HomeMy WebLinkAboutPCDSA Resolution 2020-01 01/06/2020of the Petaluma Community Development
Successor Agency
RESOLUTION OF THE PETALUMA COMMUNITY DEVELOPMENT SUCCESSOR AGENCY
ADOPTING A JULY 1, 2020 -JUNE 30, 2021 RECOGNIZED OBLIGATION PAYMENT
SCHEDULE AND ADMINISTRATIVE BUDGET PURSUANT TO
HEALTH AND SAFETY CODE SECTION 34177 (1)
WHEREAS, the City of Petaluma (City) resolved to act as the Petaluma Community
Development Commission Successor Agency (PCDSA) to, and assumed all rights and
obligations of, the former Petaluma Community Development Commission (PCDC), by
Resolution No. 202-03; and
WHEREAS, the City Council established the PCDSA as an independent public entity
pursuant to Health and Safety Code Section 34173 (g), on August 6, 2012, by Resolution No.
2012-118 N.C.S.; and
WHEREAS, the liability of the PCDSA is limited pursuant to Health and Safety Code
Section 34173 (e) and other applicable law; and
WHEREAS, the PCDSA was required to adopt a six-month enforceable obligation
payment schedule referred to as the Recognized Obligation Payment Schedule (ROPS), and
an administrative budget, which it has done for each of the initial six-month periods of the
newly formed PCDSA; and
WHEREAS, newly adopted legislation requires a yearlong period for the ROPS; and
WHEREAS, the ROPS 20-21 and administrative budget, covering the period from July
1, 2020 - June 30, 2021, are due to the State Department of Finance (DOF) by February 1,
2020;and
WHEREAS, in adopting ROPS 20-21, the PCDSA will comply with all applicable
posting and notification requirements, including posting the ROPS 20-21 on the PCDSA's
website and providing a copy thereof to the Oversight Board for the PCDSA, the County
Administrative Officer, the Department of Finance, and the Sonoma County Auditor -
Controller; and
PCDSA Resolution No. 2020-01 Page 1
WHEREAS, the Oversight Board for the PCDSA must review and approve the ROPS
20-21 and administrative budget prior to their submission to DOF; and
WHEREAS, the Sonoma County Consolidated Oversight Board was established on July
1, 2018 to approve the ROPS for the PCDSA; and
WHEREAS, a draft ROPS 20-21 and administrative budget for the period July 1, 2020
- June 30, 2021, a copy of which is attached as Exhibit A & B and made part hereof, has been
presented to the PCDSA, the PCDSA is familiar with the contents thereof, and the Executive
Director has recommended approval of the same, subject to the contingencies and
reservation of rights set forth in this Resolution; and
WHEREAS, the PCDSA reserves the right to challenge the legality of Assembly Bills x1
26 and 1484 and/or any implementing regulations, and to rescind its acceptance of PCDSA
rights and obligations, and reserves any and all rights concerning Assembly Bill x126 and AB
1484 pursuant to applicable law; and
WHEREAS, the PCDSA reserves the right to further amend the ROPS 20-21 and
administrative budget; and
WHEREAS, in adopting the ROPS 20-21 and administrative budget, the PCDSA does
not intend to waive, nor shall the PCDSA be deemed to have waived, any rights the PCDSA
may have pursuant to or in connection with any obligation listed on the ROPS 20-21 and
administrative budget, including without limitation, the right to modify, amend, terminate or
challenge any obligation listed on the ROPS 20-21 or the administrative budget.
NOW, THEREFORE, BE IT RESOLVED BY THE PETALUMA COMMUNITY
DEVELOPMENT SUCCESSOR AGENCY PURSUANT TO HEALTH AND SAFETY CODE
34171(1), that the Petaluma Community Development Successor Agency hereby:
1. Finds that the Recitals set forth above are true and correct and are incorporated
herein by reference.
2. Approves the Recognized Obligation Payment Schedule for the July 1, 2020 -June
30, 2021 (ROPS 20-21) and the administrative budget, attached hereto as Exhibit
A & B, pursuant to Health and Safety Code section 34177(1), subject to all
reservations of rights and contingencies set forth above.
PCDSA Resolution No. 2020-01 Page 2
3. Authorizes and directs the Executive Director or his designee to take all actions
necessary to implement this Resolution, including without limitation, the
submission of the draft ROPS 20-21 simultaneously to the Sonoma County
Consolidated Oversight Board, the Sonoma County Administrative Officer, the
Sonoma County Auditor -Controller, and the State Department of Finance; and the
posting of this Resolution and the Recognized Obligation Payment Schedule 20-21
on the PCDSA's website.
4. Declares that if any provision, sentence, clause, section, or part of this Resolution is
found to be unconstitutional, illegal or invalid, such finding shall affect only such
provision, sentence, clause, section or part, and shall not affect or impair any of the
remainder.
REFERENCE: I hereby certify the foregoing Resolution was introduced and adopted by the Approved as to
Petaluma Community Development Successor Agency at a Regular Meeting on the
6th of January 2020, by the following vote:
AYES: Barrett, Fischer, Healy, Kearney, King, McDonnell, Miller i Asst, General Coun el
NOES: None
ABSENT: None
ABSTAIN: None
ATTEST:
Recording Secretary L Chair
PCDSA Resolution No. 2020-01 Page 3
Recognized Obligation Payment Schedule (ROPS 20-21) - Summary
Filed for the July 1, 2020 through June 30, 2021 Period
Successor Agency: Petaluma
County: Sonoma
Current Period Requested Funding for Enforceable
Obligations (ROPS Detail)
A Enforceable Obligations Funded as Follows (B+C+D)
B Bond Proceeds
C Reserve Balance
D Other Funds
E Redevelopment Property Tax Trust Fund (RPTTF) (F+G)
F RPTTF
G Administrative RPTTF
H Current Period Enforceable Obligations (A+E) $ 125,000 $ 5,293,687 $ 5,418,687
Name Title
IS/
Signature Date
EXHIBIT A
20-21 A Total 20-21 B Total ROPS 20-21
(July - (January - Total
December) June)
$ 125,000 $ 5,293,687 $ 5,418,687
- 5,168,687 5,168,687
125,000 125,000 250,000
Certification of Oversight Board Chairman:
Pursuant to Section 34177 (o) of the Health and Safety
code, I hereby certify that the above is a true and
accurate Recognized Obligation Payment Schedule for
the above named successor agency.
PCDSA Resolution No. 2020-01
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