HomeMy WebLinkAboutSA Reso 2015-001 Recognized Obligation Payment Schedule (ROPS 15-16A) July to DecemberRESOLUTION NO. SA- 2015 -001
A RESOLUTION OF THE SUCCESSOR AGENCY OF THE
REDEVELOPMENT AGENCY OF THE CITY OF LAKE ELSINORE
APPROVING THE RECOGNIZED OBLIGATION PAYMENT
SCHEDULE (ROPS 15 -16A) FOR JULY 1, 2015 THROUGH
DECEMBER 31, 2015
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 2015 through
December 2015; and
WHEREAS, AB 1484 requires that the ROPS 15 -16A for the period July 1, 2015
through December 31, 2015 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,
2015 or be subject to penalties; and
WHEREAS, on February 24, 2015, 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 15 -16A for the period of July 1,
2015 through December 31, 2015; 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 submitted
concurrent herewith as the Recognized Obligation Payment Schedule 15 -16A for July 1,
2015 through December 31, 2015. 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 NO. SA 2015 -001
Page 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 Elsinore, held this 24th day of
February, 2015.
APPROVED AS
Agency Counsel
9 nos, Chairperson,
ssor Agency of the
Re evelopment Agency of the City
of Lake Elsinore
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) ss.
CITY OF LAKE ELSINORE )
I, Virginia J. Bloom, 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
2015 -001 was adopted by the Successor Agency, at a regular meeting held on the 24th
day of February 2015, and that the same was adopted by the following vote:
AYES: Agency Member Tisdale, Vice Chair Manos, Agency Member Magee, and
Chair Johnson
NOES: None
ABSENT: Agency Member Hickman
ABSTAIN: None
Virginia J. goom, Irk of the Board