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1/26/12 LES <br />CRA RESOLUTION NO. 2012-001 <br />A RESOLUTION OF THE COMMUNITY <br />REDEVELOPMENT AGENCY OF THE CITY OF <br />SANTA ANA ADOPTING AN AMENDED <br />ENFORCEABLE OBLIGATION PAYMENT <br />SCHEDULE PURSUANT TO ASSEMBLY BILL <br />NUMBER ABX1 26 <br />BE IT RESOLVED BY THE MEMBERS OF THE COMMUNITY <br />REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA, AS FOLLOWS: <br />Section 1. The Community Redevelopment Agency of the City of Santa Ana <br />("Agency") conclusively finds, determines and declares as follows: <br />A. The California Supreme Court's decision in the recent California <br />Redevelopment Agency v. Matosantos case upheld ABX1 26 which will now control <br />the dissolution and winding down of every California redevelopment agency. <br />ABX1 26 prohibits agencies from taking numerous actions, requires all agencies to <br />wind down their affairs effective immediately, and provides that agencies are <br />deemed to be dissolved as of February 1, 2012. <br />B. As part of the winding down process, all agencies previously filed the <br />Enforceable Obligation Payment Schedule ("EOPS") that required payments to be <br />made through the end of the calendar year 2011, as required by California Health <br />and Safety Code section 34169(g). <br />C. Prior to the dissolution of agencies on February 1, the Agency needs <br />to adopt an Amended Enforceable Obligation Payment Schedule covering the <br />period of January 1, 2012 through December 31, 2012 (see Amended EOPS <br />attached hereto and incorporated herein as Exhibit A). <br />D. On January 9, 2012, pursuant to section 34173 of the California <br />Health & Safety Code, the City of Santa Ana ("City") elected to serve as the <br />successor agency for the former Community Redevelopment Agency of the City of <br />Santa Ana. The successor agency will administer the dissolution of the Agency, <br />including the disposition of all assets, properties, contracts, leases, records, <br />buildings and equipment of the former Agency. <br />E. Until a Recognized Obligation Payment Schedule is approved by the <br />oversight board, in its role as Successor Agency, the City will make payments for <br />the obligations listed on the Amended Enforceable Obligation Payment Schedule <br />pursuant to California Health & Safety Code section 34177(a)(1). <br />F. The Agency, City, and successor agency, reserve the right to appeal <br />any determination of the California Director of Finance, the Oversight Board, the <br />County of Orange, or other entity regarding the propriety of requiring this resolution <br />as well as any future determinations. <br />CRA Resolution No. 2012-001 <br />Page 1 of 3 <br />