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HomeMy WebLinkAboutSuccessor Agency - 2012-07 SUCCESSOR AGENCY RESOLUTION NO. 2012-07 A RESOLUTION OF THE SUCCESSOR AGENCY TO THE REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH AUTHORIZING THE PROCESSING OF DOCUMENTATION REFLECTING AND CONFIRMING OWNERSHIP OF REAL PROPERTY BY IT AND APPROVING VARIOUS ACTIONS RELATING TO THE TRANSFER OF THE PURCHASE PRICE AND SALE OF REAL PROPERTY PURSUANT TO A PURCHASE AGREEMENT AND JOINT ESCROW INSTRUCTIONS BY AND BETWEEN THE CITY OF HUNTINGTON BEACH AND CAMPBELL LODGING, INC. AND CAMPBELL LODGING INTERNATIONAL, LLC WHEREAS, the former Redevelopment Agency of the City of Huntington Beach ("Agency") was a redevelopment agency in the City of Huntington Beach ("City"), duly created pursuant to the California Community Redevelopment Law (Part 1 (commencing with Section 33000) of Division 24 of the California Health and Safety Code) ("CRL"); and WHEREAS, the Agency was responsible for the administration of redevelopment activities within the City; and WHEREAS, Section 33220 of the CRL provides that certain public bodies may aid and cooperate in the planning, undertaking, construction or operation of redevelopment projects; and WHEREAS, the City and the Agency entered into a number of Cooperation Agreements to continue the effort to redevelop, revitalize and/or eliminate blight in the City to achieve the purposes and goals of the CRL, to repay debt to the City and to provide for affordable housing, as appropriate and as authorized by redevelopment law in effect at the time of approval of said agreements; and WHEREAS, pursuant to such authority set forth in the CRL and other applicable law, on March 7, 2011, by Resolution No. 2011-17, the City approved and accepted the transfer of certain real property located in the City of Huntington Beach, California, APN Nos. 142-081-06, 142-081-09, 142-081-10, 142-081-11, 142-081-12, and 142-081-28 (collectively, the "Agency Property"); and WHEREAS, pursuant to Resolution No. 2011-17, the City executed a certificate of acceptance ("Certificate of Acceptance") for the Agency deed designed to transfer ownership of the Agency Property from the Agency to the City ("Agency Deed"); and WHEREAS, on or about March 10, 2011, the Agency Deed, along with the Certificate of Acceptance, was recorded in the official records of the County of Orange; and WHEREAS, neither the Cooperation Agreements nor the purported transfer of the Agency Property (or any of the related documents and actions) were challenged within the applicable statute of limitations; and 1 12-3499/85280.doc Successor Agency Resolution No. 2012-07 WHEREAS, AB x1 26 ("AB 26") was signed by the Governor of California on June 28, 2011, making certain changes to the CRL and adding Part 1.8 and Part 1.85 to Division 24 of the California Health and Safety Code; and WHEREAS, AB 26 states, in part, that "[t]he Legislature hereby finds that a transfer of assets by a redevelopment agency [after January 1, 2011] is deemed not to be in the furtherance of the [CRL] and is thereby unauthorized"; and WHEREAS, AB 26 further states, in part, that "[c]ommencing [February 1, 2012], ... arrangements between the city ... that created the redevelopment agency and the redevelopment agency are invalid..."; and WHEREAS, AB 26 further states, in part, that "[a]ll ... properties [and] buildings ... of the former redevelopment agency are transferred on [February 1, 2012], to the control of the successor agency"; and WHEREAS, subsequent to the date of transfer of the Agency Property to the City, the City and Campbell Lodging, Inc. entered into that certain Purchase Agreement and Joint Escrow Instructions dated January 27, 2012, as amended by that Amendment to Purchase Agreement and Joint Escrow Instructions dated January 31, 2012 and that Second Amendment to Purchase Agreement and Joint Escrow Instructions dated June 25, 2012 (collectively, the "Purchase Agreement") relating to the sale of the Agency Property and the development thereon of a high- quality, first-class, four story, 120-140 room Hyatt Place Hotel or other brand hotel ("Project") pursuant to the terms and conditions contained in the Purchase Agreement. Campbell Lodging, Inc. assigned its rights as "Buyer" under the Purchase Agreement to Campbell Lodging International, LLC but retained the obligation to be the developer of the hotel; and WHEREAS, on or about April 20, 2012, the California State Controller issued correspondence stating, in part, that Jiff your city ... received any assets from a redevelopment agency after January 1, 2011, your city ... hereby is ordered to ... reverse the transfer and return the applicable assets to the successor agency of the relevant redevelopment agency"; and WHEREAS, under AB 26, each successor agency shall have an oversight board with fiduciary responsibilities to holders of enforceable obligations