HomeMy WebLinkAboutResolution - 3400 STATE OF CALIFORNIA ) RESOLUTION NO. 3400
COUNTY OF RIVERSIDE )ss
CITY OF SAN JACINTOmaw
}
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
SAN JACINTO, CALIFORNIA CONDITIONALLY
APPROVING AND AUTHORIZING THE EXECUTION OF A
COMMUNITY REMITTANCE FUNDING AGREEMENT BY
AND BETWEEN THE CITY OF SAN JACINTO AND THE
REDEVELOPMENT AGENCY PROVIDING FOR THE
TRANSFER OF TAX INCREMENT REVENUE TO THE CITY
IN AN AMOUNT NOT TO EXCEED THE AMOUNT OF THE
COMMUNITY REMITTANCE REQUIRED UNDER AB 1X 27
WHEREAS, pursuant to the Community Redevelopment Law (Health and
Safety Code sections 33000 et seq.) ("CRL"), the City Council of the City of San Jacinto
("City") created the Redevelopment Agency of the City of San Jacinto ("Agency")to serve
as the redevelopment agency within the City; and
WHEREAS, the Agency has been responsible for implementing the
Redevelopment Plans for the San Jacinto and Soboba Springs Redevelopment Projects
covering certain properties within the City (collectively, "Project Areas"), and
WHEREAS, as part of the 2011-2012 State budget bill, companion bills AB
1 X 26 and AB 1 X 27 require that each agency formed under the CRL be dissolved unless
the community that created it enacts an ordinance committing it to participate in an
"Alternative Voluntary Redevelopment Program," in order to enable a redevelopment
agency within that community to remain in existence and carry out the provisions of the
CRL; and
WHEREAS, the City adopted an urgency version of the Continuation
Ordinance (Ordinance No. 11-10)on July 19, 2011 . The City also held a first reading of a
regularversion of the Continuation Ordinance (Ordinance No. 11-11 )on July 19, 2011 and
a second reading on August 16, 2011; and
WHEREAS, participation in the Alternative Voluntary Redevelopment
Program requires the City to remit specified annual amounts to the county auditor-
controller ("Community Remittance"); and
WHEREAS, the California director of Finance has notified the City that its
Community Remittance for Fiscal Year 2011-2012 is Two Million Two Hundred Thirty-One
Thousand Six Hundred Fifty Dollars ($2,231,650); and
�• 1
WHEREAS, a Petition for Writ of Mandate was filed in the Supreme Court of
the State of California on July 18, 2011 (California Redevelopment Association, et al. v.
Ana Matosantos, et al., Case No. 5194861), challenging the constitutionality of AB 1 X 26
and AB 1 X 27 on behalf of cities, counties and redevelopment agencies and requesting a
stay of enforcement of AB 1X 26 and AB 1X 27 pending the Supreme Court's
determination of the constitutionality of AB 1X 26 and AB 1X 27; and
WHEREAS, on August 11, 2011, the Supreme Court agreed to take the case
and issued an order for the immediate stay of enforcement of AB 1 X 26 in part, which
suspended all new redevelopment activity, and AB 1 X 27 in its entirety, such that the City
and the Agency cannot currently pursue new redevelopment activity under the Alternative
Voluntary Redevelopment Program; and
WHEREAS, on August 17, 2011, the Supreme Court modified its order to
clarify that Health and Safety Code Sections 34161 through 34169.5, enacted by AB 1X
26, and Health and Safety Code Section 34194(b)(2), enacted by AB 1 X 27, are not stayed
("Court's Stay"); and
WHEREAS, California Health and Safety Code Section 34194.2, which is
currently not effective as a result of the Court's Stay, provides that the City may enter into
an agreement with the Agency, whereby the Agency will annually transfer tax increment
revenue to the City, in an amount not to exceed the amount of the Community Remittance
for such fiscal year, for the purpose of financing activities within the Project Areas related to
the Agency's goals ("Agreement"); and
WHEREAS, because California Health and Safety Code Section 34194.2 is
stayed by the Court's Stay, the Agency and the City desire to enter into this Agreement,
effective on the condition that the Supreme Court orders that the Court's Stay be lifted or
modified in a manner that permits the Agency and the City to enter into the Agreement to
establish a yearly obligation of the Agency to transfertax increment revenue to the Cityon
the condition that the Agency's transfer of tax increment revenue and the City's payment of
the Community Remittance will be made only if there is a final determination thatAB 1X 26
and AB 1 X 27 are constitutional and the Ordinance electing to participate in the Alternative
Voluntary Redevelopment Program is valid and effective for such purpose or later
ratification or re-adoption of such Ordinance by the City or adoption of a new ordinance by
the City and, in each case, such action is effective to allow the City and the Agency to
proceed pursuant to the Alternative Voluntary Redevelopment Program; and
WHEREAS, the City reserves the right, whether any Community Remittance
has been paid, to challenge the legality of AB 1X 26 and AB 1X 27; and
WHEREAS, all other legal prerequisites to the adoption of this Resolution
have occurred.
