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RES-2012-021 RESOLUTION NO. 2012 -021 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM, ACTING AS THE SUCCESSOR AGENCY TO THE ANAHEIM REDEVELOPMENT AGENCY, APPROVING RECOGNIZED OBLIGATION PAYMENT SCHEDULES AND AUTHORIZING CERTAIN OTHER ACTIONS PURSUANT TO SECTION 34177 OF PART 1.85 OF THE CALIFORNIA HEALTH AND SAFETY CODE. WHEREAS, the Anaheim 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 seq., 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 Anaheim ( "City "); and WHEREAS, Assembly Bill xl 26, which was passed by the California State Legislature, approved by the Governor on June 28, 2011, and chaptered by the Secretary of State on June 29, 2011, added Parts 1.8 and 1.85 to Division 24 of the California Health & Safety Code, which laws caused the dissolution and wind down of all redevelopment agencies ( "Dissolution Act "); and WHEREAS, on December 29, 2011, in the petition California Redevelopment Association v. Matosantos (Case No. S194861), the California Supreme Court upheld the Dissolution Act, which had the effect of dissolving all redevelopment agencies in California as of and on February 1, 2012 ( "Supreme Court Decision "); and WHEREAS, the Agency is now a dissolved community redevelopment agency pursuant to the Dissolution Act; and WHEREAS, by Resolution No. 2012 -001, considered and approved by the City Council at an open public meeting on January 10, 2012, the City Council chose to have the City become and serve as the "Successor Agency" to the dissolved Agency under the Dissolution Act; and WHEREAS, 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 Agency and otherwise unwind the Agency's affairs, all subject to the review and approval by a seven - member Oversight Board formed thereunder; and WHEREAS, under Part 1.8 of the Dissolution Act, the Agency, prior to its dissolution, adopted an original and an amended Enforceable Obligation Payment Schedule ( "EOPS ") for the purpose of ensuring that the Agency was able to meet its commitments under "enforceable obligations ", and authorized the Executive Director of the Agency to transmit the EOPS to the Orange County Auditor - Controller, the State Department of Finance and the State Controller's Office and to post the EOPS on the Agency's Internet Web site; and WHEREAS, under Part 1.8 of the Dissolution Act, the Agency, prior to its dissolution, prepared a preliminary draft of an initial Recognized Obligation Payment Schedule ( "IROPS "), which was transmitted to the Orange County Auditor - Controller, the State Department of Finance, the State Controller's Office, and to the City, serving as the Successor Agency; and WHEREAS, Section 34171(g) of Part 1.85 of the Dissolution Act defines a "Recognized Obligation Payment Schedule" to mean "the document setting forth the minimum payment amounts and due dates of payments required by enforceable obligations for each six -month fiscal period as provided in subdivision (m) of Section 34177 "; and WHEREAS, pursuant to subsections (j) and (1) of Section 34177 of Part 1.85 of the Dissolution Act, as reformed by the Supreme Court Decision, every "successor agency" is required to prepare, consider and adopt a proposed administrative budget and a Recognized Obligation Payment Schedule by March 1, 2012; and WHEREAS, the City, as the Successor Agency, has prepared its initial proposed administrative budget and Recognized Obligation Payment Schedule (collectively referred to herein as "ROPS No. 1 ") for the balance of Fiscal Year 2011 -12, which is attached as Attachment No. 1 to this Resolution and incorporated herein by this reference; and WHEREAS, the City, as the Successor Agency, has also prepared its administrative budget and Recognized Obligation Payment Schedule (collectively referred to herein as "ROPS No. 2 ") for the first six -month period of Fiscal Year 2012 -13, which is attached as Attachment No. 2 to this Resolution and incorporated herein by this reference. ROPS