HomeMy WebLinkAboutRES OB 2017 107 2017 0718 RESOLUTION NO. OB-2017-107
A RESOLUTION OF THE OVERSIGHT BOARD TO THE
SUCCESSOR AGENCY OF THE REDEVELOPMENT
AGENCY OF THE CITY OF MOORPARK, CALIFORNIA,
APPROVING A LEASE AGREEMENT BETWEEN THE
SUCCESSOR AGENCY OF THE REDEVELOPMENT
AGENCY OF THE CITY OF MOORPARK AND TOM
LINDSTROM RV SALES, INC. FOR 500 LOS ANGELES
AVENUE, MOORPARK, CALIFORNIA
WHEREAS, Section 34179 (e) of the Health and Safety Code (HSC) requires all
actions taken by the Oversight Board to the Successor Agency of the Redevelopment
Agency of the City of Moorpark to be adopted by resolution; and
WHEREAS, at the regular meeting of July 18, 2017, the Lease Agreement
between the Successor Agency of the Redevelopment Agency of the City of Moorpark
and Tom Lindstrom RV Sales, Inc. was submitted to the Oversight Board for approval
(Agenda Item 7.A.); and
WHEREAS, HSC Section 34181(e), requires the Oversight Board to determine
that the Successor Agency's execution and delivery of the Lease Agreement: (i) would
reduce liabilities and increase net revenues to the taxing entities, and (ii) are in the best
interests of the taxing entities.
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 Oversight Board finds and determines that, pursuant to HSC
Section 34181(e), the Successor Agency's execution and delivery of the Lease
Agreement: (i) would reduce liabilities and increase net revenues to the taxing entities,
and (ii) are in the best interests of the taxing entities. The Oversight Board supports
these findings by the following facts and determinations:
A. The lease will allow the property to remain occupied and secured by the
lessee and thereby reduce the expenses that would otherwise need to be incurred by
the Successor Agency in securing and monitoring the site if it were vacant.
B. The lease would keep the property occupied until it can be sold in
compliance with the Long Range Property Management Plan so as to reduce potential
liability issues associated with a vacant site.
C. The lease would provide net revenues through collection of lease revenue,
which would reduce the amount of enforceable obligations the Successor Agency would
need to request on the Recognized Obligation Payment Schedule (ROPS) thereby
allowing for more property taxes to be distributed to the taxing entities.
Resolution No. OB-2017-107
Page 2
SECTION 2. Based on the findings contained in this Resolution and all of the
evidence in the record of this matter, the Oversight Board hereby approves the Lease
agreement between Successor Agency of the Redevelopment Agency of the City of
Moorpark and Tom Lindstrom RV Sales, Inc.
SECTION 3. 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 18th day of July, 2017.
Ai
,tic-e /LA-0.42 S
uce Hamous, Chairperson
ATTEST:
Maureen Benson, City Clerk
Resolution No. OB-2017-107
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-
2017-107 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 18th
day of July, 2017, and that the same was adopted by the following vote:
AYES: Board Members Burgh, Driscoll, Parvin, Priestley
NOES: None
ABSENT: Board Members Kasper and Melby
ABSTAIN: Chairperson Hamous
IN WITNESS THEREOF, I have set my hand this 18th day of July, 2017.
Maureen Benson, City Clerk