NOW, THEREFORE, BE IT RESOLVED, ordered, and determined by the
City Council of the City of San Jacinto:
2
SECTION 1. Recitals. The Recitals set forth above are true and correct and
incorporated herein by reference.
SECTION 2. Finding. Upon consideration of the facts set forth in the staff
report accompanying this Resolution and otherwritten and oral evidence presented to the
City Council, the City Council finds that the transfer of tax increment revenue from the
Agency to the City for the funding of the Community Remittance payment by the City will.-
(1 )allow the Agency to remain in existence and continue to act to accomplish the Agency's
goals in the Project Areas and is in the best interests of the health, safety and welfare of
the City's residents; and (2) free the City from committing general fund revenues or other
City assets to pay the Community Remittance for any fiscal year.
SECTION 3. Approval of Agreement. The City Council hereby conditionally
approves the Agreement in substantially the form attached hereto as Exhibit A and
incorporated herein by reference. The Agreement shall be effective upon the Court's Stay
being lifted or modified in a manner that permits the Agency and the City to enter into this
Agreement and the Ordinance electing to participate in the Alternative Voluntary
Redevelopment Program is valid and effective for such purpose, or later ratification or re-
adoption of such Ordinance by the City or adoption of a new Ordinance by the City and, in
each case, such action is effective to allow the City and the Agency to proceed pursuant to
the Alternative Voluntary Redevelopment Program. The Agreement provides that the
Agency's obligation to transfer tax increment revenues to the City and the City's payment
of the Community Remittance will be conditioned upon: (1)a final determination that AB 1 X
26 and AB 1 X 27 are constitutional, and (2) the Ordinance being valid and effective for
such purpose or later ratification or re-adoption of such Ordinance by the City or adoption
of a new Ordinance by the City and, in each case, such action is effective to allow the City
and the Agency to proceed pursuant to the Alternative Voluntary Redevelopment Program.
The City Council authorizes and directs the City Manager to execute the Agreement on
behalf of the City, subject to any minor clarifying, conforming and technical changes as
may be approved by the City Attorney. The City Manager is further authorized and directed
to take such actions and execute such documents as may be necessary to carry out the
obligations of the City under the Agreement.
SECTION 4, CEQA. The City Council finds, under Title 14 of the California
Code of Regulations, Section 15378(b)(4), that this Resolution is exempt from the
requirements of the California Environmental Quality Act ("CEQA") in that it is not a
"project," but instead consists of the creation and continuation of a governmental funding
mechanism for potential future projects and programs, and does not commit funds to any
specific project or program. The City Council, therefore, directs that a Notice of Exemption
be filed with the County Clerk of the County of Riverside in accordance with CEQA
Guidelines.
SECTION 5. Severability. If any provision of this Resolution or the
application thereof to any person or circumstance is held invalid, such invalidity shall not
affect other provisions or applications of this Resolution which can be given effect without
3
the invalid provision or application, and to this end the provisions of this Resolution are
severable. The City Council hereby declares that it would have adopted this Resolution
irrespective of the invalidity of any particular portion thereof.
SECTION 6. Certification. The City Clerk shall certify to the adoption of this
Resolution.
