AGENDA
SPECIAL MEETING
SUCCESSOR AGENCY TO THE FORMER REDEVELOPMENT AGENCY
OF THE CITY OF REDONDO BEACH
TUESDAY, JANUARY 16, 2024 - 6:00 P.M.
REDONDO BEACH CITY COUNCIL CHAMBERS
415 DIAMOND STREET
Per Redondo Beach City Council Resolution No. CC-1201-561 the Redondo Beach City Council became the Successor Agency to the Redevelopment Agency of the City of Redondo Beach Pursuant To Part 1.85 of Division 24 of the California Health and Safety Code Acting as the Successor Agency to the Redevelopment Agency.
CALL MEETING TO ORDER
ROLL CALL
A. APPROVAL OF ORDER OF AGENDA
B. ADDITIONAL ITEMS FOR IMMEDIATE CONSIDERATION
B1. BLUE FOLDER ITEMS
Blue folder items are additional back up material to administrative reports and/or public comments received after the printing and distribution of the agenda packet for receive and file.
C. CONSENT CALENDAR
Business items, except those formally noticed for public hearing, or those pulled for discussion are assigned to the Consent Calendar.
The AGENCY Members may request that any Consent Calendar item(s) be removed, discussed, and acted upon separately. Items removed from the Consent Calendar will be taken up under the “Excluded Consent Calendar” section below. Those items remaining on the Consent Calendar will be approved in one motion following Oral Communications.
C1. APPROVAL OF AFFIDAVIT OF POSTING for the Successor Agency to the Former Redevelopment Agency of the City of Redondo Beach meeting of January 16, 2024.
C2. APPROVAL OF MOTION TO READ BY TITLE ONLY and waive further reading of all Ordinances and Resolutions listed on the agenda.
C3. APPROVAL OF THE MINUTES OF THE:
a. Special Meeting of January 17, 2023.
C4. ADOPT BY TITLE ONLY RESOLUTION NO. SA-2401-01, A RESOLUTION OF THE
SUCCESSOR AGENCY TO THE FORMER REDEVELOPMENT AGENCY OF THE CITY
OF REDONDO BEACH, CALIFORNIA APPROVING AND ADOPTING A RECOGNIZED
OBLIGATION PAYMENT SCHEDULE PURSUANT TO CALIFORNIA HEALTH AND SAFETY CODE SECTION 34177(I).
CONTACT: WENDY COLLAZO, FINANCE DIRECTOR
D. EXCLUDED CONSENT CALENDAR ITEMS
E. PUBLIC PARTICIPATION ON NON-AGENDA ITEMS
This section is intended to provide members of the public with the opportunity to comment on any subject that does not appear on this agenda for action. This section is limited to 30 minutes. Each speaker will be afforded three minutes to address the Successor Agency to the Former Redevelopment Agency. Each speaker will be permitted to speak only once. Written requests, if any, will be considered first under this section.
F. EX PARTE COMMUNICATIONS
G. PUBLIC HEARINGS
H. OLD BUSINESS
I. NEW BUSINESS
J. MEMBERS ITEMS AND REFERRALS TO STAFF
K. ADJOURNMENT
It is the intention of the City of Redondo Beach to comply with the Americans with Disabilities Act (ADA) in all respects. If, as an attendee or a participant of this meeting you will need special assistance beyond what is normally provided, the City will attempt to accommodate you in every reasonable manner. Please contact the City Clerk’s Office at (310) 318-0656 at least forty-eight (48) hours prior to the meeting to inform us of your particular needs and to determine if accommodation is feasible. Please advise us at that time if you will need accommodations to attend or participate in meetings on a regular basis. An Agenda Packet is available 24 hours a day at www.redondo.org under the City Clerk and during City Hall hours. Agenda Packets are also available for review in the Office of the City Clerk.
