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Successor Agency to the Redevelopment Agency of the City of Indio

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On June 15, 2011, the State Legislature passed two related Bills (ABX126 and ABX127) related to the fate of Redevelopment Agencies throughout the State. The Governor signed these bills into law effective June 29, 2011, and added Parts 1.8 and 1.85. The purpose of the redevelopment bills were to (1) dissolve redevelopment agencies, and (2) provide for a "voluntary" alternative redevelopment program. The "voluntary" alternative redevelopment program would exempt redevelopment agencies from dissolution if the City Council enacted an ordinance before November 1, 2011 to comply with the new legislation and made certain required payments to the County. The Council complied with the requirement and adopted the required ordinance. Soon after the Governor signed the two bills into law, the California Redevelopment Association (CRA) and League of California Cities sued the State challenging the constitutionality of the Bills. The California Supreme Court case is the California Redevelopment Association, et al. v. Matosantos, et al.

On August 11, 2011, the Supreme Court issued a stay on both bills, except for Part 1.8 ofABX126, which required the adoption of an Enforceable Obligation Payment Schedule (EOPS) by August 28, 2011. The Agency complied with the requirement and adopted the original EOPS on August 25, 2011. As required, the original EOPS included: project name associated with the obligation, the Payee, a brief description of the project/service/facility, etc. for which payment is to be made, and the amount of payments obligated to be made.

On December 29, 2011, the Supreme Court issued a ruling on the Court Case declaring ABX127 unconstitutional, but upheld ABX126. In accordance with ABX126, all RDA's throughout the state will be eliminated effective February 1, 2012.

Successor Agency Overview 3.7.12

Enforceable Obligation Payment Schedule

This Section includes the following items:

  • Resolutions of the Redevelopment Agency of the City of Indio, California, Approving Amendments to the Enforceable Obligation Payment Schedule and Certain Related Actions
  • Original EOPS and Amended EOPS (Approved 1/30/12)
  • Resolution of the City Council, of the City of Indio, California, Acting as the Governing Body for the Successor Agency to the Indio Redevelopment Agency Pursuant to Part 1.85 of Division 24 of the California Health and Safety Code Establishing Rules and Regulations for the Operations of the Successor Agency as a New Legal Entity Separate from the City and Taking Certain Actions In Connection Therewith
  • Resolution of the City Council, of the City of Indio, California, Pursuant to Assembly Bill 936 Concerning Forgiveness of Loans Advances, or Other Indebtedness
  • Resolution of the Redevelopment Agency of the City of Indio, California, Pursuant to Assembly Bill 936 Concerning Forgiveness of Loans, Advances or other Indebtedness

In accordance with the requirements of ABX126 the RDA Elimination Bill and as reflected by the time line modified by the Supreme Court in its decision the Successor Agency approved the draft Recognized Obligation Payment Schedule draft ROPS.

The draft ROPS as contained in the Resolution (link below) lists payment obligations for the period of January 1, 2012 to June 30, 2012. Subsequent to the Successor Agency approval of this draft ROPS draft ROPS must be certified by the County Auditor Controller approved by the Oversight Board. Once approved by the Oversight Board the certified ROPS becomes the approved ROPS.

Public Notice(s)

Resources

Successor Agency Former RDA Documents and Maps

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