SECTION 7. Effective Date. This Resolution shall become effective upon its
adoption.
PASSED, APPROVED AND ADOPTED at a regular meeting of the City
Council on the 20th day of September, 2011 by the following vote:
AYES: Bartel, Di Mamma, Kotyuk, Ledezma, Miller
NAYS: None
ASSENT: None
ABSTAIN: None
City of San pcinto
� J .
Sco Iler, Mayor
ATTEST:
Richard Miller, City Clerk
APPROVED AS TO FORM:
Best Best & Krieger, LLP
� Z�_ �
J re�e -
y S. Ballinger, Of y Attorney
4
Exhibit A
Community Remittance Funding Agreement
5
COMMUNITY REMITTANCE FUNDING AGREEMENT
This COMMUNITY REMITTANCE; FUNDING AGREEMENT ("Agreement"). is
dated as of September, 20, 20117 by and between the CITY OF SAN JACIrNTO, a California
municipal corporation ("City"), and the REDEVELOPMENT AGENCY OF THE CITY OF
SAN JACINTO, a public body, corporate and politic ("Agency"). The City and the Agency are
sometimes, individually, referred to in this Agreement as a "Party" or are sometimes,
collectiveLy, referred to in this Agreement as the "Parties." The Parties enter into this
Agreement with reference to the following recited facts:
RECITALS
A. Pursuant to the Community Redevelopment Law (Health and Safety Code
sections 33000 et seq.), the City Council of the City created the Agency to serve as the
redevelopment agency within the City; and
B. The Agency has been responsible for implementing the redevelopment plans for
the San Jacinto and Soboba Springs Redevelopment Projects covering certain properties within
the City (collectively, "Project Areas"), and
C. Continued redevelopment of the Project Areas to eliminate blight, improve public
facilities and infrastructure, renovate and construct affordable housing, and enter into
partnerships with private industries to create jobs and expand the local economy is vital to the
health, safety and welfare of the City; and
D. On June 28, 2011, the State of California enacted California Health and Safety
Code Section 34161 et seq. as part of the State's enactment of Assembly Bill 1X 26 ("AB 1X
26"), immediately prohibiting further redevelopment activity by redevelopment agencies and
dissolving all redevelopment agencies in the State of California on October 1, 2011; and
E. On June 28, 2011, the State of California also enacted California Health and
Safety Code Section 34192 ct seq. under Assembly Bill IX 27 ("AB 1X 27") , providing
communities the opportunity to continue redevelopment activity through their local
redevelopment agencies by electing to participate in the "Alternative Voluntary Redevelopment
Program"; and
F. On July 18, 2011, a Petition f'or Writ of Mandate was filed in the Supreme Court
of the State of California in the matter of California Redevelopment Association, et al. v. Ana
Matosantos, et al., Case No. 5194861 ("Legal Action"), challenging the constitutionality of AB
IX 26 and AB 1 X 27, on behalf of cities, counties and redevelopment agencies and requesting a
stay of enforcement of AB IX 26 and AB I X 27, pending the Supreme Court's detennination of
the constitutionality of AB 1X 26 and AB IX 27; and
G. On August 11, 2011, the Supreme Court issued an order in the Legal Action
granting a partial stay of California Health and Safety Code Section 34161 et seq., exclusive of
California Health and Safety Code Sections 34161 through 34167 (which prohibit all new
redevelopment activity), and a complete stay of California Health and Safety Code Section
34192 ei seq., such that the City and the Agcncy cannot currently pursue new redevelopment
activity under the Alternative Voluntary Redevelopment Program (collectively, "Stay"); and
Hl On August 17, 2011, the Supreme Court modified the Stav such that the Stay no
longer affects California Health and Safety Code Sections 34167.5 through 34169.5, in addition
to California Health and Safety Code Sections 34161 through 34167, or California Health and
Safety Code Section 34194(b)(2); and
I. if upheld by the Supreme Court, the Alternative Voluntary Redevelopment
Program would allow the Agency to continue pursuing redevelopment within the City, rather
than being dissolved pursuant to California Health and Safety Code Section 34161 et.seq.; and
J. On July f 9, 2011, the City elected to participate in the Alternative Voluntary
