECKS 001-2101-4305 001-2201-4305 001-2101-4317 001-4601-4308 001-4202-4305 001-1203-4201 001-4101-4317 001-4202-4317 153-2106-4305 001-2101-4306 001-1206-4309 160-3102-4201 001-4202-4309 715-2201-4311 001-8608-4201 160-8160-4305 001-2201-4309 001-4101-4305 001-1208-4201 110-3302-4201 001-2201-4201 ITEM AMOUNT 2.25- 237.00 378.88 208.33 50.93 155.00 555.25 61.27 3.91 75.00 91.63 20.76 5.48 53.50 5.70 35.00 14.70 86.58 29.87 20.00 129.25 49.69 14.59 21.10 8.21 400.27 326.31 6.66 - PAGE 7 CHECK AMOUNT 110.20 237.00 378.88 208.33 50.93 155.00 555.25 726.24 719.92 123,697.37 • • VOUCHRE2 CITY OF HERMOSA BEACH 01/08/98 15:50 VOUCHER/CHECK REGISTER FOR ALL PERIODS FUND TITLE AMOUNT 001 GENERAL FUND 83,211.62 105 LIGHTG/LANDSCAPG DIST FUND 20,207.63 109 DOWNTOWN ENHANCEMENT FUND 4,190.00 110 PARKING FUND 6,290.29 153 SUPP LAW ENF SERV (SLESF) 35.00 160 SEWER FUND 5,548.29 705 INSURANCE FUND 2,437.50 715 EQUIPMENT REPLACEMENT FUND 1,777.04 TOTAL 123,697.37 PAGE 8 • • VOUCHRE2 CITY OF HERMOSA BEACH 01/15/98 16:45 VOUCHER/CHECK REGISTER FOR ALL PERIODS ---> VOID CHECKS CHECK NUMBERS COMMENTS 012666 VOID PAGE 1 VOUCHRE2 01/15/98 16:45 VOUCHER/ CHECK CHECK NUMBER DATE VENDOR VENDOR NUMBER NAME 12633 01/15/98 007017 ACCOUNTEMPS 12634 01/15/98 000935 ADVANCED ELECTRONICS CITY OF HERMOSA BEACH VOUCHER/CHECK REGISTER FOR ALL PERIODS ITEM DESCRIPTION TEMP FINANCE CLERK/WE 12/19/97 TEMP FINANCE CLERK/WE 12/19/97 REPLACE DISPATCH MICROPHONE 12635 01/15/98 006421 ALL STAR FIRE EQUIPMENT UNIFORM SUSPENDERS 12636 01/15/98 008521 APEX MOBILE LEGAL COPY PHOTOCOPYING/STOP OIL 12637 01/15/98 000152 ARAMARK UNIFORM SERVICE 12638 01/15/98 000252 BEACH TRAVEL 12639 01/15/98 004540 BFI MEDICAL WASTE SYSTE 12640 01/15/98 005464 BILL'S SOUND SYSTEM 12641 01/15/98 008522 BLUE RIDGE MEDICAL INC. 12642 01/15/98 003676 JEAN BRIAN 12643 01/15/98 000016 CALIFORNIA WATER SERVIC 12644 01/15/98 000014 CHAMPION CHEVROLET 12645 01/15/98 007809 CORPORATE EXPRESS SHOP TOWELS/NOV 97 COTTON TOWELS/NOV 97 MATS CLEANED/NOV 97 MATS CLEANED/NOV 97 MATS CLEANED/NOV 97 SHOP TOWELS/NOV. 97 COTTON TOWELS/NOV 97 MATS CLEANED/NOV 97 SHOP TOWELS/DEC 97 SHOP TOWELS/DEC 97 MATS CLEANED/DEC 97 SHOP TOWELS/DEC 97 SHOP TOWELS/DEC 97 SHOP TOWELS/FIRE DEPT./DEC 97 MATS CLEANED/DEC 97 AIRFARE/ABC HEARING/BURRELL MEDICAL WASTE PICK-UP/DEC 97 SOUND SYSTEM MAINT/DEC 97 MEDICAL SUPPLIES/START UP KIT 1997 ASSESSMENT REBATE WATER BILLING/DEC 97 WATER BILLING/DEC 97 WATER BILLING/DEC 97 AUTO REPAIRS/DEC 97 AUTO RADIATOR CHECKED/DEC 97 AUTO REPAIRS/DEC 97 AUTO PART PURCHASE/DEC 97 AUTO PARTS PURCHASE/DEC 97 AUTO PARTS PURCHASE/DEC 97 AUTO PART PURCHASE/DEC 97 AUTO PARTS PURCHASE/DEC 97 RETURNED MERCHANDISE/DEC 97 RETURNED MERCHANDISE OFFICE SUPPLIES/DEC 97 12. ACCOUNT NUMBER 001-1202-4201 001-1141-4201 001-2101-4307 001-2201-4187 001-3839 715-4206-4309 001-3104-4309 001-2101-4309 001-2101-4309 001-2101-4309 715-4206-4309 001-3104-4309 001-2101-4309 715-4206-4309 001-3104-4309 001-4204-4309 715-4206-4309 001-3104-4309 001-2201-4309 001-4204-4309 001-1201-4317 001-2101-4201 001-4204-4201 001-2201-4305 105-3105 001-4204-4303 001-4204-4303 105-2601-4303 715-2101-4311 715-2101-4311 715-2101-4311 715-2101-4311 715-2101-4311 715-2101-4311 715-2101-4311 715-2101-4311 001-1208-4305 001-1208-4305 001-1208-4305 ITEM AMOUNT 340.00 340.00 442.74 75.63 1,552.14 21.65 8.85 47.51 37.81 37.81 21.65 8.85 47.51 21.65 8.85 37.81 21.65 8.85 10.40 37.81 177.00 34.79 130.00 1,093.50 24.61 760.00 1,768.13 1,007.85 175.10 62.85 31.43 18.58 116.78 162.89 68.91 71.83 8.70- 3.46- 170.35 PAGE 2 CHECK AMOUNT 680.00 442.74 75.63 1,552.14 378.66 177.00 34.79 130.00 1,093.50 24.61 3,535.98 708.37 VOUCHRE2 01/15/98 16:45 VOUCHER/ CHECK CHECK NUMBER DATE VENDOR VENDOR NUMBER NAME CITY OF HERMOSA BEACH VOUCHER/CHECK REGISTER FOR ALL PERIODS ITEM DESCRIPTION OFFICE SUPPLIES/DEC 97 OFFICE SUPPLIES/DEC 97 OFFICE SUPPLIES/DEC 97 OFFICE SUPPLIES/JAN 98 12646 01/15/98 007808 CSMFO 1998 ANNUAL SEMIN REGISTRATION/COPELAND 12647 01/15/98 000850 L. N. CURTIS 12648 01/15/98 005629 D.I.A.I.R. 12649 01/15/98 000642 THE DAILY BREEZE FIRE EQUIPMENT FABRIC FOR TURNOUT REPAIRS TUITION/MCCOLGAN RECRUITMENT ADS/DEC 97 12650 01/15/98 008359 DARE AMERICA MERCHANDIS EDUCATIONAL MATERIALS 12651 01/15/98 008520 ULRICH DE LA CAMP 12652 01/15/98 000303 DEL AMO MOTORS 1997 ASSESSMENT REBATE MOTORCYCLE CLEANING SUPPLIES 12653 01/15/98 000154 DEPARTMENT OF ANIMAL CA SHELTER COST/DEC 97 12654 01/15/98 000147 THE DEVELOPMENT 12655 01/15/98 008516 DOUBLETREE HOTEL 12656 01/15/98 008518 DOUBLETREE HOTEL 12657 01/15/98 006971 THOMAS DUNCLIFFE 12658 01/15/98 000181 EASY READER 12659 01/15/98 006913 MADONNA ENGLISH 12660 01/15/98 008175 FLEMING & ASSOCIATES 12661 01/15/98 008523 LOUISE FLEMING 12662 01/15/98 004885 LORRAINE FLORI FILM DEVELOPMENT/DEC 97 FILM DEVELOPING/DEEC 97 FILM DEVELOPING/DEEC 97 FILM DEVELOPMENT/DEC 97 ACCOMMODATIONS/BURRELL LODGING/RICKEY/POST CLASS 1997 ASSESSMENT REBATE PUBLIC NOTICING/DEC 97 1997 ASSESSMENT REBATE LIABILITY TRUST ACCT/DEC 97 CRAFT FAIR REFUND CLASS REFUND/FALL WINTER 97 12663 01/15/98 003567 DAVID M GRIFFITH & ASSO STATE MANDATED COST/96-97 12664 01/15/98 007094 MARY GRODOWSKI 12665 01/15/98 000015 GTE CALIFORNIA, INCORPO 1997 ASSESSMENT REBATE TELEPHONE B1LLING/OCT 97 TELEPHONE BILLING/OCT 97 TELEPHONE BILLING/OCT 97 TELEPHONE BILLING/OCT 97 ACCOUNT NUMBER 001-1208-4305 001-1208-4305 001-1208-4305 001-1208-4305 001-1202-4317 180-2202-5402 001-2201-4187 001-2101-4312 001-1203-4201 001-2101-4305 105-3105 715-2101-4311 110-3302-4251 001-2101-4306 001-3104-4309 160-3102-4309 001-2101-4306 001-1201-4317 001-2101-4312 105-3105 001-1121-4323 105-3105 705-1209-4324 001-2111 001-2111 001-1202-4201 105-3105 001-1101-4304 001-1121-4304 001-1131-4304 001-1132-4304 ITEM AMOUNT 123.30 2.55 85.73 156.05 180.00 14.89 PAGE 3 CHECK AMOUNT 525.82 180.00 98.09 112.98 60.00 60.00 192.27 192.27 90.92 90.92 24.61 24.61 109.29 109.29 380.57 380.57 42.56 23.51 10.70 47.91 124.68 458.70 458.70 532.40 532.40 24.61 24.61 113.40 113.40 24.61 24.61 7,408.43 7,408.43 169.50 169.50 75.00 75.00 544.00 544.00 24.61 24.61 8.62 18.31 9.69 8.62 VOUCHRE2 01/15/98 16:45 VOUCHER/ CHECK CHECK NUMBER DATE VENDOR VENDOR NUMBER NAME 12667 01/15/98 002677 JOHN HARTING CITY OF HERMOSA BEACH VOUCHER/CHECK REGISTER FOR ALL PERIODS ITEM DESCRIPTION TELEPHONE BILLING/OCT 97 TELEPHONE BILLING/OCT 97 TELEPHONE BILLING/OCT 97 TELEPHONE BILLING/OCT 97 TELEPHONE BILLING/OCT 97 TELEPHONE BILLING/OCT 97 TELEPHONE BILLING/OCT 97 TELEPHONE BILLING/OCT 97 TELEPHONE BILLING/OCT 97 TELEPHONE BILLING/OCT 97 TELEPHONE BILLING/OCT 97 TELEPHONE BILLING/OCT 97 TELEPHONE BILLING/OCT 97 TELEPHONE BILLING/OCT 97 REFUND OF OVERPAYMENT/JAN 98 12668 01/15/98 002458 INGLEWOOD WHOLESALE ELE ELECTRICAL SUPPLIES/DEC 97 12669 01/15/98 006293 KINKO'S INC. 12670 01/15/98 004303 LANDSCAPE WEST, INC. ACCOUNT NUMBER 001-1141-4304 001-1201-4304 001-1202-4304 001-1203-4304 001-1206-4304 001-1208-4304 001-2101-4304 001-2201-4304 110-1204-4304 110-3302-4304 001-4101-4304 001-4201-4304 001-4202-4304 001-4601-4304 001-3904 001-4204-4309 COPIER FOR DARE PROGRAM/11/97 001-2101-4305 LANDSCAPE/MAINT/DEC 97 12671 01/15/98 000317 LEAGUE OF CALIFORNIA CI REGISTRATION/BURRELL 12672 01/15/98 000077 LOMITA BLUEPRINT SERVIC DRAFTING SUPPLIES/JAN 97 12673 01/15/98 000605 MANHATTAN FORD 12674 01/15/98 007816 LANCE MCCOLGAN 12675 01/15/98 001911 MEDICAL INSTITUTE 12676 01/15/98 008090 NIEVES AND ASSOCIATES 12677 01/15/98 008525 SANDRA PAPADIMITRIOU 12678 01/15/98 004462 PARMA 12679 01/15/98 007095 THELMA PAULY 12680 01/15/98 006352 PELICAN PRODUCTS 12681 01/15/98 000608 PEP BOYS AUTO PARTS/OCT 97 RETURNED AUTO PARTS/OCT 97 AUTO PARTS PURCHASE/DEC 97 AUTO REPAIRS/DEC 97 MILEAGE REIMBURSEMENT/POST MEDICAL SERVICES/OCT 97 300'NOTICING/JAN 98 CLASS REFUND/FALL/WINTER 98 REGISTRATION/EARL 1997 ASSESSMENT REBATE PORTABLE TELEVISION CASES AUTO PARTS/DEC 97 AUTO PARTS/DEC 97 12682 01/15/98 008364 PVP COMMUNICATIONS,INC. MOTORCYCLE RADIO REPAIRS 19 001-4202-4201 001-1201-4317 001-4202-4305 715-2101-4311 715-2101-4311 715-2101-4311 715-2601-4311 001-2101-4312 001-1203-4320 001-4101-4201 001-2111 705-1209-4317 105-3105 153-2106-4309 715-2101-4311 715-2101-4311 715-2101-4311 PAGE 4 ITEM CHECK AMOUNT AMOUNT 18.31 18.31 54.94 28.01 28.01 1,226.22 433.00 64.63 64.63 63.55 54.94 54.94 110.95 28.01 2,293.69 495.00 495.00 152.76 152.76 40.32 40.32 8,229.00 8,229.00 480.00 480.00 19.94 19.94 86.19 84.98- 43.32 129.04 173.57 130.00 130.00 90.00 90.00 3,950.75 3,950.75 94.00 94.00 200.00 200.00 24.61 24.61 148.87 148.87 58.71 14.06 72.77 211.09 211.09 VOUCHRE2 01/15/98 16:45 VOUCHER/ CHECK CHECK NUMBER DATE VENDOR VENDOR NUMBER NAME 12683 01/15/98 006912 ANTHONY REDONDO 12684 01/15/98 000949 DAVID RICKEY CITY OF HERMOSA BEACH VOUCHER/CHECK REGISTER FOR ALL PERIODS ITEM DESCRIPTION 1997 ASSESSMENT REBATE MEALS/POST CLASS 12685 01/15/98 004889 SAN JOSE STATE UNIVERSI TUITION/RICKEY 12686 01/15/98 003505 SHORELINE PRINTING EXCEPTION SLIPS PRINTED 12687 01/15/98 007957 SJM COMMUNICATIONS CB RADIO PURCHASE/COMM RESOUR 12688 01/15/98 000114 SMART & FINAL IRIS COMP PROGRAM SUPPLIES/DEC 97 SUPPLIES/ANIMAL CONTROL/DEC 97 SUPPLIES/FIRE DEPT/DEC 97 PRISONER MAINT SUPPLIES/DEC 97 SUPPLIES/COMM RESOURCES/DEC 97 SUPPLIES/FIRE DEPT/DEC 97 SUPPLIES/BIKE RODEO/DEC 97 SUPPLIES/BIKE RODEO 12689 01/15/98 008519 SOUTH BAY BAR ASSOCIATI 1998 ANNUAL DUES/MEERSAND 12690 01/15/98 008358 SUNPRO, INC.,CONF REG. 1998 ANNUAL MAINT/SOFTWARE 12691 01/15/98 003749 TAKATA NURSERY 12692 01/15/98 000124 TODD PIPE & SUPPLY 12693 01/15/98 000123 TRIANGLE HARDWARE LANDSCAPING MATERIALS/DEC 97 POINSETTIA PLANTS/DEC 97 IRRIGATION SUPPLIES/DEC 97 IRRIGATION SUPPLIES/DEC 97 IRRIGATION SUPPLIES/DEC 97 DISCOUNT OFFERED DISCOUNT TAKEN HARDWARE PURCHASE/DEC 97 DISCOUNT OFFERED DISCOUNT TAKEN HARDWARE PURCHASE/DEC 97 DISCOUNT OFFERED DISCOUNT TAKEN HARDWARE PURCHASE/DEC 97 DISCOUNT OFFERED DISCOUNT TAKEN HARDWARE PURCHASE/DEC 97 DISCOUNT OFFERED DISCOUNT TAKEN HARDWARE PURCHASE/DEC 97 DISCOUNT OFFERED DISCOUNT TAKEN HARDWARE PURCHASE/DEC 97 DISCOUNT OFFERED DISCOUNT TAKEN HARDWARE PURCHASE/DEC 97 '5 ACCOUNT NUMBER 105-3105 001-2101-4312 001-2101-4312 001-2201-4305 001-4601-5401 001-4601-4308 110-3302-4305 001-2201-4309 001-2101-4306 001-1101-4305 001-2201-4309 151-2104-4317 151-2104-4317 001-1132-4315 001-1206-4201 105-2601-4309 001-4202-4309 105-2601-4309 001-4202-4309 001-4202-4309 001-2021 001-2022 105-2601-4309 001-2021 001-2022 105-2601-4309 001-2021 001-2022 715-2101-4311 001-2021 001-2022 001-4202-4309 001-2021 001-2022 160-3102-4309 001-2021 001-2022 001-4204-4309 001-2021 001-2022 001-3104-4309 ITEM AMOUNT 24.61 112.00 311.00 162.38 2,674.77 26.07 42.76 133.97 91.57 58.73 165.18 86.72 69.75 50.00 660.00 257.64 198.10 114.90 290.22 292.61 5.98 5.98- 240.16 26.68 26.68- 156.03 17.34 17.34- 31.53 3.50 3.50- 128.53 14.28 14.28- 110.13 12.24 12.24- 200.61 22.29 22.29- 149.12 PAGE 5 CHECK AMOUNT 24.61 112.00 311.00 162.38 2,674.77 674.75 50.00 660.00 455.74 697.73 VOUCHRE2 01/15/98 16:45 VOUCHER/ CHECK CHECK NUMBER DATE VENDOR VENDOR NUMBER NAME • • 12694 01/15/98 008526 V.T. & ASSOCIATES INC. 12695 01/15/98 003598 VICTEL-SOUTH BAY 12696 01/15/98 006274 WEST PUBLISHING COMPANY 12697 01/15/98 000553 OFCR JAMES WHIPKEY 12698 01/15/98 008524 RICK WOOD 12699 01/15/98 000135 XEROX CORPORATION CITY OF HERMOSA BEACH VOUCHER/CHECK REGISTER FOR ALL PERIODS ITEM DESCRIPTION DISCOUNT DISCOUNT HARDWARE DISCOUNT DISCOUNT HARDWARE DISCOUNT DISCOUNT HARDWARE DISCOUNT DISCOUNT HARDWARE DISCOUNT DISCOUNT HARDWARE DISCOUNT DISCOUNT HARDWARE DISCOUNT DISCOUNT HARDWARE DISCOUNT DISCOUNT OFFERED TAKEN PURCHASE/DEC 97 OFFERED TAKEN PURCHASE/DEC 97 OFFERED TAKEN PURCHASE/DEC 97 OFFERED TAKEN PURCHASE/DEC 97 OFFERED TAKEN PURCHASE/DEC 97 OFFERED TAKEN PURCHASE/DEC 97 OFFERED TAKEN PURCHASE/DEC 97 OFFERED TAKEN TUITION/HEARD/POST CLASS FAX MACHINE REPAIRS/POLICE CALIF CODE BOOKS MILEAGE REIMBURSEMENT/POST CLASS REFUND/FALL WINTER 98 FINAL COPIER MAINT INVOICE TOTAL CHECKS c, ACCOUNT NUMBER 001-2021 001-2022 001-4202-4304 001-2021 001-2022 001-4204-4309 001-2021 001-2022 001-3104-4309 001-2021 001-2022 160-3102-4309 001-2021 001-2022 105-2601-4309 001-2021 001-2022 110-3302-4309 001-2021 001-2022 001-4204-4309 001-2021 001-2022 001-2101-4312 001-2101-4309 001-1121-4201 001-2101-4312 001-2111 001-4601-4201 ITEM AMOUNT 16.57 16.57- 92.83 10.32 10.32- 104.31 11.59 11.59- 93.28 10.36 10.36- 147.36 16.37 16.37- 36.94 4.11 4.11- 20.41 2.27 2.27- 21.39 2.38 2.38- 80.00 65.00 629.20 54.60 30.00 326.31 PAGE 6 CHECK AMOUNT 1,532.63 80.00 65.00 629.20 54.60 30.00 326.31 45,356.91 VOUCHRE2 CITY OF HERMOSA BEACH 01/15/98 16:45 VOUCHER/CHECK REGISTER FOR ALL PERIODS FUND TITLE AMOUNT 001 GENERAL FUND 33,209.13 105 LIGHTG/LANDSCAPG DIST FUND 1,985.79 110 PARKING FUND 571.92 151 OFC OF TRAFFIC SFTY GRANT FUND 156.47 153 SUPP LAW ENF SERV (SLESF) 148.87 160 SEWER FUND 268.19 180 FIRE PROTECTION FUND 14.89 705 INSURANCE FUND 7,608.43 715 EQUIPMENT REPLACEMENT FUND 1,393.22 TOTAL 45,356.91 11 • PAGE 7 VOUCHRE2 01/20/98 08:03 • • CITY OF HERMOSA BEACH VOUCHER/CHECK REGISTER FOR ALL PERIODS PAGE 1 VOUCHER/ CHECK CHECK VENDOR VENDOR ITEM ACCOUNT ITEM CHECK NUMBER DATE NUMBER NAME DESCRIPTION NUMBER AMOUNT AMOUNT 12700 01/20/98 000243 HERMOSA BEACH PAYROLL A PAYROLL/1-1 TO 1-15-98 001-1103 309,452.65 PAYROLL/1-1 TO 1-15-98 105-1103 6,434.04 PAYROLL/1-1 TO 1-15-98 109-1103 686.71 PAYROLL/1-1 TO 1-15-98 110-1103 33,964.12 PAYROLL/1-1 TO 1-15-98 117-1103 584.69 PAYROLL/1-1 TO 1-15-98 126-1103 109.54 PAYROLL/1-1 TO 1-15-98 140-1103 127.05 PAYROLL/1-1 TO 1-15-98 145-1103 1,194.19 PAYROLL/1-1 TO 1-15-98 152-1103 41.66 PAYROLL/1-1 TO 1-15-98 160-1103 8,897.66 PAYROLL/1-1 TO 1-15-98 705-1103 2,169.27 PAYROLL/1-1 TO 1-15-98 715-1103 2,553.67 366,215.25 TOTAL CHECKS 366,215.25 • VOUCHRE2 CITY OF HERMOSA BEACH 01/20/98 08:03 VOUCHER/CHECK REGISTER FOR ALL PERIODS FUND TITLE AMOUNT 001 GENERAL FUND 309,452.65 105 LIGHTG/LANDSCAPG DIST FUND 6,434.04 109 DOWNTOWN ENHANCEMENT FUND 686.71 110 PARKING FUND 33,964.12 117 AB939 FUND 584.69 126 4% UTILITY USERS TAX FUND 109.54 140 COMMUNITY DEV BLOCK GRANT 127.05 145 PROPOSITION 'A FUND 1,194.19 152 AIR QUALITY MGMT DIST FUND 41.66 160 SEWER FUND 8,897.66 705 INSURANCE FUND 2,169.27 715 EQUIPMENT REPLACEMENT FUND 2,553.67 TOTAL 366,215.25 PAGE 2 VOUCHRE2 CITY OF HERMOSA BEACH 01/20/98 08:03 VOUCHER/CHECK REGISTER FOR ALL PERIODS CLAIMS VOUCHER APPROVAL I HEREBY CERTIFY TVAT THE DEMANDS OR CLAIMS COVERED BY THE CHECKS LISTED tON/0 P�AtGES / TO �y INCLUSIVE, OF THE VOUCHER REGISTER FOR //!4(9 _" /Ve/9Q ARE ACCURATE, FUNDS ARE AVAILABLE FOR PAYMENT, AND ARE IN CONFORMANCE TO THE BUDGET. BY FINANCE DIRECTOR DATE /.21 /90 PAGE 3 • January 22, 1998 Honorable Mayor and Members of the Hermosa Beach City Council Regular Meeting of January 27, 1998 TENTATIVE FUTURE AGENDA ITEMS Review of proposal for St. Patrick's Day Parade and Festival Community Resources Director Report on Sunset Concert Series Community Resources Director Taxicab Report Police Chief Mid -year Budget Review Finance Director Recommendation to receive and file action minutes from the Parks, Recreation and Community Resources Advisory Commission meeting of January 21, 1998 Community Resources Director Public Hearing on Strand Bench Program City Manager Public Hearing regarding the possible re -opening of Valley Drive to two-way traffic at Herondo City Manager ......................_....... .................._..._.. ...................... ............................. X11 Encroachment standards for Lower Pier Avenue City Manager Recommendation to receive and file action minutes from the Planning Commission meeting of February 17, 1998 Community Development Director Recommendation to receive and file action minutes from the Parks, Recreation and Community Resources Advisory Commission meeting of February 18, 1998 Community Resources Director lc • January 21, 1998 /-ate-9? Honorable Mayor and Members of Regular Meeting of the Hermosa Beach City Council January 27, 1998 REVENUE AND EXPENDITURE REPORTS DECEMBER 1997 Revenue and Expenditure reports for the month of December 1997 will be submitted with the Midyear Budget Review at the February 10, 1998 City Council Meeting. NOTED: Respectfully submitted, Stephen City Manager u rell, Viki Copeland Finance Director 1 d (,) h:\b95\open\revexP.doc • TREASURER'S REPORT - DECEMBER 1997 FUND GENERAL 12/1/97 12/31/97 NUMBER ACCOUNT BALANCE CASH ADJUSTMENT CHECKS ADJUSTMENT BALANCE 001 GENERAL $2,307,081.31 $1,844,423.26 $125,566.16 ($848,281.74) ($254,718.16) $3,174,070.83 105 LIGHTING/LANDSCAPING $499,853.40 $178,555.67 $3,513.58 ($22,298.95) ($7,601.25) $652,022.45 109 DOWNTOWN ENHANCEMENT $236,594.71 $16,472.80 $1,420.26 ($5,202.40) ($546.93) $248,738.44 110 PARKING $77,787.17 $100,450.31 $328.09 ($112,695.14) ($89,017.32) ($23,146.89) 115 STATE GAS TAX $45,308.09 $56,124.13 $344.35 ($28,415.67) $73,360.90 117 AB939 $151,446.18 $624.00 $861.41 ($1,578.06) ($290.19) $151,063.34 119 COMP ABSENCES $573,549.81 $573,549.81 120 COUNTY GAS TAX $76,660.58 $446.72 $77,107.30 121 PROP A OPEN SPACE $378,813.58 ($35,951.53) ($1,430.33) $341,431.72 125 PARK REC FAC TAX $216,129.12 $10,396.00 $1,227.82 $227,752.94 126 RAILROAD RIGHT OF WAY $1,497,610.30 $8,737.42 ($10,251.35) ($46.42) $1,496,049.95 127 BUILDING IMPROVMENT FUND $146,412.41 $858.86 $147,271.27 140 COMM DEVELOP. BLOCK GRANT ($1,113.20) ($173.32) ($21.15) ($1,307.67) 145 PROPOSITION A FUND $131,792.95 $18,075.00 $700.48 ($36,831.92) ($242.34) $113,494.17 146 PROPOSITION C FUND $477,991.53 $15,181.00 $2,774.20 $495,946.73 150 GRANT FUND ($130,327.03) ($130,327.03) 151 TRAFFIC SAFETY GRANT FUND ($878.52) ($1,710.70) ($2,589.22) 152 AIR QUALITY MGMT DISTRICT $10,387.36 $5,171.37 $72.52 ($29.12) ($1,969.02) $13,633.11 153 SUPPLEMENTAL LAW ENFOR SVC $48,875.28 $249.80 ($1,049.50) $48,075.58 155 CROSSING GUARD DISTRICT $4,017.05 $20.40 $4,037.45 160 SEWER MAINTENANCE $1,780,486.94 $16,049.71 $77,128.37 ($89,177.04) ($7,280.26) $1,777,207.72 170 ASSET SEIZURE FUND $157,356.40 $952.87 ($56.25) $158,253.02 180 FIRE PROTECTION FUND $203,377.89 $31,100.50 $1,191.50 ($12,179.15) ($4,040.75) $219,449.99 305 LWR PIER ASSMNT DIST IMPR FUND $400,000.00 $2,016.50 ($6,000.00) $396,016.50 705 INSURANCE FUND $1,435,681.94 $83,924.00 ($78,318.80) ($1,079.00) $1,440,208.14 715 EQUIP.REPLACEMENT FUND $1,063,178.04 $63,849.48 $42,545.67 ($53,710.74) ($6,287.42) $1,109,575.03 900 INVESTMENT FUND $0.00 $60,125.00 ($60,125.00) $0.00 $11,788,073.29 $2,416,598.23 $354,880.98 ($1,315,495.71) ($463,111.21) $12,780,945.58 TRUST BALANCE BALANCE ACCOUNTS 12/1/97 DEPOSITS CHARGES 12/31/97 PAYROLL $3,000.00 $751,116.58 $751,116.58 $3,000.00 BANK BALANCE CABLE TV DEPOSIT $10,000.00 $10,000.00 GENERAL $533,637.91 TRUST ACCTS $19,788.59 $553,426.50 $12,312,850.59 OUTSTANDING CHECKS $72,331.51 INACTIVE DEPOSIT $481,094.99 INACTIVE DEPOSIT $12,312,850.59 $165,872.70 INTEREST RECEIVED TO DATE BALANCE $12,793,945.58 JOM. WORKMAN, CITY TREASURER JANUARY 21,1997 1d(2) JANUARY 21, 1998 Honorable Mayor City Council Meeting and Members of the City Council of JAN 27, 1998 MONTHLY STATUS REPORT OF INACTIVE PUBLIC DEPOSITS FOR HERMOSA BEACH Investments in the report meet the requirements of the City of Hermosa Beach's adopted investment policy. Attached is a report of all inactive Public Deposits for the month of December 1997. This is the most current available investment information. Respectfully submitted, NOTED: Stephen City Man NOTED FOR FISCAL IMPACT: Viki Copeland Finance Director 1d(3) INSTITUTION LAIF BALANCE 12/1/97 INVESTMENT REPORT - DEC '97 DATE OF DATE OF ASKING MARKET TOTAL INVESTMENTS MATURITY PRICE VALUE $5,319,188.47 $1,250,000.00 $250,000.00 INTEREST 5.680% BALANCE 12/31/97 $6,819,188.47 CORPORATE NOTES: U.S.GOVERNMENT BONDS/NOTES: Investment $501,190.00 12/11/97 9/15/00 $500,000.00 $501,190.00 6.250% Investment $1,000,289.34 2/18/93 1/31/98 $1,000,000.00 $999,840.00 5.630% Investment $500,086.92 2/29/96 2/28/98 $500,705.00 $499,375.00 5.130% Investment $499,430.00 5/6/96 8/15/98 $498,164.06 $501,170.00 5.860% Investment $496,487.33 9/12/96 11/15/98 $492,031.25 $499,455.00 5.510% Federal Home Loan Bank $497,236.33 10/17/96 2/22/99 $500,000.00 $498,205.00 5.590% Federal National Mtg ' $500,000.00 6/3/97 6/3/99 $500,000.00 $504,335.00 6.260% Federal National Mtg $499,139.59 8/1/97 7/28/00 $500,000.00 $500,780.00 6.080% SALLIEMAE $500,000.00 12/30/96 12/30/98 $500,000.00 $499,610.00 5.740% Investment $499,802.61 3/19/97 2/12/99 $499,687.50 $502,185.00 6.060% $5,490,587.81 $5,506,145.00 INVESTMENT TOTAL $12,312,850.59 In compliance with the California Code Section 53646, the Treasurer of the City of Hermosa Beach hereby certifies that sufficient investment liquidity and anticipated revenues are available to meet the City's budgeted expenditure requirements for the next six months. Investments in the report meet the requirements of the City of Hermosa Beach's adopted investment policy. RESPECTFULLY SUBMITTED, 04) rn. krIcAir JOHN WORKMAN CITY TREASURER ACTION SHEET AGENDA PLANNING COMMISSION MEETING CITY OF HERMOSA BEACH CITY HALL COUNCIL CHAMBERS January 20, 1998 7:00 P.M. Peter Tucker Chairperson Rod Merl Vice Chairperson Sam Perrotti Ron Pizer Carol Schwartz The Public Comment Is Limited to Three Minutes Per Sneaker 1. Pledge of Allegiance 2. Roll Call ALL PRESENT. Section I Consent Calendar Any Planning Commissioner or public wishing to pull an item from below may request to do so at this time. 3. Approval of December 2„ 1997 minutes ACTION: APPROVED (4-0, COMM. MERL ABSTAINED). 4. Resolution(s) for adoption a) Resolution P.C. 97-66 approving a greater than 50% expansion and remodel to an existing single family dwelling while maintaining nonconforming front and side yard setbacks at 445 31st Street. b) Resolution P.C. 97-70 approving a Conditional Use Permit, Precise Development Plan and Vesting Tentative Parcel Map #24922 for a 2 -unit condominium at 1716 Manhattan Avenue. c) Resolution P.C. 97-71 approving a Conditional Use Permit, Precise Development Plan and Vesting Tentative Parcel Map #24923 for a 2 -unit condominium at 306 Monterey Boulevard. d) Resolution P.C. 97-72 approving a Conditional Use Permit amendments for expansion of an existing restaurant (Hermosa Steak -Out) with on -sale beer and wine, and to add live entertainment and outside seating at 1139-41 Aviation Boulevard; and approving a Parking Plan amendment allowing said expansion and change of use to an existing general retail space in the shopping center at the northeast corner of Prospect Avenue and Aviation Boulevard. to • • e) Resolution P.C. 97-73 approving five Conditional Use Permits, five Precise Development Plans and Vesting Tentative Parcel Maps #24924, 24925, and 24926 for five two -unit condominium projects at 123 through 147 Lyndon Street. f) Resolution P.C. 97-74 approving a 250 square foot expansion and to remove greater than 10% of the existing exterior walls while maintaining a nonconforming duplex use, and nonconforming parking at 1820 and 1824 The Strand. ACTION: APPROVED (4-0, COMM. MERL ABSTAINED). 5. Item(s) for consideration NONE Section II Oral / Written Communications 6. Anyone wishing to address the Commission regarding a matter not related to a public hearing on the agenda may do so at this time. NONE Section III Public Hearing(s) 7. PDP 97-25 -- Precise Development Plan to redesign mobile home park to accommodate larger units at 531 Pier Avenue. Staff Recommended Action: To approve said request. ACTION: CONTINUED TO 2/17/98 MEETING FOR ADDITIONAL STUDY (5-0). 8. CUP 97-11 -- Conditional Use Permit amendment for alteration of an existing restaurant, and to add live entertainment and to extend hours at 49 - 53 Pier Avenue, Fat Face Fenner's Fishack. Staff Recommended Action: To approve said request. ACTION: APPROVED (5-0). 9. CON 97-24/PDP 97-26 -- Conditional Use Permit, Precise Development Plan and Vesting Tentative Parcel Map #24920 for a 2 -unit condominium at 844 - 846 15th Street. Staff Recommended Action: To approve said request. ACTION: APPROVED WITH MODIFICATION TO HAVE MORE ARTICULATION ON WEST ELEVATION, DECORATIVE PAVING, AND MAXIMUM 6' RETAINING WALL (5- 10. PARK 97-7 -- Parking Plan to allow a 900 square foot coffee house in conjunction with a laundromat with less than required parking at 511 Pier Avenue, Espresso Wash. Staff Recommended Action: To approve said request. ACTION: APPROVED WITH MODIFICATION TO ADD REPAIR CRACKS, POTHOLES, AND SLURRY SEAL OF REAR PARKING LOT TO SATISFACTION OF THE COMMUNITY DEVELOPMENT DIRECTOR (5-0). 11. CON 97-25/PDP 97-28 -- Conditional Use Permit, Precise Development Plan and Vesting Tentative Parcel Map #25012 for a three -unit condominium at 611 9th Street. Staff Recommended Action: To approve said request. ACTION: APPROVED WITH MODIFICATION TO ADD MORE DECORATIVE PAVING, AND SUMP PUMP HOLD HARMLESS AGREEMENT (5-0). 2 12. CON 97-26/PDP 97-29 -- Conditional Use Permit, Precise Development Plan and Vesting Tentative Parcel Map #24976 for a four -unit condominium at 653 - 655 9th Street. Staff Recommended Action: To continue to February 17, 1998 meeting for the applicant to submit revised plans. ACTION: CONTINUED TO 2-17-98 MEETING (5-0). 13. CON 97-27/PDP 97-30 -- Conditional Use Permit, Precise Development Plan and Vesting Tentative Parcel Map #24968 for a two -unit condominium at 125 4th Street. Staff Recommended Action: To approve said request. ACTION: APPROVED WITH HOLD HARMLESS SUMP PUMP AGREEMENT (5-0). 14. CON 97-28/PDP 97-31 -- Conditional Use Permit, Precise Development Plan and Vesting Tentative Parcel Map #24978 for a three -unit condominium at 1224 Loma Drive. Staff Recommended Action: To approve said request. ACTION: APPROVED WITH MODIFICATION TO ADD BELLY -BANDS ON NORTH AND SOUTH SIDES, AND SUMP PUMP HOLD HARMLESS AGREEMENT (5-0). Section IV Hearing(s) 15. A-14 -- Appeal of the Community Development Director's decision to use portion of OS -0 zone open space for side yard access at 802 The Strand. Staff Recommended Action: To direct staff as deemed appropriate. ACTION: APPROVED (5-0). Section V 16. Staff Items a. Interpretation of nonconforming remodel provisions - 1028 Loma Drive. ACTION: DENIED (3-2, COMMS. MERL & PERROTTI NO). b. Memorandum regarding election of chairman and vice chairman (continued from November 18 and December 2, 1997 meetings). ACTION: CONTINUED TO 2/17/98 MEETING (5-0). c. Community Development Department Activity Report of November, 1997. d. Tentative future Planning Commission agenda. e. City Council Minutes of November 25, December 9 and 23, 1997. ACTION: RECEIVED AND FILED THE ABOVE (5-0). 17. Commissioner Items STAFF TO STUDY: 1) THE RAISING OF GRADE IN SIDE YARD. 2) THE USE OF TANDEM PARKING. 18. adjournment 3 HONORABLE MAYOR and MEMBERS of the HERMOSA BEACH CITY COUNCIL 62-4-6‘ oP.9� 5yo/ January 20, 1998 Regular Meeting of January 27, 1998 SUBJECT: FINAL MAP #52295 (C.U.P. CON NO. 97-4, PDP NO. 97-3) LOCATION: 1005 - 1019 MONTEREY BOULEVARD APPLICANT(S): MONTEREY VIEW CONDOMINIUM INC. KIM KOMICK, PRESIDENT REQUEST: TO ADOPT A RESOLUTION APPROVING FINAL MAP FOR AN EIGHT (8) -UNIT CONDOMINIUM PROJECT Recommendation Staff recommends approval of a Final Map for Tract #52295 which is consistent with the approved Vesting Tentative Tract Map, and recommends the City Clerk be directed to endorse the certificate for said map. Background The Planning Commission approved a Conditional Use Permit for an eight unit condominium project and Vesting Tentative Tract #52122 at their March 18, 1998 meeting. The project is currently under construction and near completion. Process Once a map has been tentatively approved by the Planning Commission, copies of the tentatively approved map are submitted to the L.A. County Public Works Department, contracted by the City to review and approve the map for its technical correctness (pursuant to Section 66442(a)(4)of the Subdivision Map Act). The map was approved by the County on January 15, 1998. An applicant has two years from the date of tentative map approval to submit for final map approval. Typically applicants do not submit for final map approval until projects are near completion and ready to be sold. Final maps must be submitted to the City Council and must be approved by the City Council, "...if it conforms to all the requirements of [Subdivision Map Act] and any local subdivision ordinance applicable at the time of approval or conditional approval of the tentative map and any rulings made thereunder...." pursuant to Section 66458(a) of the Subdivision Map Act. if Analysis The staff has reviewed the Final Map and found it substantially consistent with the Vesting Tentative Tract Map approved by the Planning Commission and in conformance with the State Subdivision Map Act. CONCUR: Sol Blumenf Id, '!rector Community i evelopment Department Stephen R. Burr City Manager 2 - Respectfully ub itted, Ken Ro•- s Associate Planner f: b95\cd\fm 1005 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 29 9 • RESOLUTION NO. 98- A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HERMOSA BEACH, CALIFORNIA, GRANTING APPROVAL OF FINAL TRACT MAP #52295 FOR AN EIGHT -UNIT CONDOMINIUM PROJECT LOCATED AT 1005 - 1019 MONTEREY BOULEVARD, HERMOSA BEACH, CALIFORNIA. WHEREAS, the City Council held a meeting on January 27, 1998 and made the following Findings: A. This project will not violate any of the provisions of Sections 66427.1, 66474, 66474.1, and 66474.6 of the Subdivision Map Act; B. The proposed subdivision, together with the provisions for its design and improvement, is consistent with the General Plan required by Article 5 (commencing with Section 65300) of Chapter 3 of Division 1 of the Govemment Code, or any specific plan adopted pursuant to Article 8 (commencing with Section 65450) of Chapter 3 of Division 1 of the Govemment Code; C. The development of the property in the manner set forth on the subject division of land will not unreasonably interfere with the free and complete exercise of any public entity and/or public utility rights-of-way and/or easements within the subject division of land; D. The approval of said map is subject to all conditions outlined in Planning Commission Resolutions P.C. No. 97-23 adopted after hearing on March 18, 1997. E. This project is Categorically Exempt pursuant to 15268(b)(3), "Approval of final subdivision maps", of the California Environmental Quality Act: NOW, THEREFORE, the City Council of the City of Hermosa Beach, Califomia, does hereby resolve as follows: 1. Pursuant to the recommendation of the Planning Commission and the recommendation of the County Engineer, the City Council does hereby grant final approval of Tract Map #52295 in the City of Hermosa Beach, State of Califomia, being a Subdivision of Lots 38 and 39, Block 48, First Addition to Hermosa Beach, and Lot 42, Tract 1068; Recorded in Book 1, Pages 59 and 60, and Book 17, Page 133 of Maps, respectfully, in the office of the County Recorder of Said County; for an eight -unit condominium project on land commonly known as 1005 - 1019 Monterey Boulevard, Hermosa Beach, Califomia. PASSED, APPROVED, and ADOPTED this 27th day of January , 1998. PRESIDENT of the City Council and Mayor of the City of Hermosa Beach, Califomia ATTEST: APPROVED AS TO FORM: CITY CLERK CITY ATTORNEY 3 f:fm1005rs HONORABLE MAYOR and MEMBERS of the HERMOSA BEACH CITY COUNCIL January 20, 1998 Regular Meeting of January 27, 1998 SUBJECT: FINAL TRACT MAP #52158 (C.U.P. CON NO. 96-7) LOCATION: 1301 THE STRAND APPLICANT(S):_ SEAVIEW DEVELOPMENT REQUEST: TO ADOPT A RESOLUTION APPROVING THE TRACT MAP FOR COMMERCIAL RESORT CONDOMINIUMS tr- Recommendation Staff recommends approval of a Final Map for; Tract #52158 which is consistent with the approved Vesting Tentative Tract Map, and recommends the City Clerk be directed to endorse the certificate for said map. Background The City Council approved a Conditional Use Permit, and Precise Development Plan for a 96 unit condominium resort hotel and Vesting Tentative Tract #52158 at their December 17, 1996 meeting. Phase I of the project is currently under construction and near completion. Phase II construction will begin when the parking structure on Lot C is completed. Process The, process for commercial condominiums is the same as residential. Once a map has been tentatively approved by the City, copies of the tentatively approved map are submitted to the L.A. County Public Works Department, contracted by the City to review and approve the map for its technical correctness (pursuant to Section 66442(a)(4)of the Subdivision Map Act). The final map for this project has been submitted to the County, and the applicant is expecting approval prior to January 27, a copy of which will be provided to the Council. An applicant has two years from the date of tentative map approval to submit for final map approval. Typically applicants do not submit for final map approval until projects are near completion and ready to be sold. Final maps must be submitted to the City Council and must be approved by the City Council, "...if it conforms to all the requirements of [Subdivision Map Act] and any local subdivision ordinance applicable at the time of approval or conditional approval of the tentative map and any rulings made thereunder...." pursuant to Section 66458(a) of the Subdivision Map Act. lg Analysis The staff has reviewed the Final Map and found it substantially consistent with the Vesting Tentative Tract approved by the City Council and in conformance with the State Subdivision Map Act. The tract is divided into Lot 1 and Lot 2 representing the Phase 1 and Phase 11 portions of the project. CONCUR: ft&0444411 Sol Blumen eld, Director Community Development Department Stephen R. ell City Manage Respectfull b itted, en Ro:'- on Associate Planner Attachment 1. L.A. County Approval Letter (to be provided when available) f: fm 1301 2. 