HomeMy WebLinkAbout114-2012SARESOLUTION NO.114- 2012SA
APPROVING AND ADOPTING THE THIRD RECOGNIZED OBLIGATION
PAYMENT SCHEDULE FOR THE TOWN OF DANVILLE ACTING AS THE
SUCCESSOR AGENCY TO THE FORMER COMMUNITY DEVELOPMENT
AGENCY OF THE TOWN OF DANVILLE AND APPROVING THE
ADMINISTRATIVE BUDGET FOR THE SUCCESSOR AGENCY FOR THE PERIOD
FROM JANUARY 1 THROUGH JUNE 30, 2013
WHEREAS, pursuant to the California Community Redevelopment Law (Health and
Safety Code Section 33000 et seq.; the "Redevelopment Law "), the Town Council (the
"Town Council ") of the Town of Danville (the "Town ") previously adopted the
Redevelopment Plan for the Downtown Danville Redevelopment Project (the
"Redevelopment Plan "); and
WHEREAS, the Redevelopment Plan had been implemented by the Community
Development Agency of the Town of Danville (the "CDA "); and
WHEREAS, ABx1 26 was enacted on June 28, 2011 and was subsequently amended
with the adoption of AB 1484 (collectively, the "Dissolution Act "); and
WHEREAS, on January 10, 2012, acting in accordance with Health and Safety Code
Sections 341710) and 34173, the Danville Town Council adopted Resolution No. 6 -2012,
accepting the designation to serve as the Successor Agency to the CDA; and
WHEREAS, pursuant to the Dissolution Act, the CDA was dissolved as of February 1,
2012, at which time the assets and payment obligations (defined in the Dissolution Act
as "Enforceable Obligations ") of the CDA were transferred to the Town, acting in its
capacity as Successor Agency; and
WHEREAS, pursuant to the Dissolution Act, the Successor Agency is required to adopt
a Recognized Obligation Payment Schedule ( "ROPS ") twice per year, setting forth the
Enforceable Obligations of the Successor Agency for the coming six month period; and
WHEREAS, the Town, acting in its capacity as Successor Agency, has adopted and had
approved, with modifications by the California Department of Finance ( "DOF "), the
First and Second ROPS covering the period from January 1, 2012 through December 31,
2012; and
WHEREAS, the Successor Agency is required to adopt a Third ROPS covering the
period from January 1, 2013 through June 30, 2012; and
WHEREAS, pursuant to Health and Safety Code Section 341770), the Successor Agency
must prepare an administrative budget for its general administrative costs and
expenses for each six month period (the "Administrative Budget "). Pursuant to Health
and Safety Code Section 34171(b), the administrative budget shall be the greater of three
percent (3 %) of the Redevelopment Obligation Retirement Fund allocated to the
Successor Agency or $250,000, unless reduced by the Oversight Board or a lower
amount is agreed to by the Successor Agency; and
WHEREAS, both the Third ROPS and the Administrative Budget must be submitted to
the Oversight Board for approval; and
WHEREAS, the Town Council has reviewed and duly considered the Staff Report, the
Third ROPS, the Administrative Budget and documents and other evidence presented
at the meeting; now, therefore, be it
RESOLVED, that the Danville Town Council, acting as the Successor Agency to the
former Community Development Agency of the Town of Danville, 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 Danville Town Council, acting as the Successor Agency to the
former Community Development Agency of the Town of Danville, hereby approves and
adopts the Third Recognized Obligation Payment Schedule, attached hereto as Exhibit
1; and, be it further
RESOLVED, that the Danville Town Council, acting as the Successor Agency to the
former Community Development Agency of the Town of Danville, authorizes and directs
the Town Manager to: (1) present the Third ROPS to the Successor Agency's Oversight
Board for consideration of approval; (2) provide a copy of the Third ROPS to the
County Administrator, County Auditor - Controller and the State Department of Finance
at the same time as presented to the Oversight Board; (3) once approved by the
Oversight Board, provide an approved copy of the Third ROPS to the County Auditor -
Controller, the State Department of Finance, and the State Controller and to post the
Third ROPS on the Town website; and (4) to take such other actions and execute such
other documents as are necessary to implement the Third ROPS on behalf of the Town,
as Successor Agency; and, be it further
RESOLVED, that the Danville Town Council, acting as the Successor Agency to the
former Community Development Agency of the Town of Danville, hereby approves the
Administrative Budget for the period from January 1, 2013 through June 30, 2013, attached
hereto as Exhibit 2; and, be it further
RESOLVED, that the Town Manager is directed to: (1) provide a copy of the
Administrative Budget to the County Auditor - Controller; and (2) submit the
Administrative Budget to the Oversight Board for consideration of approval.
