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HomeMy WebLinkAboutSA Res SA12-08 2012-03-26 RESOLUTION NUMBER SA12-08 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE SUCCESSOR AGENCY TO THE SEAL BEACH REDEVELOPMENT AGENCY AMENDING THE DRAFT INITIAL RECOGNIZED OBLIGATION PAYMENT SCHEDULE 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 Seal Beach Agency (the "Redevelopment Agency"), a redevelopment agency in the City of Seal Beach (the "City"), created pursuant to the Redevelopment Law, was dissolved pursuant to Part 1.85 on February 1, 2012. E. By its Resolution No. 6211, adopted on January 9, 2012, 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. 6222, adopted on February 13, 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. By its Resolution Nos. 11-12, 11-14 and 12-01, the Redevelopment Agency adopted an Enforceable Obligation Payment Schedule, as amended (the "Redevelopment Agency EOPS"). H. Health and Safety Code Section 34177(1), as modified by the California Supreme Court, provides that by March 1, 2012, the Successor Agency must prepare a draft initial Recognized Obligation Payment Schedule for the enforceable obligations of the former Redevelopment Agency, in accordance with the requirements AB X1 26. The draft schedule must be reviewed and certified, as to its accuracy, by an external auditor designated at the county auditor-controller's direction pursuant to Health and Safety Code Section 34182. The certified 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 Resolution Number SA12-08 site. The first Recognized Obligation Payment Schedule submitted to the State Controller and the DOF will be for payments for the period of January 1, 2012 to June 30, 2012, inclusive. I. By its Resolution No. SA12-04, adopted on February 27, 2012, the Board of the Successor Agency approved a draft initial Recognized Obligation Payment Schedule (the "Original Draft iROPS"). A copy of the Original Draft iROPS is attached to this Resolution as Exhibit A. J. The Board of the Successor Agency now desires to adopt this Resolution amending the Original Draft iROPS. The amended draft initial Recognized Obligation Payment Schedule (the "Amended Draft iROPS") is attached hereto as Exhibit B. NOW, THEREFORE, THE BOARD OF DIRECTORS OF THE SUCCESSOR AGENCY TO THE SEAL BEACH REDEVELOPMENT AGENCY 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. The Board hereby approves the Amended Draft iROPS. The Executive Director of the Successor Agency, in consultation with the Successor Agency's legal counsel, may make further modifications to the Amended Draft iROPS as the Executive Director or the Successor Agency's legal counsel deems necessary or advisable. Section 3. The Board hereby affirms the designation of the City Manager (who is the ex-officio Executive Director of the Successor Agency) or the City Manager's designee as the official to whom the DOF may make requests for review in connection with the Successor Agency's Recognized Obligation Payment Schedule and who shall provide the DOF with the telephone number and e-mail contact information for the purpose of communicating with the DOF. Section 4. 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. (Intentionally Left Blank) Resolution Number SA12-08 PASSED, APPROVED and ADOPTED by the Successor Agency to the Seal Beach Redevelopment Agency at a special meeting held on the 26th day of March , 2012 by the following vote: AYES: Board Members , I_ �ii 1 # � ' , AeL ■ NOES: Board Members r ABSENT: Board Members 7407i/ ABSTAIN: Board Members 7/C / ii.c1y51. air ATTEST: 4ant G�� �/ S cretary/City Clerk 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 SA 12-04 on file in the office of the City Clerk, passed, approved, and adopted by the Successor Agency to the Seal Beach Redevelopment Agency at a special meeting held on the 26th day of March , 2012. Se � 4Z/ retary/City Clerk Resolution Number SA12-08 EXHIBIT A RECOGNIZED OBLIGATION PAYMENT SCHDULE (ROPS) (AS ATTACHED TO SUCCESSOR AGENCY RESOLUTION NO. 12-04) I N O 8 8 8 8 8 8 8 8 8 8 8 8 N O 8 8 8 8 8 8 O 8 O N S S S 0 p O 8 S O S m O 8 N V S O N 2 m N V S 2 O m Q §1 2 A O CO N O O m 10 ^ N ^ V N N S ^F N ^ n N m N _ - O N CO .- m N 49 49 69 V! 49 49 91 69 69 49 CO 49 49 91 49 49 69 V! 19 CO 69 49 0 91 0 h V! 0 49 49 8 8 0 0 0 08 N Q 0 8 8 8 NO n O m V ..e.0 C O V m N N m R ^ ^ co o o N 0 S O 80 S 8 V N N V V rie O V N N m N 49 ' N i0 0 S S 8 8 8 8 8 8 ^O N O O pp O S S O 8 N N O O N t0 f0 m O O O N d O O N V m N N N m Q m N 0 0 0 0 0 0 8 8 8o cu a 8 00 00 00 00 00 00 00 cu N m V N m 0 1� O V V O ' N V N m N W N O (9 N N 8 O O 0 0 O O O 8 O p8p i0 m O6 O S Z' 8 O O O O N O N O N t00 O N t� N V V 8 2 fa' m c N v ^ ^ of N b if N a d S p8 88 8 8 O 8 pp0 88 8 8 8 p8 N 8 8 8 8 O OO.h. 0 0 t N 8 m f0 S n d 8 O N V N O t0 _ _ N O N Omj ygY1 Q N N W O m m v ^ r ^ ^ '• ^ N 0 i _� Wa V d ... 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