HomeMy WebLinkAboutRDA Res 11-14 2011-09-26RESOLUTION NUMBER 11 -14
A RESOLUTION OF THE SEAL BEACH REDEVELOPMENT
AGENCY AMENDING THE ENFORCEABLE OBLIGATION
PAYMENT SCHEDULE BY ADDING LINES 9 — 16 PURSUANT
TO PART 1.8 OF DIVISION 24 OF THE CALIFORNIA HEALTH
AND SAFETY CODE AND TAKING CERTAIN ACTIONS IN
CONNECTION THEREWITH (AMENDMENT NO. 1)
THE SEAL BEACH REDEVELOPMENT AGENCY HEREBY RESOLVES AND
ORDERS AS FOLLOWS:
Section 1. The Redevelopment Agency of the City of Seal Beach
adopted Resolution No. 11 -12 pursuant to Health and Safety Code Section
34169.
Section 2. The Agency wishes to amend the Resolution and the
enforceable obligation payment schedule attached thereto by adding lines 9 — 16.
Section 3. The Agency hereby amends the enforceable obligation
payment schedule by adding lines 9 -16 which is attached as Exhibit A to this
Resolution and incorporated herein by reference (the "Enforceable Obligation
Payment Schedule ").
Section 4. The Agency Secretary is hereby authorized and directed to
post the Enforceable Obligation Payment Schedule on the City's Internet Web
site.
Section 5. The Enforceable Obligation Payment Schedule may be
amended from time to time at any public meeting of the Agency. Amendments
shall be posted to the Internet Web site described in Section 4, above, for at least
three business days before a payment may be made pursuant to an amendment.
Section 6. The Agency Secretary is hereby authorized and directed to
transmit a copy of the Enforceable Obligation Payment Schedule by mail or
electronic means to the County Auditor - Controller, the State Controller, and the
California Department of Finance (the "Department of Finance "). A notification
providing the Internet Web site location of the posted Enforceable Obligation
Payment Schedule and notifications of any amendments will suffice.
Section 7. The officers and staff of the 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 providing
documents associated with the Statement of Enforceable Obligations to the
Department of Finance and the State Controller in the manner of their choosing,
and any such actions previously taken by such officers are hereby ratified and
confirmed.
Section 8. The Agency hereby designates the Executive Director as the
official to whom the Department of Finance may make requests for review in
connection with the Enforceable Obligation Payment Schedule and who shall
provide the Department of Finance with the telephone number and e -mail contact
information for the purpose of communicating with the Department of Finance.
Section 9. The adoption of the Enforceable Obligation Payment
Schedule is not intended and shall not constitute a wavier by the Agency of any
rights the Agency may have to challenge the legality of all or any portion of AB
X1 26 or AB X1 27 through administrative or judicial proceedings.
Section 10. At such time as the Agency becomes exempt from Parts 1.8
and 1.85, the Agency shall no longer be bound by the Enforceable Obligation
Payment Schedule.
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Resolution Number 11 -14
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Section 11. This Resolution has been reviewed with respect to
applicability of the California Environmental Quality Act ( "CEQA "), the State
CEQA Guidelines (California Code of Regulations, Title 14, Sections 15000 et
seq., hereafter the "Guidelines "), and the Agency's environmental guidelines.
The Agency has determined that this Resolution is not a "project" for purposes of
CEQA, as that term is defined by Guidelines Section 15378, because this
Resolution is an organizational or administrative activity that will not result in a
direct or indirect physical change in the environment. (Guidelines Section
15378(b)(5)).
PASSED, APPROVED and ADOPTED by the Seal Beach Redevelopment
Agency at a regular meeting held on the 26th day of September , 2011 by
the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
Agency Members
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Agency Members
Agency Members
Agency Members �A
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ATTEST:
cr tary/City CI rk
STATE OF CALIFORNIA }
COUNTY OF ORANGE } SS
CITY OF SEAL BEACH }
I, Linda Devine, Secretary/City Clerk of the City of Seal Beach, do hereby certify
that the foregoing resolution is the original copy of Resolution Number 11 -14
on file in the office of the City Clerk, passed, approved, and adopted by the Seal
Beach City Council at a regular meeting held on the 26th day of September
2011.
