2015 02 17 SASUCCESSOR AGENCY
To The La Quinta Redevelopment Agency
AGENDA
CITY HALL COUNCIL CHAMBERS
78-495 Calle Tampico, La Quinta
SPECIAL MEETING ON TUESDAY, FEBRUARY 17, 2015 AT 4:00 P.M.
CALL TO ORDER
ROLL CALL:
Agency Members: Franklin, Osborne, Peña, Radi, Chairperson Evans
CLOSED SESSION - NONE
PUBLIC COMMENT ON MATTERS NOT ON THE AGENDA
At this time, members of the public may address the Successor Agency on any matter not
listed on the agenda. Please complete a "request to speak" form and limit your comments
to three minutes. The Successor Agency values your comments; however in accordance
with State law, no action shall be taken on any item not appearing on the agenda unless it
is an emergency item authorized by GC 54954.2(b).
CONFIRMATION OF AGENDA
ANNOUNCEMENTS, PRESENTATIONS AND WRITTEN COMMUNICATIONS
NONE
CONSENT CALENDAR
NOTE: Consent Calendar items are routine in nature and can be approved by one motion.
PAGE
1. APPROVE MINUTES OF OCTOBER 21, 2014
4
2. ADOPT RESOLUTION APPROVING A RECOGNIZED OBLIGATION
6
PAYMENT SCHEDULE OF THE FORMER LA QUINTA
REDEVELOPMENT AGENCY FOR THE PERIOD OF JULY 1
THROUGH DECEMBER 31, 2015
\[RESOLUTION SA 2015-001\]
Special SUCCESSOR AGENCY TO RDA AGENDA 1
FEBRUARY 17, 2015
1
3. ADOPT RESOLUTION APPROVING THE SUCCESSOR AGENCY
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ADMINISTRATIVE BUDGET FOR THE PERIOD OF JULY 1
THROUGH DECEMBER 31, 2015
\[RESOLUTION SA 2015-002\]
BUSINESS SESSION - NONE
STUDY SESSION - NONE
REPORTS AND INFORMATIONAL ITEMS NONE
DEPARTMENTAL REPORTS - NONE
CHAIR AND BOARD MEMBERS' ITEMS NONE
PUBLIC HEARINGS NONE
ADJOURNMENT
*************************************
For information about the next special meeting of the City as Successor Agency to
the La Quinta Redevelopment Agency
760-777-7000.
DECLARATION OF POSTING
I, Teresa Thompson, Deputy City Clerk of the City as Successor Agency to the La
Quinta Redevelopment Agency, do hereby declare that the foregoing agenda was
posted near the entrance to the Council Chambers at 78-495 Calle Tampico and on
the bulletin boards at the La Quinta Cove Post Office at 51-321 Avenida Bermudas
and at the Stater Brothers Supermarket at 78-630 Highway 111, on February 13,
2015.
DATED: February 13, 2015
SUSAN MAYSELS, Agency Secretary
Successor Agency to the
La Quinta Redevelopment Agency
Special SUCCESSOR AGENCY TO RDA AGENDA 2
FEBRUARY 17, 2015
2
Public Notices
The La Quinta City Council Chamber is handicapped accessible. If special equipment is
needed for the hearing impaired, please call the -7103, twenty-
four (24) hours in advance of the meeting and accommodations will be made.
If special electronic equipment is needed to make presentations to the Successor Agency,
arrangement should be made in advance by contacting the City Clerk's Office at 777-7103.
A one (1) week notice is required.
If background material is to be presented to the Successor Agency during a meeting, please
be advised that eight (8) copies of all documents, exhibits, etc., must be supplied to the City
Clerk for distribution. It is requested that this take place prior to the beginning of the
meeting.
Any writings or documents provided to a majority of the Successor Agency regarding any
item on this agenda will be made available for public inspection at the City Clerk counter at
City Hall located at 78-495 Calle Tampico, La Quinta, California, 92253, during normal
business hours.
Special SUCCESSOR AGENCY TO RDA AGENDA 3
FEBRUARY 17, 2015
3
CONSENT :1
SUCCESSOR AGENCY TO THE
LA QUINTA REDEVELOPMENT AGENCY
MINUTES
TUESDAY, OCTOBER 21, 2014
A regular meeting of the La Quinta City Council in their capacity as Successor Agency
to the La Quinta Redevelopment Agency ( 5:53 pm by
Chairperson Adolph.