PAGE 2 OF RESOLUTION NO. 114- 2012SA
APPROVED by the Danville Town Council, acting as the Successor Agency to the
former Community Development Agency of the Town of Danville, at a regular meeting
on August 14, 2012, by the following vote:
AYES:
NOES:
Arnerich, Storer, Doyle, Stepper
None
ABSTAINED: None
ABSENT: None
APPROVED AS TO FORM:
CITY ATTORNEY
ATTEST:
P
CITY CLERK
PAGE 3 OF RESOLUTION NO. 114- 2012SA
Cn Cl) Cn Cl)
m m m m
0 0 0 0
O O O O
= D = D
CL QCL Q
nC - )00
O O O O
v v v v
0-0-00.
m - o -�z
0 m 3
v � CD
Qz
Q�
1 3
CD a-
cn m
!J� n
� N
� � D
W0
O
W m
� W
<. co
= W
m
"ME
O
a
(D
m
0 0 D m m
O O
3 3
+ 0 co
m -� C
o
�o :
=m
D z -
CL z
v
CDs 3
(n CD m
CD cn -1m
Q cn
O W v 0 m
CD
A
v 0 CL
< -' O
0
(D v
n �
N 0
Q �
O <
CD
C)
D
co
N
07
0 v
c 3
CD
O
-h
cn
c
0
n
(D
U)
O
D
cn
m
w
v
O
v
O
v
CD
cn
c
0
0
y
y
0
a
CD
0
0
l<
n
0
m
a
0
0
o'
Cr =r C: (D
cn -,
"
w CD c -:;
6 w 0
n v
O O
�Z o
(D3 0
w 0 <
CD
�.
c ( 4�.
(3D w v -
Q- o v co
m ( 3 n
in O Q
, w - ^n
g ir
CD c (D
w (D z 3
Cr w 3
(D Q 7
=3
w 0 7
3 c a
(D v Cn
CD
(fl X CD
0 0
(n Q
7 (D
N
(D
,z
T
Z
w
3
w
m
w
-4
m
Z
CD
O
-h
Gn
c
n
n
CD
N
N
O
to
CD
n
o_
w
(D
CD
CL
O
(D
L
C
w
N
O_
W
O
C-
c
CD
W
O
IV
O
w
CD
o'
Q
m
Z
m
v
c
r
m
v
0
O
;K
- 2 G)
p'
71 m
C7 ao D
rt
�
CD
rt
D
Dmmm
CD
<m --i
> mD
rt
O
w v
v 3 0 �'
0
(D
3'
^*
D D m
CL
CD
o -� C)
o�
=.
O
CD
(D O
- U w (D
CD
�
CD
O
CD
s
G CD (D
<
C
'~
r.
o D 0
0
X r'
O<
N
O
o
Q. (-D
m
n aS cD
c D =
�:
(D
a
(D v 0-
N
!� o o.
Q
rn 0 v CD
Q.
-�
-n
� � � a
°
�'
� � O
a w
Z3 � �
5
(Q
to
a�
v U) =
n�
k �
W (n
v
C
�o
3 ua�
^'
+
O
3
cr
C
3 Q
II
O
0 -0
v
O_ (D w
0- =3
_CD 3a
T
�� (°
a g D
O
_ m CD
C
;a p��
a
cr
--I
3 =
=r
o
m
-
�o
w
c
o °'
-n O
a
( 3 -n
—
Q- (Q
3 cn
� 5'
(Q
–�
o
m
° �
TI
T
D
c a•
=3 CD
B
3
O
^' +
a
N
�
k
G) co
a
CD +
(o
<
Q (7
_ CD
N
y II
+
m
o
_
zr
cn
m
�
�
Q
v m
�
y �
-
a
T
a
O
c
Q
n
z
a
N
X .
