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Resolution Number 12-01-10-01RESOLUTION NO. 12-01-10-01 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN JUAN CAPISTRANO, CALIFORNIA, CONFIRMING ITS INTENT TO SERVE AS THE SUCCESSOR AGENCY OF THE CITY OF SAN JUAN CAPISTRANO COMMUNITY REDEVELOPMENT AGENCY, PURSUANT TO HEALTH AND SAFETY CODE SECTION 341710) AND SECTION 34173. WHEREAS, Assembly Bill 1X 26 (the "Dissolution Act") and Assembly Bill 1X 27 (the "Alternative Redevelopment Program Act") were enacted on June 28, 2011, to significantly modify the Community Redevelopment Law (Health & Safety Code §33000, et seg.); and WHEREAS, on August 11, 2011, the California Supreme Court agreed to review the California Redevelopment Association and League of California Cities' petition challenging the constitutionality of the Redevelopment Restructuring Acts; and WHEREAS, on December 29, 2011, the California Supreme Court ruled that the Dissolution Act is largely constitutional and the Alternative Redevelopment Program Act is unconstitutional; and WHEREAS, the Court's decision means that all California redevelopment agencies will dissolve on February 1, 2012 pursuant to the Dissolution Act; and WHEREAS, the Dissolution Act provides that the city that authorized the creation of the redevelopment agency shall be the "successor agency" to the dissolved redevelopment agency unless the city elects not to serve as the successor agency under Section 34173(d)(1) of the Redevelopment Law; and WHEREAS, the City of San Juan Capistrano (the "City") intends to, and shall serve as, the successor agency for the Redevelopment Agency of the City of San Juan Capistrano (the "Agency") in accordance with Section 341710) and Section 34173 of the Redevelopment Law. NOW, THEREFORE, BE IT RESOLVED, that the City hereby accepts the designation, and hereby confirms its intent, to serve as the successor agency for the Agency in accordance with Section 341710) and Section 34173 of the Redevelopment Law. BE IT FURTHER RESOLVED, that the City Clerk is hereby directed to file a copy of this resolution with the County Auditor -Controller. BE IT FURTHER RESOLVED, that the City Manager, or her designee, is hereby authorized to take such additional actions, and to execute all documents necessary and appropriate, for the City to transfer the assets of the Agency to the City, in its capacity as successor agency to the Agency, pursuant to Sections 34175 and 34176 of the Redevelopment Law. ^i PASSED, APPROVED, AND ADOPTED this�10rh day of January, 2 2. Larry ramer, Mayor ATTEST: ftrIs Morris, CitCISOk STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss. CITY OF SAN JUAN CAPISTRANO ) I, MARIA MORRIS, appointed City Clerk of the City of San Juan Capistrano, do hereby certify that the foregoing Resolution No. 12-01-10-01 was duly adopted by the Cit Council of the City of San Juan Capistrano at a Special meeting thereof, held the 10' day of January 2012, by the following vote: AYES: COUNCIL MEMBERS: Freese, Reeve, Allevato, Taylor and Mayor Kramer NOES: COUNCIL MEMBER: None ABSENT: COUNCIL MEMBER: None