No. 1 and ROPS No. 2 shall be referred to collectively herein as the "ROPS "); and WHEREAS, the City Council, serving as and on behalf of the Successor Agency, desires to approve the ROPS and, pursuant to Section 34177 of Part 1.85 of the Dissolution Act, to authorize and direct the Executive Director of the Community Development Department to submit a copy of the ROPS to the Orange County Auditor - Controller immediately following adoption of this Resolution for review and certification, as to its accuracy, pursuant to Section 34182; and WHEREAS, by this Resolution, the City Council, serving as and on behalf of the Successor Agency, further desires to authorize and direct the Executive Director of the Community Development Department to transmit the certified ROPS to the Oversight Board, when formed, and, following approval thereof by the Oversight Board, to submit a copy of the approved ROPS to the State Controller's Office and the State Department of Finance and to post it on the City's Internet Web site; and WHEREAS, if, prior to April 15, 2012, the Orange County Auditor - Controller is unable to complete its review and certification of ROPS No. 1 and /or the Oversight Board is unable to consider and approve ROPS No. 1, the City Council, serving as and on behalf of the Successor Agency, further desires, nevertheless, to authorize and direct the Executive Director of the Community Development Department to transmit a copy of ROPS No. 1 to the State Controller's Office and the State Department of Finance and to post it on the City's Internet Web site by not later than April 15, 2012; and 2 WHEREAS, if, prior to June 15, 2012, the Orange County Auditor - Controller is unable to complete its review and certification of ROPS No. 2 and/or the Oversight Board is unable to consider and approve ROPS No. 2, the City Council, serving as and on behalf of the Successor Agency, further desires, nevertheless, to authorize and direct the Executive Director of the Community Development Department to transmit a copy of ROPS No. 2 to the State Controller's Office and the State Department of Finance and to post it on the City's Internet Web site by not later than June 15, 2012. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL, SERVING AS THE SUCCESSOR AGENCY TO THE ANAHEIM REDEVELOPMENT AGENCY, AS FOLLOWS: Section 1. The foregoing recitals are incorporated into this Resolution by this reference and constitute a material part hereof. Section 2. The ROPS is approved together with such augmentation, modification, additions or revisions as the Executive Director of the Community Development Department (or his authorized designees) may make thereto. Section 3. The Executive Director of the Community Development Department (or his designee) is authorized and directed to submit a copy of the ROPS to the Orange County Auditor - Controller immediately following adoption of this Resolution for review and certification, as to its accuracy, pursuant to Section 34182. Section 4. Following certification thereof by the Orange County Auditor - Controller, the Executive Director of the Community Development Department (or his designee) is authorized and directed to transmit the certified ROPS to the Oversight Board, when formed, and, following approval thereof by the Oversight Board, to submit a copy of the approved ROPS to the State Controller's Office and the State Department of Finance and to post it on the City's Internet Web site. Section 5. If, prior to April 15, 2012, the Orange County Auditor - Controller has been unable to complete its review and certification of ROPS No. 1 and /or the Oversight Board has been unable to consider and approve ROPS No. 1, the Executive Director of the Community Development Department (or his designee) is, nevertheless, authorized and directed to transmit a copy of ROPS No. 1 to the State Controller's Office and the State Department of Finance and to post it on the City's Internet Web site by not later than April 15, 