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RSA RESOLUTION NO._____
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
RIALTO, CALIFORNIA, ACTING SOLELY IN ITS CAPACITY AS
THE SUCCESSOR AGENCY TO THE RIALTO
REDEVELOPMENT AGENCY, APPROVING THE SUCCESSOR
AGENCY FISCAL YEAR 2023-2024 BUDGET, AND OTHER SUCH
MATTERS AS REQUIRED
WHEREAS, in accordance with the provisions of the California Health and Safety Code Section 34173, the City Council of the City of Rialto has been designated and has accepted such designation of “Successor Agency to the Redevelopment Agency of the City of Rialto,” (the “Successor Agency”), to carry out the purposes of and exercise the powers granted to successor agencies; and WHEREAS, on January 12, 2023, the San Bernardino County Oversight Board adopted Resolution No. 2023-11 approving the Successor Agency’s Recognized Obligation Payment Schedule and administrative budget for the Fiscal Year 2023-2024 period, (the “FY 23-24 ROPS”); and WHEREAS, on April 7, 2023, the California Department of Finance approved the FY 23-24 ROPS; and
WHEREAS, the City Council conducted a duly noticed public hearing with respect to the Fiscal Year 2023-24 budget inclusive of the Successor Agency budget reflected in the FY 23-24 ROPS; and WHEREAS, he City Council has examined said budget, and considered all written and verbal public comments, and after due deliberations and consideration, made any such amendments in the preliminary budget as it considered desirable; and
WHEREAS, the City Council desires to adopt the Fiscal Year 2023-24 budget inclusive of the Successor Agency budget reflected in the FY 23-24 ROPS.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RIALTO, ACTING
SOLELY IN ITS CAPACITY AS THE SUCCESSOR AGENCY TO THE RIALTO
REDEVELOPMENT AGENCY, DOES HEREBY FIND, DETERMINE, AND RESOLVE AS FOLLOWS:
Section 1: The City Council, as the Successor Agency's governing board, has considered and approved the Recognized Obligation Payment Schedule (ROPS) for the period of July 1, 2023 , to
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June 30, 2024 (“ROPS 23-24 A&B”) in the form attached to this Resolution as Exhibit A, which serves as the Fiscal Year 2023-2024 Budget for the Successor Agency, and as further amended by the State of California Department of Finance approval letter dated April 7, 2022, attached to this Resolution as Exhibit B.
Section 2: The City Council, as the Successor Agency's governing board, has considered and approved the administrative budget in an amount equal to the Administrative Cost Allowance provided in California Health and Safety Code Section 34171(b)(3) for the period of July 1, 2023, to June 30, 2024, with an estimated cost of $ 85,629. To the extent that funds remain after payment of salaries and benefits, any remaining funds will be applied to legal costs incurred by the Successor Agency, costs to prepare the ROPS or audit of the Successor Agency’s financial statements, without any further action of the Successor Agency or the Oversight Board to the Successor Agency (“Oversight Board”).
Section 3: A
ny changes to ROPS 22-23 A&B line items, clawbacks, adjustments, or similar changes to the amounts payable from the Redevelopment Property Tax Trust Fund (RPTTF) or other sources or changes required by the Oversight Board, the San Bernardino County Auditor-Controller, or the State of California Department of Finance, shall constitute an approved amendment to the Successor Agency budget without further action by the Successor Agency, including the payment of any proceeds of land sales that occur during Fiscal Year 2023-2024 required to be remitted to the Riverside County Auditor-Controller.
Section 4: The
City Manager is hereby authorized to pay any demands of the State of California Department of Finance in Fiscal Year 2023-2024 pursuant to AB X1 26, as amended, and such demand shall constitute an approved amendment to the Successor Agency budget without further action by the Successor Agency Board.
Section 5: T
he City Manager is hereby authorized to execute any professional services agreement or other contract specifically included or to be included in the approved ROPS 23-24 A&B or the Fiscal Year 2023-2024 Budget so long as such contract does not exceed the amount so funded.
The Successor Agency to enter into agreements pursuant to this provision shall be deemed
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complementary to and consistent with the Successor Agency to enter into contracts provided by Rialto Municipal Code Chapter 2.48.
Section 6: The Director of Finance is authorized, at the end of Fiscal Year 2023-2024 through the closing of the accounting records for each such fiscal year, to make and record appropriate interfund transfers and fund balance transfers to appropriation accounts as required to properly account for and balance activity accounts, programs and funds, prior to the completion of the fiscal year audit.
Section 7: I n retaining the responsibilities of the Rialto Redevelopment Agency as provided in California Health and Safety Code Section 34173, 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 Rialto pursuant to AB X1 26. 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 as provided in this Resolution.
WHEREFORE, this RSA Resolution is passed, approved and adopted this ____ day of ___________, 2023.
_______________________________
DEBORAH ROBERTSON, RSA President
ATTEST:
______________________________
BARBARA McGEE, RSA Secretary
APPROVED AS TO FORM:
______________________________
ERIC VAIL, RSA Attorney
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STATE OF CALIFORNIA )
COUNTY OF SAN BERNARDINO ) ss
CITY OF RIALTO )
I, Barbara McGee, Secretary of the Authority of the City of Rialto, do hereby certify that the foregoing Resolution No._____ was duly passed and adopted at a regular meeting of the Rialto Successor Agency of the City of Rialto held on the ______ day of ____________, 2023.
Upon motion of Board Member ____________, seconded by Board Member _______________, the foregoing RSA Resolution No. _______ was duly passed and adopted.
Vote on the motion:
AYES:
NOES:
ABSENT:
IN WITNESS WHEREOF, I have hereunto set my hand and the Official Seal of the Rialto Successor Agency of the City of Rialto this _____ day of _________________, 2023.
____________________________________
BARBARA McGEE, RSA Secretary
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EXHIBIT “A”
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EXHIBIT “B”
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