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HomeMy Public PortalAboutA 2012-04-03LSAOPENING CEREMONIES A. Call Meeting to Order B. Roll Call ( CASTRO - RODRIGUEZ - SANTILLAN - BEAS- ALATORRE- MORTON) C. Certification of Agenda Posting by City Clerk PUBLIC ORAL COMMUNICATIONS (Regarding Agenda Items Only) NON - AGENDA PUBLIC ORAL COMMUNICATIONS CONSENT CALENDAR All matters listed under the Consent Calendar will be acted upon by one motion affirming the action recommended on the agenda. There will be no separate discussion on these items prior to voting unless members of the Council as the Successor Agency to the Lynwood Redevelopment Agency or staff request specific items to be removed from the Consent Calendar for separate action. MINUTES OF THE PREVIOUS MEETING: Regular Meeting — March 6, 2012 Regular Meeting — March 20, 2012 APPROVAL OF THE WARRANT REGISTER Comments: City of Lynwood warrant register dated April 3, 2012 for FY 2011 -2012. Recommendation: Staff recommends that the Lynwood City Council as Successor Agency approve the warrant register for April 3, 2012. NEW /OLD BUSINESS 3. ADOPTION OF A FIRST RECOGNIZED OBLIGATION PAYMENT SCHEDULE AND AMENDMENT TO THE ENFORCEABLE OBLIGATION PAYMENT SCHEDULE Comments: Part of the process of winding down redevelopment agencies affairs pursuant to ABx1 26, Health and Safety Code Section 34177(1) is the preparation of a Recognized Obligation Payment Schedule (ROPS) by the Successor Agency. The first ROPS is required to be certified by the Los Angeles County Auditor - Controller and submitted to the State Controller's Office and the State Department of Finance no later than April 15, 2012. At this time staff is requesting that the Successor Agency amend the Enforceable Obligation Payment Schedule (EOPS) to match items on the ROPS. This will assist in the transition from EOPS to the ROPS to ensure that the annual payments and total obligations match on both forms. (FIN) Recommendation: Staff recommends that the Honorable Chair and Members of the Successor Agency adopt the attached resolution entitled: "A RESOLUTION OF THE SUCCESSOR AGENCY TO THE LYNWOOD REDEVELOPMENT AGENCY APPROVING A FIRST RECOGNIZED OBLIGATION PAYMENT SCHEDULE AND AMENDING THE ENFORCEABLE OBLIGATION PAYMENT SCHEDULE." CLOSED SESSION NONE ADJOURNMENT CITY OF LYNWOOD AS SUCCESSOR AGENCY TO THE LYNWOOD REDEVELOPMENT AGENCY MEETINGS WILL BE POSTED AS NEEDED. THE NEXT MEETING WILL BE HELD IN THE COUNCIL CHAMBERS OF CITY HALL, 11330 BULLIS ROAD, CITY OF LYNWOOD, CALIFORNIA. AGENDA STAFF REPORT DATE: April 3, 2012 TO: Honorable Mayor and Members of the City Council as Successor to the Lynwood Redevelopment Board APPROVED BY: Roger L. Haley, City Manage —; PREPARED BY: Maria Quinonez, City Clerk jl/�C)( Kristina Santana, Deputy City Clerk K5 SUBJECT: Minutes of Previous Meetings Recommendation: Staff recommends the City, as the Successor to the Lynwood Redevelopment Agency, approve the following minutes: • Regular Meeting — March 6, 2012 • Regular Meeting — March 20, 2012 Background: N/A Discussion & Analysis: N/A Fiscal Impact: N/A Coordinated With: N/A —dn CITY OF LYNWOOD AS SUCCESSOR AGENCY TO THE LYNWOOD REDEVELOPMENT AGENCY REGULAR MEETING March 6, 2012 The City of Lynwood as Successor Agency to the Lynwood Redevelopment Agency of the City of Lynwood met in a regular meeting in the Council Chambers, 11330 Bullis Road on the above date at 5:26 p.m. Mayor Morton presiding. Council Members