0
n,
o
W
v
0
_
o
CY)
v
o 0
(n
O O
0
O
a
Q
V
N N
v
V
V V
�
D)
(Jf
W
A
V
A A W
O
at
Q
"• F
4"
jpa
7 (O
o) co
A.
O
�
O
�
— (:)
O O
O
O
O O O
N
Z
CD
O
-h
Gn
c
n
n
CD
N
N
O
to
CD
n
o_
w
(D
CD
CL
O
(D
L
C
w
N
O_
W
O
C-
c
CD
W
O
IV
O
w
CD
o'
Q
m
Z
m
v
c
r
m
X
m
0
^ 0 ^
Y!
Z
`v
C) W
� 0
O 0
w Z
0>
�n �
=r
C— z
c -i
SD N
n
O =
m
N D
o
w r
m
X
0
O N
� CD
I CD
.. O
C
0
N
cn
0
(�
(D
7
n
0
7 '
0
0
N'
C
3
N
N
N
A
A
A
A
A
A
A
A
A
A
W
W
W
W
W
W
W
W
W
W
N
N
N
N
N
N
N
N
N
N
N
O
(D
co
V
CD
N
A
W
N
O
(D
w
V
O)
N
A
W
N
O
(D
M
V
M
N
A
W
N
CD
(O
O
V
W
N
A
W
N
O
co
co
V
O)
N
A
W
N
—
p
C
O
N O
0
M O
p�j O
d
O
3
a o
m
0
<
y
m m
3 m
w C7
G'
D
o
3 Q
0 a,
Z
CD
m
J
0' N
�' N
SD
(
3
2
3 0
(D (
(o c
3 0
D
a
c
m
c -'
N
(D
cr
3
m
3
m
Q
l
m
y
N
o
Y
N
0
N
0
y
3
N
3
N
7
X
N
O
CD n
n (�
a
cn
zt
O
O
O
O
7 (O
N
N
SD (D
(D 3
N
7
-I O
(D 7
C
C
N
\
Qo
3 SU
7
�
N
N
N
5711 D
N
N
N
(0
N
N
Q
7 SD
N
co
m
(D
DI 3
(D N
7
0
W
f
�
O
O
J
O
a
>
>
D O
d
o
o
G
°
N
(0
n
Q
G
<
0
.� TI
°
J
O
`
G
CD
(D
3
> ID
F a
� w
n n
m � �
m J•
a
£_
�
(0
o : :p
J< N
}
O
O
O a N
'O
J (O y
o a
, d N
(0
a
3
<
o
a c
m o
( o n o
(�
y<
m' o
o
rD
a ..,
a
o^ o
O
J O.
ID
N
N
N D J
f
N a �
00
O
CD C J
y O N "y"
n (,� f0
CD
m
m D
tv ° o
0
v c y
m
H
Vt p, O
O ( J
n o O C
m q
O J O
�2 ,
N O
3'^ s
O
m'
m
m °
m°
v
m m d
w o, v
J
°n 00
0 m
3
o (n 3
o y
'< y p
o n D'
O m
(D c o,
0 d^
Cn
n
Q O
o
a A
J
0 �
j d
<< � �+
O
m'- m
A
= u c
O
O (p y
0
E?
°
D0 2.
cl) o
°
°
3ID
(D c
O O
m m
?
