HomeMy WebLinkAboutRES OB 2014 62 2014 0715 RESOLUTION NO. OB-2014-62
A RESOLUTION OF THE OVERSIGHT BOARD TO THE SUCCESSOR
AGENCY OF THE REDEVELOPMENT AGENCY OF THE CITY OF
MOORPARK, CALIFORNIA, FOR THE REGULAR MEETING OF JULY
15, 2014, AUTHORIZING SETTLEMENT AND RELEASE AGREEMENT
BY AND BETWEEN MOORPARK UNIFIED SCHOOL DISTRICT, ON THE
ONE HAND, AND THE CITY OF MOORPARK AND THE SUCCESSOR
AGENCY OF THE CITY OF MOORPARK, ON THE OTHER HAND, IN
RESOLUTION OF DISPUTES CONCERNING PAYMENTS AND
CREDITS UNDER A 1993 PASS THROUGH AGREEMENT
WHEREAS, the Redevelopment Agency of the City of Moorpark (the "Fourier
Agency") was a public body, corporate and politic, duly established and authorized to
transact business and exercise powers under and pursuant to the provisions of the
Community Redevelopment Law of the State of California, constituting Part 1 of Division
24 of the Health and Safety Code of the State (the "Law"); and
WHEREAS, pursuant to Section 34172(a) of the California Health and Safety
Code (unless otherwise stated, all Section references hereinafter being to such Code),
the Former Agency has been dissolved and no longer exists, and pursuant to Section
34173, the City of Moorpark (the "City") has become the successor entity to the Former
Agency (the "Successor Agency"); and
WHEREAS, prior to the dissolution of the Former Agency, the Former Agency
entered into an "Agreement Between the Moorpark Unified School District, the
Redevelopment Agency of the City of Moorpark and the City of Moorpark for Distribution
of Tax Increment Funds from the Moorpark Redevelopment Project"; and
WHEREAS, this Oversight Board has completed its review of the Settlement
Agreement and wishes at this time to give its approval to the Settlement Agreement by
the Successor Agency; and
WHEREAS, on July 15, 2014 the report titled, "Consider Resolution Authorizing
Settlement and Release Agreement by and Between Moorpark Unified School District,
on the One Hand, and the City of Moorpark and the Successor Agency of the City of
Moorpark, on the Other Hand, in Resolution of Disputes Concerning Payments and
Credits Under a 1993 Pass Through Agreement" was submitted to the Oversight Board
for its review and consideration (Agenda Item 7.B.).
NOW, THEREFORE, THE OVERSIGHT BOARD TO THE SUCCESSOR
AGENCY OF THE REDEVELOPMENT AGENCY OF THE CITY OF MOORPARK
DOES HEREBY RESOLVE AS FOLLOWS:
SECTION 1 . Approve the Settlement and Release Agreement by and Between
Moorpark Unified School District, on the One Hand, and the City of Moorpark and the
Resolution No. OB-2014-62
Page 2
Successor Agency of the City of Moorpark, on the Other Hand, in Resolution of
Disputes Concerning Payments and Credits Under a 1993 Pass Through Agreement. A
true and correct copy of the executed Settlement and Release Agreement is attached to
this Resolution.
SECTION 2. The City Clerk shall certify to the adoption of this resolution and
shall cause a certified resolution to be filed in the book of original resolutions.
PASSED AND ADOPTED this 15th day of July, 20)4.
ace Y7/SCS
Bruce Hamous, Chair
ATTEST:
Maureen Benson, City Clerk
Resolution No. OB-2014-62
Page 3
STATE OF CALIFORNIA
COUNTY OF VENTURA ) ss.
CITY OF MOORPARK
I, Maureen Benson, City Clerk of the City of Moorpark, California, do hereby
certify under penalty of perjury that the foregoing Resolution No. OB-2014-62 was
adopted by the Oversight Board to the Successor Agency of the Redevelopment
Agency of City of Moorpark at a regular meeting held on the 15th day of July 2014, and
that the same was adopted by the following vote:
AYES: Board Members Burgh, Nicks, Parvin, Priestley and Chairperson
Hamous
NOES: None
ABSENT: Board Members Ingram and Kasper
ABSTAIN: None
IN WITNESS THEREOF, I have set my hand this 15th day of July, 2014.
Maureen Benson, City Clerk