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HomeMy WebLinkAboutResolution - RDA 11-11 STATE OF CALIFORNIA ) RESOLUTION NO. RDA 11-11 COUNTY OF RIVERSIDE ) ss CITY OF SAN JACINTO ) A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF SAN JACINTO APPROVING AND ADOPTING A REVISED ENFORCEABLE OBLIGATION PAYMENT SCHEDULE PURSUANT TO AB IX 26 WHEREAS, pursuant to the Community Redevelopment Law (f lealth and Safety Code Sections 33000 et seq.), the City Council of the City of San Jacinto ("City") created the Redevelopment Agency of the City of San Jacinto ("Agency"); and WHEREAS, the Agency has been responsible for implementing the Redevelopment Plan(s) for the San Jacinto, Soboba Springs and the Merged, Amended and Restated Redevelopment Project(s) covering certain properties within the City ("Project Areas)"); and WHEREAS, as part of the 201 1-2012 State budget bill, the California State Legislature recently enacted, and the Govemor signed, companion bills AB 1X 26 and AB IX 27, which eliminate every redevelopment agency unless the community that created it adopts an ordinance ("Continuation Ordinance") agreeing to participate in an Alternative Voluntary Redevelopment Program ("Alternate Redevelopment Program") which requires the payment of an annual "community remittance" payment; and r... WHEREAS, AB 1X 26 also requires redevelopment agencies to adopt, by August 27, 2011, an Enforceable Obligation Payment Schedule ("EOPS") which will serve as the basis for the payment of the Agency's outstanding financial obligations if the City does not adapt an ordinance electing to participate in the Alternate Redevelopment Program and the Agency is dissolved; and WHEREAS, the City adopted an urgency version of the Continuation Ordinance on July 19, 2011. The City also held a first reading of a regular version of the Continuation Ordinance on July 19, 2011 and a second reading on August 16, 2011: and WHEREAS, since the adoption of the urgency ordinance the Agency has been operating under the provisions of AB 1 x 27; and WHEREAS, the California League of Cities and the California Redevelopment Association filed suit in the Supreme Court of the State of California challenging the constitutionality of AB 1 X 26 and AB 1 X 27; and WHEREAS, on August 11, 2011, the Supreme Court agreed to take the case and issued an immediate stay of AB I X 27 in its entirety and a partial stay of AB LX 26; and WHEREAS, because AB 1X 27, the statutory scheme which the City and Agency had opted into through the adoption of the Continuation Ordinance, has been stayed, it appears the Agency must adopt an EOPS at this time because although the Court order stayed enforcement of Health and Safety Code Section 34169, the Court order left in place 11calth and Safety Code Section 34167 which relies upon and makes reference to an adopted FOPS; and 99999 91d58'hM6Q 21 WHEREAS, the Agency Board adopted the EOPS on August 16, 2011 with Resolution No. RDA 1 1-09, and staff subsequently realized additional obligations that were omitted from the LOPS; and WHEREAS, adoption of the Revised EOPS is important as the Agency may be limited to only making payments for debts and obligations listed on the Revised EOPS during the time the stay is in place. NOW, 'THEREFORE, THE REDEVELOPMENT AGENCY OF TILE CITY OF SAN JACINTO DOES HEREBY RESOLVE AS FOLLOWS: Section 1. Recitals. The Recitals set forth above are true and correct and incorporated herein by reference. Section 2. Approval of EOPS. -file Agency hereby approves and adopts the Enforceable Obligation Payment Schedule Revised, in substantially the form attached hereto as Exhibit A, as required by the recently enacted legislation AB I 26. Section 3. Postina; Transmittal to Appropriate Agencies. The Executive Director is hereby authorized and directed to post a copy of the Revised FOPS on the C'ity's website. The Executive Director is further authorized and directed to transmit, by mail or electronic mcans, to the Riverside County Auditor-Controller, the State Controller and the Department of Finance, notification providing the website location of the posted Revised FOPS and other information as required by AR 1 X 26. w PASSED, APPROVED AND ADOPTED this 20`1' day of September, 2011, by the following vote: Ayes: Bartel, Di Memmo, Kotyuk, Ledezma, Miller Nays: None Absent: None Abstain: None City of Sa[nn JJacintc).Red evelopment Agency Scott Miller, Chairman ATTE, .': Richard Millor, Agency Secretary APPROVED AS TO FORM: Best Best & Krieger, LLP Jeffrey ' . Balling , Agency Counsel 99999-9145Hi M52652. 22 FXHIBIT A ENFORCEABLE. OBLIGATION PAYMENT SCHEDULE rrr 99999 91459,r H 52W nwi m u�Y rn Q' p o o o o C) c a m o C] r N ^ v }_ l➢ N W Q> O U b V M1 O W n pl � n n V �] t7 M1 N h 1 F O] r 49 Hf c9 ci] ✓3 Vi .fi [f3 W ffi W 1i3 W f/! 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