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HomeMy WebLinkAboutRDA Res 2011-009A RESOLUTION OF THE COMMUNITTY REDEVELOPMENT AGENGY OF ATASCADERO� ADOPTING AN ENFORCEABLE OBLIGATION PAYMENT SCHEDULE PURSUANT TO ABXI 26 The Atascadero Community Redevelopment Agency resolves as follows: SECTION 1: The Atascadero Community Redevelopment Agency finds and declares as follows: A. Pursuant to the Community Redevelopment Law (Health and Safety Code Sections 33000 et seq.), the City Council of the City of Atascadero (City) created the Atascadero Community Redevelopment Agency (Agency); and B. As part of the 2011-2012 State budget bill, the California State Legislature recently enacted, and the Governor signed, companion bills ABXI 26 and ABXI 27, which eliminate every redevelopment agency unless the community that created it adopts an ordinance (Continuation Ordinance) agreeing to participate in a Alternative Voluntary Redevelopment Program which requires the payment of an annual "community remittance" payment, and, C. ABX 1 26 also requires redevelopment agencies to adopt, by August 27, 2011, an Enforceable Obligation Payment Schedule (EOPS) whichwill. serve as the basis for the payment of the Agency's outstanding financial obligations if the City does not adopt an ordinance electing to participate in. the Alternative Voluntary Redevelopment Program and the Agency is dissolved; and, D. The City held a first reading of the Continuation Ordinance on August 9, 2011, and a second reading is scheduled for September 13, 2011 and the City adopted an Urgency Continuation Ordinance on August 9, 2011; and, E. The California League of Cities and the California Redevelopment Association filed a lawsuit in the Supreme Court of the State of California ("Lawsuit") challenging the constitutionality of ABXI 26 and ABXI 27; and, F, On August 1. 1, 2011, the Supreme Court agreed to consider the Lawsuit and issued an immediate stay of ABXI 27 in its entirety and a partial stay of ABXI 26; and, G. On August 17, 2011, the Supreme Court issued a modification of the stay in the Lawsuit; and, H. Adoption of the FOPS is important as the Agency may be limited to only making payments for debts and obligations listed on the FOPS during the time the stay is in place. Cornrnunit�,T Redevelopment Agency of Atascadero Resolution No. RA 2011-009 Page 2 of 1.0 L This Resolution is proposed for adoption in order to allow the Agency to continue to make payments for the obligations identified in the EOPS. SECTION 2. Recitals. The Recitals set forth above are true and correct and incorporated herein by reference.W SECTION 3® AURK21AL2L_LQkS. The Agency hereby adopts the EOPS in the Schedule attached hereto as Exhibit A. SECTION 4® s. The Executive Director is hereby authorized and directed to post a copy of the EOPS on the City's website, The Executive Director is further authorized and directed to transmit, by mail or electronic means,, to the San Luis Obispo County Auditor -Controller, the State Controller and the Department of Finance, notification providing the website location of the posted EOPS and other information as required by ABI 26, SECTION 5: The Secretary shall certify to the adoption of this Resolution, PASSED AND ADOPTED August 25, 2011. '-4 Roberta Fonzi, �halirperson. Attested to on KIk Marcia McClure Torgerson, Sedretary 1, Marcia McClure Torgerson, Secretary of the Community Redevelopment Agency of Atascadero, certify that Resolution No. RA 2011-009 was adopted by the Community Redevelopment Agency of Atascadero at a special meeting on August 25, 2011, by the following vote: AYES: Board Members Clay, Kelley, O'Malley, Sturtevant and Chairperson Fonzi NOES: None ABSENT: None 6 f 2' -IJI, Marcia McClure Torgerson, Secretat'y I I I Community Redevelopment Agency of Atascadero Resolution No. RA 2011-009 Page 3 of 10 o0 0 W z IE 0 -.V 57 5' cC 00 . n C7 0 F RU 0 C) 2 C) L� ga.0�0�0 O p o n 0 n 32� -4'R P 5 'UR Er 0 - M 0 Oma® S 3 a 'a , Cn OD g. > cc 0 ED M < S arc® to T 2 XY �A 0 .V CA 'm w o m pi G a_ a a a a g a a a --a Na 1� a a a o a m o u g a 8m a a a a a a a a a a 4 a G a m a VO® a a Er a a cc . t o a a O a a a a a a a a a a a Q .... ffi�!_ m a . 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