Redevelopment Program by adoption of Ordinance Nos 11-10 and 11-11 ("Ordinances"),
stating the City's election to participate in the program; and
K. The City intends to participate in the AIternative Voluntary Redevelopment
Program under the provisions of California Health and Safety Code Section 34161 et seq., and
California Health and Safety Code Section 34192 et seq., as they existed prior to imposition of
the Stay, because such laws prohibited all new redevelopment activity within the City, would
dissolve the Agency and threaten the future health, safety and welfare of the City; and
L. The City does not intend to participate in the Alternative Voluntary
Redevelopment Program, if all or any portion of California Health and Safety Cade Section
34161 et seq., or California Health and Safety Code Section 34192 car seq., are determined by a
court of competent jurisdiction to be unconstitutional, illegal, invalid or otherwise unenforceable
or inapplicable, for any reason or in any manner that allows the Agency to continue its
operations and redevelopment activities in a manner acceptable to the City Council, without the
City's participation in the Alternative Voluntary Redevelopment Program, and all appeals of
such court determination are exhausted or unsuccessful, or the time for tiling an appeal of such
court determination has lapsed; and
M. Participation in the Alternative Voluntary Redevelopment Program requires the
City to pay certain dollar amounts annually, based on formulas set forth in California Health and
Safety Code Section 34194 ("Community Remittance"), to the County of Riverside Auditor-
Controller; and
N, For Fiscal Year 2011-2012 the State of California Director of Finance was
required to notify the City by August 1, 2011, of' the dollar amount of the Community
Remittance payable by the City to participate in the Alternative Voluntary Redevelopment
Program for such fiscal year; and
O. The State of California Director of Finance notified the City, as of August 1,
2011) that the dollar amount of the Community Remittance payable by the City to participate in
the Alternative Voluntary Redevelopment Program for Fiscal Year 2011-2012 is Two Million
Two Hundred Thirty-One Thousand Six IIundred Fitly Dollars ($2,231,650), and
P. California Health and Safety Code Section 34194.2, which is currently not
effective as a result of the Stay, provides that the City may enter into an agreement with the
Agency, whereby the Agency will transfer to the City a portion of the ad valorem property tax
revenues allocated and actually paid by the County of Riverside ("County") to the Agency in
each fiscal year, beginning with the 2011-2012 fiscal year, pursuant to the redevelopment plans
for each of the Project Areas and 11calth and Safety Code Section 33670 ("Tax Increment"), in
an amount not to exceed the amount of the Community Remittance for such fiscal year, for the
purpose of financing activities within the Project Areas related to the Agency's goals; and
Q. The City and the Agency desire to enter into this Agreement, with the
ellectiveness of this Agreement conditioned on the Supreme Court ordering the Stay lifted or
modified in a manner that permits the Agency and the City to enter into this Agreement; and
R. The City reserves the right, whether or not any Community Remittance has been
paid, to challenge the legality of California Health and Safety Code Section 34161, et seq.,
and/or California Health and Safety Code Section 34192, et seq.
AGREEMENT
NOW, THEREFORE, in consideration of the promises of the City and the Agency
contained in this Agreement and other good and valuable consideration, the City and the Agency
agree as follows:
I. Conditions to Effectiveness of_A regiment. This Agreement shall only become effective
if and when the Supreme Court orders the Stay lifted or modified in a manner that permits the
Agency and the City to enter into this Agreement and the City's Ordinance electing to participate
in the Alternative Voluntary Redevelopment Program is valid and effective for such purpose or
later ratification or rc-adoption of such Ordinance by the City or adoption of a new Ordinance by
the City and, in each case, such action is effective to allow the City and the Agency to proceed
pursuant to the Alternative Voluntary Redevelopment Program.