PRESENT: Agency Members Evans, Franklin, Henderson, Osborne, Chair Adolph
ABSENT: None
CLOSED SESSION
None
PUBLIC COMMENT ON MATTERS NOT ON THE AGENDA
None
CONFIRMATION OF AGENDA
Confirmed
PRESENTATIONS
None
WRITTEN COMMUNICATIONS
None
CONSENT CALENDAR
1. APPROVE MINUTES OF SEPTEMBER 16, 2014
MOTION A motion was made and seconded by Agency Members Evans/Henderson
to approve the Consent Calendar as recommended. Motion passed unanimously.
DEPARTMENT REPORTS
None
BUSINESS SESSION
None
STUDY SESSION
None
ADJOURNMENT
There being no further business, it was moved and seconded by Agency Members
Henderson/Franklin to adjourn at 5:54 p.m. Motion passed unanimously.
Respectfully submitted,
SUSAN MAYSELS, Agency Secretary
CITY AS SUCCESSOR AGENCY TO RDA 1 OCTOBER 21, 2014
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SA MEETING DATE: February 17, 2015
ITEM TITLE: ADOPT RESOLUTION APPROVING A
RECOGNIZED OBLIGATION PAYMENT SCHEDULE OF
THE FORMER LA QUINTA REDEVELOPMENT
AGENCY FOR THE PERIOD OF JULY 1 THROUGH
DECEMBER 31, 2015
AGENDA CATEGORY:
BUSINESS SESSION:
CONSENT CALENDAR: 2
STUDY SESSION:
PUBLIC HEARING:
RECOMMENDED ACTION:
Adopt a Resolution approving a Recognized Obligation Payment Schedule for the
period of July 1 through December 31, 2015.
EXECUTIVE SUMMARY:
A Recognized Obligation Payment Schedule (ROPS) identifies the obligations
of the former Redevelopment Agency (RDA) that must be paid.
The Successor Agency to the former RDA must submit a ROPS to the
Department of Finance (DOF),
Administrative Officer, and the County Auditor-Controller every six months.
The attached ROPS (Attachment 1) identifies $15,221,032 of Enforceable
Obligations that must be funded during the first half of Fiscal Year
2015/2016.
FISCAL IMPACT:
The Successor Agency requests authorization to expend $2,672,038 from bond
proceeds, and an allocation of $12,548,994 of property tax revenue from the
Redevelopment Property Tax Trust Fund (RPTTF). The $12,548,994 of RPTTF
funding includes $365,505 of administrative expenses (for the six-month period).
The remaining $12,183,489 of the RPTTF allocation is to pay bond interest and
principal payments.
BACKGROUND/ANALYSIS:
The ROPS identifies the obligations of the former RDA that the Successor Agency
must fund during the first six months of FY 2015/2016. These obligations include
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tax allocation bond debt service payments, third party contracts and administrative
costs.
The ROPS must be submitted to the above-mentioned entities by March 1, 2015.
The DOF then has 45 days to make its final determination regarding the
enforceable obligations, the dollar amounts, and funding sources. The Successor
Agency would then have five business days to request additional DOF review and
an opportunity to meet and confer on disputed items.
If the ROPS is submitted late, the City will be subject to a civil fine of $10,000 per
day.
ALTERNATIVES:
As this is a requirement of the DOF, staff does not recommend an alternative.
Report prepared by: Rita Conrad, Finance Director
Report approved for submission by: Frank J. Spevacek, City Manager
Attachment: 1. ROPS 15-16A for July 1 through December 31, 2015
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RESOLUTION NO. SA 2015-
A RESOLUTION OF THE SUCCESSOR AGENCY TO THE
LA QUINTA REDEVELOPMENT AGENCY ADOPTING
RECOGNIZED OBLIGATION PAYMENT SCHEDULE 15-
16A FOR THE PERIOD OF JULY 1, 2015 THROUGH
DECEMBER 31, 2015
WHEREAS, the City Council of the City
as applicable) previously approved and adopted (i) the Redevelopment Plan for La
velopment
; and (ii) the Redevelopment Plan for La Quinta Redevelopment
as applicable);
WHEREAS, the former La Quinta Redevelopment 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,
Redevelopment Law (Health and Safety Code § 33000, et seq.) ; 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 Assembly Bill 27
at would have allowed redevelopment agencies to remain in
existence if certain remittance payments were made; and
WHEREAS, an action challenging the constitutionality of ABx1 26 and ABx1
27 was filed in the California Supreme Court; and
WHEREAS, on December 29, 2011, the Court upheld ABx1 26 and struck
down ABx1 27 as unconstitutional; and
WHEREAS, on January 2, 2012, the City Council adopted City Council
Resolution No. 2012-successor a
the Agency; and
WHEREAS, on June 27, 2012, the California Legislature enacted, and the
made certain revisions to certain of the statutes added by ABx1 26; and
WHEREAS, Health and Safety Code Section 34177 requires successor
agencies to prepare and adopt, on a semi-annual basis,
7
Resolution No. SA 2015-
Adoption of Recognized Obligation Payment Schedule
Adopted: February 17, 2015
Page 2 of 3
that lists all obligations of the former redevelopment
agency that are enforceable within the meaning of subdivision (d) of Section
34171; and
WHEREAS, Successor Agency to the La Quinta Redevelopment Agency
staff have prepared ROPS 15-16A for the period of July 1,
2015 through December 31, 2015; and
WHEREAS, all other legal prerequisites to the adoption of this Resolution
have occurred.
