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HomeMy WebLinkAbout3 - RESO - APPROVE ROPS AND BUDGETREQUEST FOR SUCCESSOR AGENCY ACTION MEETING DATE: MAY 7, 2012 TITLE: SUCCESSOR AGENCY APPROVAL OF RECOGNIZED OBLIGATION PAYMENT SCHEDULE (ROPS) AND ADMINISTRATIVE BUDGET FOR THE PERIOD OF JULY 1, 2012 THROUGH DECEMBER 31, 2012 CONTINUED TO FILE NUMBER CITY MANAGER RECOMMENDED ACTION It is recommended that the City Council acting as the Successor Agency to the former Agency: Adopt a Resolution approving the Recognized Obligation Payment Schedule ("ROPS") and Successor Agency Administrative Budget for the period of July 1, 2012 through December 31, 2012 and certain other actions pursuant to Part 1.85 of the Dissolution Act. 2. Approve the City Manager and/or Director of Finance, or their designees, as delegated officials of the City acting as Successor Agency, as authorized to make any augmentation, modification, additions, or revisions as may be necessary to the ROPS or Administrative Budget based on review by the State Department of Finance (DOF), or the County of Orange's selected independent auditor, as applicable. DISCUSSION The California Supreme Court's decision in California Redevelopment Association, et al. v. Matosantos ("Matosantos") upheld Assembly Bill X1 26, the "Dissolution Act." AB X1 26 added Parts 1.8 and 1.85 to Division 24 of the California Health & Safety Code, which caused the dissolution and winding down of all California redevelopment agencies. By resolution, the City Council on January 9, 2012, elected for the City to act as the "Successor Agency" to the community's dissolved redevelopment agency ("Agency") and the Housing Authority of the City of Santa Ana as "Successor Housing Agency." On February 1, 2012, the Agency was dissolved and the City began to serve as the "Successor Agency." The City is performing its functions as the Successor Agency under the Dissolution Act to administer the enforceable obligations of the Agency and otherwise unwind the Agency's affairs, most subject to the review and approval by a seven-member Oversight Board. CLERK OF THE COUNCIL USE ONLY: APPROVED ? As Recommended ? As Amended ? Implementing Resolution ? Other 3-1 ROPS and Administrative Budget May 7, 2012 Page 2 On April 2, 2012, the Successor Agency approved the ROPS and Successor Agency's proposed Administrative Budget ("Budget") for the period of February 1, 2012 through June 30, 2012. The ROPS and Budget were then approved by the Oversight Board at its April 10, 2012 meeting, and subsequently made available to the appropriate entities [State Controller's Office, State Department of Finance (DOF), and/or County-Auditor Controller] as required by law. The April 10, 2012 ROPS is currently under review by the DOF and County. The ROPS (Exhibit A of Exhibit 1) and Budget (Exhibit B of Exhibit 1) for the July 1, 2012 through December 31, 2012 period is now being presented for Successor Agency approval. Following action by the Successor Agency, the ROPS will be presented to the Oversight Board for its approval, and then filed as required with the appropriate entities. The State Department of Finance has requested that this ROPS as approved by the Oversight Board, be submitted to the DOF and County Auditor-Controller by May 11, 2012. The Santa Ana Oversight Board is scheduled to meet May 8, 2012 to review the ROPS and Budget. FISCAL IMPACT California Health and Safety Code Section 34173(e) stipulates that "the liability of any successor agency, acting pursuant to the powers granted under the act adding this part, shall be limited to the extent of the total sum of property tax revenues it receives pursuant to this part and the value of assets transferred to it as a successor agency for a dissolved redevelopment agency." Thus, the City's obligations as Successor Agency are limited by the amount of property taxes and the value of assets it receives in its role as the Successor Agency. -"h ( / f C-q a-,(- k Nancy T. d ards Interim Exe utive Director Community Development Agency NTE/SG/mlr Exhibits: 1. ROPS & Administrative Budget Resolution 3-2 5/1/12 LES SUCCESSOR AGENCY RESOLUTION NO. 2012- A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA ANA ACTING AS SUCCESSOR AGENCY TO THE