SA Resolution 2014-002RESOLUTION NO. SA 2014 - 002
A RESOLUTION OF THE SUCCESSOR AGENCY TO THE
LA QUINTA REDEVELOPMENT AGENCY ADOPTING
RECOGNIZED OBLIGATION PAYMENT SCHEDULE 14-
15A FOR THE PERIOD OF JULY 2014 THROUGH
DECEMBER 2014
WHEREAS, the City Council of the City of La Quinta ("City Council" or "City,"
as applicable) previously approved and adopted (i) the Redevelopment Plan for La
Quinta Project Area No. 1 ("Project Area No. 1 " or "Project Area No. 1 Redevelopment
Plan," as applicable); and (ii) the Redevelopment Plan for La Quinta Redevelopment
Project Area No. 2 ("Project Area No. 2" or "Project Area No. 2 Redevelopment Plan,"
as applicable);
WHEREAS, the former La Quinta Redevelopment Agency ("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 sett .) ("CRL"); and
WHEREAS, as part of the 2011-12 State budget bill, the California
Legislature enacted and the Governor signed, Assembly Bill 26 ("ABx1 26")
requiring that each redevelopment agency be dissolved and Assembly Bill 27
("ABx1 27") that 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. 2012-002, affirmatively electing to be the "successor agency" to
the Agency; and
WHEREAS, on June 27, 2012, the California Legislature enacted, and the
Governor signed, Assembly Bill 1484 ("AB 1484"), which, among other things,
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, a "Recognized Obligation
Resolution No. SA 2014-002
Adoption of Recognized Obligation Payment Schedule
Adopted: February 18, 2014
Page 2 of 3
Payment Schedule" ("ROPS") 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
("Successor Agency") staff have prepared BOPS 14-15A for the period of July 1,
2014 through December 31, 2014; 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 14-15A. 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 14-15A attached hereto as Exhibit A as
the Recognized Obligation Payment Schedule for the period of July 2014 through
December 2014. Pursuant to Health & Safety Section 34173(e), the Successor
Agency's 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 14-15A to the Oversight Board of the City
as Successor Agency to the La Quinta Redevelopment Agency (the "Oversight
Board") and, after approval by the Oversight Board, to submit a copy of the
approved BOPS 14-15A 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.
Resolution No. SA 2014-002
Adoption of Recognized Obligation Payment Schedule
Adopted: February 18, 2014
Page 3 of 3
PASSED, APPROVED, AND ADOPTED at the meeting of the Successor
Agency to the La Quinta Redevelopment Agency held this 18th of February, 2014,
by the following vote:
AYES: Agency Members Evans, Franklin, Henderson, Osborne, Chair Adolph
NOES: None
ABSENT: None
ABSTAIN: None
DoWADOLkFT, Chaijerson
City of La Quinta Acting as Successor
Agency to the La Quinta Redevelopment
Agency
/_1%11111*'319
SUSAN MAYSELS, City Clerk
City,of La Quinta Acting as Successor Agency to the
La Quinta Redevelopment Agency
(AGENCY SEALY
APP OVED AST FO M:
M. KATHERINE JE ON, Successor Agency Counsel
City of La Quinta A ting as Successor Agency to the
La Quinta Redevelopment Agency
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