2012; provided, however, that once the Oversight Board has eventually approved the certified ROPS No. 1, the Executive Director of the Community Development Department (or his designee) is authorized and directed to transmit a copy of the approved ROPS No. 1 to the State Controller's Office and the State Department of Finance and to post it on the City's Internet Web site as soon as possible following approval thereof by the Oversight Board. Section 6. If, prior to June 15, 2012, the Orange County Auditor - Controller has been unable to complete its review and certification of ROPS No. 2 and /or the Oversight Board has been unable to consider and approve ROPS No. 2, the Executive Director of the Community Development Department (or his designee) is, nevertheless, authorized and directed to transmit a 3 copy of ROPS No. 2 to the State Controller's Office and the State Department of Finance and to post it on the City's Internet Web site by not later than June 15, 2012; provided, however, that, once the Oversight Board has eventually approved the certified ROPS No. 2, the Executive Director of the Community Development Department (or his designee) is authorized and directed to transmit a copy of the approved ROPS No. 2 to the State Controller's Office and the State Department of Finance and to post it on the City's Internet Web site as soon as possible following approval thereof by the Oversight Board. Section 7. This Resolution shall be effective immediately upon adoption. Section 8. The City Clerk on behalf of the Successor Agency shall certify to the adoption of this Resolution. 4 THE FOREGOING RESOLUTION is approved and adopted by the City Council of the City of Anaheim, serving as the Successor Agency to the former Anaheim Redevelopment Agency,thi s 28th day of FebrlIary , 2012, by the following roll call vote: AYES: Mayor Tait, Council Members Galloway, Sidhu, Eastman and Murray NOES: None ABSENT: None ABSTAIN: None CITY OF ANAHEIM MAYOR OF THE ITY OF ANAHEIM ATTEST: r iiAlC.TADA14144. CITY CLERK OF THE CITY OF • NAHEIM 88295 5 ATTACHMENT NO. 1 INITIAL PROPOSED ADMINISTRATIVE BUDGET AND RECOGNIZED OBLIGATION PAYMENT SCHEDULE FOR THE BALANCE OF FISCAL YEAR 2011 -12 ( "ROPS NO. 1 ") [Behind this sheet] mc A O N M N m N M W M N N O N M- N m W N M d d W W .- m O W W m r L0 m O co b m r W Q M O N. m O r LO m M O M W M r e- m t0 NN O LO N O^ �O Q d O m M p N N N Q 9 N O m r M < o m M W N m W N r N N m N W r r M m N W d 0 N N r N M 0 0 0 N M C p O M N m r n W W r d W W r r N N d W M O m M m Ti N d Q N N M W W N W m m r Ti N W O m N b Q W.- Q N O d m O N N N ' r m d N M d W W M W M M M W W m O -0 B — N r r N N O r Q O d N N O W M. m N N - N r Q 0 N M m N m d ,- N O 502 A M n r Q d.- V N M M o'! N N W M M N -- N M- 0505�0505 r O O b 1) d (V b N m 11) M M m N d M M d N m Z 0149 M o d d M o a ❑ w w m _ _ e v E O O N M M O O M W m N m r N N m N N M N Q N Q M N N (V M M M 0 M in M N.- w w O N N oMln ov>M M -moron m 0 c ,-0,m C = r r v m m , MOM M wn n Mo w w { A . 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Q a Q m G Q 3 Q Q Q Q Q m E, Y Q I. _ m ¢ ' R W a° ,..O' E n X U O y E Q d d o d a, d o d o c m a — "m .1=-' Q "° 'o o¢ E W 2 m ° 4"< W o0 0° o ° o ° o 0 0 ° 0 0 0 0 s -c oo ° o u O O o a 0 m x m o a $ 0 - a Q0000000000< 2< 0 0 < c -- I- - Q 0 a w m E 2 O c N V o N O h W m O, N M O 2 a.,,,,,,,- , m O^ e^- N Z a 0 N N N N N N N N N M M M M M M ATTACHMENT NO. 2 ADMINISTRATIVE BUDGET AND RECOGNIZED OBLIGATION PAYMENT SCHEDULE FOR JULY 1, 2012 - DECEMBER 31, 2012 ( "ROPS NO. 2") [Behind this sheet] 01C A 0 N C) N m U) N N C) M W N O W M,- CO 0) M W N M Q 1- Q N O (0 ,- 0) O b (O O A 0 N A 0) C O b- O) A (O Q M O <V •- 00 0 A U) co M 0 00 .- CD A, 0) (0 (0 0 (0 b 0 A O 0 0 0 O M O C) (0 O Iii'- O W A M, 0 N M C) N 0 A b N W . m ,- N b A A M C) ,- N N O U) N A N CO O O O N A M O) O M 6 0) 0. co C) b A Q 0 CV (V Q C M i O O) (') O) a• N Q Q N M (D N (0 b O O Oi (O N of E Q' N t0 ,- 6- Q N O Q CD 010 0. 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