FORMER COMMUNITY REDEVELOPMENT AGENCY APPROVING THE RECOGNIZED OBLIGATION PAYMENT SCHEDULE (ROPS) AND ADOPTING AND APPROVING THE SUCCESSOR AGENCY'S ADMINISTRATIVE BUDGET FOR THE PERIOD OF JULY 1, 2012 THROUGH DECEMBER 31, 2012 PURSUANT TO HEALTH AND SAFETY CODE SECTION 341770), AND CERTAIN OTHER ACTIONS PURSUANT TO PART 1.85 OF THE 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, hereby finds, determines and declares as follows: A. The California Supreme Court's decision in the recent California Redevelopment Agency v. Matosantos case upheld ABX1 26 which will now control the dissolution and winding down of every California redevelopment agency. ABX1 26 prohibits agencies from taking numerous actions, requires all agencies to wind down their affairs effective immediately, and provides that agencies are deemed to be dissolved as of February 1, 2012. B. 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 former Community Redevelopment Agency ("Agency") of the City of Santa Ana and the Housing Authority of the City of Santa Ana as "Successor Housing Agency". C. The City will perform its functions as the Successor Agency under the Dissolution Act to administer the enforceable obligations of the Agency and otherwise unwind the Agency's affairs, all subject to the review and approval of a seven member Oversight Board. D. Prior to its dissolution and pursuant to Part 1.8, the Agency prepared by March 1, 2012, the Recognized Obligation Payment Schedule ("ROPS") for February 1, 2012 through June 30, 2012, which was received and filed by the Successor Agency on March 19, 2012. The ROPS, as amended, was then approved by the Successor Agency on April 2, 2012. E. Following action by the Successor Agency, the ROPS was presented to the Oversight Board for its approval on April 10, 2012, and the Certified ROPS was then submitted to the State Controller's Office, State Department of Finance, and County Auditor-Controller. 3-3 5/1/12 LES F. The subject ROPS will cover the period of July 1, 2012 through December 31, 2012 (see Exhibit A, attached hereto and incorporated herein by this reference). Following this action by the Successor Agency, the ROPS is required to be presented to the Oversight Board for its approval, then submitted to the State Controller's Office and the State Department of Finance, and County Auditor-Controller. G. Health and Safety Code Section 341770), as modified by the Supreme Court decision, requires the Successor Agency to prepare a proposed administrative budget every six months, along with the ROPS, and submit it to the Oversight Board for approval. H. Pursuant to Section 341770), the Successor Agency's "Administrative Budget" is to include all of the following: (a) estimated amounts of the Successor Agency's administrative costs for the up-coming six month fiscal period; (b) the proposed sources of payment for the costs identified in (a); and (c) proposals for arrangements for administrative and operations services provided by the City serving as Successor Agency. The proposed Administrative Budget (attached hereto and incorporated herein as Exhibit B) shall cover the same time frame as the ROPS (July 1, 2012 through December 31, 2012). 1. Pursuant to the Dissolution Act, most actions of the Oversight Board, including the ROPS approved by this Resolution, do not become effective for three (3) business days pending any request for review by the Department of Finance ("DOF"), and if the DOF requests review hereof, DOF will have 10 days from the date of its request to approve the Oversight Board action or return it to the Oversight Board for reconsideration and the action, if subject to review by DOF, will not be effective until approved by DOF. J. Health and Safety Code Section 34173(e) provides that "the liability of any successor agency, acting pursuant to the powers granted under the act adding this part, shall be limited to the extent of the total sum of property tax revenues it receives pursuant to this part and the value of assets transferred to it as a successor agency for a dissolved redevelopment agency." Thus, the City's obligations as Successor Agency are limited by the amount of property taxes and the value of assets it receives in its role as the Successor Agency. Section 