RD 11-07 - Laserfiche WebLink

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oaizzizo>> " controller, the State Controller, and the State Department of Finance if the city has determined not to participate in the Alternative Voluntary Redevelopment Program or if the City has not yet made such a determination; and WHEREAS, on July 18, 2011, the League of California Cities and the California Redevelopment Association and others filed a petition on behalf of cities, counties and redevelopment agencies asking the California Supreme Court to overturn AB 1X 26 and AB 1X 27; and WHEREAS, on August 11, 2011, the California Supreme Court agreed to hear the petition and issued a partial stay of enforcement of AB 1X 26 and AB 1X 27; and WHEREAS, the partial stay of enforcement has raised questions as to the actions the City and Agency can still take pursuant to AB 1X 26 and AB 1X 27; and WHEREAS, the City intends to but will not have adopted by September 1, 2011,an ordinance agreeing to comply with the Alternative Voluntary Redevelopment Program if a final determination is made upholding AB 1X 26 and AB 1X 27; and WHEREAS, the Agency has prepared the Enforceable Obligations Payment Schedule, attached hereto as Exhibit A; and WHEREAS, the Enforceable Obligation Payment Schedule contains the project name, payee, description of the obligation, payment amounts obligated for all of FY 2011/12, and by month through December 2011; and WHEREAS, Agency and City staff have reviewed the various obligations of the Agency and determined the obligations that are enforceable obligations as defined in the AB1X 26; and ATTY/Reso2154,(RDA) Enforceable Obligations Payment Schetlule � RD RESO. # 11-07 081711 MUFF # 401 2