Any writings or documents provided to a majority of the members of the Authority regarding any item on this agenda will be made available for public inspection at the City Clerk’s Counter at City Hall located at 415 Diamond Street during normal business hours
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) SS
CITY OF REDONDO BEACH )
AFFIDAVIT OF POSTING
In compliance with the Brown Act, the following materials have been posted at the locations indicated below.
Legislative Body Successor Agency
Posting Type Special Meeting Agenda
Posting Locations 415 Diamond Street, Redondo Beach, CA 90277 ✓ Adjacent to Council Chambers
Meeting Date & Time January 16, 2024 6:00 p.m. Open Session As City Clerk of the City of Redondo Beach, I declare, under penalty of perjury, the document noted above was posted at the date displayed below.
Eleanor Manzano, City Clerk
Successor Agency
Date: January 11, 2024
MOTION TO READ BY TITLE ONLY
and waive further reading of all
Ordinances and Resolutions on the Agenda.
Recommendation - Approve
MINUTES – SUCCESSOR AGENCY
SPECIAL MEETING
January 17, 2023
Minutes
Special Meeting
Redondo Beach
Successor Agency to the Former
Redevelopment Agency
Tuesday, January 17, 2023
SPECIAL MEETING OF THE SUCCESSOR AGENCY TO THE FORMER
REDONDO BEACH REDEVELOPMENT AGENCY
CALL MEETING TO ORDER
Vice Chair Nehrenheim called a Special Meeting of the Redondo Beach Successor Agency to the Former Redevelopment Agency to order at 6:35 p.m.
ROLL CALL
Members Present: Emdee, Horvath, Loewenstein, Obagi, Vice Chair Nehrenheim Members Absent: Chair Brand
A. APPROVAL OF ORDER OF AGENDA
Motion by Member Obagi, seconded by Member Emdee, to approve the Consent Calendar, as presented.
There being no objections, Vice Chair Nehrenheim so ordered.
B. ADDITIONAL ITEMS FOR IMMEDIATE CONSIDERATION - None
B.1. BLUE FOLDER ITEMS - None
C. CONSENT CALENDAR
C1. APPROVAL OF AFFIDAVIT OF POSTING for the Successor Agency to the Former Redevelopment Agency of the City of Redondo Beach meeting of January 17, 2023.
C2. APPROVAL OF MOTION TO READ BY TITLE ONLY and waive further reading of all Ordinances and Resolutions listed on the agenda.
C3. APPROVAL OF THE MINUTES OF THE:
a. Special Meeting of January 18, 2022.
C4. ADOPT BY TITLE ONLY RESOLUTION NO. SA-2301-01, A RESOLUTION OF THE SUCCESSOR
AGENCY TO THE FORMER REDEVELOPMENT AGENCY OF THE CITY OF REDONDO BEACH,
CALIFORNIA APPROVING AND ADOPTING A RECOGNIZED OBLIGATION PAYMENT SCHEDULE PURSUANT TO CALIFORNIA HEALTH AND SAFETY CODE SECTION 34177(I).
CONTACT: LORI YAMASAKA, ACTING FINANCE DIRECTOR
There were no public comments on this item.
Motion by Member Obagi, seconded by Member Emdee, to approve the Consent Calendar, as presented.
There being no objections, Vice Chair Nehrenheim, so ordered.
MINUTES – SUCCESSOR AGENCY
SPECIAL MEETING
January 17, 2023
City Clerk Manzano read title to Resolution No. SA-2301-01.
D. EXCLUDED CONSENT CALENDAR ITEMS - None
E. PUBLIC PARTICIPATION ON NON-AGENDA ITEMS - None
F. EX PARTE COMMUNICATIONS - None
G. PUBLIC HEARINGS - None
H. OLD BUSINESS - None
I. NEW BUSINESS - None
J. MEMBERS ITEMS AND REFERRALS TO STAFF - None
K. ADJOURNMENT
There being no further business to come before the Redondo Beach Successor Agency to the Former Redevelopment Agency, motion by Member Obagi, seconded by Member Emdee, to adjourn the meeting at 6:40 p.m. There being no objections, Vice Chair Nehrenheim, so ordered.