NOW THEREFORE, BE IT RESOLVED, by the Successor Agency to the La
Quinta Redevelopment Agency, as follows:
SECTION 1. Recitals. The Recitals set forth above are true and correct and
incorporated herein by reference.
SECTION 2. Approval of ROPS 15-16A In order to enable the Successor Agency
to strictly comply with ABx1 26, and based on the Recitals set forth above, the
Successor Agency hereby approves ROPS 15-16A attached hereto as Exhibit A as
the Recognized Obligation Payment Schedule for the period of July 1, 2015
through December 31, 2015. Pursuant to Health & Safety Section 34173(e), the
liability, including, but not limited to, its liability for the
obligations on the attached schedule, is limited to the total sum of property tax
revenues it receives pursuant to Part 1.85 of AB x1 26.
SECTION 3. Implementation. The Successor Agency hereby authorizes and directs
the Executive Director to submit ROPS 15-16A to the Oversight Board of the City
to submit a copy of the
approved ROPS 15-16A to the Department of Finance, State Controller, County
Administrative Officer, and County Auditor-Controller.
SECTION 4. 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 Successor Agency hereby declares that it would
have adopted this Resolution irrespective of the invalidity of any particular portion
thereof.
SECTION 5. The Successor Agency Secretary shall certify to the adoption of this
Resolution.
8
Resolution No. SA 2015-
Adoption of Recognized Obligation Payment Schedule
Adopted: February 17, 2015
Page 3 of 3
PASSED, APPROVED, AND ADOPTED at the meeting of the Successor
Agency to the La Quinta Redevelopment Agency held this 17th of February 2015,
by the following vote, to wit:
AYES:
NOES:
ABSENT:
ABSTAIN:
__________________________________________
LINDA EVANS, Chairperson
City of La Quinta Acting as Successor
Agency to the La Quinta Redevelopment
Agency
ATTEST:
_____________________________________________
SUSAN MAYSELS, Secretary
City of La Quinta Acting as Successor
Agency to the La Quinta Redevelopment Agency
(AGENCY SEAL)
APPROVED AS TO FORM:
____________________________________________
WILLIAM H. IHRKE, Successor Agency Counsel
City of La Quinta Acting as Successor
Agency to the La Quinta Redevelopment Agency
9
10
11
14
18
SA MEETING DATE: FEBRUARY 17, 2015
ITEM TITLE: ADOPT RESOLUTION APPROVING THE
SUCCESSOR AGENCY ADMINISTRATIVE BUDGET
FOR THE PERIOD OF JULY 1 THROUGH DECEMBER
31, 2015
AGENDA CATEGORY:
BUSINESS SESSION:
CONSENT CALENDAR: 3
STUDY SESSION:
PUBLIC HEARING:
RECOMMENDED ACTION:
Adopt a resolution approving the Successor Agency Administrative Budget for the
period of July 1 through December 31, 2015.
EXECUTIVE SUMMARY:
The La Quinta Successor Agency (SA) administers the former
Redevelopment Agency-down activities and the Oversight Board (OB).
ABx1 26 (Dissolution Act) provides for an administrative allowance to carry
out these wind-down activities.
The Dissolution Act requires the SA to prepare an administrative budget
every six months, which is reviewed and approved by the OB.
FISCAL IMPACT:
For the period of July 1 through December 31, 2015, the Redevelopment Property
Tax Trust Fund (RPTTF) allocation for non-administrative costs totals
$12,183,489. Three percent of this total, $365,505, is requested from RPTTF
funds for administrative costs associated with the activities of the Successor
Agency.
BACKGROUND/ANALYSIS:
The Dissolution Act provides an administrative allowance for all successor agencies
to carry out wind-down activities of their former redevelopment agencies and to
administer the oversight boards. The amount is equal to three percent of the
RPTTF allocation listed on the Recognized Obligation Payment Schedule, subject to
change based on review and approval by the DOF.
