HomeMy WebLinkAboutSA-RDA 049RESOLUTION NO. SA -RDA 049
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE
SUCCESSOR AGENCY TO THE PALM DESERT
REDEVELOPMENT AGENCY APPROVING A RECOGNIZED
OBLIGATION PAYMENT SCHEDULE FOR THE SIX-MONTH
FISCAL PERIOD FROM JANUARY 1, 2016 THROUGH JUNE 30,
2016, PURSUANT TO HEALTH AND SAFETY CODE SECTION
34177 AND TAKING CERTAIN RELATED ACTIONS
RECITALS:
A. Pursuant to Health and Safety Code Section 34177(1), the Successor
Agency to the Palm Desert Redevelopment Agency (the "Successor Agency") must
prepare a proposed Recognized Obligation Payment Schedule ("ROPS") before each
six-month fiscal period (commencing each January 1 and July 1) and submit each
proposed ROPS to the oversight board for the Successor Agency (the "Oversight
Board") for approval.
B. Pursuant to Health and Safety Code Section 34177(I)(2)(B), at the same
time that the Successor Agency submits a ROPS to the Oversight Board for approval,
the Successor Agency must submit a copy of such ROPS to the State Department of
Finance (the "DOF"), the County administrative officer, and the County Auditor -
Controller.
C. Pursuant to Health and Safety Code Section 34177(I)(2)(C) and (m), the
Successor Agency must (1) submit the Oversight Board -approved ROPS for the six-
month fiscal period from January 1, 2016 through June 30, 2016 ("ROPS 15-16B"), to
the DOF, the Office of the State Controller, and the County Auditor -Controller no later
than October 5, 2015; and (2) post a copy of the Oversight Board -approved ROPS 15-
16B on the Successor Agency's website.
NOW, THEREFORE, THE BOARD OF DIRECTORS OF THE SUCCESSOR
AGENCY TO THE PALM DESERT REDEVELOPMENT AGENCY (THE "BOARD"),
HEREBY FINDS, DETERMINES, RESOLVES, AND ORDERS AS FOLLOWS:
Section 1. The above recitals are true and correct and are a substantive part
of this Resolution.
Section 2. This Resolution is adopted pursuant to the provisions of Health and
Safety Code Section 34177.
Section 3. The Board hereby approves proposed ROPS 15-16B, substantially
in the form attached hereto as Exhibit A. The Executive Director of the Successor
Agency, in consultation with the Successor Agency's legal counsel, may modify ROPS
15-16B as the Executive Director or the Successor Agency's legal counsel deems
necessary or advisable.
G \rda\Veronica Tapia\Word Files\Staff Reports\Successor Agency\SA Resolution Approving ROPS 15-16B 9-24-15 docx
RESOLUTION NO. SA -RDA 049
Section 4. Staff is hereby authorized and directed to submit a copy of ROPS
15-16B to the Oversight Board for approval and, at the same time, transmit a copy of
ROPS 15-16B to the DOF, the County Auditor -Controller and the County administrative
officer as designated by the County.
Section 5. Staff is hereby authorized and directed to submit a copy of
Oversight Board -approved ROPS 15-16B to the DOF, the Office of the State Controller,
and the County Auditor -Controller. If the Oversight Board has not approved ROPS 15-
16B by October 5, 2015, Staff is hereby authorized and directed to transmit ROPS 15-
16B to the DOF, the Office of the State Controller, and the County Auditor -Controller by
October 5, 2015, with a written notification regarding the status of the Oversight Board's
review. Written notice and information regarding the action of the Oversight Board shall
be provided to the DOF by electronic means and in a manner of DOF's choosing.
Section 6. Staff is hereby authorized and directed to post a copy of the
Oversight Board -approved ROPS 15-16B on the Successor Agency's Internet website
(being a page on the Internet website of the City of Palm Desert).
Section 7. The officers and the 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 requesting
additional review by the DOF and an opportunity to meet and confer on any disputed
items, and any such actions previously taken by such officers and staff are hereby
ratified and confirmed.
011111
NMI
NMI
PASSED, APPROVED AND ADOPTED this 24th day of September, 2015. gigs
AYES: HARNIR, JONATHAN, SPIEGEL, TANNER, and WEBER
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE
kr Susan Marie Weber' , Ch
ATTEST:
RALLE D. KLASSE , SECRETARY
SUCCESSOR AGENCY TO THE
PALM DESERT REDEVELOPMENT AGENCY
2
G \rda\Veronica Tapia Word Files\Staff Reports\Successor Agency\SA Resolution Approving ROPS 15-16B 9-24-15 docx
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RESOLUTION NO. SA -RDA 049
Name of Successor Agency:
Name of County:
Six -Month Total
N 0 N N N
0 0
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O CO co
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69
$ 132,598,404
C
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Funding (ROPS Detail)
Reserve Balance Funding (ROPS Detail)
Other Funding (ROPS Detail)
Enforceable Obligations Funded with RPTTF Funding (F+G):
Non -Administrative Costs (ROPS Detail)
Administrative Costs (ROPS Detail)
Total Current Period Enforceable Obligations
Successor Agency Self -Reported Prior Period Adjustment to Current Period RPTTF Requested Funding
Enforceable Obligations funded with RPTTF (E):
Less Prior Period Adjustment (Report of Prior Period Adjustments Column S)
Adjusted Current Period RPTTF Requested Funding (I-J)
County Auditor Controller Reported Prior Period Adjustment to Current Period RPTTF Requested Funding
N N N N
V a N
O O
co co
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