HomeMy WebLinkAbout23093 RESOLUTION NO. 23093
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
PALM SPRINGS, CALIFORNIA, ACTING SOLELY IN ITS
CAPACITY AS THE SUCCESSOR AGENCY TO THE PALM
SPRINGS COMMUNITY REDEVELOPMENT AGENCY,
AUTHORIZING THE CREATION OF NEW FUNDS AND
ACCOUNTS FOR THE SUCCESSOR AGENCY
OBLIGATIONS OF THE CITY RELATED TO THE FORMER
COMMUNITY REDEVELOPMENT AGENCY, PURSUANT
TO AB 1X 26.
WHEREAS, on December 29, 2011, the California Supreme Court upheld AB 1X
26, which dissolves all of the redevelopment agencies in the State of California, and
struck down AB 1X 27, which allowed redevelopment agencies to remain in existence if
such agency opted to the "Voluntary Alternative Redevelopment Program" ("VARP");
and
WHEREAS, under the Law, all accounts of the former Redevelopment Agency
(RDA) transfer to the Successor Agency; and
WHEREAS, the City Council of the City of Palm Springs, California, adopted
Resolution 23071 on January 4, 2012, designating the City of Palm Springs as the
Successor Agency to the Palm Springs Community Redevelopment Agency Pursuant to
Cal. Health and Safety Code Section 34173.
NOW THEREFORE THE CITY COUNCIL DETERMINES, RESOLVES AND
APPROVES AS FOLLOWS:
SECTION 1. To preserve the limited liability of the Successor Agency provided in
AB 1X 26, the Successor Agency should hold all former RDA accounts separately from
its other accounts.
SECTION 2. The Department of Finance and Treasury is hereby authorized to
create new and separate funds and accounts for the Successor Agency obligations of
the City related to the former Palm Springs Community Redevelopment Agency
Pursuant to AB 1X 26.
SECTION 3. In retaining the responsibilities of the Palm Springs Community
Redevelopment Agency as provided in California Health and Safety Code §§ 34173 and
34176, the City Council expressly determines, recognizes, reaffirms, and ratifies the
statutory limitation on the City and the City Council's liability in retaining the
responsibilities of the Palm Springs Community Redevelopment Agency under AB
1X26. 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.
Resolution No. 23093
Page 2
PASSED, APPROVED AND ADOPTED BY THE PALM SPRINGS CITY
COUNCIL THIS 15TH DAY OF FEBRUARY, 2012.
y.
DAVID H. READY NAGER
ATTEST:
MES THOMPSON, CITY CLERK
CERTIFICATION
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) ss.
CITY OF PALM SPRINGS )
I, JAMES THOMPSON, City Clerk of the City of Palm Springs, hereby certify that
Resolution No. 23093 is a full, true and correct copy, and was duly adopted at a regular
meeting of the City Council of the City of Palm Springs on February 15, 2012, by the
following vote:
AYES: Councilmember Hutcheson, Councilmember Lewin, Councilmember Mills,
Mayor Pro Tern Foat, and Mayor Pougnet.
NOES: None.
ABSENT: None.
ABSTAIN: None. �)
MES THOMPSON, CITY CLERK
City of Palm Springs, California 021121Z0l L