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HomeMy WebLinkAboutResolution - 11-16 STATE OF CALIFORNIA ) RESOLUTION NO. RDA 11-16 COUNTY OF RIVERSIDE ) ss CITY OF SAN JACINTO ) A RESOLUTION OF THE SAN JACINTO REDEVELOPMENT AGENCY APPROVING AND ADOPTING A REVISED ENFORCEABLE OBLIGATION PAYMENT SCHEDULE PURSUANT TO AB 1X 26 WHEREAS, pursuant to the Community Redevelopment Law (Health and Safety Code § 33000, et seq.) ("CRL"), the City Council of the City of San Jacinto ("City") created the San Jacinto Redevelopment Agency("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; and WHEREAS, as part of the 2011-2012 State budget bill, the California State Legislature recently enacted, and the Governor signed, companion bills AB 1 X 26 and AB 1X 27, which eliminate every redevelopment agency unless the community that created it adopts an ordinance agreeing to participate in an Alternative Voluntary Redevelopment Program which requires the payment of an annual "community remittance" payment; and WHEREAS, on July 18, 2011, the League of California Cities and the California Redevelopment Association filed suit in the Supreme Court of the State of California challenging the constitutionality of and requesting a stay of enforcement of AB 1 X 26 and AB 1X 27; and WHEREAS, on August 11, 2011, the Supreme Court agreed to take the case and issued and order for the immediate stay of the enforcement of AB 1 X 26 in part and AB 1 X 27 in its entirety; and WHEREAS, on August 17, 2011, the Court modified its stay to clarify that Health and Safety Code Sections 34161 through 34169.5 are not subject to the stay; and WHEREAS, Health and Safety Code Section 34169, enacted by AB 1X 26, requires redevelopment agencies to adopt, by August 27, 2011, an Enforceable Obligation Payment Schedule ("EOPS"), which would allow the Agency to make payments on debts and obligations listed on the EOPS while the stay is in effect; WHEREAS, on August 16, 2011, the Agency adopted Resolution No, RDA 11-09 which approved and adopted the EOPS; and WHEREAS, Health and Safety Code Section 34169(g)(2) provides that the FOPS .` may be amended at a public meeting of the Agency; and 24438.3000U6987364. i WHEREAS, on September 20, 2011, the Agency adopted Resolution No. RDA 11- 11 , approving and adopting a revised EOPS at a regular public meeting of the Agency; and WHEREAS, the Agency desires to revise the EOPS to include an additional enforceable obligation of the Agency in the form of a loan agreement, with a total outstanding amount of up to $56,855, made under the Agency's Housing Rehabilitation Program, to Ms. Julien Kim, a homeowner in the City of San Jacinto and an eligible participant in the Housing Rehabilitation Program ('Rehabilitation Loan"); and WHEREAS, the terms of the Rehabilitation Loan are set forth in a legally binding and enforceable Housing Rehabilitation Program Agreement between the Agency and Ms. Kim, dated October 6, 2009, as well as other related documents including a deed of trust securing the loan; and WHEREAS, all other legal prerequisites to the adoption of this Resolution have occurred. NOW,THEREFORE, BE IT RESOLVED,determined and ordered by the Governing Board of the San Jacinto Redevelopment Agency ("Governing Board") as follows: Section 1. Recitals. The Recitals set forth above are true and correct and incorporated herein by reference. Section 2. Approval of Revised FOPS. The Governing Board hereby approves and adopts the Revised Enforceable Obligation Payment Schedule ("Revised EOPS"), which includes the Rehabilitation Loan as an enforceable obligation, in substantially the form attached hereto as Exhibit A, as required by Health and Safety Code Section 34169. Section 3. Posting; Transmittal to Appropriate Agencies, The Executive Director is hereby authorized and directed to post a copy of the Revised EOPS on the City's website. The Executive Director is further authorized and directed to transmit, by mail or electronic means, to the Riverside County Auditor-Controller, the State Controller and the Department of Finance, notification providing the website location of the posted Revised EOPS and other information as required by AB 1X 26. Section 4. Effective Date. Pursuant to Health and Safety Cade Section 34169(i), the Agency's action to adopt the Revised FOPS as set forth herein shall not be effective for three (3) business days following adoption of this Resolution, pending a request for review of the EOPS by the Department of Finance. 244B 10000 r, R7164 1 2 PASSED, APPROVED AND ADOPTED this 18th day of October, 2011, by the following vote: Ayes: Bartel, Di Memmo, Kotyuk, Ledezma, Miller Nays: None Absent: None Abstain: None Scott Miller, Chair San Jacinto Redevelopment Agency ATTEST: 1 ' Ric arcs Miller, Agency Secretary San Jacinto Redevelopment agency 14438 30000'6987364. 1 3 CERTIFICATION I, Richard Miller, Secretary of the City of San Jacinto Redevelopment Agency, do hereby certify that the foregoing Resolution was regularly introduced and adopted by the Governing Board of the City of San Jacinto Redevelopment Agency, at a regular meeting thereof held on the 18th day of October, 2011 . IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the City of San Jacinto, California this 18th day of October, 2011. Richard Miller, Agency Secretary 24439 30000 699'2ae4_ 14 EXHIBI Y A REVISED ENFORCEABLE OBLIGATION PAYMENT SCHEDULE 2443R.3W)fjo 69H;3t34. 15 0 0 0 O 0 0 0 V 0 v m o 0 o n o 0 o ry N o m o o ❑ ❑ o a o 0 0 0 m m ❑ m m ❑ ❑ ❑ m ❑ ❑ m ❑ m o m r 0 N ry v N N m v� m � ❑ ❑ ❑ n m �n ❑ 0 ❑ 0 o m r rD o ro N ui m o 0 0 v n o rn n: m r- ti r v rn m' ri � m N n n w n M df w M vi w eA w e9 vi w eA ✓f M df M M r9 tR W vi ✓f W w w fA w w w vi w » M M to 0 ❑ 0 ❑ ❑ ❑ ❑ m ❑ 0 0 ❑ ❑ ut �n 0 0 0 0 0 0 0 m o 0 0 0 0 m m W ❑ O 6 ❑ ❑ O N N ❑ O M ❑ N N y N N ❑ N N C N a a N N m ❑ ❑ ❑ ❑ ❑ ❑ ❑ ❑ m ❑ ❑ ❑ ❑ ❑ ❑ m m a`i v ri 0 0 0 0 0 N 0 0 0 v 0 ri ri c m ❑ a ❑ 0 0 0 ❑ M ❑ ❑ ❑ ❑ N ❑ m m d �. en M M ❑` ❑ ❑, ❑ ❑ v ❑, ❑ ❑ 0 0 0 0❑, 0 0 0 ❑ o v le m of ❑ m o ❑ ❑ 0 N ❑ n 0 w m 5 E m p w v o p 0 0 0 0 (D 0 ry 0 u M yr m p � o p p 0 v v �n m ❑ v v _ n Id O N Y] m Imo. 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