Castro, Rodriguez, Santillan -Bess, Alatorre and Morton were present. Also present were City Manager Haley, City Attorney Galante, City Clerk Quinonez and City Treasurer Hernandez. City Clerk Quinonez announced that the Agenda had been posted in accordance with the Brown Act. PUBLIC ORAL COMMUNICATIONS (Regarding Agenda Items Only) NONE PUBLIC ORAL COMMUNICATIONS NONE CONSENT CALENDAR It was moved by Council Member Rodriguez, seconded by Mayor Pro Tem Alatorre, to approve the consent calendar and to receive and file staff reports. AYES: COUNCIL MEMBERS CASTRO, RODRIGUEZ, SANTILLAN -BEAS, ALATORRE AND MORTON NOES: NONE ABSTAIN: NONE ABSENT: NONE Item #1. MINUTES OF THE PREVIOUS MEETING: Regular Meeting — February 7, 2012 Item #2.APPROVAL OF THE WARRANT REGISTER RESOLUTION NO. 2012.003 ENTITLED: RESOLUTION OF THE LYNWOOD CITY COUNCIL AS SUCCESSOR AGENCY TO THE LYNWOOD REDEVELOPMENT AGENCY OF LYNWOOD, CALIFORNIA, ALLOWING AND APPROVING THE DEMANDS AND WARRANTS NEW /OLD BUSINESS Item #3. SUCCESSOR AGENCY APPOINTMENTS City Manager Roger Haley introduced the item regarding the Successor Agency appointments. It was moved by Mayor Morton, seconded by Council Member Rodriguez, to appoint Bruno Naulls as the second appointee. AYES: COUNCIL MEMBERS CASTRO, RODRIGUEZ, SANTILLAN -BEAS, ALATORRE AND MORTON NOES: NONE ABSTAIN: NONE ABSENT: NONE CLOSED SESSION NONE ADJOURNMENT Having no further discussion, it was moved by Council Member Castro, seconded by Council Member Rodriguez and carried to adjourn the regular City of Lynwood as Successor Agency to the Lynwood Redevelopment Agency meeting at 5:32 p.m. Jim Morton, Mayor Maria Quinonez, City Clerk 2 CITY OF LYNWOOD AS SUCCESSOR AGENCY TO THE LYNWOOD REDEVELOPMENT AGENCY REGULAR MEETING March 20, 2012 The City of Lynwood as Successor Agency to the Lynwood Redevelopment Agency of the City of Lynwood met in a regular meeting in the Council Chambers, 11330 Bullis Road on the above date at 6:29 p.m. Mayor Morton presiding. Council Members Castro, Rodriguez, Santillan -Beas, and Morton were present. Council Member Alatorre was absent. Also present were City Manager Haley, City Attorney Galante, City Clerk Quinonez and City Treasurer Hernandez. City Clerk Quinonez announced that the Agenda had been duly posted in accordance with the Brown Act. PUBLIC ORAL COMMUNICATIONS (Regarding Agenda Items Only) NONE PUBLIC ORAL COMMUNICATIONS NONE CONSENT CALENDAR It was moved by Council Member Rodriguez, seconded by Council Member Santillan- Beas, to approve the consent calendar and to receive and file staff reports. AYES: COUNCIL MEMBERS CASTRO, RODRIGUEZ, SANTILLAN -BEAS, AND MORTON NOES: NONE ABSTAIN: NONE ABSENT: COUNCIL MEMBER ALATORRE Item #1. MINUTES OF THE PREVIOUS MEETING: Regular Meeting — February 21, 2012 Item #2. APPROVAL OF THE WARRANT REGISTER RESOLUTION NO. 2012.003 ENTITLED: RESOLUTION OF THE LYNWOOD CITY COUNCIL AS SUCCESSOR AGENCY TO THE LYNWOOD REDEVELOPMENT AGENCY OF LYNWOOD, CALIFORNIA, ALLOWING AND APPROVING THE DEMANDS AND WARRANTS Item #3. APPROVAL OF THE WARRANT REGISTER FOR LYNWOOD HOUSING AUTHORITY RESOLUTION NO. 2012.003 ENTITLED: RESOLUTION OF THE LYNWOOD CITY COUNCIL AS SUCCESSOR AGENCY TO THE LYNWOOD REDEVELOPMENT AGENCY OF LYNWOOD, CALIFORNIA, ALLOWING AND APPROVING THE DEMANDS AND WARRANTS FOR LYNWOOD HOUSING AUTHORITY Item #4. RATIFICATION OF LYNWOOD HOUSING AUTHORITY MARCH 6, 2012 WARRANT REGISTER Approved. NEW/OLD BUSINESS Item #5. AMENDING THE