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OB - 2012-0007 - Authorizing the Submission of the Housing Asset Information as Required by Health and Safety Code Section 34176 a.2RESOLUTION: 2012 -0007 A RESOLUTION OF THE OVERSIGHT BOARD FOR THE SUCCESSOR AGENCY TO THE ROSEMEAD COMMUNITY DEVELOPMENT COMMISSION AUTHORIZING THE SUBMISSION OF THE HOUSING ASSET INFORMATION AS REQUIRED BY HEALTH AND SAFETY CODE SECTION 34176(a)(2) WHEREAS, California Health and Safety Code section 34176(a)(2) requires that each entity assuming the housing functions of the former redevelopment agency submit to the Department of Finance by August 1, 2012, a list of all housing assets; and WHEREAS, Section 34176(a)(2) also requires that the listing of assets include an explanation of how each asset meets the criteria specified in subdivision (e) of Section 34176; and WHEREAS, Section 34176(a)(2) also requires that the list shall include all assets transferred between February 1, 2012 and the date upon which the list is created. NOW THEREFORE, THE OVERSIGHT BOARD FOR THE SUCCESSOR AGENCY TO ROSEMEAD COMMUNITY DEVELOPMENT COMMISSION HEREBY RESOLVES: 1. The City of Rosemead, serving as the Successor Agency for the former housing functions of the Rosemead Community Development Commission, did not make any transfers of assets between February 1, 2012 and the date upon which this Resolution was adopted. 2. The City of Rosemead, serving as the Successor Agency for the former housing functions of the Rosemead Community Development Commission, does not have any reportable housing assets as defined by Health and Safety Code Section 34176(e). 3. The Oversight Board for the Rosemead Successor Agency authorizes the Assistant City Manager for the City of Rosemead to file the necessary reports as provided by the Department of Finance to meet the requirements of Health and Safety Code Section 34176(a)(2) prior to the August 1, 2012 deadline. PASSED, APPROVED AND ADOPTED this 18th day of July 2012. ATTEST: ry).4 4*--- MatthA E. Havikesworth Successor Agency Staff Assistant City Manager Chairperson , HEREBY CERTIFY that the above and foregoing resolution was duly passed and adopted by the Oversight Board for the Successor Agency to the Rosemead Community Development Commission at its special meeting held on the 18 day of July 2012, by the following vote, to wit: AYES: ALLRED, ALVAREZ, JONES, LASH, REDONDO- CHURHWARD, WALLACH NOES: NONE ABSENT: MILLER ABSTAINED: NONE Matti ew E. Mawkesworth Successor Agency Staff Assistant City Manager