HomeMy Public PortalAbout2020.001 - (01-07-20) SUCCESSOR AGENCY RESOLUTION NO. 2020.001
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD,
COUNTY OF LOS ANGELES, STATE OF CALIFORNIA, AS
SUCCESSOR TO THE LYNWOOD REDEVELOPMENT AGENCY
APPROVING THE RECOGNIZED OBLIGATION PAYMENT SCHEDULE
COVERING THE PERIOD OF JULY 1, 2020 TO JUNE 30, 2021 AND
ADOPTING THE ADMINISTRATIVE BUDGET
WHEREAS, pursuant to Section 34177(o)(1) of the Health and Safety Code,
commencing with the Recognized Obligation Payment Schedule (ROPS) covering the
period from July 1, 2016, to June 30, 2017, inclusive, and for each period from July 1 to
June 30, inclusive, thereafter, a Successor Agency shall submit an Oversight Board-
approved ROPS to the Department of Finance and to the County Auditor-Controller no
later than February 1, 2016, and each February 1 thereafter; 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)(1)(B) of the Health and Safety Code,
if the Successor Agency fails to submit a ROPS by the deadline, then 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 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 ROPS 20-21. The Lynwood Successor Agency
hereby authorizes staff to prepare the ROPS 20-21 covering the period of July 1, 2020 to
June 30, 2021, approves the ROPS 20-21 in the form attached hereto as Exhibit A, and
to submit the completed ROPS 20-21 to the Oversight Board.
Section 3. Authorization to Make Changes. To avoid any civil penalty that may be
imposed, the Lynwood Successor Agency authorizes the Executive Director or his
designee to make changes as necessary to the ROPS 20-21 before it is adopted by the
Oversight Board; and, after the ROPS 20-21 is adopted by the Oversight Board, to reflect
any changes made by the Oversight Board and to make any changes to the ROPS 20-
21 thereafter, as necessary.
Section 4. Posting; Transmittal to Appropriate Agencies. The Executive Director or his
designee is authorized and directed to post a copy of the ROPS 20-21 on the City's
website. The Executive Director or his designee is further authorized and directed to
transmit, by mail or electronic means, to the County Auditor-Controller, County Chief
Administrative Officer, the State Controller, and the State Department of Finance a copy
of the ROPS 20-21; 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 Lynwood Successor
Agency adopts the Administrative Budget as included in the ROPS 20-21. The Executive
Director or his designee is authorized to submit the Administrative Budget to the Oversight
Board for approval. The Executive Director or his designee is authorized to make
changes to the Administrative Budget as necessary.
Section 6. This resolution shall be effective immediately upon its adoption.
Section 7. The Secretary shall certify to the adoption of this resolution and hereafter the
same shall be in full force and effect.
PASSED, APPROVED AND ADOPTED at a regular meeting of the Successor
Agency of the City of Lynwood, this 7th day of January 2020.
Zt '
Aide Castro, Chair
ATTEST:
/ / / /
Maria Quinonez,
dir
Secretary
APPROVED AS TO FORM: APPROVED AT TO CONTENT:
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Noel Tapia, U Jose 0 eteotl,
Authority Counsel Executive Director
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STATE OF CALIFORNIA )
) §
COUNTY OF LOS ANGELES )
I, the undersigned, City Clerk of the City of Lynwood, the undersigned, as
Secretary 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 7t" day of January,
2020 and passed by the following vote:
AYES: COUNCIL MEMBERS ALATORRE, SANTANA, SOLACHE, MAYOR PRO
TEM CASANOVA, AND MAYOR CASTRO
NOES: NONE
ABSTAIN: NONE
ABSENT: NONE
/ / �� 0.0
Maria Quinonez, / 7
City Clerk
STATE OF CALIFORNIA )
) §
COUNTY OF LOS ANGELES )
I, the undersigned City Clerk of the City of Lynwood, as Secretary of the City of
Lynwood as Successor Agency to the Lynwood Redevelopment Agency, true and correct
copy of Resolution No. 2020.001 on file in my office and that said resolution was adopted
on the date and by the vote therein stated. Dated this 7th day of December, 2020.
111• /. L. /. . /A._L _
aria Quinonez, /
City Clerk
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