DRAFT INITIAL RECOGNIZED OBLIGATION PAYMENT SCHEDULE AND THE ENFORCEABLE OBLIGATION PAYMENT SCHEDULE AND AUTHORIZING VASQUEZ AND COMPANY TO CONDUCT A CLOSE OUT AUDIT City Manager Roger Haley introduced the item regarding amending the Draft Initial Recognized Obligation Payment Schedule and the Enforceable Obligation Payment Schedule and authorizing Vasquez and Company to conduct a close out audit. It was moved by Council Member Castro, seconded by Council Member Rodriguez, to approve the staff recommendation to adopt the attached resolution. RESOLUTION NO. 2012.004 ENTITLED: A RESOLUTION OF THE SUCCESSOR AGENCY TO THE LYNWOOD REDEVELOPMENT AGENCY AMENDING THE DRAFT RECOGNIZED OBLIGATION PAYMENT SCHEDULE AND THE ENFORCEABLE OBLIGATION PAYMENT SCHEDULE AND AUTHORIZING VASQUEZ AND COMPANY TO CONDUCT A CLOSE OUT AUDIT OF THE FORMER LYNWOOD REDEVELOPMENT AGENCY AYES: COUNCIL MEMBERS CASTRO, RODRIGUEZ, SANTILLAN -BEAS, AND MORTON NOES: NONE ABSTAIN: NONE ABSENT: COUNCIL MEMBER ALATORRE CLOSED SESSION Item #6. CLOSED SESSION ITEMS A. With respect to every item of business to be discussed in closed session pursuant to Section 54956.8: CONFERENCE WITH REAL PROPERTY NEGOTIATORS Property: APN 6173- 002 -906 Negotiator: Roger L. Haley, City Manager; Fred Galante, City Attorney Negotiating Parties: M &A Gabaee and City of Lynwood as Successor to LRA Under Negotiation: Price and terms Council Member Santillan -Beas abstained and left the closed session room. The City Council and Lynwood Successor Agency to the Lynwood Redevelopment Agency provided direction and no reportable action was taken. ADJOURNMENT Having no further discussion, it was moved by Council Member Rodriguez, seconded by Mayor Morton and carried to adjourn the regular City of Lynwood as Successor Agency to the Lynwood Redevelopment Agency meeting at 8:09 p.m. Jim Morton, Mayor Maria Quinonez, City Clerk 3 A GEN DA REP DATE: April 3, 2012 TO: Honorable Mayor and Members of the City Council as Successor Agency of Lynwood Redevelopment Agency APPROVED BY: Roger L. Haley, City Manager /Executive Direct <; PREPARED BY: Robert S. Torrez, Assistant City Manager Amanda Roberson, Controller /Audit Manager('/' Monica Ochoa, Accounting Technician�P. SUBJECT: Approval of the Warrant Register Recommendation: Staff respectfully recommends that the Lynwood City Council as Successor Agency approve the warrant register for April 3, 2012. Attached Warrant Register dated April 3, 2012-------------- - - - - -- ITEM 42 d O) A a a U C d O) a a E CL O N > (D V � J CD O O O >+ p C O J 0 Q tm C N a 0 O N N m O O 7 C N W W r r M M W O N O M Of O O m O r Q N M 01 > O O O O o 0 0 0 0o Q Q O O O O 0 t0 O O O r O O (n N N V 99 O� Q Q r 99 000 . 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O W d N � J y O O U 3 7 c O J tm u C N Q L O N H d U U 7 N C O O O Q N N V N > O O V U m m m N O m m M OO > O O O O O O (p (p N O O O (O IR O O (O IG N U (p t0 IO T C a p O w c L N L L U M > U > U > M N to OI c N N N N m N h h Q V V N M M V V r V V O O O O 0 0 0 0 v 0 0 o 1- H L > m m m O ~ c U (/) U U rn rn > rn m U rn > M > rn LU O m N N N N N LU N ( > M M u a m r p r 0 > (O (O Z Z (O (O 0 U' t0 Z Z O Z z O E > E (o (o a (o Z r a r a r O Z N 0 O N O N J N N N U U N U N N n N n N Z (V V Z V N Z M Z M Z IA 0 o b b g s s U o g o g o 7 0 M 0 � m m F (n F W J Y a rn N O ° o N O N C) O ro m m N V rn ro N N N W U m W U Z fn w W N } Q U) M M ° o O N M V r r U N ? "V N w W N Y Q w m o CO N v Y N M C 4D M a o 0 N N L N N U N1 m O V O eD m r r m � Q (D ? M O > V) M V U 01 K N O N O d U L N U M C ' o m > O } ro m m N V rn ro N N N W U m W U Z fn w W N } Q U) M M ° o O N M V r r U N ? "V N w W N Y Q w m o CO N v Y N M C 4D M a o 0 N N L N N U N1 m O V O eD m r r m � r 0 (D ? i0 in .