HomeMy Public PortalAbout2014.005-LSA - (02-04-14) LSA RESOLUTION NO. 2014.005
A RESOLUTION OF THE CITY COUNCIL AS SUCCESSOR TO THE LYNWOOD
REDEVELOPMENT AGENCY APPROVING THE RECOGNIZED OBLIGATION
PAYMENT SCHEDULE COVERING THE PERIOD OF JULY 1, 2014 TO DECEMBER
31, 2014 (ROPS 14-15A) AND ADOPTING THE ADMINISTRATIVE BUDGET
WHEREAS, AB 1484 requires the Successor Agency to the Lynwood
Redevelopment Agency to submit upon approval from the Oversight Board a ROPS 14-
15A covering the period of July 1, 2014 to December 31, 2014 by March 3, 2014 to the
State Department of Finance, State Controller's Office, County Auditor-Controller, and
• County Chief Administrative Officer ; and
WHEREAS, pursuant to Section 34177(a)(3) of the Health and Safety Code,
only those payments listed on the ROPS may be made by the successor agency from
the funds specified in the ROPS; and
WHEREAS, pursuant to Section 34177 (m)(2) of the Health and Safety Code, if
the Successor Agency fails to submit a ROPS by the deadline the City is subject to a
civil penalty of $10,000 per day for every day the schedule is not submitted and in
addition if the Successor Agency fails to submit a ROPS within 10 days of the deadline
the maximum administrative cost allowance for that period will be reduced by 25%; and
WHEREAS, the pursuant to 34177(j) of the Health and Safety Code, a
successor agency is required to prepare a proposed administrative budget and submit it
to the oversight board for approval.
NOW THEREFORE, THE SUCCESSOR AGENCY TO THE LYNWOOD
REDEVELOPMENT 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 Recognized Obligation Payment Schedule 13-
14B. The Successor Agency hereby approves the ROPS 14-15A covering the period of
July 1, 2014 to December 31, 2014, in substantially the form attached hereto as Exhibit
A and to submit this to the Oversight Board.
Section 3. Authorization to Make Changes. To avoid any civil penalty that may be
imposed, the Successor Agency authorizes the City Manager or his designee to make
changes as necessary to the ROPS 14-15A before it is adopted by the Oversight Board;
and after the ROPS 14-15A is adopted by the Oversight Board to reflect any changes
made by the Oversight Board; and to make any changes to the ROPS 14-15A thereafter
as necessary.
Section 4. Posting; Transmittal to Appropriate Agencies. The City Manager is
authorized and directed to post a copy of the ROPS 14-15A 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 County Auditor-Controller, the State Controller, County Chief
Administrative Officer and the State Department of Finance a copy of the ROPS 14-15A
and to respond to questions and request for documents, and information from the
County and State agencies relating to the ROPS.
Section 5. Approval to adopt the Administrative Budget. The Successor Agency
adopts the Administrative Budget as included in the ROPS 14-15A for the first six
months of FY 2014-15. The City Manager or his designee is authorized to submit the
Administrative Budget to the Oversight Board for approval. The City Manager- or his
designee is authorized to make changes to the Administrative Budget as necessary.
Section 6. That the City Clerk certify to the adoption of this Resolution.
PASSED, APPROVED and ADOPTED this 4th day of February, 2014.
• � J
ide Castro, Chair
ATTEST:
r
Maria Quinonez, Secretary
APPROVED AS TO FORM: APPROVED AS TO CONTENT:
ard
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David A. Garcia, Sarah M. h-rs, City Manager
Agency Counsel
STATE OF CALIFORNIA
) SS.
COUNTY OF LOS ANGELES )
I, the undersigned, City Clerk of the City of Lynwood as Successor Agency to the
Lynwood Redevelopment Agency, do hereby certify that the foregoing Resolution was
passed and adopted by the'City Council of the City of Lynwood at a regular meeting
held on the 4th day of February, 2014.
AYES: COUNCIL MEMBERS ALATORRE, SANTILLAN-BEAS, SOLACHE,
HERNANDEZ AND CASTRO
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE
r-
Maria Quinonez, City Clerk
STATE OF CALIFORNIA
) SS.
COUNTY OF LOS ANGELES )
I, the undersigned, City Clerk of the City of Lynwood as Successor Agency to the
Lynwood Redevelopment Agency, do hereby certify that the above foregoing is a full,
true and correct copy of Resolution No. 2014.005 on file in my office and that said
Resolution was adopted on the date and by the vote therein stated. Dated this 4th day of
February, 2014.
•
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Maria Quinonez, City Jerk 9