RESOLUTION NO. RSA -2023-01
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
PLACENTIA, CALIFORNIA, ACTING AS THE SUCCESSOR
AGENCY TO THE REDEVELOPMENT AGENCY OF THE
CITY OF PLACENTIA, APPROVING AND ADOPTING THE
RECOGNIZED OBLIGATION PAYMENT SCHEDULE FOR
THE PERIOD OF JULY 1, 2023 TO JUNE 30, 2024 (ROPS
23-24)
A. Recitals.
(i) On December 29, 2011, the California Supreme Court delivered its decision in California Redevelopment Association v. Matosantos, finding ABx1 26 ("Dissolution Act") largely constitutional.
(ii) The Dissolution Act and the California Supreme Court's decision in California Redevelopment Association v. Matosantos, all California redevelopment agencies, including the Redevelopment Agency for the City of Placentia ("former Agency"), were dissolved on February 1, 2012.
(iii) On January 17, 2012, the Placentia City Council adopted Resolution No. R- 2012-03 accepting for the City, the role of Successor Agency to the former Redevelopment Agency ("Successor Agency").
(iv) California Health and Safety Code § 34177 provides that before each twelve- month fiscal period, successor agencies to former redevelopment agencies must prepare a Recognized Obligation Payment Schedule ("ROPS") for the enforceable obligations of a former redevelopment agency. The next twelve-month period for which a ROPS is required is the period that commences on July 1, 2023 and ends on June 30, 2024 ("ROPS 23-24").
(v) The City Council, in its capacity as the Successor Agency, desires to adopt this Resolution approving the ROPS 23-24 in accordance with California Health and Safety Code § 34177, which covers the twelve-month fiscal period that commences on July 1, 2023 and ends on June 30, 2024.
(vi) All legal prerequisites to the adoption of this Resolution have occurred.
B. Resolution.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PLACENTIA,
CALIFORNIA, ACTING AS THE SUCCESSOR AGENCY TO THE REDEVELOPMENT
AGENCY OF THE CITY OF PLACENTIA, DOES HEREBY FIND, DETERMINE AND RESOLVE AS FOLLOWS:
1. In all respects as set forth in the Recitals, Part A., of this Resolution.
Resolution RSA -2023-01 ATTACHMENT 1
2. The City Council, acting in its capacity as the Successor Agency, approves and authorizes transmittal of the ROPS 23-24, covering the period of July 1, 2023 through June 30, 2024, in substantially the form attached hereto as Exhibit "A", as required by State law.
3. In retaining the responsibilities of the Redevelopment Agency of the City of Placentia as provided in California Health and Safety Code § 34177, the City Council expressly determines, recognizes, reaffirms, and ratifies the statutory limitation on the City and the City Council's liability in retaining the responsibilities of the Redevelopment Agency of the City of Placentia under AB X1 26, AB 1484, and SB 107. Nothing in this Resolution shall be construed as a commitment, obligation, or debt of the City or any resources, funds, or assets of the City to fund the City's service as the Successor Agency to the Redevelopment Agency of the City of Placentia as provided in this Resolution.
4. The City Administrator, or his designee, hereby is authorized and directed to submit the ROPS 23-24 set forth in Exhibit "A" to the Oversight Board for approval and transmittal to all required County and State agencies as well as to post the ROPS 23-24 on the Successor Agency's website.
PASSED, APPROVED and ADOPTED THIS 11TH DAY OF JANUARY 2023.
Ward Smith, Chairman
ATTEST:
Robert McKinnell, Agency Secretary
Resolution RSA -2023-01 ATTACHMENT 1
I, Robert McKinnell, Secretary of the Successor Agency to the Redevelopment Agency of the City of Placentia do hereby certify that the foregoing Resolution No. RSA -2023-01 was adopted at a regular meeting of the City Council acting as the Successor Agency to the Redevelopment Agency of the City of Placentia held on the 10th day of January 2023 by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
Councilmembers:
Councilmembers:
Councilmembers:
Councilmembers:
Robert McKinnell, Agency Secretary
APPROVED AS TO FORM:
Christian L. Bettenhausen, General Counsel
Resolution RSA -2023-01 ATTACHMENT 1
Exhibit A:
Recognized Obligation Payment Schedule for July 1, 2023 to June 30, 2024 (ROPS 23-24)
(SEE STAFF REPORT ATTACHMENT 2)