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RESOLUTION NO. 24965
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
PALM SPRINGS, CALIFORNIA, ACTING SOLELY IN ITS
CAPACITY AS SUCCESSOR AGENCY TO THE PALM
SPRINGS COMMUNITY REDEVELOPMENT AGENCY
APPROVING THE RECOGNIZED OBLIGATION PAYMENT
SCHEDULE (ROPS 22-23 A&B) AND AN ADMINISTRATIVE
EXPENSE BUDGET FOR THE PERIOD OF JULY 1, 2022
THROUGH JUNE 30, 2023, PURSUANT TO THE
CALIFORNIA HEALTH & SAFETY CODE.
WHEREAS, the Successor Agency to the Palm Springs Community
Redevelopment Agency ("Successor Agency") is the successor to the Community
Redevelopment Agency of the City of Palm Springs ("Former Redevelopment Agency"),
a redevelopment agency in the City of Palm Springs, duly created pursuant to the
California Community Redevelopment Law (Part 1 (commencing with Section 33000) of
Division 24 of the California Health and Safety Code) ("Redevelopment Law"); and
WHEREAS, the "Dissolution Act," comprised of Assembly Bill "ABX1 26" (Chapter
5, Statutes of 2011) and "ABX1 27" (Chapter 6, Statutes of 2011), and subsequent
legislation including Assembly Bill "AB 1484" (Chapter 26, Statutes of 2012) and Senate
Bill "SB 107" (Chapter 325, Statutes of 2015), made certain changes to the
Redevelopment Law, including adding Part 1.8 (commencing with Section 34161) and
Part 1.85 (commencing with Section 34170) to Division 24 of the California Health and
Safety Code ("H&SC"); and
WHEREAS, H&SC 34177(I) requires the Successor Agency to prepare a Recognized
Obligation Payment Schedule ("ROPS") listing the enforceable obligations of the Former
Redevelopment Agency, including administrative expenses; and
WHEREAS, pursuant to H&SC Section 34177(o)(1), beginning in 2016, each
successor agency has been required to adopt a ROPS before each annual fiscal period
establishing its enforceable obligations for that period, identifying sources to satisfy those
obligations, and tracking its fund balances.
NOW, THEREFORE, BE IT RESOLVED THAT THE CITY COUNCIL OF THE
CITY OF PALM SPRINGS, ACTING SOLELY IN ITS CAPACITY AS THE SUCCESSOR
AGENCY OF THE PALM SPRINGS COMMUNITY REDEVELOPMENT AGENCY, DOES
HEREBY RESOLVE AS FOLLOWS:
SECTION 1. The Recitals set forth above are true and correct and incorporated
herein by reference.
SECTION 2. The Recognized Obligation Payment Schedule (ROPS 22-23) for the
period of July 1, 2022 through June 30, 2023, attached to and incorporated into this
Resolution as Exhibit A, is hereby approved.
Resolution No. 24956
Page 2
SECTION 3. The administrative budget of $250,000 for the period of July 1, 2022
through June 30, 2023 is hereby approved.
SECTION 4. The City Manager or designee is authorized to take all actions
necessary to implement this Resolution or any direction from the County Oversight Board,
including without limitation, the posting of this Resolution and the Recognized Obligation
Payment Schedule on the Successor Agency's website, provide notice of adoption of this
Resolution and such Schedule to the County Auditor -Controller, the State Controller and
the State Department of Finance or the filing of a notice of exemption from the California
Environmental Quality Act.
SECTION 5. The Successor Agency's governing board represents and warrants
that it examined all of the items on the ROPS 22-23 and finds that each of them is
necessary for the continued maintenance and preservation of property owned by the
Successor Agency until disposition in accordance with the Dissolution Act, the
continued administration of the ongoing enforceable obligations, or the expeditious
wind -down of the affairs of the Former Redevelopment Agency by the Successor Agency.
SECTION 6. In retaining the responsibilities of the Former Redevelopment Agency
as provided in H&SC Sections 34173 and 34176, the City Council expressly determines,
reaffirms, and ratifies the statutory limitation on the City and the City Council's liability in
retaining the responsibilities of the Former Redevelopment Agency pursuant to the
Dissolution Act. Nothing in this Resolution shall be construed as a commitment,
obligation, or debt of the City or any resources, funds, or assets of the City to fund the
City's service as the Successor Agency to the Palm Springs Community Redevelopment
Agency as provided in this Resolution.
