SA AGD 20120221 SPC
SUCCESSOR AGENCY TO THE
RANCHO PALOS VERDES
REDEVELOPMENT AGENCY
AGENDA
SPECIAL MEETING
FEBRUARY 21, 2012
FRED HESSE COMMUNITY PARK, 29301 HAWTHORNE BLVD.
_____________________________________________________________________
CALL TO ORDER:
ROLL CALL:
NEXT RESOL. NO. SA 2012-01
APPROVAL OF AGENDA:
PUBLIC COMMENTS (On Items Listed on the Special Meeting Agenda):
REGULAR NEW BUSINESS:
A. Successor Agency Rules and Regulations (Downs)
Recommendation:
STAFF RECOMMENDS THAT THE CITY COUNCIL,
ACTING AS THE GOVERNING BODY OF THE SUCCESSOR AGENCY,
ADOPT RESOLUTION NO. 2012-__, A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF RANCHO PALOS VERDES ACTING AS THE GOVERNING
BODY FOR THE SUCCESSOR AGENCY TO THE RANCHO PALOS VERDES
REDEVELOPMENT AGENCY PURSUANT TO PART 1.85 OF DIVISION 24 OF
THE CALIFORNIA HEALTH AND SAFETY CODE ESTABLISHING RULES AND
REGULATIONS FOR THE OPERATIONS OF THE SUCCESSOR AGENCY AS
A NEW LEGAL ENTITY SEPARATE FROM THE CITY AND TAKING CERTAIN
ACTIONS IN CONNECTION THEREWITH.
B. Creation of Redevelopment Obligation Retirement Fund (Downs)
Recommendation:
ADOPT RESOLUTION NO. SA 2012-__, A RESOLUTION
OF THE BOARD OF DIRECTORS OF THE SUCCESSOR AGENCY TO THE
RANCHO PALOS VERDES REDEVELOPMENT AGENCY, CREATING A
REDEVELOPMENT OBLIGATION RETIREMENT FUND PURSUANT TO
HEALTH AND SAFETY CODE SECTION 34170.5 AND TAKING CERTAIN
ACTIONS IN CONNECTION THEREWITH.
C. Adoption of Enforceable Obligation Payment Schedule (Downs)
Recommendation:
ADOPT RESOLUTION NO. SA 2012-__, A RESOLUTION
OF THE BOARD OF DIRECTORS OF THE SUCCESSOR AGENCY TO THE
RANCHO PALOS VERDES REDEVELOPMENT AGENCY, ADOPTING AN
ENFORCEABLE OBLIGATION PAYMENT SCHEDULE PURSUANT TO
HEALTH AND SAFETY CODE SECTION 34177 AND TAKING CERTAIN
ACTIONS IN CONNECTION THEREWITH.
D.Local Agency Investment Fund Authorization (Downs)
Recommendation:
ADOPT RESOLUTION NO. SA 2012-__, A RESOLUTION
OF THE BOARD OF DIRECTORS OF THE SUCCESSOR AGENCY TO THE
RANCHO PALOS VERDES REDEVELOPMENT AGENCY, AUTHORIZING THE
INVESTMENT OF SUCCESSOR AGENCY MONEYS IN THE LOCAL AGENCY
INVESTMENT FUND OF THE STATE OF CALIFORNIA AND TAKING
CERTAIN ACTIONS IN CONNECTION THEREWITH.
E. Adoption of Recognized Obligation Payment Schedule (Downs)
Recommendation:
ADOPT RESOLUTION NO. SA 2012-__, A RESOLUTION
OF THE BOARD OF DIRECTORS OF THE SUCCESSOR AGENCY TO THE
RANCHO PALOS VERDES REDEVELOPMENT AGENCY, APPROVING A
DRAFT INITIAL RECOGNIZED OBLIGATION PAYMENT SCHEDULE
PURSUANT TO HEALTH AND SAFETY CODE SECTION 34177 AND TAKING
CERTAIN ACTIONS IN CONNECTION THEREWITH.
ADJOURNMENT:
Adjourn to a time and place certain only if you wish to meet prior to
the next regular meeting of the Successor Agency.
American with Disabilities Act: In compliance with the Americans with Disabilities Act of 1990, if you require a
disability-related modification or accommodation to attend or participate in this meeting, including auxiliary aids or
services, please call the City Clerk’s Office at 310 544-5208 at least 48 hours prior to the meeting.
NOTE: Staff reports are available for inspection at City Hall, 30940 Hawthorne Boulevard during regular business
hours, 7:30 A.M. to 5:30 P.M. Monday – Thursday and 7:30 A.M. to 4:30 P.M. on Friday. The agenda and staff
reports can also be viewed at Hesse Community Park, 29301 Hawthorne Boulevard during regular business hours:
Monday – Friday from 9:00 A.M. until dusk; Saturday and Sunday from 10:00 A.M. until dusk.
Written materials, including emails, submitted to the City are public records and may be posted on the
City’s website. In addition, City meetings may be televised and may be accessed through the City's
website. Accordingly, you may wish to omit personal information from your oral presentation or written
materials as it may become part of the public record regarding an agendized item.
Materials related to an item on this Agenda submitted to the Agency after distribution of the agenda packet are
available for public inspection at the front counter of the lobby of the City Hall Administration Building at 30940
Hawthorne Boulevard, Rancho Palos Verdes during normal business hours.
You can also view the agenda and staff reports at the City’s website www.palosverdes.com/RPV.
W:\2012 CITY COUNCIL RDA AGENDAS\20120221 SA AGENDA Spec Mtg.doc
Successor Agency to the Rancho Palos Verdes
Redevelopment Agency
Special Meeting Agenda
February 21, 2012
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