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HomeMy WebLinkAboutRES OB 2018 112 2018 0116 RESOLUTION NO. OB-2018-112 A RESOLUTION OF THE OVERSIGHT BOARD TO THE SUCCESSOR AGENCY OF THE REDEVELOPMENT AGENCY OF THE CITY OF MOORPARK, CALIFORNIA, FOR THE MEETING OF JANUARY 16, 2018, APPROVING PROPOSED ADMINISTRATIVE BUDGETS FOR THE SIX-MONTH FISCAL PERIODS FROM JULY 1, 2018 THROUGH DECEMBER 31, 2018, AND FROM JANUARY 1, 2019 THROUGH JUNE 30, 2019, AND TAKING RELATED ACTIONS WHEREAS, Section 34179(e) of the Health and Safety Code requires all actions taken by the Oversight Board to the Successor Agency of the Redevelopment Agency of the City of Moorpark be adopted by resolution; and WHEREAS, Pursuant to Health and Safety Code Section 34177(j), the Successor Agency to the Redevelopment Agency of the City of Moorpark (the "Successor Agency") must prepare a proposed administrative budget for each six- month fiscal period (commencing each January 1 and July 1) and submit each proposed administrative budget to the oversight board of the Successor Agency (the "Oversight Board") for approval; and WHEREAS, The Successor Agency's proposed administrative budgets for the six-month fiscal periods from July 1, 2018 through December 31, 2018 ("Administrative Budget 18-19A") and from January 1, 2019 through June 30, 2019 ("Administrative Budget 18-19B," together with Administrative Budget 18-19A, the "Administrative Budgets") have been presented to this Oversight Board for approval; and WHEREAS, at the regular meeting of January 16, 2018 there has been presented to this Board for approval the proposed Administrative Budgets for the Successor Agency for the fiscal period from July 1, 2018 through June 30, 2019. (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. The above recitals are true and correct and are a substantive part of this Resolution. SECTION 2. The Oversight Board hereby approves Administrative Budget 18- 19A, substantially in the form attached hereto as Attachment 2 with Agenda Item 7.B. Resolution No. OB-2018-112 Page 2 SECTION 3. The Oversight Board hereby approves Administrative Budget 18- 19B, substantially in the form attached hereto as Attachment 3 with Agenda Item 7.B. 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 and the Administrative Budgets, including making any adjustment to the proposed Administrative Budgets to make them consistent with the Successor Agency's Recognized Obligation Payment Schedule for fiscal year 2018-19 (as such Recognized Obligation Payment Schedule is approved by the State Department of Finance). The staff of the Successor Agency is hereby directed to provide the State Department of Finance ("DOF") written notice and information regarding the action taken by the Oversight Board in Section 2 of this Resolution. Such notice and information shall be provided by electronic means and in a manner of DOF's choosing. SECTION 5. If any provision of this Resolution or the application thereof to any person or circumstance is held invalid, such invalidity shall not affect other provisions or applications of this Resolution which can be given effect without the invalid provision or application, and to this end, the provisions of this Resolution are severable. The Oversight Board hereby declares that it would have adopted this Resolution regardless that one or more portion may be determined to be invalid. SECTION 6. The City Clerk shall certify to the adoption of this resolution and shall cause a certified resolution to be filed in the book of origin- resolutions. PASSED AND ADOPTED this 16th day of Iuary, 2018. 91 / ea� :ruce Hamous, Chairperson ATTEST: Maureen Benson, City Clerk Resolution No. OB-2018-112 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-2018-112 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 January, 2018, and that the same was adopted by the following vote: AYES: Board Members Driscoll, Kasper, Parvin, Priestley and Chairperson Hamous NOES: None ABSENT: Board Members Burgh and Melby ABSTAIN: None IN WITNESS THEREOF, I have set my hand this 16th day of January, 2018. Maureen Benson, City Clerk