HomeMy WebLinkAboutOSB Resolution 2018-01 01/24/2019Resolution No. 2018 -01
Petaluma Oversight Board to the
Petaluma Community Development Successor Agency
RESOLUTION OF THE OVERSIGHT BOARD FORMED PURSUANT TO HEALTH AND
SAFETY CODE SECTION 34179 TO OVERSEE THE PETALUMA COMMUNITY
DEVELOPMENT SUCCESSOR AGENCY, APPROVING THE RECOGNIZED OBLIGATION
PAYMENT SCHEDULE AND THE SUCCESSOR AGENCY ADMINISTRATIVE BUDGET FOR
THE PERIOD ENDING JUNE 30, 2019
WHEREAS, on December 29, 2011, the California Supreme Court delivered its
decision in California RedevelopmentAssociation v. Matosantos, finding ABX1 26 (the
"Dissolution Act ") largely constitutional; and
WHEREAS, under ABx1 26 (the "Dissolution Act ") and the California Supreme Court's
decision in California Redevelopment Association v. Matosantos, all California redevelopment
agencies, including the Petaluma Community Development Commission (the "former PCDC "),
were dissolved on February 1, 2012; and
WHEREAS, on January 9, 2012 by Resolution No. 2012 -007 N.C.S. the City Council
elected that the City of Petaluma serve as the Successor Agency to the former PCDC, subject
to all limitations, conditions and qualifications stated in that resolution; and
WHEREAS, under the Dissolution Act, the Petaluma Community Development
Successor Agency ( PCDSA) must prepare a "Recognized Obligation Payment Schedule"
( "ROPS ") that enumerates the enforceable obligations and expenses of the Successor Agency
for 1 year periods; and
WHEREAS, on January 22, 2018, the PCDSA approved the ROPS 18 -19 for the one -
year period ending June 30, 2019; and
WHEREAS, under the Dissolution Act, the ROPS 18 -19 must be approved by the
Oversight Board to enable the PCDSA to continue to make payments on enforceable
obligations of the former PCDC; and
WHEREAS, pursuant to the Dissolution Act, the duly- constituted Oversight Board for
the PCDSA met at a duly- noticed public meeting on January 24, 2018 to consider obligations
listed on the ROPS 18 -19, and consider approval of the ROPS18 -19; and
NOW, THEREFORE, BE IT RESOLVED that the Oversight Board, formed pursuant to
California Health and Safety Code Section 34179 to oversee the Petaluma Community
Development Successor Agency, hereby finds, resolves, and determines as follows:
The foregoing recitals are true and correct.
OSB Resolution No, 2018 -01 Page 1
2. The Oversight Board hereby approves the ROPS18 -19 for the period July 1,
2018 through June 30, 2019 (Exhibit A), including the Petaluma Community Development
Successor Agency Administrative Budget (Exhibit B), in the form presented to the
Oversight Board including the agreements and obligations described in the ROPS, and
hereby determines that such agreements and obligations constitute "enforceable
obligations" or "recognized obligations" for all purposes of the Dissolution Act.
3. The Oversight Board authorizes and directs the Petaluma Community
Development Successor Agency staff to take all actions necessary under the Dissolution Act
to post the ROPS 18 -19 on the Successor Agency website, transmit the ROPS18 -19 to the
Auditor - Controller of the County of Sonoma and to the State Controller and the State
Department of Finance, and to take any other actions necessary to ensure the validity of the
ROPS18 -19 or the validity of any enforceable obligation or other agreement approved by
the Oversight Board in this Resolution.
REFERENCE: I hereby certify the foregoing Resolution was introduced and adopted by the Petaluma Oversight Board to the
Petaluma Community Development Successor Agency at a Regular Meeting on the 24th of January 2018, by the
following vote:
AYES: Duiven, Chair Healy, Scharer, Thompson
NOES: None
ABSENT: Herrington, Jolley, Vice Chair Rabbitt
ABSTAIN: None
f
ATTEST:
Recording Secretary Chair
OSB Resolution No. 2018 -01 Page 2