All written comments submitted via eComment are included in the record and available for public review on the City website.
_____________________________
William C. Brand, Chairman
Mike Witzansky
Executive Director/Secretary
Agency Action Date: January 16, 2024
To: CHAIRMAN AND MEMBERS OF THE SUCCESSOR AGENCY
From: WENDY COLLAZO, FINANCE DIRECTOR
Subject: CONSIDERATION OF RESOLUTION TO APPROVE AND ADOPT A
RECOGNIZED OBLIGATION PAYMENT SCHEDULE PURSUANT TO
CALIFORNIA HEALTH AND SAFETY CODE SECTION 34177(l)
RECOMMENDATION
Adopt the attached resolution by the title only, waiving further reading: A RESOLUTION OF
THE SUCCESSOR AGENCY TO THE FORMER REDEVELOPMENT AGENCY OF THE CITY
OF REDONDO BEACH, CALIFORNIA APPROVING AND ADOPTING A RECOGNIZED
OBLIGATION PAYMENT SCHEDULE PURSUANT TO CALIFORNIA HEALTH AND SAFETY CODE SECTION 34177(I).
EXECUTIVE SUMMARY
The City of Redondo Beach became the Successor Agency to the Redevelopment Agency of the City of Redondo Beach effective February 1, 2012. Pursuant to AB 1X 26, one of the responsibilities of the Successor Agency is to prepare a Recognized Obligation Payment Schedule (“ROPS”) and submit it first to the oversight board for its approval, then to the County Auditor-Controller, the County Administrative Officer, the State Controller, and the State Department of Finance. The ROPS approved by the oversight board is also to be posted on the City’s website.
BACKGROUND
On June 28, 2011, as part of the 2011-2012 State of California budget, companion bills Assembly Bill 1X 26 (“AB 26”) and Assembly Bill 1X 27 (“AB 27”) were enacted, dissolving the Redevelopment Agency of the City of Redondo Beach (“Agency”), unless the City of Redondo Beach (“City”) elected to participate in the “Alternative Voluntary Redevelopment Program” established by AB 27 and paid an annual “community remittance” payment to the County of Los Angeles. On July 18, 2011, a Petition for Writ of Mandate was filed in the Supreme Court of the State of California in the matter of California Redevelopment Association, et al. v. Ana Matosantos, et al., Case No. S194861 (“Legal Action”), challenging the constitutionality of AB 26 and AB 27 on behalf of cities, counties and redevelopment agencies.
On December 29, 2011, the Supreme Court issued its opinion in the Legal Action, upholding AB 26, invalidating AB 27, extending certain statutory deadlines under Health and Safety Code Sections 34170 through 34191, and dissolving all redevelopment agencies throughout the State, effective February 1, 2012.
Administrative Report
Administrative Report January 16, 2024
Resolution Adopting the ROPS
The City elected to become the Successor Agency to the Agency by Resolution No. CC-1201- 561, dated January 10, 2012. One of the responsibilities of the City, as Successor Agency, is to prepare a Recognized Obligation Payment Schedule (“ROPS”), which sets forth the nature, amount, and source(s) of payment of all “enforceable obligations” of the Agency (as defined by law) to be paid by the Successor Agency after the Agency’s dissolution, covering the forwardlooking one fiscal year, which is to cover the period from July 1, 2024 through June 30, 2025.
Only payments required pursuant to the ROPS may be made by the Successor Agency after May 1, 2012.