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 29 RESOLUTION NO. 98- A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HERMOSA BEACH, CALIFORNIA, GRANTING APPROVAL OF FINAL TRACT MAP #52158 FOR A COMMERCIAL RESORT CONDOMINIUM PROJECT LOCATED AT 1301 THE STRAND, HERMOSA BEACH, CALIFORNIA. WHEREAS, the City Council held a meeting on January 27, 1998 and made the following Findings: A. This project will not violate any of the provisions of Sections 66427.1, 66474, 66474.1, and 66474.6 of the Subdivision Map Act; B. The proposed subdivision, together with the provisions for its design and improvement, is consistent with the General Plan required by Article 5 (commencing with Section 65300) of Chapter 3 of Division 1 of the Govemment Code, or any specific plan adopted pursuant to Article 8 (commencing with Section 65450) of Chapter 3 of Divtsi6n 1 of the Govemment Code; C. The development of the property in the manner set forth on the subject division of land will not unreasonably interfere with the free and complete exercise of any public entity and/or public utility rights-of-way and/or easements within the subject division of land; D. The approval of said map is subject to all conditions outlined in Resolution No. 96-4851 adopted after hearing on December 17, 1996. E. This project is Categorically Exempt pursuant to 15268(b)(3), Approval of final subdivision maps", of the Califomia Environmental Quality Act.. NOW, THEREFORE, the City Council of the City of Hermosa Beach, California, does hereby resolve as follows: 1. Pursuant to the recommendation of the County Engineer, the City Council does hereby grant final approval of Tract Map #52158 in the City of Hermosa Beach, State of California, being a Subdivision of Lots 1 through 10 and Tots 30 and 31 in Block 14, Hermosa Beach Tract, Recorded in Book 1, Pages 25 and 26 of Maps in the office -of the County Recorder of Said County; for an commercial condominium project on land commonly known as 1301 The Strand, Hermosa Beach, Califomia. PASSED, APPROVED, and ADOPTED this 27th day of January , 1998. PRESIDENT of the City Council and Mayor of the City of Hermosa Beach, Califomia ATTEST: APPROVED AS TO FORM: CITY CLERK CITY ATTORNEY 3 f:fm1301 rs HARRY W. STONE, Director January 21, 1998 • COUNTY OF LOS ANGELES DEPARTMENT OF PUBLIC WORKS 900 SOUTH FREMONT AVENUE ALHAMBRA, CALIFORNIA 91803-1331 Telephone: (626) 458-5100 The City Council City of Hermosa Beach 1315 Valley Drive Hermosa Beach, CA 90254-0299 Dear Council Members: TRACT NO. 52158 ADDRESS ALL CORRESPONDENCE TO: P.O. BOX 1460 ALHAMBRA, CALIFORNIA 91802-1460 IN REPLY PLEASE REFER TO FILE: RECEIVED JAN 2 2 1998 COM. DEV. DEPT. B-10 As the City Engineer, I have reviewed the subject map and determined it is ready for your approval. IT IS RECOMMENDED THAT YOUR COUNCIL: 1. Approve the map. 2. Make findings as follows: a. That this project will not violate any of the provisions of Sections 66427.1, 66474, 66474.1, and 66474.6 of the Subdivision Map Act. b. That the proposed subdivision, together with the provisions for its design and improvement, is consistent with the general plan required by Article 5 (commencing with Section 65300) of Chapter 3 of Division 1 of the Government Code, or any specific plan adopted pursuant to Article 8 (commencing with Section 65450) of Chapter 3 of Division 1 of the Government Code. 3. Instruct the City Clerk to endorse on the face of the map of Tract No. 52158 the certificate which embodies the approval of said map. Please return the signed original tracing to the Subdivision Mapping Section, Building and Safety/Land Development Division, Department of Public Works, for processing and filing with the Registrar/Recorder of the County of Los Angeles. Very truly yours, ,% HARRY W. STONE V City Engineer MGR:ca p:\bspub\general\submapg\52158mrcty Enc. • January 15, 1998 City Council Meeting January 27, 1998 Mayor and Members of the City Council ORDINANCE NO. 98-1178 - "AN ORDINANCE OF THE CITY OF HERMOSA BEACH, CALIFORNIA, AMENDING THE MUNICIPAL CODE, TITLE 17, TO EXTEND THE ALLOWED DURATION FOR DISPLAY OF TEMPORARY SIGNS FROM 60-90 DAYS." Submitted for adoption and waiver of full reading is Ordinance No. 98-1178, relating to the above subject. At the meeting of January 13, 1998, this ordinance was presented to Council for consideration and was introduced by the following vote: AYES: Bowler, Oakes, Reviczky, Mayor Pro Tempore Benz NOES: None ABSENT: Mayor Edgerton ABSTAIN: None Elaine Doerflin , Cit Jerk Noted: Stephen R. B �• �-, 1, City Manager 1 3 4 5 6 7 8 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 ORDINANCE NO. 98-1178 AN ORDINANCE OF THE CITY OF HERMOSA BEACH, CALIFORNIA, AMENDING THE MUNICIPAL CODE, TITLE 17, TO EXTEND THE ALLOWED DURATION FOR DISPLAY OF TEMPORARY SIGNS FROM 60 TO 90 DAYS. The City Council of the City of Hermosa Beach does hereby resolve and order as follows: SECTION 1. The City Council initiated consideration of the proposed changes for duration of temporary signs. SECTION 2. The Planning Commission held a duly noticed public hearing on October 21, 1997, at which the Commission recommended adoption of an ordinance to extend the duration for display of temporary signs. SECTION 3. The City Council conducted a duly noticed public hearing to consider the recommendation of the Planning Commission, at which testimony and evidence, both written and oral, was presented to and considered by the Council. SECTION 4. Based on the evidence considered at the public hearing, the City Council makes the following findings: 1. The current limit of 60 days for displaying temporary signs pursuant to Section 17.50.210 is not adequate for businesses to successfully advertise seasonal sales, special events, and/or grand openings; SECTION 5. Based on the foregoing, the City Council hereby ordains that the Hermosa Beach Municipal Code, Title 17 -Zoning, Section 17.50.210(B) be amended to read as follows: "B. Duration of Display. The total duration of display for all temporary signs for any business shall not exceed sixty -(60) ninety (90) days during any calendar year. SECTION 6. This ordinance shall become effective and be in full force and effect from and after thirty (30) days of its final passage and adoption. -1- • • SECTION 7. Prior to the expiration of fifteen (15) days after the date of its adoption, the City Clerk shall cause this ordinance to be published in the Easy Reader, a weekly newspaper of general circulation published and circulated, in the City of Hermosa Beach in the manner provided by law. SECTION 8. The City Clerk shall certify to the passage and adoption of this ordinance, shall enter the same in the book of original ordinances of said city, and shall make minutes of the passage and adoption thereof in the records of the proceedings of the City Council at which the same is passed and adopted. PASSED, APPROVED and ADOPTED this 27th day of January, 1998, by the following vote: AYES: Benz, Bowler, Oakes, Reviczky, Mayor Edgerton NOES: None AB STAIN: None AB SENT: None PRESIDENT of the City Council and MAYOR of the City of Hermosa Beach, California ATTEST: APPROVED AS TO FORM City Clerk City Attorney • Mayor and Members of the City Council • January 15, 1998 City Council Meeting January 27, 1998 ORDINANCE NO. 98-1179 - "AN ORDINANCE OF THE CITY OF HERMOSA BEACH, CALIFORNIA, AMENDING THE ZONING ORDINANCE TO INCORPORATE CERTAIN POLICIES PREVIOUSLY SET FORTH IN POLICY STATEMENTS." Submitted for adoption and waiver of full reading is Ordinance No. 98-1179, relating to the above subject. At the meeting of January 13, 1998, this ordinance was presented to Council for consideration and was introduced by the following vote: AYES: Bowler, Reviczky, Mayor Pro Tempore Benz NOES: None ABSENT: Mayor Edgerton ABSTAIN: Oakes Noted: Stephen R(.3urrell, City Manager Elaine Doerfling City Clerk 2b 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 ORDINANCE NO. 98-1179 AN ORDINANCE OF THE CITY OF HERMOSA BEACH, CALIFORNIA, AMENDING THE ZONING ORDINANCE TO INCORPORATE CERTAIN POLICIES PREVIOUSLY SET FORTH IN POLICY STATEMENTS. The City Council of the City of Hermosa Beach does hereby resolve and order as follows: SECTION 1. The Planning Commission held a duly noticed public hearing on November 18, 1997, at which the Commission recommended adoption of an ordinance to incorporate previously adopted "policy statements" into the Zoning Ordinance. SECTION 2. The City Council conducted a duly noticed public hearing to consider the recommendation of the Planning Commission, at which testimony and evidence, both written and oral, was presented to and considered by the Council. SECTION 3. Based on the evidence considered at the public hearing, the City Council makes the following finding: 1. Certain established policies of the Planning Commission that were matters of interpretation of certain provisions in the Zoning Ordinance, previously set forth in "policy statements," had questionable legal status, and should be incorporated into the Zoning Ordinance. SECTION 4. Based on the foregoing, the City Council hereby ordains that the Hermosa Beach Municipal Code, Title 17 -Zoning, be amended as follows: 1. Amend Section 17.44.090(C) first paragraph to read as follows: "C. In residential zones, garages or parking stalls fronting on a public street shall be set back a minimum of seventeen (17) feet from the exterior edge of the nearest public improvement (sidewalk or street improvement) if roll -up garage doors are installed, or set back twenty (20) feet if standard garage doors are installed. On streets where public improvements for sidewalks have not been completed the above setback shall be measured from the edge of the required or planned sidewalk. This measurement does not include structural supports or other parts of the structure provided parking dimension and turning radii are not obstructed." -1- 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 2. Add the following new Section to Chapter 17.46, Yard, Height and Area Restrictions: "17.46.152 Front Yard Requirements for Through Lots A. The required front yard on "through lots". as defined herein, shall be provided on the street frontage where the majority of the existing dwelling units on the block are fronting. B. The following list indicates which frontage is designated the front yard for various blocks with through lots: Through Lots Located Between: Front Yard Shall Be Provided On: Ava Avenue and Ardmore Avenue Ava Avenue Ava Avenue and Springfield Street Springfield Avenue Barney Court and Meyer Court Barney Court Bonnie Brae Street and Camvana Street Bonnie Brae Street Monterey Boulevard and Culver Court Monterey Boulevard Monterey Boulevard and Loma Drive Monterey Boulevard Monterey Boulevard and Morningside Dr. Monterey Boulevard 15th Place and 16th St. (E. of Mira Street) 15th Place The Strand and Hermosa Avenue Both The Strand and Hermosa C. Exception for The Strand/Hermosa Avenue Through Lots: New developments shall be required to provide front yards on both The Strand and Hermosa Avenue. For existing developed properties and remodeling and expansion projects thereon The Strand shall be designated the front yard. For the purposes of calculating required open space in the various residential zones. the Strand front yard area may be counted towards the open space requirement." 3. Add the following new Section to Chapter 17.46, Yard, Height and Area Restrictions: "17.46.154 Yard Requirements for "Half -Lots" Fronting on Alleys The side of the lot facing the alley is considered the front yard. but the applicable yard requirement is three (3) feet from the property line on the ground floor and one (1) foot on the second floor and above." -2- 4. Amend Section 17.50.040(C) "Comprehensive Sign Plan" to read as follows:. "C. Comprehensive Sign Plan to be Required on Proposed Commercial Developments. The applicant shall submit a sign plan for the development showing the location, size, color and, if possible, copy for all signs proposed for the site; the sign plan shall include a rendered elevation, showing all signs in relation to the structure. The theme of such signing shall be approved as a part of plans for new multi -tenant commercial or industrial developments, and shall be an integral part of the development." SECTION 5. This ordinance shall become effective and be in full force and effect from and after thirty (30) days of its final passage and adoption. SECTION 6. Prior to the expiration of fifteen (15) days after the date of its adoption, the City Clerk shall cause this ordinance to be published in the Easy Reader, a weekly newspaper of general circulation published and circulated, in the City of Hermosa Beach in the manner provided by law. SECTION 7. The City Clerk shall certify to the passage and adoption of this ordinance, shall enter the same in the book of original ordinances of said city, and shall make minutes of the passage and adoption thereof in the records of the proceedings of the City Council at which the same is passed and adopted. PASSED, APPROVED and ADOPTED this 13th day of January, 1998, by the following vote: AYES: Benz, Bowler, Reviczky, Mayor Edgerton NOES: None ABSTAIN: Oakes ABSENT: None PRESIDENT of the City Council and MAYOR of the City of Hermosa Beach, California ATTEST: APPROVED AS TO FORM: City Clerk City Attorney -3- January 20, 1998 Honorable Mayor and Members of City Council Meeting of the Hermosa Beach City Council January 27, 1998 1996-97 COMPREHENSIVE ANNUAL FINANCIAL REPORT (Including Report from Independent Auditor), 1996-97 Single Audit Report Recommendation: It is recommended that the City Council receive and file the 1996-97 Comprehensive Annual Financial Report (CAFR), which includes the report from Caporicci and Larson, our independent auditors, and the 1996-97 Single Audit Report. Background: Annually the City has a financial audit performed by an independent certified public accounting firm. The auditor's report is found behind the second divider labeled "Financial Section". The City again received an unqualified opinion, which indicates that the auditor believes the financial statements present a fair picture of the financial position of the City, as opposed to a qualified opinion, in which the auditor "qualifies" or limits his opinion for specific reasons, such as lack of fixed asset accounting or significant internal control deficiencies. The report is a comprehensive report (as opposed to just financial statements) prepared in accordance with guidelines provided by the Government Finance Officers Association (GFOA) and all applicable accounting standards. The City has received the Certificate of Achievement for Excellence in Financial Reporting from the GFOA for the last six years and the Certificate of Award for Outstanding Financial Reporting from the California Society of Municipal Finance Officers (CSMFO) for seven years. The award programs require a high level of compliance with governmental standards, inclusion of information well beyond the general purpose financial statements and an unqualified audit opinion. The 1996-97 CAFR has been submitted to both of the associations for consideration in the award programs since the certificates are valid for one year only. A separate audit of federal funds is required if the City receives $300,000 or more. The City received $300,604 in 1996-97. Analysis: The following analysis deals with the General Fund, which is the main operating fund of the City. Additional analysis of all governmental funds is included in the Transmittal Letter which begins on page i at the front of the CAFR. 1 4 General Fund Revenue General Fund revenue increased 7.75% over 1995-96. Adjusting total revenue for non- recurring and one-time revenues results in an overall increase of 7%. REVENUE SOURCE Revenue FY 96-97 Amount Increase (Decrease) over FY 95-96 % Of Inc. Percent (Dec.) of Total Property Taxes Sales Tax Utility User Tax Other Taxes Licenses & Permits Fines & Forfeitures Use of Money and Property Intergovemmental Revenue Charges for Services Miscellaneous Interest Total $ 3,145,507 1.699,718 1,907,319 1,513,615 275,424 129,589 285,408 877,826 658,681 642,000 196,041 $1'1331,128 $ (108,340) 147,794 109,552 (62,089) 91,891 19,579 (30,596) 96,428 122,636 395,005 33,468 (3.33)% ;9.52 6.09 (3.94) 50.07 17.80 (9.68) 12.34 22:88 159.92 20.59 27.76% 14.99 16.84 13.36 2.43 1.14 2.52 7.75 5.81 5.67 1.73 $ 815.328 7.75% 100.00% The three categories of Tax revenue are discussed under a separate heading on the next page. Growth in Licenses and Permits is primarily related to building permit activity. Revenue from building, plumbing and electric permits increased 59%. The number of residential building permits issued grew by 15%. Use of Money and Property shows a decrease of 9.68% due to Toss of revenue during renovation of the Clark Community Building. Also, one of the leased rooms at the Community Center was converted to an emergency operations center. The increase in Charges for Services is primarily attributable to plan check fees, planning fees resulting from increased building activity, and more revenue from ambulance transport fees. Miscellaneous revenue increased due to non-recurring reimbursement received from the Beach Cities Health District and one-time retirement surplus funds. 2 Taxes Revenue from taxes generates 73% of General Fund revenue. The graph below tracks the three largest revenue sources over the past ten years. The slight decline in property tax is due to assessment appeal refunds. With home prices increasing and an improved economy in general, appeals should not be a continuing factor. General Fund - Largest Revenue Sources --�-PROP TAX -i-UUT -a- SALES TAX 86-87 87-88 88-89 89-90 90-91 91-92 92-93 93-94 94-95 95-96 96 97 Sales tax receipts grew by 10% to a total of 1.7 million, which equates to the level of sales tax receipts in 1990-91. The table below displays information for the top ten classes of business (representing 74% of sales. tax) and the changes from the previous year. 1996-97 SALES TAX BY CLASS TOP TEN CATEGORIES Sales Tax RANK/BUSINESS CLASS 1996-97 % Of % Of Rank Inc./(Dec) Change Total . Previous Year Prev. Yr. 1. Eating/Drinking Places 2. Auto Dealers 3. Grocery Stores 4. Building Materials 5. Sporting Goods /Bicycles 6. Specialty Stores 7. Service Stations 8. Auto Repair Shops/Garages 9. Wholesale Textiles/ Furnishings 10. Household/Home Furnishings $381,116 341,958 172,781 80,603 65,120 56,087 54,726 41,826 36,189 .33 555 $48,476 92,117 (13,493) (250) 350 3,258 2,038 6,047 410 10,271 14.57 36.87 7.24 -0.31 0.54 6.17 3.87 16.90 1.15 44.11 29.84 1 22.41 2 16.71 3 7.25 4 5.81 5 4.74 7 4.73 6 3.21 8 3.21 9 2.09 NIA 3 ✓ • General Fund Expenditures General Fund expenditures increased almost 7% from 1995-96, largely due to the implementation of equipment replacement charges to provide planned replacement of assets. Without these charges, expenditures would have grown by only 2%. GENERAL FUND ......................................... Expenditures FY 96-97 Amount Increase % Of (Decrease) Inc. over (Dec.) FY 95-96 Percent of Total Legislative & Legal General Government Public Safety Community Development Culture & Recreation Public Works Debt Service: Principal Interest Capital Outlay $ 572,443 888,347 6,724,578 699,250 497,993 1,253,261 9,722 1,430 3,507 Total $10,650,531 $ 30,888 63,536 439,461 208,577 22,259 (115,132) 5.70% 5.37 7.70 8.34 6.99 63.14 6.57 42.5'1 4.68 (8.41) 9,722 -0- 1,430 -0- ( 3,201) (47.72) $657.540 4.68 1.77 .09 .01 .03 6.58% 100.00% The Legislative/Legal category increase of 5.7% reflects higher legal and insurance costs. General Government includes a one-time payment to the Hermosa Beach School District of $50,000 from cable television franchise funds. Excluding those one-time funds and equipment charges, the increase would be 1%. Public Safety also increased 1% and Culture and Recreation rose 3%, after excluding equipment charges. Community Development expenditures rose 12.4%, excluding equipment charges, as a result of increased building and business activity. Building inspection, plan checking and noticing costs increase as activity increases and are offset by higher revenue. The decrease in the Public Works category reflects reduction of one janitor position, relocation of Equipment Services to the Equipment Replacement Fund and reallocation of insurance charges. General Fund Balance Fund balance as a percent of expenditures is a measure of the City's cushion against economic uncertainties or revenue shortfalls. Bond rating agencies have historically considered at least a 5% reserve "prudent", however, level of reserves should be decided based on individual circumstances and the economic climate. The General Fund contingency balance is 15% of expenditures. 4 • An additional $548,549 is shown as unreserved at year end. Those funds will be used for the continuing City offices remodel, the Downtown project and various reappropriations to the 1997-98 budget. Midyear Budget Review, conducted in February, will provide the next opportunity to review our financial picture. Gary Caporicci, one of the partners in charge of our audit, will be present at the meeting. CONCUR: Step . Burrell, Viki Copeland, City anager Finance Director The reports are available for review in the library and the Finance Department. f: /b95/fi nancel /ccafr. doc 5 City of Hermosa Beach Single Audit Report For the year ended June 30, 1997 • Caporicci & Larson Certified Public Accountants • • City of Hermosa Beach Single Audit Report For the year ended June 30, 1997 TABLE OF CONTENTS Independent Auditors' Report on Compliance and on Internal Control over Financial Reporting Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards Independent Auditors' Report on Compliance with Requirements Applicable to each Major Program and Internal Control over Compliance in Accordance with OMB A-133 Schedule of Expenditures of Federal Awards Notes to the Schedule of Expenditures of Federal Awards Schedule of Findings and Questioned Costs Page 1 2 4 5 6 Caporicci & Larson Certified Public Accountants • • Offices located in: Irvine, California Walnut Creek, California INDEPENDENT AUDITORS' REPORT ON COMPLIANCE AND ON INTERNAL CONTROL OVERFINANCIALREPORTING BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS To the Honorable Mayor and Members of City Council of the City of Hermosa Beach Hermosa Beach, California We have audited the financial statements of the City of Hermosa Beach (the "City") as of and for the year ended June 30, 1997, and have issued our report thereon dated September 20, 1997. We conducted our audit in accordance with generally accepted auditing standards and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Compliance As part of obtaining reasonable assurance about whether the City's financial statements are free of material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts and grants, noncompliance with which could have a direct and material effect on the determination of financial statement amounts. However, providing an opinion on compliance with those provisions was not an objective of our audit and, accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance that are required to be reported under Government Auditing Standards. Internal Control Over Financial Reporting In planning and performing our audit, we considered the City's internal control over financial reporting in order to determine our auditing procedures for the purpose of expressing our opinion on the financial statements and not to provide assurance on the internal control over financial reporting. Our consideration of the internal control over financial reporting would not necessarily disclose all matters in the internal control over financial reporting that might be material weaknesses. A material weakness is a condition in which the design or operation of one or more of the internal control components does not reduce to a relatively low level the risk that misstatements in amounts that would be material in relation to the financial statements being audited may occur and not be detected within a timely period by employees in the normal course of performing their assigned functions. We noted no matters involving the internal control over financial reporting and its operation that we consider to be material weaknesses. This report is intended for the information of the City Council, management and federal awarding agencies and pass-through entities. However, this report is a matter of public record and its distribution is not limited. crial4f ed -e Irvine, California September 20, 1997 17512 Von Karman Avenue, Irvine, California 92614 Tel: (714) 436-0927 Fax: (714) 260-1141 1 CI. • • Caporicci & Larson Certified Public Accountants Offices located in: Irvine, California Walnut Creek, California INDEPENDENT AUDITORS' REPORT ON COMPLIANCE WITH REQUIREMENTS APPLICABLE TO EACH MAJOR PROGRAM AND INTERNAL CONTROL OVER COMPLIANCE IN ACCORDANCE WITH OMB CIRCULAR A-133 To the Honorable Mayor and Members of City Council of the City of Hermosa Beach Hermosa Beach, California Compliance We have audited the compliance of the City of Hermosa Beach (the "City") with the types of compliance requirements described in the U.S. Office of Management and Budget (OMB) Circular A-133 Compliance Supplement that are applicable to each of its major federal programs for the year ended June 30, 1997. The City's major federal programs are identified in the summary of the auditors' results section of the accompanying schedule of findings and questioned costs. Compliance with the requirements of laws, regulations, contracts and grants applicable to each of its major federal programs is the responsibility of the City's management. Our responsibility is to express an opinion on the City's compliance based on our audit. We conducted our audit of compliance in accordance with generally accepted auditing standards; the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States; and OMB Circular A-133, Audit of States, Local Governments, and Non -Profit Organizations. Those standards and OMB Circular A-133 require that we plan and perform the audit to obtain reasonable assurance about whether noncompliance with the types of compliance requirements referred to above that could have a direct and material effect on a major federal program occurred. An audit includes examining, on a test basis, evidence about the City's compliance with those requirements and performing such other procedures as we considered necessary in the circumstances. We believe that our audit provides a reasonable basis for our opinion. Our audit does not provide a legal determination on the City's compliance with those requirements. In our opinion, the City complied, in all material respects, with the requirements referred to above that are applicable to each of its major federal programs for the year ended June 30, 1997. Internal Control Over Compliance The management of the City is responsible for establishing and maintaining effective internal control over compliance with requirements of laws, regulations, contracts and grants applicable to federal programs. In planning and performing our audit, we considered the City's internal control over compliance with requirements that could have a direct and material effect on a major federal program in order to determine our auditing procedures for the purpose of expressing our opinion on compliance and to test and report on internal control over compliance in accordance with OMB Circular A-133. 17512 Von Karman Avenue, Irvine, California 92614 Tel: (714) 436-0927 Fax: (714) 260-1141 2 • • Our consideration of the internal control over compliance would not necessarily disclose all matters in the internal control that might be material weaknesses. A material weakness is a condition in which the design or operation of one or more of the internal control components does not reduce to a relatively low level the risk that noncompliance with applicable requirements of laws, regulations, contracts and grants that would be material in relation to a major federal program being audited may occur and not be detected within a timely period by employees in the normal course of performing their assigned functions. We noted no matters involving the internal control over compliance and its operation that we consider to be material weaknesses. Schedule of Expenditures of Federal Awards We have audited the general purpose financial statements of the City as of and for the year ended June 30, 1997, and have issued our report thereon dated September 20, 1997. Our audit was performed for the purpose of forming an opinion on the general purpose financial statements taken as a whole. The accompanying schedule of expenditures of federal awards is presented for purposes of additional analysis as required by OMB Circular A-133 and is not a required part of the general purpose financial statements. Such information has been subjected to the auditing procedures applied in the audit of the general purpose financial statements and, in our opinion, is fairly stated, in all material respects, in relation to the general purpose financial statements taken as whole. This report is intended for the information of the City Council, management and federal awarding agencies and pass-through entities. However, this report is a matter of public record and its distribution is not limited. c‘fa'4f ee--f Irvine, California September 20, 1997 3 • • City of Hermosa Beach Single Audit Report Schedule of Expenditures of Federal Awards For the year ended June 30,1997 Federal Grantor/Pass-Through Grantor/Program Title U.S. Department of Housing and Urban Development Community Development Block Grant Program U.S. Department of Transportation Street Rehabilitation Total Expenditures of Federal Awards Agency Federal Pass -Through CFDA Grantor's Federal Number Number Expenditures 14.218 $ 13,767 20.205 STPLMA-5155(001) 286,837 $ 300,604 See the accompanying notes to the Schedule of Expenditures of Federal Awards. 4 • • City of Hermosa Beach Single Audit Report Notes to the Schedule of Expenditures of Federal Awards For the year ended June 30, 1997 1. REPORTING ENTITY The financial reporting entity consists of (a) the primary government, City of Hermosa Beach, California (the "City"), (b) organizations for which the primary government is financially accountable, and (c) other organizations for which the primary government is not accountable, but for which the nature and significance of their relationship with the primary government are such that exclusion would cause the reporting entity's financial statements to be misleading or incomplete. 2. SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS The accompanying Schedule of Expenditures of Federal Awards (Schedule) presents the activity of all Federal financial assistance programs of the City. Federal financial assistance received directly from Federal agencies is included in the Schedule. The Schedule was prepared from only the accounts of various grant programs and, therefore, does not present the financial position or results of operations of the City. 3. PROGRAM DESCRIPTIONS Community Development Block Grant The Community Development Block Grant (CDBG) Program was authorized under Title I of the Housing and Community Development Act of 1974. The primary objective of the CDBG Program is the development of viable urban communities, including adequate housing, a suitable living environment and expansion of economic opportunities, principally for persons of low to moderate incomes. Under this program, the Department of Housing and Urban Development (HUD) distributes funds based upon approved applications to eligible local governmental units for the purposes of community improvement and betterment. The City uses CDBG funds to finance the removal of architectural barriers to the disabled at City facilities and to retrofit the Fire and Police facilities. Street Rehabilitation The objective of this program was to provide to the Lower Pier Avenue rehabilitation of streets, buildings, curbs, sidewalks, etc. 5 • i City of Hermosa Beach Single Audit Report Schedule of Findings and Questioned Costs For the year ended June 30, 1997 A. SUMMARY OF AUDIT RESULTS 1. The auditors' report expresses an unqualified opinion on the general purpose financial statements of the City of Hermosa Beach. 2. No reportable conditions relating to the audit of the financial statements are reported in the general purpose financial statements. 3. No instances of noncompliance material to the financial statements of the City of Hermosa Beach were disclosed during the audit. 4. No reportable conditions relating to the audit of the major federal award program is reported in the general purpose financial statements. 5. The auditors' report on compliance for the major federal award program for the City of Hermosa Beach expresses an unqualified opinion. 6. Audit findings relative to the major federal award program for the City of Hermosa Beach are reported in Part C of this Schedule. 7. The programs tested as major programs include: • None. 8. The threshold for distinguishing Types A and B programs was $300,000. 