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HomeMy WebLinkAboutSA-RDA 007RESOLUTION NO. SA - RDA 007 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE SUCCESSOR AGENCY TO THE PALM DESERT REDEVELOPMENT AGENCY APPROVING THE SECOND RECOGNIZED OBLIGATION PAYMENT SCHEDULE PURSUANT TO HEALTH AND SAFETY CODE SECTION 34177 AND TAKING CERTAIN ACTIONS IN CONNECTION THEREWITH RECITALS: A. AB X1 26 and AB X1 27 were signed by the Governor of California on June 29, 2011, making certain changes to the Community Redevelopment Law (Part 1 (commencing with Section 33000) of Division 24 of the California Health and Safety Code) (the "Redevelopment Law"), including adding Part 1.8 (commencing with Section 34161) ("Part 1.8") and Part 1.85 (commencing with Section 34170) ("Part 1.85"). B. The California Redevelopment Association and League of California Cities filed a lawsuit in the Supreme Court of California (California Redevelopment Association, et al. v. Matosantos, et al. (Case No. S194861)) alleging that AB X1 26 and AB X1 27 are unconstitutional. On December 29, 2011, the Supreme Court issued its opinion in the Matosantos case largely upholding AB X1 26, invalidating AB X1 27, and holding that AB X1 26 may be severed from AB X1 27 and enforced independently. C. The Supreme Court generally revised the effective dates and deadlines for performance of obligations in Part 1.85 arising before May 1, 2012, to take effect four months later. D. As a result of the Supreme Court's decision, the Palm Desert Redevelopment Agency (the "Redevelopment Agency"), a redevelopment agency in the City of Palm Desert (the "City"), created pursuant to the Redevelopment Law, was dissolved pursuant to Part 1.85 on February 1, 2012. E. By its Resolution No. 2011-76, adopted on August 25, 2011, the City Council of the City made an election to serve as the successor agency for the Redevelopment Agency under Part 1.85 (the `Successor Agency"). F. By its Resolution No. 001, adopted on February 9, 2012, the City Council, acting as the governing board for the Successor Agency, established rules and regulations applicable to the governance and operation of the Successor Agency, and pursuant to such resolution provided that the Successor Agency will be governed by a Board of Directors (the "Board") consisting of the members of the City Council of the City. G \rda\Veronica Tapia\Word Files\Staff Rcports\Successor agency resolution approving R0PS2 3-22-12 docx RESOLUTION NO. SA -RDA 007 G. Health and Safety Code Section 34177(I), as modified by the California Supreme Court, provides that the Successor Agency must prepare a Recognized Obligation Payment Schedule for the enforceable obligations of the former Redevelopment Agency, in accordance with the requirements of paragraph (I). The Recognized Obligation Payment Schedule must be submitted to and approved by the oversight board. Finally, after approval by the oversight board, a copy of the approved Recognized Obligation Payment Schedule must be submitted to the county auditor - controller, the State Controller and the State Department of Finance ("DOF"), and be posted on the Successor Agency's web site. The second Recognized Obligation Payment Schedule submitted to the State Controller and the DOF will be for payments for the period of July 1, 2012 to December 31, 2012, inclusive. H. Accordingly, the Board desires to adopt this Resolution approving the second Recognized Obligation Payment Schedule in accordance with Paragraph G. NOW, THEREFORE, THE BOARD OF DIRECTORS OF THE SUCCESSOR AGENCY TO THE PALM DESERT REDEVELOPMENT AGENCY, HEREBY FINDS, DETERMINES, RESOLVES, AND ORDERS AS FOLLOWS: Section 1. of this Resolution. Section 2. Section 34177. The above recitals are true and correct and are a substantive part This Resolution is adopted pursuant to Health and Safety Code Section 3. The Board hereby approves the second Recognized Obligation Payment Schedule substantially in the form attached as Exhibit A to this Resolution and incorporated herein by reference (the "ROPS2"). The