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HomeMy WebLinkAboutOB Res 12-04 2012-07-25 RESOLUTION NUMBER 0812-04 A RESOLUTION OF THE OVERSIGHT BOARD FOR THE SUCCESSOR AGENCY TO THE SEAL BEACH REDEVELOPMENT AGENCY APPROVING A RECOGNIZED OBLIGATION PAYMENT SCHEDULE PURSUANT TO HEALTH AND SAFETY CODE SECTION 34180 FOR THE SIX-MONTH FISCAL PERIOD COMMENCING JANUARY 1, 2013 AND ENDING JUNE 30, 2013 RECITALS: A. Health and Safety Code Section 34177 provides that before each six-month fiscal period, a successor agency to a former redevelopment agency must prepare a Recognized Obligation Payment Schedule ("ROPS") for the enforceable obligations of the former redevelopment agency in accordance with the requirements of Section 34177. B. The Successor Agency to the Seal Beach Redevelopment Agency (the "Successor Agency") has submitted to the Oversight Board for the Successor Agency (the "Oversight Board") a ROPS for the six-month fiscal period that commences on January 1 , 2013 and ends on June 30, 2013, attached hereto as Exhibit A and incorporated herein by reference (the "Third ROPS"). C. Pursuant to Health and Safety Code Section 34180(g), establishment of a ROPS by the Successor Agency shall be approved by the Oversight Board. NOW, THEREFORE, THE OVERSIGHT BOARD TO 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. This Resolution is adopted pursuant to Health and Safety Code Section 34180(g). Section 3. The Oversight Board hereby approves the Third ROPS and hereby directs the staff of the Successor Agency to post the Third BOPS on the Successor Agency's Internet website (being a page on the Internet website of the City of Seal Beach) and submit the Third ROPS to the County Auditor-Controller and State Controller's Office ("SCO") and to the DOF, together with a copy of this Resolution and the telephone number and email contact information for Sean Crumby, the official designated by the Oversight Board to whom DOF may make a request for review in connection with the ROPS. Unless the County Auditor- Controller, the SCO, or DOF directs otherwise, such submittal may be by mail or electronic means, and a notification providing the Internet website location of the posted documents will suffice. Section 4. The officers of the Oversight Board 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. 12805-0001\14769150 doc Resolution Number 0812-04 PASSED, APPROVED AND ADOPTED by the Oversight Board at a meeting held on the 25th day of July , 2012. AYES: Board Memberm: NOES: Board Members: ! c.Ilt/ ABSENT: Board Members: 13,Uy1//-t ABSTAIN: Board Members: Yi CHAIR, OVERSIGHT BOARD ATTEST: 74 Ur,, //1/1/n/ SSECJR� ETARY OVERSIGHT BOARD STATE OF CALIFORNIA ) COUNTY OF ORANGE ) SS CITY OF SEAL BEACH ) I, Linda Devine, Secretary to the Oversight Board, hereby certify that the foregoing resolution was duly adopted at a meeting of the Oversight Board, held on the 25th day of July , 2012. (1 A.Ada SE RETARY, OVERSIGHT BOARD N _ o o co a ool o o E`-o-m 1 �2 -— I I 0 LE m� _ - _ _ _ _ _co- _ - - _ F 0 o �O O o F D r r r r r r r r r r r r r r r c v' u o° o° o° o° o° o° o° o° o° o° o° o° o° o° o N l a a a a a a a a a a a a a a a E c m ° w ((a N _ LL LL LL LL LL E LL E LL E LL E LL E LL E LL ELL ELL E LL E LL .o oo r„ o r„o r„o r„o r„o r„ o r„ o r„o r„ o r„ o r„o r„o r„o r„o r„ Z E m N m v v v v v v v v M v v v v v v o a o rv= m E E aa$o `o v ° - - m m c a v v - - - - o f w o 3 - - a dd¢w �'o o °v o�o�� _ o� mm ° ^' E -m ate �o m m m m��rE `m rv�a� .2 -E '- u9 G 'w E `o of Ea �'° c .3 ro vo c mto5 w h3 ow a u v F ° v -v a a a a `o 6w v °o> w - v w o - v v v v - u D v Ti v, `m v v v v°m L w ?L ¢ .� o. E Y- h3 h3 v �- > > > > r o 3 m O1 ooa E v w E- F F F F c �3 N - o v a D ° av >av m mo oUS --v°'v�w o m�ona = `m foa E E E E°O E o v m E v�v3 o > v w = ° v v v v V v v - v - ry ry ry ry E w- w o - v - p _ n v a vEE F m F m LL LL LL LL o m¢v m a` a` F `m v w¢w¢U¢ ¢ O z z - ol mo a w m m w m m v m a > > 3 >o m- - F So oo m v v m o h3 h3 w m ax° ax° m m m o in ' fn o N m m°>° m°>° m m 5 5 a v �° E ¢` - wg mw oo A o E o o a a o E CIE it it it o m m E t v U E E v _ a m°o v a a oo m v v v a` ` v w o - O c m m m m m m v a a - - E ? 'w 'w o m ol E O1 ¢ a o - -` - ° o Yxom `v u 0 0 0 0 0 o a v¢ d iw o '? w ¢ z _ a Q F F F F F F = m E V E N o' o,on - m L" - w u u _v w v r-¢ v w r o U a` a` �mfoa ¢�¢� ° �o2 m U U� f'n O a