9. The City of Hermosa Beach was not determined to be a low risk auditee. B. FINDINGS - FINANCIAL STATEMENTS AUDIT None C. FINDINGS AND QUESTIONED COSTS - MAJOR FEDERAL AWARD PROGRAM AUDIT None 6 • January 22, 1998 Honorable Mayor and Members of the Hermosa Beach City Council • _.)/e /—a/7 -9,s Regular Meeting of January 27, 1998 VETERAN'S DAY FLAG DISPLAY Recommendation: 1. Direct staff to prepare a proposal for consideration during the budget process to have flags displayed on City owned property including Pacific Coast Highway, Aviation, and Hermosa Avenue light standards. 2. Approve effort by staff to publicize display of flags through newsletters, etc. and to meet with all groups interested in developing the program. Background: The City Council received a request during a recent Council meeting about encouraging the display of the American flag on Veterans' Day. Very often programs like this are sponsored by Veterans' groups, Chambers of Commerce or other business groups and are very well received by the communities in which they are held. The City's effort would be to encourage this activity on Veterans' Day, have appropriate displays on City properties and promote, through the volunteer groups, the private display of the flag. It would also be a good idea to appoint a member of the City Council as a liaison to the Veterans' groups. Starting this effort now will allow enough time to develop a program for 1998. Re ectfully submitted, Stephen R. Burrell City Manager December 31, 1997 Honorable Mayor and Members of the Hermosa Beach City Council Regular Meeting of January 27, 1998 Department of Community Resou rces Activity Report for December 1997 The Department of Community Resources has been involved in the following activities for the month of December. RECREATION PROGRAMMING Senior Excursion. Sunday December 14. The Seniors chose Tibbie's Music Hall in Newport Beach for their annual holiday trip. After a wonderful lunch the waiters jumped on stage and entertained everyone with a holiday revue of song and dance. SPECIAL EVENTS Holiday Tree Lighting Ceremony. Thursday December 11. This year we took advantage of our new Pier Plaza and decorated it with holiday fare for this yearly event. There was entertainment from local youth groups and hot cider and cookies for all. Mayor Sam Edgerton was on hand to count down the tree lighting. Public Works did a tremendous job of installing a tree in the middle of the Pierhead for all to enjoy. Santa arrived with lights flashing and sirens blaring to listen to children's wishes for Christmas. Sand Snowman Contest. Saturday, December 6. We braved the weather this year and had a very enthusiastic crowd of sand sculptors. Family and friends began their designs at 10:00 am and finished up in anticipation of the award ceremony. Entries included the traditional sand snowman and many other festive creations. Awards were given for the Most Californian, Most Traditional, Funniest, Best Dressed and Best Couple. Special thanks goes out to our judges Commissioners Kathy Dunababin, Sam Abrams and Robert Aronoff and Councilman J. R. Reviczky. Upcoming Events: Rose Parade Excursion Superbowl Tennis Tournament Bear Mountain Ski Trip Resident Mail-in/Walk-In Registration Begins 1 January 1 January 24 February 8 February 10 • • 46th Annual Sand & Strand Run Slow Pitch Registration Spring 1998 Recreation Classes Begin Facility February 15 February 18 February 23 12/97 User Hours 12/96 User Hours Field 181 191 Theatre 86 49 Clark 161 189 Gym 150 201 Room 8 71 110 Room 10 70 56 Room 12 79 136 Rink 28 65 DEPARTMENT REVENUE Current This Month FY Last FY Month Last FY To Date To Date $24,406 $15,085 $245,747 $266,263 Revenue Projection: $512,424 Community Resources Department general fund revenue for 50% of the fiscal year is $245,341 or 48% of the projected figure. Community Resources Department general fund expenditure for 50% of the fiscal year is (estimated) $317,506.60 56% of the budget FY 1996-97. Respectfully Submitted, J -an Clark ecreation Specialist 2 Concur: Mary C. R o ey, Director Communit Resources De Stephen ' . Burrell City Manager CITY OF HERMOSA BEACH COMMUNITY DEVELOPMENT/BUILDING & SAFETY DIVISION DECEMBER, 1997 MONTHLY REVENUE REPORT BUILDING 34 PLUMBING/MECHANICAL ELECTRIC 24 27 PLAN CHECK 9 28 15 7 3 333 209 143 127 156 93 136 66 SEWER USE 3 0 14 12 RES. BLDG. REPORTS 24 16 182 141 PARKS & RECREATION 0 0 2 11 IN LIEU PARKING & REC BOARD OF APPEALS SIGN REVIEW 2 0 14 0 0 0 0 0 0 0 11 11 FIRE FLOW FEES 7 2 62 24 LEGAL DETERMINATION ZONING APPEALS 0 0 0 0 0 0 0 0 TEMPORARY SIGN TOTALS 0 0 2 18 130 71 1,055 712 BUILDING $34,887.11 PLUMBING/MECHANICAL ELECTRIC 2,632 PLAN CHECK SEWER USE RES. BLDG. REPORTS 3,074 $5,588.53 1,010.70 838.50 $189,548.69 $68,518.50 15,234.30 7,292.30 18,045.20 8,721.85 7,790.60 15,882.71 PARKS & RECREATION 1,080 385.20 0 118,490.45 28,445.18 705.60 0 0 IN LIEU PARKING & REC. BOARD OF APPEALS SIGN REVIEW FIRE FLOW FEES 10,396 0 0 8,131.50 6,183.90 7,000 38,500 68,648 0 0 0 LEGAL DETERMINATION ZONING APPEALS TEMPORARY SIGN 0 31,100.50 0 0 0 0 596 TOTALS $106,842.92 0 0 0 972.70 87,744.50 0 0 66 0 $9,124.53 $542,326.52 $231,919.26 CITY OF HERMOSA BEACH COMMUNITY DEVELOPMENT / BUILDING & SAFETY DIVISION BUILDING PERMITS ISSUED REPORT MONTH OF DECEMBER, 1997 1 101 NEW SINGLE DWELLINGS 4 DWELLIN .................................. ..................................... ..................................... UNITS>> P.VIDDPD 4 $1,444,947.84 2 102 NEW SINGLE FAMILY ATTACHED 3 103 NEW TWO FAMILY BUILDING 4 104 NEW 3 OR.4 FAMILY BUILDING 5 105 NEW 5 OR MORE FAMILY BUILDING 6 213 NEW HOTEUMOTEL 7 214 NEW OTHER NON HOUSEKEEPING 8 318 NEW AMUSEMENT & RECREATION 9 319 NEW CHURCH/OTHER 10 320 NEW INDUSTRIAL BUILDING 11 321 NEW PARKING GARAGE (PUBLIC) 12 322 NEW SERVICE SFR/REPAIR GARAGE 13 323 NEW HOSPITAVOTHER INSTITUTIONAL 14 324 NEW OFFICE/BANK 1 $2,136,683.64 15 325 NEW PUBLIC WORKS/UTILITY BLDG. 16 326 NEW SCHOOUOTHER EDUCATIONAL 17 327 NEW STORE/OTHER MERCH BLDG. 18 328 NEW OTHER NON RESIDENTIAL BLDG. 19 329 NEW STRUCTURES OTHER THAN BLDG. 2 $7,000 20 434 ADD/ALTER DWELLING/POOL 22 $247,604.68 21 437 ADD/ALTER NON RESIDENTIAL 2 $30,400 22 438 RESIDENTIAL GARAGES/CARPORTS 23 645 DEMOLITION -SFR 1 $500 24 646 DEMO 2 SFR 25 647 DEMO 3-4 SFR 26 648 DEMO 5+ BLDG. 27 649 DEMO ALL OTHER BLDG. spa, demo 1 TOTAL PERMITS: 33 TOTAL VALUATION OF ALL PERMITS: $3,867,436.16 $300 HONORABLE MAYOR and MEMBERS of HERMOSA BEACH CITY COUNCIL January 6, 1998 Regular Meeting of January 27, 1998 ACTIVITY REPORT COMMUNITY DEVELOPMENT DEPARTMENT - PLANNING DIVISION DECEMBER, 1997 STAFF REPORT PREPARED UB ►ECT MONTH TFIISIiV!(Si1VTFT< 1AST<»>r DATE:::>> APPEAL / RECONSIDERATION 0 1 4 2 CONDITIONAL USE PERMIT (CONDO) 3 0 10 3 CONDITIONAL USE PERMIT (COMMERCIAL) 0 1 0 4 CONDITIONAL USE PERMIT AMENDMENT 1 0 3 0 CONDITIONAL USE PERMIT MODIFICATION/REVOCATION 0 0 0 CONDITIONAL USE PERMIT/MAP EXTENSION 0 0 0 0 ENVIRONMENTAL IMPACT REPORT 0 0 0 1 FINAL MAP 4 0 7 5 GENERAL PLAN AMENDMENT 0 0 1 3 HEIGHT LIMIT EXCEPTION 0 0 0 0 LOT LINE ADJUSTMENT 0 0 0 0 NONCONFORMING REMODEL 0 5 2 PRECISE DEVELOPMENT PLAN 0 0 1 1 PARKING PLAN 0 0 2 0 SPECIAL STUDY 0 0 4 SUBDIVISION 0 0 0 TEXT AMENDMENT 1 0 4 3 TRANSIT 0 0 1 0 VARIANCE 0 0 4 2 ZONE CHANGE 0 0 0 1 MISCELLANEOUS 3 2 27 25 TOTAL REPORTS PREPARED 14 4 73 53 NOTE: A staff report may be written for one or more of the items listed above, but it will be listed and counted only once. WAVE DIAL -A -RIDE RIDERSHIP tir .E MoIrH: .'.e... r::>rll:::.::;:::>::+�.rA�lr.::> 810 823 5,390 6,225 REDONDO BEACH 4,267 4,366 34,802 34,106 SATELLITE 459 395 2,878 2,932 • The following Activities were Undertaken for Transit Projects 1. Routine tasks. Upcoming Agenda Items to City Council / Initiated by 1. Text amendment to change zoning violations from misdemeanors to infractions and administrative with few exceptions. / Staff 2. Text amendment to modify M-1 zone permitted use list. / City Council CONCUR: 1I Sol Blumen el , Director Community Development Department NOTED: Stephen R. Burrell City Manager Respectfully submitted, Administrative Aide f:\b95\cd\activity • • Honorable Mayor and Members of the Hermosa Beach City Council FINANCE DEPARTMENT ACTIVITY REPORT, DECEMBER 1997 January 21, 1998 City Council Meeting of January 27, 1998 STATISTICAL SECTION Finance Administration INVOICES/ACCOUNTS RECEIVABLE CASH RECEIPTS 54 1,058 29 939 310 7,508 422 7,550 CHECKS' ISSUED 302 235 1,758 1,888 PURCHASE ORDERS 162 135 851 882 ....... ISCOUNTS TAKEN $167:46 $251'';00 $1,113.05 $9693 6 D LANDSCAPEIST.1 I+GHT 11 4 23 60 REBATES ..::. UUT EXEMPTIONS TO DATE 87 PAYROLL Full Time Employees 132 Part Time Employees 55 1 (13) 11 48 131 42 Finance Cashier CITATION PAYMENTS 2,835 3,092 DMV PAYMENTS DELINQUENT NOTICES SENT: California Out of State DISMISSALS 267 21,706 26,338 512 2,208 3,050. 2,493 2,151 12,224 822 30 3,599 TOTAL: 3,315 2,181 15,823 215 238 1,726 010.0TINaVENVg PARKING PERMITS: Driveway Guest Party Passes Contractor Daily Annual Preferential Transferable Vehicle TOTAL: MTA BUS PASSES ANIMA1LpgNSES BUSINESS uppNsps . Licenses Issued 365 351 Revenue $.5..9,923 02 $0Z750',72 $3,219 $4,390 $10,764 0 2 9 378 350 2,478 7 3 41 0 0 0 21 13 304 72:4 946 7 4 7:7 2 925 621 122 58 65 1,172 $233,478 53 14,735 2,649 17,384 2,713 $10,218 15 2,085 59 24 297 627 924 157 849 1,017 $215 237.70 NOTED: Stephen R. Burrell City Manager Respectfully submitted: Viki Copeland, Finance Director 2 Bb95\open/actvty12doc S HERMOSA BEACH FIRE DEPARTMENT MONTHLY ACTIVITY REPORT FOR CALENDAR YEAR 1997 DECEMBER 1997 } lenwatarmliiit 1 (ov) • HERMOSA BEACH FIRE DEPARTAT MONTHLY ACTIVITY REPORT FOR FISCAL YEAR 1997 DECEMBER 1997 INVOICE BILLINGS FOR AMBULANCE SERVICE THIS MONTH FISCAL YEAR TO DATE AMOUNT BILLED THIS MONTH AMOUNT BILLED F/Y TO DATE INVOICE BILLINGS RESIDENTS 19 127 $4,266.00 $29,722.00 NON-RESIDENTS 14 110 $6,622.00 $51,786.00 TOTAL 33 237 $10,888.00 $81,508.00 jc/revmonthhpt Noted: 2 Respectfully Submitted: C PETE BONANO, FIRE CHIEF • Honorable Mayor and Members of the Hermosa Beach City Council PERSONNEL DEPARTMENT Activity Report - December 1997 eanuary 20, 1997 Regular Meeting of January 27, 1998 STATISTICS CURRENT THIS MONTH FY TO LAST FY MONTH LAST YEAR DATE TO DATE Worker Comp Claims Claims opened *4 4 19 23 Claims closed 13 0 25 12 Total open 76 88 Current Employee 25 32 Active Cases 2 2 * Include. 1 re -open Lost time (hours) Safety Non -Safety 0 44 154 252 1774 80 985 431 Liability Claims Claims opened 1 2 13 12 Claims closed 1 3 8 14 Total open 20 13 Employee -Involved Vehicle Accidents 1 Safety Non -safety 0 0 1 1 0 0 3 1 Employee Turnover Safety Non -safety 0 0 2 1 0 1 3 2 Respectfully submitted, (chael A. Earl, Director Personnel & Risk Management ACT2 Noted: tephen R. Burrell City Manager HERMOSA BEACH POLICE DEPARTMENT Monthy Activity Report for Calendar Year 1997 DECEMBER, 1997 THIS THIS MONTH YEAR LAST YEAR MONTH ONE YEAR AGO TO DATE TO DATE OFFENSES REPORTED MURDER 0 0 0 0 RAPE 1 0 7 2 ROBBERY 1 6 10 26 ASSAULT 9 4 110 88 Burglaries(Vehicle) 7 0 67 57 Burglaries(Residential) 5 6 70 145 Burglaries(Commercial) 1 2 30 37 BURGLARY(Total) 13 8 167 239 LARCENY 30 30 522 461 MOTOR VEHICLE THEFT 4 17 104 134 DUI 37 45 260 228 ALL OTHER OFFENSES 631 229 4,650 2,766 PERSONS ARRESTED ADULTS 80 90 834 733 JUVENILES 1 1 23 39 CRIMINAL CITATIONS 55 60 949 886 BICYCLE/SKATEBOARD CITES 0 0 4 13 TRAFFIC REPORT ACCIDENTS Fatal 0 0 1 2 Injury 6 8 82 99 Property Damage Only 18 18 237 261 CITATIONS Traffic 438 176 3,357 2,780 Parking 0 23 7 55 DISTURBANCE CALLS 644 213 4,898 3,555 1,918 1,810 25,235 22,783 • • PARKING ENFORCEMENT MONTHLY ACTIVITY REPORT FOR THE CALENDAR YEAR 1997 DECEMBER, 1997 THIS MONTH YEAR TO LAST YEAR THIS MONTH ONE YEAR AGO DATE TO DATE PARKING CITATIONS ISSUED 2,600 3,353 53,060 61,483 VEHICLE IMPOUNDS 37 2 420 186 VEHICLE BOOTS 2 8 82 173 NC CITATIONS 12 7 141 146 TOTAL ANIMAL PICK UPS 50 17 406 522 OF THESE #RETURNED TO OWNER 4 2 83 95 #TAKEN TO SHELTER 19 11 159 269 #INJURED, TAKEN TO VET 3 0 12 23 #DECEASED 21 10 230 192 #RETURNED TO WILD 3 3 40 6 PARKING CALLS FOR SERVICE 135 121 1810 1613 i ANIMAL CALLS FOR SERVICE 93 68 869 1032 Noted: Respectful y Submitted, di 11(1112004.2 Val Straser Steve Bu , City Manager Chief of Police • Honorable Mayor and Members of the Hermosa Beach City Council January 15, 1998 Regular Meeting of January 27, 1998 PUBLIC WORKS DEPARTMENT MONTHLY REPORT - DECEMBER 1997 The Public Works Department is divided into three (3) major functions: Administration, Engineering and Maintenance. ADMINISTRATION The administration function coordinates and blends the efforts of all divisions of the Public Works Department in accomplishing the directives of the City Council and City Manager, this includes engineering and management of Capital Improvements Projects. PERMITS ISSUED Type of Permit Current Month 97 - 98 To Date Last FY Month 96 - 97 To Date Sewer Demolition 1 5 0 1 Sewer Lateral 1 11 0 3 Street Excavation 5 33 2 12 Utility Companies Only 28 121 34 ,101 Dumpster/Misc. 2 20 0 11 Banner Permits 0 14 1 14 ENGINEERING The Capital Improvement Projects which are currently in progress are: CIP 93-145 Utility Undergrounding CIP 96-153 & CIP 96-156 Traffic Signal Modifications On Hermosa Avenue At 13th and 14th Streets CIP 94-160 Downtown Improvement Project CIP 93-302 NPDES Storm Water Management 1 CIP 96-508 Greenbelt Improvements CIP 97-526 Skateboard Track At Community Center CIP 95-620 Hermosa Beach Pier Renovation CIP 95-622 City Hall ADA Requirements CIP 96-624 Parking Structure (Lot C) MAINTENANCE The maintenance function of the Public Works Department is divided into the following sections: • Parks/Medians • Street Maintenance/Building Maintenance • Sewers/Storm Drains • Street Lighting • Traffic Safety • Equipment Service Parks/Medians Division: Install Holiday decorations City-wide. Assist with filling and delivering sandbags. Install new irrigation at Schaffer Park (Ingleside). Replant median areas. Install new safety net at South park roller rink. Remove and replace trees at Noble and South Parks. Storm cleanup City-wide. Street Maintenance/Building Maintenance Division: Repair sandgates and make repairs on the Strand at 26th and 27th Streets. Repair sidewalks at 18th/Valley. Install handicap ramp at 14th/Ocean. Repair roof at Clark Building and remove fence at Clark Field. Repair pot holes City-wide. Update marquee at Community Center. Remove backboard from Kelly Courts. Sewers/Storm Drain Division: Check and clean storm drains. Repair sewer at Monterey/8th. Inspect buildings for termites. Fill and deliver sandbags City-wide. Repair heater in Community Center, Room 16. Work on pump stations at 33rd and 35th. Work on outfalls on the beach. Street Lighting Division: Install Holiday decorations City-wide. Assist with irrigation installation at Schaffer Park (Ingleside). Repair lights at Police Dept. and at Community Center. Install new street banners. Repair lights on palm trees at Lower Pier Avenue. Traffic Safety Division: Repair intersection of Pier/Hermosa with reflectors. Install new signs at South Park. Install new Taxi zones for downtown. Assist with sewer repairs. Assist with pump station repair at 35th. Make stop sign repairs City-wide. Assist with sandbag operations. Graffiti removal. Equipment Service Division: Ongoing equipment and vehicle maintenance and repair. Start Police Dept. emergency vehicle retrofit. Graffiti Removal: • • FY 96-97 JULY 1996 AUGUST 1996 SEPTEMBER 1996 OCTOBER 1996 NOVEMBER 1996 DECEMBER 1996 JANUARY 1997 FEBRUARY 1997 MARCH 1997 APRIL 1997 MAY 1997 JUNE 1997 YTD TOTAL: Respectfully submitted: 12.00 Hours 11.00 Hours 43.50 Hours 25.50 Hours 19.00 Hours 25.00 Hours 22.50 Hours 22.50 Hours 26.00 Hours 93.50 Hours 29.00 Hours 27.50 Hours 357.00 Hours Barbara Conklin Administrative Aide, Public Works Noted: Stephen R. rell City Mana 3 FY 97-98 JULY 1997 AUGUST 1997 SEPTEMBER 1997 OCTOBER 1997 NOVEMBER 1997 DECEMBER 1997 YTD TOTAL: 26.75 Hours 40.75 Hours 10.00 Hours 7.50 Hours 0 Hours 20.50 Hours 105.50 Hours BC/moact City of Hermosa Beach, California Comprehensive Annual Financial Report City of Hermosa Beach, California Comprehensive Annual Financial Report For the year ended June 30, 1997 PREPARED BY THE CITY OF HERMOSA BEACH, CALIFORNIA FINANCE DEPARTMENT VIKI L. COPELAND, FINANCE DIRECTOR 1 1 1 City of Hermosa Beach Comprehensive Annual Financial Report For the year ended June 30,1997 Table of Contents Introductory Section Letter of Transmittal Page i Certificate of Achievement for Excellence in Financial Reporting - Government Finance Officers Association xi Certificate of Award for Outstanding Financial Reporting - California Society of Municipal Finance Officers xii Organization Chart xiii Principal Officials of the City of Hermosa Beach, California xiv Financial Section Independent Auditors' Report 1 General Purpose Financial Statements: Combined Balance Sheet - All Fund Types and Account Groups 3 Combined Statement of Revenues, Expenditures and Changes in Fund Balances - All Governmental Fund Types 6 Combined Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual - All Governmental Fund Types 7 Combined Statement of Revenues, Expenses and Changes in Retained Earnings - All Proprietary Funds Types 10 Combined Statement of Revenues, Expenses and Changes in Retained Earnings - Budget and Actual - All Proprietary Funds Types 11 Combined Statement of Cash Flows - All Proprietary Fund Types 13 Notes to Financial Statements 14 City of Hermosa Beach Comprehensive Annual Financial Report, Continued For the year ended June 30, 1997 Table of Contents, Continued 1 Financial Section, Continued Combining, Individual Funds and Account Groups Financial Statements and Schedules: General Fund: Comparative Balance Sheets Comparative Statements of Revenues, Expenditures and Changes in Fund Balances Special Revenue Funds: Combining Balance Sheet Combining Statement of Revenues, Expenditures and Changes in Fund Balances Combining Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual Enterprise Funds: Combining Balance Sheet Combining Statement of Revenues, Expenses and Changes in Retained Earnings Combining Statement of Revenues, Expenses and Changes in Retained Earnings - Budget and Actual Combining Statement of Cash Flows Page 37 38 41 45 49 58 60 1 61 63 1 1 City of Hermosa Beach Comprehensive Annual Financial Report, Continued For the year ended June 30,1997 Table of Contents, Continued Page Financial Section, Continued Combining, Individual Funds and Account Groups Financial Statements and Schedules, Continued: Downtown Enhancement Fund: Comparative Balance Sheets 65 Comparative Statements of Revenues, Expenses and Changes in Retained Earnings 66 Comparative Statements of Cash Flows 67 Parking Fund: Comparative Balance Sheets 68 Comparative Statements of Revenues, Expenses and Changes in Retained Earnings 69 Comparative Statements of Cash Flows 70 Proposition "A" Transit Fund: Comparative Balance Sheets 71 Comparative Statements of Revenues, Expenses and Changes in Retained Earnings 72 Comparative Statements of Cash Flows 73 Proposition "C" Transit Fund: Comparative Balance Sheets 74 Comparative Statements of Revenues, Expenses and Changes in Retained Earnings 75 City of Hermosa Beach Comprehensive Annual Financial Report, Continued For the year ended June 30, 1997 Table of Contents, Continued Financial Section, Continued Combining, Individual Funds and Account Groups Financial Statements and Schedules, Continued: Proposition "C" Transit Fund, Continued: Comparative Statements of Cash Flows Internal Service Funds: Combining Balance Sheets Combining Statements of Revenues, Expenses and Changes in Retained Earnings Page 76 78 80 Combining Statement of Revenues, Expenses and Changes in Retained Earnings - Budget and Actual 81 Combining Statements of Cash Flows 83 Agency Fund: Comparative Balance Sheets 85 Statement Changes in Assets and Liabilities 86 General Fixed Assets Account Group: Comparative Schedule of General Fixed Assets by Source 88 Schedule of General Fixed Assets - by Function and Activity Schedule of Changes in General Fixed Assets - by Function and Activity 89 90 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 City of Hermosa Beach Comprehensive Annual Financial Report, Continued For the year ended June 30,1997 Table of Contents, Continued Page Financial Section, Continued Combining, Individual Funds and Account Groups Financial Statements and Schedules, Continued: General Long -Term Debt Account Group: Schedule of General Long -Term Debt 92 Statistical Section (Unaudited) General Governmental Revenues by Source - Last Ten Fiscal Years 94 General Governmental Expenditures by Function - Last Ten Fiscal Years 95 Assessed and Estimated Actual Value of Taxable Property - Last Ten Fiscal Years 96 Property Tax Rates and Tax Levies - All Overlapping Governments - Last Ten Fiscal Years 97 Property Tax Levies and Collections - Last Ten Fiscal Years 98 Computation of Legal Debt Margin 99 Statement of Direct and Overlapping Debt 100 Demographic Statistics - Last Ten Fiscal Years 101 Construction Value, Property Value and Bank Deposits - Last Ten Fiscal Years 102 Schedule of Insurance 103 1997 Top Property Tax Levyees 104 City of Hermosa Beach Comprehensive Annual Financial Report, Continued For the year ended June 30,1997 Table of Contents, Continued Page Statistical Section (Unaudited), Continued Top 25 Sales Tax Producers 105 Major Employers 106 Taxable Sales by Category - Calendar Years 1987-1996 107 Miscellaneous Statistics 108 Introductory Section N N M MN = MN M M N IIIM = I I 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 December 9, 1997 City of 2-iermosa Teaclt. Civic Center, 1315 Valley Drive, Hermosa Beach, California 90254-3885 Honorable Mayor and City Council Hermosa Beach, California I am pleased to submit the Comprehensive Annual Financial Report for the City of Hermosa Beach ("City"). The report covers the period July 1, 1996 through June 30, 1997. Responsibility for the accuracy and fairness of presentation, including all disclosures, rests with the City. We believe the data, as presented, is accurate in all material aspects; that it is presented in a manner designed to set forth the financial position and results of operations of the City as measured by the financial activity of its various funds; and that all disclosures necessary for the reader's maximum understanding of the City's financial affairs are included. The City prepared this report following the guidelines recommended by the Government Finance Officers Association of the United States and Canada (GFOA). The GFOA and the California Society of Municipal Finance Officers both have award programs for reports that substantially conform to high standards of reporting set by various standard-setting bodies, including the Governmental Accounting Standards Board. In accordance with these standards, the report contains three distinct sections: 1. Introductory Section - letter of transmittal, listing of principal officers, and organization chart. 2. Financial Section - general purpose financial statements, notes to the general purpose financial statements, combining and individual fund and account group statements and schedules. 3. Statistical Section - a variety of financial, physical, economic and social data presenting trends and other information intended to give users a broader understanding of the City. The Reporting Entity and Its Services The City of Hermosa Beach is a general law city that incorporated on January 14, 1907. The City operates under the Council -Manager form of government. Hermosa Beach offers a full range of municipal services, including police and fire protection, planning and zoning, recreation and parks, maintenance of public works, enforcement of building codes, parking and animal control, public improvements and general administration.Financial information for the Downtown Business Area Enhancement District ,Hermosa Beach Parking Authority, the Lighting and Landscaping District and the Crossing Guard Districts are included in the City's financial statements as required by governmental accounting standards. Funds of the Lighting and Landscaping District and the Crossing Guard Districts are shown as Special Revenue Funds; the Downtown Enhancement District is an Enterprise Fund. Councilmembers serve, in a separate session, as the governing board for the Parking Authority. A separate Downtown Business Enhancement Commission sets policy for the public parking lots, subject to review by the City Council. The Lighting and Crossing Guard Districts were created as separate assessment districts pursuant to Street and Highway Code §22500-22679 and Government Code §55530-70, respectively, to fund those functional activities. Economic Condition and Outlook The City of Hermosa Beach is a beachfront, bedroom community with a stable population located four miles south of Los Angeles International Airport. The State's latest population estimate for Hermosa Beach is 18,919, however as a beach city, Hermosa experiences a high visitor population and the associated costs. During the 1996-97 year, beach attendance ranged from a low of 41,300 in December 1996 to a high of 884,000 in August 1997, which is almost double the previous year due to good weather. Most economists actually agree that California is in a state of recovery. While the California unemployment rate for June 1997 of 6.3% is slightly higher than the national rate of 5%, it is the lowest in seven years. The City's revenue base is largely dependent on property taxes (28% of General Fund revenue), utility user taxes (17% of General Fund revenue) and sales tax (15% of General Fund revenue). The passage of Proposition 13 in 1978, which limited property taxes county -wide, virtually eliminated local control of property tax. Property taxes are assessed at 1% of market value and are capped at 2% growth per year. The City's total assessed valuation rose 1.83% for 1996-97. The City Council does retain some local control over sales tax through policy -setting. Sales tax revenue in Hermosa Beach rose 10% over 1995-96, as compared to the 3.3% increase in Los Angeles County. Two uncertainties do exist for cities in California. In September 1995, the California Supreme Court reversed a Court of Appeals decision which reinstated provisions of Proposition 62. Proposition 62 was a voter initiative which required all general taxes to be approved by a majority of the voters. Since the decision did not contain an effective date, address retroactivity or the status of existing taxes, the impact for many cities is unclear. The impact, if any, for Hermosa Beach is estimated at $50,000 or less. Another initiative, Proposition 218, was approved by voters in November 1996. The law affects local government's ability to charge property -related fees and assessments. As a result, some costs which were formerly charged to the City's Lighting and Landscaping District, are now paid by the General Fund. With the new legal constraints on local government revenue mentioned above, and the past actions of the State which impaired local property tax revenue, the financing of local government is more of a challenge than ever. Major Initiatives Spotlight on Downtown The crowning achievement in 1996-97 was implementation of the Downtown Improvement Plan. The plan was conceived from a study prepared in 1992 by a task force assembled by the American Institute of Architects, whose charge was to develop consensus about downtown improvements. The process involved community hearings and presentations by citizens, government and business people. The $7 million Downtown Plan which was ultimately developed includes a Pier Plaza, which is closed to vehicular traffic and offers a variety of outdoor dining and retail outlets. The streetscape features all new lighting fixtures and "street furniture", new landscaping and sidewalks. Street and sewer improvements were also incorporated. The remaining phases of the plan incorporate redesign and structural enhancements to the municipal pier (including a plaza and stage area), refurbishment of the County lifeguard headquarters (including a state of the art 911 emergency center) and construction of a 400 space parking structure adjacent to downtown. The parking structure is a joint venture with the County of Los Angeles. 100 of the 400 parking spaces will be purchased by the hotel which is being developed on adjacent ocean front property. All told, when the projects are complete in late 1998, over $40 million in private and public funds will have been reinvested in the downtown. The City will then turn its attention to the Pacific Coast Highway/Aviation commercial corridor, which is the next area targeted for improvement. Accounting System and Budgetary Control All governmental fund types and the Agency Fund are maintained on a modified accrual basis of accounting, with revenue recognized when measurable/available and expenditures recognized when incurred. Proprietary fund types are accounted for on an accrual basis of accounting, with revenue recognized when earned and expenses recognized when incurred. Internal controls, an integral part of the accounting system, are the methods and procedures used to safeguard and maintain accountability over assets and to provide reasonable assurance that transactions are recorded properly to support preparation of reliable reports. The City Council adopts an annual budget by June 30th of each year as required by the Hermosa Beach Municipal Code. A midyear review of the budget is conducted after the first six months of the fiscal year to ensure estimates are on target. Other budgetary amendments are made as needed. Budgetary control is maintained at the fund level, however, departments are responsible for oversight of their budget. The City Manager may transfer budgeted amounts between departments within each fund; transfers between funds require City Council approval. Revenue and expenditure reports, with budget to actual comparisons, are distributed to the iii i City Council and department heads monthly. An encumbrance system is used to record 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 obligations prior to payment as an aid in controlling expenditures. The City implemented a lower limit of $1,000 for recording of fixed assets during 1996-97 to reduce the number of transactions. General Government Operations Revenue The following schedule summarizes General and Special Revenue Fund revenue for the fiscal year ending June 30, 1997, presenting the amount and percentage of increases and decreases in relation to prior year revenue. Revenue Source Property Taxes Other Taxes Licenses & Permits Fines & Forfeitures Use of Money and Property Intergovernmental Charges for Services Miscellaneous Interest Total FY 96-97 Amount $3,735,297 5,166,152 275,424 132,334 285,408 1,717,746 755,949 845,830 605,391 $13.519,531 Percent Of Total 27.63% 38.20 2.04 .98 2.11 12.70 5.59 6.26 4.49 100.00% Increase (Decrease) From FY 95-96 (105,547) (477,213) 91,891 8,066 (30,596) (1,382,997) 95,099 395,580 (122,387) ($1.528.104) % Of Inc. (Dec.) (2.75)% (8.46) 50.07 6.49 (9.68) (44.60) 14.39 87.86 (16.82) (10.16)% Revenue for the General and Special Revenue Funds decreased (10.16%) from 1995-96. Without one-time funds, the change would be an increase of 18.26% The two tax categories, Property Tax and Other Taxes, represent the largest source of revenue at 66% of the total. Property taxes decreased 2.75% due to assessment repeal refunds. With the economy improving and home prices increasing, appeals of assessed values should be less of a factor in future revenue. The City Council was able to abolish the 4% portion of the utility user tax when certificates of participation were defeased, creating a decline in the Other Tax Category. The increase in Licenses and Permits reflects the 59% increase in building, plumbing and electric permits. Residential building permit valuations increased 59% and commercial building permit valuations increased 145%. The City received one-time Proposition A Park Bond Act funds in the prior year for purchase of the Greenbelt property, which accounts for the large decrease in the Intergovernmental category. iv The 14% increase in Charges for Services is a result of increased revenue from zoning and planning fees related to new development. The increase in Miscellaneous Revenue reflects surplus retirement funds received from the Public Employees' Retirement System. Funds are being used to increase equity in the Insurance Internal Service Fund and fund liabilities in the Compensated Absences Fund. Interest revenue declined since the payout of funds for the defeasance of debt on the Greenbelt property results in a lower cash balance available for investments. Expenditures The following schedule summarizes General and Special Revenue Fund expenditures by functional category for the fiscal year ending June 30, 1997, presenting the percentage of increases and decreases in relation to prior year expenditures. Function Current: Legislative & Legal General Government Public Safety Community Development Culture & Recreation Public Works Capital Outlay Debt Service: Principal Interest Total FY 96-97 Percent Amount Of Total 572,443 3.75% 917,810 6.00 6,809,657 44.55 699,250 4.57 497,993 3.26 2,174,626 14.23 3,603,009 23.57 9,722 .06 1,430 .01 $15.285.940 100.00% Increase (Decrease) From FY 95-96 30,888 92,459 366,183 208,577 22,259 16,559 876,947 (2,609,112) (510,315) ($1.493.325) % Of Inc. (Dec.) 5.70% 11.20 5.68 42.51 4.68 .77 32.76 (99.63) (99.72) (8.90)% Expenditures in the General and Special Revenue Funds decreased 8.90% overall. All