HomeMy WebLinkAbout16-01 (Recognized Obligation Payment Schedule 16-17)OVERSIGHT BOARD RESOLUTION NO. 16-01
A RESOLUTION OF THE OVERSIGHT BOARD OF THE
SUCCESSOR AGENCY TO THE TUSTIN COMMUNITY
REDEVELOPMENT AGENCY APPROVING THE
RECOGNIZED OBLIGATION PAYMENT SCHEDULE 16-17
("ROPS 16-17") AND MAKING CERTAIN FINDINGS IN
CONNECTION THEREWITH
The Oversight Board of the Successor Agency to the Tustin Community
Redevelopment Agency finds, determines and declares as follows:
A. The Tustin Community Redevelopment Agency ("Agency') was established as a
community redevelopment agency that was previously organized and existing under
the California Community Redevelopment Law, Health and Safety Code Sections
33000, et seg. ("CRL") and previously authorized to transact business and exercise
the powers of a redevelopment agency pursuant to action of the City Council
("City Council") of the City of Tustin ("City"); and
B. AB X1 26 ("AB26") added Parts 1.8 and 1.85 to Division 24 of the California Health
and Safety Code, which laws cause the dissolution and wind down of all
redevelopment agencies ("Dissolution Act"); and
C. On December 29, 2011, in the petition California Redevelopment Association v.
Matosantos, Case No. S194861, the California Supreme Court upheld the
Dissolution Act and thereby all redevelopment agencies in California are subject to
the Dissolution Act and were dissolved as of and on February 1, 2012; and
D. The Agency is now a dissolved community redevelopment agency pursuant to the
Dissolution Act; and
E. By a resolution considered and approved by the City Council at an open public
meeting on January 17, 2012, the City chose to become and serve as the
"Successor Agency" to the dissolved Agency under the Dissolution Act; and
F. As of and on and after February 1, 2012, the City serves as the "Successor Agency"
and will perform its functions as the Successor Agency under the Dissolution Act to
administer the enforceable obligations of the Successor Agency and otherwise
unwind the Successor Agency's affairs, all subject to the review and approval by the
seven -member Oversight Board formed thereunder; and
G. Pursuant to Section 34179, the Successor Agency's Oversight Board has been
formed and the initial meeting has occurred on March 13, 2012; and
H. Section 34179(e), as amended by Assembly Bill 1484 ("AB 1484"), requires all
actions taken by the Oversight Board to be adopted by resolution; and
Oversight Board Resolution No. 16-01
Page 1 of 4
I. On January 19, 2016, the Successor Agency approved the Recognized Obligation
Payment Schedule 16-17 (`BOPS 16-17") for the period of July 1, 2016 through
June 30, 2017; and
J. The Oversight Board has duly considered all other related matters and has
determined that the Board's approval of BOPS 16-17 and submission to the
California Department of Finance is in the best interests of the City and Agency and
in the health, safety, and welfare of its residents, and in accord with the public
purposes and provisions of applicable state and local laws and requirements.
NOW, THEREFORE, BE IT RESOLVED BY A RESOLUTION OF THE
OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE TUSTIN
COMMUNITY REDEVELOPMENT AGENCY:
Section 1. The foregoing recitals are incorporated into this Resolution by this
reference, and constitute a material part of this Resolution.
Section 2. The Oversight Board approves ROPS 16-17 attached hereto as
Attachment No. 1 and incorporated herein, and further authorizes the Successor
Agency to transmit this Resolution to the County Auditor -Controller, the State
Department of Finance ("DoF"), and the State Controller's Office.
Section 3. The Executive Director of the Successor Agency or his authorized
designee is directed to post this Resolution on the City/Successor Agency website.
Section 4. This Resolution adopted by the Oversight Board shall not become
effective no later than forty-five (45) business days after submission to the DoF, pending
a review by the DoF. Within five business days of the DoF's determination, the
Successor Agency can request additional review by the DoF and an opportunity to meet
and confer on disputed items.
Section 5. The Secretary of the Oversight Board shall certify to the adoption of this
Resolution.
APPROVED AND ADOPTED this 26th day of January, 2016.