2. Agency Payments ,to_City to Fund Community Remittance Each Fiscal Year. The
Agency's obligation to make payments to the City pursuant to this Agreement is expressly
conditioned upon ("Condition"): (1) a final determination by the California Supreme Court that
California Health and Safety Code Section 34161, et seq., and California Health and Safety Code
Section 34192, et seq., are constitutional; and (2) the City's ordinance electing to participate in
the Alternative Voluntary Redevelopment Program is valid and effective for such purpose or the
City's later ratification or re-adoption of such ordinance or City adoption of a new ordinance
and, in each ease, such City action is effective to allow the City and the Agency to proceed
pursuant to the Alternative Voluntary Redevelopment Program. Subject to the prier occurrence
of the Condition, on or before each January 10 and May 10 of each fiscal year while this
Agreement is in effect, the Agency shall pay to the City an amount of Tax Increment or other
3
Agency funds equal to one-half of the amount of the Community Remittance for such fiscal ycar;
provided, however, that for the 2011-2012 fiscal year the Agency shall pay to the City an amount
of Tax Increment or other Agency funds equal to the amount of the Community Remittance for
such fiscal year in a time and manner that will allow the City to pay the Community Remittance
to the County for the 2011-2012 fiscal year, within the time required by law. The amount of the
Community Remittance for each fiscal year shall be determined pursuant to California Health
and Safety Code Section 34194. The City and the Agency agree that, if the Agency does not
have sufficient Tax Increment available to pay the full Community Remittance in any fiscal year,
the City shall have no obligation to use City funds for such purpose, in which case the Agency
may be dissolved pursuant to California Health and Safety Code Section 34195.
3. City Payment of Community Remittance Each Fiscal Year. The City's obligation to make
payments of Community Remittances pursuant to this Section 3 is cxpressly conditioned upon
the prior occurrence of the Condition. Subject to the prior occurrence of the Condition and
receipt of Tax Increment or other hinds from the Agency in an amount equal to the amount of the
Community Remittance pursuant to Section 2, the City shall pay to the County of Riverside
Auditor-Controller, no later than January 15 and May 15 of each year, one-half of the amount of
the Community Remittance due for such fiscal year while this Agreement is in effect, provided,
however, that for the 2011-2012 fiscal year the City shall pay the Community Remittance for the
201 L-2012 fiscal year, within the time required by law. The City's obligation to pay such
Community Remittances shall be a special limited fund obligation of the City payable solely
from Tax Increment or other funds paid to the City by the Agency pursuant to this Agreement for
the purpose of paying the Community Remittance in a particular fiscal year. Nothing contained
in this Agreement is intended to nor shall be deemed to be a pledge of the City's general fund
revenues or other City assets to payment of the Community Remittance for any fiscal year.
4. Termination. This Agreement may be terminated by either the City or the Agency, if all
or any portion of California Health and Safety Code Section 34161 et seq., or California Health
and Safety Code Section 34192 et seq., are determined by a court of competent jurisdiction to be
unconstitutional, illegal, invalid or otherwise unenforceable or inapplicable, for any reason or in
any manner. Notwithstanding the foregoing or any other provision of this Agreement, either the
City or the Agency may terminate this Agreement at any fime, for any reason or no reason.
5. Remedies.
5.1 Remedies. City and Agency shall have all remedies available to either of them at
law or in equity under the laws of the State of California regarding any Event of Default by the
other under this Agreement, subject to Section 5.3.
5.2 Rights and Remedies are Cumulative. Except as otherwise expressly stated in
this Agreement, the tights and remedies of the Parties set forth in this Agreement are cumulative
and the exercise by either Party of one or more of such rights or remedies shall not preclude the
exercise by such Party, at the same or different times, of any other rights or remedies for the
same Default or Event of Default or the same rights or rcmedics for any other Default or Event
of Default.
4
5.3 No Consequential Damages. Whenever either Party may seek or claim damages
against the other Party, neither Party shall seek, nor shall there he awarded or granted by any
court, arbitrator, or other adjudicator, any speculative, consequential, collateral, special, punitive,
or indirect damages, whether such breach shall he willful, knowing, intentional, deliberate, or
otherwise. The Parties intend that any damages awarded to either Party shall be limited to actual,
direct damages sustained by the aggrieved Party. Neither Party shall be liable for any loss of
profits suffered or claimed to have been suffered by the other Party.
