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3 - RECOGNIZED OBLIGATION PAYMENT SCHEDULE
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08/20/2012
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3 - RECOGNIZED OBLIGATION PAYMENT SCHEDULE
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Last modified
11/4/2013 9:02:29 AM
Creation date
9/10/2012 1:45:51 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
3
Date
8/20/2012
Destruction Year
2017
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<br /> <br /> <br /> <br /> such "new" obligations in Section 341 77.3(x). which states: "Successor agencies shall lack the <br /> authority to, and shall not, create new enforceable obligations under the authority of tile <br /> Community RedevelopnlCnt Law or begin new redevelopment wort:- excels in conllliemce <br /> With c117 e17ji11cec1h1C Obligc11i01-1 lhCti CXISIC4111101• to .lane 28, 201 <br /> In response to the DOF's position that the Settlement Agreements are not enforceable <br /> obligations, a lawsuit has been tiled in the Superior Court ofthe State of- Calilornia. County of <br /> Sacramento (Gerald Peebler, et al, v. State of California Department of Finance et al, Case No- <br /> 34-201 2-8000 1 172)- <br /> Santa Ana Successor Agency Dispute on <br /> ROPS #s 68 - 8S (Housing Project <br /> <br /> Implementation Items): <br /> Items 68. 69. c& 74-85 - These obligations are partially fulfilled, ongoing projects. The Former <br /> RDA entered into these obligations prior to June 28, 201 1 to be paid from the LM IFIF to increase <br /> and improve the project area's supply ofaffordahlc housing. The Successor Agency has <br /> continued obligations pursuant to the project agreements, and is requesting the necessary funding <br /> to Complete the projects, including Successor Agency's direct project expenses associated with <br /> staffing and processional costs. We are requesting these expenses be paid from RPTTF as the <br /> I.M1HF no longer exists under the law. <br /> Items 70 - 73 These are approved Fos that have financial obligations, and require project costs <br /> be funded- including project management, COnstrUCtiOn management and other project <br /> implementation and oversight services. DOF disallowed the source of'payment on the last <br /> POPS, thus a difrerent source of payment has been identified, as applicable. <br /> Santa Ana Successor Agency Dispute on <br /> RO PS #3S & 36 (SA Venture Agmnts.) : <br /> '['Ile BOPS includes the outstanding.; obligation of the Former Agency (and therefore the <br /> Successor Agency) under the S.A. Venture Agreement to pay certain transportation impact fees <br /> ("Fees") in the event Santa Ana Venture (tile third party oblige under the S.A. Venture <br /> Agreement referred to in this letter as the "Developer") constructs additional retail and/or office <br /> I?nlpha,i5 addled. <br /> I'~iec .I o10 <br /> <br /> 3-28 <br />
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