HomeMy WebLinkAboutRDA Enforceable Obligation PaymentCITY OF AGENDA ITEM NO.: 1
SAN RAFAEL MEETING DATE: January 30, 2012
San Rafael Redevelopment Agency Agenda Report
Department: Redevelopment
Prepared by: k; 41'f�l! Mi1. i . Initials. 1)
Stephanie I ovette, Economic Development Manager Nancy Mackle, Executive Director
SUBJECT: RESOLUTION OF THE SAN RAFAEL REDEVELOPMENT AGENCY
AMENDING THE APPROVED ENFORCEABLE OBLIGATION PAYMENT
SCHEDULE PURSUANT TO PART 1.8 OF THE REDEVELOPMENT LAW
RECOMMENDATION: Staff recommends that the Agency Board adopt the attached resolution
adopting the amended enforceable obligation payment schedule and direct staff to publish the schedule
pursuant to Part 1.8 of the Redevelopment Law.
BACKGROUND AND ANALYSIS: On June 28, 2011, the Governor signed ABx1 26 & 27, budget
trailer bills to implement the State Budget for FY 2011-2012. ABxI 26, the Dissolution Act,
immediately suspended all new redevelopment activities and incurrence of indebtedness, and dissolved
redevelopment agencies effective October 1, 2011. The California Redevelopment Association sued
and on December 29, 2011, the California Supreme Court delivered its decision in the case, finding the
Dissolution Act constitutional and AB lx 27 (the Voluntary Program Act) unconstitutional. The Court
decision also dissolves Redevelopment Agencies effective February 1, 2012.
The San Rafael Redevelopment Agency will be dissolved effective February 1, 2012. On January 3,
2012, the City of San Rafael passed Resolution 13279 stating the City of San Rafael will act as
Successor to the Redevelopment Agency and elect to retain the housing assets and functions previously
performed by the Agency in accordance with Section 34176 of the Redevelopment Law.
Pursuant to Section 34167(h) of the Redevelopment Law, after August 29, 2011, suspended
redevelopment agencies are limited in the payments of their obligations. Each suspended
redevelopment agency is required to adopt an enforceable obligation payment schedule listing all of the
obligations that are enforceable within the meaning of Section 34167(d) of the Redevelopment Law
(the "Obligation Payment Schedule"). This Obligation Payment Schedule must be posted on the City
website and transmitted to certain parties.
FOR AGENCY SECRETARY ONLY
File No.. r` i
Agency Meeting:
Disposition: _,.° .
The San Rafael Redevelopment Agency (the "Agency" or "SRRDA") adopted its initial enforceable
obligation payment schedule on September 6, 2011. The schedule was posted on the website and
transmitted to the required entities pursuant to the Law. The SRRDA enforceable obligation schedule
includes obligations for current Agency operations, capital improvement funds, and housing activities.
Staff is recommending the initial EOPS be amended to include obligations not initially included and to
extend the effective date from December 2011 to June 2012.
The City of San Rafael, as Successor Agency to the SRRDA, is required to adopt an initial draft
Recognized Obligation Payment Schedule ("ROPS") by March 1, 2012 for presentation to the
Oversight Board. The EOPS Amendment will be in effect until the ROPS is approved. The initial
ROPS will cover the period from January 1, 2012 to June 1, 2012. After approval of the initial ROPS,
the City, as Successor Agency, will be required to submit an ROPS for Oversight Board approval for
each six month period thereafter.
FISCAL IMPACT: The Agency's adoption of the Obligation Schedule will assure that the Agency's
obligations will be paid until June 2012.
OPTIONS:
• Adopt the resolution approving and adopting the Enforceable Payment Obligation Schedule
Amendment.
• Direct staff to alter the proposed Enforceable Payment Obligation Schedule Amendment to reflect
the desires of the Agency members.
• Reject the Resolution and the Enforceable Payment Obligation Schedule Amendment.
ACTION REQUIRED: Adopt the attached resolution, confirming the Economic Development
Manager as the Agency representative to whom all questions on the Obligation Payment Schedule can
be directed, authorize the Agency staff to post the Obligation Payment Schedule Amendment on the
City website, and notify the Marin County Auditor -Controller, the CA Department of Finance, and the
CA Controller of the Agency's action to adopt the Enforceable Obligation Payment Schedule
Amendment.
ATTACHMENT: Enforceable Obligation Schedule Amendment.
