OBRES 2013-001RESOLUTION NO. OB 2013 -001
A RESOLUTION OF THE OVERSIGHT BOARD OF THE
SUCCESSOR AGENCY TO LA QUINTA REDEVELOPMENT
AGENCY APPROVING THE SUCCESSOR AGENCY
ADMINISTRATIVE BUDGET FOR THE PERIOD OF JULY
2013 THROUGH DECEMBER 2013
WHEREAS, the Oversight Board of the Successor Agency to La Quinta Redevelopment
Agency ( "Oversight Board" or "Successor Agency," as applicable) has been established to
direct the Successor Agency to take certain actions to wind down the affairs of the former La
Quinta Redevelopment Agency ( "Agency ") in accordance with the California Health and Safety
Code; and
WHEREAS, the Agency was engaged in activities to execute and implement the
Project Area No. 1 Redevelopment Plan and the Project Area No. 2 Redevelopment Plan
(collectively, the "Redevelopment Plans ") pursuant to the provisions of the California
Community Redevelopment Law (Health and Safety Code § 33000, et seq.) ( "CRL "); and
WHEREAS, as part of the 2011 -12 State budget bill, the California Legislature
enacted and the Governor signed, ABx1 26 requiring that each redevelopment agency be
dissolved; and
WHEREAS, an action challenging the constitutionality of ABx1 26 and companion
bill ABx1 27 was filed in the California Supreme Court by the California Redevelopment
Association, the League of California Cities, and two individual cities; and
WHEREAS, on December 29, 2011, the Court upheld ABx1 26; and
WHEREAS, Health and Safety Code Section 34177(j) requires each successor
agency to prepare a proposed administrative budget every six months setting forth the
successor agency's estimated administrative costs of carrying out the wind -down activities
of the former redevelopment agency, proposing sources of payment for such estimated
administrative costs, and proposing for arrangements for administrative and operations
services provided by a city, county and /or other entity; and
WHEREAS, the Successor Agency has prepared a proposed administrative budget
for the six -month period July 1, 2013 — December 31, 2013 (the "Administrative
Budget "); and
WHEREAS, on February 19, 2013 the Successor Agency reviewed and approved
the Administrative Budget; and
WHEREAS, all other legal prerequisites to the adoption of this Resolution have
occurred.
Resolution No. OB 2013 -001
Adoption of SA Administrative Budget
Adopted: February 20, 2013
Page 2
NOW THEREFORE, BE IT RESOLVED, by the Oversight Board of Successor Agency
to La Quinta Redevelopment Agency, does hereby resolve as follows:
Section 1 . Recitals The Recitals set forth above are true and correct and incorporated
herein by reference.
Section 2 Approval of Administrative Budget The Oversight Board hereby approves
the Administrative Budget, which Administrative Budget is on file with the Secretary of the
Successor Agency.
Section 3 . Severability If any provision of this Resolution or the application thereof to
any person or circumstance is held invalid, such invalidity shall not affect other provisions
or applications of this Resolution which can be given effect without the invalid provision or
application, and to this end the provisions of this Resolution are severable. The Oversight
Board hereby declares that it would have adopted this Resolution irrespective of the
invalidity of any particular portion thereof.
Section 4 . The Oversight Board Secretary shall certify to the adoption of this
Resolution.
PASSED, APPROVED, AND ADOPTED at the meeting of the Oversight Board of the
Successor Agency to La Quinta Redevelopment Agency held this 20th day of February,
2013, by the following vote, to wit:
AYES: Board Members Marshall, Maysels, Osborne and Chairperson Pena
NOES: None
ABSENT: Board Members Ellis, McDaniel and Nelson
ABSTAIN: None
JOHN NA, Chairperson
Ov`e�si t Bo rd of the Successor Agency
to La Quinta Redevelopment Agency
A
VIANKA ORRANTIK
Oversight Board Secretary