The “enforceable obligations” listed in the ROPS may include the following: bonds; loans legally required to be repaid pursuant to a payment schedule with mandatory repayment terms; payments required by the federal government, preexisting obligations to the state or obligations imposed by state law; judgments, settlements or binding arbitration decisions that bind the agency; legally binding and enforceable agreements or contracts; contracts or agreements necessary for the continued administration or operation of the agency, including agreements to purchase or rent office space, equipment and supplies; and amounts borrowed from or payments owing to the Low and Moderate Income Housing Fund of a redevelopment agency, which had been deferred as of June 29, 2011. However, the ROPS is to exclude pass-through payments to be made by the county after dissolution of the Agency and any agreements, contracts or arrangements between the City and the Agency, except any of the following agreements between the City and the Agency: (1) any written agreements between the City and the Agency entered into prior to December 31, 2010, solely for the purpose of securing or repaying indebtedness obligations to third parties; and (2) loan agreements entered into between the Agency and the City within two years of the date of creation of the Agency.
Pursuant to Health and Safety Code section 34177(l)(2), as modified by the Supreme Court’s opinion in the Legal Action, the City, as Successor Agency, is required to prepare a ROPS covering the period from July 1, 2024 through June 30, 2025, by February 1, 2024. The ROPS is submitted to and duly approved by the Los Angeles County 4 th Supervisorial District
Consolidated Oversight Board (“Approved ROPS”). The Approved ROPS is finally submitted to the County Auditor-Controller, the County Administrative Officer, the State Controller’s Office and the State Department of Finance, and posted on the City’s website.
Staff has prepared the ROPS covering the period from July 1, 2024 through June 30, 2025. It consists of the following forms:
• The Summary Form summarizes funding totals from the Detail Form for the fiscal year. • The Detail Form lists the outstanding obligations, debts and payments scheduled by funding source.
• The Report of Cash Balances Form calculates the Successor Agency’s actual cash balance as of June 30, 2022.
• The Notes Form is optionally used to explain unique circumstances or to add detail for the current ROPS line items.
Administrative Report January 16, 2024
Resolution Adopting the ROPS
COORDINATION
This report required coordination with the Financial Services Department and the City Manager’s Office. The City Attorney has approved the resolution as to form.
FISCAL IMPACT
The total Redevelopment Property Tax Trust Fund (RPTTF) funding for the period of July 1, 2024 through June 30, 2025 is estimated to be $1,087,013.
Submitted by: Approved for forwarding:
Wendy Collazo, Finance Director Mike Witzansky, City Manager Attachment:
• Resolution
RESOLUTION NO. SA.24O1 -01
A RESOLUTION OF THE SUCCESSOR AGENCY TO THE
FORMER REDEVELOPMENT AGENCY OF THE CITY OF
REDONDO BEACH, CALIFORNIA APPROVING AND
ADOPTING A RECOGNIZED OBLIGATION PAYMENT
SCHEDULE PURSUANT TO CALIFORNIA HEALTH AND
SAFETY CODE SECTTON 34177111
WHEREAS, pursuant to California Health and Safety Code ("Health and Safety Code") section 34173(d), the City of Redondo Beach ("Successor Agency") elected to become the successor agency to the Redevelopment Agency of the City of Redondo Beach by Resolution No. CC-1201-561 on January 10,2012;and
WHEREAS, Health and Safety Code section 34177(m) requires the Successor Agency to prepare a recognized obligation payment schedule ("ROPS") covering the period of July 1, 2024 to June 30, 2025, at least 90 days before the date of property tax distribution, which the City Department of Finance has determined to be February 1,2024; and WHEREAS, Health and Safety Code section 34177(l)(2) requires the Successor Agency to submit the ROPS to the Successor Agency's oversight board for its approval, and upon such approval, the Successor Agency is required to submit a copy of the approved ROPS ("Approved ROPS') to the Los Angeles County ("County") Auditor-Controller, the County Administrative Officer, the California State ("State") Controller, and the State Department of Finance, the Successor's Agency's oversight board, and post the Approved ROPS on the Successor Agency's website; and
WHEREAS, all other legal prerequisites to the adoption of this Resolution have occurred.
