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HomeMy WebLinkAbout2012-003 SA3/29/12 LES SUCCESSOR AGENCY RESOLUTION NO. 2012 -003 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA ANA ACTING AS SUCCESSOR AGENCY TO THE FORMER COMMUNITY REDEVELOPMENT AGENCY APPROVING THE SECOND AMENDED ENFORCEABLE OBLIGATION PAYMENT SCHEDULE (EOPS) AND CERTAIN OTHER ACTIONS PURSUANT TO PART 1.85 OF THE DISSOLUTION ACT BE IT RESOLVED BY THE MEMBERS OF THE SUCCESSOR AGENCY OF THE CITY OF SANTA ANA, AS FOLLOWS: Section 1. The City Council of Santa Ana, acting as Successor Agency, hereby finds, determines and declares as follows: A. The California Supreme Court's decision in the recent California Redevelopment Agency v. Matosantos case upheld ABX1 26 which will now control the dissolution and winding down of every California redevelopment agency. ABX1 26 prohibits agencies from taking numerous actions, requires all agencies to wind down their affairs effective immediately, and provides that agencies are deemed to be dissolved as of February 1, 2012. B. By resolution, on January 9, 2012, pursuant to section 34173 of the California Health & Safety Code, the City of Santa Ana ( "City ") elected to serve as the "Successor Agency" to the community's dissolved redevelopment agency ( "Agency ") of the City of Santa Ana and the Housing Authority of the City of Santa Ana as "Successor Housing Agency ". On February 1, 2012, the Agency was dissolved and the City began serving as the Successor Agency. C. The City is performing its functions as the Successor Agency under the Dissolution Act to administer the enforceable obligations of the Agency and otherwise unwind the Agency's affairs, all subject to the review and approval of a seven - member Oversight Board. D. Prior to its dissolution and pursuant to Part 1.8, the former Agency adopted the original Enforceable Obligation Payment Schedule ( "EOPS ") on August 24, 2011, and adopted the Amended Enforceable Obligation Payment Schedule on January 30, 2012. E. The Recognized Obligation Payment Schedule ( "ROPS ") is being amended due to a result of a recent discussion with the State Department of Finance. Due to changes in the ROPS, the EOPS is being amended. Therefore, this Second Amended EOPS (attached hereto and incorporated herein as Exhibit A) is being recommended for approval. F. Health and Safety Code Section 34173(e) provides that "the liability of any successor agency, acting pursuant to the powers granted under the act adding this part, shall be limited to the extent of the total sum of property tax revenues it receives pursuant to this part and the value of assets transferred to it as a successor agency for a Resolution No. 2012 -003 Page 1 of 3 dissolved redevelopment agency." Thus, the City's obligations as Successor Agency are limited by the amount of property taxes and the value of assets it receives in its role as the Successor Agency. Section 2. The attached Second Amended Enforceable Obligation Payment Schedule (Exhibit A) establishes those obligations which the Community Redevelopment Agency of the City of Santa Ana has binding commitments that it has entered into and includes legal commitments that it is obligated to perform through June 30, 2012, to meet the pre- existing commitments of contracts and obligations that were established prior to the effective date of ABX1 26. Section 3. The City Manager, or his /her designee ( "City Manager'), is directed to file this Second Amended Enforceable Obligation Payment Schedule in the manner required by law. Section 4. The City Manager is further authorized and directed to post the Second Amended Enforceable Obligation Payment Schedule on the Successor Agency's website and to notify the county auditor - controller, the California Department of Finance, and the Controller of the State concerning this Resolution, the Second Amended Enforceable Obligation Payment Schedule, and its online publication. Section 5. The City Manager and /or the Director of Finance, or their respective designees, as delegated officials of the City acting as Successor Agency, are authorized to make any augmentations, modifications, additions, or revisions as may be necessary to the EOPS, as amended, based upon review by the State Department of Finance. Section 6. This Resolution shall take effect immediately upon its adoption by the City Council in its role as the Successor Agency, and the Clerk of the Council shall attest to and certify the vote adopting this Resolution. Resolution No. 2012 -003 Page 2 of 3 3/29/12 LES ADOPTED this 2nd day of April 2012. Miguel A. Pulido Mayor APPROVED AS TO FORM: Joseph Straka, Interim City Attorney a Lisa E. Storck Assistant City Attorney YES: Councilmembers: Alvarez, Benavides, Bustamante, Martinez, Tinaiero, Sarmiento (6) NOES: Councilmembers: None (0) ABSTAIN: Councilmembers: None (0) NOT PRESENT: Councilmembers: Pulido (1) CERTIFICATION OF ATTESTATION AND ORIGINALITY I, Maria D. Huizar, Clerk of the Council, do hereby attest to and certify the attached Resolution No. 2012 -003 to be the original resolution adopted by the City Council acting as Successor Agency on April 2, 2012. Date: Q1� IWO c Maria D. Huizar, Clerk of the C§uncil Resolution No. 2012 -003 Page 3 of 3 • a n • C m ¢ m 0 m d `o m Z m m O 9 r O eo c O u N N m Q d a F Mn FE x w Q f m x W X14 ' ' N O ' M O N O_ 6 6 O r 0 ' d N^ N C (V N lV N N N N N N N N N N N N N N N N N N N N N N.. 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