Se retary/City Clerk
RDA - Res #11 -14 - Amendment No. 1 - EOPS (Exhibit A)
01
Name of Redevelopment Agency: Redevelopment Agency of the City of Seal Beach
Project Area(s) Riverfront Project Area
AMENDED ENFORCEABLE OBLIGATION PAYMENT SCHEDULE ADDING LINES 9 - 16
Per AB 26 - Section 34167 and 34169 (*)
Page 1 of 1
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Project Name / Debt Obligation
Payee
Description
Total
Outstanding
Debt or
Obligation
Total Due During
Fiscal Year
Payments by month
Aug"
Sept
Oct
Nov
Dec
Total
1
2000 Tax Allocation Bond A
Bank of New York
Bond issue
5,185,000.00
663,315.00
541,372.50
$ 541,372.50
2)
2000 Tax Allocation Bond B
Bank of New York
Bond issue
390,000.00
63,200.00
51,087.50
$ 51,087.50
3)
Contract for legal services
Richards Watson Gershon
Le al counsel
125,000.00
10,400.00
10,400.00
10,400.00
10,400.00
$ 41,600.00
4
Contract for consulting services
Civic Stone
CDBG and mobilehome park construction
150,000.00
12,500.00
12,500.00
12,500.00
12,500.00
$ 50,000.00
5
Contract for consulting services
Rosenow S evacek Group
Bond and mobilehome park monitoring
3,500.00
400.00
400.00
400.00
400.00
$ 1,600.00
6)1
Low Mod / Rental Assistance
Seal Beach Shores
Rental Assistance Agreement
180,000.00
$ -
7
Affordable Housing Fund (LMI)
LMI Fund
The Agency deposits 20% of tax Increment
446,800.00
$
8
Statutory Pass - Through
Tax Entities
SB 211 requires agencies to ass -tax increment to taxing entities
149,787.00
$ -
9)
Legal challenge to AB 26 & 27
California Redevelopment
Agency Association
Dues /pro -rated legal costs
800.00
400.00
400.00
$ 800.00
10)
Marina Park Grant Application
Carrier Johnson
Park design for Prop 84 grant application
86,000.00
7,500.00
2,300.00
$ 9,800.00
11
Seal Beach Shores Trailer Park
Veridian Construction
Improvements to individual mobilehome
35,000.00
7,200.00
7,900.00
7,80000
$ 22,900.00
12
Seal Beach Shores Trailer Park
Gutter Masters
Improvements to individual mobilehome
435.00
435.00
$ 435.00
13
Seal Beach Shores Trailer Park
Pike Stair Company
Improvements to individual mobilehome
13,500.00
13,500.00
$ 13,500.00
14
Seal Beach Shores Trailer Park
Orange County Fence
Improvements to individual mobilehome
1,000.00
1,000.00
$ 1,000.00
15
Seal Beach Shores Trailer Park
Eric Wilkerson & Co.
Improvements to individual mobilehome
35,000.00
9,500.00
9,500.00
9,500.00
$ 28,500.00
16
Seal Beach Shores Trailer Park
National Tree & Landscape
Improvements to individual mobilehome
1,050.00
1,050.00
17)
$ -
18)
$
19)
$
Totals - This Page
Grand total - All Pages
$ 5.575,000 00
S 1,954,387.00
$
$ 579,807.50
$ 106,687.50
S 44,350 00
S 32,800.00
$ 762,595.00
$ 5,575,000.00
$ 1,954,387.00
®$
579,807.50
$ 106,687.50
S 44.350 00
$ 32,800 00
$ 762,595.00
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