O
3 g a
c m o
y
m
o d
ID
N O
m
0
0
0
0
0
0
>
0
>
0
>
0
>
0
o
D 0
D 0
D£
D 0
D 0
0
a
a
a
m CD
a
a
CD
d
No0
0
v
�I
N
c0
O
A
O
N
Q N,
CD
0' O
o
n
T
co
A
O
J
O
J
O
N
N
O
G
7
>
j
N
O
O
N
6A
EA
(n
In
d)
O
?1 p1
N N -
N
n
w
w
N
O
N C
ON
O O
O
O
O
N
N
O
O)
Ol
O
O
v
N
O
W
W
O)
W
N C
7
fA
r
T
n
69
T
O W
( j
CD n
y
(n
W
W N
N O
C1 2
CD (D
(fl
T
D
o D
a
CL
m 3
7
7
cn
CD
0
c
se
(n
(n
69
to
N
O
W
ao
A
w
w
A
N
O
O
O
O
0
co
O
O
O
p
O
O
W
Do
O
O
P)
O
O
T
EA
(})
O
W
W
O
O
O
O
O
O
O
O
N
�
69
(n
69
(n
69
(n
(n
X
W
O
W
O
V
O
7
W
W
OD
co
A
V
7
O
O
O
O
0
O
O
O
OOO
O
O
O
0
+
O
O
O
0
0
0
N
X
m
0
^ 0 ^
Y!
Z
`v
C) W
� 0
O 0
w Z
0>
�n �
=r
C— z
c -i
SD N
n
O =
m
N D
o
w r
m
X
0
O N
� CD
I CD
.. O
C
0
N
cn
0
(�
(D
7
n
0
7 '
0
0
N'
N
m
n
O
O
z
N
m
v
O
r_
�O
d >
c p
°1 z
? D
O �
W m
z
=r —I
I
° c n
x
�m
�v
mm
o�
O
C) cn
W _
1
z
O
N
rw
L �-j
O�
o:
0 m
c 3
= cD
O
cn
c
cD
O
cQ
(D
_
n
0
_
0
0
v
CD
cn
3
4t
N
z
m
0
N o
o
m
u
=
n
v
O
O 0
3
�' �
3
CD
CD
N
O
CD
LU
_
(D
3 3
(n =
v n
n. N
N O
�
fD
d-
i CD
3
_
D O
`V 1
CD CD
= 0
Q CD
0 <.
cD 3
0 O
1 =
S
ti CD
n CD
0
W
O
O' O
C
Q o
o m
0- :
CD
Co
rn
m 3
0-0
v
3
cn O
CD v
a
m m
CD. 3
w
v<
Q�
c
v
., rn
0 �
1 =
_ (A
n Q
O �
0 - 0
CD
(D
N
(n N
� D
�3
c O
cn c
_
C
CD
U)
O O
y• �
_
�. c
O
=
O
c
cn
Om
m fD
1 CD
y�
C
_
�F
7 N
O N
CD
N Q
O
_
n
C
- �i
CD
(D
_
N
0
O
_
N
0
(D
3
_
Q)
(D
c
70
O
_
N
m
n
O
O
z
N
m
v
O
r_
�O
d >
c p
°1 z
? D
O �
W m
z
=r —I
I
° c n
x
�m
�v
mm
o�
O
C) cn
W _
1
z
O
N
rw
L �-j
O�
o:
0 m
c 3
= cD
O
cn
c
cD
O
cQ
(D
_
n
0
_
0
0
v
CD
.
O
m
n
O m c
Nvd
v y
O
`Z W D c
r.�D
v„
O W a
'. Z r
o'
-< >4
n
3 N (D
M (q < N
W o y m
0 2 D
m r
N m
Z
-4
cn
0 Z
o m
c 3
CD
O
cn
c
n
n
CD
N
N
O
(�
CD
d
m
7
i
T
0
0
0
0
0
3
r
O)
Ol
W
N
m
X Q
N V
C
N O
m 0
N O
p) (D
�' m
m
3
m
a) y
N
^. CD
N X
N N
G
.�
j C
C 0
m
O
D
J
? Q
D m
}
°
Z
v
CD
m
J
m m
tO ;0
m m
-
CD
CD
3 N
m<
3 N
N
m
c
O
FD
T
3
m
•J- m
W
m
m
5
3
m
m
3
N
J
N
J
^
O
Q
3
Y
m
(O
1
p
N
y
N
3
CD
J
J
3
m
J
j
3
o
w
o
o
c --I
0
3
0
o
�
m
<
<
<
<
FD
m
m
0
m
d
T
m
(D
O
J
m
ID
D_
0
0
m
�O
C I O
_
m
N
5' `< Q N 3
''!!
