HomeMy WebLinkAbout2012-04-10; City Council; Resolution 2012-0811 RESOLUTION NO. 2012-081
2 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD,
CALIFORNIA, ACTING AS THE SUCCESSOR AGENCY FOR THE CARLSBAD
^ REDEVELOPMENT AGENCY AND APPROVING THE RECOGNIZED
OBLIGATION PAYMENT SCHEDULE FOR JANUARY 1, 2012 TO JUNE 30,
2012.
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6 WHEREAS, the City Council of the City of Carisbad activated the Housing and
7 Redevelopment Commission in October 16, 1979 and declared itself to constitute the
8 Commission for the purposes of implementing redevelopment activities within the City of
^ Carlsbad; and
WHEREAS, the City of Carisbad and the Housing and Redevelopment
Commission previously entered Into a cooperative agreement to set forth the
relationships between the City and the Commission which was adopted on February 8,
1980 for the purposes of implementing redevelopment activities within the City of
Carlsbad; and
WHEREAS, pursuant to ABX1 26, State of California legislation adopted in June,
2011, the Carisbad Redevelopment Agency was dissolved effective February 1, 2012
18 and the City became the Successor Agency for the Carisbad Redevelopment Agency;
19 and
20 WHEREAS, the State of California requires the Successor Agency to prepare and
approve a Recognized Obligation Payment Schedule per every six months of a fiscal
year establishing the outstanding debt and obligations of the Agency and to set forth a
repayment schedule through June 30, 2012 as set forth in applicable contracts and
agreements; and
WHEREAS, the Recognized Obligation Payment Schedule must be submitted to
the appointed Oversight Board for review and approval, and to the County of San Diego
and State of California to document the financial obligations of the Successor Agency.
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NOW, THEREFORE, BE IT RESOLVED by the City Council as follows:
1. That the above recitations are true and correct.
2. The Housing and Redevelopment Commission previously approved the
Enforceable Obligations Payment Schedule for the Carisbad Redevelopment
Agency, and approved a six month payment schedule for said Enforceable
Obligations for the period from January 1, 2012 to June 30, 2012.
3. The City Council, acting as the Successor Agency for the Carisbad
Redevelopment Agency, hereby approves the Recognized Obligations
Payment Schedule for the period from January 1, 2012 to June 30, 2012.
4. The City Manager or designee is authorized to submit the Recognized
Obligation Payment Schedule to the County of San Diego and State of
California officials as set forth by State Law by April 15, 2012 as approved and
adopted by the City Council as an interim approval, and to the Oversight
Board at the eariiest date possible for review, approval and certification.
5. The City Manager or designee shall submit the Recognized Obligation
Payment Schedule, revised as necessary and as certified by the Oversight
Board at the eariiest date possible following action by said Board.
V
PASSED, APPROVED AND ADOPTED at a Regular Meeting ofthe City Council
ofthe City of Carisbad on the 10*^ day of April, 2012, by the following vote to wit:
AYES:
NOES:
Council Members Hall, Kulchin, Blackburn, Douglas and Packard.
None.
ABSENT: None.
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LORRAINE M. WOOD, City Clerk
(SEAL)
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