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06/23/2014 WHEREAS, AB 1X 26 provides that successor agencies be designated as successor entities to the former redevelopment agencies, and provides that, with certain exceptions, all authority, rights, powers, duties and obligations previously vested with the former redevelopment agencies, under the CRL, are vested in the successor agencies; and WHEREAS, on January 23, 2012, the City Council adopted Resolution No. 15164 confirming its election to serve as the successor agency to the former Agency; and WHEREAS, AB 1X 26 further provides that the successor agency's activities are subject to review and approval by an oversight board ("Oversight Board"), which shall be created for each dissolved redevelopment agency; and WHEREAS, the Oversight Board is to be comprised of seven political appointees from affected local taxing entities and the community that established the redevelopment agency, including one member to be appointed by the Mayor for the city that formed the redevelopment agency, and one member to be appointed by the Mayor representing the employees of the former redevelopment agency; and WHEREAS, at its meeting of June 23, 2014, the Mayor of the City of Redwood City announced the appointment of Deanna La Croix, a member of the Redwood City Management Employee Association, the largest recognized employee organization supported by the former Redevelopment Agency, to serve as the representative for the employees of the former Agency; and WHEREAS, the Council desires to confirm the Mayor's appointment of Deanna La Croix to serve as the representative of the former Agency; and WHEREAS, all other legal prerequisites to the adoption of this Resolution have occurred. THE CITY COUNCIL OF THE CITY OF REDWOOD CITY; DOES HEREBY RESOLVE AS FOLLOWS: Section 1. Recitals. The Recitals set forth above are true and correct and incorporated herein by reference. ATTY/RE50.2996/CC OVERSIGHT BOARD APPOINTMENT RESO.#15355 REV:06-13-14 PT MUFF#301 Page 2 of 3