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HomeMy WebLinkAboutSA-RDA 065RESOLUTION NO. SA-RDA o65 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 FISCAL PERIOD FROM JULY 1, 2017 THROUGH JUNE 30, 2018, PURSUANT TO HEALTH AND SAFETY CODE SECTION 34177 AND TAKING CERTAIN RELATED ACTIONS RECITALS: A. Pursuant to Health and Safety Code Section 34177(0), the Successor Agency to the Palm Desert Redevelopment Agency (the "Successor Agency") must prepare a Recognized Obligation Payment Schedule listing the anticipated payments for enforceable obligations to be made by the Successor Agency during the fiscal period from July 1, 2017 through June 30, 2018 ("ROPS 17-18") and submit ROPS 17-18 to the oversight board of 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 ROPS 17-18 to the Oversight Board for approval, the Successor Agency must submit a copy of such ROPS 17-18 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 Section 34177(0)(1), the Successor Agency must: (i) submit the Oversight Board-approved ROPS 17-18 to the DOF, the Office of the State Controller, and the County Auditor- Controller no later than February 1, 2017, and (ii) post a copy of the Oversight Board- approved ROPS 17-18 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. ROPS 17-18, substantially in the form attached hereto as Exhibit A, is hereby approved. The Executive Director of the Successor Agency, in consultation with the Successor Agency's legal counsel, may modify ROPS 17-18 as the Executive Director or the Successor Agency's legal counsel deems necessary or advisable. Section 3. Staff is hereby authorized and directed to submit a copy of ROPS 17-18 to the Oversight Board for approval and, at the same time, transmit a copy of ROPS 17-18 to the DOF, the County Auditor-Controller and the County administrative officer as designated by the County. G 1rdalVeronica Tapia\Word Files\StaH Reports\Successor Agency\Palm Desert SA - SA reso for ROPS 17-18 1-26-�7 docx RESOLUTION N0. SA-RDA 065 Section 4. Staff is hereby authorized and directed to submit a copy of Oversight Board-approved ROPS 17-18 to the DOF, the Office of the State Controller, _„ and the County Auditor-Controller. If the Oversight Board has not approved ROPS 17- 18 by February 1, 2017, Staff is hereby authorized and directed to transmit ROPS 17-18 to the DOF, the Office of the State Controller, and the County Auditor-Controller by February 1, 2017, with a written notification regarding the status of the Oversight Board's review. Written notice and information �egarding the action of the Oversight Board shall be provided to the DOF by electronic means and in a manner of DOF's choosing. Section 5. Staff is hereby authorized and directed to post a copy of the Oversight Board-approved ROPS 17-18 on the Successor Agency's Internet website (being a page on the Internet website of the City of Palm Desert). Section 6. The officers and the other Staff members 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 but not limited to requesting additional review by the DOF and an opportunity to meet and confer on any disputed items, and making adjustments to ROPS 17-18 pursuant to the DOF's instructions, and any such actions previously taken are hereby ratified and confirmed. PASSED, APPROVED AND ADOPTED this 26th day of January, 2017. AYES: JONATHAN, KELLY, NESTAI3DE, �dEBER, and HARNIK NOES: NONE ABSENT: rrortE ABSTAIN: rroNE ATTEST: - '' � `/L � %`I/ l ��f�l�` '. JAN C. HARNIK, CHAIR R HELLE D. KLAS N, SECRETAR SUCCESSOR AGENCY TO THE PALM DESERT REDEVELOPMENT AGENCY r�w G�Vda\Veronica TapialWord Files\StaN Reports\Successor AgencylPalm Desert SA - SA reso for ROPS 17-18 1-26-17.docx2 RESOLUTION N0. SA-RDA 065 EXHIBIT A SUCCESSOR AGENCY TO THE PALM DESERT REDEVELOPMENT AGENCY RECOGNIZED OBLIGATION PAYMENT SCHEDULE (July 1, 2017 — June 30, 2018) G.Vda\Veronica Tapia\Word Files�Statt Reports\Successor Agency\Palm Desert SA - SA reso for ROPS 77-18 1-26-17.tlocx RESOLUTION NO. 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