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<br /> <br /> <br /> <br /> <br /> <br /> <br /> I~ <br /> COOPERATIVE AGREEMENT BETWEEN <br /> THE CITY OF SANTA ANA AND THE <br /> CITY OF SANTA ANA ACTING AS THE SUCCESSOR <br /> AGENCY FOR THE FORMER COMMUNITY <br /> REDEVELOPMENT AGENCY FOR FINANCIAL, <br /> ADMINISTRATIVE, <br /> AND OPERATING SERVICES <br /> I <br /> THIS COOPERATIVE AGREEMENT made and entered into this _ day of April 2012, <br /> by and between the City of Santa Ana, a charter city and municipal corporation, organized and <br /> existing under the laws of the State of California, hereinafter referred to as "City," and the City of <br /> Santa Ana acting as the successor agency for the former Community Redevelopment Agency of the <br /> City of Santa Ana, hereinafter referred to as "Successor Agency." <br /> RECITALS: <br /> A. The Community Redevelopment Agency of the City of Santa Ana ("Agency") was <br /> established as a community redevelopment agency that was previously organized and existing under <br /> the California Redevelopment Law, Health and Safety Code Sections 33000, et seq. ("CRL"), and <br /> previously authorized to transact business and exercise the powers of a redevelopment agency <br /> pursuant to action of the City Council of the City. <br /> <br /> B. The Housing Authority of the City of Santa Ana is a housing authority and public j <br /> body corporate and politic organized, existing, and operating pursuant to the California Housing <br /> Authorities Law, Health and Safety Code Sections 34200, et seq. <br /> <br /> C. Assembly Bill X1 26 added Parts 1.8 and 1.85 to Division 24 of the California <br /> Health and Safety Code, which laws cause the dissolution and wind down of all redevelopment <br /> agencies in California ("Dissolution Act"). <br /> D. On December 29, 2011, the California Supreme Court upheld the Dissolution Act j <br /> and thereby all redevelopment agencies in the State of California were dissolved effective February <br /> 1, 2012. <br /> I <br /> E. By resolution considered and approved by the City Council at an open public <br /> meeting on January 9, 2012, the City chose to become and serve as the "Successor Agency" to the <br /> dissolved Agency under the Dissolution Act, and chose for its Housing Authority to become the <br /> "Successor Housing Agency". All of the assets, properties, contracts, leases and records of the <br /> former Agency (except for most affordable housing assets) were automatically transferred by <br /> operation of law to the City acting as Successor Agency. <br /> F. As of February 1, 2012, the City serves as the Successor Agency and will perform <br /> its functions as the Successor Agency under the Dissolution Act to administer the enforceable <br /> <br /> <br /> <br /> EXHI3IT 2 <br /> <br /> <br /> i <br /> 8OA-11 <br />