4 - SA - AGMT - TAXING ENTITIES - Laserfiche WebLink

Home Browse Search

MEETING DATE: FEBRUARY 17, 2015 TITLE: AGREEMENTS REGARDING INDEMNITY, WAIVER AND RELEASE REGARDING PASS THROUGH OBLIGATIONS WITH THREE TAXING ENTITIES (STRATEGIC PLAN NO. 4, 11 CITY MA GER RECOMMENDED ACTION CLERK OF THE COUNCIL USE ONLY: APPROVED ❑ As Recommended ❑ As Amended ❑ Implementing Resolution ❑ Other CONTINUED TO 4�14�.NFd1�Tx7 Authorize the City Manager and Clerk of the Council to execute the agreements regarding indemnity; waiver and release regarding pass through obligations with the Santa Ana Unified School District, Orange Unified School District, and Rancho Santiago Community College District, subject to nonsubstantive changes approved by the City Manager and City Attorney, to include retro - active pass through payments as enforceable obligations on the Recognized Obligation Payment Schedule 15 -16A for the period of July 1, 2015 through December 31, 2015, in an amount not to exceed $5,081,007.97 DISCUSSION Pursuant to Part 1.85 of Division 24 of the California Health & Safety Code ( "Dissolution Act "), the City Council on January 9, 2012, elected for the City to act as the "Successor Agency"' to the dissolved Community Redevelopment Agency ( "Agency "), On February 1, 2012, in accordance with the Dissolution Act and the California Supreme Court's decision in California Redevelopment Association v. Matosantos, Case No. S194861; the Agency was dissolved and the City began to serve as the "Successor Agency." The City Council serves as the governing body of the Successor Agency under the Dissolution Act as amended by AB 1484, to administer the enforceable obligations of the Agency and otherwise unwind the Agency's affairs. The Oversight Board to the Successor Agency has oversight with respect to the Dissolution process, including review and approval of the Recognized Obligation Payment Schedule (ROPE). 4 -1