SPECIAL CITY COUNCIL and
AVALON COMMUNITY IMPROVEMENT AGENCY MEETINGS
MONDAY, JANUARY 30, 2012 – 5:15 P.M.
CITY COUNCIL CHAMBERS
410 AVALON CANYON ROAD, AVALON
A G E N D A
In compliance with the Americans with Disability Act, if you need special assistance to participate in this meeting, please contact Denise Radde, City Clerk (310) 510-0220. Notification 48 hours prior to the meeting will enable the City to make reasonable arrangements to ensure accessibility to this meeting. (28 CFR 35. 102-35.104 ADA Title II). All public records relating to an agenda item on this agenda are available for the public inspection at the time the records are distributed to all, or a majority of all, members of the City Council. Such records shall be available at City Hall located at 410 Avalon Canyon Rd.
CITY COUNCIL AGENDA
CALL TO ORDER / PLEDGE OF ALLEGIANCE / INVOCATION / ROLL CALL
PUBLIC COMMENT
CONSENT CALENDAR -None
CLOSED SESSION
CONFERENCE WITH LEGAL COUNSEL--ANTICIPATED LITIGATION
Significant exposure to litigation pursuant to subdivision (b) of Section 54956.9
GENERAL BUSINESS
1. Consideration of Whether or Not to Retain the ACIA’s Housing Assets and if Not, a Determination of Where to Transfer the ACIA’s Housing Assets and Responsibilities. Consideration of Resolutions on the Status of the Housing Authority of the City of Avalon
Due to the Supreme Court’s decision to abolish all Redevelopment Agencies throughout the State effective February 1, 2012, the Avalon Community Improvement Agency (ACIA) will be dissolved as of February 1, 2012. The City of Avalon acting as the successor agency will “wind up” the business of the ACIA. The City is now faced with a decision on how to proceed with the housing assets and functions previously performed by the Agency.
Recommended Action
Discuss all options and adopt one of the resolutions presented, on or before January 31, 2012.
(1) Electing to retain the housing assets and functions previously performed by the Avalon Community Improvement Agency pursuant to part 1.85 of division 24 of the California Health and Safety Code;
(2) Electing not to retain such housing assets and functions and designating the Housing Authority of the City of Avalon as the entity to assume the housing assets and functions. If this option is chosen, a resolution on the status of the Housing Authority of the City of Avalon should be adopted;
(3) Electing not to retain such housing assets and functions and designating the Housing Authority of the County of Los Angeles as the entity to assume the housing assets and functions. If this option is chosen, a resolution dissolving the Housing Authority of the City of Avalon should be adopted.
2. Consideration of Resolutions for the Avalon Community Improvement Agency to Authorize the City of Avalon, as its Successor Agency, to Deposit or Withdraw Agency Monies in the Local Agency Investment Fund (LAIF) upon the Agency’s Dissolution Pursuant to AB 1X 26 and for the City of Avalon to Accept Such Authorization.
The State Treasurer’s Office issued a notice to California public agencies regarding how the transition of redevelopment operations to a successor entity may affect their accounts with the Local Agency Investment Fund (LAIF). The State Treasurer’s Office has asked all agencies with LAIF accounts to provide: (1) information regarding the identity of the successor entity that will be taking over redevelopment operations, and (2) contact information for the person(s) at the successor entity who will work with the State Treasurer's Office to get new authorization documents in place as soon as possible.
That the City of Avalon, as the successor agency to the Avalon Community Improvement Agency, adopts the resolution affirming the Avalon Community Improvement Agency’s authorization for the City to invest dissolved Agency monies in the Local Agency Investment Fund and authorizing City officers to deposit or withdraw monies in the Local Agency Investment Fund.
Adjourn to the Avalon Community Improvement Agency (ACIA)
ACIA AGENDA
CALL TO ORDER/ROLL CALL
1. Resolution of the Avalon Community Improvement Agency Adopting an Amended Enforceable Obligation Payment Schedule (EOPS) and an Amended Preliminary Draft of the Initial Recognized Obligation Payment Schedule (ROPS)
Health and Safety Code Sections 34161 through 34169.5 preclude redevelopment agencies from incurring new indebtedness, transferring assets, and acquiring real property, entering into new contracts, modifying existing contracts, and adopting or amending redevelopment plans. The Agency adopted an EOPS on August 16, 2011 by
Resolution ACIA 11-07 and an amended EOPS on January 17, 2012 by Resolution ACIA 12-01. A Recognized Obligation Payment Schedule was adopted on September 20, 2011 by Resolution ACIA 11-10
Discuss and adopt resolution adopting an amended Enforceable Obligation Payment Schedule and An Amended Preliminary Draft of the Initial Recognized Obligation Payment Schedule.
2. Consideration of Resolutions for the Avalon Community Improvement Agency to Authorize the City of Avalon, as its Successor Agency, to Deposit or Withdraw Agency Monies in the Local Agency Investment Fund upon the Agency’s Dissolution Pursuant to AB 1X 2626 and for the City of Avalon to Accept Such Authorization.
That the Avalon Community Improvement Agency adopt the following resolution identifying the City of Avalon as the successor agency to the Avalon Community Improvement Agency, authorizing investment of monies in the Local Agency Investment Fund and authorizing certain successor agency officers to deposit or withdraw monies in the Local Agency Investment Fund.
Adjourn the ACIA meeting.
Adjourn the City Council Meeting
NOTICE OF POSTING
I, Denise Radde, declare that the Special Joint City Council and Avalon Community Improvement Agency Agendas for Monday, January 30, 2012 were posted on Friday,
January 27, 2012, on the City’s website www.cityofavalon.com and at City Hall, 410 Avalon Canyon Road. Copies of the agenda and staff reports are available at City Hall.
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Denise A. Radde, City Clerk/Agency Secretary/ Assistant to the City Manager