2012-18 RESOLUTION NO. 2012-18 (SA)
4W A RESOLUTION OF THE CITY OF GRAND TERRACE AS SUCESSOR
AGENCY TO THE GRAND TERRACE COMMUNITY
REDEVELOPMENT AGENCY ADOPTING A DRAFT RECOGNIZED
OBLIGATIONS PAYMENT SCHEDULE (ROPS) COVERING THE
PERIOD OF JULY 1, 2012 TO DECEMBER 31, 2012 AS REQUIRED BY
HEALTH AND SAFETY CODE SECTION 34177.
WHEREAS, the Grand Terrace Community Redevelopment Agency, Grand
Terrace, California ("Agency') was formed for the purpose of revitalizing areas within
the City of Grand Terrace pursuant to Health and Safety Code Section 33000, et. seq.;
WHEREAS, AB X1 26 required the dissolution of all redevelopment agencies in
the state;
WHEREAS, on January 10, 2012, the City as Successor Agency adopted
Resolution 2012-01 electing to serve as the successor agency to the Grand Terrace
Community Redevelopment Agency pursuant to Health and Safety Code Section
34176; and
WHEREAS, the San Bernardino County Auditor Controller/Treasurer/Tax
L Collector (Auditor-Controller) has required a draft of the Recognized Obligation
Payment Schedule, covering the period July 1, 2012 to December 31, 2012, to be
submitted prior to April 15, 2012;
WHEREAS, on March 27, 2012, the Recognized Obligations Payment Schedule
(ROPS) for the period July 1, 2012 to December 31, 2012 pursuant to Health and
Safety Code Section 34177(I) was considered by the City as Successor Agency; and
NOW THEREFORE, THE CITY OF GRAND TERRACE AS SUCESSOR
AGENCY TO THE GRAND TERRACE COMMUNITY REDEVELOPMENT AGENCY
DOES RESOLVE, DETERMINE, FIND AND ORDER AS FOLLOWS:
SECTION 1. The City as Successor Agency finds that the above recitations are
true and correct and, accordingly, are incorporated as a material part of this Resolution.
SECTION 2. Pursuant to 34177(I), the draft ROPS for the period July 1, 2012
to December 31, 2012 are attached hereto as Attachment 1 is hereby approved,
adopted, and incorporated by reference by the City as Successor Agency pursuant to
Health and Safety Code Section 34177.
SECTION 3. The City Manager is hereby authorized to perform all acts
necessary to be compliant with ABX1 26 and the requirements set forth by the Auditor-
Controller .
SECTION 4. The City Clerk shall certify to the adoption of this Resolution.
PASSED APPROVED AND ADOPTED this 27th day of March, 2012 by the following
vote:
AYES: Councilmembera McNaboe, Sandoval and Nay; Mayor Pro T® Garcia and
Mayor Stanckievitz
NOES: None
ABSENT: None
ABSTAIN: None
Walt Stanckiewitz, Mayor
ATTEST:
4 Tracey R. Dlartirfez, City Clerk
APPROVED AS TO FORM:
Richard L. Adams II, City Attorney
State of California )
County of San Bernardino )ss.
State of California )
I, Tracey R. Martinez, hereby certify that I am the duly appointed City Clerk of the
City of Grand Terrace and that the foregoing resolution was duly adopted at a regular
meeting of the City Council and the City Council as the Successor Agency to the
Community Redevelopment Agency of the City of Grand Terrace held on the 27" day of
March, fA
2012.
16a,
�JA1 O
Tracey R. artin z, City Clerk
Attachment 1
Illaw Recognized Obligations Payment Schedule (ROPS)
July 1, 2012 to December 31, 2012
'IN
r RECOGNIZED OBLIGATION PAY T SCHEDULE•CONSOLIDATED
FILED FOR THE JULY 1.2012 to DECEMBER 31.2012 PERIOD
Name of Successor Agency CITY OF CRAM]TFRRACE AS S1rCCFSSOR AGENCY TO
COMMUNITY REDEVEI OcUFNT ACFNCY OF CRANDT TER C -RR34
I Current
ITotd OutsWtling l Total Due
atl Debt or Obllaon During Fiscal Year.
Outstanding Deb[orObligation P I $ 166 813 959 00I $ 1089728809
Total Due for SW
Month Period ( ear f
\\ \ /
Outstarhdina Dabtor Obligation I $ 7,4484.989.00 € %
Available Revenues other then anticipaw funding from RPTTF RPTTF f 2,090.21300 f
Enforceable Obilgatione paid Met RPTTF f 3,839,776 00 \ /
Admtisli all.Cost paid with RPTTF f 250,W.1
Pass Mrounh Pavments Paid with RPTTF $ 1 305.000 00 f E
.. .
AdmiNebatlVeAllowance l9.Nb%NaraclpaktlrWmg hom eb-. w 2FA.tCO.Nme'l N.Ad Yone .0 iAli pamllvagh paymaRs made wlNRGTfF. TMRPTTF AtlminiMtiva Cort � \
fivure above alWtlMnceeE Nlc AEmlMs4aWeCM Pllow•a,ce
Calli icat.of Oversight Board Chairman'.
Pursuant to Sectim 34177(1)of Me HeAlth and Safety code,
I hereby certify tat the above is a We and Accurate Recognized Name Title
Enforceable Payment Schedule for the above named agency.
Signature Dete
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