19
The estimates below include staff time required to carry out SA and OB activities:
SA Administrative Budget
Personnel Costs 233,088
Professional Contract
Services 102,400
Supplies & Publications 4,017
Printing/Mailing/Advertising 1,000
Information Technology
Costs 8,000
Office & Equipment Costs 17,000
Total Administrative Costs $365,505
The two major cost components are personnel costs and professional contract
services. Personnel costs are related to City staff time required to manage SA
affairs. The contract services costs are legal counsel, audit, and consulting
services (as may be required).The detailed administrative budget for this time
period is included as Attachment 1.
Once the SA reviews and approves the administrative budget, the budget must be
reviewed and approved by the OB.
While the Dissolution Act does not require the administrative budgets to be
submitted to the DOF, the DOF does review the actions of oversight boards the
day after the oversight board meetings take place. Therefore, the DOF may
question an oversight bapproval of a successor a
budget.
ALTERNATIVES:
As this is a requirement of the DOF, staff does not recommend an alternative.
Report prepared by: Rita Conrad, Finance Director
Report approved for submission by: Frank J. Spevacek, City Manager
Attachment: 1. Administrative Budget for July 1 through December 31, 2015
20
RESOLUTION NO. SA 2015-
A RESOLUTION OF THE CITY OF LA QUINTA ACTING
AS THE SUCCESSOR AGENCY TO LA QUINTA
REDEVELOPMENT AGENCY APPROVING THE
SUCCESSOR AGENCY ADMINISTRATIVE BUDGET FOR
THE PERIOD OF JULY 1, 2015 THROUGH DECEMBER
31, 2015
WHEREAS, the City Council of the City of La Quinta or City,
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
o the
provisions of the California Community Redevelopment Law (Health and Safety
Code § 33000, et seq
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 agencys 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 of July 1, 2015 through December 31, 2015 (the
Administrative Budget); and
21
Resolution No. SA 2015-
Adoption of SA Administrative Budget
Adopted: February 17, 2015
Page 2
WHEREAS, all other legal prerequisites to the adoption of this Resolution
have occurred.
NOW THEREFORE, BE IT RESOLVED, by City of La Quinta acting as the
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 Successor Agency 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 City of La
Quinta acting as the Successor Agency to La Quinta Redevelopment Agency held
this 17th day of February, 2015, by the following vote, to wit:
AYES:
NOES:
ABSENT:
ABSTAIN:
______________________________________
Linda Evans, Mayor
City of La Quinta Acting as Successor
Agency to the La Quinta Redevelopment
Agency
ATTEST:
22
Resolution No. SA 2015-
Adoption of SA Administrative Budget
Adopted: February 17, 2015
Page 3
___________________________________________
SUSAN MAYSELS, City Clerk
City of La Quinta Acting as Successor Agency
To the La Quinta Redevelopment Agency
(AGENCY SEAL)
APPROVED AS TO FORM:
____________________________________________
WILLIAM H. IHRKE, Successor Agency Counsel
City of La Quinta Acting as Successor Agency
To the La Quinta Redevelopment Agency
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ATTACHMENT 1
SUCCESSOR AGENCY/OVERSIGHT BOARD
JULY - DECEMBER 2015
ADMINISTRATIVE BUDGET
PERSONNEL$233,088
Includes base salary plus benefits.
Successor Agency Administration$168,088
Oversight Board Administration$65,000
SUPPLIES & SERVICES
CONTRACT SERVICES$102,400
This account provides for legal, consulting, and audit services
plus a portion of League of California Cities and California
Redevelopment Agency dues related to technical
assistance and training.
Audits as required by ABx1 26$10,000
League of California Cities Dues & Seminars/Webinars related to ABx1 26$1,950
Legal Services for Successor Agency$45,250
Consulting Services for Successor Agency$45,200
SUPPLIES AND PUBLICATIONS$4,017
This account provides for various office supplies and publications
to be used by SA and OB staff and board members
Successor Agency Supplies & Publications$2,517
Oversight Board Supplies & Publications$1,500
PRINTING/MAILING/ADVERTISING$1,000$1,000
This account provides for required mailings, agenda printing,
and legal advertising
INFORMATION TECHNOLOGY$8,000
This account provides for annual replacement charges for
information technology items such as computers, printers,
and computer related items attributable to SA/OB; and
support/hosting for SA/OB web pages, which are required
by ABx1 26$5,500
Computer Document Storage related to Successor Agency$2,000
On-Line Muni Code related to Successor Agency
$500
OFFICE & EQUIPMENT$17,000
This account provides for office space rental and equipment
usage in City Hall
Rent
$15,000
Equipment$2,000
TOTAL ADMINISTRATIVE BUDGET$365,505
FUNDING SOURCES:
Total Administrative Costs$365,505
3% Administrative Allowance per ROPS 15-16A$ 365,505
Excess Administrative costs $0
F:\\ROPS\\La Quinta ROPS 15-16A\\Admin Budget Jul-Dec 2015 FINAL
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