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OB - 2015-0008 - Approving and Adopting Revisions to the Long-Range Property Management Plans Pursuant to Health and Safety Code Section 34191.5RESOLUTION: 2015 -0008 A RESOLUTION OF THE OVERSIGHT BOARD FOR THE SUCCESSOR AGENCY TO THE ROSEMEAD COMMUNITY DEVELOPMENT COMMISSION APPROVING AND ADOPTING REVISIONS TO THE LONG -RANGE PROPERTY MANAGEMENT PLAN PURSUANT TO HEALTH AND SAFETY CODE SECTION 34191.5 WHEREAS, Pursuant to Health and Safety Code Section 34173(d), the City of Rosemead ( "City ") elected to become the successor agency to the Rosemead Community Development Commission ( "Successor Agency "); and WHEREAS, Pursuant to Health and Safety Code Section 34173(g), the Successor Agency is now a separate legal entity from the City; and WHEREAS, Health and Safety Code Section 34191.5(b) requires the Successor Agency to prepare a long -range property management plan ( "LRPMP ") that address the disposition and use of real properties of the former redevelopment agency; and WHEREAS, it was determined that the former Rosemead Community Development Commission did not hold title to any real property; a LRPMP was submitted indicating no property was held; and WHEREAS, on or about June 17, 2015 staff from the Department of Finance (DOF) notified City staff that they had identified a few minor revisions to the previously submitted LRPMP; and WHEREAS, City staff have been in regular communications with the DOF and has implemented the requested revisions to the LRPMP; and WHEREAS, on September 14, 2015, the Oversight Board of the Successor Agency to the Rosemead Community Development Commission, at a noticed public meeting, received and approved revisions to the LRPMP modifying Assessor Parcel No. 5283 - 016 -901 as Property #1 to the LRPMP. NOW THEREFORE, THE OVERSIGHT BOARD FOR THE SUCCESSOR AGENCY TO ROSEMEAD COMMUNITY DEVELOPMENT COMMISSION HEREBY RESOLVES: 1. The Recitals set forth above are true and correct and are incorporated into this Resolution by this reference. 2. The approval of the LRPMP through this Resolution does not commit the Successor Agency to any action that may have a significant effect on the environment. As a result, such action does not constitute a project subject to the requirements of the California Environmental Quality Act. 3. The Oversight Board hereby approves the revised LRPMP. 4. The proceeds from the sale of the property identified in the LRPMP as "Sale of Property" will be used to fulfill the enforceable obligations of the Successor Agency. 5. The Successor Agency is hereby authorized and directed to take any action necessary to carry out the purposes of this Resolution and comply with applicable law regarding the revised LRPMP, including submittal to the State of California Department of Finance for approval, and posting the approved LRPMP on the Successor Agency's website. PASSED, APPROVED AND ADOPTED this 14th day of September 2015. Chairperson ATTEST: Matth w E. Aawkesworth Successor Agency Staff Assistant City Manager CERTIFICATION I HEREBY CERTIFY that the above foregoing resolution 2015 -0008 was duly passed and adopted by the Oversight Board for the Successor Agency to the Rosemead Community Development Commission at its regular meeting held on the 14 day of September 2015, by the following vote, to wit: AYES: Allred, Jones, Lash, Wallach NOES: None ABSENT: Miller, Sotelo, Redondo - Churchward ABSTAIN: None Matl ew E. Hawkesworth Successor Agency Staff Assistant City Manager