HomeMy WebLinkAboutRES NO OB002-12On
OVERSIGHT BOARD
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RESOLUTION NO. 06002-12
A RESOLUTION OF THE OVERSIGHT BOARD TO THE
SUCCESSOR AGENCY OF THE DISSOLVED BAKERSFIELD
REDEVELOPMENT AGENCY.
WHEREAS, by implementation of ABX1 26, which amended provisions of
the California Redevelopment law, (the "CRL" found at Health and Safety
Code Section 33000, et seq.) and the California Supreme Court's decision in
California Redevelopment Association v. Matosantos, as of February 1, 2012, the
Redevelopment Agency of the City of Bakersfield was dissolved, the successor
Agency to the Redevelopment Agency of the City of Bakersfield ( "Successor
Agency ") came in to existence, and the requirement for the appointment of an
Oversight Board to the Successor Agency of the dissolved Bakersfield
Redevelopment Agency ( "Oversight Board ") became effective; and
WHEREAS, upon the Agency's dissolution, City Resolution No. 011 -12,
adopted January 11, 2012, City assumed the former Agency's housing assets,
which includes all rights, interest privileges, property (real, personal and
intangible), including all cash, receivables, loans, grants, and all property such
as land, buildings and dwelling units held by the Agency in connection with the
production and preservation of low and moderate income housing, excluding
any unencumbered funds held in the Agency's Low and Moderate Income
Housing Fund (collectively, the "housing assets "), and all of the rights, duties,
and obligations that remain under the CRL with regard to the production and
preservation of low and moderate income housing; and
WHEREAS, although City has elected to retain the housing responsibilities
and assets pursuant to City Resolution No. 011 -12; pursuant to Health and Safety
Code Section 34181(c), the Oversight Board is required to direct the Successor
Agency to transfer housing responsibilities and assets to the appropriate entity,
which as a result of the City's election in City Resolution No. 011 -12 is the City in
its capacity of Housing Agency, and pursuant to Health and Safety Code
Section 34177(g), the Successor Agency is required to effectuate such transfer.
NOW, THEREFORE, BE IT RESOLVED, by the Oversight Board to the Successor
Agency of the dissolved Bakersfield Redevelopment Agency as follows:
1. The above recitals are true and correct and incorporated herein by
reference.
Resolution Oversight Board RDA
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2. The Oversight Board hereby determines and finds that the assets set
forth in Exhibit "A" attached hereto are housing assets that must be transferred
to the City in its capacity of Housing Agency, pursuant to health and Safety
Code Section 34176.
3. The Oversight Board hereby acknowledges that, consistent with
Health and Safety Code Section 34176 as of February 1, 2012, the housing
assets, as set forth on Exhibit "A" attached hereto, were transferred from the
Agency to City in its capacity of Housing Agency, that, as such, City accepted
the housing assets and City may exercise all rights and obligations relating to the
housing assets, including, but not limited to, entering into new contracts,
amending existing contracts, applying and using proceeds from the housing
assets, and disposing of the housing assets, and such actions by City shall not be
subject to review or approval by this Oversight Board under the authority or
duties set forth in Health and Safety Code Sections 34180 and 34181.
4. Pursuant to Health and Safety Code Section 34181(c), the Oversight
Board hereby directs and instructs the City in its capacity of Successor Agency
to effectuate the transfer of the housing assets set forth in Exhibit 'A" along with
all responsibilities, rights, powers, duties and obligations associated therewith, to
the City in its capacity of Housing Agency, to the extent necessary, pursuant to
Health and Safety Code Section 34177(g).
PASSED AND ADOPTED by the Oversight Board at the first regular meeting held
on the 9th day of April, 2012.
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Resolution Oversight Board RDA
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ATTEST:
STATE OF CALIFORNIA
COUNTY OF KERN }
CITY OF BAKERSFIELD }
I, ROBERTA GAFFORD, Acting Secretary to the Oversight Board, hereby
certify that the foregoing resolution was duly adopted at the first regular
meeting of the Oversight Board, on the 9th day of April, 2012.
(Z BOARD MEMEBERS;
NOES: BOARD MEMBERS:
ABSENT: BOARD MEMMBERS:
APPROVED APR U 9 2012
CHAIR, Oversight Bo
APPROVED AS TO FORM:
VIRGINIA GENNARO
City Attorney
OSHUA H. RUDNICK
Deputy City Attorney II
JHR /vl
Resolution Oversight Board RDA
S:\COUNCIL\Resos\11-12\RDA.Oversight.Brd.Docx
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