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RES-2022-005 RESOLUTION NO.2022-005 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM AUTHORIZING AND DIRECTING THE CITY MANAGER OR HIS DESIGNEE TO REPRESENT THE CITY IN MATTERS PERTAINING TO THE PREPARATION OF FORMER REDEVELOPMENT AGENCY PROPERTIES FOR SALE AND/OR DEVELOPMENT AND DISTRIBUTE PROCEEDS FROM THE SALE OF FORMER REDEVELOPMENT AGENCY PROPERTIES TO THE ORANGE COUNTY AUDITOR CONTROLLER. WHEREAS, prior to February 1, 2012, the Anaheim Redevelopment Agency (herein referred to interchangeably as the "Agency" or the "dissolved Agency") was a community redevelopment agency duly organized and existing under the California Community Redevelopment Law (Health and Safety Code Sections 33000 et seq), and was 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 (herein referred to as the "Dissolution Act"); and WHEREAS, as of February 1, 2012, the Agency became 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 elected to have the City serve as the "Successor Agency" to the dissolved Agency under the Dissolution Act, thereby assuming all authority, rights, powers, duties and obligations previously vested with the Agency under the California Community Redevelopment Law, effective upon dissolution of the Agency on February 1,2012; and WHEREAS, the Successor Agency prepared and secured approval of a Long Range Property Management Plan by the California Department of Finance which, among other things, designated certain property as property to be conveyed to the City for future development, as listed in Exhibit A attached hereto and incorporated here by reference (the "Future Development Properties"); and WHEREAS, as to the properties retained by the City for future development,the City and affected taxing entities are required to enter into compensation agreements to provide payments to the affected taxing entities in proportion to their shares of the base property tax based on the value of the property retained;and 1 WHEREAS, per the redevelopment dissolution law, if no agreement is reached, the value for distribution to the various taxing entities is deemed to be the fair market value as of 2011. In the case of the retained properties,the City and affected taxing agencies attempted to negotiate compensation agreementsfor the past five years without success; and WHEREAS, the City Council, desires to authorize the City Manager (or his/her designee) (herein referred to as the"City Manager")to take certain actions for and on behalf of the City,with respect to the Future Development Properties as hereinafter provided. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL, AS FOLLOWS: Section 1. The foregoing recitals are incorporated into this Resolution by this reference and constitute a material part hereof. Section 2. The City Manager is authorized to enter into contracts and take actions he/she deems necessary and appropriate to prepare Future Development Properties for sale and/or development. Section 3. Without the prior approval and authorization of the City Council, the City Manager shall lack the authority to, and shall not, obligate or commit the City, to the sale or disposition of the Future Development Properties. Section 4. Upon the sale of the Future Development Properties, the City Manager is directed to distribute funds to the Orange County Auditor-Controller based on the 2011 valuation of the Future Development Properties and maintain the difference between the 2011 valuation and actual sale proceeds in a segregated fund for three (3) years from distribution. Section 5. This Resolution shall be effective immediately upon adoption. // // // // // // // 2 THE FOREGOING RESOLUTION is approved and adopted by the City Council of the City of Anaheim this 11 day of January , 2022,by the following roll call vote: AYES: Mayor Sidhu and Council Members O'Neil, Diaz, Ma ' ae, Moreno, Valencia, and Faessel NOES: None ABSENT: None ABSTAIN: None CITY OF ANAHEIM By: MA OF THE CITY OF ANAHEIM CITY CLERK OF THE CITY OF ANAHEIM 144024 3 CLERK'S CERTIFICATE STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss. CITY OF ANAHEIM I, THERESA BASS, City Clerk of the City of Anaheim, do hereby certify that the foregoing is the original Resolution No. 2022-005 adopted at a regular meeting provided by law, of the Anaheim City Council held on the 11th day of January 2022 by the following vote of the members thereof: AYES: Mayor Sidhu and Council Members O'Neil, Diaz, Ma'ae, Moreno, Valencia, and Faessel NOES: None ABSTAIN: None ABSENT: None IN WITNESS WHEREOF, I have hereunto set my hand this 13th day of January, 2022. QiTreLE-K OF THE CITY OF ANAHEIM I (SEAL) I I