�- •�- � N � •�- O K W N } O O O O O O O 99 O O O O O U U N C a o C a p O w ro m m N V rn ro N N N W U m W U Z fn w W N } Q U) M M ° o O N M V r r U N ? "V N w W N Y Q w m o CO N v Y N M C 4D M a o 0 N N L N N U N1 m O V O eD m r r m � (D ? N � N � K W N } . Q o U a r o (n o 0 U U 6 C a o C a p O w c L N L L U M > U > U > N r O AGENDA STAFF REPORT DATE: April 3, 2012 TO: Honorable Chair and Members of the Successor Agency APPROVED BY: Roger L. Haley, Executive Directo6�� PREPARED BY: Robert S. Torrez, Assistant City Manager VC Lorry Hempe, Budget and Intergovernmental Affairs Manager SUBJECT: Adoption of a First Recognized Obligation Payment Schedule and Amendment to the Enforceable Obligation Payment Schedule Recommendation: Staff recommends that the Honorable Chair and Members of the Successor Agency adopt the attached resolution entitled: "A RESOLUTION OF THE SUCCESSOR AGENCY TO THE LYNWOOD REDEVELOPMENT AGENCY APPROVING A FIRST RECOGNIZED OBLIGATION PAYMENT SCHEDULE AND AMENDING THE ENFORCEABLE OBLIGATION PAYMENT SCHEDULE." Background: On June 28, 2011, the Governor signed two budget trailer bills into law, ABx1 26 and ABx1 27, which became effective June 29, 2011. ABx1 26 eliminates redevelopment agencies in California and provides direction and guidelines for the dissolution of all redevelopment activities and functions. On December 29, 2011, the California Supreme Court issued its opinion in the case California Redevelopment Association, et al. v. Ana Matosantos, etc., et al., Case No. S196861, and upheld the validity of ABx1 26 and invalidated ABx1 27. As a result of the delay in the effective date of ABx1 26 caused by the Matosantos case, most deadlines in ABx1 26 have been extended by the Supreme Court by four months. Part of the process of winding down redevelopment agencies' affairs pursuant to ABx1 26, Health and Safety Code Section 34177(1) is the preparation of a Recognized Obligation Payment Schedule (ROPS) by the Successor Agency. The first ROPS is required to be certified by the Los Angeles County Auditor - Controller and submitted to the State Controller's Office and the State Department of Finance no later than April ft55 2012. ITEM 3 r. Discussion & Analysis: On February 1, 2012, every redevelopment agency in California was dissolved and its assets and functions transferred to a successor agency and a successor to the redevelopment agency's housing functions. Lynwood City Council elected to assume the role of the Successor Agency to the former Lynwood Redevelopment Agency (LRA). A successor agency's main role is to continue to satisfy enforceable obligations of former redevelopment agencies and administer the dissolution and wind down of each dissolved redevelopment agency (RDA). A successor agency is required to make payments and perform other obligations due for "enforceable obligations" of the former redevelopment agency. ABx1 26 contains a specific definition of payments considered as "enforceable obligations." These items are listed below: 1. Bonds; 2. Loans borrowed by the former RDA including amounts borrowed in past years from the Housing Fund; 3. Payments required by federal or state