redevelopment project

2b5bb1446144e015ad691f4ea39cd057aee6dfbb

California Municipal Codes

(O B -20 12-29) O V ER SIG H T BOARD R ESO LU TIO N NUMBER O B -20 12-29 A RESOLUTION O F TH E O V ER SIG H T B O A R D FO R THE C ITY O F SAN D IEG O REDEVELOPMENT SU C C ESSO R AGENCY AUTHORIZING THE SUCCESSOR A G EN C Y TO C O N SEN T TO OR A PPR O V E CONVEYANCE OF REAL PROPERTY INTERESTS A N D A SSIG N M EN T O F C O N TR A C TU A L INTERESTS PU R SU A N T TO ENFORCEABLE OBLIGATIONS

WHEREAS, the former Redevelopment A gency of the C ity of San D iego (Form er RD A ) ------ a dmin iste r:ed - th.e - i~lementatiQn - Q-f - v a-t:i. Q - US - f €fi€ -v€! Qpme nt - f> fe:i€ G J§., - pFegFams -.:- an El - ae ti-v- itie - s: ---------i w ithin designated redevelopment project areas throughout the C ity of San D iego (C ity); and

WHEREAS, in accordance w ith A ssem bly B ill x1 26 (A B 26 ), the Form er RDA dissolved as of February 1, 20 12, at w hich tim e the C ity of San Diego, solely in its capacity as the designated successor agency to the Former RD A (Successor A gency), assum ed the Former R D A 's assets and obligations; and

WHEREAS, the Successor A gency is w inding the Form er RDA's affairs in accordance w ith A B 26 , as amended by A ssem bly B ill 14 84 (A B 14 84 ), enacted on June 27, 2012 (collectively, the Dissolution Law s); and

WHEREAS, the O versight B oard has been form ed to oversee certain actions and decisions ofthe Successor A gency in accordance w ith the Dissolution Law s; and W H ER EA S, C alifornia H ealth and Safety C ode

section 34177(

c) requires the Successor A gency to perform obligations required pursuant to any enforceable obligation; and W H ER EA S, certain enforceable obligations of the Successor A gency allow for conveyance of real property interests and assignm ent of contractual interests, subject to the consent or approval of the Successor A gency; and

WHEREAS, the Dissolution Law s are unclear as to w hether the Successor Agency consent to or approve of such conveyances and assignm ents w ithout the approval of the Doc No . 4 3786 9 (O B -20 12-29) O versight B oard w hen the term s of the subject enforceable obligation give the Successor Agency som e lim ited discretion in granting the consent or approval; and

WHEREAS , given the lack of clarity in the D issolution Laws , the Successor A gency has , in an abundance of caution , requested that the O versight B oard authorize the Successor A gency to consent to conveyances of real property interests and assignment of contractual interests under - - - - - - - these - c i t:cumstance s. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ----------, NOW , THEREFORE, B E IT RESOLVED by the Oversight B oard that the Successor A gency is authorized to consent to or approve conveyance of real property interests and assignm ent of contractual interests pursuant to an agreem ent that is an enforceable obligation w here the subject agreement specifies that the Successor A gency cannot unreasonably withhold its consent or approval.

PASSED AND ADOPTED by the O versight B oard at a duly noticed meeting ofthe Oversight B oard held on Septem ber _16 2012. Chair , Oversight Board D oc N o. 4 3 786 9

Document details

Collection	California Municipal Codes
Citation	2b5bb1446144e015ad691f4ea39cd057aee6dfbb
Type	ordinance
Language	en
Format	pdf
Source	CA_MUNI
Identifier	2b5bb1446144e015ad691f4ea39cd057aee6dfbb

Source file is stored in the law ingest library (pdf).