NOW, THEREFORE, THE SUCCESSOR AGENCY TO THE FORMER
REDEVELOPMENTAGENCY OFTHE CITYOF REDONDO BEACH DOES HEREBY RESOLVE AS FOLLOWS:
SECTION 1. The recitals set forth above are true and correct and are incorporated into this Resolution by this reference.
SECTION 2. The approval of the ROPS through this Resolution does not commit the Successor Agency to any action that may have a significant effect on the environment. As a result, such action does not constitute a project subject to the requirements of the California Environmental Quality Act. The City Clerk is authorized and directed to file a Notice of Exemption with the appropriate official of the County of Los Angeles, California, within five (5) days following the date of adoption of this Resolution.
SECTION 3. The Successor Agency approves and adopts the ROPS, in substantially in the form attached to this Resolution as Exhibit "A", as required by Health and Safety Code Section 34177.
SECTION 4. The City Manager is hereby authorized and directed to take any action necessary to carry out the purposes of this Resolution and comply with applicable law regarding the ROPS, including submitting the ROPS to the County Auditor-Controller, the County Administrative RESOLUTION NO. SA.24OI-OI
SUCCESSORAGENCY ROPS
PAGENO. I
Officer, the State Controller, State Department of Finance, and the Successor Agency's oversight board, and following approval of the ROPS bythe oversight board, submitting the approved ROPS to the County Auditor-Controller, the County Administrative Officer, the State Controller, and the State Department of Finance, and posting the approved ROPS on the Successor Agency's website.
SECTION 5. The City Clerk shall certify to the passage and adoption of this resolution, shall enter the same in the Book of Original Resolutions.
PASSED, APPROVED AND ADOPTED this 16th day of January, 2024.
William C. Brand, Chairman
Redondo Beach Successor Agency
APPROVED AS TO FORM: ATTEST:
MichaelW. Webb, City Attorney Eleanor Manzano, CMC, City Clerk RESOLUTION NO SA-24OI.OI
SUCCESSOR AGENCY ROPS
PAGE NO, 2
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES
CITY OF REDONDO BEACH
l, Eleanor Manzano, City Clerk of the City of Redondo Beach, California, do hereby certify that Resolution No. 5A-2401-01 was passed and adopted by the Successor Agency of the City of Redondo Beach, California, at a special meeting of said Agency held on the 16m day of January, 2024, and thereafter signed and approved by the Chairman and attested by the City Clerk, and that said resolution was adopted by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
Eleanor Manzano, CMC
City Clerk
RESOLUTION NO. SA-240I -OI
SUCCESSOR AGENCY ROPS
PAGE NO. 3
SS
)
)
)
Recognized Obligation Payment Schedule (ROPS 24-251- Summary Filed for the July 1 ,2024 through June 30, 2025 Period Successor Agency: Redondo Beach
County: Los Angeles
Current Period Requested Funding for Enforceable
Obligations (ROPS Detail)
24-25ATotal
(July -
December)
24-258Total
(January -
June)
ROPS 24-25
Total
A Enforceable Obligations Funded as Follows (B+C+D)
B Bond Proceeds
C Reserve Balance
D Other Funds
E Redevelopment Property Tax Trust Fund (RPTTF) (F+G)
F RPTTF
G Administrative RPTTF
H Current Period Enforceable Obligations (A+E)
$ $
$ 191,006 $ 896,007 $ 1,087,013
$
66,006
125,000
771,007
125,000
837,013
250,000
$ 191,006 $ 896,007 $ 1,087,013
Certification of Oversight Board Chairman:
Pursuant to Section 34177 (o) of the Health and Safety
code, ! hereby certify that the above is a true and
accurate Recognized Obligation Payment Schedule for
the above named successor agency.
