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osizzizoi i <br /> ciry has determined not to participate in the Alternative Voluntary Redevelopment <br /> Program or if the City has not yet made such a determination; and <br /> WHEREAS, on July 18, 2011, the League of California Cities and the California <br /> Redevelopment Association and others filed a petition on behalf of cities, counties and <br /> redevelopment agencies asking the California Supreme Court to overturn AB 1X 26 and <br /> AB 1X 27; and <br /> WHEREAS, on August 11, 2011, the California Supreme Court agreed to hear <br /> the petition and issued a partial stay of enforcement of AB 1 X 26 and AB 1 X 27; and <br /> WHEREAS, the partial stay of enforcement has raised questions as to the <br /> actions the City and Agency can still take pursuant to AB 1X 26 and AB 1X 27; and <br /> WHEREAS, the City intends to but will not have adopted by September 1, <br /> 2011,an ordinance agreeing to comply with the Alternative Voluntary Redevelopment <br /> Program if a final determination is made upholding AB 1X 26 and AB 1X 27; and <br /> WHEREAS, should the City determine to comply with the Alternative Voluntary <br /> Redevelopment Program and adopt an ordinance in compliance with AB1X 27 (if <br /> upheld), there will no longer be a need for the City to serve as Successor Agency of the <br /> Agency; and <br /> NOW THEREFORE, BE IT RESOLVED BY THE COUNCIL OF REDWOOD <br /> CITY AND THE BOARD OF THE REDWOOD CITY REDEVELOPMENT AGENCY AS <br /> FOLLOWS: <br /> SECTION 1. Successor Aqencv. The City of Redwood City agrees to be the <br /> Successor Agency if it elects not to enter into the Voluntary Alternative Redevelopment <br /> Program. <br /> ., . . <br /> ATTY/RES02153/RDA SUCCESOR AGENCY RESO. # 15141 <br /> 081511 MUFF # 401 <br /> 2 <br />