OBRES 2013-007RESOLUTION NO. OB 2013 - 007
A RESOLUTION OF THE OVERSIGHT BOARD OF THE
SUCCESSOR AGENCY TO THE LA QUINTA
REDEVELOPMENT AGENCY APPROVING THE
SUCCESSOR AGENCY ADMINISTRATIVE BUDGET FOR
THE PERIOD OF JANUARY 2014 THROUGH JUNE 2014
WHEREAS, the Oversight Board of the Successor Agency to the 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 January 1, 2014 . — June 30, 2014 (the
"Administrative Budget "); and
Resolution No. OB 2013 -007
Adoption of SA Administrative Budget
Adopted: September 25, 2013
Page 2
WHEREAS, on September 17, 2013 the Successor Agency reviewed and
approved the Administrative Budget; and
WHEREAS, all other legal prerequisites to the adoption of this Resolution
have occurred.
NOW THEREFORE, BE IT RESOLVED, by the Oversight Board of Successor
Agency to the 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 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 the La Quinta Redevelopment Agency held this 25th
day of September, 2013, by the following vote:
AYES: Board Members Marshall, Maysels, Nelson, Osborne, Chair Pena
NOES: None
ABSENT: Board Member McDaniel
ABSTAIN: None
�1
JOHN NA Chairperson
Oversig 1t Board of the Successor Agency
to the La Quinta Redevelopment Agency
Resolution No. OB 2013 -007
Adoption of SA Administrative Budget
Adopted: September 25, 2013
Page 3
ATTEST:
&nn--
PAM NIETO
Oversight Board Secretary