government or for employee pension obligations; 4. Judgments or settlements; and 5. Legally binding enforceable agreements or contracts that are not otherwise void as violating debt limit or public policy. To facilitate the payment of "enforceable obligations' a Successor Agency is required to prepare a ROPS. A ROPS is a document which sets forth the minimum payment amounts and due dates of payments required by enforceable obligations for each six - month fiscal period. On February 21, 2012, the Successor Agency adopted a draft ROPS. This draft ROPS was required to be prepared by the Successor Agency prior to March 1. 2012. First ROPS The ROPS that is before the Successor Agency for adoption will be the first ROPS that the Successor Agency will adopt and will replace the Enforceable Obligation Payment Schedule (EOPS) that the former LRA adopted and that the Successor Agency subsequently amended. This first ROPS will cover the period of January 1, 2012 to June 30, 2012. Commencing May 1, 2102, only those payments listed in the ROPS may be made by a successor agency from funds specified in the ROPS. By June 15, 2012, staff will bring forth a second ROPS that will cover the period of July 1, 2012 to December 30. 2012. 2 Subsequent ROPS A successor agency would need to prepare a new ROPS for each six month period thereafter for approval by the oversight board. The deadline to prepare and submit an ROPS in subsequent years will be December 15 and June 15 th . Certification and Approval Process of a ROPS The ROPS is subject to certification by the County Auditor - Controller and approval by the Oversight Board. Under the State Supreme Court's decision, the Oversight Board membership must be completed and reported to the State Department of Finance by May 1, 2012. A copy of an approved ROPS has to be submitted to the County Auditor - Controller, State Controller's Office and State Department of Finance by April 15, 2012. Actions of the Oversight Board are subject to review by the State Department of Finance. The County- Auditor is charged with conducting an agreed upon procedure audit on all former agencies and certify the initial ROPS by July 1, 2012 (formerly March 1, 2012). ABx1 26 Procedural Issues On February 21, 2012, the Successor Agency adopted a draft ROPS pursuant to ABx1 26. Adopting a draft ROPS was a required action to have a valid ROPS. The draft ROPS is subject to review and certification by an external auditor selected by the County Auditor - Controller and approved by the Oversight Board. Unfortunately the dates included in ABx1 26 are in conflict. The County Auditor - Controller is not required to complete the agreed upon procedures audit until July 1, 2012 and the Oversight Board is not required to be formed until May 1, 2012. This leaves the Successor Agency with a problem because it is required to have a certified ROPS and an ROPS approved and submitted by the Oversight Board to the County Auditor - Controller, State Department of Finance and State Controller by April 15, 2012. At the time that this agenda item is being drafted, the County, Board of Education and Chancellor of Community Colleges have not made their appointments to the Oversight Board. Even the State Department of Finance in its March 2, 2012 letter to successor agencies noted that the County Auditor - Controller may not have their agreed upon procedure audit completed prior to April 15 and encourages successor agencies to finalize the formation of the oversight board. Staff recommends that the Successor Agency proceed to prepare and adopt the first ROPS and submit the first ROPS to the County Auditor Controller for certification and submit the same to the State Department of Finance and State Controller's Office and notify these agencies that the Successor Agency will send notice of the further actions by the yet to be formed Oversight Board and certification by the County Auditor - Controller. 