SECTION 7. This Resolution shall take effect three days from adoption.
Resolution No. 24956
Page 3
PASSED, APPROVED, AND ADOPTED BY THE PALM SPRINGS CITY COUNCIL,
ACTING SOLELY IN ITS CAPACITY AS THE SUCCESSOR AGENCY TO THE PALM
SPRINGS COMMUNITY REDEVELOPMENT AGENCY, THIS 13th DAY OF JANUARY
2022.
JUSTI CLIFTON, CVY MANAGER
ATTEST:
i
ANTHONY ME NA, Cl LERK
CERTIFICATION
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) ss.
CITY OF PALM SPRINGS )
I, ANTHONY MEJIA, City Clerk of the City of Palm Springs, California, hereby
certify that Resolution No. 24965 was adopted by the Palm Springs City Council at a
regular meeting held on the 13th day of January 2022, and that the same was adopted by
the following vote:
AYES: Councilmembers Holstege, Kors, Woods, Mayor Middleton, and Mayor Pro
Tern Garner
NOES: None
ABSENT: None
ABSTAIN: None
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of
the City of Palm Springs, California, this t S day of��2
N� THONY kEJI , YCLERK
City of Palm firings, California
EXHIBIT A
Resolution No. 24956 RECOGNIZED OBLIGATION PAYMENT SCHEDULE
Page 4
22-23
Recognized Obligation Payment Schedule (ROPS 22-23) - Summary
Filed for the July 1, 2022 through June 30, 2023 Period
Successor Agency: Palm Springs
County: Riverside
Current Period Requested Funding for Enforceable 22-23A Total 22-23B Total
Obligations (ROPS Detail) (July - (January -
December) June)
ROPS 22-23
Total
A Enforceable Obligations Funded as Follows (B+C+D) $ 1,934,542 $ - $ 1,934,542
B Bond Proceeds - - -
C Reserve Balance 1,929,622 - 1,929,622
D Other Funds 4,920 - 4,920
E Redevelopment Property Tax Trust Fund (RPTTF) (F+G) $ 1,780 $ 2,670,906 $ 2,672,686
F RPTTF 1,780 2,420,906 2,422,686
G Administrative RPTTF - 250,000 250,000
H Current Period Enforceable Obligations (A+E) $ 1,936,322 $ 2,670,906 $ 4,607,228
Name Title
/s/
Signature Date
Certification of Oversight Board Chairman:
Pursuant to Section 34177 (o) of the Health and Safety
code, I hereby certify that the above is a true and
accurate Recognized Obligation Payment Schedule for
the above named successor agency.
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Resolution No. 24956
Page 8
Palm Springs
Recognized Obligation Payment Schedule (ROPS 22-23) - Notes
July 1, 2022 through June 30, 2023
Item # I Notes/Comments I
IM
8
..........
9
11
17
..........
33
44
62
..........
66
70
..........
71
..........
73
74
75
76
Resolution No. 24956
Page 9
EXHIBIT B
ADMINISTRATIVE EXPENSE BUDGET 22-23
The maximum amount of the allowable administrative budget for the Fiscal Year is $250,000,
which is allocated to salaries and benefits as shown below:
40000 Salaries
175,896
41450 Telecommunication
258
41600 PERS Contribution
47,418
41700 Medicare Tax
2,551
41900 Fringe Benefits
23,619
41930 RHS Health Benefit
258
Total
$250,000
The maximum allowance for administrative costs does not cover the total of such costs incurred
by the City to administer the winding down of the former Redevelopment Agency's operations.
Additional expenses not covered by the maximum allowance include additional salaries of
personnel allocable to the Successor Agency, legal costs of the Successor Agency, costs to
prepare and administer the ROPS and audit of the Successor Agency's financial statements,
which total approximately $50,000. Such costs are paid by the General Fund. If any of the
$250,000 allowance remains after payment of salaries, any amounts will be applied to such other
additional administrative costs.
I