and the taxing entities that benefit from distributions of property taxes and other revenues pursuant to California Health and Safety Code Section 34188; and WHEREAS, the oversight board has been established for Successor Agency to the Redevelopment Agency of the City of Huntington Beach("Successor Agency") (which oversight board shall hereinafter be referred to as the "Oversight Board") and all seven (7) members have been appointed to the Oversight Board pursuant to California Health and Safety Code Section 34179; and 2 12-3499/85280.doc Successor Agency Resolution No. 2012-07 WHEREAS, AB 1484 ("AB 1484") was signed by the Governor of California on June 27, 2012,making changes to AB 26 and certain additional changes to the CRL; and WHEREAS, AB 1484, at Section 34179.5(c)(2) of Part 1.85 of the California Health and Safety Code, categorizes certain assets as those "transferred after January 1, 2011 ... by the redevelopment agency ... to the city ... that formed the redevelopment agency..." ("Section 34179.5(c)(2) Assets"); and WHEREAS, AB 1484, at Section 34179.5(c)(1) of Part 1.85 of the California Health and Safety Code, categorizes certain other assets as those "transferred from the former redevelopment agency to the successor agency on or about February 1, 2012." ("Section 34179.5(c)(1) Assets"); and WHEREAS, because (i) AB 26 states that a transfer of assets by a redevelopment agency after January 1, 2011 was "unauthorized", (ii) AB 26 states that commencing February 1, 2012, arrangements between a redevelopment agency and the city that created it are "invalid" and (iii) the State Controller has purported to order that ownership of certain assets be vested in successor agencies, the Agency Property is therefore not categorized as Section 34179.5(c)(2) Assets; and WHEREAS, because AB 26 states that all properties and buildings of the former redevelopment agency are transferred on February 1, 2012 to the control of the successor agency, the Agency Property is therefore categorized as Section 34179.5(c)(1)Assets; and WHEREAS, the Successor Agency does not acknowledge that the purported transfer of the Agency Property by the Agency to the City was not in furtherance of the CRL; and WHEREAS, the Successor Agency does not acknowledge the effectiveness of the Legislature's purported deeming not to be in furtherance of the CRL of the purported transfer of assets that was conducted in accordance with the CRL at the time when made and was not challenged within the applicable statute of limitations; and WHEREAS, the Successor Agency does not acknowledge that commencing February 1, 2012, arrangements between the redevelopment agency and the city that created it are invalid; and WHEREAS, the Successor Agency does not acknowledge the effectiveness of the California State Controller's order to reverse the transfer of the Agency Property and return the applicable assets to the Successor Agency; and WHEREAS, the Successor Agency has limited financial resources and desires not to initiate litigation at this time with regard to AB 26, AB 1484 and/or the purported order by the California State Controller that ownership of the Agency Property be vested in the Successor Agency; and 3 12-3499/85280.doc Successor Agency Resolution No. 2012-07 WHEREAS, in order to avoid the costs of litigation and other costs, the Successor Agency desires to take action in a manner consistent with AB 26, AB 1484 and the California State Controller's purported order, and in furtherance of the Successor Agency's duties under Section 34179.6(h)(1) and Section 34179.6(f), by processing documentation reflecting ownership of the Agency Property by the Successor Agency, without acknowledging the effectiveness of AB 26, AB 1484 and/or such order and duties, expressly disclaiming the same; and WHEREAS, the Successor Agency's processing of documentation reflecting ownership of the Agency Property by the Successor Agency is not intended to waive, and shall not constitute a waiver, by the Successor Agency or the City of any constitutional, legal or equitable rights that the Successor Agency or the City may have to challenge, through administrative or judicial proceedings, the effectiveness and/or legality of all or any portion of AB 26 or AB 1484, any determinations rendered or actions or omissions to act by any public agency or government entity or division in the implementation of AB 26 and AB 1484, and any and all related legal and factual issues, and the Successor Agency and the City expressly reserves any and all rights, privileges, and defenses available under law and equity; and WHEREAS, per Section 15301 of the State CEQA Guidelines, the transfer of the Agency Property is exempt from environmental review under CEQA because the transfer will result in a continuation of an existing facility involving no expansion of use and is therefore exempt from environmental review, and any future