3 Remittance of Payments by County Auditor - Controller & Cash Flow Issues The County Auditor - Controller is charged with the responsibility of conducting an audit of each former RDA's assets and liabilities, including pass- through payment obligations and the amount and terms of any RDA indebtedness. The County Auditor - Controller will deposit revenues in the "Redevelopment Property Tax Trust Fund ". The County Auditor - Controller will remit moneys from the trust fund to the successor agency in the following hierarchy of order: • To pay pass- through payments to affected taxing entities; • To pay enforceable obligations of the former RDA, including bonds; • To pay for administrative costs under the administrative budget approved by the Oversight Board; and • Any remaining balance in the Trust Fund, to remit to school entities and other local taxing entities as property taxes. Prior to ABx1 26, the former LRA received tax increment revenues in December, January, April, May and June. December and April are the months that the former LRA received its bulk of tax increment revenues. The passage of ABx1 26, limits the remittance of property tax revenues to twice per fiscal year, January 16 and June 1 st . The Supreme Court decision upholding ABx1 26 shifted deadlines forward by four months. The remittance that was expected on May 16, 2012 (formerly January 16, 2012), will not be forthcoming according to the County Auditor - Controller. It is the County Auditor - Controller's position that the tax increment received by former RDAs up until January 2012 represents this May 16 payment. Amending the EOPS At this time staff is requesting that the Successor Agency amend the Enforceable Obligation Payment Schedule (EOPS) to match items on the ROPS. This will assist in the transition from EOPS to the ROPS to ensure that the annual payments and total obligations match on both forms. Fiscal Impact: Commencing May 1, 2012, a successor agency may pay those payments listed in the approved ROPS. It is critical for the successor agency to prepare and adopt a ROPS in order to receive property tax revenues equal to the amount specified in the ROPS. The proposed First ROPS is subject to approval by the Oversight Board and certification by the County Auditor - Controller. There is no assurance that the County Auditor - Controller will approve and certify all items listed on the Lynwood's ROPS. Coordinated With: 11 City Attorney Community Development Attachments: Exhibit A — First ROPS Due April 15, 2012 Exhibit B- Amendment to EOPS SUCCESSOR AGENCY RESOLUTION NO. A RESOLUTION OF THE SUCCESSOR AGENCY TO THE LYNWOOD REDEVELOPMENT AGENCY APPROVING A FIRST RECOGNIZED OBLIGATION PAYMENT SCHEDULE AND AMENDING THE ENFORCEABLE OBLIGATION PAYMENT SCHEDULE WHEREAS, on December 29, 2011, the California Supreme Court issued its decision in the case California Redevelopment Association, et al. v. Ana Matosantos, etc., et al., Case No. S196861, and upheld the validity