functional categories which included vehicles and equipment include equipment replacement charges for the first time this year. The increase in General Government category costs relate to audits of transient occupancy and transfer tax, which actually result in increased revenue. A one time payment to the Hermosa Beach School District for funds received through the city's renegotiated cable television franchise are also included in General Government. The increase in Public Safety is attributable to the new equipment replacement charges. V The Community Development Category includes one-time expenditures for remodeling. The balance of the increased costs is for development related costs such as plan checking which are offset by increased revenue. Increased Capital Outlay expenditures result from a large sewer rehabilitation project in 1996-97. Large decreases in the Principal and Interest components of the Debt Service category are from certificates of participation defeased in the prior year. Proprietary Operations Proprietary funds account for operations which are financed and operated in a manner similar to business enterprises. The City uses both enterprise and internal service funds. The Downtown Enhancement Fund, Parking Fund, Proposition A and Proposition C Transit Funds are enterprise funds. The Insurance Fund, an internal service fund, accounts for insurance costs which are funded by charges to user departments. The Equipment Replacement Fund, operational for the first time this year, was established to account for vehicles and equipment and provide ongoing funds to replace assets at the end of the asset's useful life. Downtown Enhancement Fund The Downtown Business Area Enhancement District Commission oversees downtown parking lots which are operated by an independent contractor. Funds of the Downtown Enhancement Area Fund are generated primarily by these lots. The goal of the commission and the purpose of the funds is to promote economic revitalization of businesses in general and improve the physical appearance of the downtown business district in order to create jobs, attract new businesses and expand the existing tax base. The Downtown Enhancement Fund contributed over $800,000 to the Downtown Implementation Plan in 1996-97. Fund equity at year end is $653,422. Parking Fund All street parking permit, fine and meter revenue is deposited to the Parking Fund to finance parking operations and capital improvements. In accordance with the municipal code, any excess funds are transferred to the General Fund at the end of the year. Total revenue in the Parking Fund increased 10.73%. Transit Funds Transit funds consist of the Proposition A Fund (the one cent sales tax for Los Angeles County transportation purposes) and the Proposition C Fund, which is an additional 1/2 cent sales tax approved by the voters. Both Proposition A and Proposition C funds must be used for transit purposes; Proposition C uses are a bit less restrictive and can be used for some street purposes. vi The City participates in a Dial -A -Ride program with the City of Redondo Beach, a commuter freeway express bus to downtown Los Angeles with four other cities and provides subsidized bus passes for senior citizens and students. The Proposition A fund had retained earnings of $80,688 at year end; the Proposition C fund had retained earnings of $418,753. Insurance Fund The Insurance Internal Service Fund was created to account for costs associated with the City's insurance: liability, worker's compensation, unemployment, auto, property and officials' bonds. These costs are distributed to all operating departments in the form of a service charge. Formulas are designed to capture each departments fair share of the insurance cost. Fund liabilities include estimates of amounts needed to pay prior and current year claims and claims which are assumed to be incurred but not reported (IBNR). The fund ended the year with equity of $283,056. The City adopted a new policy in 1995-96 of transferring one third of any General Fund surplus ($240,470 for 96-97) to the Insurance Fund at year to increase fund equity. Surplus retirement funds in the amount of $243,919 were also transferred into this fund to build equity. Equipment Replacement Fund An Equipment Replacement Fund was established in 1995-96 to provide a method of funding an ongoing plan for asset replacement. The fund has equity of $2,253,314 at year end and became fully operational during the 1996-97 year. Charges for each department are budgeted according to an asset replacement schedule and direct and indirect costs of maintaining department assets. Fiduciary Operations An agency fund is used to account for assets held for other funds, governments or individuals. The city offers three deferred compensation plans for employees, which are accounted for in an agency fund. The increase in fund assets of $725,171 represents an increase in participants and contributions. Debt Administration The City has no debt subject to the legal debt limit (as shown on the Computation of Legal Debt Margin, Statistical Section); however, descriptions and information regarding long- term debt are found in the Notes to the Financial Statements. Cash Management The City Treasurer invests temporarily idle funds in accordance with the State Government Code. The City's formal investment policy, as authored by the Treasurer and approved by the City Council, requires an even more cautious investment placement criteria. vii Institutions must have a minimum 5% net asset value to qualify for certificate of deposit investment consideration. Only government securities are accepted as collateral. Investments are limited to U.S. Treasury notes, certificates of deposit, corporate notes and the State and County Pooled Investment Funds. Shown below is the percentage of idle funds in each instrument category on June 30, 1997. U.S. Securities 50.2% Local Agency Investment Fund 49.8% Interest earned on investments for 1996-97 was $685,228, with an average interest rate of 5.74%. The average length of maturity on U.S. securities held was 804 days. Risk Management The City is self-insured up to $250,000 for liability claims. Excess coverage up to $10 million is obtained through the Independent Cities Risk Management Authority (ICRMA), a joint powers authority consisting of medium-sized California municipalities. The cost of the insurance depends on both the loss experience of member cities and the loss experience of Hermosa Beach. The City is self-insured up to $300,000 for worker's compensation claims, with statutory limit excess coverage provided through a private insurance carrier. Claims defense and settlement are coordinated by third party administrators for both liability and worker's compensation, with oversight by the Risk Manager. High value vehicle and property insurance is placed with private insurance carriers. Independent Audit City financial records are audited annually by independent certified public accountants selected by the City Council. The Report of Independent Accountants is included in the Financial Section. The responsibility of the independent accountants is to express an opinion on the City's financial statements based on their audit. The "unqualified" opinion received by the city indicates that the independent accountants believe that the financial statements present fairly the financial position and results of operations of the City. Certificate of Achievement The Government Finance Officer's Association awards certificates of Achievement to those entities whose annual financial reports are judged to conform substantially with high standards of public financial reporting. The City of Hermosa Beach has been awarded the Certificate of Achievement for Excellence in Financial Reporting from the GFOA for its annual reports since fiscal year 1990 and the Certificate of Award for Outstanding Financial Reporting by the California Society of Municipal Finance Officers since 1989. The certificates are valid for one year only. We believe our current report continues to meet high program standards and will be submitted to both award programs for review. viii Acknowledgments I would like to express my appreciation to the staff of the Finance Department, the City Manager, all department heads and their staff members and our auditors, Caporicci & Larson, for their assistance and contributions to this report. 1 would also like to thank the City Council, City Treasurer and City Clerk for their support and continuing service to the community. Respectfully submitted, Viki Copeland Finance Director ix 11111 M M I MI NMI OM NM M 11111 M MI M OM I- r- M Certificate of Achievement for Excellence in Financial Reporting Presented to City of Hermosa Beach, California For its Comprehensive Annual Financial Report for the Fiscal Year Ended June 30, 1996 A Certificate of Achievement for Excellence in Financial Reporting is presented by the Government Finance Officers Association of the United States and Canada to government units and public employee retirement systems whose comprehensive annual financial reports (CAFRs) achieve the highest standards in government accounting and financial reporting. ec President YO4/ Gl&& Executive Director xi — M MI— M M r— M all r r S NM E MI W— CaCfornia Society of Municipal finance Officers Certificate of Award Outstanding Financial Reporting 1995-96 Presented to the City of Hermosa .Beach This certificate is issued in recognition of meeting professional standards and criteria in reporting which reflect a high level of quality in the annual financial statements and in: the underlying accounting system from which the reports were prepared. 117 14111r1.014: •s4 4091110p, ,e0 4,1 � ie Qat 4 =II..:i h� V .r Y February 24, 1997 �/• . .SSS I A_ ./�i/--�--. ii' hair, Professional & Technical Standards Committee C Dedicated to Excellence in Municipal Financial Management 3C President, SMFO CITY OF HERMOSA BEACH ORGANIZATIONAL CHART ELECTORATE CITY CLERK CITY COUNCIL CITY TREASURER PLANNING COMMISSION CIVIL SERVICE BOARD BOARD OF APPEALS PARKS & RECREATION ADVISORY COMMISSION CITY PROSECUTOR CITY MANAGER DATA PROCESSING L CITY ATTORNEY COMMUNITY RESOURCES Parks& Recreation Facilities / Management Cultural /Recreational Athletic Programming Special Events Cable T.V Liaison PUBLIC WORKS Engineering Capital Improvement Maintenance Traffic Engineering POLICE Police Enforcement Investigation Detention Emergency Dispatch Reserves Special Investigations Record Bureau FIRE PERSONNEL RISK MANAGEMENT Fire Fire Suppression Prevention Rescue Public Education Community Services Parking Enforcement Animal Control Crossing Guards Coordination Meter Maintenance Personnel Recruitment Training Labor Relations Workers' Comp Claims Liability Claims City Insurance Secretarial Support FINANCE COMMUNITY DEVELOPMENT Budget Accounting Payroll Citation Processing Animal Licenses Parking Permits Bus Passes BUILDING & SAFETY Business License Plan Checking Field Inspection Code Enforcement Refuse Contractor Liaison PLANNING Current Planning Advanced Planning Environmental Assessment C.U.P. Enforcement PRINCIPAL OFFICIALS OF THE CITY OF HERMOSA BEACH, CALIFORNIA June 30, 1997 Elected and Administrative Officials City Council J. R. Reviczky Mayor Sam Edgerton Mayor Pro Tempore Robert Benz Councilmember John Bowler Councilmember Julie Oakes Councilmember John Workman Elaine Doerfling Stephen Burrell Amy Amirani Viki Copeland Sol Blumenfeld Mary Rooney Val Straser Pete Bonano Other Elected Officials Administrative Officials xiv City Treasurer City Clerk City Manager Public Works Director Finance Director Community Development Director Community Resources Director Police Chief Fire Chief Financial Section EN MN NM MN NM NM N NM INII 11111 I N I N NM N I N INNI 1 Caporicci & Larson Certified Public Accountants INDEPENDENT AUDITORS' REPORT To the Honorable Mayor and Members of City Council of the City of Hermosa Beach Hermosa Beach, California Offices located in: Irvine, California Walnut Creek, California We have audited the accompanying general purpose financial statements of the City of Hermosa Beach, California (the City), as of and for the year ended June 30, 1997, as listed in the foregoing table of contents. These general purpose financial statements are the responsibility of the management of the City. Our responsibility is to express an opinion on these general purpose financial statements based on our audit. We conducted our audit in accordance with generally accepted auditing standards and standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the general purpose financial statements are free from material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the general purpose financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall general purpose financial statement presentation. We believe that our audit provides a reasonable basis for our opinion. In our opinion, such general purpose financial statements referred to above present fairly, in all material respects, the financial position of the City as of June 30, 1997, and the results of its operations and the cash flows of its proprietary fund types for the year then ended in conformity with generally accepted accounting principles. In accordance with Government Auditing Standards, we have also issued our report dated September 20, 1997 on our consideration of the City's internal control over financial reporting and our tests of its compliance with certain provisions of laws, regulations, contracts, and grants. Our audit was made for the purpose of forming an opinion on the general purpose financial statements taken as a whole. The accompanying combining and individual funds and account groups financial statements and schedules listed in the foregoing table of contents are presented for purposes of additional analysis and are not a required part of the general purpose financial statements of the City. This additional information is the responsibility of the management of the City. Such additional information has been subjected to the auditing procedures applied in the audit of the general purpose financial statements and, in our opinion, is fairly presented in all material respects when considered in relation to the general purpose financial statements taken as a whole. The statistical section listed in the foregoing table of contents is presented for purposes of additional analysis and is not a required part of the general purpose financial statements of the City. Such information had not been subjected to the auditing procedures applied in the audit of the general purpose financial statements, and, accordingly, we express no opinion on the statistical section. Irvine, California September 20, 1997 17512 Von Karman Avenue, Irvine, California 92614 Tel: (714) 436-0927 Fax: (714) 260-1141 General Purpose Financial Statements 11111 M i ! - M E E MO -= I i M S I OM E OM THIS PAGE LEFT INTENTIONALLY BLANK City of Hermosa Beach Combined Balance Sheet - All Fund Types and Account Groups June 30,1997 (With comparative totals for June 30, 1996) Governmental Proprietary Fund Types Fund Types General ASSETS AND OTHER DEBITS Special Internal Revenue Enterprise Service Assets : Cash and investments $ 2,753,987 $ 5,959,874 $ 870,167 $ 2,694,581 Reimbursable grants receivable 446,447 12,545 Interest receivable on investments 64,934 97,604 19,172 280 Other accounts receivables 553,720 75,291 280,022 6,030 Property taxes receivable 575,010 34,495 Due from other funds 535,789 Deposits 1,392,033 Deferred compensation plans investments Inventory and other assets 111,186 1,047 Property and equipment, net 1,590,281 923,003 Other debits : Amount to be provided for retirement of general long-term debt Total assets and other debits $ 4,058,837 $ 7,149,500 $ 2,772,187 $ 5,016,974 LIABILITIES, EQUITY AND OTHER CREDITS Liabilities : Workers' compensation claims payable $ 1,555,122 General liability claims payable 872,026 Accounts payable and accrued liabilities $ 243,959 $ 530,851 $ 217,492 39,151 Accrued wages and compensated absences 750,636 39,320 78,396 14,305 Due to other funds 535,789 Capital lease payable Refundable deposits 78,926 Deferred compensation plans liability Deferred revenue 722,403 34,495 Other liabilities 11,362 Total liabilities 1,807,286 1,140,455 295,888 2,480,604 Equity and other credits : Contributed capital 22,250 1,800,086 Investment in general fixed assets Retained earnings 2,454,049 736,284 Fund balances 2,251,551 6,009,045 Total equity and other credits 2,251,551 6,009,045 2,476,299 2,536,370 Total liabilities, equity and other credits $ 4,058,837 $ 7,149,500 $ 2,772,187 $ 5,016,974 See accompanying notes to general purpose financial statements. 3 1 1 IFiduciary Totals Fund Type Account Groups (Memorandum Only) I General General Agency Fixed Assets Long -Term Debt 1997 1996 1 $ 12,278,609 $ 13,614,222 I 458,992 150,830 181,990 213,814 915,063 811,826 609,505 622,270 535,789- 1,392,033 1,386,018 I $ 2,740,799 2,740,799 2,015,628 112,233 16,265 $ 23,751,877 26,265,161 25,448,854 $ 607,248 607,248 655,834 $ 2,740,799 $ 23,751,877 $ 607,248 $ 46,097,422 $ 44,935,561 $ 1,555,122 $ 1,468,746 872,026 866,974 I 1,031,453 759,783 $ 592,164 1,474,821 1,531,266 535,789 I 15,084 15,084 23,764 78,926 106,213 $ 2,740,799 2,740,799 2,015,628 t 756,898 682,115 11,362 8,917 I 2,740,799 $ 607,248 9,072,280 7,463,406 1,822,336 1,017,976 I 23,751,877 23,751,877 23,622,595 3,190,333 3,041,678 8,260,596 9,789,906 I 23,751,877 37,025,142 37,472,155 $ 2,740,799 $ 23,751,877 $ 607,248 $ 46,097,422 $ 44,935,561 THIS PAGE LEFT INTENTIONALLY BLANK 5 1 1 1 t City of Hermosa Beach Combined Statement of Revenues, Expenditures and Changes in Fund Balances - All Governmental Fund Types For the year ended June 30, 1997 (With comparative totals for year ended June 30, 1996) REVENUES: Property taxes Other taxes Licenses and permits Fines and forfeitures Use of money and property Intergovernmental Charges for services Miscellaneous Interest earned on investments TOTAL REVENUES EXPENDITURES : Current : Legislative and legal General government Public safety Community development Culture and recreation Public works Capital outlay Debt service : Principal Interest Governmental Fund Types General $ 3,145,507 5,120,652 275,424 129,589 285,408 877,826 658,681 642,000 196,041 Special Revenue $ 589,790 45,500 2,745 839,920 97,268 203,830 409,350 11,331,128 2,188,403 572,443 888,347 6,724,578 699,250 497,993 1,253,261 3,507 9,722 1,430 29,463 85,079 921,365 3,599,502 TOTAL EXPENDITURES 10,650,531 4,635,409 EXCESS OF REVENUES OVER (UNDER) EXPENDITURES 680,597 (2,447,006) OTHER FINANCING SOURCES (USES) : Operating transfers in 1,296,691 Operating transfers out (472,876) Proceeds from capital lease TOTAL OTHER FINANCING SOURCES (USES) (586,716) 823,815 EXCESS OF REVENUES AND OTHER FINANCING SOURCES OVER (UNDER) EXPENDITURES AND OTHER FINANCING (USES) 93,881 (1,623,191) FUND BALANCES : Beginning of year End of year 1,423,116 (2,009,832) 2,157,670 7,632,236 Totals (Memorandum Only) 1997 $ 3,735,297 5,166,152 275,424 132,334 285,408 1,717,746 755,949 845,830 605,391 13,519,531 1996 $ 3,840,844 5,643,365 183,533 124,268 316,004 3,100,409 660,850 450,250 727,778 15,047,301 572,443 541,555 917,810 825,351 6,809,657 6,443,474 699,250 490,673 497,993 475,734 2,174,626 2,158,067 3,603,009 2,713,832 9,722 2,618,834 1,430 511,745 15,285,940 16,779,265 (1,766,409) (1,731,964) 2,719,807 5,410,190 (2,482,708) (5,100,265) 23,764 237,099 333,689 (1,529,310) (1,398,275) 9,789,906 11,188,181 $ 2,251,551 $ 6,009,045 $ 8,260,596 $ 9,789,906 See accompanying notes to general purpose financial statements. 6 City of Hermosa Beach Combined Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual - All Governmental Fund Types For the year ended June 30,1997 General Fund Variance Favorable Budget Actual (Unfavorable) REVENUES: Property taxes $ 3,166,725 $ 3,145,507 $ (21,218) Other taxes 4,899,502 5,120,652 221,150 Licenses and permits 489,284 275,424 (213,860) Fines and forfeitures 110,000 129,589 19,589 Use of money and property 285,520 285,408 (112) Intergovernmental 790,151 877,826 87,675 Charges for services 833,163 658,681 (174,482) Miscellaneous 522,500 642,000 119,500 Interest earned on investments 165,655 196,041 30,386 TOTAL REVENUES 11,262,500 11,331,128 68,628 EXPENDITURES : Current : Legislative and Iegal 600,233 572,443 27,790 General government 1,010,304 888,347 121,957 Public safety 6,866,285 6,724,578 141,707 Community development 853,650 699,250 154,400 Culture and recreation 560,295 497,993 62,302 Public works 1,270,661 1,253,261 17,400 Capital outlay 344,777 3,507 341,270 Debt service: Principal 9,722 9,722 Interest 1,430 1,430 TOTAL EXPENDITURES 11,517,357 10,650,531 866,826 EXCESS OF REVENUES OVER (UNDER) EXPENDITURES (254,857) 680,597 OTHER FINANCING SOURCES (USES) : Operating transfers in 1,423,187 1,423,116 Operating transfers out (2,009,903) (2,009,832) TOTAL OTHER FINANCING SOURCES (USES) EXCESS OF REVENUES AND OTHER FINANCING SOURCES OVER (UNDER) EXPENDITURES AND OTHER FINANCING (USES) FUND BALANCES : Beginning of year End of year (586,716) (586,716) 935,454 (71) 71 $ (841,573) 93,881 $ 935,454 2,157,670 $ 2,251,551 See accompanying notes to general purpose financial statements. 7 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 Special Revenue Funds Totals (Memorandum Only) Budget $ 598,905 59,500 10,000 4,822,908 62,592 317,521 399,437 6,270,863 36,398 92,359 1,095,847 10,776,698 12,001,302 (5,730,439) 1,284,413 (474,211) Actual Variance Favorable (Unfavorable) $ 589,790 $ 45,500 2,745 839,920 97,268 203,830 409,350 2,188,403 29,463 85,079 921,365 3,599,502 4,635,409 (2,447,006) 1,296,691 (472,876) Budget (9,115) $ (14,000) (7,255) (3,982,988) 34,676 (113,691) 9,913 (4,082,460) 6,935 7,280 174,482 7,177,196 7,365,893 3,283,433 12,278 1,335 810,202 823,815 13,613 3,765,630 4,959,002 489,284 120,000 285,520 5,613,059 895,755 840,021 565,092 17,533,363 Actual $ 3,735,297 5,166,152 275,424 132,334 285,408 1,717,746 755,949 845,830 605,391 13,519,531 600,233 572,443 1,046,702 917,810 6,958,644 6,809,657 853,650 699,250 560,295 497,993 2,366,508 2,174,626 11,121,475 3,603,009 9,722 9,722 1,430 1,430 23,518,659 15,285,940 (5,985,296) (1,766,409) 2,707,600 2,719,807 (2,484,114) (2,482,708) Variance Favorable (Unfavorable) $ (30,333) 207,150 (213,860) 12,334 (112) (3,895,313) (139,806) 5,809 40,299 (4,013,832) 27,790 128,892 148,987 154,400 62,302 191,882 7,518,466 8,232,719 4,218,887 12,207 1,406 223,486 237,099 13,613 $ (4,920,237) (1,623,191) $ 3,297,046 $ (5,761,810) (1,529,310) $ 4,232,500 7,632,236 9,789,906 $ 6,009,045 $ 8,260,596 THIS PAGE LEFT INTENTIONALLY BLANK 9 City of Hermosa Beach Combined Statement of Revenues, Expenses and Changes in Retained Earnings - All Proprietary Fund Types For the year ended June 30, 1997 (With comparative totals for the year ended June 30, 1996) OPERATING REVENUES : Taxes Fines and forfeitures Use of money and property Charges for services Miscellaneous TOTAL OPERATING REVENUES OPERATING EXPENSES : Salaries and wages Contractor services Supplies Claims expense Depreciation TOTAL OPERATING EXPENSES OPERATING INCOME (LOSS) NON-OPERATING REVENUES : Write-off of fixed assets Interest earned on investments TOTAL NON-OPERATING REVENUES INCOME (LOSS) BEFORE OPERATING TRANSFERS Operating transfers in Operating transfers out NET INCOME (LOSS) RETAINED EARNINGS : Beginning of year Residual equity transfer End of year Proprietary Fund Types Enterprise Funds Internal Service Funds $ 383,106 1,048,683 266,170 957,744 $ 1,432,911 88,490 Totals (Memorandum Only) 1997 $ 383,106 1,048,683 266,170 2,390,655 88,490 1996 $ 374,418 854,621 229,614 1,916,741 31,278 2,655,703 1,521,401 4,177,104 3,406,672 842,449 1,106,153 190,251 605 198,657 177,503 124,455 883,876 260,500 2,139,458 1,644,991 516,245 (123,590) (26,082) 79,837 280 53,755 280 570,000 (123,310) 788 762,859 (1,00(1,746) (429,958) 639,549 2,944,943 96,735 (60,936) $ 2,454,049 1,041,106 1,283,656 314,706 883,876 261,105 950,372 515,479 95,455 671,613 23,321 3,784,449 2,256,240 392,655 (26,082) 80,117 54,035 446,690 763,647 (1,000,746) 209,591 1,150,432 75,751 75,751 1,226,183 596,052 (905,977) 916,258 3,041,678 2,125,420 (60,936) $ 736,284 $ 3,190,333 $ 3,041,678 See accompanying notes to general purpose financial statements. 10 City of Hermosa Beach Combined Statement of Revenues, Expenses and Changes in Retained Earnings - Budget and Actual - All Proprietary Funds For the year ended June 30, 1997 Enterprise Funds Variance Favorable Budget Actual (Unfavorable) OPERATING REVENUES : Taxes $ 397,208 $ 383,106 $ (14,102) Fines and forfeitures 970,967 1,048,683 77,716 Use of money and property 289,452 266,170 (23,282) Charges for services 919,272 957,744 38,472 Miscellaneous TOTAL OPERATING REVENUES 2,576,899 2,655,703 78,804 OPERATING EXPENSES : Salaries and wages 896,921 842,449 54,472 Contractor services 1,464,548 1,106,153 358,395 Supplies 214,014 190,251 23,763 Claims expense Depreciation 12,747 605 12,142 TOTAL OPERATING EXPENSES 2,588,230 2,139,458 448,772 OPERATING INCOME (LOSS) (11,331) 516,245 527,576 NON-OPERATING REVENUES : Write-off of fixed assets (26,082) (26,082) Interest earned on investments 76,873 79,837 2,964 TOTAL NON-OPERATING REVENUES 76,873 53,755 (23,118) INCOME (LOSS) BEFORE OPERATING TRANSFERS 65,542 570,000 504,458 Operating transfers in 583 788 205 Operating transfers out (1,000,965) (1,000,746) 219 NET INCOME (LOSS) $ (934,840) (429,958) $ 504,882 RETAINED EARNINGS : Beginning of year 2,944,943 Residual equity transfer (60,936) End of year $ 2,454,049 See accompanying notes to general purpose financial statements. 11 1 1 i 1 Internal Service Funds Totals (Memorandum Only) Variance Variance Favorable Favorable Budget Actual (Unfavorable) Budget Actual (Unfavorable) $ 1,432,911 $ 1,432,911 $ 88,490 88,490 $ 397,208 $ 383,106 $ (14,102) 970,967 1,048,683 77,716 289,452 266,170 (23,282) 2,352,183 2,390,655 38,472 88,490 88,490 1,432,911 1,521,401 88,490 4,009,810 4,177,104 167,294 206,096 198,657 7,439 1,103,017 1,041,106 61,911 279,970 177,503 102,467 1,744,518 1,283,656 460,862 141,118 124,455 16,663 355,132 314,706 40,426 640,000 883,876 (243,876) 640,000 883,876 (243,876) - 260,500 (260,500) 12,747 261,105 (248,358) 1,267,184 1,644,991 (377,807) 3,855,414 3,784,449 70,965 165,727 (123,590) (289,317) 154,396 392,655 (26,082) 280 280 76,873 80,117 280 280 76,873 54,035 165,727 (123,310) (289,037) 231,269 446,690 762,907 762,859 (48) 763,490 763,647 (1,000,965) (1,000,746) 238,259 (26,082) 3,244 (22,838) 215,421 157 219 $ 928,634 639,549 $ (289,085) $ (6,206) 209,591 $ 215,797 96,735 3,041,678 (60,936) $ 736,284 $ 3,190,333 12 City of Hermosa Beach Combined Statement of Cash Flows - All Proprietary Fund Types For the year ended June 30, 1997 (With comparative totals for the year ended June 30, 1996) CASH FLOWS FROM OPERATING ACTIVITIES : Operating income (loss) Adjustments to reconcile operating income to net cash provided by operating activities : Depreciation Changes in assets and liabilities : Grant receivable Interest receivable on investments Other accounts receivable Deposits Other assets Worker's compensation claims payable General liability claims payable Accounts payable Accrued wages and compensated absences NET CASH PROVIDED BY OPERATING ACTIVITIES Totals Proprietary Fund Types (Memorandum Only) Enterprise Internal Service Funds Funds 1997 1996 $ 516,245 $ (123,590) $ 392,655 $ 1,150,432 605 260,500 261,105 23,321 7,020 7,020 (19,565) 1,906 3 1,909 605 (609) (6,030) (6,639) (26,251) (19,529) (19,529) (44,514) 951 951 (1,998) 86,376 86,376 (10,938) 5,052 5,052 (75,691) 82,444 1,329 83,773 (88,885) (1,064) 3,479 2,415 11,727 606,547 208,541 815,088 918,243 CASH FLOWS FROM NON -CAPITAL FINANCING ACTIVITIES : Operating transfers in 788 762,859 763,647 596,052 Operating transfers out (1,000,746) (1,000,746) (905,977) NET CASH PROVIDED (USED) BY NON -CAPITAL FINANCING ACTIVITES (999,958) 762,859 (237,099) (309,925) CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES : Acquisition of fixed assets (230,787) (230,787) (201,883) Contributed capital 821,116 NET CASH PROVIDED (USED) BY CAPITAL AND RELATED FINANCING ACTIVITIES (230,787) (230,787) 619,233 CASH FLOWS FROM INVESTING ACTIVITIES : Interest earned on investments 79,837 280 80,117 75,751 NET CASH PROVIDED BY INVESTING ACTIVITES 79,837 280 80,117 75,751 NET INCREASE IN CASH (313,574) 740,893 427,319 1,303,302 CASH AND INVESTMENTS : Beginning of year 1,183,741 1,953,688 3,137,429 1,834,127 End of year $ 870,167 $ 2,694,581 $ 3,564,748 $ 3,137,429 See accompanying notes to general purpose financial statements. 13 City of Hermosa Beach Notes to General Purpose Financial Statements For the year ended June 30,1997 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Reporting Entity - The financial reporting entity consists of (a) the primary government, City of Hermosa Beach (the City), (b) organizations for which the primary government is financially accountable, and (c) other organizations for which the primary government is not accountable, but for which the nature and significance of their relationship with the primary government are such that exclusion would cause the reporting entity's financial statements to be misleading or incomplete. Component units are legally separate organizations for which the elected officials of the primary government are financially accountable. In addition, component units can be other organizations for which the primary government's exclusion would cause the reporting entity's financial statements to be misleading or incomplete. The following is a brief review of the component units included in the accompanying general purpose financial statements of the City. Downtown Business Area Enhancement District All parking lot revenues are deposited to the Downtown Fund in order to finance parking operations in the downtown area. Hermosa Beach Crossing Guard District This fund is used to account for the funds of the assessment district, which was created pursuant to Government Code 55530-70 for provision of crossing guards. Hermosa Beach Street Lighting District This fund is used to account for the Lighting Assessment District, which was created for street lighting purposes pursuant to Street and Highway Code 22500-22679. The above component units are included in the City's general purpose financial statements using the blended method since the governing body of these component units are substantially the same as the governing body of the City and these component units provided services entirely to the City. Detailed financial statements are available for the above component units from the City's Finance Department. 14 City of Hermosa Beach Notes to General Purpose Financial Statements, Continued For the year ended June 30,1997 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, Continued Description of Funds - The accounts of the City are organized and operated on the basis of funds and account groups, each of which is defined as a separate fiscal and accounting entity with a self -balancing set of accounts. These funds and account groups are established for the purpose of carrying on specific activities or attaining certain objectives in accordance with special regulations, restrictions or limitations. In accordance with the City's municipal code and budget, several different types of funds and account groups are used to record the City's financial transactions. For financial reporting purposes, the City's funds and account groups have been grouped and are presented in the accompanying general purpose financial statements as follows : Governmental Fund Types General Fund - The purpose of this fund is to account for all financial resources except those required to be accounted for in another fund. Special Revenue Funds - The purpose of these funds is to account for the proceeds of specific revenue sources that are legally restricted to expenditures for specific purposes. Proprietary Fund Types Enterprise Funds - The purpose of these funds is to account for those operations that are financed and operated in a manner similar to private business or where the governing body has decided that the determination of revenues earned, costs incurred and net income is necessary for management accountability. Internal Service Funds - The purpose of these funds are to account for the financing of goods and services provided by one department to other departments of the City on a cost -reimbursement basis. Fiduciary Fund Type Agency Fund - The purpose of this fund is to account for assets which are held by the City as an agency for individuals, private organizations and other governmental units or other funds. This fund is custodial in nature and does not involve the measurement of results of operations. Account Groups General Fixed Assets Account Group - The purpose of this account group is to maintain control and cost information on capital assets owned by the City, other than those accounted for in proprietary funds. 