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HomeMy WebLinkAboutAgenda Statement-EOPS amendedCITY OF NATIONAL CITY, CALIFORNIA COMMUNITY DEVELOPMENT COMMISSION AGENDA STATEMENT MEETING DATE: November 15, 2011 AGENDA ITEM NO. I ITEM TITLE: EA resolution of the Community Development Commission of the City of National City adopting the November 15, 2011 amendment to the Enforceable Obligations Payment Schedule. PREPARED BY: Patricia Beard PHONE: 4255 EXPLANATION: rThe 2011 California Redevelopment Legislation (AB X1 26 & 27) were approved by the State Legislature on June 15, 2011 and signed into law by the Governor on June 28, 2011. This Legislation, which provides for the statewide dissolution of redevelopment agencies, requires all agencies, including the CDC, to file and Enforceable Obligations Payment Schedule showing required payments through the end of calendar year 2011. The CDC approved its Enforceable Obligations Payment Schedule on August 24, 2011 and amended it subsequently in September and October to remain current with contractual obligations. The proposed November amendment adds payment for a 2011 Tax Allocation Bond -funded grant writing contract with Kimley Horn Associates approved by the City Council on November 1, 2011 and payment of possessory interest taxes on behalf of the National City Historical Society pursuant to the terms of the Lease Agreement by and between the Society and CDC dated August 19, 2008. DEPARTMENT: Redevelopment/.pecial Projects APPROVED BY: Or' FINANCIAL STATEMENT: APPROVED:°1-1, Finance ACCOUNT NO. The approved Kimley Horn contract amounts to $11,610 from account 524-409-500- 1 598-4135 and the Possessory Interest taxes for the Kimball House Museum amounts to $10,363.74 from account 511-445-460-213-0000. ENVIRONMENTAL REVIEW: Not applicable, ORDINANCE: INTRODUCTION: FINAL ADOPTION: 1 STAFF RECOMMENDATION: Adopt the resolution BOARD / COMMISSION RECOMMENDATION: ATTACHMENTS: 1. Proposed Amended Enforceable Obligations Payment Schedule