of Assembly Bill 26 ( "ABx1 26 ") and invalidated Assembly Bill 27; and WHEREAS, the State Supreme Court decided to push back the deadlines in ABx1 26 arising prior to May 1, 2012 by four months; and WHEREAS, the Court's decision means that all redevelopment agencies will be dissolved and their successor agencies will begin to function on February 1, 2012; and WHEREAS, ABx1 26 imposes various requirements on the successor agencies and subject successor agency actions to the review of oversight boards which ABx1 26 establishes; and WHEREAS, Health and Safety Code Section 34177(1) requires successor agencies to prepare a Recognized Obligation Payment Schedule (ROPS) before each six -month fiscal year period; WHEREAS, a ROPS is not deemed valid unless a draft ROPS is prepared by the successor agency by March 1, 2012 and reviewed and certified by an external auditor appointed; and WHEREAS, the City Council of the City of Lynwood elected to serve as the Successor Agency to the former Lynwood Redevelopment Agency (Successor Agency); and WHEREAS, the Successor Agency on February 21, 2012 adopted a draft ROPS and staff submitted the document to the State Controller, State Department of Finance and Los Angeles County Auditor - Controller (County Auditor - Controller); and WHEREAS, the County Auditor - Controller is still in the process of hiring external auditors, therefore, the March 1, 2012 deadline has come and gone without the certification of the draft ROPS; and WHEREAS, Health and Safety Code Section 34177(1) requires successor agencies to prepare and submit the first ROPS which covers the period of January 1, 2012 to June 1 30, 2012 to the Oversight Board for its approval and to forward the document to the State Controller and State Department of Finance by April 15, 2012; and WHEREAS, the March 2, 2012 letter from the State Department of Finance acknowledges that County Auditor - Controllers many not have its agreed upon procedures audit completed prior to April 15 , and therefore, advises successor agencies to submit their ROPS to the State Department of Finance; and WHEREAS, the first ROPS is subject to approval by the Oversight Board, which at this time lacks the necessary appointments to reach a quorum since the County, Board of Education and Chancellor of Community Colleges have yet to make the appointments at the time that this agenda report is being drafted; and WHEREAS, to act with prudence, staff recommends because of circumstances beyond the Successor Agency's control, that the Successor Agency prepare and adopt the first ROPS and forward the document to the state entities and County Auditor - Controller. NOW, THEREFORE, THE SUCCESSOR AGENCY DOES HEREBY RESOLVE AS FOLLOWS: Section 1 . Recitals The Recitals set forth above are true and correct and incorporated herein by reference. Section 2 Approval to adopt the First Recognized Obligation Payment Schedule The Agency hereby approves the first Recognized Obligation Payment Schedule, in substantially the form attached hereto as Exhibit A and to submit this to the Oversight Board. Section 3 Approval to amend the Enforceable Obligation Payment Schedule The Agency hereby approves the Enforceable Obligation Payment Schedule, in substantially the form attached hereto as Exhibit B and to submit this to the Oversight Board. Section 4. Posting; Transmittal to Appropriate Agencies The City Manager is authorized and directed to post a copy of the first