15 City of Hermosa Beach Notes to General Purpose Financial Statements, Continued For the year ended June 30,1997 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, Continued General Long -Term Debt Account Group - The purpose of this account group is to account for the unmatured long-term obligations of the City, other than those accounted for in proprietary funds. Basis of Accounting and Measurement Focus - The accounting and reporting treatment applied to a fund is determined by its measurement focus. All governmental funds are accounted for on a "current financial resources" measurement focus. Accordingly, only current assets and current liabilities generally are included on the balance sheets. Operating statements of governmental funds present increases (revenues and other financial sources) and decreases (expenditures and other financial uses) in net current assets. All Governmental and Fiduciary Funds Types are accounted for using the modified accrual basis of accounting wherein revenues are recognized in the accounting period in which they become measurable and available to pay liabilities of the current period. Revenues considered susceptible to accrual include property taxes collected generally within 60 days of year-end, charges for services, federal and state grants, sales taxes and interest. Expenditures are recognized in the accounting period in which the fund liability is incurred, if measurable, except for principal and interest on general long-term debt which is recognized when due. All Proprietary Fund Types are accounted for on an "economic resources" measurement focus, meaning that all assets and all liabilities (whether current or noncurrent) associated with their activity are included on their balance sheets. Reported fund equity (net total assets) is segregated into contributed capital and retained earnings components. Operating statements of the Proprietary Fund Types present increases (revenues) and decreases (expenses) in net total assets. Proprietary Fund Types are maintained on the accrual basis of accounting wherein revenues are recognized in the accounting period in which they are earned and expenses are recognized in the accounting period incurred. Accounting Standards - Pursuant to Governmental Accounting Standards Board (GASB) Statement No. 20, Accounting and Financial Reporting for Proprietary and Other Governmental Entities That Use Proprietary Fund Accounting, the City has elected to apply the provisions of all relevant pronouncements of the Financial Accounting Standards Board (FASB), including those issued after November 30, 1989. Budgetary Principles - The City is required by its municipal code to adopt an annual budget on or before June 30 for the ensuing fiscal year. From the effective date of the budget, the amounts become the "annual appropriated budget." 16 City of Hermosa Beach Notes to General Purpose Financial Statements, Continued For the year ended June 30,1997 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, Continued The City Council may amend the budget by motion during the fiscal year. The City Manager is authorized to transfer budgeted amounts within an activity, within any fund. However, any revisions that alter total expenditures of any fund must be approved by the City Council. Expenditures may not legally exceed appropriations at the fund level. Appropriations lapse at the end of the fiscal year. Supplemental appropriations, which increase appropriations, were made during the fiscal year. Budgets are annually adopted for all governmental and proprietary fund types on a consistent basis with generally accepted accounting principles. Budgeted revenue and expenditure amounts represent the original budget modified for adjustments during the year. Encumbrances - Under encumbrance accounting, purchase orders, contracts and other commitments for expenditures are recorded to reserve that portion of the applicable appropriation. Encumbrance accounting is employed as an extension of formal budgetary accounting. Since encumbrances do not yet constitute expenditures or liabilities, encumbrances outstanding at year-end are reported as reservations of fund balances. Unexpended appropriations lapse at year-end. Cash and Investments - The City pools cash resources from all funds in order to facilitate the management of cash and achieve the goal of obtaining the highest yield with the greatest safety and least risk. The balance in the pooled cash account is available to meet current operating requirements. Cash in excess of current requirements is invested in various interest-bearing accounts and other investments for varying terms. Cash in the special revenue funds, including the Asset Seizure and Forfeiture Fund, is restricted to use for purposes stipulated by the fund. The Assets Seizure and Forfeiture Fund is used for law enforcement purposes and is intended to supplement, not replace or reduce, normal appropriations for the operations of the City's Police Department. Investments are carried at cost or amortized cost, except for investments in the deferred compensation agency fund which are reported at market value. Unrealized losses on investments are not recorded when their market values decline below cost unless such declines are considered permanent. The City intends to either hold the investments until maturity or until market values equal or exceed cost. Interest earned on investments is allocated to all funds on the basis of monthly cash and investments balances. 17 City of Hermosa Beach Notes to General Purpose Financial Statements, Continued For the year ended June 30, 1997 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, Continued Cash equivalents are considered amounts in demand deposits and short-term investments with a maturity date within three months of the date acquired by the City and are presented as "Cash and Investments" in the accompanying general purpose financial statements. The City participates in an investment pool managed by the State of California titled Local Agency Investment Fund (LAIF) which has invested a portion of the pool funds in derivatives and similar transactions . LAIF's investments are subject to credit risk with the full faith and credit of the State of California collateralizing these investments. In addition, these derivatives and similar transactions are subject to market risk as to change in interest rates. Inventory - Inventory, consisting of gasoline, is stated at cost on an average cost basis and is controlled by a perpetual inventory system and adjusted to reflect periodic physical counts. These inventories are recorded as expenditures when consumed. Property and Equipment - General fixed assets are not capitalized in the funds used to acquire or construct them. Instead, capital acquisition and construction are reflected as expenditures in governmental funds, and the related assets are reported in the General Fixed Assets Account Group. Fixed assets acquired or constructed for proprietary funds are capitalized in their respective individual funds. All purchased fixed assets are valued at cost where historical records are available and at an estimated historical cost where no historical records exist. Donated fixed assets are valued at their estimated fair market value on the date received. The costs of normal maintenance and repairs that do not add to the value of the asset or materially extend asset lives are not capitalized. Public domain ("infrastructure") general fixed assets consisting of roads, bridges, curbs and gutters, streets and sidewalks, drainage systems and lighting systems are not capitalized, as these assets are immovable and of value only to the City. Depreciation of property and equipment is provided using the straight-line method over the following estimated useful lives : Building and structures 50 years Improvements 20 years Equipment and machinery 7-10 years Vehicles 3-20 years 18 City of Hermosa Beach Notes to General Purpose Financial Statements, Continued For the year ended June 30, 1997 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, Continued Depreciation of all exhaustible property and equipment used by proprietary funds is charged as an expense against their respective operations. No interest costs were capitalized during the fiscal year. The City has elected not to depreciate the assets in the General Fixed Assets Account Group. Long -Term Liabilities - Liabilities for long-term debt are recognized as a liability of a governmental fund when due. For other long-term obligations, only the portion expected to be financed from expendable available financial resources is reported as a fund liability of a governmental fund. The remaining portion of the obligation is reported in the General Long -Term Debt Account Group. Long-term liabilities expected to be financed from proprietary fund operations are accounted for in those funds. Fund Equity - Reservations of fund balances of governmental funds and retained earnings of proprietary funds are created to either satisfy legal covenants, including state laws, that require a portion of the fund balance be segregated or identify the portion of the fund balance not available for future expenditures. Compensated Absences - City employees have vested interests in varying levels of vacation, sick leave and compensatory time based on their length of employment. It is the policy of the City to pay all accumulated vacation pay and a portion of sick pay when an employee retires or terminates. The liabilities for compensated absences are recorded in the governmental fund types (current portion) and in the General Long -Term Debt Account Group (long-term portion). The liabilities for compensated absences of proprietary funds are recorded in those funds when incurred. Property Taxes - Property taxes attach as an enforceable lien on property as of July 1 each year. Taxes are levied on March 1 and are payable in two installments : December 10 and April 10 of each year. The County of Los Angeles, California (the County) bills and collects the property taxes and remits them to the City according to a payment schedule established by the County. City property tax revenues are recognized when received in cash except at year-end when they are accrued pursuant to the modified accrual basis of accounting. The City recognizes as revenues at June 30 available taxes or those collected within 60 days. The County is permitted by State law to levy taxes at 1% of full market value (at time of purchase) and can increase the property tax rate no more then 2% per year. The City receives a share of this basic levy proportionate to what it received during the years 1976 to 1978. 19 City of Hermosa Beach Notes to General Purpose Financial Statements, Continued For the year ended June 30,1997 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, Continued Interfund Transactions - Quasi -external transactions are accounted for as revenues, expenditures (governmental fund types), or expenses (proprietary fund types). Transactions that constitute reimbursements to a fund for expenditures/expenses initially made from it that are properly applicable to another fund are recovered as a reduction in expenditures/ expenses in the user fund. All other interfund transactions are reported as operating transfers. Non-recurring or non -routine permanent transfers of equity are reported as residual equity transfers. Use of Estimates - The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect certain reported amounts and disclosures. Accordingly, actual results could differ from those estimates. "Totals (Memorandum Only)" Columns - Columns of the accompanying general purpose financial statements captioned "Total (memorandum only)" do not present consolidated financial information and are presented only to facilitate financial analysis. The data in these columns do not present financial position, results of operations, cash flows in conformity with generally accepted accounting principles. Interfund eliminations have not been made in the aggregation of this data. Reclassifications - Certain reclassifications have been made to prior year financial data in order to conform to the current year presentation. 2. CASH AND INVESTMENTS The City pools its cash and investments of all funds with the City Treasurer for investing, except for certain restricted funds which are held and invested by independent outside custodians through contractual agreements. These restricted funds include cash held by trustee and deferred compensation plan deposits. The investments made by the City Treasurer are limited to those allowable under State statutes as incorporated into the City's Investment Policy that is more conservative than that allowed by State statute. The City's Investment Policy allows investing in U.S. Treasury obligations, obligations of state and local agencies, investment funds of state and local agencies, certificates of deposit, medium-term notes, and Banker's acceptances. The City's investments with LAIF at June 30, 1997 include a small portion of the pool funds invested in Structured Notes and Asset -Backed Securities. These investments may include the following : 20 City of Hermosa Beach Notes to General Purpose Financial Statements, Continued For the year ended June 30,1997 2. CASH AND INVESTMENTS, Continued • Structured Notes are debt securities (other than asset-backed securities) whose cash-flow characteristics (coupon rate, redemption amount, or state maturity) depend upon one or more indices and/or that have embedded forwards or options. • Asset -Backed Securities, the bulk of which are mortgage-backed securities, entitle their purchasers to receive a share of the cash flows from a pool of assets such as principal and interest repayments from a pool of mortgages (such as CMOs) or credit card receivables. As of June 30, 1997, the City had $5,944,191 invested in LAIF which had invested 4.23% of the pool investments funds in Structured Notes and Asset -Backed Securities. The City's Cash and Investments, as of June 30, 1997, are detailed below. Cash Deposits $ 343,973 Investments 11,934,636 Total Cash and Investments $ 12,278,609 Cash Deposits At June 30, 1997, the carrying amount of the City's deposits was $343,973 and the bank balances were S496,883. Of the bank balance, $496,883 was covered by federal depository insurance or by collateral held by the City's agent in the City's name. The California Government Code requires California financial institutions to secure a City's deposits by pledging government securities as collateral. The market value of pledged securities must equal at least 110% of the City's deposits. The City's deposits at year-end are categorized below to give an indication of the level of credit risk assumed by the City. Category 1- Deposits which are insured by the FDIC. Category 2 - Deposits which are collateralized. The California Government Code requires California banks and savings and loan associations to secure a City's deposits by pledging government securities with a value of 110% of a City's deposits, or by pledging first trust deed mortgage notes having a value of 150% of a City's total deposits. 21 City of Hermosa Beach Notes to General Purpose Financial Statements, Continued For the year ended June 30,1997 2. CASH AND INVESTMENTS, Continued Category 3 - Deposits which are uninsured or uncollateralized. At June 30, 1997, the City's pooled cash, including restricted funds, classified by risk category consisted of the following : Category 1 Carrying Market Amount Value Cash Deposits: Demand Accounts $ 343,973 $ 343,973 $ 343,973 Investments The City's investments at year-end are categorized below to give an indication of the level of credit risk assumed by the City. Category 1 - Insured or registered, or securities held by the City or its agent in the City's name. Category 2 - Uninsured and unregistered, with securities held by the counterparty's trust department or agent in the City's name. Category 3 - Uninsured and unregistered securities held by the counterparty, or by its trust department or agent but not in the City's name. Uncategorized - Certain investments are not subject to categorization under GASB Statement No. 3 and are identified as "uncategorized". At June 30, 1997, the City's pooled investments, including restricted funds, classified by risk category consisted of the following : Carrying Market Category 1 Uncategorized Amount Value Investments: U.S. Treasury Notes $ 3,494,416 Local Agency Investment Fund U.S. Government Notes 996,295 State Tax -Exempt 1,499,734 $ 5,944,191 $ 3,494,416 $ 3,496,560 5,944,191 5,944,191 996,295 997,055 1,499,734 1,497,180 Total Investments $ 5,990,445 $ 5,944,191 $ 11,934,636 $ 11,934,986 Investment for Deferred Compensation Plan $ 2,740,799 $ 2,740,799 $ 2,740,799 22 City of Hermosa Beach Notes to General Purpose Financial Statements, Continued For the year ended June 30,1997 2. CASH AND INVESTMENTS, Continued Cash and investments grouped by maturity date as of June 30, 1997 are shown below: Maturity Current to one year $ 8,788,536 One to two years 3,490,073 Total $ 12,278,609 3. LEASE RECEIVABLES AND INTERFUND RECEIVABLE AND PAYABLES Lease Receivables The City leases a portion of the Hermosa Beach Community Center to civic and cultural organizations. These leases are accounted for as operating leases by the City. The future minimum rental receivables under these noncancelable operating leases are as follows : Years Ending June 30, 1998 1999 $ 51,958 856 $ 52,814 Lease income for fiscal year 1997 was $343,417, with $97,013 reflected in the General Fund and $246,404 in the Downtown Enhancement Fund, an Enterprise Fund. Interfund Receivable and Payables The composition of interfund balances as of June 30, 1997 is as follows: Due to/from other funds - All Special Revenue Funds Receivable Fund Payable Fund Amount Prop A Open Space Sewer $ 395,200 CDBG Sewer 5,013 Grants Sewer 130,327 Traffic Saftey Officer Grant Sewer 5,195 Crossing Guard District Sewer 54 $ 535,789 23 City of Hermosa Beach Notes to General Purpose Financial Statements, Continued For the year ended June 30, 1997 4. PROPERTY AND EQUIPMENT Property and equipment of the Proprietary Type Funds at June 30, 1997, consisted of the following: Land Buildings Improvements Machinery and equipment Vehicles Construction in progress Less accumulated depreciation Enterprise Funds Downtown Enhancement Parking Fund Fund Total $ 281,429 $ 1,288,436 43,251 91,473 8,827 12,806 $ 1,569,865 43,251 91,473 21,633 Internal Service Fund Equipment Replacement Fund $ 1,678,344 93,000 290,256 1,435,966 1,726,277 1,771,344 (8,589) (127,352) (135,941) (848,341) $ 281,667 $ 1,308,614 $ 1,590,281 $ 923,003 Depreciation expense of the Proprietary Type Funds was $261,105 for 1997. During the fiscal year 1996 - 1997, the City changed its fixed asset capitalization policy to $1,000 from $0. This change resulted in an immaterial write-off of certain fixed assets in the following Enterprise Funds: Downtown Enhancement Fund $ 430 Parking Fund 25,652 Total $ 26,082 Activity in the General Fixed Assets Account Group for the year ended June 30, 1997, was as follows Land Buildings and improvements Improvements other than buildings Machinery and equipment Vehicles Construction in progress Balance July 1, 1996 $ 16,243,218 1,637,237 2,242,354 2,101,264 1,398,522 Balance Additions Deletions June 30, 1997 $ 1,501,583 377,964 $ (508,992) 20,409 (1,398,522) 136,840 $ 17,744,801 1,637,237 2,242,354 1,970,236 20,409 136,840 $ 23,622,595 $ 2,036,796 $ (1,907,514) $ 23,751,877 24 City of Hermosa Beach Notes to General Purpose Financial Statements, Continued For the year ended June 30, 1997 5. GENERAL LONG TERM DEBT ACCOUNT GROUP Activity in the General Long -Term Debt Account Group for the year ended June 30, 1997, was as follows : Balance Balance July 1, 1997 Additions Payments June 30, 1997 Capital Lease Obligation $ 23,764 Compensated absences 632,070 $ (8,680) $ 15,084 (39,906) 592,164 Balance - June 30, 1997 $ 655,834 $ - $ (48,586) $ 607,248 Capital Lease Obligation The City has entered into a long-term equipment capital lease which is accounted for in its General Long -Term Debt Account Group. The following is a schedule of future minimum lease payments by the General Fund under this capital lease : Years Ending June 30, Principal Interest Total Compensated absences 1998 $ 9,327 $ 783 $ 10,110 1999 5,757 139 5,896 15,084 $ 922 $ 16,006 Compensated absences to be paid by the General and Special Revenue Funds amounted to $592,164 at June 30, 1997 and there is no fixed payment schedule. 25 City of Hermosa Beach Notes to General Purpose Financial Statements, Continued For the year ended June 30, 1997 6. PRIOR YEAR DEFEASED OBLIGATIONS Certificates of Participation (UUT Fund) On September 13, 1995, the City entered into an agreement to cause the defeasance of the portion of Certificates of Participation representing lease payments to be made by the City. On October 4, 1995, the City deposited $3,107,247, including cash held by the trustee of $500,000, to defease $5,000,000 of Certificates of Participation issued on September 1, 1989, to purchase 19.5 acres of railroad right-of-way property. Funds were provided by a voter - approved 4% Utility User Tax and $2,400,000 in County of Los Angeles Proposition A Funds enacted by voters for the purpose of improving parks and recreational facilities. There is no deferred amount on the defeasance that would require amortization. At June 30,1997, $2,570,000 of bonds outstanding are considered defeased. 7. FUND EQUITY Fund Reserves and Designations Fund balances and retained earnings at June 30, 1997, have been reserved or designated for the following purposes : General Special Enterprise Internal Fund Revenue Funds Funds Service Funds Reserved for: Bike paths $ 10,608 Strand walkways 48,642 Downtown improvements $ 39,795 In -Lieu parking 105,000 Capital outlay 9,592 Parking facility 5,254 Designated for: Trash containers $ 8,400 Internet access 18,475 Affordable housing 111,831 Contingencies 1,564,296 Unreserved, undesignated Total 1,703,002 59,250 159,641 548,549 5,949,795 2,294,408 $ 736,284 $ 2,251,551 $ 6,009,045 $ 2,454,049 $ 736,284 26 City of Hermosa Beach Notes to General Purpose Financial Statements, Continued For the year ended June 30,1997 8. EXCESS OF EXPENSES OVER APPROPRIATIONS For the year ended June 30, 1997, expenditures exceeded budget in the Internal Service Fund, Insurance Fund, by $222,377 because of an increase in estimate of incurred but not reported (IBNR) claims during the period. For the year ended June 30, 1997, expenditures exceeded budget in the Internal Service Fund, Equipment Replacement Fund, by $155,430. 9. CONTRIBUTED CAPITAL Contributed capital changed for the year ended June 30,1997, by the following amounts : July 1, 1996 Additions Deletions June 30, 1997 Enterprise Fund : Parking Fund Internal Service Funds : Insurance Fund Equipment Replacement Fund Total 10. RISK MANAGEMENT $ 22,250 159,165 836,561 $ 804,360 $ 1,017,976 $ 804,360 $ 22,250 159,165 1,640,921 $ - $ 1,822,336 The City maintains an internal service fund to account for the City's general liability and workers' compensation claims, automobile, property, unemployment, and Medicare insurance. The City is self-insured for individual workers' compensation claims up to $300,000 and for each general liability claims up to $250,000. The City is insured above the self-insured retention for general liability insurance coverage, up to a maximum of $10,000,000 per occurrence, as a member of the Independent Cities Risk Management Authority (ICRMA). Settled claims have not exceeded this coverage in any of the past four years. 27 City of Hermosa Beach Notes to General Purpose Financial Statements, Continued For the year ended June 30,1997 10. RISK MANAGEMENT, Continued ICRMA is a joint exercise of powers authority organized and operating pursuant to the California Government Code. ICRMA was formed in 1980 pursuant to joint exercise of power agreements for insurance and risk management purposes, which, as amended, enable ICRMA to provide programs of risk sharing, insurance and risk management services in connection with liability, property, and workers' compensation claims and to assist members in establishing financial reserves through the sale of Certificates of Participation. In January 1987, Certificates of Participation in an aggregate principal amount of $30,210,000 were sold by ICRMA to fund the joint self-insurance programs. Under the coverage agreement, member cities are assessed annual premiums based on an actuarially determined amount. Principal and interest due with respect to the certificates will be repaid from the premiums assessed. The participation percentage that the City has in ICRMA is as follows : 2.79% for losses occurring July 1, 1996 to July 1,1997 2.69% for losses occurring July 1, 1995 to July 1, 1996 2.89% for losses occurring July 1, 1994 to July 1, 1995 2.99% for losses occurring July 1, 1993 to July 1, 1994 3.64% for losses occurring July 1,1992 to July 1,1993 4.53% for losses occurring July 1, 1991 to July 1, 1992 3.71% for losses occurring July 1, 1990 to July 1, 1991 3.95% for losses occurring prior to that date The City's payments to ICRMA in the amount of $161,860 for the fiscal year 1996-1997 are in accordance with formulas established by ICRMA. The City is liable for possible subsequent assessments and withdrawal costs under terms of the membership agreement. The City has entered into contracts with service agents who supervise and administer the City's general liability and workers' compensation insurance program. Claim loss estimates are determined by the service agent based on the nature of an individual claim. The loss estimates includes amounts for future compensation, medical, legal and administrative fees. The City also includes in loss estimates claims Incurred But Not Reported using an IBNR factor which is developed utilizing historical claims data. Reimbursement requests are submitted to the City on a monthly basis as claims are paid. 28 City of Hermosa Beach Notes to General Purpose Financial Statements, Continued For the year ended June 30, 1997 10. RISK MANAGEMENT, Continued The workers' compensation and general liability claims payable of $2,427,148 reported at June 30, 1997, are based on the requirements of Governmental Accounting Standards Board Statement No. 10, which requires that a liability for claims be reported if information prior to the issuance of the financial statements indicates that it is probable that a liability has been incurred at the date of the financial statements and the amount of the loss can be reasonably estimated. Changes in the Fund's claims liability amounts were as follows : Workers' Compensation 1992-1993 1993-1994 1994-1995 1995-1996 1996-1997 General Liability 1992-1993 1993-1994 1994-1995 1995-1996 1996-1997 Beginning of Year Liability $ 727,397 801,982 1,021,704 1,479,684 1,468,746 Current Year Claims and Changes in Estimates Claim Payments $ 403,610 $ 528,122 993,688 524,798 664,831 $ 754,226 $ 554,810 677,296 942,665 866,974 (62,737) 380,853 502,525 145,434 309,868 (329,025) (308,400) (535,708) (535,736) (578,455) $ (136,679) (258,367) (237,156) (221,125) (304,816) End of Year Liability $ 801,982 1,021,704 1,479,684 1,468,746 1,555,122 $ 554,810 677,296 942,665 866,974 872,026 The following is a summary of the unaudited financial information of the Authority as of and for the year ended June 30, 1997 : Total assets Total liabilities Members equity Total revenues Total expenses Operating income $ 48,209,230 $ 34,368,041 $ 13,841,189 $ 12,483,567 $ 9,659,350 $ 2,824,217 Detailed financial information may be obtained from the ICRMA. 29 City of Hermosa Beach Notes to General Purpose Financial Statements, Continued For the year ended June 30,1997 11. INTERFUND TRANSACTIONS Operating Transfers In and Transfers Out A reconciliation of operating transfers is detailed below : Operating Operating Tranfers Tranfers In Out General Fund $ 1,423,116 $ (2,009,832) Special Revenue Funds 1,296,691 (472,876) Enterprise Funds 788 (1,000,746) Internal Service Funds 762,859 - Total $ 3,483,454 $ (3,483,454) Residual Equity Transfer During the year ended June 30, 1997, the City's Parking Fund (Enterprise Fund) transferred to the City's Equipment Replacement Fund (Internal Service Fund) equipment with remaining equity of $60,936. The Equipment Replacement Fund has recorded this transfer as contributed capital. 12. DEFERRED COMPENSATION PLANS The City now offers its employees three deferred compensation plans (the Plans) created in accordance with Internal Revenue Code Section 457. The additional plan was made available during fiscal year 1995-96. The Plans permit all eligible employees to execute an individual agreement with the City for amounts earned by them, to be paid at a future date when certain circumstances are met. These circumstances include termination by reason of retirement, death, disability or other events as provided for in the Plans. Employees may contribute up to 25% of their annual compensation, not to exceed $7,500 in any year, into the deferred compensation plan. All amounts of compensation deferred under this Plan, all property and rights purchased with those amounts, and all income attributable to those amounts, are (until paid or available to the employee or other beneficiary) solely the property and rights of the City (without being restricted to the provisions of benefits under the Plan), subject only to the claims of the City's general creditors. Participants' rights under the Plans are equal to the fair value of the deferred account for each participant. At June 30, 1997, the City's deferred compensation plans accumulated assets were at market value, including investments earnings, and are reported in the Agency Fund in the amount of $2,740,799. 30 City of Hermosa Beach Notes to General Purpose Financial Statements, Continued For the year ended June 30, 1997 12. DEFERRED COMPENSATION PLANS, Continued It is the opinion of City management that the City has no liability for losses under the Plans, but has the duty of due care that would be required of any ordinary prudent investor. The City believes that it is unlikely it will use the assets of the deferred compensation plan to satisfy the claims of general creditors in the future. 13. PUBLIC EMPLOYEE RETIREMENT SYSTEM Plan Description The City contributes to the California Public Employees' Retirement System (PERS), an agent multiple -employer public employee retirement system that acts as a common investment and administrative agent for participating public entities within the State of California. The City's payroll for employees covered by the PERS for the year ended June 30, 1997 was $6,745,809 compared with a total payroll of $8,781,575. All full-time City employees are eligible to participate in the PERS. Benefits vest after five years of service. Public safety and other employees who retire at or after age 50 and 60, respectively, with five years of credited service, are entitled to an annual retirement benefit, payable monthly for life, in an amount equal to 2% of their average salary during their last year of employment for each year of credited service. PERS also provides death and disability benefits. These benefits provisions and all other requirements are established by contract with PERS. City employees are required to contribute to the PERS on the basis of 9.0% of PERS reportable salary for public safety employees and 7.0% for all other employees; however, the City, on behalf of the employees, makes this contribution. The City is required to contribute the remaining amounts to fund PERS, using the actuarial basis recommended by the PERS actuaries and actuarial consultants and adopted by the Board of Administration, with the contribution rate at June 30, 1997, for police safety employees at 15.959%; fire safety employees at 11.619%; and, other employees at 5.076%. These benefit provisions and contributed obligations are established under the contract with PERS. Membership data on number of total participants in the Plan is currently not available. 