80A - JOINT - RESO - PAYMENT FOR CRA

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REQUEST FOR COUNCIL/ AGENCY ACTION MEETING DATE: AUGUST 24, 2011 TITLE: CITY COUNCIL RESOLUTION OF INTENT TO ENACT AN ORDINANCE PURSUANT TO ABX1 27 AND RESOLUTION ESTABLISHING ENFORCEABLE OBLIGATION PAYMENT SCHEDULE OF THE SANTA ANA COMMUNITY REDEVELOPMENT AGENCY PURSUANT TO ABX1 26 i 4? WR &6d azio CITY MANAGER INTE EXECUTIVE RECTOR RECOMMENDED ACTION CITY COUNCIL ACTION CLERK OF COUNCIL USE ONLY: APPROVED ? As Recommended ? As Amended ? Ordinance on 1st Reading ? Ordinance on 2nd Reading ? Implementing Resolution ? Set Public Hearing For CONTINUED TO FILE NUMBER Adopt a Resolution of the City Council of the City of Santa Ana declaring its intention to enact an Ordinance whereby the City shall elect to comply with and participate in the alternative voluntary redevelopment program contained in Part 1.9 of Division 24 of the California Health and Safety Code. COMMUNITY REDEVELOPMENT AGENCY ACTION Adopt a Resolution of the Community Redevelopment Agency of the City of Santa Ana establishing an initial Enforceable Obligation Payment Schedule pursuant to ABX1 26. DISCUSSION On June 28, 2011, the Governor of California signed two bills that impact redevelopment agencies throughout the State, ABX1 26 and ABX1 27. ABX1 26, which is referred to as the "Dissolution Bill," suspends most redevelopment agency activities effective immediately and directs the dissolution of redevelopment agencies and the designation of successor agencies as of October 1, 2011. The bill also requires agencies to establish an Enforceable Obligation Payment Schedule (EOPS) by August 28, 2011. The EOPS must include items such as project name, payee, a brief project description, and the monthly payments through December 2011. The second bill, ABX1 27, which is referred to as the "Continuation Bill," creates an alternative voluntary redevelopment program that allows the continued existence of redevelopment agencies 8OA-1