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HomeMy WebLinkAboutOB Res 13-05 2013-10-01 RESOLUTION NUMBER OB13-05 A RESOLUTION OF THE OVERSIGHT BOARD FOR THE SUCCESSOR AGENCY TO THE CITY OF SEAL BEACH REDEVELOPMENT AGENCY APPROVING A RECOGNIZED OBLIGATION PAYMENT SCHEDULE FOR THE SIX-MONTH FISCAL PERIOD FROM JANUARY 1, 2014 THROUGH JUNE 30, 2014, AND TAKING CERTAIN RELATED ACTIONS RECITALS: A. Pursuant to Health and Safety Code Section 341770), the Successor Agency to the City of Seal Beach Redevelopment Agency (the Successor Agency) must prepare a proposed Recognized Obligation Payment Schedule (ROPS) before each six-month fiscal period (commencing each January 1 and July 1) and submit each proposed ROPS to the Oversight Board for the Successor Agency (the Oversight Board) for approval. B. Pursuant to Health and Safety Code Section 34177(1)(2)(C) and (m), the Successor Agency must (1) submit the Oversight Board-approved ROPS for the six-month fiscal period from January 1, 2014 through June 30, 2014 (ROPS 13-14B), to the DOF, the Office of the State Controller, and the County Auditor-Controller no later than 90 days before the next scheduled Redevelopment Property Tax Trust Fund disbursement date of January 2, 2014; and (2) post a copy of the Oversight Board-approved ROPS 13-14B on the Successor Agency's website, NOW, THEREFORE, THE OVERSIGHT BOARD FOR THE SUCCESSOR AGENCY TO THE CITY OF 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 Oversight Board hereby approves proposed ROPS 13-14B, substantially in the form attached hereto as Exhibit A. Staff of the Successor Agency is hereby authorized and directed to submit a copy of Oversight Board- approved ROPS 13-14B to the DOF, the Office of the State Controller, and the County Auditor-Controller and to post a copy of the Oversight Board-approved ROPS 13-14B on the Successor Agency's Internet website (being a page on the Internet website of the City of Seal Beach). Section 3. 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, including requesting additional review by the DOF and an opportunity to meet and confer on any disputed items, and any such actions previously taken by such officers and staff are hereby ratified and confirmed. (Intentionally Left Blank) Resolution Number 0813-05 PASSED, APPROVED AND ADOPTED by the Oversight Board at a meeting held on the 1st day of October , 2013. 1 ♦/AYES: Board Member-. .fri�i I i. I / I , ; NOES: Board Members: YAM/ M ABSENT: Board Members: . / fin/ ABSTAIN: Board Members: 7K)4P71.7 ' S44. 1�l Chair, Oversight Board ATTEST: Atini �e•retary, 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 1st day of October , 2013. / A 'i4hz/ es etary, Oversight Board U n n o n m CO -n C') ' .n ai v m N V) O ID Ih G i'M N N L m N N O N in :otn U 0 O 0 CO ' m 0N n N C') N N e R p ' 0 H CO t W W IA M C i L m o E Cl)III � 0 a w l�EI4 , N LL = G ,I i fill N • a CC -0 -8 in i IIN " 1c d O 14111 ) I Q iii (/• N J J K 14 C LL a O d C n L m a 5 a` • .,.� m co Z m L rn H c O Y C} ♦♦ t L O J d ' J wry, U O_ p O. >. O K`.. N C O a y C S NJ o d p d E" W N R U ` ° J , 'N.. 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