redevelopment project areas

4e5d28f0d8d9c18bc27d9eb15c8da0b2b71bdd20

California Municipal Codes

(OB-2012-22a) OVERSIG H T BOA RD RESOLUTION NUMBER OB-2012-22a A RESOLUTION OF TH E OVERSIG H T BOA RD FOR CITY OF SAN D IEG O REDEVELOPMENT SUCCESSOR A G ENCY RATIFYING TH E PRIOR APPROVAL OF CERTAIN LINE ITEMS IN THE TH IRD RECOGNIZED OBLIG ATION PA YMENT

SCHEDULE FOR JA NUA RY TH ROUG H JUNE 2013.

WHEREAS , the former Redevelopment Agency ofthe City of San D iego (Former RDA j - administei"€d. - tll€ - i - m pj€ m €nt a t ioB - o f - v a F- i e u s - Fe e eve- l e J3meB t- !2 F0 j ee t - S ,- J3 F g-rarn:-s ,- anEl c - - - - - activities within designated redevelopment project areas throughout the City of San D iego (City) ; and WH EREAS, in accordance with Assembly Bill x1 26 (AB 26), the Former RD A dissolved as ofFebruary 1 , 2012 , at which time the City of San D iego, solely in its capacity as the designated successor agency to the Former RD A (Successor Agency), a ssumed the Former RD A 's assets and obligations ; and WH EREAS, the Successor Agency is winding down the Former RDA's affairs in accordance with AB 26 , enacted on June 28 , 2011 , and Assembly Bill 1484 (AB 1484), enacted on June 27, 2012 (collectively , the D issolution Laws); and WH EREAS, the Oversight Board has been formed to oversee certain actions and decisions of the Successor Agency in accordance with the Dissolution Laws; and WH EREAS, the San Diego County Auditor-Controller (County Auditor) , the State Controller, and the State D epartment of Finance (D OF) also possess certain rights and obligations under the Dissolution Laws with respect to the Successor Agency's administration of the Former RD A ' s operations; and WH EREAS, pursuant to California Health and Safety Code

section 34177(1), Successor Agency staff must prepare a Recognized Obligation Payment

Schedule Document N umb e r : 4 4 03 9 7 (OB-2012-22a) (ROPS) on a forward-looking basis for each six-month fiscal period, showing the payments to be made toward enforceable obligations and the funding source for the payments; and

WHEREAS, Successor Agency staff has prepared the proposed third ROPS covering the period from January 1, 2013 through June 30, 2013 (ROPS 3) , a copy of which is included as Attachment A to the Staff Report accompanying this item (Staff Report); and

WHEREAS , at a duly noticed meeting held on August 28, 2012, the Oversight Board adopted bifurcated motions with respect to ROPS and related items, such as the Successor A gency's six-month administrative budget corresponding to ROPS 3 . In the first motion , the Oversight Board approved the line items in ROPS showing San D iego G as & Electric and / or Sempra Energy as the payee of an enforceable obligation. That motion was adopted by a vote of to 0, with Chair Nelson and Board Member D avies abstaining, and Board Member D owd absent.

In the second motion, the Oversight Board approved all other action items proposed by Successor Agency staff, with the exception of the item addressed in the first motion. That second motion was adopted by a vote of to 1 , with Board Member Davis voting no and Board Member D owd absent.

These bifurcated motions are memorialized in Oversight Board Resolution OB-2012-22; and WH EREA S, the approval of ROPS was again considered by the Oversight Board at its meeting o f September 18 , 2012, at which time the Oversight board took action solely with respect to the line items in ROPS showing San D iego G as & Electric and / or Sempra Energy as the payee of an enforceable obligation. NOW , TH EREFORE ,

BE IT RESOLVED by the Oversight Board as follows : Document Number: 4 4 03 9 7 (OB-2012-22a) 1 . The Oversight Board hereby ratifies its action of August 28, 2012, approving line items in ROPS that show San D iego G as & Electric and / or Sempra Energy as the payee of an enforceable obligation . 2. Except as expressly described herein , this Resolution shall not modify Oversight Board Resolution OB-2012-22.

PASSED AND ADOPTED by the Oversight Board at a duly noticed meeting of the Oversight Board held on September 18 , 2012, by a vote of to 0, with Chair Nelson and Board Members D avies and Stapleton abstaining as to the line items in ROPS that sho w San Diego G as & Electric and / or Sempra Energy as the payee of an enforceable obligation . . c ~ D ocument N umber: 440397

Document details

Collection	California Municipal Codes
Citation	4e5d28f0d8d9c18bc27d9eb15c8da0b2b71bdd20
Type	ordinance
Language	en
Format	pdf
Source	CA_MUNI
Identifier	4e5d28f0d8d9c18bc27d9eb15c8da0b2b71bdd20

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