2. The attached Recognized Obligation Payment Schedule (Exhibit A), which is hereby approved by the Successor Agency, establishes those obligations which the Community Redevelopment Agency of the City of Santa Ana has binding commitments that it has entered into and includes legal commitments that it is obligated to perform from July 1, 2012 through December 31, 2012, in order to meet the pre-existing commitments of contracts and obligations that were established prior to the effective date of ABX1 26. Such approval is conditional upon approval of the Oversight Board. Upon approval of the Oversight Board, the Successor Agency shall transmit the ROPS to the DOF, State Controller's Office, and County Auditor-Controller. Section 3. Pursuant to the Dissolution Act, the Successor Agency approves the proposed Administrative Budget, attached hereto as Exhibit B and incorporated by this 2 3-4 5/1/12 LLS reference. Such approval is conditional upon approval of the Oversight Board. Upon approval of the Oversight Board, the Successor Agency shall transmit the Administrative Budget to the County Auditor-Controller. Section 4. The City Manager, or his/her designee ("City Manager"), is directed to file the Recognized Obligation Payment Schedule and the Administrative Budget in the manner required by law. Section 5. The City Manager and/or the Director of Finance, or their respective designees, as delegated officials of the City acting as Successor Agency, are authorized to make any augmentations, modifications, additions, or revisions as may be necessary to the ROPS or Administrative Budget, and as may be amended from time to time, based upon review by the State Department of Finance or the independent auditor selected by the County of Orange. Section 6. This Clerk of the Council shall attest to and certify the vote adopting this Resolution. 3 3-5 5/1/12 LES ADOPTED this day of , 2012. Miguel A. Pulido Mayor APPROVED AS TO FORM: Sonia R. Carvalho, City Attorney By: Lisa E. Storck Assistant City Attorney AYES: Councilmembers: NOES: Councilmembers: ABSTAIN: Councilmembers: NOT PRESENT: Councilmembers: CERTIFICATION OF ATTESTATION AND ORIGINALITY I, Maria D. Huizar, Clerk of the Council, do hereby attest to and certify the attached Resolution No. 2012- to be the original resolution adopted by the City Council acting as the Successor Agency on May , 2012. Date: Maria D. Huizar, Clerk of the Council 4 3-6 a ? E K Z - a _ E M c 0 m ?I Q `o a a ° z a 0 LL $ $ $ $ $ $ $ °o $ °o n $ $ $ $ 6 - m , g g - $ o $ g . $ - $ - N o S - , - - w w w w w w w w w w w w w w w w w w w w w w w w w w w w w w w w w w w w w w w w o w w $ °° $ $ m $ $ .1 1 p S $ $ $ o N g Z m' $ $ $ .1 10 .1 11 .1 1. $ 0* .1 $ C $ 4 n $ $ e c o E a o° q o w $ $ ? $ E a E t 6 16 15 ci C5 - o C CD - - m - ? - o ? - 8 ? o $ ? M 8 $ o e $ o m 'R m - S _ ? - B ° ? ? 8 e $ ° 8 $ o m S, ? ? ? - - e° 8 H rv 8 m S a u O 16 .6 16 U N c ?o a O S v a v c tt . 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(7 m E w U a ¢ a ,., K 3-13 EXHIBIT B CITY OF SANTA ANA, ACTING AS SUCCESSOR AGENCY TO THE FORMER COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA PROPOSED ADMINISTRATIVE BUDGET FOR JULY 1, 2012 -DECEMBER 31, 2012 Successor Agency Estimated Amounts Staff Support (EOPS, ROPS, Admin Budget, Records Management, etc.) 1 $ 236,041 Brown Act requirements (agendas, minutes, etc.) 1 14,200 Supplies, printing, telephones, misc. items 19,210 Consultants (legal, financial, etc.) 117,958 Subtotal T $ 387,408 Oversight Board Staff Support (research, reporting, etc.) 1 $ 56,780 Brown Act requirements (agendas, minutes, etc.) 1 6,555 Supplies, printing, misc. items 4,803 Subtotal Delivery Charges $ $ 68,138 183 Building Rental 6,545 Rental City Equipment 778 Computer Services Charge _ 70 IS Strategic Plan 2,708 Insurance Charges 4,480 Subtotal $ 14,763 Share of City's Cost Allocation Plan Indirect Costs $ 19,082 Subtotal $ 19,082 TOTAL ESTIMATED AMOUNT $ 489,390 The estimated amount of the Administrative Budget for the six month period covering July through December 2012 is to be paid from property tax revenues deposited in the Redevelopment Property Tax Trust Fund. 1 Includes salaries, wages, and all fringe benefits offered by the City to employees. 3-14