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HomeMy WebLinkAboutSA Reso 2014-06 Recognized Obligation Payment Schedule (ROPS 14-15A) July to DecemberRESOLUTION NO. SA- 2014 -06 A RESOLUTION OF THE SUCCESSOR AGENCY OF THE REDEVELOPMENT AGENCY OF THE CITY OF LAKE ELSINORE APPROVING THE RECOGNIZED OBLIGATION PAYMENT SCHEDULE (ROPS14 -15A) FOR JULY 1, 2014 THROUGH DECEMBER 31, 2014 WHEREAS, the Successor Agency of the Redevelopment Agency of the City of Lake Elsinore (the "Successor Agency') is charged with implementing recognized enforceable obligations and winding down of the affairs of the former Redevelopment Agency of the City of Lake Elsinore (the "Agency ") in accordance with the California Health and Safety Code; and WHEREAS, Health and Safety Code Section 34169 requires the Successor Agency to prepare and adopt a 'Recognized Obligation Payment Schedule" that lists all obligations of the former redevelopment agency that are enforceable within the meaning of subdivision (d) of Section 34167 for six month periods, including July 2014 through December 2014; and WHEREAS, AB 1484 requires that the ROPS 14 -15A for the period July 1, 2014 through December 31, 2014 must be submitted to the Department of Finance and the State Controller's office, after approval by the Oversight Board, no later than March 3, ,2013 or be subject to penalties; and WHEREAS, on February 25, 2014, the Oversight Board to the Successor Agency of the Redevelopment Agency of the City of Lake Elsinore considered and approved the Recognized Obligation Payment Schedule 14 -15A for the period July 1, 2014 through December 31, 2014; and WHEREAS, all other legal prerequisites to the adoption of this Resolution have occurred. NOW, THEREFORE, THE SUCCESSOR AGENCY OF THE REDEVELOPMENT AGENCY OF THE CITY OF LAKE ELSINORE, DOES HEREBY RESOLVE, DETERMINE AND ORDER AS FOLLOWS: SECTION 1. The Recitals set forth above are true and correct and incorporated herein by reference. SECTION 2. The Successor Agency hereby approves the Schedule attached hereto as Exhibit A as the Recognized Obligation Payment Schedule 14 -15A for the period July 1, 2014 through December 31, 2014. Pursuant to Health & Safety Code Section 34173, the Successor Agency's liability, including, but not limited to, its liability for the obligations on the attached schedule, is limited to the total sum of property tax revenues it receives pursuant to Part 1.85 of AB X1 26. Successor Agency Resolution SA 2014 -06 Page 2 of 2 SECTION 3. Executive Director Yates, or his designee, is hereby authorized to submit the ROPS to such parties as may be required in accordance with the Health & Safety Code, and to take such other actions on behalf of the Successor Agency with respect to the ROPS as may be necessary in accordance with applicable law. SECTION 4. 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 the invalid provision or application, and to this end the provisions of this Resolution are severable. The Successor Agency hereby declares that it would have adopted this Resolution irrespective of the invalidity of any particular portion thereof. SECTION 5. This Resolution shall take effect from and after the date of its passage and adoption in accordance with, and subject to, all applicable requirements of the Health & Safety Code. PASSED, APPROVED AND ADOPTED at a regular meeting of the Successor Agency of the Redevelopment Agency of the City of Lake Elsinorb, held this 25"' day of February 2014. , Vice Chairperson ATTEST: Di'ana'Giron, Agency Deputy Clerk W 11 OKOILVA MR72M • • ' �I STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) ss. CITY OF LAKE ELSINORE ) I, Diana Giron, Deputy Clerk of the Board of the Successor Agency of the Redevelopment Agency for the City of Lake Elsinore, California, hereby certify that Resolution No. SA 2014 -06 was adopted by the Successor Agency, at a regular meeting held on the 25 day of February 2014, and that the same was adopted by the following vote: AYES: NOES: ABSENT: ABSTAIN Agency Member Hickman, Agency Tisdale and Vice Chairman Manos None Member Magee, Agency Member Chair Johnson None Diana Giron, Deputy Clerk of the Board a R E E O a ui @ a � o N N 0m It @ a y E O � 'O ❑ ts v rn o w Y c Cm v E N CL T c � O � �V @ r ISI - o N 0 V Q' U dt Q `o U c O (n w O O E E z z a 0 .. a c 3 U w `o fNll U N yam_ T a 3 N a w c 0 wo O @ a @ U O W G m c 'v LL w c LL F" a Q: v 0 0 a v 7 v r Ul 3 6 - - Y �j Fa@ N ❑ E z E w - v y N U O c T U N @ m U) a° @ 0 E C � @ @ U C w @ @ cc R O E @ @ @ n `0 0 0 N N o E w m m o 0 O N L @ L -y M NU) 5 c o (D .6t E @ T Om �. @ c o L a o c �p C 0.0 -F E2 U a @c 0 @ G !n m C 'O LL F- F a v c LL N E- x �T L a c a o •• � a m o c y 'O LL ❑ � LL f'• W K ,@ Q c Z ) v c @ L N z p = o m a •3 a rn p v a O o o p o w C uo.. m OI OI p LL N o K y a v c `o tea- c U w a LL M W d❑ N @ C N_ 7 w o U m o o c E m 0 •o d+ ❑ v y a p E O m K o O Z Q _ O w a W N w U C Q m U ❑ w a (7 x a 0 .. a c 3 U w `o fNll U N yam_ T a 3 N a w c 0 wo O @ a @ U O W G m c 'v LL w c LL F" a Q: v 0 0 a v 7 v r Ul 3 6 - - Y �j Fa@ N ❑ E z E w - v y N U O c T U N @ m U) a° @ 0 E C � @ @ U C w @ @ cc R O E @ @ @ n `0 0 0 N N o E w m m o 0 O N L @ L -y M NU) 5 c o (D .6t E @ T Om �. @ c o L a o c �p C 0.0 -F E2 U a @c 0 @ G !n tm $� o a yE F� d sk nf°g A �" $mGw s° ¢E fr � P' z - z z z zzz s � a 000m a an a s o`. «0 "3 vgEvsvax o u€ °mHC mo3 % ol czsit PP PoEE.ee'C% % % ¢ E'% �•a „eo E % oor pBS.z. 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