Resolution No.
SUCCESSOR AGENCY TO THE FORMER REDEVELOPMENT
AGENCY OF THE CITY OF STOCKTON
RESOLUTION ADOPTING THE LAST AND FINAL RECOGNIZED OBLIGATION
PAYMENT SCHEDULE AND APPROVING CERTAIN RELATED ACTIONS
On June 28, 2011, and June 27, 2012, the Governor of California signed into law Assembly Bills x1, 26 and 1484 (collectively the “Dissolution Law”) making certain changes to the Redevelopment Law, including adding Part 1.8 (commencing with section 34161) and Part 1.85 (commencing with section 341 70) (“Part 1.85”) to Division 24 of the California Health and Safety Code (“Health and Safety Code”); and
On August 23, 2011, pursuant to Dissolution Law, the Stockton City Council adopted Resolution No. 11-0251, allowing the City to serve as the successor agency to the former Redevelopment Agency of the City of Stockton (“Successor Agency”) upon dissolution of the Redevelopment Agency on February 1, 2012; and
Pursuant to Health and Safety Code (HSC) section 34191.6(a), agencies that have received a Finding of Completion may file a Last and Final ROPS if all of the following conditions are met:
• The remaining debt is limited to administrative costs and payments pursuant to enforceable obligations with defined payment schedules including, but not limited to, debt service, loan agreements, and contracts.
• All remaining obligations have been previously listed on the ROPS and approved for payment by Finance pursuant to HSC section 34177(m) or (o). • The agency is not a party to outstanding/unresolved litigation, except as specified in HSC section 34191.6(a)(3); and
The Successor Agency finds that all above conditions have been met; and
This Resolution has been reviewed with respect to applicability of the California Environmental Quality Act (“CEQA”), the State CEQA Guidelines (California Code of Regulations, Title 14, section 15000 et seq. , hereafter the “Guidelines”) , and the City’s environmental guidelines; and
The Resolution is not a “project” for purposes of CEQA, as that term is defined by Guidelines section 15378, because this Resolution is an organizational or administrative activity that will not result in a direct or indirect physical change in the environ ment, per section 15378(b)(5) of the Guidelines; and
All the prerequisites with respect to the approval of this Resolution have been met; now, therefore,
BE IT RESOLVED BY THE SUCCESSOR AGENCY TO THE FORMER
REDEVELOPMENT AGENCY OF THE CITY OF STOCKTON, AS FOLLOWS:
1. The foregoing is true and correct and is a substantive part of this Resolution and all prerequisites to its adoption have occurred.
2. The adoption of this Resolution is not intended to and shall not constitute a waiver by the Successor Agency of any rights the Successor Agency may have to challenge the effective ness and/or legality of all or any portion of AB x1, 26 or AB 1484 through administrative or judicial proceedings.
3. The Last and Final ROPS attached hereto as Exhibit 1 and incorporated by this reference, and the administrative budget included on the ROPS are approved.
4. The Successor Agency determines that this Resolution is not a “project” for purposes of CEQA, as that term is defined by Guidelines section 15378, because this Resolution is an organizational or administrative activity that will not result in a direct or indirect physical change in the environment, per section 15378(b)(5) of the Guidelines.
5. The Executive Director, or designee, is hereby authorized and directed to submit the Last and Final ROPS in accordance with Health and Safety Code section 34191.6(b). The Executive Director is further authorized to review and approve changes to the Last and Final ROPS in response to a request for revision from the Department of Finance made pursuant to Health and Safety Code section 34191.6(c).
6. The Executive Director, or designee, is hereby authorized to take whatever actions are necessary and appropriate to comply with, and to carry out the purpose and intent of this Resolution.
PASSED, APPROVED and ADOPTED January 9, 2024 .
KEVIN J. LINCOLN II
Chairperson of the Successor Agency
to the Former Redevelopment Agency
of the City of Stockton
ATTEST:
ELIZA R. GARZA, CMC
Secretary of the Board,
Successor Agency to the
Former Redevelopment Agency
of the City of Stockton