31 City of Hermosa Beach Notes to General Purpose Financial Statements, Continued For the year ended June 30,1997 13. PUBLIC EMPLOYEE RETIREMENT SYSTEM, Continued Funding Status and Progress The amount shown below as the "pension benefit obligation" is a standardized disclosure measure of the present value of pension benefits, adjusted for the effects of projected salary increases and step -rate benefits, estimated to be payable in the future as a result of employee service to date. The measure is intended to help users assess the funding status of PERS on a going -concern basis, assess progress made in accumulating sufficient assets to pay benefits when due, and make comparisons among employers. The measure is the actuarial present value of credited projected benefits and is independent of the funding methods used to determine contributions to the PERS. The pension benefit obligation was computed as part of an actuarial as of June 30, 1996 (date of most recent actuarial valuation). assumptions used in the valuation include (a) a compounded annual investment of present and future assets of 8.5% and (b) projected salary increases of 4.5%, attributable to inflation. The net assets in excess of pension benefit obligation applicable to was $4,205,310 at June 30, 1996 and is as follows: Pension benefit obligation: Retirees and beneficiaries currently receiving benefits and terminated employees not yet receiving benefits Current employees: Accumulated employee contributions including allocated investment earnings Employer -financed vested Employer -financed non -vested valuation performed Significant actuarial rate of return on the compounded annual the City's employees $ 17,985,069 7,757,499 7,459,568 255,411 Total pension benefit obligation 33,457,547 Net assets available for benefits, at actuarial value (market value = $40,446,142) 37,662,857 Net assets in excess of pension benefit obligation $ 4,205,310 Changes in benefit provisions and actuarial methods and assumptions None 32 City of Hermosa Beach Notes to General Purpose Financial Statements, Continued For the year ended June 30, 1997 13. PUBLIC EMPLOYEE RETIREMENT SYSTEM, Continued Actuarially Determined Contribution Requirements and Contributions Made PERS uses a modification of the Entry Age Normal Actuarial Cost Method, which is a projected benefit cost method that takes into account those benefits that are expected to be earned in the future as well as those already accrued. Under this method, the normal cost for an employee is the level amount which would fund the projected benefit if it were paid annually from the date of employment until retirement. PERS uses a modification of the Entry Age Cost Method in which the employer's total normal cost is expressed as a level percentage of payroll. PERS also uses the level percentage of payroll method to amortize any unfunded actuarial liabilities over a period which expires in the year 2011. The significant actuarial assumptions used to compute the actuarially determined contribution requirement are the same as those used to compute the pension benefit obligation and the actuarially accrued liability as previously described. The total employer contribution to PERS for the fiscal year ended June 30, 1997, amounted to $654,162, which was entirely paid by the City. Contributions were reduced by $471,237 of surplus assets available in excess of funding requirements. The contribution was made in accordance with the actuarially determined requirements computed through an actuarial valuation performed as of July 1, 1995. The contribution consisted of $638,112 for normal cost (9.459% of current covered payroll) and $16,050 for amortization of the unfunded actuarial accrued liability (0.238% of current covered payroll). Trend Information Trend information gives an indication of the progress made in accumulating sufficient assets to pay benefits when due. Nine year historical trend information is presented as follows : Pension Unfunded Contribution Year Net Assets Benefit Available for Unfunded Annual (Overfunded) as a % of Ending Available for Obligation Benefits as a (Overfunded) Covered PBO as a % Employer Annual June 30 Benefits (1) (PBO) % of PBO PBO Payroll of Payroll Contribution Covered Payroll 1996 $ 37,662,857 $ 33,457,547 112.57% $ (4,205,310) $ 6,745,809 (62.34%) 1995 33,831,395 31,042,730 108.98% (2,788,665) 6,355,007 (43.88)% 1994 28,056,173 28,428,915 98.69% 372,742 6,047,849 6.16% 1993 26,378,630 26,467,174 99.67% 88,544 6,015,864 1.47% 1992 23,775,722 25,965,631 91.57% 2,189,909 6,589,133 33.24% 1991 21,496,517 23,422,116 91.78% 1,925,599 6,523,609 29.52% 1990 19,715,715 21,596,014 91.29% 1,880,299 6,226,990 30.20% 1989 17,590,626 19,287,551 91.20% 1,696,925 5,756,456 29.48% 1988 5,287,585 17,562,971 87.04% 2,275,386 5,069,070 44.89% (1) At cost through 1993 and at actuarial value since 1994. 33 $ 654,162 9.70% 628,315 9.89% 588,717 9.73% 727,844 12..10% 752,487 11.42% 793,147 12.16% 698,860 11.22% 683,262 11.87% 607,200 11.98% City of Hermosa Beach Notes to General Purpose Financial Statements, Continued For the year ended June 30,1997 13. PUBLIC EMPLOYEE RETIREMENT SYSTEM, Continued Other Post -Employment Benefits In addition to the pension benefits described above, the City provides post -employment health care benefits, in accordance with negotiated Memoranda of Understanding, for employees represented by the Management Association and General, Supervisory or Administrative Bargaining Units represented by the California Teamsters Public, Professional and Medical Employees' Union. Eligible employees are service retirees, age 55 or over, with a minimum of ten years continuous service with the City. Employees who retired from 9-1-88 through 8-31-91 were provided 1) $40 per month (or cost of policy, whichever is less) for a minimum of ten years continuous service with the City, or 2) $60 (or the cost of policy, whichever is less) for a minimum of twenty years continuous service, payable to the medical insurance provider. :From 9-1-91 to date amounts are $60 and $80 respectively. Estimated benefits payable are budgeted each fiscal year. For fiscal year 1996-1997, six retirees received benefits at a total cost of $4,320. 14. SEGMENT INFORMATION FOR ENTERPRISE FUNDS The City maintains four Enterprise Funds which provide parking and transit services. Segment information for the year ended June 30, 1997, is as follows : Operating revenue Depreciation Operating income (loss) Interest earned on investments Operating transfers in Operating transfers out Net income (loss) Current contributed capital Net working capital Total assets Total equity Downtown Enhancement Fund $ 266,170 6 (636,318) 36,537 (5,707) (605,918) 371,755 760,408 653,422 Parking Fund $ 1,992,606 599 977,335 14,356 583 (994,834) (28,212) 22,250 14,822 1,452,986 1,323,436 34 Prop "A" Transit Fund Prop "C" Total Transit Enterprise Fund Fund $ 234,496 $ 162,431 $ 2,655,703 605 13,131 162,097 516,245 5,877 23,067 79,837 205 788 (205) (1,000,746) 18,803 185,369 (429,958) 22,250 80,688 418,753 886,018 140,040 418,753 2,772,187 80,688 418,753 2,476,299 City of Hermosa Beach Notes to General Purpose Financial Statements, Continued For the year ended June 30, 1997 15. COMMITMENTS AND CONTINGENCIES Commitments - In 1983, the Parking Authority issued $6,400,000 of 1983 Series Floating Rate Monthly Demand Certificates of Participation. The proceeds of the Certificates of Participation (COPs) were used for payment and/or reimbursement of costs incurred by a private partnership for construction of the parking facilities (The Project). Concurrently with the issuance of the COPs, the Parking Authority purchased the Project under an Installment Purchase Agreement (IPA) and simultaneously resold it to the partnership under an Installment Sales Agreement (ISA). No gain or loss was recognized on the sale and repurchase. The COPs represent proportionate interests in the ISA, are collateralized by a deed of trust on the Project, and are an obligation of the partnership. The COPs and associated transactions are not reflected in the accompanying general purpose financial statements as neither the faith and credit, nor the taxing authority of the Parking Authority or the City are pledged or obligated in any manner to repay the COPs. Contingencies - The City is a defendant in a number of lawsuits which have arisen in the normal course of business. While substantial damages are alleged in some of these actions, their outcome cannot be predicted with certainty. In the opinion of the City Attorney, these actions when finally adjudicated will not have material adverse effect on the financial position of the City. Proposition 62 On September 28, 1995, the California Supreme Court reversed a Court of Appeals decision which reinstated provisions of Proposition 62 which was a 1986 voter initiative that required all general taxes to be approved by simple majority vote of the electorate. The Supreme Court provided very little detail on a number of important issues surrounding their decision, including, the effective date of the decision, whether the decision would be retroactive, and whether existing taxes would have to be put to a vote for them to remain valid. The decision may have some minimal impact on transient occupancy taxes. Proposition 218 On November 5, 1996, Proposition 218, would restrict local governments' ability to charge property -related fees and assessments was passed by the electorate. The City's Lighting and Landscaping District will be affected by the proposition. The financial impact to the City is currently being studied. 35 Combining, Individual Fund, & Account Group Statements. NM 1 I 1 1 E EN NM M MN A IIMI N 1 M GENERAL FUND The General Fund accounts for all revenues and expenditures used to finance the traditional services associated with a municipal government which are not accounted for in the other funds. In Hermosa Beach, these services include general government safety, community development, culture and recreation, public works, and sanitation. 36 City of Hermosa Beach Comparative Balance Sheets - General Fund June 30, 1997 and 1996 1997 1996 ASSETS Cash and investments $ 2,753,987 $ 2,966,181 Interest receivable on investments 64,934 62,156 Other receivables 553,720 450,215 Property taxes receivable 575,010 588,698 Inventory and other assets 111,186 14,267 TOTAL ASSETS LIABILITIES AND FUND EQUITY $ 4,058,837 $ 4,081,517 LIABILITIES : Accounts payable $ 243,959 $ 402,446 Accrued wages and compensated absences 750,636 757,728 Refundable deposits 78,926 106,213 Deferred revenue 722,403 648,543 Other liabilities 11,362 8,917 TOTAL LIABILITIES FUND EQUITY : Fund balance Unreserved, designated for 1,807,286 1,923,847 Trash containers 8,400 Internet access 18,475 Affordable housing 111,831 111,831 Contingencies 1,564,296 1,564,296 Lot swap proceeds - 59,664 Unreserved, undesignated 548,549 421,879 TOTAL FUND EQUITY 2,251,551 2,157,670 TOTAL LIABILITIES AND FUND EQUITY $ 4,058,837 $ 4,081,517 37 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 City of Hermosa Beach Comparative Statements of Revenues, Expenditures and Changes in Fund Balances - General Fund For the years ended June 30,1997 and 1996 1997 1996 REVENUES: Property taxes $ 3,145,507 $ 3,253,847 Other taxes 5,120,652 4,925,395 Licenses and permits 275,424 183,533 Fines and forfeitures 129,589 110,010 Use of money and property 285,408 316,004 Intergovernmental 877,826 781,398 Charges for services 658,681 536,045 Miscellaneous 642,000 246,995 Interest earned on investments 196,041 162,573 TOTAL REVENUES 11,331,128 10,515,800 EXPENDITURES : Current : Legislative and legal 572,443 541,555 General government 888,347 824,811 Public safety 6,724,578 6,285,117 Community development 699,250 490,673 Culture and recreation 497,993 475,734 Public works 1,253,261 1,368,393 Capital outlay 3,507 6,708 Debt service: Principal 9,722 Interest 1,430 TOTAL EXPENDITURES EXCESS OF REVENUES OVER (UNDER) EXPENDITURES OTHER FINANCING SOURCES (USES) : Operating transfers in Operating transfers out TOTAL OTHER FINANCING SOURCES EXCESS OF REVENUES AND OTHER FINANCING SOURCES OVER EXPENDITURES AND OTHER FINANCING (USES) 10,650,531 9,992,991 680,597 522,809 1,423,116 1,688,476 (2,009,832) (1,837,766) (586,716) (149,290) 93,881 373,519 FUND BALANCES : Beginning of year 2,157,670 1,784,151 End of year $ 2,251,551 $ 2,157,670 38 SPECIAL REVENUE FUNDS Special Revenue Funds are used to account for revenues derived from the specific taxes or other earmarked revenue sources. They are usually required by statute, charter provision, local ordinance, of Federal grant regulation to record particular operating or capital functions of the City. Special Revenue Funds of the City are outlined below : Lighting and Landscaping District Fund - This fund is used to account for the Lighting Assessment District, which was created for street lighting purposes pursuant to Street and Highway Code 22500-22679. State Gas Tax Fund - This fund is used to account for the City's share of state gasoline tax, which is restricted for use on public streets. Restricted Transportation Development Act funds from Los Angeles County Transportation Commission for the Strand Walkway Project and Bicycle Path Project are also accounted for in this fund. AB 939 Fund - This fund is used to account for the fees collected in connection with solid waste collection. The fees are used to implement a Source Reduction and Recycling Element and a Household Waste Element. Compensated Absences Fund - This fund is used to account for funds set aside to provide for liabilities associated with vacation time, sick time, etc. accumulated by employees. County Gas Tax Fund - This fund is used to account for County Aid to City's funds for use on eligible streets of general countywide interest. Prop A Open Space Fund - Funds generated by passage of the L.A. County Safe Neighborhood Parks Bond Act by county voters for the purpose of improving parks and recreational facilities. Parks and Recreation Facilities Fund - This fund is used to account for revenue from subdivision fees and park or recreation facility tax fees on new dwellings. Generally, the funds are to be used for acquisition, improvements and expansion of park or recreational facilities. Utility User Tax Railroad Right/Way Fund - This fund is used to account for 4% of the 10% utility users tax which is pledged for lease payments relating to certificates of participation for the purchase of open space enforcement. 6% Utility User Tax Fund - This fund is used to account for 6% of the 10% utility users tax which is used for sewer maintenance/construction, foot patrol and code enforcement. 39 Community Development Block Grant Fund - This fund is used to account for funds received for participation in the federal block grant program. Projects must be approved by the County CDBG Commission. Grants Fund - This fund is used to account for State and Federal grants for specific projects. Office of Traffic Safety Grant Fund - This'fund is used to account for funds received from the State Office of Traffic Safety to be used for specific traffic related projects. Air Quality Improvement Fund - This fund is used to account for funds distributed by the South Coast Air Quality Management District. The revenues are restricted to programs which promote reduction in air pollution from motor vehicles. Supplemental Law Enforcement Services Fund (COPS) - This fund is used to account for funds received from the Citizens Option for Public Safety (COPS) program, established by the State Legislative in fiscal year 1996-1997. Funds must be used for front line municipal police services and must supplement and not supplant existing funding. Crossing Guard District Fund - The fund is used to account for the funds of the assessment district, which was created pursuant to Government Code 55530-70 for provision of crossing guards. Sewer Fund - This fund is used to account for funds derived from a portion of the 6% utility user tax and miscellaneous services charges. Funds are spent on the Sewer/Storm Drain and capital sewer projects. Asset Seizure and Forfeiture Fund - This fund is used to account for property seized as a result of illegal activity and forfeited to the Police Department. Funds must be used for law enforcement purposes to supplement, not replace or decrease, existing appropriations. Budgeted amounts are currently funding narcotics enforcement activities. Fire Protection Fund - This fund is used to account for fire flow fees which are used to upgrade and enhance the fire flow capabilities of the fire protection system. 40 City of Hermosa Beach Combining Balance Sheet - All Special Revenue Funds June 30,1997 (With comparative totals for June 30, 1996) ASSETS Cash and investments Reimbursable grants receivable Interest receivable on investments Other receivables Property tax receivable Deposits Lighting and Compensated Landscaping State AB 939 Absences County District Gas Tax Fund Fund Gas Tax $ 773,952 $ 58,156 $ 123,540 $ 573,550 $ 74,308 14,897 1,094 2,378 44,380 25,814 30,163 1,430 TOTAL ASSETS $ 863,392 $ 59,250 $ 151,732 $ 573,550 $ 75,738 LIABILITIES AND FUND EQUITY LIABILITIES : Accounts payable $ 143,730 $ 698 $ 98 Accrued wages and compensated absences 18,206 1,451 Due to other funds Deferred revenue 30,163 TOTAL LIABILITIES 192,099 2,149 - 98 FUND EQUITY : Fund balances : Reserved : Bike paths $ 10,608 Strand walkways 48,642 Unreserved, designated : Sewer contingencies Parcel B purchase Unreserved, undesignated 671,293 TOTAL FUND EQUITY 149,583 $ 573,550 75,640 671,293 59,250 149,583 573,550 75,640 TOTAL LIABILITIES AND FUND EQUITY $ 863,392 $ 59,250 $ 151,732 $ 573,550 $ 75,738 41 1 1 1 Continued Prop A Parks and Open Recreation Space Facilities 1 $ 429,934 $ 149,897 1 1 1 1 1 $ 84,425 1 1 479,625 405 143,991 2,585 Utility User Tax Railroad Right /Way $ 1,499,263 28,857 $ 573,925 $ 152,482 $ 1,528,120 395,200 $ 405 $ 43,464 1 1 1 1 1 1 1 94,300 94,300 152,077 152,077 129 43,593 1,484,527 1,484,527 Building Improvement $ 149,285 2,873 Community Development Block Grant Fund $ 10,424 $ 152,158 $ Traffic Safety Grants Officer Grant $ 286,837 $ 5,195 Air Quality Improvement $ 15,162 292 4,840 10,424 $ 286,837 $ 5,195 $ 20,294 $ 1,730 $ 1,730 150,428 150,428 5,410 5,013 $ 130,327 $ 5,195 10,423 1 1 130,327 156,510 156,510 5,195 $ (6) (6) 20,300 20,300 $ 573,925 $ 152,482 $ 1,528,120 $ 152,158 $ 10,424 $ 286,837 $ 5,195 $ 20,294 42 City of Hermosa Beach Combining Balance Sheet - All Special Revenue Funds June 30, 1997 (With comparative totals for June 30, 1996) Supplemental Crossing Law Guard Enforcement District ASSETS Cash and investments $ 5,465 Reimbursable grants receivable Interest receivable on investments 105 Other receivables $ 257 Property tax receivable 4,332 Due from other funds Deposits TOTAL ASSETS LIABILITIES AND FUND EQUITY Sewer Asset Seizure and Fire Forfeiture Protection $ 1,745,036 $ 199,278 $ 163,048 36,246 535,789 3,835 3,012 $ 5,570 $ 4,589 $ 2,317,071 $ 203,113 $ 166,060 LIABILITIES : Accounts payable $ 686 $ 196,392 $ 53,813 Accrued wages and compensated absences 19,540 Due to other funds $ 54 Deferred revenue 4,332 TOTAL LIABILITIES 686 4,386 215,932 53,813 FUND EQUITY : Fund balances : Reserved : Bike paths Strand walkways Designated : Sewer contingencies Parcel B purchase Unreserved, undesignated 4,884 203 2,101,139 149,300 $ 166,060 TOTAL FUND EQUITY 4,884 203 2,101,139 149,300 166,060 TOTAL LIABILITIES AND FUND EQUITY $ 5,570 $ 4,589 $ 2,317,071 $ 203,113 $ 166,060 43 1 1 Concluded 1 Totals 1 1997 1996 1 $ 5,959,874 $ 7,510,612 446,447 131,265 1 97,604 130,297 75,291 82,196 34,495 33,572 I 535,789 13,514 1 $ 7,149,500 $ 7,901,456 1 1 $ 530,851 $ 184,466 1 39,320 51,182 535,789 34,495 33,572 1 1,140,455 269,220 1 1 10,608 10,014 48,642 64,322 1 - 100,000 1,500,000 1 5,949,795 5,957,900 6,009,045 7,632,236 1 1 $ 7,149,500 $ 7,901,456 1 44 City of Hermosa Beach Combining Statement of Revenues, Expenditures and Changes in Fund Balances - All Special Revenue Funds For the year ended June 30, 1997 (With comparative totals for year ended June 30, 1996) REVENUES: Property taxes Other taxes Fines and forfeitures Intergovernmental Charges for services Miscellaneous Interest earned on investments TOTAL REVENUES Lighting and Compensated Landscaping State AB 939 Absences County District Gas Tax Fund Fund Gas Tax $ 588,456 $ 339,487 $ 62,104 550 53,086 3,628 7,481 642,092 343,115 69,585 EXPENDITURES : Current : General government Public safety Public works 553,073 Capital outlay 215,502 18,548 Debt service : Principal Interest TOTAL EXPENDITURES 29,332 $ 4,934 4,934 160 768,575 18,548 29,332 - 160 EXCESS OF REVENUES OVER (UNDER) EXPENDITURES (126,483) 324,567 40,253 - 4,774 OTHER FINANCING SOURCES (USES) : Operating transfers in Operating transfers out (43,993) (339,653) TOTAL OTHER FINANCING SOURCES (USES) $ 484,389 (43,993) (339,653) - 484,389 EXCESS OF REVENUES AND OTHER FINANCING SOURCES OVER (UNDER) EXPENDITURES AND OTHER FINANCING (USES) (170,476) (15,086) 40,253 484,389 4,774 FUND BALANCES : Beginning of year 841,769 74,336 109,330 89,161 70,866 End of year ` $ 671,293 $ 59,250 $ 149,583 $ 573,550 $ 75,640 45 1 1 Continued 1 1 1 1 1 1 1 1 Community Prop A Parks and Utility User Development Traffic Air Open Recreation Tax Railroad Building Block Safety Quality Space Facilities Right/ Way Improvement Grant Fund Grants Officer Grant Improvement 45,500 $ 98,172 45,819 51,772 6,826 $ 126,199 $ 10,277 $ 13,768 $ 315,309 $ 45,649 $ 19,567 1,269 143,991 104,098 126,199 10,277 13,768 315,309 45,649 20,836 45,649 113,051 599 1,656,621 8,440 13,767 312,648 938 1 1 1 1 1 1 1 113,051 599 1,656,621 8,440 13,767 312,648 45,649 938 30,940 103,499 (1,530,422) 1,837 1 2,661 19,898 (38,000) (38,000) 30,940 103,499 (1,530,422) 1,837 1 2,661 (18,102) 63,360 48,578 3,014,949 148,591 153,849 38,402 $ 94,300 $ 152,077 $ 1,484,527 $ 150,428 $ 1 $ 156,510 $ $ 20,300 46 City of Hermosa Beach Combining Statement of Revenues, Expenditures and Changes in Fund Balances - All Special Revenue Funds For the year ended June 30,1997 (With comparative totals for year ended June 30, 1996) Supplemental Crossing Law Guard Enforcement District Sewer REVENUES : Property taxes $ 1,334 Other taxes Fines and forfeitures Intergovernmental $ 7,968 Charges for services 35,164 Miscellaneous $ 43,470 (4,139) Interest earned on investments 1,616 4 168,258 Asset Seizure and Fire Forfeiture Protection $ 2,745 15,957 $ 66,358 9,815 TOTAL REVENUES 45,086 1,338 207,251 18,702 76,173 EXPENDITURES : Current : General government Public safety 40,202 (772) Public works 368,292 Capital outlay 1,076,324 182,904 Debt service : Principal Interest 131 TOTAL EXPENDITURES 40,202 (772) 1,444,616 182,904 131 EXCESS OF REVENUES OVER (UNDER) EXPENDITURES 4,884 2,110 (1,237,365) (164,202) 76,042 OTHER FINANCING SOURCES (USES) : Operating transfers in 73 800,000 12,229 Operating transfers out TOTAL OTHER FINANCING SOURCES (USES) EXCESS OF REVENUES AND OTHER FINANCING SOURCES OVER (UNDER) EXPENDITURES AND OTHER FINANCING (USES) (51,230) 73 800,000 12,229 (51,230) 4,884 2,183 (437,365) (151,973) 24,812 FUND BALANCES : Beginning of year (1,980) 2,538,504 301,273 141,248 End of year $ 4,884 $ 203 $ 2,101,139 $ 149,300 $ 166,060 47 1 1 Concluded 1 1 Totals 1997 1996 $ 589,790 $ 586,997 I 45,500 2,745 717,970 14,258 839,920 2,319,011 I 97,268 124,805 203,830 227,019 409,350 565,205 1 2,188,403 4,555,265 1 29,463 540 85,079 158,357 I 921,365 789,674 3,599,502 2,707,124 I - 2,618,834 511,745 4,635,409 6,786,274 I(2,447,006) (2,231,009) 1 1,296,691 3,721,714 (472,876) (3,262,499) 823,815 459,215 1 1 (1,623,191) (1,771,794) 7,632,236 9,404,030 1 $ 6,009,045 $ 7,632,236 1 1 48 City of Hermosa Beach Combining Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual - All Special Revenue Funds For the year ended June 30, 1997 REVENUES: Property taxes Other taxes Fines and forfeitures Intergovernmental Charges for services Miscellaneous Interest earned on investments TOTAL REVENUES Lighting and Landscaping District State Gas Tax Variance Variance Favorable Favorable Budget Actual (Unfavorable) Budget Actual (Unfavorable) $ 597,405 $ 588,456 $ (8,949) $ 348,644 $ 339,487 $ (9,157) 550 550 56,328 53,086 (3,242) 3,549 3,628 79 653,733 642,092 (11,641) 352,193 343,115 (9,078) EXPENDITURES : Current : General government Public safety Public works 655,331 553,073 102,258 Capital outlay 713,728 215,502 498,226 63,725 18,548 45,177 TOTAL EXPENDITURES 1,369,059 768,575 600,484 63,725 18,548 45,177 EXCESS OF REVENUES OVER (UNDER) EXPENDITURES (715,326) (126,483) 588,843 288,468 324,567 36,099 OTHER FINANCING SOURCES (USES) : Operating transfers in Operating transfers out (43,993) (43,993) (340,988) (339,653) 1,335 TOTAL OTHER FINANCING SOURCES (USES) (43,993) (43,993) (340,988) (339,653) 1,335 EXCESS OF REVENUES AND OTHER FINANCING SOURCES OVER (UNDER) EXPENDITURES AND OTHER FINANCING (USES) $ (759,319) (170,476) $ 588,843 $ (52,520) (15,086) $ 37,434 FUND BALANCES : Beginning of year 841,769 74,336 End of year $ 671,293 $ 59,250 49 1 1 Continued AB 939 Fund Compensated Absences Fund County Gas Tax Variance Variance Variance Favorable Favorable Favorable Budget Actual (Unfavorable) Budget Actual (Unfavorable) Budget Actual (Unfavorable) I I $ 28,720 $ $ (28,720) $ 56,667 $ 62,104 $ 5,437 1 5,279 7,481 2,202 4,042 4,934 892 61,946 69,585 7,639 32,762 4,934 (27,828) I 36,398 29,332 7,066 I 89,499 160 89,339 1 36,398 29,332 7,066 - 89,499 160 89,339 1 25,548 40,253 14,705 (56,737) 4,774 61,511 $ 484,413 $ 484,389 (24) I 1 - 484,413 484,389 (24) 1 25,548 40,253 $ 14,705 484,413 484,389 $ (24) $ (56,737) 4,774 $ 61,511 ' 109,330 89,161 70,866 $ 149,583 $ 573,550 $ 75,640 1 50 City of Hermosa Beach Combining Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual - All Special Revenue Funds For the year ended June 30, 1997 REVENUES: Property taxes Other taxes Fines and forfeitures Intergovernmental Charges for services Miscellaneous Interest earned on investments TOTAL REVENUES Prop A Open Space Parks and Recreation Facilities Variance Variance Favorable Favorable Budget Actual (Unfavorable) Budget Actual (Unfavorable) $ 3,490,242 $ 98,172 $ (3,392,070) $ 59,500 $ 45,500 $ (14,000) 45,819 $ 45,819 207,920 51,772 (156,148) 4,423 6,826 2,403 3,490,242 143,991 (3,346,251) 271,843 104,098 (167,745) EXPENDITURES : Current : General government Public safety Public works Capital outlay 3,868,278 113,051 3,755,227 27,765 599 27,166 TOTAL EXPENDITURES EXCESS OF REVENUES OVER (UNDER) EXPENDITURES OTHER FINANCING SOURCES (USES) : Operating transfers in Operating transfers out TOTAL OTHER FINANCING SOURCES (USES) EXCESS OF REVENUES AND OTHER FINANCING SOURCES OVER (UNDER) EXPENDITURES AND OTHER FINANCING (USES) FUND BALANCES : Beginning of year End of year 3,868,278 113,051 3,755,227 27,765 599 27,166 (378,036) 30,940 408,976 244,078 103,499 (140,579) $ (378,036) 30,940 $ 408,976 $ 244,078 103,499 $ (140,579) 63,360 48,578 $ 94,300 $ 152,077 51 1 1 1 1 $ 273,095 $ 13,768 $ (259,327) Continued Utility User Tax Railraod Right/Way Building Improvement CDBG Fund Variance Variance Variance Favorable Favorable Favorable Budget Actual (Unfavorable) Budget Actual (Unfavorable) Budget Actual (Unfavorable) 1 1 117,568 126,199 8,631 $ 9,507 $ 10,277 $ 770 117,568 126,199 8,631 9,507 10,277 770 273,095 13,768 (259,327) 2,912,380 1,656,621 1,255,759 156,300 8,440 147,860 273,095 13,767 259,328 2,912,380 1,656,621 1,255,759 156,300 8,440 147,860 273,095 13,767 259,328 (2,794,812) (1,530,422) 1,264,390 (146,793) 1,837 148,630 1 1 1 ' $ (2,794,812) (1,530,422) $ 1,264,390 $ (146,793) 1,837 $ 148,630 $ 1 $ 1 1 1 1 1 1 3,014,949 148,591 $ 1,484,527 $ 150,428 $ 1 52 City of Hermosa Beach Combining Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual - All Special Revenue Funds For the year ended June 30, 1997 Grants Traffic Safety Officer Grant Variance Variance Favorable Favorable Budget Actual (Unfavorable) Budget Actual (Unfavorable) REVENUES: Property taxes Other taxes Fines and forfeitures Intergovernmental $ 602,648 $ 315,309 $ (287,339) $ 49,359 $ 45,649 $ (3,710) Charges for services Miscellaneous Interest earned on investments TOTAL REVENUES 602,648 315,309 (287,339) 49,359 45,649 (3,710) EXPENDITURES : Current : General government Public safety 49,359 45,649 3,710 Public works Capital outlay 602,648 312,648 290,000 TOTAL EXPENDITURES EXCESS OF REVENUES OVER (UNDER) EXPENDITURES OTHER FINANCING SOURCES (USES) : Operating transfers in Operating transfers out TOTAL OTHER FINANCING SOURCES (USES) EXCESS OF REVENUES AND OTHER FINANCING SOURCES OVER (UNDER) EXPENDITURES AND OTHER FINANCING (USES) FUND BALANCES : Beginning of year End of year 602,648 312,648 290,000 49,359 45,649 3,710 $ 2,661 2,661 2,661 $ 2,661 $ 153,849 $ 156,510 $ 53 1 ' Continued 1 Air Quality Improvement Supplemental Law Enforcement Crossing Guard District I Variance Variance Variance Favorable Favorable Favorable Budget Actual (Unfavorable) Budget Actual (Unfavorable) Budget Actual (Unfavorable) 1 $ 1,500 $ 1,334 $ (166) $ 20,200 $ 19,567 $ (633) $ 43,470 $ 43,470 $ 1,424 1,269 (155) 1,223 1,616 393 4 4 21,624 20,836 (788) 44,693 45,086 393 1,504 1,338 (166) 1 1 43,000 40,202 2,798 - (772) 772 3,202 938 2,264 3,202 938 2,264 43,000 40,202 2,798 (772) 772 18,422 19,898 1,476 1,693 4,884 3,191 1,504 2,110 606 '(38,000) (38,000) 73 73 (38,000) (38,000) - - - 73 73 $ (19,578) (18,102) $ 1,476 $ 1,693 4,884 $ 3,191 $ 1,504 2,183 $ 679 38,402 - (1,980) 1 $ 20,300 $ 4,884 $ 203 1 1 1 54 City of Hermosa Beach Combining Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual - All Special Revenue Funds For the year ended June 30, 1997 Sewer Asset Seizure and Forfeiture Variance Variance Favorable Favorable Budget Actual (Unfavorable) Budget Actual (Unfavorable) REVENUES: Property taxes Other taxes Fines and forfeitures $ 10,000 $ 2,745 $ (7,255) Intergovernmental $ 10,000 $ 7,968 $ (2032) Charges for services 5,925 35,164 29,239 Miscellaneous - (4,139) (4,139) Interest earned on investments 168,166 168,258 92 19,154 15,957 (3,197) TOTAL REVENUES 184,091 207,251 23,160 29,154 18,702 (10,452) EXPENDITURES : Current : General government Public safety Public works 440,516 368,292 72,224 Capital outlay 1,818,506 1,076,324 742182 247,572 182,904 TOTAL EXPENDITURES 2,259,022 1,444,616 814,406 247,572 182,904 EXCESS OF REVENUES OVER (UNDER) EXPENDITURES (2,074,931) (1,237,365) 837,566 (218,418) (164,202) 64,668 64,668 54,216 OTHER FINANCING SOURCES (USES) : Operating transfers in 800,000 800,000 - 12,229 12,229 Operating transfers out TOTAL OTHER FINANCING SOURCES (USES) EXCESS OF REVENUES AND OTHER FINANCING SOURCES OVER (UNDER) EXPENDITURES AND OTHER FINANCING (USES) 800,000 800,000 12,229 12,229 $ (1,274,931) (437,365) $ 837,566 $ (218,418) (151,973) $ 66,445 FUND BALANCES : Beginning of year 2,538,504 301,273 End of year $ 2,101,139 $ 149,300 55 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 Concluded Fire Protection Totals Variance Variance Favorable Favorable Budget Actual (Unfavorable) Budget Actual (Unfavorable) $ 598,905 $ 589,790 $ (9,115) 59,500 45,500 (14,000) 10,000 2,745 (7,255) 4,822,908 839,920 (3,982,988) 62,592 97,268 34,676 $ 66,131 $ 66,358 $ 227 317,521 203,830 (113,691) 8,770 9,815 1,045 399,437 409,350 9,913 74,901 76,173 1,272 6,270,863 2,188,403 (4,082,460) - 131 (131) 36,398 29,463 6,935 92,359 85,079 7,280 1,095,847 921,365 174,482 10,776,698 3,599,502 7,177,196 131 (131) 12,001,302 4,635,409 7,365,893 74,901 76,042 1,141 (5,730,439) (2,447,006) 3,283,433 1,284,413 1,296,691 12,278 (51,230) (51,230) (474,211) (472,876) 1,335 (51,230) (51,230) 810,202 823,815 13,613 $ 23,671 24,812 $ 1,141 $ (4,920,237) (1,623,191) $ 3,297,046 141,248 7,632,236 $ 166,060 $ 6,009,045 56 ENTERPRISE FUNDS Enterprise Funds are established to account for operations that are financed and operated in a manner similar to private business enterprises and where periodic determinations of net income is desired. Expenses, including depreciation, of providing goods or services to the general public are recovered primarily through user charges. Enterprise Funds of the City include the following : Downtown Enhancement Fund - All parking lot revenues are deposited to the Downtown Enhancement Fund in order to finance parking operations in the downtown area. Parking Fund - All meter, fine and parking permit revenues are deposited to the Parking Fund in order to finance parking operations and capital improvements. Proposition "A" Transit Fund - Transit revenue consists primarily of Proposition A fund (the 1/2 cent sales tax for Los Angeles County transportation purposes). The City currently operates a Dial -a -Ride program, a commuter bus and subsidizes bus passes for senior citizens and students. Proposition "C" Transit Fund - The Proposition C Fund is a new fund which was added during 1992 to account for funds allocated from the voter -approved 1/2 cent sales tax. Funds must be used for transit purposes. 