development for the Agency Property will require separate environmental review; and WHEREAS, Health and Safety Code Section 34181(a) provides, in pertinent part, that the Oversight Board shall direct the Successor Agency to transfer ownership to the appropriate public jurisdiction of all assets and property constructed and used for governmental purposes; and WHEREAS, the City is the appropriate public jurisdiction for ownership of the Agency Property pursuant to the Purchase Agreement, as authorized pursuant to Health and Safety Code Section 34181(a); and WHEREAS, all of the prerequisites with respect to the approval of this Resolution have been met. NOW, THEREFORE, BE IT HEREBY RESOLVED, by the Governing Board of the Successor Agency to the Redevelopment Agency of the City of Huntington Beach, as follows: 1. The above recitals are true and correct and are a substantive part of this Resolution. 4 12-3499/85280.doc Successor Agency Resolution 'No. 2012-07 2. The Successor Agency hereby authorizes the processing of documentation via quitclaim deed(s) or other appropriate instrument in order to reflect and confirm ownership of the Agency Property by the Successor Agency, including the execution of Certificate of Acceptance therefore by the Successor Agency, and the processing of documentation to transfer to/retention by the Successor Agency or the City of the Purchase Agreement and/or any and all other lease or rental documents pertaining to the Agency Property. 3. The Successor Agency hereby approves of the terms of the Purchase Agreement. 4. The Successor Agency hereby approves of the sale and conveyance of the Agency Property from the City or Successor Agency to Campbell Lodging International, LLC in accordance with the terms and conditions set forth in the Purchase Agreement, for the purpose of the Campbell Lodging, Inc. developing the Project. 5. The Successor Agency hereby approves of the transfer to the Successor Agency of the purchase price received from the sale of the Agency Property for distribution to the taxing agencies in accordance with AB 26/AB 1484. 6. The Successor Agency hereby acknowledges and agrees that the Purchase Agreement constitutes the existence of an enforceable obligation pursuant to Part 1.8 and Part 1.85 of Division 24 of the Health and Safety Code for the purposes of, without limitation, the disposition of assets previously owned by the Agency. 7. The Successor Agency hereby approves and consents to the transfer of ownership of any or all of the Agency Property, together with the transfer of the Purchase Agreement and/or any and all other lease or rental documents pertaining to the Agency Property, from the Successor Agency to the City as the appropriate public agency, as may be directed by the Oversight Board. 8. The Executive Director, or designee, is hereby authorized to take such actions and execute such documents as are necessary to effectuate the intent of this Resolution on behalf of the Successor Agency, including, without limitation, transferring or retaining the Purchase Agreement and/or any and all other lease or rental documents pertaining to the Agency Property and taking all actions and signing any and all documents necessary to implement and effectuate the Purchase Agreement and/or any and all other lease or rental documents pertaining to the Agency Property. 9. The Successor Agency does not intend, by adoption of this Resolution, to waive any constitutional, legal and/or equitable rights of the Successor Agency or the City under law and/or in equity by virtue of the adoption of this Resolution and actions approved and taken 5 12-3499/85280.doc Successor Agency Resolution No. 2012-07 pursuant to this Resolution and, therefore, reserves all such rights of the Successor Agency and the City under law and/or in equity. 10. This Resolution shall take effect upon the date of its adoption. PASSED AND ADOPTED by the Governing Board of the Successor Agency to the Redevelopment Agency of the City of Huntington Beach at a regular meeting thereof held on the 15th day of October , 2012. Chairman 7 REVI ND APPROVED: INIT D AND APPROVED: t Ex l Director Deputy Executive Director APPROVED AS TO FORM: (Y) Agency C unsel U (-J, 6 12-3499/85280.doc Su ccessor Agency Res. No. 2012-07 STATE OF CALIFORNIA COUNTY OF ORANGE ) ss: CITY OF HUNTINGTON BEACH ) I, JOAN L. FLYNN the Clerk of the Successor Agency to the former City of Huntington Beach Redevelopment Agency, Huntington Beach, California, DO HEREBY CERTIFY that the foregoing resolution was duly adopted by The Successor Agency to the Redevelopment Agency of the City of Huntington Beach at a meeting held on October 15, 2012 and that is was so adopted by the following vote: AYES: Shaw, Harper, Dwyer, Hansen, Carchio, Bohr, Boardman NOES: None ABSENT: None ABSTAIN: None ClerVbf The Successor Aa ncy to the Redevelopment Agency of the City of Huntington Beach, California