RESOLUTION NO. 2012-01
RESOLUTION OF THE SAN RAFAEL REDEVELOPMENT AGENCY
AMENDING THE APPROVED ENFORCEABLE OBLIGATION
PAYMENT SCHEDULE PURSUANT TO PART 1.8 OF THE
REDEVELOPMENT LAW
MOVED BY: MEMBER LEVINE SECONDED BY: MEMBER MCCULLOUGH
WHEREAS, pursuant to the California Community Redevelopment Law (Health and
Safety Code Section 33000 et sec.; the "Redevelopment Law"), the City Council (the "City
Council") of the City of San Rafael (the "City") adopted the Redevelopment Plan for the Central
San Rafael Redevelopment Project Area by Ordinance No. 1079, on November 20, 1972 (as
amended from time to time, the "Redevelopment Plan"); and
WHEREAS, the San Rafael Redevelopment Agency (the "Agency") is responsible for
implementing the Redevelopment Plan pursuant to the Redevelopment Law; and
WHEREAS, AB xl 26 (the "Dissolution Act") has been enacted to significantly modify
the Redevelopment Law; and
WHEREAS, on December 29, 2011, the California Supreme Court delivered its decision
in the California Redevelopment Association v. Matosantos case, finding the Dissolution Act
constitutional and AB 1 x 27 (the Voluntary Program Act) unconstitutional; and
WHEREAS, pursuant to Section 34167(h) of the Redevelopment Law, after August 29,
2011, the Agency can only make payments on bond obligations until the Agency adopts an
enforceable obligation payment schedule listing all of the obligations that are enforceable within
the meaning of Section 34167(d) of the Redevelopment Law (the "Enforceable Obligation
Payment Schedule"); and
WHEREAS, as further set forth in the staff report accompanying this Resolution (the
"Staff Report"), under the terms of various Agency contracts and obligations, the Agency is
required to make payments on its enforceable obligations after August 29, 2011; and
WHEREAS, to avoid defaulting under its enforceable obligations, the Agency prepared
and adopted an Enforceable Obligation Payment Schedule, on September 6, 2011; and
WHEREAS, the Agency desires to amend the initial Enforceable Obligation Schedule
adopted on September 6, 2011; and
WHEREAS under Title 14 of the California Code of Regulations, Section 15378(b)(4),
the approval of this Enforceable Obligation Payment Schedule is exempt from the requirements
of the California Environmental Quality Act ("CEQA") in that it is not a project, but instead
consists of the continuation of an existing governmental funding mechanism for potential future
projects and programs, and does not commit funds to any specific project or program, because it
merely lists enforceable obligations previously entered into and approved by the Agency, and
WHEREAS, the Agency Board has reviewed and duly considered the Staff Report, the
amended Enforceable Obligation Payment Schedule presented at the meeting.
NOW, THEREFORE, BE IT RESOLVED, that the Agency Board finds that the above
Recitals are true and correct and have served, together with the supporting documents, as the
basis for the findings and approvals set forth below.
BE IT FURTHER RESOLVED, that the Agency Board finds, under Title 14 of the
California Code of Regulations, Section 15378(b)(4), that this resolution is exempt from the
requirements of the California Environmental Quality Act (CEQA) in that it is not a project. The
Agency Board therefore directs that a Notice of Exemption be filed with the County Clerk of the
County of Marin in accordance with the CEQA guidelines.
BE IT FURTHER RESOLVED, that the Agency Board hereby approves the amendment to
the Enforceable Obligation Payment Schedule, a copy of which is attached hereto as Exhibit A
and incorporated herein.
BE IT FURTHER RESOLVED, that the Agency Board authorizes and directs the
Agency's Executive Director or the Executive Director's designee to: (1) post the Enforceable
Obligation Payment Schedule on the Agency or the City's websites, (2) designate the
Redevelopment Manager as the representative to whom all questions related to the Enforceable
Obligation Payment Schedule can be directed, (3) notify, by mail or electronic means, the
County Auditor -Controller, the Department of Finance, and the Controller of the Agency's action
to adopt the amended Enforceable Obligation Payment Schedule and to provide those persons
with the internet website location of the posted schedule and the contact information for the
Agency's designated contact, and (4) to take such other actions and execute such other
documents as are appropriate to effectuate the intent of this Resolution and to implement the
Amended Enforceable Obligation Payment Schedule on behalf of the Agency.
BE IT FURTHER RESOLVED, that this Resolution shall take immediate effect upon
adoption.
2
I, ESTHER C. BEIRNE, Agency Secretary of the San Rafael Redevelopment Agency, hereby
certify that the foregoing resolution was duly and regularly passed and adopted at a Special
Meeting of the San Rafael Redevelopment Agency of said City held on Monday, the 30th day of
January, 2012, by the following vote, to wit:
AYES: MEMBERS: Connolly, Levine, McCullough and Chairman Phillips
NOES: MEMBERS: None
ABSENT: MEMBERS: Heller
Esther C. Beirne, Agency Secretary
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CITY OF SAN RAFAEL
INSTRUCTIONS: USE THIS FORM WITH EACH SUBMITTAL OF A CONTRACT, AGREEMENT,
ORDINANCE OR RESOLUTION BEFORE APPROVAL BY COUNCIL / AGENCY.
SRRA / SRCC AGENDA ITEM NO.
DATE OF MEETING: 1/30/2012
FROM: Stephanie Lovette
DEPARTMENT: Economic Development
Ism"11
TITLE OF DOCUMENT: RESOLUTION OF THE San Rafael REDEVELOPMENT AGENCY
AMENDING THE APPROVED ENFORCEABLE OBLIGATION PAYMENT SCHEDULE
PURSUANT TO PART 1.8 OF THE REDEVELOPMENT LAW
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4
r)a nrfmenf "anti (,zi nnf"nn)
(LOWER HALF OF FORM FOR APPROVALS ONLY)
APPROVED AS COUNCIL AGENCY APPROVED AS TO FORM:
AGENDA ITEM:
City Manager (signature) City Attorney (signature)
70193mmaj-090101
REMARKS: Resolution prepared by Goldfarb. Still working on the attachment. It will follow.
& 4
Y
j 1V
L4 -/1/
