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6.3.D. - Page 4 RESOLUTION NO. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDWOOD CITY CONFIRMING THE MAYOR'S APPOINTMENT OF TWO MEMBERS TO THE REDEVELOPMENT DISSOLUTION OVERSIGHT BOARD WHEREAS, the City Council of the City of Redwood City ( "City ") approved and adopted the Redevelopment Plan for the Redevelopment Project No. 2 ( "Redevelopment Plan "), covering certain properties within the City (the "Project Area "); and WHEREAS, the Redevelopment Agency of the City of Redwood City ( "Agency ") has been engaged in activities to execute and implement the Redevelopment Plan pursuant to the provisions of the California Community Redevelopment Law (Health and Safety Code § 33000, et sec..) ( "CRL "); and WHEREAS, since adoption of the Redevelopment Plan the Agency has undertaken redevelopment projects in the Project Area to eliminate blight, to improve public facilities and infrastructure, to renovate and construct affordable housing, and to enter into partnerships with private industries to create jobs and expand the local economy; and WHEREAS, as part of the 2011 -12 State budget bill, the California Legislature enacted, and the Governor signed , companion bills AB 1X 26 and AB 1X 27, requiring that each redevelopment agency be dissolved unless the community that created it enacts an ordinance committing it to making certain payments; and WHEREAS, a Petition for Writ of Mandate was filed in the Supreme Court of the State of California on July 18, 2011 (California Redevelopment Association, et al. v. Ana Matosantos, et a /., Case No. S194861), challenging the constitutionality of AB 1X 26 and AB 1X 27 on behalf of cities, counties and redevelopment agencies; and WHEREAS, on December 29, 2011, the Supreme Court issued its final decision in the aforesaid litigation, upholding AB 1X 26, invalidating AB 1X 27, and extending all statutory deadlines under AB 1X 26, essentially dissolving all redevelopment agencies throughout the State effective February 1, 2012; and 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 ATTY /RESO.2217 /CONFIRMING THE MAYORS APPOINTMENT OF TWO MEMBERS TO THE RDA DISSOLUTION OVERSIGHT BOARD REV:03 -09 -12 VR Page 1 of 3