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HomeMy WebLinkAboutSA 2026-001 - Approving ROPS 26-27 SUCCESSOR AGENCY RESOLUTION NO. 2026-001 A RESOLUTION OF THE SUCCESSOR AGENCY TO THE FORMER COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA APPROVING THE RECOGNIZED OBLIGATION PAYMENT SCHEDULE 26-27 FOR THE PERIOD OF JULY 1, 2026 TO JUNE 30, 2027 PURSUANT TO HEALTH AND SAFETY CODE SECTION 34177(o), AND PART 1.85 OF DIVISION 24 OF THE CALIFORNIA HEALTH AND SAFETY CODE ("DISSOLUTION ACT") BE IT RESOLVED BY THE MEMBERS OF THE SUCCESSOR AGENCY OF THE CITY OF SANTA ANA AS FOLLOWS: Section 1. The City Council of Santa Ana, acting as Successor Agency, conclusively finds, determines and declares as follows: A. On January 9, 2012, pursuant to section 34173 of the California Health & Safety Code, the City of Santa Ana ("City") elected to serve as the Successor Agency for the dissolved Community Redevelopment Agency ("Agency") of the City of Santa Ana and selected the Housing Authority of the City of Santa Ana to act as "Successor Housing Agency." B. The City Council serves as the governing body of the Successor Agency under the Dissolution Act, as amended by AB 1484, AB 471, and SB 107, to administer the enforceable obligations of the Agency and otherwise unwind the Agency's affairs. C. SB 107 revised the timeline for the preparation of the required Recognized Obligation Payment Schedule ("ROPS") from each six-month period to a one-year period beginning July 1, 2016. D. The annual ROPS includes the administrative cost allowance as required under Health and Safety Code Section 34177 0) through (k). E. The annual ROPS for the July 1, 2026 through June 30, 2027 period must be approved by the Countywide Oversight Board and submitted to the County Auditor -- Controller, State Controller's Office, and to the State Department of Finance ("DOF") no later than February 1, 2026. Section 2. The Successor Agency approves the Recognized Obligation Payment Schedule 26-27, attached hereto as Exhibit A and incorporated herein by this reference, and authorizes the submission to the County of Orange and Countywide Oversight Board for review and approval. Resolution 2026-001 Page 1 of 8 Section 3. Pursuant to the Dissolution Act, the Successor Agency further authorizes the transmittal of the ROPS 26-27, upon subsequent Countywide Oversight Board approval, to DOF with copies to the County Administrative Officer, the County Auditor- Controller, and the State Controller's Office. Section 4. The City Manager, or his/her designee ("City Manager"), is directed to post on the City's website the ROPS 26-27 in the manner required by law. Section 5. The City Manager and/or the Executive Director of Community Development, or their respective designees, as delegated officials of the City acting as Successor Agency, are authorized to make or accept any augmentation, modification, additions, or revisions to the ROPS as may be necessary and appropriate in their reasonable discretion, based on review or communications from the Countywide Oversight Board, the State Department of Finance or County of Orange. Section 6. This Resolution shall take effect immediately upon its adoption by the Successor Agency, and the City Clerk shall attest to and certify the vote adopting of this Resolution. ADOPTED this 20th day of January, 2026. Vale ie Amezcua APPROVED AS TO FORM: Sonia R. Carvalho, City Attorney By: Sawyia, Andrea Garcia-Miller Assistant City Attorney Resolution 2026-001 Page 2 of 8 AYES: Agency Members Amezcua Bacerra Hernandez Lopez Penaloza, Phan, Vazquez (7) NOES: Agency Members None (0) ABSTAIN: Agency Members None (0) ABSENT: Agency Members None (0) CERTIFICATE OF ATTESTATION AND ORIGINALITY I, JENNIFER