Name Title
lsl
Signature Date
Recognized Obligation
July
Radondo Beach
Payment Schedule (ROPS 24-251 - ROPS Detail
, 202t1 through June 30, 2025
A B c D E F G H I J K L M N o P o R s T U v w
Item
#
Project Name Obligation
Type
Agreement
Execution
Date
Agreement
Termination
Date
Payee Description Project
Area
Total
Outstanding
Obligation
Retired
ROPS
21-25
Total
ROPS 24-25A (Jul - Dec)
24-254
Total
24-258
Total
Fund Sources Fund Sources
Bond
Proceeds
Reserve
Balance
Other
Funds RPTTF AdminRPTTF
Bond
Proceeds
Reserve
Balance
Other
Funds RPTTF AdminRPTTF
$12,292,112 $1,087,013 $- $- $- $66,006 $125,000 $191,006 2 1996 Tax
Allocation
Bonds
Revenue
Bonds
lssued
On or
Before
12,31t10
07t01t
1996
07t0112026 US Bank lmprovementrs
within South
Bay Center
project area
Ail 1,675,928 N $837,013 66,006 $66,006 771,007 $771,007 4 County
Defenal
Loans
ThirdParty
Loans
021141
1984
06t3012032 County
of Los
Angeles
Aviation
Projec,t Areas
Ail 4,902,572 N $- $ $-
8 Administration
Costs
Admin
Costs
07t01t
2023
06/30/202s City of
Redondo
Beach
Annual
amount
estimated to
be paid to the
City for
Agency
administration
services
Ail 250,000 N $250,000 125,000 $125,000 125,000 $125,000 I County
Deferral
Loans
ThirdParly
Loans
11t15t
1983
06t30t2028 County
of Los
Angeles
South Bay
Center
Ail 3,770,950 N $- $- $
13 Supplemental
Educational
Revenue
Augmentation
Fund Loan
SERAF/
ERAF
o6t15t
2010
06130t2025 Redondo
Beach
Housing
Authority
Funding for
local school
districts
Ail 1,403,671 N $- $- $-
14 Supplemental
Educational
Revenue
Augmentation
Fund Loan
SERAF/
ERAF
05/03/
2011
06t30t2025 Redondo
Beach
Housing
Authority
Funding for
local school
districts
Ail 288,99'l N $- $- $-
ROPS 2&258 (Jan -Jun)
$- $- $- $771,007 $125,000 $896,007
Redondo Beach
Recognized Obligation Payment Schedule (ROPS 24-251- Report of Cash Balances July 1,2021 through June 30,2022
(Report Amounts in Whole Dollars)
funding source E avallable or wten paym6nt lrom prcpedy l'x revenues ls requircd by an enbrceabl€ obllgallon.
A B c D E F G H
ROPS 21-22 Cash Balances
(07t01t21 - 06t30t221
Fund Sources
Comments
Bond Proceeds Reserve Balance Other Funds RPTTF
Bonds issued
on or before
12131t10
Bonds issued
on or after
01101111
Prior ROPS
RPTTF and
Reserve
Balances retained
for future
period(s)
Rent, grants,
interest, etc.
Non-Admin
and Admin
1 Beginning Available Cash Balance (Actual 071011211
RPTTF amount should exclude "A'period distribution
amount.
807,777 (16)
2 Revenue/lncome (Actual 06130122l
RPTTF amount should tie to the ROPS 21-22lotal
distribution from the County Auditor-Controller
240,871 124,9U
3 Expenditures for ROPS 21-22 Entorceable Obligations
(Actual 06130122l
961,802 124,968
4 Retention of Available Cash Balance (Actual 06130122l RPTTF amount retained should only include the amounts
distributed as reserye for future period(s)
5 ROPS 21-22 RPTTF Prior Period Adjustment
RPTTF amount should tie to the Agency's ROPS 21-22PPA
form submitted to the CAC
No entry required
6 Ending Ac-tual Available Gash Balance 1061301221
c to F = 11 + 2 -3 -4), G = (1 + 2-3 -4 - 5)
$- $- $- $86,846 $-
Redondo Beach
Recognized Obligation Payment Schedule (ROPS 24'251' Notes July 1, 2024 through June 30,2025
Item # Notes/Comments
2 4
I
I
13 14