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HomeMy WebLinkAboutResolution No. 12-296-Approving & Adopting Amendment to Obligation Payment ScheduleRESOLUTION NO. 12 -296 A RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF DOWNEY APPROVING AND ADOPTING AN AMENDMENT TO THE ENFORCEABLE OBLIGATION PAYMENT SCHEDULE, PURSUANT TO THE PROVISIONS SET FORTH IN HEALTH AND SAFETY CODE SECTION 34169 (AB 1X 26) WHEREAS, by previous actions duly and regularly taken, the Downey City Council ( "City Council" or "City" as appropriate) approved and adopted the Redevelopment Plans for the Downey Redevelopment Project and the Woodruff Industrial Redevelopment Project, which have been amended from time to time (collectively, the "Redevelopment Plans "); and WHEREAS, the Community Development Commission of the City of Downey (the "Commission ") is responsible for implementing the Redevelopment Plans pursuant to the California Community Redevelopment Law ( "CRL "); and WHEREAS, as part of the 2011 -12 State budget bill, the California Legislature enacted and the Governor signed, from the 2011 -12 First Extraordinary Session, Assembly Bills 1X 26 and 1X 27 ( "AB 1X 26" and "AB 1X 27 "), requiring that each redevelopment agency be dissolved unless the community that created it enacts an ordinance committing it to making certain payments; and WHEREAS, on July 18, 2011, the California Redevelopment Association and the League of California Cities filed a lawsuit before the California Supreme Court entitled, California Redevelopment Association, et al. v. Matosantos, et al. Case No. S194861, challenging the constitutionality of AB 1X 26 and AB 1X 27. The California Supreme Court issued a stay of the enforceability by the State of all of AB 1X 27 and most portions of AB 1X 26; and WHEREAS, on December 29, 2011, the Supreme Court issued its opinion in the Matosantos case largely upholding AB1X 26, invalidating AB 1X 27 and holding that AB 1X 26 may be severed from AB 1X 27 and enforced independently; WHEREAS, as a result of the Supreme Court's decision, on February 1, 2012, all redevelopment agencies are dissolved and successor agencies are designated as successor entities to the former redevelopment agencies; WHEREAS, pursuant to Health & Safety Code Section 34169, until successor agencies are authorized, redevelopment agencies must continue to make all scheduled payments for enforceable obligations as defined in Health & Safety Code Section 34169(a), and no payments shall be made unless the payment is listed in an adopted enforceable obligation payment schedule, other than payments required to meet obligations with respect to bond indebtedness; WHEREAS, the Commission adopted Resolution No. 11 -292 on August 23, 2011, adopting an Enforceable Obligation Payment Schedule which lists payments the Commission is obligated make by month, through December 31, 2011; WHEREAS, the Commission desires to adopt this Resolution to amend the Enforceable Obligation Payment Schedule to include payments obligated to be made after December 31, 2011; and WHEREAS, the Amended Enforceable Obligation Payment Schedule is set forth in Exhibit "A" attached to this Resolution and incorporated by reference. RESOLUTION NO. 12 -296 PAGE TWO NOW, THEREFORE, THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF DOWNEY DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. The foregoing Recitals are incorporated herein and made a part hereof. SECTION 2. The Amended Enforceable Obligation Payment Schedule, in the form presented with this Resolution as Exhibit "A ", and on file with the Commission Secretary, is hereby approved and adopted as the Enforceable Obligation Payment Schedule of the Commission. The Commission hereby reserves the right to modify, supplement, or withdraw the Schedule prior to February 1, 2012 at a duly notice public meeting. SECTION 3. The Executive Director and his authorized designees are authorized and directed to: (1) post the Amended Enforceable Obligation Payment Schedule on the City's website; (2) designate a Commission representative to whom all questions regarding the Amended Enforceable Obligation Payment Schedule can be directed; (3) notify, by mail or electronic means, the County Auditor - Controller, the State Department of Finance, and the State Controller of the Commission's action to adopt the Amended Enforceable Obligation Payment Schedule and to provide those persons with an address to the City's website and a telephone and email address for the Commission's designated contact; and (4) to take other such actions and execute other such documents as are appropriate to effectuate the intent of this Resolution and to implement the Amended Enforceable Obligation Payment Schedule on behalf of the Commission. SECTION 4. The adoption of this Resolution is not intended to and shall not constitute a waiver by the Commission of any rights the Commission may have to challenge the legality of all or any portion of AB1X 26. ATTEST: SECTION 5. The Commission Secretary shall certify to the adoption of this Resolution. PASSED, APPROVED, AND ADOPT this 24 day of January, 2012. I Gvv\e--- ADRIA M. JIMENEZ, CMC, SECRETARY ROGEFee. BROSSMER, CHAIRMAN • I HEREBY CERTIFY that the foregoing Resolution was duly adopted by the Community Development Commission of the City of Downey at a regular meeting held on the 24 day of January, 2012, by the following vote, to wit: AYES: Commissioners: Guerra, Marquez, Vasquez, Gafin, Mayor Brossmer NOES: Commissioners: None ABSENT: Commissioners: None ABSTAIN: Commissioners: None ADRIA M. JIMENEZ, CMC,'SECRETARY O > c 3 m Q 0. m 43 g CD � J m o 303 m Cr R m a0 w Cr 3 0F m O 0 . 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