HomeMy WebLinkAboutOversight Board - 2017-01 RESOLUTION NO. 2017-01
A RESOLUTION OF THE OVERSIGHT BOARD OF THE SUCCESSOR
AGENCY TO THE REDEVELOPMENT AGENCY OF THE CITY OF
HUNTINGTON BEACH APPROVING THE RECOGNIZED OBLIGATION
PAYMENT SCHEDULE FOR THE PERIOD JULY 1, 2017 THROUGH
JUNE 30,2018 ("ROPS 17-18")
WHEREAS, pursuant to AB x1 26 (as amended by AB 1484, the "Dissolution Act"), the
separate legal entity known as Successor Agency to the Redevelopment Agency of the City of
Huntington Beach ("Successor Agency") must prepare "Recognized Obligation Payment
Schedules" ("ROPS") that enumerate the enforceable obligations and expenses of the Successor
Agency for each successive fiscal year until the wind down and disposition of assets of the
former Redevelopment Agency of the City of Huntington Beach; and
The Successor Agency staff has prepared a ROPS for the fiscal year commencing on
July 1, 2017 and continuing through June 30, 2018 ("ROPS 17-18") which is attached hereto as
Exhibit A; and
Under the Dissolution Act, ROPS 17-18 must be approved by the Successor Agency's
oversight board ("Oversight Board"); and
After reviewing ROPS 17-18 presented to and recommended for approval to the
Oversight Board by Successor Agency staff, and after reviewing any written and oral comments
from the public relating thereto,the Oversight Board desires to approve the ROPS 17-18; and
All of the prerequisites with respect to the approval of this Resolution have been met.
NOW, THEREFORE, the Oversight Board of the Successor Agency to the
Redevelopment Agency of the City of Huntington Beach does hereby resolve as follows:
1. The Oversight Board hereby finds and determines that the foregoing recitals are
true and correct.
2. The Oversight Board hereby approves ROPS 17-18 in the form presented to the
Oversight Board and attached hereto as Exhibit A, and hereby determines that such agreements
and obligations constitute "enforceable obligations" and "recognized obligations" for all
purposes under the Dissolution Act.
3. The Oversight Board authorizes and directs the Successor Agency staff to: (i)take
all actions necessary under the Dissolution Act to post 17-18 on the Successor Agency website;
(ii) transmit ROPS 17-18 to the Auditor-Controller and the County Administrator of the County
of Orange and to the State Controller and the State Department of Finance ("DOF"); and (iii) to
do any and all things and to execute and deliver any and all documents which may be necessary
or advisable in order to effectuate the purposes of this Resolution. In addition, the Oversight
Board authorizes and directs the Successor Agency staff to make such non-substantive revisions
1
17-5616/150267/mv
OVERSIGHT BOARD RESOLUTION 2017-01
to ROPS 17-18 as may be necessary to submit ROPS 17-18 in any modified form required by
DOF, and ROPS 17-18 as so modified shall thereupon constitute ROPS 17-18 as approved by the
Oversight Board pursuant to this Resolution.
4. The Oversight Board does not intend, by adoption of this Resolution, to waive
any constitutional, legal and/or equitable rights of the Oversight Board, the Successor Agency or
the City of Huntington Beach under law and/or in equity by virtue of the adoption of this
Resolution and actions approved and taken pursuant to this Resolution and, therefore, reserves
all such rights of the Oversight Board, the Successor Agency and the City of Huntington Beach
under law and/or in equity.
PASSED AND ADOPTED by the Oversight Board of the Successor Agency to the
Redevelopment Agency of the City of Huntington Beach at a special meeting thereof held on the
9Srh day of _ramiary , 2017.
k. %a&
CTairperson
REVIE D ND APPROVED:
Ex6ktive birector
APPROVED AS TO FORM:
;� eral Legal Counsel -W
2
17-5616/150267/mv
OVERSIGHT BOARD RESOLUTION 2017-01
EXHIBIT A
RECOGNIZED OBLIGATION PAYMENT SCHEDULE
FOR THE PERIOD JULY 1, 2017 THROUGH JUNE 30,2018
("ROPS 17-18")
[behind this page]
- E ' rEkE $
" ■ ■ § ■
■ ,
�!
�
�
i§
! §
� § �
�3 !
) ( & !!■
, ! !
'
{ #
�
-
� � \
� !
HULL L-
.� ;.� ,.
} ƒ . �\ � . . | �` n \ � � • � � ] , �. � |
M
! � § I� h / \ §
,
�
� ~ ,
h . . . � \
} � | l ) | ]
. � • . : . . } �
■
11 "�
� 1
I �
1
I �
ifl
1�
IN
N�1 1 RII
II111111110.
mill
M
ENV
i"
+ � iiiiao
!
/ � I
k : I
| \ - ` a ■ ■ �
§ ■
02 | �
| }
� § .9 � � .
. �
! }
Res. No. 2017-01
STATE OF CALIFORNIA )
COUNTY OF ORANGE )
CITY OF HUNTINGTON BEACH )
I,ROBIN ESTANISLAU, Secretary of the Huntington Beach Oversight Board of
the Successor Agency of the Former City of Huntington Beach Redevelopment Agency,
Huntington Beach,California DO HEREBY CERTIFY that the foregoing resolution was duly
adopted by the Huntington Beach Oversight Board of the Successor Agency of the Former City
of Huntington Beach Redevelopment Agency at a meeting held on January 25,2017 and that it
was so adopted by the following vote:
AYES: Board Members: *Bone,Delgleize, L. Dunn,Fritzal,Hardy
NOES: Board Members: None
ABSENT: Board Members: Delgado,A. Dunn
ABSTAIN: Board Members: None
i LQ7xG�
Secre of the Huntington Beach Oversight
Board of the Successor Agency of the Former
City of Huntington Beach Redevelopment
Agency, Huntington Beach, California
*Bone requested that the record show he recused himself from voting on line item
numbers 2, 13, 75 and 88 of Exhibit A due to a financial conflict of interest