5.4 Definitions. For purposes of this Agreement, the following terms are defined as
follows:
(a) Default. Any Monctary Default or Non-Monetary Default.
(b) Event of Defauh. The occurrence of any one or more of the following:
(i) Monetary Default, A Monetary Default that continues for thirty
(30) days after Notice from the non-defaulting Party, specifying in reasonable detail the amount
of money not paid and the nature and calculation of each such payment; or
(ii) Non-Monetary Default. Any Non-Monetary Default that is not
cured within thirty (30) days after Notice to the Party alleged to be in Default describing the
Non-Monetary Default in reasonable detail, or, in the case of a Non-Monetary Default that
cannot with reasonable diligence he cured within thirty (30) days after such Notice, if the Party
alleged to be in Default does not do all of the following: (i) within thirty (30) days after Notice of
such Non-Monetary Default, advise the other Party of the intention of the Party alleged to be in
Default to take all reasonable steps to cure such Non-Monetary Default; and (ii) duly commence
such cure, within such period, and then prosecute such cure to completion within a reasonable
time under the circumstances.
(c) Monetary Default. Any failure by either Party to pay or deposit, when and
as this Agreement requires, any amount of money whether to or with a Party or a third person.
(d) Non-Monctary Default. The occurrence of any of the following, except to
the extent constituting a Monetary Default: (a) any failure of it Party to perform any of its
obligations under this Agreement; (b) a Party's failure to comply with any material restriction or
prohibition in this Agreement; or (c) any other event or circumstance that, with passage of time
or giving of Notice, or both, or neither, would constitute a breach of this Agreement.
6. General Provisions.
6.1 Incorporation of Recitals. The recitals of fact set forth preceding this
Agreement are true and correct and are incorporated into this Agreement in their entirety by this
reference.
6.2 Notices, Demands and Communications Between the Parties. Any and all
notices submitted by either Party to the other Party pursuant to or as required by this Agreement
shall he proper, if in writing and transmitted to the address of the City or the Agency, as
applicable, set forth below in this Section 62, by one or more of the following methods: (1)
5
messenger for immediate personal delivery; (2) a nationally recognized overnight (one business
day) delivery service (i.e., Federal Express, United Parcel Service, etc.); or (3) registered or
certified United States mail, postage prepaid, return receipt requested. Such notices may be sent
in the same manner to such other addresses as either Party may designate, from time to time, by
notice. Any notice shall be deemed to be received by the addressee, regardless of whether or
when any return receipt is received by the sender or the date set forth on such return receipt, on
the day that the notice is delivered by personal delivery, on the date of delivery by a nationally
recognized overnight courier service (or when delivery has been attempted twice, as evidenced
by the written report of the courier service) or four (4) calendar days after the notice is deposited
with the United States Postal Service for delivery, as provided in this Section 6.2. Rejection,
other refusal to accept or the inability to deliver a notice because of a changed address of which
no notice was given or other action by a person to whom notice is sent, shall be deemed receipt
of the notice. The Hollowing are the authorized addresses for the submission of notices to the
Parties, as of the date of this Agreement:
To City City of San Jacinto
595 S. San Jacinto Avenl1C
San Jacinto, CA 92583
Attn: City Manager
To Agency: Redevelopment Agency of the
City of San Jacinto
595 S. San Jacinto Avenue
San Jacinto, CA 92583
Attw Executive Director
6.3 Relationship of Parties. The Parties each intend and agree that the City and the
Agency are independent contracting entities and do not intend by this Agreement to create any
partnership, joint venture, or similar business arrangement, relationship or association between
them.
6.4 Survival of Agreement. All of the provisions of this Agreement shall be
applicable to any dispute between the Parties arising from this Agreement. whether prior to or
following expiration or termination of this Agreement, until any such dispute is finally and
completely resolved between the Parties, either by final written settlement, entry of a non-
appealable judgment or expiration of all applicable statutory limitations periods and all tenns and
conditions of this Agreement relating to dispute resolution and limitations on damages or
remedies shall survive any expiration or termination of this Agreement.