Executive Director of the Successor Agency, in consultation with the Successor Agency's legal counsel, may modify the ROPS as the Executive Director or the Successor Agency's legal counsel deems necessary or advisable. Section 4. The Board hereby designates Paul Gibson as the official to whom the DOF may make requests for review in connection with the ROPS2 and who shall provide the DOF with the telephone number and e-mail contact information for the purpose of communicating with the DOF. -2- G \rda\Veronica Tapia\Word Files\Staff Reports\Successor agency resolution approving ROPS2 3-22-12 don't RESOLUTION NO. SA -RDA 007 Section 5. The officers and staff of the Successor Agency are hereby authorized and directed, jointly and severally, to do any and all things which they may deem necessary or advisable to effectuate this Resolution, including submitting the certified Recognized Obligation Payment Schedule to the oversight board for approval, and any such actions previously taken by such officers are hereby ratified and confirmed. PASSED, APPROVED AND ADOPTED this 22nd day of March, 2012. AYES: BENSON, FINERTY, HARNIR, KROONEN, and SPIEGEL NOES: NONE ABSENT: NONE ABSTAIN: NONE Y(1'4;1 Robert A.Spiegel, C airfr ATTEST: Rochelle D. Klassen, Secretary SUCCESSOR AGENCY TO THE PALM DESERT REDEVELOPMENT AGENCY -3- G \da\Veronica Tapia \Word files\Staff Reports\Successor agency resolution approving ROPS2 3-22-12 docx RESOLUTION NO. SA -RDA 007 EXHIBIT A RECOGNIZED OBLIGATION PAYMENT SCHEDULE Exhibit A G \da\Veronica Tapia\Word Fdes\Staff Reports\Successor agency resolution approving ROPS2 3-22-12 docx q; g a a m; q «� \ ) j 2 § # m ) - - - 8 m ©8 q 8 ! § d k Q a■ k ;m m■- 0 « $ # 8 n ■� 3. 8 @ ; ; k ! « ! ` ; m q 2 ; ! ! ` 8 |g 0. 2 , , \ © k \ ( ) k H. ! ! : t . � 7 \ 8 8 8 2 w ƒ 0 $ 8° 2 ° 8 8 8 8 8 8 8 8 8= 8; _ & f ( \ « : - �Z , �|!f§° §§ $2 k § k k § / \( ; 2 ) ) \ ) \ \ , \ ) \ 8 \ � a 1u - . , , 0 k . . . . . . . , . ° 8 2 8 8|« r■ q|!|§ a g q° ; n; a« g 7@ r CO k ! / § § K `# # § # k k . ■ ° k 0 2 � k 3\ $ 0 , 3. 0. 0 0 2$ 0 U .t ; ; § 8 , 0 0 || ' W 0� W. 0 0. .� :. 03 41 41 UJ 0 . 41 W W 1/1 0 0� 0 03 8 8 8 8 RESOLUTION SA -RDA 007 1. m 8 8 m ! 2 e ! ! ± 27) RESOLUTION SA -RDA 007 2.833.632.90 o $ 8 m g g § 3 N - m - E Ai "' 8 n' R N S a a N N » 8 $ $ 8 m 4 0 VI w 8 a Zi S.8 5 S S • N £ . 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' LL .. i k.' .4 m Q o o E `� o EcE 3 a t, n £ o E E E E n g o E o v^ 2 €. 1 i l i � g l g g` Ey` LL a € ° Qa og 0 it� w% 8 i i i€ a d d n a F 1 I I o g Ot g�_ Ea o o °Q 222rg#�c ;b1 sXi6 d >` rc LL a S S Y$ ab z u a`5a i '�, uo oTS _rc .� n « n Xi M e�i r; n 4 v v v Y 4 v i v S N N �n I ` o N N 42 R m ac R a E a b 8bp 8 mrp� O, n D O N 8 8 S 8 8 0 9i )s. RESOLUTION SA -RDA 007 Name of Redevelopment Agency 0 a N Racal Year: Project Area(s) Last Amended. 3/14/2012 OTHER OBLIGATION PAYMENT SCHEDULE Per AB 26 - Section 34167 and 34169 (*) u. SS[ptpM StD S(V Sm SN SOQQI SC) OOD SQOOgOO M N 0OO1!! fN N< O NNNWm.NOpOmO *NaDASO m - oriOMnco ONoN N T N O (h N N O ao m ch N N W W W W W W W W W W W W W W W W W W W W W W W W W W W W W W p0p 0p 0 0 0 0p 0 0 M OM M (") r n f� r n n 0' n 0- n n r n n I- n n ...... 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(O N 8 0 vi ad N d o r of C ni W W W W W W W W W W W W W W I (") N) (h M M M V/ el vl V) M n J J J J J J J A W 0 0 IX 0 et 0 0 CZ CC 0 o U U U U U U U U U U U 2 € o € Q Q 0 n g• n J JCY CC U U 8 g a 8 8 8 8 8 a a 8 8 8 8 E fG N e N co En N N ul N N N W N U. n m m IS m 0 CO (e `e `e CO `e `e m d 4) EEEEEEEEEEEEE E N l0 l0 (O A l0 l0 A ea' 4 el;e' A N N� COa a Cl. a n Cl. a a a a a a a (n a W n m ad m C {{t. Lam' Uv rn Uc) ` cz ce cccOOa t v c 8€OUUU OUCCUCCUU E E a c c t O g. )a m m m m m A m m A 5 5 E u 4 Q. Cl. Cl. Cl. Cl. Cl. O. a a a a 6, E fi £ .r .r£ 5 £ £ £ f 5 c d I' d 6 d 1 1 1 1 1 N N N V V • N C) O U) (0 n CO O) 0•- N 0) O Y) (0 n 0) W O 1- C. 0) 286,943,170.00 I Totals - Other Obligations Include only payments to be made after the adoption of the EOPS. "' All payment amounts are estimates