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Resolution No. 2021-R02
RESOLUTION NO.2021-R02 A RESOLUTION OF THE SUCCESSOR AGENCY OF THE FORMER REDEVELOPMENT AGENCY OF THE CITY OF AZUSA APPROVING AND ADOPTING THE RECOGNIZED OBLIGATION PAYMENT SCHEDULE FOR THE PERIOD OF JULY 1, 2021 THROUGH JUNE 30, 2022 PURSUANT TO AB x1 26 AS AMENDED BY AB 1484 WHEREAS, Health and Safety Code Section 34169(h), enacted by AB xl 26, requires successor agencies to prepare a Recognized Obligation Payment Schedule ("ROPS") annually. WHEREAS, because the Successor Agency of the former Redevelopment Agency of the City of Azusa ("Board") previously adopted a ROPS, Resolution No. 2020-R02, dated January 21, 2020, is operative only through June 30, 2021, so that the Successor Agency of the former Redevelopment ("Agency") may continue to meet the Agency's recognized obligations, and NOW, THEREFORE, BE IT RESOLVED, determined and ordered by the Oversight Board as follows: SECTION 3. The Recitals set forth above are true and correct and incorporated herein by reference. SECTION 2. The Agency staff is hereby authorized to administratively amend the ROPS in order to remove line items which are subsequently disapproved by the Board, the California State Department of Finance ("DOF") and the County of Los Angeles Auditor- Controller and to format the ROPS to conform with DOF requirements and to take all necessary and appropriate actions to prepare and submit the ROPS, provided, however, that neither such authorization nor such removal shall be deemed to be, nor are they intended as, an acknowledgement of the validity of AB xl 26 and AB 1484 or such action by the Board and/or the DOF. The Agency reserves all rights of the Agency to challenge the validity and/or application of any or all provisions of AB xl 26 and AB 1484 in any administrative or judicial proceeding, without prejudice to the Agency's right to list any such removed item on this or a future ROPS. The Agency reserves the right to pursue any and all appeals and any available legal or equitable remedy provided or available by law to obtain the correction of any erroneous decision regarding the ROPS. SECTIEON 3. The Agency staff is authorized to include on the ROPS any items which were approved on previous ROPS but not fully expended. SECTION 4. The Board hereby approves and adopts ROPS 21-22, in substantially the form attached to this Resolution as Exhibit A, so that the Agency may continue to meet its recognized obligations, all as required by Health and Safety Code section 34177, during the time period from July 1, 2021 through June 30, 2022. The Agency reserves the right to further amend the ROPS in the future in order to provide an accurate schedule. SECTION 5. The Board hereby directs that copies of this Resolution be submitted to the California State Department of Finance, the California State Controller's Office and the Los Angeles County Auditor -Controller and to be posted on the Agency's website. SECTION 6. Pursuant to Health and Safety Code Section 34179(h), all actions taken by the Oversight Board, may be reviewed by the California Department of Finance, and therefore, this Resolution shall not be effective for five (5) business days, pending a request for review by the California Department of Finance. PASSED, APPROVED and ADOPTED this 19th day of January, 2021. Bert G6nza es Chairman ATTEST: ';ecretar a e Cornejo, yCity Clerk STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) ss. CITY OF AZUSA ) I HEREBY CERTIFY that the foregoing Resolution No. 2020-R02 was duly adopted by the Successor Agency of the former Redevelopment Agency of the City of Azusa, at a regular meeting thereof, held on the 19th day of January, 2021. AYES: AGENCY MEMBERS: AVILA, MACIAS, ALVAREZ, MENDEZ NOES: AGENCY