N y
O
O m m -0 d
O
S° t0 O N
•O (� O N
° m' d 3
° a
N J C
n$ 3 m °. m
°-' J v a
3 °-) y y
O
N
m W m '
f0 I d
(D .mJ.. N S O
N V 1 ,Q
j �O n,
N
�D
=; v a
o o T
0 0
w v
d d
m
E; 3
01 m <
N O
Q 2 o ;
d
Q N<
o
y g O
m m
C
O. F J
tG =.
o
n
m 6 N N
7
9 0
m a
t0 N
O j m •O N
N p
J o m
U)
7 m CT
ga =a3
a a
y. o.o
f,Q ^o.�
0
m Qio'c
n'm m
CD
D C
O
N n m = C
N
(n
m
1
J N J
0 N
G ?' m m
. N
- O N J Q
° a m O
T N 0 J
O D)
O
-O
y
0.
o
m 42
m_
J
m
°m(1
N
m
J
l0 J
j
0. O
0. O
O. O
O
0 . O
0.
CD
(D f
m g
m f
CD :E
m
0 }
0 O
a
a
a O
.
m
m
m
m
m
D
v
d
v
v
v
(p
n)
m
N_
N
CD
�n
n
D
d
69
m
d
W
(o
O
C
CL
v
O
EA
N
(D
D
°-
C
d
169
m
N_
D1
(D
m
m
(D
2
(D
Efl
�
D
D)
�
c
v
w
m
N_
3
D
D
a
(0
3
0
D
Fn
f
d
n
0
c
d
CD
En
s9
to
69
yi
m
V
w
N
V
W
3
(n
N
A
N
A
N
A
c
D)
O
O
O
O
O
O
O
O
O
O
O
O
(A
69
69
Efl
69
'n
w
D
4
(n
J
A
N
N
N
O
N
9)
O
O
N
(n
O
O
N
A
A
(O
69
ffl
fA
bq
m
_
O)
A
N
W
O)
(T
Ut
O
O
W
j
CD
O
O
O
O
O
S
69
69
69
fig
O
N +
W
O
O)
A
(T
Vl
C)
Cl)
C)
O
(O
O
O)
V
W
Vt
(O
A_
D)
-
O
O
O
O
O
O
O
O
.
O
m
n
O m c
Nvd
v y
O
`Z W D c
r.�D
v„
O W a
'. Z r
o'
-< >4
n
3 N (D
M (q < N
W o y m
0 2 D
m r
N m
Z
-4
cn
0 Z
o m
c 3
CD
O
cn
c
n
n
CD
N
N
O
(�
CD
SUCCESSOR AGENCY TO THE FORMER COMMUNITY DEVELOPMENT
AGENCY OF THE TOWN OF DANVILLE
ADMINISTRATIVE BUDGET
1/1/13- 6/30/13
Budget Item
Purpose
Estimated Cost
Bank of New York
Fiscal Agent for 2001 and 2005
$5,000
COP's and 2001 TRB's
Willdan Financial
Required annual disclosure
$1,700
Services
statements
Chandler Asset
Investment management fees (part
$200
Management
of pooled funds)
Contra Costa County
Property Tax and Sewer charge (125
$325+ $1,750
Tax Collector
Hartz Avenue)
Marcum, LLP
Financial audit for CDA/Successor
$10,000
Agency and LMHIF Audit
Goldfarb & Lipman
Legal Counsel to Successor Agency
$10,000
for dissolution/wind down issues
Town of Danville
Town staff and overhead costs
$71,345
Staff /Overhead Costs
necessary to administer Successor
Agency duties related to dissolution
and wind down
Total Budget
$N0,320