HomeMy WebLinkAbout15-06 - Approving the Successor Agency's Administrative Budget for the 15-16A six-month Fiscal Period of July 1, 2015 toSUCCESSOR AGENCY RESOLUTION NO. 15-06
A RESOLUTION OF THE SUCCESSOR AGENCY TO THE COSTA MESA
REDEVELOPMENT AGENCY APPROVING THE SUCCESSOR AGENCY'S
ADMINISTRATIVE BUDGET FOR THE 15-16A SIX-MONTH FISCAL PERIOD OF JULY
1, 2015 TO DECEMBER 31, 2015 PURSUANT TO HEALTH AND SAFETY CODE
SECTION 341770)
WHEREAS, the former Costa Mesa Redevelopment Agency ("former Agency")
was established as a redevelopment agency that was previously organized and existing
under the California Community Redevelopment Law, Health and Safety Code Section
33000, et seq., and previously authorized to transact business and exercise powers of a
redevelopment agency pursuant to action of the City Council of the City of Costa Mesa
("City"); and
WHEREAS, Assembly Bill x1 26 added Parts 1.8 and 1.85 to Division 24 of the
California Health & Safety Code, which caused the dissolution of all redevelopment
agencies and winding down of the affairs of former agencies, including as such laws were
amended by Assembly Bill 1484 and other subsequent legislation (together, the
"Dissolution Law"); and
WHEREAS, as of February 1, 2012 the former Agency was dissolved pursuant to
the Dissolution Law, and as a separate public entity, corporate and politic the Successor
Agency to the Costa Mesa Redevelopment Agency ("Successor Agency") administers the
enforceable obligations of the former Agency and otherwise unwinds the former Agency's
affairs, all subject to the review and approval by a seven -member oversight board
("Oversight Board"); and
WHEREAS, pursuant to Section 34179 the Successor Agency's Oversight Board
has been formed and its initial meeting occurred on April 19, 2012; and
Resolution No. 15-06 Page 1 of 5
WHEREAS, once the Oversight Board has reviewed and approved the Successor
Agency's Administrative Budget for the 15-16A six-month fiscal period of July 1, 2015 to
December 31, 2015, then the Successor Agency staff will cause to be posted this
Resolution, including the Administrative Budget, on the Successor Agency website, and
will transmit such to the County Auditor -Controller, the State Controller's Office and
Department of Finance ("DOF").
NOW, THEREFORE, BE IT RESOLVED BY THE SUCCESSOR AGENCY TO
THE COSTA MESA REDEVELOPMENT AGENCY;
The foregoing recitals are incorporated into this Resolution by this reference, and
constitute a material part of this Resolution.
Pursuant to the Dissolution Law, the Successor Agency approves the Administrative
Budget for the 15-16A six-month fiscal period of July 1, 2015 to December 31, 2015
submitted herewith as Attachment 1 and incorporated by this reference.
The Successor Agency authorizes transmittal of the Administrative Budget for the 15-16A
six-month fiscal period of July 1, 2015 to December 31, 2015 to the Oversight Board for
its review and approval and also directs staff to send the Administrative Budget to the
County Auditor -Controller and DOF once reviewed and approved by the Oversight Board.
The Assistant Finance Director of the Successor Agency or her authorized designee is
directed to post this Resolution on the Successor Agency website pursuant to the
Dissolution Law.
The Secretary shall certify to the adoption of this Resolution.
Resolution No. 15-06 Page 3 of 5
APPROVED AND ADOPTED this 171h day of February 2015,
Successor Agency to the Costa Mesa
Redevelopment Agency
ATTEST:
Brenda Green, Secretary
Successor Agency to the Costa Mesa Redevelopment Agency
(SEAL)
Resolution No. 15-06 Page 4 of 5
STATE OF CALIFORNIA
COUNTY OF ORANGE ) ss.
CITY OF COSTA MESA
I, Brenda Green, Secretary of the Successor Agency to the Costa Mesa
Redevelopment Agency, hereby certify that the foregoing resolution was duly adopted by
the Successor Agency at a regular meeting held on the 17th day of February 2015, and
that it was so adopted by the following vote:
AYES: COUNCIL MEMBERS: Foley, Genis, Monahan, Righeimer, Mensinger
NOES: COUNCIL MEMBERS: None
ABSENT` COUNCIL MEMBERS: None
ABSTAIN: - COUNCIL MEMBERS: None
IN WITNESS WHEREOF, I have hereby set my hand and affixed the seal of the
City of Costa Mesa this 17th day of February, 2015.
�y _ __
Brenda Green, Se �etary
Successor Agency to the Costa Mesa
Redevelopment Agency
(SEAL)
APPROVED AS TO FORM:
Resolution No. 15-06 Page 5 of 5