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CC - Item 7A - Minutes 8-24-11Minutes of the Community Development Commission and City Council Special Meeting August 24, 2011 The Special meeting of the Rosemead Community Development Commission order by Mayor Ly at 6:06 p.m, in the Rosemead City Council Chamber IocatE Boulevard, Rosemead, California. PRESENT: Chair/ Mayor Ly, Vice - Chair/ Mayor Pro Tern Armenta, and Clark ABSENT: Council Member Low STAFF PRESENT: City Manager Allred, City Attorney Richi Director of Finance Brisco, Director of Parks and Recreation 1. PUBLIC COMMENTS FROM THE AUDIENCE- None 2. MATTERS FROM EXECUTIVE A. Enforceable Obligations Payment :y Council was called to 38 East Valley Members Alarcon, Manager Hawkesworth, and City Clerk Molleda On August 11;2011, in response to a lawsuit filed by the League of California Cities and the California Redevelopment Association, the California Supreme Court issued a stay on the implementation of AB 1X 26 and its companion legislation AB 1X 27. AB 1X 26 mandates the elimination of redevelopment agencies by October 1, 2011, while AB 1X 27 allows for the continuation of redevelopment agencies indefinitely if a city agrees to participate in a Voluntary Alternative Redevelopment Program by making significant annual financial payments to the State. The Rosemead City Council has previously adopted an Ordinance to participate in the Voluntary Alternative Redevelopment Program. Last week, on August 17, 2011, the Supreme Court issued an order modifying its stay on AB 1X 26 -27 to clarify ambiguities. The Supreme Court's most recent order makes it clear that all redevelopment agencies must approve an Enforceable Obligation Payment Schedule (EOPS) prior to August 29`, 2011. Accordingly, the Community Development Commission Board will consider approval of the required EOPS for the remainder of 2011. Recommendation: That the Community Development Commission approve the required EOPS for the remainder of 2011. Rosemead Community Development Commission and City Council Special Meeting Minutes of August 24, 2011 Page 1 of 2 IUM NO. City Attorney Richman stated that on August 11th the Supreme Court issued its stay regarding legislation dealing with the demise of Redevelopment or the opt -in option. Previously it was not clear if cities that had adopted their opt -in ordinance had to adopt an enforceable obligation schedule. Clarification has now been provided and the Supreme Court stated that cities are to adopt an enforceable obligations schedule by August 28th. Mrs. Richman explained that staff worked on a schedule on the city's standing obligations and once adopted the payment schedule will be sent to various State entities and the County Auditor. Also, the California Redevelopment Association has asked for clarification from the Supreme Court as to whether cities that have adopted their opt -in ordinances were exempt from the stay of AB 1 X 26. Juan Nunez — asked since Council previously adopted an ordinance to opt - involuntary, does the City have the money to pay the obligation payments. Mayor Ly replied yes, the City did have the money to pay the Mr. Nunez — asked if the City will impose a tax on residents, to pay for the enforceable Mayor Ly clarified that the City will not enforce a tax to residents to help pay the State. Vice-Chair/Mayor Pro Tern Sandra Armenta made a motion, seci William Alarcon to approve the required Enforceable Obligation Yes: Alarcon, Armenta, Clark, 3. MATTERS 4. No: None Abstain:I Absent: L The meeting adjourned at 6:11 p.m. The Council meeting is scheduled to take de COUNCIL - None Commissioner /Council Member ent Schedule. Vote resulted in: egular joint Community Development Commission and City September 13, 2011 at 6:00 p.m. and 7:00 p.m., respectively. Steven Ly Mayor ATTEST: Gloria Molleda, City Clerk Rosemead City Council and Community Development Commission Special Meeting Minutes of August 24, 2011 Page 2 of 2