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AUGUST 24, 2011 <br />CITY COUNCIL RESOLUTION OF • ENACT <br />AN ORDINANCE DPURSUANT TO ABX1 27 AND <br />RESOLUTION ESTABLISHING ENFORCEABLE <br />OBLIGATION PA OF <br />ANA COMMUNITY REDEVELOPMENT AGENCY <br />PURSUANT TO ABX1 26 <br />�yrl <br />MANAGERCITY <br />DIlUTOR <br />NUM <br />CITY COUNCIL ACTION <br />® <br />As Recommended <br />® <br />As Amended <br />Ordinance on 1st Reading <br />Ordinance on 2nd Reading <br />El <br />Implementing Resolution <br />El <br />Set Public Hearing For <br />Adopt a Resolution of the City Council of the City of Santa Ana declaring its intention to enact an <br />Ordinance whereby the City shall elect to comply with and participate in the alternative voluntary <br />redevelopment program contained in Part 1.9 of Division 24 of the California Health and Safety <br />Code. <br />COMMUNITY REDEVELOPMENT AGENCY ACTION <br />Adopt a Resolution of the Community Redevelopment Agency of the City of Santa Ana <br />establishing an initial Enforceable Obligation Payment Schedule pursuant to ABX1 26. <br />DISCUSSION <br />On June 28, 2011, the Governor of California signed two bills that impact redevelopment agencies <br />throughout the State, ABX1 26 and ABX1 27. ABX1 26, which is referred to as the "Dissolution <br />Bill," suspends most redevelopment agency activities effective immediately and directs the <br />dissolution of redevelopment agencies and the designation, of successor agencies as of October 1, <br />2011. The bill also requires agencies to establish an Enforceable Obligation Payment Schedule <br />(EOPS) by August 28, 2011. The FOPS must include items such as project name, payee, a brief <br />project description, and the monthly payments through December 2011. <br />The second bill, ABX1 27, which is referred to as the "Continuation Bill," creates an alternative <br />voluntary redevelopment program that allows the continued existence of redevelopment agencies <br />