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RES-SAORA-008 Obligation Payment Schedule 2013RESOLUTION NO. SAORA -008 A RESOLUTION OF THE SUCCESSOR AGENCY TO THE ORANGE REDEVELOPMENT AGENCY APPROVING A RECOGNIZED OBLIGATION PAYMENT SCHEDULE AND RELATED ADMINISTRATIVE BUDGET FOR THE PERIOD COVERING JULY 1, 2013 THROUGH DECEMBER 31, 2013 PURSUANT TO SECTION 34177(1)(2)(A) OF THE CALIFORNIA COMMUNITY REDEVELOPMENT LAW. WHEREAS, Assembly Bill xl 26 ( "AB 26 ") and AB xl 27 were passed by the State Legislature on June 15, 2011 and signed by the Governor on June 28, 2011; and WHEREAS, among other things, AB 26 amended Sections 33500, 33501, 33607.5 and 33607.7 of the California Health and Safety Code and added Part 1.8 and Part 1.85 of Division 24 to the California Health and Safety Code; and WHEREAS, by enactment of Part 1.85 of Division 24 of the California Health and Safety Code, subject to all reservations herein stated, the Orange Redevelopment Agency the "Agency ") was dissolved as of February 1, 2012; and WHEREAS, Assembly Bill 1484 ( "AB 1484 ") was passed by the State Legislature on June 27, 2012 and signed by the Governor on June 27, 2012 which adds and amends certain provisions contained in AB 26, including the process for adopting Recognized Obligation Payment Schedules; and WHEREAS, California Health and Safety Code Section 34173(a) designates successor agencies as successor entities to former redevelopment agencies; and WHEREAS, on January 10, 2012, by Resolution No. 10625, the City of Orange declared itself as the successor agency (the "Successor Agency ") upon the dissolution of the Agency, subject to all reservations stated in such resolution; and WHEREAS, the ROPS identifies each enforceable obligation on which payments will be required and identifies the minimum payment amounts and due dates of payments required by each such enforceable obligation; and WHEREAS, California Health and Safety Code Section 34177(l) provides that a successor agency must prepare a Recognized Obligation Payment Schedule (ROPS) for every six -month period thereafter; and WHEREAS, California Health and Safety Code Section 341770) provides that a successor agency must prepare an administrative budget concurrently with a ROPS for every six -month period thereafter; and NOW, THEREFORE, the Governing Board of the Successor Agency to the Orange Redevelopment Agency (the "Successor Agency ") hereby resolves, finds and determines, on the basis of the facts set forth in the agenda report presented to it and any testimony received at the meeting at which this matter was considered, as follows: Section 1. The Successor Agency hereby finds and determines that the foregoing recitals are true and correct. Section 2. All legal prerequisites to the adoption of this Resolution have occurred. Section 3. The Successor Agency hereby approves the ROPS 13 -14A attached to this Resolution as Attachment No. 1 and directs the staff to transmit the ROPS 13 -14A to the Oversight Board of the Successor Agency to the Redevelopment Agency for review and consideration. Section 4. The Executive Director of the Successor Agency or his designee is hereby authorized to take such actions as are necessary and appropriate to comply with AB 26 and AB 1484. Section 5. The Clerk of the Successor Agency shall certify to the adoption of this Resolution. Section 6. This Resolution shall take effect immediately upon its adoption. ADOPTED this 26 day of February, 2013. r Teresa E. Smith Chairperson of the Successor Agency ATTEST: Mary E. urp y Clerk of the Successor Agency 4 I hereby certify that the foregoing Resolution was duly and regularly adopted by the Successor Agency at a regular meeting thereof held on the 26 day of February, 2013, by the following vote: AYES: DIRECTORS: Bilodeau, Murphy, Smith, Whitaker, Alvarez NOES: DIRECTORS: None ABSENT: DIRECTORS: None ABSTAIN: DIRECTORS: None Abstentions: Director Bilodeau: Line Item No. 11 (County Sewer User Fees) due to his employment with the County of Orange. Director Whitaker: Line Item No. 7 (SC Fuels) due to SC Fuels as law firm client Line Item No. 18 (Property Maintenance) due to Metrolink as law firm client Line Item Nos. 21 -22 (CAM) due to Metrolink as law firm client Line Item No. 27 -32 (Metrolink Parking Structure consultant contracts and staff costs) due to Metrolink as law firm client Line Item Nos. 51 -52 (Metrolink Parking Structure consultant contracts) due to Metrolink as law firm client Line Item No. 53 (OCTA) due to Metrolink as law firm client Line Item No. 73 (Tierra West) due to Metrolink as law firm client Line Item No. 82 (Reserve from ROPS2) due to Metrolink as law firm client. Director Alvarez: Line Item Nos. 15 -16 (Royer & South Grand Apts) due to property ownership in area Line Item No. 18 (Property Maintenance) due to property ownership in area Line Item Nos. 19-22 (CAM, Nieves, WCA) due to property ownership in area Line Item Nos.27 -32 (Metrolink Parking Structure consultant contracts and staff costs) due to property ownership in area Line Item Nos. 51 -53 (Metrolink Parking and OCTA) due to property ownership in area Line Item No. 73 (Tierra West) due to property ownership in area Line Item Nos. 74 -77 (Property Maintenance contracts) due to property ownership in area Line Item No. 82 (Reserve from ROPS2) due to property ownership in area Line Item Nos. 84 -87 (Property Maintenance) due to property ownership in area a Mary u Clerk of the Successor Agency