Recognized Obligation Payment Schedule on the City's website. The City Manager or his designee is further authorized and directed to transmit, by mail or electronic means, to the Los Angeles County Auditor - Controller, the State Controller and the Department of Finance a copy of the first ROPS and to respond to questions and request for documents, and information from the County and State agencies relating to ABx1 26 compliance. Section 5 . That the Secretary certify to the adoption of this Resolution. PASSED, APPROVED and ADOPTED this 3rd day of April, 2012. Jim Morton Chair ATTEST: Maria Quinonez Secretary APPROVED AS TO FORM: Fred Galante Agency Counsel Roger L. Haley Executive Director /City Manager APPROVED AS TO CONTENT: Robert S. Torrez Assistant City Manager STATE OF CALIFORNIA COUNTY OF LOS ANGELES I, the undersigned, Secretary of the Successor Agency, do hereby certify that the above and foregoing Resolution was duly adopted by the Successor Agency Board to the Lynwood Redevelopment Agency at a meeting held in the City Hall of said City on the 3` day of April, 2012, and passed by the following vote: AYES: NOES: ABSTAIN: ABSENT: Maria Quinonez, Agency Secretary |0 �\ \\j\ \ I / \ \ \ \ \ `; |[I -- - - - \ \ \ \ \\ \ 0. § \\ \\ \ \ \ \ / \ /// \ \\ /\ \ / \\ \\ \ \ \ \ \ \ } |0 �\ \\j\ \ I F H m A m m A O O 0 a Om "m D O Z C <O r y N Q O Z N 9 C < Z3 Mm o Z �n N m m 0 m D j pN [= r= D D > s > > D () 3 3 3 3 3 3 3 d a > 8 0 z a a m om 3 3 3 N N b s R a 35'o o �' �e ov3m3c23 3 ma m� 3 - m ° . 3 cN n.0 dV 2 N i.0y = a. a�aga N 3 ;" as sm s a 9 a 'a D9 6d D9 Sd D9 a D 3m 3 D9 a 3� Dp �a D9 d D9 6d DV 6d n n n a n n n a a a n n a $ O4 'v6 m O TE �o t 0 tic S5 y ' m3 w m ° 'no-�00 n32� TPi n3 `ym 51 mm _DD mA a� ~a =np 32� mac 3 A 2 m3 9 m2d ° 9,,3 n3 ° mAws m3 m m3 T° � 'a a3 qq 3 , ma? =6 dpca ma3:a wdpcm aa�c dprj -C; 6A1 m2 m2 m 2 c m23 m 2` Jm¢pcm Jw n��i D O z 0 R a _ F H m A m m A O O 0 a Om "m D O Z C <O r y N Q O Z N 9 C < Z3 Mm o Z �n N m m 0 m ;/ » !` /; /E!; /| }/ }2< _ -- > - SL ., -; - -; ,, \\/ \/� \ }� \(� m . ! 7 . ! . , - |_ {\ - E OR ) ) i \ ; ;! �mzlx _ (! ;; §! }; ;!( |i; ' ®! / / ;} ., [if`!}!�! ! ;| ;! | §i#� \ :!e`! §0 N ti Mm mm 60 O 0z Om m > � 0 C O m < 0 r y 0 Z L ° D 2m mm y .0 N m 0 m 3 a 3 a 3 9 a a 0 m �N g- S < Sda a Pi i s 9. 5 a N (1 3 A 41 o- yo ga mn r sg' is _ 22 F 6 a - 3 2 D sa 3m n9 a 3`m D9 ad 3 n u 6a a �m D9 a 3'A a D9 a g� D9 6a �� 9 a _ DL a 3m 9 ds ds do nn ds s nn a do d n a a n s n O -1 ao o� a, 10 oo-smm To-smm nn3 ro-sym no r s� n r Sum o ro-ava a To-�om ' r �fm m s r mA n2` "a " " =_as 2 �° A'a 3 d aim° 2` q' 2` Via_= "s m ° a_ ° '�ca 3s6�_ F �A�a � 10 AC3 rOm Aim RA�3 AA�3 �AA�3 �AC� a A'L T3 3 §u�,a 6mmCa swag "a �m`a mmmya gmm a° emga° mmrC a 3 n 8 � 0 v =s N ti Mm mm 60 O 0z Om m > � 0 C O m < 0 r y 0 Z L ° D 2m mm y .0 N m 0 m / 2 2 - \ - \ \ ol ( § \ \ < ) IS |( L2 § ! ; �( }2 } \( ;(| _ ( |; ;( / |§\ I( § \\ r §{ }! \(i/ \ }i� � }k/ ! | .,l� i\ .,__ „ ` }* ) _- •,_- • : :! ||! /! |{ }[ )O ZO - \\ _ - - )O ZO M) Is / / ` \ \ - - - § � w a ~ u - � / \ \ \ \ R! ©` \ | R!R| \ )§ G �2 4!: !,, !.! _ _! !! | 2 ; l! !_ \\ M) m H m m mm AO O OZ Om D Z O C m K O r y 0 Z N 9 z m M m o H o n N m m 0 m D D A N N D D D D ➢ ➢ < _ ➢ D —➢ 3 O � m � II £_ — oA v nn n° > Aa Y Q V� A. ° aid a2 �8� 8 _ 3 4 k d a o - � s D9 D9 D9 9 DV D 9 9 d s da ya m m a d n d a m s °n d n y d y do d n a� v n n D d °r o O m $ u? 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