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HomeMy WebLinkAboutSA-RDA 069RESOLUTION NO. SA-RDA o69 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, 2018 THROUGH JUNE 30, 2019, 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, 2018 through June 30, 2019 ("ROPS 18-19") and submit ROPS 18-19 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 18-19 to the Oversight Board for approval, the Successor Agency must submit a copy of such ROPS 18-19 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 18-19 to the DOF, the Office of the State Controller, and the County Auditor- Controller no later than February 1, 2018, and (ii) post a copy of the Oversight Board- approved ROPS 18-19 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 18-19, 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 18-19 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 18-19 to the Oversight Board for approval and, at the same time, transmit a copy of ROPS 18-19 to the DOF, the County Auditor-Controller and the County administrative officer as designated by the County. G\rda�Veron;ca Tapia\Word F�les\Staf1 Reports\Successor Agency\Palm Desert SA - SA reso for ROPS 18-19 1-11-18 docx RESOLDTION N0. SA-RDA 069 Section 4. Staff is hereby authorized and directed to submit a copy of Oversight Board-approved ROPS 18-19 to the DOF, the Office of the State Controller, and the County Auditor-Controller. If the Oversight Board has not approved ROPS 18- 19 by February 1, 2018, Staff is hereby authorized and directed to transmit ROPS 18-19 to the DOF, the Office of the State Controller, and the County Auditor-Controller by February 1, 2018, with a written noti#ication 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 5. Staff is hereby authorized and directed to post a copy of the Oversight Board-approved ROPS 18-19 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 dire they may deem necessary or a limited to requesting additional confer on any disputed items, DOF's instructions, and any confirmed. cted, jointly and severally, to do any and all things which dvisable to effectuate this Resolution, including but not review by the DOF and an opportunity to meet and and making adjustments to ROPS 18-19 pursuant to the such actions previously taken are hereby ratified and PASSED, APPROVED AND ADOPTED this 11th day of January, 2018. AYES: NOES HARNIK, KELLY, NESTANDE, WEBER, and JONATHAN NONE ABSENT: NONE ABSTAIN: rrorrE ATTEST: RA ELLE D. KLASSEN, CRETARY SUCCESSOR AGENCY TO THE PALM DESERT REDEVELOPMENT AGENCY ... «. ,. .�. .,. .r. G Uda�Veron�ca Tap�alWord F�Ies�StaH Reports\Successor Ager.cy�Palm Desert SA - SA reso for ROPS 18-19 1-11-18 docx2 RESOLUTION NO. SA-RDA 069 EXHIBIT A SUCCESSOR AGENCY TO THE PALM DESERT REDEVELOPMENT AGENCY RECOGNIZED OBLIGATION PAYMENT SCHEDULE (July 1, 2018 — June 30, 2019) G\rda\Veron�ca Tap�a\Word F�ies\S:aff Reports\Successor Agency\Pa!r� Desert SA � SA reso for ROPS '8�19 1-11- �8 docx RESOLUTION NO. SA-RDA 069 ... .,. [This page has intentionaily been left blank.] ..�, � -Y �� ♦+r RESOLUTION NO. 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