L. HALL, City Clerk, do hereby attest to and certify the attached Resolution No. 2026-001 to be the original resolution adopted by the City Council acting as the Successor Agency to the former Community Redevelopment Agency on January 20, 2026. Date: z ennifer L. Il City Clerk a Ana Resolution No. 2026-001 Page 3 of 8 EXHIBIT A Recognized Obligation Payment Schedule(ROPS 26-27)-Summary Filed for the July 1,2026 through June 30,2027 Period Successor Agency: Santa Ana County: Orange 26-27ATotal 26.27 Total Current Period Requested Funding for Enforceable (July- (January- ROPS 26-27 Obligations(ROPS Detail) December) June) Total A Enforceable Obligations Funded as Follows(B+C+D): $ 113,236 $ 113,236 $ 226,472 B Bond Proceeds - C Reserve Balance - - - ❑ Other Funds 113,236 113,236 226,472 E Redevelopment Property Tax Trust Fund(RPTTF)(F+G): $12,871,699 . $ 339,598 $13,211,297 F RPTTF 12,835,472 303,371 13,138,843 G Administrative RPTTF 36,227 36,227 72,454 H Current Period Enforceable Obligations(A+E): $12,984,935 $ 452,834 .$13,437,769 Certification of Oversight Board Chairman: Pursuant to Section 34177(o)of the Health and Safety code, I hereby Name Title certify that the above is a true and accurate Recognized Obligation Payment Schedule for the above named successor agency. /s/ Signature late Resolution No. 2026-001 Page 4 of 8 E§ R \ \ [k \ Lo a) a 2 dE k |k§ 2 cI & • ) 2 \ \ ® !)t ; ( [7 . - ° k ■ � 2 2 k 2 # f � - / �- % { � z z � . . {� {{ !!k )31k 20, !f j|!! ! z ]\ � )7!! ]i!{ �\• \)E §y] a\f! ) § § ® m \k � lzi E , 5 f �) cc §�\ )•E§ !US #)§ ){�}\ E & £) \2t7)\!/! /� )_, 2��� \-, —.2 ;` ; %§ k § ! \ \ # ! § § | « ) ° . � k } ¥ « _ __- k � ] 1.. ! ! \ ||� ! � ; !) 5 ■ _ kk\§§ \ ) \ i 7 \ ¥ c D \ � $|{ ! ! ! }! ! ! ! . B! 2 ,!)| l;_!st: `-\- �q !! 2J;;, §!!$, m,2�§w ;l, ��■;! m ` a ■ e a 2 § § �., ° Santa Ana Recognized Obligation Payment Schedule(ROPS 26-27) -Notes July 1, 2026 through June 30, 2027 Item# Notes/Comments 30 33 34 35 36 37 62 63 66 160 161 162 163 164 165 166 167 Resolution No, 2026-001 Page 7 of 8 Santa Ana Recognised Obligation Payment Schedule{ROPE 219-27j-Report of Cash Balances July 1,2023 through June 30,2024 Re ort Amounts In Whole Dollars( Pursuant to Health and Safety Cade section 34177(I),Redevelopment Property Tax Trust Fund(RPTTF)may be listed as a source of payment on the BOPS,but only to the extenl no other funding source is available or when payment from property tax revenues is required b an enforceable obligation, For tips on how to complete the Report of Cash Balances Form,see Cash Balance Tips Sheet A g G D E P G B Fund Sources Send Proceed. ft..—Balance Oilier Funds RPTTF Prior ROPS RPRF and Reserve Reol, NcrvAdmin ROPS 33 24 Wah Balanroa Bontls I—ed an a Bodds i55ued an or Ralerlr retained for Grans, and 07l01123-0N30124 belom 17137f70 aner 01I0 V71 Mure nods) Interest,etc. Admin Comments 1 Beglnning Available Cash Balance£Actual 0710V23) RFFFF amount ahaeld exdude"A'period dis eWlion amount C1ty received guldenee from OOF and have updated 16,024 0 5S6671E11.729,972 BeginrBng Cash Balances. 2 Revenuellncwne{Actual M301241 RPTTF amount should de to the ROPS 23.24 total distribution from the County AWNw-C-1roller 7,317 250,771 3 Papendltures for BOPS 23.24 Enl—able Ohligations [Actual GM(N24) 0 227.102 11,599 ON 4 Ret-lan of Available Cash nelance factual ordt!M1 RPTTF amount ruwined should only tndtlde the amounes dfetdbuled as reserve Far future pedrd(s) 23,341 c 0 S ROPS 23 X RPTTF Prior Period Adjustment RPTTF amount should go 1,the Agency.ROPS 2123 PPA form submitted Iu the CAC No entry required 187.369 a Ending Actual Available Cah nalante(09130RA) C to F= +2-3-4),G=(1+[7 2-3_4_5} S 0 5 o S a S 001340 $ 236,327 Resolution No. 2026-001 Page 8 of 8