HomeMy WebLinkAbout0008_2_SA Reso 2016-00_ Re ROPS 16-17B 092716RESOLUTION NO. SA-2016-___
A RESOLUTION OF THE SUCCESSOR AGENCY OF THE
REDEVELOPMENT AGENCY OF THE CITY OF LAKE ELSINORE,
CALIFORNIA,APPROVING THE AMENDED RECOGNIZED
OBLIGATION PAYMENT SCHEDULE (ROPS 16-17B) FOR JANUARY 1,
2017 THROUGH JUNE 30, 2017
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, Senate Bill (SB) 107, enacted in September 2016, added Health and Safety Code
(“HSC”) Section 34177(o) requiring 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 34171 for twelve month
periods, including July 2016 through June 2017; and,
Whereas, SB 107 permits an amended ROPS 16-17B for the period January 1, 2017 through
June 30, 2017 to be submitted to the Department of Finance and the State Controller’s office,
after approval by the Oversight Board, no later than October 3, 2016 or be subject to penalties;
and,
Whereas, HSC Section 34177.7(o)(1)(E), permits an Amended ROPS 16-17B provided that the
Oversight Board makes a finding that a revision to the ROPS is necessary for the payment of
approved enforceable obligations during the ROPS 16-17B period, and,
Whereas, on September 29, 2016, the Oversight Board to the Successor Agency of the
Redevelopment Agency of the City of Lake Elsinore will meet to consider making the required
finding and approval of the Amended Recognized Obligation Payment Schedule 16-17B for the
period January 1, 2017 through June 30, 2017; 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, CALIFORNIA, DOES HEREBY RESOLVE, DETERMINE 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 Amended Recognized Obligation Payment Schedule 16-17B for the period January 1,
2017 through June 30, 2017. 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.
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
Resolution No. SA-2016-___
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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 by the Successor Agency of the Redevelopment Agency of
the City of Lake Elsinore, California, this 27th day of September, 2016.
Brian Tisdale, Chair,
ATTEST:
Susan M. Domen, MMC
Agency Secretary
APPROVED AS TO FORM:
Barbara Leibold
Agency Counsel
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) ss.
CITY OF LAKE ELSINORE )
I, Susan M. Domen, MMC, Secretary of the Successor Agency of the Redevelopment Agency of
the City of Lake Elsinore, California, hereby certify that Resolution No. 2016- was adopted by
the Successor Agency of the Redevelopment Agency of the City of Lake Elsinore at a Regular
meeting held on the 27th day of September, 2016 by the following vote:
AYES:
NOES:
ABSTAIN:
ABSENT:
Susan M. Domen, MMC, Agency Secretary
EXHIBIT A
AMENDED ROPS 16-17B
[attached]