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HomeMy WebLinkAboutRES OB 2016 095 2016 0816 RESOLUTION NO. OB-2016-95 A RESOLUTION OF THE OVERSIGHT BOARD TO THE SUCCESSOR AGENCY OF THE REDEVELOPMENT AGENCY OF THE CITY OF MOORPARK, CALIFORNIA, FOR THE MEETING OF AUGUST 16, 2016, APPROVING AN AMENDED RECOGNIZED OBLIGATION PAYMENT SCHEDULE FOR THE FISCAL PERIOD FROM JANUARY 1, 2017 THROUGH JUNE 30, 2017 AND TAKING CERTAIN RELATED ACTIONS WHEREAS, pursuant to Health and Safety Code Section 34177(o), the Successor Agency to the Redevelopment Agency of the City of Moorpark (the "Successor Agency") must prepare a Recognized Obligation Payment Schedule listing the anticipated payments for enforceable obligations to be made by the Successor Agency during the fiscal period from July 1, 2016 through June 30, 2017 ("ROPS 16- 17") and submit ROPS 16-17 to the Oversight Board of the Successor Agency (the "Oversight Board")for approval; and WHEREAS, pursuant to Health and Safety Code Section 34177(o)(1)(E), the Successor Agency may submit one amendment to the approved ROPS 16-17, if the Oversight Board makes a finding that the revision is necessary for the payment of approved enforceable obligations during the second one-half of the ROPS 16-17 period (i.e., January 1, 2017 to June 30, 2017, inclusive); and WHEREAS, pursuant to Health and Safety Code Section 34177(I)(2)(C) and Section 34177(o)(1), the Successor Agency must: (i) submit the Oversight Board- approved amended ROPS 16-17B to the DOF, the Office of the State Controller, and the County Auditor-Controller no later than October 1, 2016, and (ii) post a copy of the Oversight Board-approved amended ROPS 16-17B on the Successor Agency's website; and WHEREAS, on August 16, 2016 the recommended amended Recognized Obligation Payment Schedule for January 1, 2017 to June 30, 2017 ("Amended ROPS 16-17B") was submitted to the Oversight Board for its review and consideration (Agenda Item 7.A.). 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. The above recitals are true and correct and are a substantive part of this Resolution. Resolution No. OB-2016-95 Page 2 SECTION 2. The Oversight Board hereby approves the proposed Amended ROPS 16-17B, substantially in the form attached hereto as Attachment 2 with Agenda Item 7.A. Staff of the Successor Agency is hereby authorized and directed to: (i) submit a copy of Oversight Board-approved Amended ROPS 16-17B to the DOF, the Office of the State Controller, and the County Auditor-Controller and (ii) post a copy of the Oversight Board-approved Amended ROPS 16-17B on the Successor Agency's Internet website (being a page on the Internet website of the City of Moorpark). SECTION 3. The Oversight Board finds that this revision reflected on Amended ROPS 16-17B is necessary for the payment of the approved enforceable obligation of the unfunded pass-thru payment due to Moorpark Unified School District pursuant to the Memorandum of Understanding between the Moorpark Unified School District, Successor Agency and the City of Moorpark. SECTION 4. The staff of the Successor Agency are hereby authorized and directed, jointly and severally, to do any and all things which they may deem necessary or advisable to effectuate this Resolution, including but not limited to requesting additional review by the DOF and an opportunity to meet and confer on any disputed items, and making adjustments to Amended ROPS 16-17B pursuant to the DOF's instructions, and any such actions previously taken are hereby ratified and confirmed. SECTION 5. 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 16th day of August, 2016. ruce Hamous, Chair ATTEST: Maureen Benson, City Clerk Resolution No. OB-2016-95 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-2016-95 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 16th day of August, 2016, and that the same was adopted by the following vote: AYES: Board Members Burgh, Driscoll, Kasper, Parvin, Priestley and Chairperson Hamous NOES: None ABSENT: Board Member Melby ABSTAIN: None IN WITNESS THEREOF, I have set my hand this 16th day of August, 2016. Maureen Benson, City Clerk