57 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 City of Hermosa Beach Combining Balance Sheet - All Enterprise Funds June 30, 1997 (With comparative totals for June 30, 1996) Totals Downtown Prop A Prop C Enhancement Parking Transit Transit 1997 1996 ASSETS CURRENT ASSETS: Cash and investments $ 247,925 $ 120,395 $ 105,271 $ 396,576 $ 870,167 $ 1,183,741 Grant receivable 12,545 12,545 19,565 Interest receivable on investments 4,772 4,744 1,978 7,678 19,172 21,078 Other receivables 226,044 19,233 20,246 14,499 280,022 279,415 • TOTAL CURRENT ASSETS 478,741 144,372 140,040 418,753 1,181,906 1,503,799 Property and equipment, net of accumulated depreciation TOTAL ASSETS LIABILITIES AND FUND EQUITY 281,667 1,308,614 1,590,281 1,677,904 $ 760,408 $ 1,452,986 $ 140,040 $ 418,753 $ 2,772,187 $ 3,181,703 CURRENT LIABILITIES : Accounts payable $ 104,392 $ 56,635 $ 56,465 $ 217,492 $ 135,050 Accrued wages and compensated absences 2,594 72,915 2,887 78,396 79,460 TOTAL CURRENT LIABILITIES 106,986 129,550 59,352 295,888 214,510 FUND EQUITY : Contributed capital 22,250 22,250 22,250 Retained earnings : Reserved : Downtown improvements 39,795 39,795 144,795 VPD land acquisition 105,000 105,000 105,000 Capital outlay 9,592 9,592 9,592 Parking facility 5,254 5,254 5,254 Unreserved 508,627 1,286,340 80,688 $ 418,753 2,294,408 2,680,302 TOTAL RETAINED EARNINGS 653,422 1,301,186 80,688 418,753 2,454,049 2,944,943 TOTAL FUND EQUITY 653,422 1,323,436 80,688 418,753 2,476,299 2,967,193 TOTAL LIABILITIES AND FUND EQUITY $ 760,408 $ 1,452,986 $ 140,040 $ 418,753 $ 2,772,187 $ 3,181,703 58 THIS PAGE LEFT IN 1'ENTIONALLY BLANK 59 1 1 City of Hermosa Beach Combining Statement of Revenues, Expenses, and Changes in Retained Earnings - All Enterprise Funds For the year ended June 30, 1997 (With comparative totals for the year ended June 30, 1996) OPERATING REVENUES : Other taxes Fines and forfeitures Use of money and property Charges for services Miscellaneous TOTAL OPERATING REVENUES Totals Downtown Prop A Prop C Enhancement Parking Transit Transit 1997 1996 $ 266,170 $ 220,675 $ 162,431 $ 383,106 $ 374,418 $ 1,048,683 1,048,683 854,621 266,170 229,614 943,923 13,821 957,744 954,983 835 266,170 1,992,606 234,496 162,431 2,655,703 2,414,471 OPERATING EXPENSES : Salaries and wages 21,344 792,340 28,765 842,449 839,906 Contractor services 877,719 35,528 192,572 334 1,106,153 443,538 Supplies 3,419 186,804 28 190,251 90,427 Depreciation 6 599 605 18,108 TOTAL OPERATING EXPENSES 902,488 1,015,271 221,365 334 2,139,458 1,391,979 OPERATING INCOME (LOSS) (636,318) 977,335 13,131 162,097 516,245 1,022,492 NON-OPERATING REVENUES (EXPENSES): Write-off of fixed assets (430) (25,652) (26,082) - Interest earned on investments 36,537 14,356 5,877 23,067 79,837 75,468 TOTAL NON-OPERATING REVENUES (EXPENSES) INCOME (LOSS) BEFORE OPERATING TRANSFERS Operating transfer in Operating transfers out NET INCOME (LOSS) RETAINED EARNINGS : Beginning of year Residual equity transfer 36,107 (11,296) 5,877 23,067 53,755 75,468 (600,211) 966,039 19,008 185,164 570,000 1,097,960 583 205 788 (5,707) (994,834) (205) (1,000,746) (883,882) (605,918) (28,212) 18,803 185,369 (429,958) 214,078 1,259,340 1,390,334 61,885 233,384 2,944,943 2,730,865 (60,936) (60,936) End of year $ 653,422 $ 1,301,186 $ 80,688 $ 418,753 $ 2,454,049 $ 2,944,943 60 City of Hermosa Beach Combining Statement of Revenues, Expenses and Changes in Retained Earnings - Budget and Actual - All Enterprise Funds For the year ended June 30,1997 OPERATING REVENUES : Other taxes Fines and forfeitures Use of money and property Charges for services Downtown Enhancement Parking Variance Variance Favorable Favorable Budget Actual (Unfavorable) Budget Actual (Unfavorable) $ 289,452 $ 266,170 $ (23,282) $ 970,967 $ 1,048,683 $ 77,716 905,372 943,923 38,551 TOTAL OPERATING REVENUES 289,452 266,170 (23,282) 1,876,339 1,992,606 116,267 OPERATING EXPENSES : Salaries and wages 25,179 21,344 3,835 841,077 792,340 48,737 Contractor services 902,964 877,719 25,245 40,909 35,528 5,381 Supplies 15,682 3,419 12,263 197,782 186,804 10,978 Depreciation 50 6 44 12,697 599 12,098 TOTAL OPERATING EXPENSES 943,875 902,488 41,387 1,092,465 1,015,271 77,194 OPERATING INCOME (LOSS) (654,423) (636,318) 18,105 783,874 977,335 193,461 NON-OPERATING REVENUES (EXPENSES): Write-off of fixed assets (430) (430) - (25,652) (25,652) Interest earned on investments 39,892 36,537 (3,355) 14,643 14,356 (287) TOTAL NON-OPERATING REVENUES INCOME (LOSS) BEFORE OPERATING TRANSFERS Operating transfers in Operating transfers out NET INCOME (LOSS) 39,892 36,107 (3,785) 14,643 (11,296) (25,939) (614,531) (600,211) 14,320 798,517 966,039 167,522 1 1 1 1 1 1 t 1 1 1 1 1 1 583 583 - 1 (5,707) (5,707) (995,258) (994,834) 424 $ (620,238) (605,918) $ 14,320 $ (196,158) (28,212) $ 167,946 RETAINED EARNINGS : Beginning of year 1,259,340 1,390,334 Residual equity transfer (60,936) End of year $ 653,422 $ 1,301,186 61 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 Proposition A Transit Proposition C Transit Totals Variance Variance Variance Favorable Favorable Favorable Budget Actual (Unfavorable) Budget Actual (Unfavorable) Budget Actual (Unfavorable) $ 228,408 $ 220,675 $ (7,733) $ 168,800 $ 162,431 $ (6,369) $ 397,208 $ 383,106 $ (14,102) 970,967 1,048,683 77,716 289,452 266,170 (23,282) 13,900 13,821 (79) 919,272 957,744 38,472 242,308 234,496 (7,812) 168,800 162,431 (6,369) 2,576,899 2,655,703 78,804 30,665 28,765 1,900 896,921 842,449 54,472 207,675 192,572 15,103 313,000 334 312,666 1,464,548 1,106,153 358,395 550 28 522 214,014 190,251 23,763 12,747 605 12,142 238,890 221,365 17,525 313,000 334 312,666 2,588,230 2,139,458 448,772 3,418 13,131 9,713 (144,200) 162,097 306,297 (11,331) 516,245 527,576 (26,082) (26,082) 4,900 5,877 977 17,438 23,067 5,629 76,873 79,837 2,964 4,900 5,877 977 17,438 23,067 5,629 76,873 53,755 (23,118) 8,318 19,008 10,690 (126,762) 185,164 311,926 65,542 570,000 504,458 205 205 583 788 205 (205) (205) (1,000,965) (1,000,746) 219 $ 8,318 18,803 $ 10,485 $ (126,762) 185,369 $ 312,131 $ (934,840) (429,958) $ 504,882 61,885 233,384 2,944,943 (60,936) $ 80,688 $ 418,753 $ 2,454,049 62 City of Hermosa Beach Combining Statement of Cash Flows - All Enterprise Funds For the year ended June 30, 1997 (With comparative totals for the year ended June 30, 1996) CASH FLOWS FROM OPERATING ACTIVITIES : Operating income (loss) Adjustments to reconcile operating income to net cash provided by operating activities : Depreciation Changes in current assets and liabilities : Grant receivable Interest receivable on investments Other receivables Accounts payable Accrued wages and compensated absences NET CASH PROVIDED (USED) BY OPERATING ACTIVITIES Totals Downtown Prop A Prop C Enhancement Parking Transit Transit 1997 1996 $ (636,318) $ 977,335 $ 13,131 $ 162,097 $ 516,245 $1,022,492 6 599 605 18,108 7,020 7,020 (19,565) 8,989 (2,657) (611) (3,815) 1,906 506 (5,751) 4,574 253 315 (609) (26,251) 84,658 (4,739) 2,525 82,444 (117,859) (223) (1,847) 1,211 (205) (1,064) 11,937 (548,639) 973,265 23,529 158,392 606,547 889,368 CASH FLOWS FROM NON -CAPITAL FINANCING ACTIVITIES : Operating transfers in 583 205 788 Operating transfers out (5,707) (994,834) (205) (1,000,746) (883,882) NET CASH USED BY NON -CAPITAL FINANCING ACTIVITIES CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES : Retirement (acquisition) of fixed assets Contributed capital (5,707) (994,251) (205) 205 (999,958) (883,882) NET CASH PROVIDED (USED) BY CAPITAL AND RELATED FINANCING ACTIVITIES CASH FLOWS FROM INVESTING ACTIVITIES : Interest earned on investments (48,315) (15,445) (63,760) 36,537 14,356 5,877 23,067 79,837 75,468 NET CASH PROVIDED BY INVESTING ACTIVITIES 36,537 14,356 5,877 23,067 79,837 75,468 NET INCREASE (DECREASE) IN CASH (517,809) (6,630) 29,201 181,664 (313,574) 17,194 CASH AND INVESTMENTS : Beginning of year 765,734 127,025 76,070 214,912 1,183,741 1,166,547 End of year $ 247,925 $ 120,395 $ 105,271 $ 396,576 $ 870,167 $1,183,741 63 - r. 11111 .. r - - - - - .. - - .. .. - - - .. City of Hermosa Beach Comparative Balance Sheets - Downtown Enhancement Fund June 30, 1997 and 1996 1997 1996 ASSETS CURRENT ASSETS : Cash and investments $ 247,925 $ 765,734 Interest receivable on investments 4,772 13,759 Other receivables 226,044 220,293 TOTAL CURRENT ASSETS Property and equipment, net of accumulated depreciation TOTAL ASSETS LIABILITIES AND FUND EQUITY 478,741 999,786 281,667 282,105 $ 760,408 $ 1,281,891 CURRENT LIABILITIES : Accounts payable $ 104,392 $ 19,734 Accrued wages and compensated absences 2,594 2,817 TOTAL CURRENT LIABILITIES 106,986 22,551 FUND EQUITY : Retained earnings : Reserved : Downtown improvements 39,795 144,795 In -Lieu parking 105,000 105,000 Unreserved 508,627 1,009,545 TOTAL FUND EQUITY 653,422 1,259,340 TOTAL LIABILITIES AND FUND EQUITY $ 760,408 $ 1,281,891 65 City of Hermosa Beach Comparative Statements of Revenues, Expenses, and Changes in Retained Earnings - Downtown Enhancement Fund For the years ended June 30, 1997 and 1996 1997 1996 OPERATING REVENUES : Use of money and property $ 266,170 $ 229,613 TOTAL OPERATING REVENUES 266,170 229,613 OPERATING EXPENSES : Salaries and wages 21,344 20,777 Contractor services 877,719 137,441 Supplies 3,419 6,209 Depreciation 6 56 TOTAL OPERATING EXPENSES OPERATING INCOME (LOSS) 902,488 164,483 (636,318) 65,130 NON-OPERATING REVENUES (EXPENSES): Write-off of fixed assets (430) Interest earned on investments 36,537 46,384 TOTAL NON-OPERATING REVENUES 36,107 46,384 INCOME BEFORE OPERATING TRANSFERS (600,211) 111,514 Operating transfers out (5,707) (7,350) NET INCOME (LOSS) (605,918) 104,164 RETAINED EARNINGS : Beginning of year 1,259,340 1,155,176 End of year $ 653,422 $ 1,259,340 66 City of Hermosa Beach Comparative Statements of Cash Flows - Downtown Enhancement Fund For the years ended June 30,1997 and 1996 1997 1996 CASH FLOWS FROM OPERATING ACTIVITIES : Operating income (Loss) $ (636,318) $ 65,130 Adjustments to reconcile net operating income to net cash provided by operating activities : Depreciation 6 56 Changes in current assets and liabilities : Interest receivable on investments 8,989 (1,949) Other receivables (5,751) (21,541) Accounts payable 84,658 19,373 Accrued wages (223) 629 1 1 1 1 1 1 1 NET CASH PROVIDED (USED) BY OPERATING ACTIVITIES (548,639) 61,698 CASH FLOWS FROM NON -CAPITAL FINANCING ACTIVITIES : Operating transfers out NET CASH USED BY NON -CAPITAL FINANCING ACTIVITIES CASH FLOWS FROM INVESTING ACTIVITIES : Interest earned on investments (5,707) (7,350) (5,707) (7,350) 36,537 46,384 1 1 1 NET CASH PROVIDED BY INVESTING ACTIVITIES 36,537 46,384 I NET (DECREASE) INCREASE IN CASH (517,809) 100,732 1 CASH AND INVESTMENTS : Beginning of year 765,734 665,002 End of year $ 247,925 $ 765,734 67 1 1 1 1 1 City of Hermosa Beach Comparative Balance Sheets - Parking Fund June 30,1997 and 1996 1997 1996 ASSETS CURRENT ASSETS : Cash and investments $ 120,395 $ 127,025 Interest receivable on investments 4,744 2,089 Other receivables 19,233 23,807 TOTAL CURRENT ASSETS 144,372 152,921 Property and equipment, net of accumulated depreciation 1,308,614 1,395,799 TOTAL ASSETS LIABILITIES AND FUND EQUITY $ 1,452,986 $ 1,548,720 CURRENT LIABILITIES : Accounts payable $ 56,635 $ 61,374 Accrued wages and compensated absences 72,915 74,762 TOTAL CURRENT LIABILITIES 129,550 136,136 FUND EQUITY : Contributed capital 22,250 22,250 Retained earnings : Reserved: Capital outlay 9,592 9,592 Parking facility 5,254 5,254 Unreserved 1,286,340 1,375,488 TOTAL FUND EQUITY 1,301,186 1,390,334 1,323,436 1,412,584 TOTAL LIABILITIES AND FUND EQUITY $ 1,452,986 $ 1,548,720 68 City of Hermosa Beach Comparative Statements of Revenues, Expenses, and Changes in Retained Earnings - Parking Fund For the years ended June 30,1997 and 1996 1997 1996 OPERATING REVENUES : Fines and forfeitures $ 1,048,683 $ 854,621 Charges for services 943,923 943,981 Miscellaneous - 848 TOTAL OPERATING REVENUES 1,992,606 1,799,450 OPERATING EXPENSES : Salaries and wages 792,340 791,164 Contractor services 35,528 12,510 Supplies 186,804 84,185 Depreciation 599 18,052 TOTAL OPERATING EXPENSES OPERATING INCOME (LOSS) NON-OPERATING REVENUES (EXPENSES): Write-off of fixed assets Interest earned on investments TOTAL NON-OPERATING REVENUES INCOME BEFORE OPERATING TRANSFERS Operating transfers in Operating transfers out NET INCOME (LOSS) 1,015,271 905,911 977,335 893,539 (25,652) 14,356 8,390 (11,296) 8,390 966,039 901,929 583 (994,834) (876,532) (28,212) 25,397 RETAINED EARNINGS : Beginning of year 1,390,334 1,364,937 Residual equity transfer (60,936) End of year $ 1,301,186 $ 1,390,334 69 City of Hermosa Beach Comparative Statements of Cash Flows - Parking Fund For the years ended June 30,1997 and 1996 1997 1996 CASH FLOWS FROM OPERATING ACTIVITIES : Operating income $ 977,335 $ 893,539 Adjustments to reconcile net operating income to net cash provided by operating activities : Depreciation 599 18,052 Changes in current assets and liabilities : Interest receivable on investments (2,657) 793 Other receivables 4,574 (10,982) Accounts payable (4,739) 24,668 Accrued wages (1,847) 10,922 NET CASH PROVIDED BY OPERATING ACTIVITIES 973,265 936,992 CASH FLOWS FROM NON -CAPITAL FINANCING ACTIVITIES : Operating transfers in 583 Operating transfers out (994,834) (876,532) NET CASH USED BY NON -CAPITAL FINANCING ACTIVITIES CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES : Acquisition of fixed assets Contributed capital (994,251) (876,532) (48,315) (15,445) NET CASH USED BY CAPITAL AND RELATED FINANCING ACTIVITIES (63,760) CASH FLOWS FROM INVESTING ACTIVITIES : Interest earned on investments NET CASH PROVIDED BY INVESTING ACTIVITIES NET INCREASE (DECREASE) IN CASH CASH AND INVESTMENTS : Beginning of year 14,356 8,390 14,356 8,390 (6,630) 5,090 127,025 121,935 End of year $ 120,395 $ 127,025 70 City of Hermosa Beach Comparative Balance Sheets - Proposition A Transit Fund June 30,1997 and 1996 ASSETS CURRENT ASSETS : Cash and investments Grant receivable Interest receivable on investments Other receivables TOTAL CURRENT ASSETS TOTAL ASSETS LIABILITIES AND FUND EQUITY CURRENT LIABILITIES : Accounts payable Accrued wages and compensated absences TOTAL CURRENT LIABILITIES FUND EQUITY : Retained earnings : Unreserved TOTAL FUND EQUITY TOTAL LIABILITIES AND FUND EQUITY 71 1 1 1 1 1997 1996 1 $ 105,271 $ 76,070 12,545 19,565 1,978 1,367 20,246 20,499 1 140,040 117,501 $ 140,040 $ 117,501 $ 56,465 $ 53,940 2,887 1,676 1 59,352 55,616 1 80,688 61,885 1 80,688 61,885 1 $ 140,040 $ 117,501 1 1 1 City of Hermosa Beach Comparative Statements of Revenues, Expenses, and Changes in Retained Earnings - Proposition A Transit Fund For the years ended June 30, 1997 and 1996 1997 1996 OPERATING REVENUES : Other taxes $ 220,675 $ 217,309 Charges for services 13,821 11,002 Miscellaneous - (12) TOTAL OPERATING REVENUES 234,496 228,299 OPERATING EXPENSES : Salaries and wages 28,765 27,965 Contractor services 192,572 193,587 Supplies 28 33 TOTAL OPERATING EXPENSES OPERATING INCOME (LOSS) 221,365 221,585 13,131 6,714 NON-OPERATING REVENUES : Interest earned on investments 5,877 7,143 TOTAL NON-OPERATING REVENUES 5,877 7,143 INCOME BEFORE OPERATING TRANSFERS 19,008 13,857 Operating transfers out (205) NET INCOME (LOSS) 18,803 13,857 RETAINED EARNINGS : Beginning of year 61,885 48,028 End of year $ 80,688 $ 61,885 72 City of Hermosa Beach Comparative Statements of Cash Flows - Proposition A Transit Fund For the years ended June 30, 1997 and 1996 CASH FLOWS FROM OPERATING ACTIVITIES : Operating income Adjustments to reconcile net operating income to net cash provided by operating activities : Changes in current assets and liabilities : Grant receivable Interest receivable on investments Other receivable Accounts payable Accrued wages 1997 1996 $ 13,131 $ 6,714 7,020 (19,565) (611) 2,435 253 (5,133) 2,525 (126,985) 1,211 1,418 NET CASH PROVIDED (USED) BY OPERATING ACTIVITIES 23,529 (141,116) CASH FLOWS FROM NON-CAPTIAL FINANCING ACTIVITIES Operating transfers out (205) NET CASH USED BY NON -CAPITAL FINANCING ACTIVITIE (205) CASH FLOWS FROM INVESTING ACTIVITIES : Interest earned on investments NET CASH PROVIDED BY INVESTING ACTIVITIES NET INCREASE (DECREASE) IN CASH CASH AND INVESTMENTS : Beginning of year 5,877 7,143 5,877 7,143 29,201 (133,973) 76,070 210,043 End of year $ 105,271 $ 76,070 73 City of Hermosa Beach Comparative Balance Sheets - Proposition C Transit Fund June 30, 1997 and 1996 1997 1996 ASSETS CURRENT ASSETS : Cash and investments $ 396,576 $ 214,912 Interest receivable on investments 7,678 3,863 Other receivables 14,499 14,814 TOTAL CURRENT ASSETS TOTAL ASSETS LIABILITIES AND FUND EQUITY CURRENT LIABILITIES : Accrued wages and compensated absences 418,753 233,589 $ 418,753 $ 233,589 $ 205 TOTAL CURRENT LIABILITIES - 205 FUND EQUITY : Retained earnings : Unreserved TOTAL FUND EQUITY 418,753 233,384 418,753 233,384 TOTAL LIABILITIES AND FUND EQUITY $ 418,753 $ 233,589 74 City of Hermosa Beach Comparative Statements of Revenues, Expenses, and Changes in Retained Earnings - Proposition C Transit Fund For the years ended June 30,1997 and 1996 1997 1996 OPERATING REVENUES : Other taxes $ 162,431 $ 157,109 TOTAL OPERATING REVENUES OPERATING EXPENSES : Contractor services 162,431 157,109 334 100,000 TOTAL OPERATING EXPENSES 334 100,000 OPERATING INCOME (LOSS) 162,097 57,109 NON-OPERATING REVENUES (EXPENSES): Interest earned on investments 23,067 13,551 TOTAL NON-OPERATING REVENUES 23,067 13,551 INCOME BEFORE OPERATING TRANSFERS 185,164 70,660 Operating transfers in 205 NET INCOME (LOSS) 185,369 70,660 RETAINED EARNINGS : Beginning of year 233,384 162,724 End of year $ 418,753 $ 233,384 75 City of Hermosa Beach Comparative Statements of Cash Flows - Proposition C Transit Fund For the years ended June 30,1997 and 1996 1997 1996 CASH FLOWS FROM OPERATING ACTIVITIES : Operating income $ 162,097 $ 57,109 Adjustments to reconcile net operating income to net cash provided by operating activities : Changes in current assets and liabilities : Interest receivable on investments (3,815) (773) Other receivables 315 11,405 Accounts payable (34,915) Accrued wages (205) (1,032) NET CASH PROVIDED (USED) BY OPERATING ACTIVITIES 158,392 31,794 CASH FLOWS FROM NON -CAPITAL FINANCING ACTIVITIES Operating transfers in 205 NET CASH PROVIDED BY NON -CAPITAL FINANCING ACTIVITIES 205 CASH FLOWS FROM INVESTING ACTIVITIES : Interest earned on investments NET CASH PROVIDED BY INVESTING ACTIVITIES NET INCREASE (DECREASE) IN CASH CASH AND INVESTMENTS : Beginning of year 23,067 13,551 23,067 13,551 181,664 45,345 214,912 169,567 End of year $ 396,576 $ 214,912 76 INTERNAL SERVICE FUNDS Internal Service Funds are established to account for operations that are Internal Service Funds of the City include the following : Insurance Fund - This fund was created to account for costs associated with the City's insurances : liability workers' compensation, unemployment, auto, property and officials' bonds. Equipment Replacement Fund - This fund was created to provide ongoing funds to replace assets at the end of the assets' useful life. 77 City of Hermosa Beach Combining Balance Sheets - Internal Service Funds June 30, 1997 (With comparative totals for June 30, 1996) ASSETS CURRENT ASSETS: Cash and investments Interest receivable on investments Deposits Other accounts receivable Prepaid expenses TOTAL CURRENT ASSETS Property and equipment, net of accumulated depreciation TOTAL ASSETS LIABILITIES AND FUND EQUITY CURRENT LIABILITIES : Current portion of long-term liabilities Accounts payable Accrued wages and compensated absences TOTAL CURRENT LIABILITIES LONG-TERM LIABILITIES : Workers' compensation claims payable General liability claims payable Less current portion above TOTAL LONG-TERM LIABILITIES TOTAL LIABILITIES FUND EQUITY : Contributed capital Retained earnings : Unreserved TOTAL FUND EQUITY TOTAL LIABILITIES AND FUND EQUITY Insurance Fund $ 1,351,584 280 1,392,033 6,030 1,047 Equipment Replacement Fund Totals 1997 $ 1,342,997 $ 2,694,581 280 1,392,033 6,030 1,047 1996 $ 1,953,688 283 1,372,504 1,998 2,750,974 1,342,997 4,093,971 3,328,473 923,003 923,003 148,355 $ 2,750,974 $ 2,266,000 $ 5,016,974 $ 3,476,828 $ 400,000 35,046 5,724 440,770 1,555,122 872,026 2,427,148 (400,000) 2,027,148 2,467,918 $ 400,000 $ 400,000 $ 4,105 39,151 37,821 8,581 14,305 10,826 12,686 453,456 448,647 1,555,122 1,468,746 872,026 866,974 2,427,148 2,335,720 (400,000) (400,000) 2,027,148 1,935,720 12,686 2,480,604 2,384,367 159,165 1,640,921 1,800,086 995,726 123,891 612,393 736,284 96,735 283,056 2,253,314 2,536,370 1,092,461 $ 2,750,974 $ 2,266,000 $ 5,016,974 $ 3,476,828 78 THIS PAGE LEFT INTENTIONALLY BLANK 79 City of Hermosa Beach Combining Statements of Revenues, Expenses, and Changes in Retained Earnings - 1 Internal Service Funds For the year ended June 30,1997 (With comparative totals for year ended June 30, 1996) 1 Equipment Totals Insurance Replacement Fund Fund 1997 1996 IOPERATING REVENUES : Charges for service $ 936,325 $ 496,586 $ 1,432,911 $ 961,758 1 Miscellaneous 5,338 83,152 88,490 30,443 TOTAL OPERATING 1 REVENUES 941,663 579,738 1,521,401 992,201 OPERATING EXPENSES : 1 Salaries and wages 96,677 101,980 198,657 110,466 Contractor services 176,499 1,004 177,503 71,941 Supplies 1,650 122,805 124,455 5,028 Claims expense 883,876 883,876 671,613 Depreciation - 260,500 260,500 5,213 1 TOTAL OPERATING EXPENSES 1,158,702 486,289 1,644,991 864,261 1 OPERATING INCOME (LOSS) (217,039) 93,449 (123,590) 127,940 1 NON-OPERATING REVENUES (EXPENSES): Interest earned on investments 280 280 283 1 TOTAL NON-OPERATING REVENUES 280 - 280 283 1 INCOME (LOSS) BEFORE OPERATING TRANSFERS (216,759) 93,449 (123,310) 128,223 1 Operating transfers in 484,389 278,470 762,859 596,052 Operating transfers out (22,095) 1 NET INCOME (LOSS) 267,630 371,919 639,549 702,180 IRETAINED EARNINGS : Beginning of year : (143,739) 240,474 96,735 (605,445) 1 End of year $ 123,891 $ 612,393 $ 736,284 $ 96,735 80 City of Hermosa Beach Combining Statement of Revenues, Expenses and Changes in Retained Earnings - Budget and Actual - All Internal Service Funds For the year ended June 30, 1997 OPERATING REVENUES : Charges for services Miscellaneous Insurance Fund Variance Favorable Budget Actual (Unfavorable) $ 936,325 $ 936,325 $ 5,338 5,338 TOTAL OPERATING REVENUES 936,325 941,663 5,338 OPERATING EXPENSES : Salaries and wages 106,770 96,677 10,093 Contractor services 185,830 176,499 9,331 Supplies 3,725 1,650 2,075 Claims expense 640,000 883,876 (243,876) Depreciation TOTAL OPERATING EXPENSES 936,325 1,158,702 (222,377) OPERATING INCOME (LOSS) NON-OPERATING REVENUES (EXPENSES): Interest earned on investments TOTAL NON-OPERATING REVENUES (217,039) (217,039) 280 280 280 280 INCOME (LOSS) BEFORE OPERATING TRANSFERS (216,759) (216,759) Operating transfers in 484,413 484,389 (24) NET INCOME (LOSS) $ 484,413 267,630 $ (216,783) RETAINED EARNINGS : Beginning of year (143,739) End of year $ 123,891 81 1 1 1 1 1 Equipment Replacement Fund Totals Variance Favorable Budget Actual (Unfavorable) Budget $ 496,586 $ 496,586 1 - 83,152 496,586 579,738 99,326 101,980 1 94,140 1,004 137,393 122,805 1 - 260,500 330,859 486,289 1 165,727 93,449 1 1 1 ' 278,494 278,470 $ 411,221 371,919 165,727 93,449 1 1 1 1 240,474 $ 612,393 $ 83,152 $ 1,432,911 83,152 1,432,911 (2,654) 93,136 14,588 (260,500) 206,096 279,970 141,118 640,000 (155,430) 1,267,184 (72,278) 165,727 (72,278) 165,727 (24) 762,907 $ (72,302) $ 928,634 82 Actual $ 1,432,911 88,490 1,521,401 198,657 177,503 124,455 883,876 260,500 1,644,991 (123,590) 280 280 (123,310) 762,859 Variance Favorable (Unfavorable) $ 88,490 88,490 7,439 102,467 16,663 (243,876) (260,500) (377,807) (289,317) 280 280 (289,037) (48) 639,549 $ 96,735 736,284 (289,085) City of Hermosa Beach Combining Statements of Cash Flows - Internal Service Funds For the year ended June 30,1997 (With comparative totals for the year ended June 30, 1996) CASH FLOWS FROM OPERATING ACTIVITIES : Operating income (Ioss) Adjustments to reconcile net operating income to net cash provided by operating activities : Depreciation Changes in current assets and liabilities : Interest receivable on investments Deposits Other accounts receivable Prepaid expenses Accounts payable Accrued wages and compensated absences Worker's compensation claims payable General liability claims payable NET CASH PROVIDED (USED) BY OPERATING ACTIVITIES CASH FLOWS FROM NON -CAPITAL FINANCING ACTIVITIES : Operating transfers in Operating transfers out NET CASH PROVIDED BY NON -CAPITAL FINANCING ACTIVITIES CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES : Acquisition of fixed assets Contributed capital NET CASH USED BY CAPITAL AND RELATED FINANCING ACTIVITIES CASH FLOWS FROM INVESTING ACTIVITIES : Interest earned on investments NET PROVIDED BY INVESTING ACTIVITIES NET INCREASE (DECREASE) IN CASH CASH AND INVESTMENTS : Beginning of year End of year Equipment Totals Insurance Replacement Fund Fund 1997 1996 $ (217,039) • $ 93,449 $ (123,590) $ 127,940 260,500 260,500 5,213 3 3 99 (19,529) (19,529) (44,514) (6,030) (6,030) - 951 951 (1,998) (2,775) 4,104 1,329 28,974 (5,102) 8,581 3,479 (210) 86,376 86,376 (10,938) 5,052 5,052 (75,691) (158,093) 366,634 208,541 28,875 484,389 278,470 762,859 596,052 (22,095) 484,389 278,470 762,859 573,957 280 280 (230,787) (230,787) (153,568) 836,561 (230,787) (230,787) 682,993 280 283 280 283 326,576 414,317 740,893 1,286,108 1,025,008 928,680 1,953,688 667,580 $ 1,351,584 $ 1,342,997 $ 2,694,581 $ 1,953,688 83 AGENCY FUND The Agency Fund is used to account for assets held by the City in the capacity of agent for individuals. Agency Fund spending is controlled primarily through legal agreements and applicable State and Federal laws. The Agency Fund of the City was established for the two deferred compensation plans offered to employees. 84 City of Hermosa Beach Comparative Balance Sheets - Agency Fund June 30,1997 and 1996 1997 1996 ASSETS Deferred compensation plans $ 2,740,799 $ 2,015,628 LIABILITIES Deferred compensation plans liability $ 2,740,799 $ 2,015,628 85 City of Hermosa Beach Combining Statement of Changes in Assets and Liabilities - Agency Fund For the year ended June 30, 1997 Balance Balance July 1, 1996 Additions Deletions June 30, 1997 ASSETS Deferred compensation plans $ 2,015,628 $ 725,171 $ $ 2,740,799 TOTAL ASSETS $ 2,015,628 $ 725,171 $ $ 2,740,799 LIABILITIES Deferred compensation plans payable $ 2,015,628 $ 725,171 $ $ 2,740,799 TOTAL LIABILITIES $ 2,015,628 $ 725,171 $ $ 2,740,799 86 GENERAL FIXED ASSETS ACCOUNT GROUP The General Fixed Assets Account Group is comprised of those fixed assets of a government jurisdiction which are not accounted for in a Proprietary Fund. 87 City of Hermosa Beach Comparative Schedule of General Fixed Assets - By Source June 30, 1997 and 1996 GENERAL FIXED ASSETS Land Buildings and improvements Improvements other than buildings Machinery and equipment Vehicles Construction in progress TOTAL GENERAL FIXED ASSETS INVESTMENTS IN GENERAL FIXED ASSETS BY SOURCE General fund Special revenue fund Donations 1997 $ 17,744,801 1,637,237 2,242,354 1,970,236 20,409 136,840 1996 $ 16,243,218 1,637,237 2,242,354 2,101,264 1,398,522 $ 23,751,877 $ 23,622,595 $ 15,528,229 7,919,895 303,753 $ 16,365,700 6,953,142 303,753 TOTAL INVESTMENT IN GENERAL FIXED ASSETS $ 23,751,877 $ 23,622,595 88 City of Hermosa Beach Schedule of General Fixed Assets - By Function and Activity June 30, 1997 FUNCTION AND ACTIVITY : General goverment : City Council City Clerk City Treasurer City Manager Personnel Finance and administration Other TOTAL GENERAL Buildings Structures Machinery and Other and Land Improvements Equipment Vehicles Total $ 60,000 $ 790,706 39,106 $ 889,812 15,089 15,089 4,500 4,500 9,766 9,766 258,902 258,902 28,317 28,317 GOVERNMENT 60,000 819,023 327,363 $ Public safety : Police 576,643 1,189,868 Fire / Civil defense 16,756 137,530 TOTAL PUBLIC SAFETY Streets and highways : Maintenance / Traffic safety TOTAL STREETS AND HIGHWAYS 593,399 1,327,398 1,206,386 1,766,511 154,286 1,920,797 9,714 9,714 9,714 9,714 Community development 137,474 13,200 150,674 Culture and recreation 650,000 761,541 76,207 1,487,748 Public works 17,034,752 1,728,347 193,733 18,956,832 Sanitation 19,726 19,726 TOTAL GENERAL FIXED ASSETS $ 17,744,752 $ 4,039,784 $ 1,967,341 $ - $ 23,751,877 89 City of Hermosa Beach Schedule of Changes in General Fixed Assets By Function and Activity For the year ended June 30, 1997 General. Fixed Disposals, General Fixed Assets Transfers and Assets July 1,19% Additions Adjustments June 30, 1997 FUNCTION AND ACTIVITY : General government : City Council $ 51,284 $ 838,528 $ 889,812 City Clerk 26,075 (10,986) 15,089 City Treasurer 2,733 (2,733) - City Manager 9,106 (4,606) 4,500 Personnel 17,124 (7,358) 9,766 Finance and administration 215,391 $ 65,620 (22,109) 258,902 Other 349,579 (321,262) 28,317 TOTAL GENERAL GOVERNMENT 671,292 65,620 469,474 1,206,386 Public safety : Police 2,129,407 285,729 (648,625) 1,766,511 Fire / Civil defense 566,579 (412,293) 154,286 Animal control - TOTAL PUBLIC SAFETY Streets and highways : Maintenance / Traffic safety TOTAL STREETS AND HIGHWAYS Community development Culture and recreation Public works Sanitation 2,695,986 285,729 (1,060,918) 1,920,797 128,910 1,083 (120,279) 9,714 128,910 1,083 (120,279) 9,714 86,510 136,840 (72,676) 150,674 1,563,611 (75,863) 1,487,748 18,330,341 1,514,557 (888,066) 18,956,832 145,945 6,289 (132,508) 19,726 TOTAL GENERAL FIXED ASSETS $ 23,622,595 $ 2,010,118 $ (1,880,836) $ 23,751,877 � 90 GENERAL LONG-TERM DEBT ACCOUNT GROUP Capital lease obligations and other forms of general long-term debt are secured by the full faith and credit of the City, and not its individual funds. The amount of such unmatured long-term indebtedness is accounted for in this separate self -balancing account group. 91 City of Hermosa Beach Schedule of General Long -Term Debt June 30, 1997 Special Revenue General Fund Funds Total Amount to be provided for retirement of general long-term debt $ 585,787 $ 21,461 $ 607,248 TOTAL $ 585,787 $ 21,461 $ 607,248 General long-term debt payable : Capital lease obligations $ 15,084 $ 15,084 Accrued vacation 570,703 $ 21,461 592,164 Balance Outstanding 585,787 21,461 607,248 TOTAL $ 585,787 $ 21,461 $ 607,248 92 1 1 1 1 1 1 THIS PAGE LEFT 1 INTENTIONALLY BLANK 1 1 1 1 1 1 1 1 1 1 Statistical Section M N INII M 111111 N A = E I OM N I IIIII IIIII E M = A City of Hermosa Beach General Governmental Revenues by Source June 30, 1997 Last Ten Fiscal Years (Unaudited) Interest Earned on Investments Property and Use of Charges and Licenses Fines and Money and Inter- for Fiscal Year Other Taxes and Permits Forfeitures Property governmental Services Other Total 1987-1988 $ 7,208,771 $ 245,318 $ 345,666 $ 754,601 $ 882,644 $ 380,342 $ 329,766 $ 10,147,108 1988-1989 7,855,930 296,808 165,139 873,905 1,424,615 436,700 959,658 12,012,755 1989-1990 8,348,899 290,080 226,524 1,098,113 1,948,182 405,890 1,497,299 13,814,987 1990-1991 8,546,113 272,944 690,870 1,307,192 1,648,352 475,516 348,328 13,289,315 1991-1992 9,052,756 212,552 1,899,182 1,218,450 1,310,821 479,930 214,195 14,387,886 1992-1993 8,751,080 170,913 348,270 1,069,324 1,122,275 466,294 993,531 12,921,687 1993-1994 8,594,929 124,078 179,356 903,979 1,245,037 389,859 44,029 11,481,267 1994-1995 8,640,996 139,758 117,384 1,032,825 2,062,111 467,405 156,519 12,616,998 1995-1996 9,484,209 183,533 124,268 1,043,782 3,100,743 660,850 474,014 15,071,399 1996-1997 8,901,449 275,424 132,334 890,799 1,717,746 755,949 845,830 13,519,531 Source : City of Hermosa Beach - Finance Department 94 City of Hermosa Beach General Governmental Expenditures by Function June 30,1997 Last Ten Fiscal Years (Unaudited) Culture General Public Community and Public Debt Capital Fiscal Year Government Safety Development Recreation Works Service Outlay Total 1987-1988 $ 2,580,491 $ 3,807,766 $ 395,680 $ 469,179 $ 1,186,259 $ 3,700 $ 1,545,139 $ 9,988,214 1988-1989 2,533,553 3,887,606 451,296 567,715 1,513,158 296,928 1,494,577 10,744,833 1989-1990 2,479,185 4,869,166 585,025 685,447 1,724,975 326,779 7,838,617 18,509,194 1990-1991 2,591,973 5,122,155 574,806 662,225 1,804,532 837,997 1,350,113 12,943,801 1991-1992 3,127,798 5,508,088 619,210 647,304 1,914,690 816,430 4,196,640 16,830,160 1992-1993 3,042,827 5,492,950 596,214 659,848 2,547,877 704,897 109,852 13,154,465 1993-1994 3,127,429 5,597,450 498,633 685,853 2,399,607 707,690 13,016,662 1994-1995 1,463,336 6,382,332 437,203 731,466 2,020,106 534,211 1,191,483 12,760,137 1995-1996 1,366,906 6,443,474 490,673 475,734 2,158,067 3,130,579 2,713,833 16,779,266 1996-1997 1,490,253 6,809,657 699,250 497,993 2,174,626 11,152 3,603,009 15,285,940 Source : City of Hermosa Beach - Finance Department 95 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 City of Hermosa Beach Assessed and Estimated Actual Value of Taxable Property June 30, 1997 Last Ten Fiscal Years (Unaudited) Secured Unsecured Less Net Assessed Fiscal Year Property Property Exemptions Value 1987-1988 $ 1,035,361,083 $ 15,256,377 $ 26,884,210 1988-1989 1,096,285,305 16,683,718 26,858,358 1989-1990 1,242,162,411 16,320,177 26,505,493 1990-1991 1,396,957,667 17,441,110 25,462,161 1991-1992 1,522,814,681 18,746,473 26,600,457 1992-1993 1,618,671,580 18,116,386 27,465,403 1993-1994 1,650,477,510 19,319,218 28,473,523 1994-1995 1,676,451,518 19,406,553 27,445,557 1995-1996 1,680,995,933 17,400,969 29,395,303 1996-1997 1,703,263,990 19,059,312 30,812,333 $ 1,023,733,250 1,086,110,665 1,231,977,095 1,388,936,616 1,514,960,697 1,609,322,563 1,641,323,205 1,668,412,514 1,669,001,599 1,698,628,302 Source : County of Los Angeles Auditor -Controller Estimated Valuation $ 1,050,617,460 1,112,969,023 1,258,482,588 1,414,398,777 1,541,561,154 1,636,787,966 1,669,796,728 1,695,858,071 1,698,396,902 1,729,440,635 Ratio of Net Assessed Value to Percentage Estimated Actual Value Increase (%) 13% 97.44% 6% 97.59% 13% 97.89% 12% 98.20% 9% 98.27% 6% 98.32% 2% 98.29% 2% 98.38% 0.15% 98.27% 1.8% 98.22% Note: Assessed valuations available from the County of Los Angeles are based on 100% of full value per Section 135 of the California Revenue and Taxation Code. 96 City of Hermosa Beach Property Tax Rates and Tax Levies - All Direct and Overlapping Governments (per $100 of assessed valuation) June 30,1997 Last Ten Fiscal Years (Unaudited) Metropolitan Los Angeles High Flood Water Hospital Fiscal Year General County Schools Control District District Total 1987-1988 1.000000 0.005051 0.002928 0.012257 0.011200 1.026385 1988-1989 1.000000 0.002781 0.010487 0.011000 1.021487 1989-1990 1.000000 0.002242 0.006944 0.012100 1.019044 1990-1991 1.000000 0.002104 0.005786 0.009700 1.015486 1991-1992 1.000000 0.001888 0.005376 0.008900 1.014276 1992-1993 1.000000 0.001409 0.003397 0.008900 1.012297 1993-1994 1.000000 0.001713 0.004212 0.008900 1.013112 1994-1995 1.000000 0.001993 0.006041 0.008900 1.014941 1995-1996 1.000000 0.001814 0.000963 0.008900 1.011677 1996-1997 1.000000 0.001584 0.002197 0.008900 1.012681 Source : County of Los Angeles Auditor -Controller Note : Assessed valuations available from the County of Los Angeles are based on 100% of full value per Section 135 of the California Revenue and Taxation Code. 97 City of Hermosa Beach Property Tax Levies and Collections June 30, 1997 Last Ten Fiscal Years (Unaudited) Fiscal Year Total Total Percentage Current Current of Levy Levy Collection Collected 1987-1988 $ 2,219,729 $ 2,131,984 96.05% 1988-1989 2,472,402 2,351,021 95.09% 1989-1990 2,825,903 2,663,696 94.26% 1990-1991 3,058,008 3,014,162 98.57% 1991-1992 3,401,500 3,255,834 95.72% 1992-1993 3,352,349 3,090,078 92.18% 1993-1994 3,296,519 3,027,168 91.83% 1994-1995 3,321,595 3,038,420 91.47% 1995-1996 3,337,288 3,093,600 92.70% 1996-1997 3,362,402 3,149,979 93.68% Source : County of Los Angeles Auditor -Controller 98 City of Hermosa Beach Computation of Legal Debt Margin June 30, 1997 (Unaudited) Total assessed value of all real and personal property Legal debt limit - 15% of total assessed valuation (a) Amount of debt applicable to limit Legal debt margin Percentage of legal debt limit authorized (b) 1,729,440,635 259,416,095 None 259,416,095 0% Source : City of Hermosa Beach - Finance Department (a) Per California Government Code Section 43605 (b) The City has no debt payable from taxes levied upon property in the City. 99 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 City of Hermosa Beach Statement of Direct and Overlapping Debt June 30, 1997 (Unaudited) 1996-1997 Assessed Valuation : DIRECT AND OVERLAPPING BONDED DEBT : Los Angeles County Detention Facilities 1987 Debt Service Los Angeles County Flood Control Storm Drain Debt Service Flood Control Ref. Bonds 1993 Debt Service Metropolitan Water District Debt Service * 1996/97 Net Assessed Valuation : $ 1,698,628,302 Debt to Assessed Valuation Ratios : Direct Debt Overlapping Debt Total Debt Gross Bonded Debt Balance $ 62,345,000 26,590,000 271,370,821 27,545,000 0.00% 0.05% 0.05% Percent Applicable to City 0.347% 0.355% 0.192% 0.355% Net Bonded Debt $ 216,277 94,521 521,998 97,916 $ 930,712 Source : HdL Coren & Cone, Los Angeles County Assessor Combined 1995/96 Lien Date Tax Rolls This report reflects general obligation debt which is being repaid through voter -approved indebtedness. It excludes revenue, mortgage revenue, tax allocation bonds, interim financing obligations, non -bonded capital lease obligations, and certificates of participation. * This fund is a portion of a larger agency, and is responsible for debt in areas outside the City. loo City of Hermosa Beach Demographic Statistics June 30, 1997 Last Ten Fiscal Years (Unaudited) Fiscal Year (b) (c) (d) (a) Per Capita Unemployment School Population Income Rate Enrollment 1987-1988 19,757 $ 25,950 3.4% 1,108 1988-1989 19,764 3.3 1,159 1989-1990 19,673 33,510 3.8 1,173 1990-1991 18,286 6.0 993 1991-1992 18,414 7.0 798 1992-1993 18,595 6.8 732 1993-1994 18,714 2.6 778 1994-1995 18,598 1.9 760 1995-1996 18,681 2.1 887 1996-1997 18,919 1.8 1,324 Data Source : (a) State of California Department of Finance, estimated population. (b) U.S. Department of Commerce, Bureau of the Census, estimated per capita income available approximately every two years through 1989-90. Next scheduled available will be the year 2000. (c) State of California Employment Development Department. Expressed as a percentage, estimated based on ratio to County movement since 1980 and 1990 Census. (d) State Department of Education. 