HomeMy WebLinkAboutMinutes 2020-12-09 @8:30MINUTES
SPECIAL SUCCESSOR AGENCY
TO THE REDEVELOPMENT AGENCY
Teleconference via Zoom
City Council conducted this meeting in accordance with
California Governor Newsom's Executive Orders N-25-
20 and N-29-20 and COVID-19 pandemic protocols.
WEDNESDAY, DECEMBER 9, 2020
8:30 P.M.
or immediately following the City Council meeting
Call to Order: 11:24 p.m.
Roll Call: Boardmembers Coleman and Nicolas,
Vice Chair Nagales and Chair Addiego.
Agenda Review: No changes
Public Comments - comments are limited to items on the Special Meeting Agenda.
None.
ADMINISTRATIVE BUSINESS
Report regarding Resolution No. 03-2020 of the Successor Agency to the Former
Redevelopment Agency of the City of South San Francisco, reviewing and approving a
Recognized Obligation Payment Schedule and Administrative Budget for Fiscal Year 2021-22.
(Janet Salisbury, Director of Finance).
Suzy Kim, Senior Associate at RSG, presented the report to Council and indicated that all California
redevelopment agencies were dissolved in 2012 by Assembly Bill xl 26. The Successor Agency is
responsible for winding down the affairs of the Former Redevelopment Agency of the City of South
San Francisco ("RDA"), including paying debt obligations and completing projects that were under
contract with the RDA prior to dissolution.
State law requires successor agencies to request funding for enforceable obligations on an annual
basis. The Recognized Obligation Payment Schedule 21-22 requests funding for Fiscal Year 2021-22
and an Administrative Budget for the same period. Ms. Kim indicated that the San Mateo Countywide
Oversight Board and the California Department of Finance must also approve the ROPS. The
Oversight Board will consider the ROPS 21-22 at its meeting on January 11, 2021. An Oversight
Board -approved ROPS must be submitted to DOF by February 1, 2021, who will make a determination
by April 15, 2021. If the ROPS is not submitted to DOF on time, the City and Successor Agency could
be subject to a civil penalty of $10,000 per day.
Staff requested an administrative budget of $215,000 for Fiscal Year 2021-22 to cover professional
services (including preparation of the ROPS and auditor fees), staff costs, and overhead required to
administer obligations and prepare legally mandated reports. The ROPS 21-22 requests an
administrative cost allowance of $200,895, which is lower than budgeted but the maximum permitted
by law (50% of $401,789 in non -admin RPTTF distributed in Fiscal Year 2020-21). Any
administrative costs incurred in excess of the $200,895 must be funded by the City and not the
Successor Agency.
Motion—Boardmember Nagales/Second—Boardmember Nicolas: To approve Resolution No. 03-
2020 of the Successor Agency to the Former Redevelopment Agency of the City of South San
Francisco, reviewing and approving a Recognized Obligation Payment Schedule and Administrative
Budget for Fiscal Year 2021-22. Approved by the following roll call vote: AYES: Boardmembers
Coleman and Nicolas, Vice Chair Nagales and Chair Addiego; NAYS: None; ABSENT: None;
ABSTAIN: None.
ADJOURNMENT
Being no further business Chair Addiego adjourned the meeting at 11:41 p.m.
Su mitte
Rosa Govea Acosta, CMC, CPMC
City Clerk
Approved by the Successor Agency:
SPECIAL SUCCESSOR AGENCY MEETING
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Mark ddiego
Chair
,2024
DECEMBER 9, 2020
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