6.5 Calculation of Time Periods. Unless otherwise speeifiied, all references to time
periods in this Agreement measured in days shall be to consecutive calendar days, all references
to time periods in this Agreement measured in months shall be to consecutive calendar months
and all references to time periods in this Agreement measured in years shall be to consecutive
calendar years.
6.6 Principles of Interpretation. No inference in favor of or against any Party shall
be drawn from the fact that such Party has drafted any part of this Agreement. The Parties have
6
both participated substantially in the negotiation, drafting, and revision of this Agreement, with
advice from legal and other counsel and advisers of their own selection. A word, term or phrase
defined in the singular in this Agreement may be used in the plural, and vice versa, all in
accordance with ordinary principles of English grammar, which shall govern all language in this
Agreement. The words "include' and "including" in this Agreement shall be construed to be
followed by the words: "without limitation." Each collective noun in this Agreement shall be
interpreted as if followed by the words "(or any part of it)," except where the context clearly
requires otherwise. Every reference to any document, including this Agreement, refers to such
document, as modified from time to time (excepting any modification that violates this
Agreement), and includes all exhibits, schedules, addenda and riders to such document. The
word "or" in this Agreement includes the word "and." Every reference to a law, statute,
regulation, order, form or similar governmental requirement refers to each such requirement as
amended, modified, renumbered, superseded or succeeded, from time to time.
6.7 Governing Law. The substantive and proced"ral laws of the Statc of California
shall govern the interpretation and enforcement of this Agreement, without application of
conflicts or choice of laws principles.
6.8 Binding on Successors and Assigns. This Agreement shall be binding upon and
inure to the benefit of the Parties and their respective legal representatives, successors and
assigns.
6.9 No Other Representations or Warranties. Except as expressly set forth in this
Agreement, no Party makes any representation or warranty material to this Agreement to any
other Party.
6.10 No Third-Party Beneficiaries. Nothing in this Agreement, express or implied, is
intended to confer any rights or remedies under or by reason of this Agreement on any person
other than the Parties and their respective permitted successors and assigns, nor is anything in
this Agreement intended to relieve or discharge any obligation of any third person to any Party or
give any third person any right of subrogation or action over or against any Party.
6.11 Signature in Counterparts. This Agreement may be signed by the authorized
representatives of the Parties in multiple counterpart originals, each of which shall be deemed to
be an original, but all of which together shall constitute one and the same document.
6.12 Entire Agreement. This Agreement includes nine (9) pages that constitute the
entire understanding and Agreement of the Parties regarding the subjects addressed in this
Agreement. This Agreement integrates all of the terms and conditions mentioned in this
Agreement or incidental to this Agreement, and supersedes all negotiations or previous
agreements between the Parties with respect to the subjects addressed in this Agreement.
6.13 Time Declared to be of the Essence. As to the performance of any obligation
under this Agreement of which time is a component, the performance of such obligation within
the time specified is of the essence.
6.14 No Implied or Continuing Waiver. Failure to insist on any one occasion upon
strict compliance with any term, covenant, condition, restriction or agreement contained in this
7
Agreement shall not be deemed a waiver of such term, covenant, condition, restriction or
agreement, nor shall any waiver or relinquishment of any rights or powers under this Agreement,
at any one time or more times, be deemed a waiver or relinquishment of such right or power at
any other time or times. All waivers of the provisions of this Agreement and all amendments to
this Agreement must be in writing and signed by the authorized representative(s) of both the City
and the Agency.
[Signatures on the following pagel
8
SIGNATURE PAGE
TO
COMMUNITY REMITTANCE FUNDING AGREEMENT
CITY OF SAN JACINTO, REDEVELOPMENT AGENCY OF THE
a California municipal corporation CITY OF SAN JACINTO
a public body, corporate and politic
Tim Hults Tim Hults
City Manager Executive Director
ATTEST:EST: ATTEST::
By: By: �, ,
Richard Miller, City Clerk Richard Miller, Agency Secretary
APPROVED AS TO FORM: APPROVED AS TO FORM:
Best Best & Krieger LLP Best Best & Krieger, LLP
ByQ �-/ By: .-1
1e�S. Balli er Jeffre-y S. Ba1� Tinge'
City Attorney Agency Counsel
9