101 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 City of Hermosa Beach Construction Value, Property Value and Bank Deposits June 30,1997 Last Ten Fiscal Years (Unaudited) Residential Number of Fiscal Year Permits Valuation 1987-1988 1988-1989 1989-1990 1990-1991 1991-1992 1992-1993 1993-1994 1994-1995 1995-1996 1996-1997 234 $ 13,735,644 229 15,911,529 293 17,707,285 254 21,057,952 242 10,587,184 265 6,162,969 259 3,085,519 236 3,681,282 316 7,643,660 363 12,034,307 Commercial Number of Permits Valuation 33 $ 867,180 38 3,630,235 38 397,350 46 530,150 72 686,949 65 986,546 47 1,124,332 71 1,296,815 75 1,840,624 67 4,508,672 Total Assessed Valuation $ 1,050,617,460 1,112,969,023 1,258,482,588 1,414,398,17/ 1,541,561,154 1,636,787,966 1,669,796,728 1,695,858,071 1,698,396,902 1,729,440,635 Bank Deposits (in thousands) $ 109,485 144,798 148,834 155,121 173,714 134,562 128,161 129,866 135,486 146,695 Source : Construction values - City of Hermosa Beach Department of Building and Safety. Bank Deposits - Findley Reports (includes Savings and Loans) 102 City of Hermosa Beach Schedule of Insurance June 30,1997 (Unaudited) Company & Policy Number Fidelity & Deposit #30285009-2 Merchant Bonding Co. CA 207053 Fidelity & Deposit #09569182-1 Fidelity & Deposit #30487083 Fidelity & Deposit #30486336 General Reinsurance XDO83D (limit $10 million) Fireman's Fund XLX-165-7942 (limit statutory above $20 million) Independent Cities Risk Management Authority (ICRMA) # CAPL 1009 Federal Insurance Company #659-30-07 Federal Insurance Company #659-30-03 Fidelity & Deposit #30285086 Policy Period 11-12-95/99 1-29-96/1-28-:00 7-1-95/98 1-3-94/97 11-24-96/97 7-1-96/97 7-1-96/97 7-1-96/97 7-1-96/97 11-7-96/97 Lim?*s & Coverages $10,000 Public officials bond for Elaine Doerfling as City Clerk. $10,000 Notary bond for Naoma Valdes, Deputy City Clerk. $25,000 Public Employee dishonest clause (blanket bond) $2,500 deductible. $100,000 Public officials bond for Stephen R. Burrell as City Manager. $100,000 Public officials bond for John Workman as City Treasurer. Statutory Excess Workers' Compensation $1 million Employers' Liability $300,000 S.I.R. Annual Premium $ 355 (4 yr. prepaid) $ 30 (4 yr. prepaid) $ 1,617 (3 yr. prepaid) $ 946 (3 yr. prepaid) $ 500 $ 11,478 Excess Liability Insurance $250,000 S.I.R. $ 187,212 $10 million limit for Bodily Injury or Property Damage or Personal Injury or Public Officials' E&Q. Comprehensive & Collision Coverage with $5,000 deductible for Scheduled High Value Vehicles. "All risk" of Direct Physical Loss or Damage, excluding Flood and Earthquake, to Real and Personal Property, EDP Equipment, Media and Extra Expense, Rents and Mobile Equipment. $100,000 Public Official Bond for Viki Copeland as Finance Director. Source : City of Hermosa Beach - Finance Department 103 $ 5,000 $ 15,871 $ 500 t 1 City of Hermosa Beach 1997 Top Property Taxpayers June 30, 1997 (Unaudited) Owner (Number of Parcels) JMB Income Properties Limited XII (7) Federal Deposit Insurance Corporation (1) Playa Pacifica Limited (2) Allen H. Ginsburg Trust (2) Cheng Yi Chang (2) Roger E. Bacon (4) Vasek Polak (15) Simon Mani (2) California Water Service Company (4) George L. Schuler Trust (1) Assessed Value $ 18,884,683 11,475,000 10,284,955 8,573,156 6,584,514 4,903,368 4,724,558 3,574,074 3,263,703 3,260,000 Estimated Total Tax $ 38,483 23,384 20,959 17,470 13,418 9,992 9,628 7,283 6,651 6,643 Average Tax Ratio Source : HdL Coren & Cone, Los Angeles County Assessor Combined Tax Rolls 104 0.204% 0.204% 0.204% 0.204% 0.204% 0.204% 0.204% 0.204% 0.204% 0.204% City of Hermosa Beach Top 25 Sales Tax Producers * June 30, 1997 (Unaudited) Business Name Becker Surfboards Bottle Inn Ristorante Cafe Boogaloo California Beach Casey's Premium Cars Chase Manhattan Auto Finance Corp. Club Sushi Inc. ET Surfboards Eframs Mobil Financial Services Vehicle Trust GB Import Sales & Service Hennesseys Tavern Jama Auto House Kims Union Gas Station Learned Lumber Luckys Okells Fireplace Ralphs Richard M Pola & Associates Inc. Rocky Cola Say On Drugs Vasek Polak BMW Vasek Polak Enterprises Inc. Vasek Polak Porsche Audi VW Vons Percent of City Total Paid By Top 25 Accounts =14.86% Business Category Sporting Goods/Bike Stores Restaurants Beer and Wine Restaurants Beer and Wine Restaurants Beer and Wine Used Automotive Dealers Auto Lease Restaurants Liquor Sporting Goods/Bike Stores Service Stations Auto Lease Used Automotive Dealers Restaurants Liquor Used Automotive Dealers Service Stations Lumber/Building Materials Grocery Stores Liquor Home Furnishings Grocery Stores Liquor Textiles/Furnishings Fast Food Drug Stores New Motor Vehicle Dealers New Motor Vehicle Dealers New Motor Vehicle Dealers Grocery Stores Liquor Source : Hinderliter, de Llamas & Associates, State Board of Equalization * Firms Listed Alphabetically Period: April 96 thru March 97 105 City of Hermosa Beach Major Employers June 30,1997 (Unaudited) Name City of Hermosa Beach Hope Chapel Vasek Polak, Inc. Von's Hermosa Beach Unified School District Lucky's Ralph's Hennessey's Tavern Rocky Cola Body Glove Club Sushi Source City of Hermosa Beach - Finance Department Type of Business Local Government Church Automobile Sales/Service Grocery Store Public Schools Grocery Store Grocery Store Restaurant/Liquor Fast Food Sports Apparel/Manufacturer Restaurant/Liquor City of Hermosa Beach Taxable Sales by Category (in thousands) June 30,1997 Last Ten Calendar Years (Unaudited) Sales 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 Retail Stores : Apparel Stores $ 2,110 $ 2,093 $ 2,482 $ 2,272 $ 2,474 $ 2,506 $ 2,017 $ 2,873 $ 3,074 $ 4,179 Food Stores 17,876 17,166 18,053 17,970 18,516 18,318 15,824 17,529 17,955 18,662 Packaged liquor stores 2,110 2,212 2,400 2,385 2,127 1,955 1,808 1,728 1,610 1,531 Eating and drinking places 28,364 30,805 30,917 30,718 28,437 28,459 27,766 30,499 32,631 35,252 Home furnishing and appliances 2,877 1,852 2,199 2,203 1,721 1,668 1,636 1,892 2,145 3,122 Building materials and farm tools 8,140 9,402 10,971 9,813 8,449 7,296 7,517 8,663 8,799 9,051 Automobile dealers and supplies 33,464 44,948 48,628 42,510 28,487 24,911 24,968 24,584 25,532 30,914 Service stations 5,085 (a) 4,919 5,284 5,623 (a) (a) (a) (a) (a) Other, including drug stores 20,914 27,892 23,796 24,125 22,103 26,796 22,710 23,498 23,646 24,614 TOTAL RETAIL STORES 120,940 136,370 144,365 137,280 117,937 111,909 104,246 111,266 115,392 127,325 All other outlets 14,946 14,136 16,028 17,333 16,681 15,635 16,774 16,760 18,283 18,633 TOTAL ALL OUTLETS $ 135,886 $ 150,506 $ 160,393 $ 154,613 $ 134,618 $ 127,544 $ 121,020 $ 128,026 $ 133,675 $ 145,958 Source : State Board of Equalization. (a) -'Service stations were not separately identified. 107 City of Hermosa Beach Miscellaneous Statistics June 30, 1997 (Unaudited) Date of Incorporation January 14, 1907 Form of Government Council -Member Area 1.3 square miles Miles of streets 41 Number of street lights 588 (city owned) 818 (electric utility) Fire Protection : Number of stations 1 Number of firefighters and paramedics 18 Police Protection : Number of stations 1 Number of sworn officers 35 Sanitary sewers 24 miles Buildings permits issued 391 Recreation and culture : Number of parks 20 with 21.70 acres Beach 36.52 acres Hermosa Valley Green Belt (open space park) 19.50 acres Community Theatre 1 Employees : Full-time 127 Source : City of Hermosa Beach - Finance Department 108 -d 1 Lot" 4046)17 sc9R 14-• •' a OWNER'S STATEMENT SHEET I OF 2 SHEETS TACT \0, 52295 IN THE CITY OF HERMOSA BEACH COUNTY OF LOS ANGELES STATE OF CALIFORNIA BEING A SUBDIVISION OF LOTS 38 AND 39, BLOCK 48 OF THE FIRST ADDITION TO HERMOSA BEACH, AS PER MAP RECORDED IN BOOK 1 PAGES 59 AND 60 OF MAPS: AND LOT 42, TRACT No. 1068, AS PER MAP RECORDED IN BOOK 17, PAGE 133 OF MAPS, ALL IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY. FOR CONDOMINIUM PURPOSES WE HEREBY STATE THAT WE ARE THE OWNER OF OR ARE INTERESTED IN THE LANDS INCLUDED WITHIN THE SUBDIVISION SHOWN ON THIS MAP WITHIN THE DISTINCTIVE BORDER LINES, AND WE CONSENT TO THE PREPARATION AND FILING OF SAID MAP AND SUBDIVISION. tioger vtEl.1 caJc7oMIIJIdM, IIJG. A CAu raft J ID. c n. poR.crlo,J (ow kleiz) lC M (!a �flCK flG$/D611r }I61. tr+}ow lEeakt IJOre,73r5F5 CI'EsJEflony ) RECORD HOLDER OF BENEFICIAL INTEREST UNDER DEED OF TRUST RECORDED JJiJe.l2, 1997 AS INSTRUMENT No. 9-1-8.76447", OFFICIAL RECORDS. (o t LLt 4 rn 2. 4 Q.o ca h( R.. l•1. t 1 t cam._ ,1 t cE Pees tJ &P �e iLOZ � t CE sta c,n- a STATE OF CALIFORNIA ) 5S. COUNTY OF LOS ANGELES ) ON QLTO6ER !o , 1997 BEFORE ME, COWL A_Vats° , PERSONALLY APPEARED KIM KOHLCIG PERSONALLY KNOWN TO ME OR PROVED TO ME ON THE BASIS OF SATISFACTORY EVIDENCE TO BE THE PERSON WHOSE NAME iS SUBSCRIBED" TO MIL WITHIN INSTRUMENT AND ACKNOWLEDGED THAT 3HE EXECUTED THE SAME IN }MBM UTHORIZED CAPACITY AND THAT BY 141S' SIGNATURE ON THE INSTRUMENT THE PERSON OR THE ENTITY UPON BEHALF OF WHICH THE PERSON ACTED, EXECUTED THE INSTRUMENT. 4% NOTARY ' UBLIC IN AN FOR SASTATE STATE OF CALIFORNIA ) NAME: Ck4ER`(L R•VA,RbO -- MY PRINCIPAL PLACE OF BUSINESS 1SIN LOS ANGELES COUNTY MY COMMISSION EXPIRES 01-t$ -01 65. COUNTY OF LOS ANGELES ) ON 3ctb3EZlt,1 ' 19%1 BEFORE ME,`0 (EL.Uk , PERSONALLY APPEARED W tLLttm Q- b2.-ot. ti1, ISe-CC , PERSONALLY KNOWN TO ME OR PROVED TO ME ON THE BASIS OF SATISFACTORY EVIDENCE TO BE THE PERSONS WHOSE NAME$a&ESUBSCRIBED TO THE WITHIN INSTRUMENT AND ACKNOWLEDGED THATTHQ' EXECUTED THE SAME INTHStR, AUTHORIZED CAPACIT'K,SAND THAT BY11-11614SIGNATURE5 ON THE INSTRUMENTPERSON THE ENTITY UPON BEHALF OF WHICH THE PERSONS ACTED, EXECUTED THE INSTRUMENT. NOTARY PUBLIC IN AND FOR SAID STATE NAME: Rexl ae L3 -^-c1 MY PRINCIPAL PLACE OF BUSINESS IS IN LOS ANGELES COUNTY MY COMMISSION EXPIRES_=a q.8 • THE SIGNATURE OFAWARREN GILLELEN, EASEMENT HOLDER BY DEED RECORDED IN BOOK 1617 PAGE 47 OF DEEDS HAS BEEN OMITTED UNDER PROVISIONS OF SECTION 66436, SUBSECTION (a) 3(A) (I -VIII) OF THE SUBDIVISION MAP ACT, THEIR INTEREST IS SUCH THAT IT CANNOT RIPEN INTO A FEE TITLE AND SIGNATURES ARE NOT REQUIRED BY THE LOCAL AGENCY. SAID EASEMENT IS BLANKET IN NATURE. THE SIGNATURE OF BANDINI PETROLEUM COMPANY, A CORPORATION, SUCCESSOR OR ASSIGNEg, THE OWNERS OF THE LEASEHOLD ESTATE UNDER AN OIL AND GAS LEASE RECORDED APRIL I, 1958, AS INSTRUMENT No. 3583, IN BOOK MI, PAGE 756, OFFICIAL RECORDS, 1-1,4°J t"C-E11/41 c lITTE9 UNDER THE PROVISIONS OF SECTION 66436 (a)3C OF THE SUBDIVISION MAP ACT. ENGINEER'S STATEMENT I HEREBY STATE THAT I AM A REGISTERED CIVIL ENGINEER OF THE STATE OF CALIFORNIA, THAT THIS FINAL MAP CONSISTING OF 2 SHEETS, IS A TRUE AND COMPLETE SURVEY AS SHOWN AND WAS MADE BY ME OR UNDER MY DIRECTION ON 6-13-97 :THAT THE MONUMENTS OF THE CHARACTER AND LOCATIONS SHOWN HEREON ARE IN PLACE THAT SAID MONUMENTS ARE SUFFICIENT TO ENABLE THE SURVEY TO BE RETRACED. EDWARD G. SHWEIRI BASIS OF BEARINGS RCE 11284 EXPIRATION: 12-31-00 JAN 20 1996 4. .2. a.syw\ W3 �q No. 11284 EXP. 12-31-00 THE BEARINGS SHOWN HEREON ARE BASED ON THE BEARING +J *-77`14,4711E- of WE QI&I.t-ror-L.JAY LINE of 101i1 e1Yfrr A°, SHOW) Otl 1P -ACT fib. IO(y2,3 MPS. 11-(tt. CITY TREASURES CERTIFICATE 1 HEREBY CERTIFY THAT ALL SPECIAL ASSESSMENTS LEVIED UNDER THE JURISDICTION OF THE CITY OF HERMOSA BEACH, TO WHICH THE LAND INCLUDED IN THE WITHIN SUBDIVISION OR ANY PART THEREOF IS SUBJECT, AND WHICH MAY BE PAID IN FULL HAVE BEEN PAID IN FULL. DATE CITY CLERK OF THE CITY OF HERMOSA BEACH i CITY CLERKS CERTIFICATE 1 CERTIFY THAT THE CITY COUNCIL OF THE CITY OF HERMOSA BEACH, BY MOTION ADOPTED AT ITS SESSION ON THE DAY OF 1998, APPROVED THE ANNEXED MAP. DATE CITY CLERK OF THE CITY OF HERMOSA BEACH CITY ENGINEER'S CERTIFICATE I HEREBY CERTIFY THAT I HAVE EXAMINED THIS MAP AND THAT IT CONFORMS SUBSTANTIALLY TO THE TENTATIVE MAP AND ALL APPROVED ALTERATIONS THEREOF: THAT ALL PROVISIONS OF LOCAL SUBDIVISION ORDINANCES OF THE CITY OF HERMOSA BEACH, APPLICABLE AT THE TIME OF APPROVAL OF THE TENTATIVE MAP HAVE BEEN COMPLIED WITH: AND THAT I AM SATISFIED THAT THIS MAP IS TECHNICALLY CORRECT WITH RESPECT TO CITY RECORDS. HARRY M. STONE CITY ENGINEER DATE DEPUTY RCE:20273 EXPIRATION: 9-50- COUNTY ENGINEER'S CERTIFICATE 1 HEREBY CERTIFY THAT I HAVE EXAMINED THIS MAP; THAT IT COMPLIES WITH ALL PROVISIONS OF STATE LAW, APPLICABLE AT THE TIME OF APPROVAL OF THE TENTATIVE MAP: AND THAT I AM SATISFIED THAT THIS MAP ISa.CORRECT IN ALL RESPECTS NOT CERTIFIED BY THE CITY ENGINEER. `re -of A//c4e-cr 2,,—a DATE COUNTY ENGINEER - BY DEPUTY RCE: EXPIRATION: I HEREBY CERTIFY THAT THE ANNEXED MAP CONFORMS SUBSTANTIALLY 70 THE TENTATIVE MAP APPROVED BY THE PLANNING COMMISSION ON THE DAY OF. 1996 DATE 8Y THE SECRETARY OF THE PLANNING CITY OF HERMOSA BEACH THIS SUBDIVISION IS APPROVED AS A CONDOMINIUM PROJECT FOR 8 UNITS WHEREBY THE OWNERS OF THE UNITS OF AIR SPACE WILL HOLD AN UNDIVIDED INTEREST IN THE COMMON AREAS WHICH WILL, IN TURN, PROVIDE THE NECESSARY ACCESS AND UTILITY EASEMENTS FOR THE UNITS. SCALE: I " = 20' SHEET 2 OF 2 SHEETS FOUND NAIL 8 TAG (LS 5909), NO REF., ACCEPTED AS INTERSECTION OF THE N'LY LINE OF TRACT No. 1068, M.B. 17-133 AND THE CENTERLINE OF BAY VIEW DRIVE. TACT \0, 52295 Id' cr I0' 10' LU 0 2.00' 0 ai 0' 0 2 10' 2.00' 6' 0 0 N I CITY OF HERMOSA BEACH COUNTY OF LOS ANGELES STATE OF CALIFORNIA FOR CONDOMINIUM PURPOSES a 8 m e INDICATES THE BOUNDARY OF THE LAND BEING SUBDIVIDED BY THIS MAP p.GC o PTt2 AC N'LY LINE OF TRACT No. 1068, M.B. 17-133, • ESTAB. PARALLEL TO 10th STREET THROUGH FOUND MONUMENT. IJ 77.5c;00.0° V \ 150.08 SET SPIKE ,CIJO WASHER 'RCE IJo I 1284 too. o(t ' NOT A PART OF THIS SUBDIVISION S'LY LINE OF LOT 41 -1-r 1,6,1068 M.B. 17-133 ESTAB. BY PRORATION N 77°50'00"E 150.06' Vd..77'5o'Gt9°>✓ loo o(r' 100.06' i A = 10,916 S.F. S'LY LINE OF TRACT No. 1068, M.B. 17-133, ESTAB. AT RECORD ANGLE AND DISTANCE FROM THE N'LY RIGHT-OF-WAY LINE OF 10th STREET Pet eAtO VAC: • • 100.05' N 77°50'00"E SET SPIKE AtJO WASHER RCE yJo. 11284 A N 77°50'0041E \-FD. NAL W/4 NAIL STRADS PER PM 11814 PMB119/7-8 • e T 3 it d- -48 c1 8 0 m 4 15.00' 0 N I2°08'45"W 15.00' 40' 11111 ccij g f 2° e'u V ''C PL1chi 410..A .r 0) m SET LEAD MJO TAG RCE IJP. 11284 101 .r 40' SET LEAD Atlp TAG RCE too. 11284 150.05' 150.05' 0 A -* 10 TH STREET N I2°O8'45'W . r 40' BOULEVARD r, MONTEREY FD. PK NAIL, NO+REF„ ACCEPTED AS INTERSECTION OF THE N'LY LINE OF TRACT No. 1068, M.B. 13-133 AND THE CENTERLINE OF MONTEREY BOULEVARD. LOST DURING CONSTRUCTION. 40' FD. 2"BRASS DISC FLUSH PER C.E. F.B. 40-A r 2 LOTS TOTAL AREA = 0.72 ACRES TRACT No. 52158 IN THE CITY OF HERMOSA BEACH STATE OF CALIFORNIA BEING A SUBDIVISION OF LOTS 1 THROUGH 10 AND LOTS 30 AND 31 1N BLOCK 14 OF HERMOSA BEACH, IN THE CITY OF HERMOSA BEACH, IN THE COUNTY OF LOS ANGELES, STATE OF CALIFORNIA, AS PER MAP RECORDED IN BOOK 1, PAGES 25 AND 26 OF MAPS IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY. FOR CONDOMINIUM PURPOSES OWNER'S STATEMENT WE HEREBY STATE THAT WE ARE THE OWNERS OF OR ARE INTERESTED IN THE LAND INCLUDED WITHIN THE SUBDIVISION SHOWN ON THIS MAP WITHIN THE DISTINCTIVE BORDER LINES, AND WE CONSENT TO THE PREPARAT;ON AND FILING OF SAID MAP AND SUBDIVISION. RESORT SEAVIEW/HERMOSA, LLC, A CALIFORNIA LIMITED LIABILITY COMPANY, OWNER 14 BY: chgor les rr A-eer44111-- BY: Manager HOUSING CAPITAL COMPANY, A MINNESOTA PARTNERSHIP, BENEFICIARY UNDER DEED OF TRUST RECORDED MARCH 31, 1997, AS INSTRUMENT NO. 97-483898 BY DFP FINANCIAL, INC., A CALIFORNIA BY: enifin 4. Lamson Vice. Bresiden1- CORPORATION, GENERAL PARTNER. Y: '5 -an 1e u) Gl 1 Sr. Vic". Presidcr,i- STATE OF CALIFORNIA) COUNTY OF LOS ANGELES) SS Santa. c- //a. &. 11,7 , ON /O -do- 9' 7 BEFORE ME lhn/! red /rl. EeryN.e,,fl A NOTARY PUBLIC IN AND FOR SAID COUNTY AND STATE, PERSONALLY APPEARED Char Ies ,r: keene,� .7TL , AND PERSONALLY KNOWN TO ME (OR PROVED TO ME ON THE BASIS OF SATISFACTORY EVIDENCE) TO BE THE PERSON(S) WHOSE NAME(S) IS/ARE SUBSCRIBED TO THE WITHIN INSTRUMENT AND ACKNOWLEDGED TO ME THAT HE/SHE/THEY EXECUTED THE SAME IN HIS/HER/THEIR AUTHORIZED CAPACITY(IES), AND THAT BY HIS/HER/THEIR SIGNATURE(S) ON THE WITHIN INSTRUMENT THE PERSON(S). OR THE ENTITY UPON BEHALF OF WHICH PERSON(S) ACTED. EXECUTED THE INSTRUMENT. WITNtOEXPI&9 SS MY HAND AND OFFFICIAL SEAL - -��Q MY PLACE OF BUSINESS ISSi is _aro. COUNTY. CAL1 WI) IA STATE OF #N 4j COUNTY OF SAN MItrtc ) SS ON ..r 22,10611 BEFORE ME Ro.ry K..Owe-ncOM A NOTARY PUBLIC IN AND' FOR SAID COUNTY AND STATE, PERSONALLY APPEARED KCIs4V\Vf A.A./at-tsar. , AND PERSONALLY KNOWN TO ME (OR PROVED TO ME ON THE BASIS OF SATISFACTORY EVIDENCE) TO BE THE PERSON(S) WHOSE NAME(S) IS/ARE SUBSCRIBED TO THE WITHIN INSTRUMENT AND ACKNOWLEDGED TO ME THAT HE/SHE/THEY EXECUTED THE SAME IN HIS/HER/THEIR AUTHORIZED CAPACITY(IES), AND THAT BY HIS/HER/THEIR SIGNATURE(S) ON THE WITHIN INSTRUMENT THE PERSON(S). OR THE ENTITY UPON BEHALF OF WHICH PERSON(S) ACTED. EXECUTED THE INSTRUMENT. WITNESS MY HAND AND OFFICIAL SEAL MY COMM I ION EXPIRES:__$2 -_ON MY PLACE F BUSINESS IS:,Scan COUNTY. c STATE OF CALIFORNIA) COUNTY OF ORANGE ) SS ON Tan"9'4 MB BEFORE ME, Gi ' C. QPDS 5 A NOTARY PUBLICTIN AN FOR SAID COUNTY AND STATE, PERSONALLY APPEARED 3c'" 'd. TCWf,I1 , AND PERSONALLY KNOWN TO ME (OR PROVED TO ME ON THE BASIS OF SATISFACTORY EVIDENCE) TO BE THE PERSON(S) WHOSE NAME(S) IS/ARE SUBSCRIBED TO THE WITHIN INSTRUMENT AND ACKNOWLEDGED TO ME THAT HE/SHE/THEY EXECUTED THE SIGNATURE(S) ON THE WITHIN INSTRUMENT THE PERSON(S). OR THE ENTITY UPON BEHALF OF WHICH PERSON(S) ACTED. EXECUTED THE INSTRUMENT. WITNESS MY HAND AND OFFICIAL SEAL MY MISSION EXPIRES: MY PLACE OF BUSINESS IS. rag- COUNTY. 054-/57(A/746 4/B3-5) -0/ SURVEYOR'S STATEMENT SUPE YENT4L 4 INFORMATION rl SHEET 1 OF 2 SHEETS RECEIVED JAN 2 7 1998 COM. DEV. DEPT. I HEREBY STATE THAT I AM A LICENSED LAND SURVEYOR OF THE STATE OF CALIFORNIA; THAT THIS FINAL MAP, CONSISTING OF 2 SHEETS, IS A TRUE AND COMPLETE SURVEY AS SHOWN, AND WAS MADE BY ME OR UNDER MY DIRECTION JANUARY 15, 1997; THAT THE MONUMENTS OF THE CHARACTER AND LOCATIONS SHOWN HEREON ARE IN PLACE OR WILL BE IN PLACE WITHIN TWENTY-FOUR MONTHS FROM THE FILING DATE OF THIS MAP; THAT SAID MONUMENTS ARE SUFFICIENT TO ENABLE THE SURVEY TO BE RETRACED AND THAT TIE NOTES TO ALL CENTERLINE MONUMENTS SHOWN AS "TO BE SET" WILL BE ON FILE IN THE OFFICE OF THE CITY ENGINEER WITHIN TWENTY-FOUR MONTHS FROM THE FILING DATE SHOWN HEREON. ROBERT C. OLSON, P.L.S. 5490 PSOMAS AND ASSOCIATES BASIS OF BEARINGS: Set 97 DATE `NPI LANA ct X2 0 * No. 5490 * Exp. 9-30-20o�Q OF CA1.\F THE BEARING N 16'15'00" W OF THE CENTERLINE OF "THE STRAND" AS SHOWN ON A MAP OF "HERMOSA BEACH" RECORDED IN BOOK 1, PAGES 25 AND 26 OF MAPS WAS TAKEN AS THE THE BASIS OF BEARINGS SHOWN ON THIS MAP. SIGNATURE OMISSIONS: THE SIGNATURES OF THE FOLLOWING OIL AND MINERAL RIGHTS HOLDERS HAVE BEEN OMITTED UNDER THE PROVISIONS OF SECTION 66436, SUBSECTION (a) 3C OF THE SUBDIVISION MAP ACT IN AS MUCH AS SAID SIGNATURES ARE NOT REQUIRED BY THE HERMOSA BEACH CITY COUNCIL: CARL NICOIAN AND MALENA NIGOIAN, SUCCESSOR OR ASSIGNEE, THE OWNERS OF OIL AND MINERAL RIGHTS BY A DEED RECORDED SEPTEMBER 3, 1971 AS INSTRUMENT NO. 1176, OFFICIAL RECORDS, RECORDS OF LOS ANGELES COUNTY. ALEX D. FRED AND YSRELLA FRED, SUCCESSOR OR ASSIGNEE, THE OWNERS OF OIL AND MINERAL RIGHTS BY A DEED RECORDED MAY 26, 1989 AS INSTRUMENT NO. 89-854249, OFFICIAL RECORDS, RECORDS OF LOS ANGELES COUNTY. JOSEPH R. LOWENSTEIN AND GAIL S. LOWENSTEIN, SUCCESSOR OR ASSIGNEE, THE OWNERS OF OIL AND MINERAL RIGHTS BY A DEED RECORDED MAY 26, 1989 AS INSTRUMENT NO. 89-854250, OFFICIAL RECORDS, RECORDS OF LOS ANGELES COUNTY. WILLIAM M. SINES, ET AL, SUCCESSOR OR ASSIGNEE, THE OWNERS OF OIL AND MINERAL RIGHTS BY A DEED RECORDED JULY 6, 1989 AS INSTRUMENT NO. 89-1078531, OFFICIAL RECORDS, RECORDS OF LOS ANGELES COUNTY. MAC PHERSON OIL COMPANY, A CALIFORNIA CORPORATION, SUCCESSOR OR ASSIGNEE, THE OWNERS OF THE LEASEHOLD ESTATE UNDER AN OIL AND GAS LEASE RECORDED DECEMBER 7, 1989 AS INSTRUMENT NO. 89-1965800, OFFICIAL RECORDS, RECORDS OF LOS ANGELES COUNTY. THE SIGNATURES OF THE FOLLOWING EASEMENT HOLDERS HAVE BEEN OMITTED UNDER THE PROVISIONS OF SECTION 66436, SUBSECTION (c) 3A (I -VIII OF THE SUBDIVISION MAP ACT; THEIR INTEREST IS SUCH THAT IT CANNOT RIPEN INTO A FEE TITLE AND SAID SIGNATURES ARE NOT REQUIRED BY THE HERMOSA BEACH CITY COUNCIL: WARREN GILLELEN, EASEMENT HOLDER(S) BY DEED(S) RECORDED IN BOOK 1617 PAGE 47 OF DEEDS, RECORDS OF LOS ANGELES COUNTY. SAID EASEMENT IS BLANKET IN NATURE. CITY CLERK'S STATEMENT: I HEREBY CERTIFY THAT THE CITY COUNCIL OF THE CITY OF HERMOSA BEACH BY MOTION ADOPTED AT ITS SESSION ON ,1997, APPROVED THE ANNEXED MAP. ELAINE DOERFLING, CITY CLERK OF THE CITY OF HERMOSA BEACH DATE I HEREBY CERTIFY THAT THE ANNEXED MAP CONFORMS SUBSTANTIALLY TO THE TENTATIVE MAP APPROVED BY THE CITY COUNCIL ON THE DAY OF , 1996. SOL BLUMENFELD, SECRETARY OF PLANNING DATE CITY OF HERMOSA BEACH CITY ENGINEER'S CERTIFICATE: I HEREBY CERTIFY THAT I HAVE EXAMINED THIS MAP AND THAT IT CONFORMS SUBSTANTIALLY TO THE TENTATIVE MAP AND ALL APPROVED ALTERATIONS THEREOF; THAT ALL PROVISIONS OF THE SUBDIVISION ORDINANCES OF THE CITY OF HERMOSA BEACH APPLICABLE AT THE TIME OF APPROVAL OF THE TENTATIVE MAP HAVE BEEN COMPLIED WITH; AND THAT I AM SATISFIED THAT THIS MAP IS TECHNICALLY CORRECT WITH RESPECT TO CITY RECORDS. CITY ENGINEER OF THE CI OF HERMOSA BEACH DATE R.C.E.2R271__ EXPIRES: - So -°t CITY TREASURER'S CERTIFICATE: I HEREBY CERTIFY THAT ALL SPECIAL ASSESSMENTS LEVIED UNDER THE JURISDICTION OF THE CITY OF HERMOSA BEACH TO WHICH THE LAND INCLUDED IN THE WITHIN SUBDIVISION OR ANY PART THEREOF IS SUBJECT, AND WHICH MAY BE PAID IN FULL, HAVE BEEN PAID IN FULL. JOHN WORKMAN, CITY TREASURER OF THE CITY OF HERMOSA BEACH DATE 2 LOTS TOTAL AREA = 0.72 ACRES TRACT No»52158 IN THE CITY OF HERMOSA BEACH STATE OF CALIFORNIA BEING A SUBDIVISION OF LOTS 1 THROUGH 10 AND LOTS 30 AND 31 1N BLOCK 14 OF HERMOSA BEACH, IN THE CITY OF HERMOSA BEACH, IN THE COUNTY OF LOS ANGELES, STATE OF CALIFORNIA, AS PER MAP RECORDED IN BOOK 1, PAGES 25 AND 26 OF MAPS IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY. FOR CONDOMINIUM PURPOSES OWNER'S STATEMENT WE HEREBY STATE THAT WE ARE THE OWNERS OF OR ARE INTERESTED IN THE LAND INCLUDED WITHIN THE SUBDIVISION SHOWN ON THIS MAP WITHIN THE DISTINCTIVE BORDER LINES, AND WE CONSENT TO THE PREPARATION AND FILING OF SAID MAP AND SUBDIVISION. RESORT SEAVIEW/HERMOSA, LLC, A CALIFORNIA LIMITED LIABILITY COMPANY, OWNER lQAA4 241 a.---edc".ar--- BY: [ het. Y les re keerL441'r BY: M ana9 er HOUSING CAPITAL COMPANY, A MINNESOTA PARTNERSHIP, BENEFICIARY UNDER DEED OF TRUST RECORDED MARCH 31, 1997, AS INSTRUMENT NO. 97-483898 BY DFP FINANCIAL, INC., A CALIFORNIA CORPORATION, GENERAL PARTNER. -- BY: jns,n A. Lamson Vice Presidenf- Y: Teal M . Tea.J et Sr. Viu- Presider-1- STATE resider-1 STATE OF CALIFORNIA) COUNTY OF LOS ANGELES) SS sn.rta c /A.V0.- ON i0 -„2p- 9' 7 BEFORE ME A✓r/t'irCo/ 4 Eery t, ,n A NOTARY PUBLIC IN AND FOR SAID COUNTY AND STATE, PERSONALLY APPEARED rho..r Irs ,-T. keanat+--7IL _, AND PERSONALLY KNOWN TO ME' (OR PROVED TO ME ON THE BASIS OF SATISFACTORY EVIDENCE) TO BE THE PERSON(S) WHOSE NAME(S) IS/ARE SUBSCRIBED TO THE WITHIN INSTRUMENT AND ACKNOWLEDGED TO ME THAT HE/SHE/THEY EXECUTED THE SAME IN HIS/HER/THEIR AUTHORIZED CAPACITY(IES), AND THAT BY HIS/HER/THEIR SIGNATURE(S) ON THE WITHIN INSTRUMENT THE PERSON(S). OR THE ENTITY UPON, BEHALF OF WHICH PERSON(S) ACTED. EXECUTED THE INSTRUMENT. WITNESS MY HAND AND OFFICIAL SEAL MY COMMISSIO EXPIRES:__ 42_01074 oqq MY PLACE OF BUSINESS IS rs__C/AYa,_ COUNTY. CALL FN o STATE OF COUNTY OF SAID MATE- ) SS ON O teVc% 22 W1 BEFORE ME�a..'rj _swanSon A NOTARY PUBLIC IN AND) FOR SAID COUNTY AND STATE, PERSONALLY APPEARED Krisfiv. A L oseserri , AND PERSONALLY KNOWN TO ME (OR PROVED TO ME ON THE BASIS OF SATISFACTORY EVIDENCE) TO BE THE PERSON(S) WHOSE NAME(S) IS/ARE SUBSCRIBED TO THE WITHIN INSTRUMENT AND ACKNOWLEDGED TO ME THAT HE/SHE/THEY EXECUTED THE SAME IN HIS/HER/THEIR AUTHORIZED CAPACITY(IES), AND THAT BY HIS/HER/TFIEIR SIGNATURE(S) ON THE WITHIN INSTRUMENT THE PERSON(S). OR THE ENTITY UPON BEHALF OF WHICH PERSON(S) ACTED. EXECUTED THE INSTRUMENT. WITNESS MY HAND AND OFFICIAL SEAL Irk C01M1 IO MYN EXPIRE 82ti.OS MY PLACE `gF BUSINESS IS:_,Son_LAALrea___ COUNTY. STATE OF CALIFORNIA) COUNTY OF ORANGE ) SS ON aar'"y Ti 1195 BEFORE ME, GLVS- C' POS5 A NOTARY PUBLIC IN A FOR SAID COUNTY AND STATE, PERSONALLY APPEARED 01-n M. Tc.We.11 , AND PERSONALLY KNOWN TO ME (OR PROVED TO ME ON THE BASIS OF SATISFACTORY EVIDENCE) TO BE THE PERSON(S) WHOSE NAME(S) IS/ARE SUBSCRIBED TO THE WITHIN INSTRUMENT AND ACKNOWLEDGED TO ME THAT HE/SHE/THEY EXECUTED THE SIGNATURE(S) ON THE WITHIN INSTRUMENT THE PERSON(S). OR THE ENTITY UPON BEHALF OF WHICH PERSON(S) ACTED. EXECUTED THE INSTRUMENT. WITNESS MY HAND AND OFFICIAL SEAL ft. MY PLACE OF BUSINESS IS: rn.wc COUNTY. MY MISSION EXPIRES: 054 -/57(A/746 4/63 -3 ) -0/ SURVEYOR'S STATEMENT SHEET 1 OF 2 SHEETS RECEIVED JAN 2 2 1998 COM. DEV. DEPT. 1 HEREBY STATE THAT I AM A LICENSED LAND SURVEYOR OF THE STATE OF CALIFORNIA; THAT THIS FINAL MAP, CONSISTING OF 2 SHEETS, IS A TRUE AND COMPLETE SURVEY AS SHOWN, AND WAS MADE BY ME OR UNDER MY DIRECTION JANUARY 15, 1997; THAT THE MONUMENTS OF THE CHARACTER AND LOCATIONS SHOWN HEREON ARE IN PLACE OR WILL BE IN PLACE WITHIN TWENTY-FOUR MONTHS FROM THE FILING DATE OF THIS MAP; THAT SAID MONUMENTS ARE SUFFICIENT TO ENABLE THE SURVEY TO BE RETRACED AND THAT TIE NOTES TO ALL CENTERLINE MONUMENTS SHOWN AS 'TO BE SET" WILL BE ON FILE IN THE OFFICE OF THE CITY ENGINEER WITHIN TWENTY-FOUR MONTHS FROM THE FILING DATE SHOWN HEREON. 686.77 BERT C. OLSON, P.L.S. 5490 DATE PSOMAS AND ASSOCIATES BASIS OF BEARINGS: a cp a LAN, C. y o No. 5490 rick Exp. 9-30-200C/\Q OF CO - THE BEARING N 16"15'00" W OF THE CENTERLINE OF "THE STRAND" AS SHOWN ON A MAP OF "HERMOSA BEACH" RECORDED IN BOOK 1, PAGES 25 AND 26 OF MAPS WAS TAKEN AS THE THE BASIS OF BEARINGS SHOWN ON THIS MAP. SIGNATURE OMISSIONS: THE SIGNATURES OF THE FOLLOWING OIL AND MINERAL RIGHTS HOLDERS HAVE BEEN OMITTED UNDER THE PROVISIONS OF SECTION 66436, SUBSECTION (a) 3C OF THE SUBDIVISION MAP ACT IN AS MUCH AS SAID SIGNATURES ARE NOT REQUIRED BY THE HERMOSA BEACH CITY COUNCIL: CARL NIGOIAN AND MALENA NIGOIAN, SUCCESSOR OR ASSIGNEE, THE OWNERS OF OIL AND MINERAL RIGHTS BY A DEED RECORDED SEPTEMBER 3, 1971 AS INSTRUMENT NO. 1176, OFFICIAL RECORDS, RECORDS OF LOS ANGELES COUNTY. ALEX D. FRED AND YSRELLA FRED, SUCCESSOR OR ASSIGNEE, THE OWNERS OF OIL AND MINERAL RIGHTS BY A DEED RECORDED MAY 26, 1989 AS INSTRUMENT NO. 89-854249, OFFICIAL RECORDS, RECORDS OF LOS ANGELES COUNTY. JOSEPH R. LOWENSTEIN AND GAIL S. LOWENSTEIN, SUCCESSOR OR ASSIGNEE, THE OWNERS OF OIL AND MINERAL RIGHTS BY A DEED RECORDED MAY 26, 1989 AS INSTRUMENT NO. 89-854250, OFFICIAL RECORDS, RECORDS OF LOS ANGELES COUNTY. WILLIAM M. SINES, ET AL, SUCCESSOR OR ASSIGNEE, THE OWNERS OF OIL AND MINERAL RIGHTS BY A DEED RECORDED JULY 6, 1989 AS INSTRUMENT NO. 89-1078531, OFFICIAL RECORDS, RECORDS OF LOS ANGELES COUNTY. MAC PHERSON OIL COMPANY, A CALIFORNIA CORPORATION, SUCCESSOR OR ASSIGNEE, THE OWNERS OF THE LEASEHOLD ESTATE UNDER AN OIL AND GAS LEASE RECORDED DECEMBER 7, 1989 AS INSTRUMENT NO. 89-1965800, OFFICIAL RECORDS, RECORDS OF LOS ANGELES COUNTY. THE SIGNATURES OF THE FOLLOWING EASEMENT HOLDERS HAVE BEEN OMITTED UNDER THE PROVISIONS OF SECTION 66436, SUBSECTION (a) 3A (I -VIII OF THE SUBDIVISION MAP ACT; THEIR INTEREST IS SUCH THAT IT CANNOT RIPEN INTO A FEE TITLE AND SAID SIGNATURES ARE NOT REQUIRED BY THE HERMOSA BEACH CITY COUNCIL: WARREN GILLELEN, EASEMENT HOLDER(S) BY DEED(S) RECORDED IN BOOK 1617 PAGE 47 OF DEEDS, RECORDS OF LOS ANGELES COUNTY. SAID EASEMENT IS BLANKET IN NATURE. CITY CLERK'S STATEMENT: I HEREBY CERTIFY THAT THE CITY COUNCIL OF THE CITY OF HERMOSA BEACH BY MOTION ADOPTED AT ITS SESSION ON ,1997, APPROVED THE ANNEXED MAP. ELAINE DOERFLING, CITY CLERK OF THE CITY OF HERMOSA BEACH DATE I HEREBY CERTIFY THAT THE ANNEXED MAP CONFORMS SUBSTANTIALLY TO THE TENTATIVE MAP APPROVED BY THE PLANNING COMMISSION ON THE DAY OF , 1997. SOL BLUMENFELD, SECRETARY OF PLANNING DATE CITY OF HERMOSA BEACH CITY ENGINEER'S CERTIFICATE: I HEREBY CERTIFY THAT I HAVE EXAMINED THIS MAP AND THAT IT CONFORMS SUBSTANTIALLY TO THE TENTATIVE MAP •AND ALL APPROVED ALTERATIONS THEREOF; THAT ALL PROVISIONS OF THE SUBDIVISION ORDINANCES OF THE CITY OF HERMOSA BEACH APPLICABLE AT THE TIME OF APPROVAL OF THE TENTATIVE MAP HAVE BEEN COMPLIED WITH; AND THAT I AM SATISFIED THAT THIS MAP IS TECHNICALLY CORRECT WITH RESPECT TO CITY RECORDS. , w , \-4,0.--"-cg- CITY CITY ENGINEER OF THE CI OF HERMOSA BEACH DATE R.C.E.2^o27_.3.___ EXPIRES: 2.-30 -oi 1 /21 198 CITY TREASURER'S CERTIFICATE: I HEREBY CERTIFY THAT ALL SPECIAL ASSESSMENTS LEVIED UNDER THE JURISDICTION OF THE CITY OF HERMOSA BEACH TO WHICH THE LAND INCLUDED IN THE WITHIN SUBDIVISION OR ANY PART THEREOF IS SUBJECT, AND WHICH MAY BE PAID IN FULL, HAVE BEEN PAID IN FULL. JOHN WORKMAN, CITY TREASURER OF THE CITY OF HERMOSA BEACH DATE SCALE: 1" = 30' to 0 N N 0 rn • FD. LEAD PER CEEB 3236 PG 101 TRACT No. 52158 IN THE CITY OF HERMOSA BEACH STATE OF CALIFORNIA FOR CuNDOMINIUM PURPOSES 43,725.00 52/55 15th STREET FD. LEAD & TACK, NO TAG FD. NOTHING, ESTABLISHED ON 10 OFFSET LINE (NO REF) PARALLEL WITH STRAND OFFSET LINE FROM ESTABLISHED INTERSECTION AT BEACH AND 13TH STREET. SPIKE & WASHER LS 5490 TO BE SET SHEET 2 OF 2 SHEETS FD. PK NAIL PER PWFB 0616 57-58 tO O oM 10.02' 0 ND b 100.06' C 0 N77'31'32"E N77'31'32"E 10.02' 16' 10' 26' O N N d O N J a 0 16' 10' In W a) 6' 3 0 O in iD z 80., 1' 1 16,801 SQ. F. =IOnw I O •k!n.IQ cC ND al cn Or (n JO N LO O 0' SPIKE & WASHER LS 5490 TO BE SET 156.27' 10.02' 14th STREET 10.02' 0 ND 425.95' N77'31'32"E 154.28' SPIKE & WASHER LS 5490 TO BE SET 526.01' 0 N 12'27'20"W 30.00' 10' 10' 0 NI in rn, 10.02' S77'32'20" 80.02' 0 \ SPIKE & WASHER NE CORNER LOT 10 0 in rn O O in 0 0 LS 5490 TO BE SET a OF HERMOSA BEACH. ESTABLISHED BY PRORATION PER MB 1-25/26. 2 14,357 SO. FT. SE CORNER LOT 10 OF HERMOSA BEACH. ESTABLISHED BY PRORATION PER MB 1-25/26. N77'31'555E 147.98' a Addr 10.02' N 310 01� 0 N77'31'55"E 147.32' _ NO 14th COURT N77°31'55"E Q Ln ' W O 0▪ <(O J N WV-) O Z.cN N -iWI N N JL�07 O 259.66' 239.47' 238.87' N 12'27'20"W1/1 0 10.00' o 41258.86.15'1' 0 N 10'110 20 LEAD & TAG SPIKE & WASHER LS 5490 TO BE SET LS 5490 TO BE SET SPIKE & WASHER LS 5490 TO BE SET, ESTABLISHED BY SPLIT OF DISTANCES. SPIKE & WASHER LS5490 TO 6E SET 0 10.02'0 10.02' CDt10.02' rn 13th STREET LEGEND • 100.06' N77'32'20"E rn FD. LEAD & TACK, NO TAG PER L.A.CO. ENG. CEFB 3236 PAGE 57 0 FOUND MONUMENT AS NOTED e1 • 0 0 0 INDICATES THE BOUNDARY OF THE LAND BEING SUBDIVIDED BY THIS MAP NOTHING FD. ESTABLISHED AT REC. 394.39' DIST. OF 100.06' PER L.A.CO. ENG CEFB 3236 PAGE 57 FROM FD LEAD & TACK TO THE WEST 406.35' 0 M 0 506.41' ro SPIKE 6 -WASHER LS5490 TO SE SET. FD LEAD & TAG L.A. CO. ENGR. IN CONC. GUTTER PER CEFB 3236 PG 58 0 rn 1- 0 N 0 100' 20' 0. 30' 50' N W J U- LL O 11.96' FD NOTHING. ESTABLISHED PER CEFB 3236 PG 58 30' o' 20' O d in O o N O Z 100' 30' 50' 30' NOTHING FD. ESTABLISHED BY SPLIT OF DISTANCE. CENTERLINE w D z w HERMOSA 60' GRAPHIC SCALE I" = 30'