Doug Davert, hairman
Oversight Bopyd of the Successor Agency to
the Tustin CoYnmunity Redevelopment Agency
1
Oversight Board Resolution No. 16-01
Page 2 of 4
1
1
ATTEST:
l
Erica N. Rabe, Deputy Secretary
Oversight Board of the Successor Agency to
the Tustin Community Redevelopment Agency
STATE OF CALIFORNIA )
COUNTY OF ORANGE )SS
CITY OF TUSTIN }
I, ERICA N. RABE, Deputy Secretary of the Oversight Board of the Successor
Agency to the Tustin Community Redevelopment Agency, do hereby certify that the
whole number of the members of the Agency Board is seven; that the above and
foregoing Resolution No. 16-01 was duly passed and adopted at a regular meeting of
the Oversight Board, held on the 26th day of January, 2016, by the following vote:
BOARD MEMBER AYES:
BOARD MEMBER NOES:
BOARD MEMBER ABSTAINED:
BOARD MEMBER ABSENT:
Soria,West
None
Fitzsimons, Puckett
& C ."/
Erica N. Rabe, Deputy Secretary
Oversight Board of the Successor Agency to
the Tustin Community Redevelopment Agency
Attachment No. 1 — Recognized Obligation Payment Schedule 16-17 (July 2016 — June
2017)
Oversight Board Resolution No. 16-01
Page 3 of 4
(0)
(2)
ATTACHMENT NO. 1
RECOGNIZED OBLIGATION PAYMENT SCHEDULE 16-17
(July 2016 — June 2017)
1
1
Oversight Board Resolution No. 16-01
Page 4 of 4
(
E
E
2
ƒ
w
§
§
§
(
K.e
2
LL
{
w
LL
{
.)
{
r
7
CL
/
a
iL
LU
If
�
k6
q
|
}
/
}
-
r
3
}
\
/
\
) §
.}+
E
CL!
t
m
2,
°\
LU
w
u
o
m
o X
w
1
Ii
�3
8
7
i rg a
HIM
pp
s
let HIP
��sa
��e
a pY
�a
P
7s7
Hi 111-i-hifigN."'IMI
��ta3fllidgl
r
Pc'gg
�t63��
c
s -
R
3A
_
S
?
4
5
¢E
Z
6'
Ii,
J
o�
%�
a
1
1
1
qq
S
8i
i
i
9
�a
s
y6
=
jU
_
4
La
A
•b
.93
a
i
e
� P
o
_
g��
3
�
3
i
1
1
1
1
N
V
1
1
c
u
O
@
a H m
cm
m
a
Yt¢ moo"
arc o d, m
c
C
EEa
3
o
v v@� r
3'c
Vmi
�
L
C
Cmm T
LL LL4
N l0 @
u
_
m
u
z�
O85Stn��'�E�
@
c
o
d
mmp
o�
v
o
N
a
m
N
to
[
a
y
g
a @
Xi
Z
N
N
N
o
n
M
M
v
g
i3
o v
=
v
1a
F N
N
N
N
m
a m
7
@
C
N nQi
ma
trIL
LL�
IL
m
9gymgIu
ffi
d v
li
j
OOC m K c
�
Ec
o
o
v
to
"
a
c
x
�
a
a
a` ro
$
a
a
O
N
V
c
N
_b
t6 V
O
17
d
e
$�
N
a
C m
W
u
w
a
4
e
@
m
W
o c
aa
c
O
,q`a'
�q
o
v
x
m
E
��'
w
a
m
1.00
w
q o
OO o
lb
C.f
L n
w
W c
r=
L)
LtW3C
a
X
a ..
R
o
h d
m
p
O
d
144�i
a 'lp^�
i
Q
N
II
m
N j 0
aNa
ppm 'pwO
e g
is c
�
6� _
d.
t00 m
k
l
`�
�g�
W o �
O
a
1°
r�
w
u
7!@
a>
N 0
o;o
c
yam
d
to
s♦
m N U
o
A ro a
y
d
4
C o n
G o
N
s
W
d !I
F m 5
m
o o .`
�nq
Y
��
�m4
vii
Omo
th
oil
mE"
W
OEC
W
Q
c
F'6e
cc
G LL
�L
C
M
G LL
:�
N
a
C
c
C LL T
C m
C
F
rc�U
ww
@
ma
xo m
o
cctuv
c
c
�S
y
as o
z�V
6CL
as h
3
am
m
C
N
tO
A
m
Q+
r�
m.
�
\
2
k
■
CD
�
)))
�
)
}}}
\
�§§
/
aaCS
CS
CV C-4
ca CD
S
00§
S
22
�
\\\
))v
\
)
a
k10
$
2�0
§
cm
#c
Cr,
2
CL
c
kdd
E
�
a
rkkk
J
§§
k §
§$2$
�/k2
E