MEMBERS: NONE ABSENT: AGENCY MEMBERS: GONZALES ff I� once Cornej r. Secretar APPROVED AS TO FORM: Best jest & Kriege City Attorney EXHIBIT A RECOGNIZED OBLIGATION PAYMENT SCHEDULE 21-22 July 1, 2021 through June 30, 2022 Recognized Obligation Payment Schedule (ROPS 21-22) - Summary Filed for the July 1, 2021 through June 30, 2022 Period Successor Agency: Azusa County: Los Angeles Current Period Requested Funding for Enforceable Obligations (ROPS Detail) A Enforceable Obligations Funded as Follows (B+C+D) B Bond Proceeds C Reserve Balance D Other Funds E Redevelopment Property Tax Trust Fund (RPTTF) (F+G) F RPTTF G Administrative RPTTF H Current Period Enforceable Obligations (A+E) Certification of Oversight Board Chairman: Pursuant to Section 34177 (o) of the Health and Safety code, I hereby certify that the above is a true and accurate Recognized Obligation Payment Schedule for the above named successor agency. 21-22A Total (July - December) 21-22B Total (January - June) ROPS 21-22 Total $ 3,127,263 $ 817,932 $ 3,945,195 3,002,263 125,000 692,932 125,000 3,695,195 250,000 $ 3,127,263 $ 817,932 $ 3,945,195 Name Title /s/ Signature Date m _ t•NY FA V, �, 69 EA 0 3 N m N O O r N � N EA C > ALL a C 3 LL M � C N W U K 0 w m � F NO (n L C N '13 Q ll N C 7 LL N U Z N a m c a �m � C pN O U m O d to () N w O N N ~ N41 A 69 C LL O O O O O O Efl Ln 0 V 0 o LL O N N O O ¢ O N > Z N N C L_ C > Q LL N LL m U EA i a � c � J U1 CO U m O d ,S fn tV I1 IN m uj Ffl FA p o O W N FA 2' cli M N N Z Z Z } Z Z Z Z Z Z Z Z Z C O o p ' m 06 o 1] O O Vi W W W W W Lu y m eD 06 od cd .6m LL¢ U co U CIO U co U W co U m U co U W m (D m aci m aci m aci m aci U OfQ LL'U LL'U Q'U 0_'U a LL LL p cD N 01 N UI a'Iv N LL U[n E c $> N Q J O m m� o c .� �U N N C7 a E m 0 E� o a�i o > `m ¢ a m �° o 0 E o E p m Y c— Q . 1 Q Q a C o c o O o rn ,C N o N .0 '' i m 3 ¢ J U C o c p 0 U U > !]Iyy ¢ E w N T 3 J U E N > L a N �. .O L o> a 0 a �. 5 m } m o o O »— n 0 0, � m E m > > ¢LL U¢ UZm (K� LLa Jx vl¢q Nz —U� ¢�_ a- IL a 0- LL O N m m N pI N p) N O N �_` yO m pI N p1 m O Vmi Z` IOIC� m pI >m O vmi �_' IOIC.� m rn >>m N 01 >>N O y �' 17� 0 :' LL >>N J m >>m J m J co U Q >>m J N> J cm U¢ J m> U¢ J m J m U Q U W C C N O E m o m F m m O N M O N N O N O O O N Cl) O N O O N O O N O O N O O N O O N O M O N O O O N O O O N O E o I� N O M O M M Q M M M M M M N ¢ F (O O O f0 O e0 O (D O ( O 10 O ( O (D O co O (D O (O o (D O O C C N O E Q1 U i0 N O O N p C) 20 N O OO O N M W Q p) O` W N Na) O` W (O m r Of .0O) LO O 0)O 0) ¢ O N O O N O O O O N O N O ~ T E C O T O C LL (D T O C U C 3 C m m m ` 0 C 0 O m m O U m m 0 O m W LL 0 0 C 0 m OI d N -6 C R N C (M N C L E E N o a Q C a Ul C C LL N C 0 a Q C O_ m O a - O m :EJ m m c._ �m� m E m_ m, m O J F J m¢ U J N �- J ¢ H J U J N H J (n U J N U E Z C C C c LL J N O C > � C > y C 0 > y c LL J c C J c m N m m d O WmE O m 0 C J C C N OO) O LL v, N W n m' O m d a) =0m QO� J Q.NLLLL WO o ULL E (0 O) N N N It N l0 N 10 N h N IO M f O M m_ rn o o v N (0 N O N ~ O 69 (N N b9 m N fA M 9 C LL Q a f � O O V (O N M (O G W N U a O N N M ~ u coj O y L C [V y O c LL � Z c� (n a N m �m C N U O m O a Q _ �( O O ( 7 (� N a0 O N ~ .o a) m 6N9 V t09 M M � a 6N9 a LL Er O N O LL N L co O V Cl)ID N p W co M (c I - N V co 7 N U o N N Z Q N Vl y L C N C _ O (i N c N N a 7 LL O � am J c O m O (nco Ol O N o0 (D O (O O V O N H EA U> SN9 U N Z Z Z Z Z Z C c-,C O O c O O lo T r1 O O O c Co C N In LL] p O O N p O (O M V 7 M V N O O O 4 m c W o3 cC a1 otS = o dQ A O (mjW 0 UW 0 UW 0 UW 0 UW 0 UW C C E E > U 'C N {p 9 c O N (0 U C V c O N (0 N C 2 c 0 C O N Q O N m c0 (� a O. a N 'o E Om O �Q Ol j O Om j (p O1 U G O a m j (0 0) U C J N N (na C m C Vl d N 0) C N N E° `+ C V M u) m O U u) O U «) L V Q N Q J Q j r J 0 F a N F W. 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