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HomeMy Public PortalAbout2014.023-LSA - (09-16-14)RESOLUTION NO. 2014.023 A RESOLUTION OF THE CITY COUNCIL AS SUCCESSOR TO THE LYNWOOD REDEVELOPMENT AGENCY APPROVING THE RECOGNIZED OBLIGATION PAYMENT SCHEDULE COVERING THE PERIOD OF JANUARY 1, 2015 TO JUNE 30, 2015 (ROPS 14 -15B) 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- 15B covering the period of January 1, 2015 to June 30, 2015 by October 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 341770) 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 CITY COUNCIL OF THE CITY OF LYNWOOD AS 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 14 -15B. The Successor Agency hereby approves the ROPS 14 -15.13 covering the period of January 1, 2015 to June 30, 2015, 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 -15B before it is adopted by the Oversight Board; and after the ROPS 14 -15B is adopted by the Oversight Board to reflect any changes made by the Oversight Board; and to make any changes to the ROPS 13 -14B 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 -15B 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 -15B and to respond to questions and request for documents, and information from the County and State agencies relating to the ROPS. Section 5. Adoption of the Administrative Budget. The Successor Agency adopts the Administrative Budget for the period of January 1, 2015 to June 30, 2015. 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 16th day of September, 2014. i l Aide Castro, Mayor ATTEST: aria Quinonez, City Clerk APPROVED AS TO FORM: APPROVED AS TO CONTENT: ,,,,J x A, 94W David A. Garcia, City Attorney J. Arnoldo Beltran, City Manager 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 16th day of September, 2014. AYES: COUNCIL MEMBERS ALATORRE, SANTILLAWBEAS, SOLACHE HERNANDEZ AND CASTRO NOES: NONE ABSENT: NONE ABSTAIN: NONE 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. 2014.023 on file in my office and that said Resolution was adopted on the date and by the vote therein stated. Dated this 16th day of September, 2014. aria Quinonez, City Clerk