(OB-20 12-25) OVERSIGHT BOA RD RESOLUTION NUMBER OB-2012-25 A RESOLUTION OF THE OVERSIGHT BOARD FOR THE CITY OF SAN DIEGO REDEVELOPMENT SUCCESSOR AGENCY AUTHORIZING THE SUCCESSOR AGENCY TO ENTER INTO SERVICE CONTRACTS , MANAGEMENT CONTRA CTS A ND SIMILA R CONTRACTS FOR ITEMS BUDGETED IN THE APPROVED ROPS

WHEREAS , the former Redevelopment A gency of the City of San Diego (Former RDA) = = = =- - , adm - i - nist€fed - th€-i-m-p J . ementat-i · eA -ef -v -arc i etJs - FeEi e- v-e l epmen t- pr0je ets , p_regmm s , an.cl - aeJ iv.i ties: - - - - - - - - within designated redevelopment project areas throughout the City of San Diego (City); and

WHEREAS , in accordance with A ssembly Bill xl 26 (A B 26), the Former RDA dissolved as o f February 1, 2012 , at which time the City of San Diego, solely in its capacity as the designated successor agency to the Former RDA (Successor Agency), assumed the Former RDA's assets and obligations; and

WHEREAS , the Successor A gency is winding down the Former RDA's affairs in accordance with A B 26, as amended by Assembly Bill 1484 (A B 1484), enacted on June 27, 2012 (collectively, the Dissolution Laws); and

WHEREAS, the Oversight Board has been formed to oversee certain actions and decisions o f the Successor A gency in accordance with the Dissolution Laws ; and WHEREA S, pursuant to California Health and Safety Code

Section 34177(1), Successor A gency staff must prepare a Recognized Obligation Payment

Schedule (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 , on May 31 , 2012, the Oversight Board approved the second ROPS, which covers the period from July 1 , 2012, through December 31, 2012 (ROPS 2); and WHEREA S, California Health and Safety Code

section 3417l(d)(I)(

F) confirms that Doc No. 437856 (OB-2012-25) contracts necessary for the administration or operation of the Successor Agency, including, but not limited to, agreements concerning litigation expenses related to assets or obligations, settlements and judgments, and agreements related to the costs o f maintaining assets prior to disposition, are enforceable obligations; and

WHEREAS, California Health and Safety Code

section 34177.3(

b) states that the ====:::---- Suc cessQr - A gency - ma y - ct:e ate - ne- ~ -f_gt:ce abJ e- gb.l- i-gatiQilS - t0 - G0ndu ct - th wg r- k - 0f - wintl-in-g - tl0wn - - - - - - - the Former RDA 's operations, including hiring staff , acquiring necessary professional administrative services and legal counsel, and procuring insurance; and

NOW, THEREFORE,

BE IT RESOLVED by the Oversight Board that the Successor A gency is authorized to enter into service contracts, management contracts and similar contracts, and amendments to existing contracts of that nature, for items that are budgeted in the approved ROPS 2, consistent with California Health and Safety Code sections 34171(d)(l)(

F) and 34177.3(b) . PASSED AND ADOPTED by the Oversight Board at a duly noticed meeting ofthe Oversight Board held on September ~ 2 012. Ch ~ Doc No . 437856