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HomeMy WebLinkAbout086-2011RESOLUTION NO. 86-2011 APPROVING EXECUTION OF THE AGENCY TRANSFER PAYMENT AGREEMENT BETWEEN THE COMMUNITY DEVELOPMENT AGENCY OF THE TOWN OF DANVILLE AND THE TOWN OF DANVILLE WHEREAS, pursuant to the California Community Redevelopment Law (Health and Safety Code Section 33000 et sec .; the "Redevelopment Law "), the Town Council (the "Town Council ") of the Town of Danville (the "Town ") adopted in accordance with the Redevelopment Law, Ordinance No. 94 on July 14, 1986, adopting the Redevelopment Plan for the Downtown Redevelopment Project (the "Redevelopment Plan "); and WHEREAS, the Community Development Agency of the Town of Danville (the "Agency ") is responsible for implementing the Redevelopment Plan pursuant to the Redevelopment Law; and WHEREAS, ABX1 27 (the "Voluntary Program Act ") through the addition of Part 1.9 to the Redevelopment Law ( "Part 1.9 "), establishes a voluntary alternative redevelopment program whereby the Agency is authorized to continue to exist upon the enactment of an ordinance by the Town to comply with Part 1.9, including payment of an annual remittance to the County- Auditor Controller (the "Continuation Ordinance "); and WHEREAS, on August 11, 2011, the California Supreme Court (the "Court ") agreed to review the California Redevelopment Association and League of California Cities' petition challenging the constitutionality of the Redevelopment Restructuring Acts and issued an order granting a partial stay on specified portions of the Redevelopment Restructuring Acts, as modified on August 17, 2011 (the "Stay "), including a stay of the provisions of the Voluntary Program Act; and WHEREAS, the Town has enacted the Continuation Ordinance prior to consideration of this Resolution, conditioned upon the lifting of the Stay and the Court's determination that the Voluntary Program Act is constitutional; and WHEREAS, Section 34194.2 of the California Redevelopment Law authorizes the Agency to enter into an agreement with the Town whereby the Agency agrees to transfer a portion of its tax increment to the Town, in an amount not to exceed the annual remittance required under Chapter 3 of Part 1.9 of the Redevelopment Law to the County Auditor - Controller; and WHEREAS, for reasons further set forth in the staff report accompanying this Resolution (the "Staff Report "), the Town and the Agency desire to enter into an agreement, whereby the Agency will transfer to the Town sufficient funds to make the annual remittance required under Chapter 3 of Part 1.9 of the Redevelopment Law, and the Town will make the annual remittances to the County Auditor - Controller in satisfaction of the requirements under Chapter 3 of Part 1.9 of the Redevelopment Law (the "Agency Transfer Payment Agreement "); and WHEREAS, as fully set forth in the Agency Transfer Payment Agreement (the "Agreement "), the Agreement will be immediately binding upon the parties, but the operation of its terms will be conditioned upon the lifting of the Stay and the Court's determination that the Voluntary Program Act is constitutional; and WHEREAS, under Title 14 of the California Code of Regulations, Section 15378(b)(4) the approval of the Agency Transfer Payment Agreement is exempt from the requirements of the California Environmental Quality Act ( "CEQA "), in that it is not a project, but instead consists of the creation and continuation of a governmental funding mechanism and does not commit funds to any specific project or program; and WHEREAS, the Town Council has reviewed and duly considered the Staff Report, documents and other written evidence presented at the meeting; now, therefore, be it RESOLVED, that the Danville Town Council finds that the above Recitals are true and correct and have served, together with the supporting documents, as the basis for the findings and approvals set forth below; and, be it further RESOLVED, that the Town Council hereby approves the Agency Transfer Payment Agreement and authorizes the Town Manager to execute on behalf of the Town the Agreement, substantially in the form on file with the City Clerk and the Agency Secretary and with such revisions thereto as may be approved by the City Attorney; and, be it further RESOLVED, that the Town Council authorizes the Town Manager to take such other actions and execute such other documents as are appropriate to effectuate the intent of this Resolution and to implement the Agreement on behalf of the Town. PAGE 2 OF RESOLUTION NO. 86-2011 APPROVED by the Danville Town Council at a regular meeting on September 20, 2011, by the following vote: AYES Stepper, Andersen, Arnerich, Doyle, Storer NOES: None ABSTAINEDkone ABSENT: None APPROVED AS TO FORM: CITY ATTORNEY - � � . l►�� ATTEST: CITY CLERK PAGE 3 OF RESOLUTION NO. 86-2011