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City of La Palma
7822 Walker Street
La Palma, CA 90623
Ph: (714) 690-3300
Fx: (714) 523-2141
Redevelopment

The Dissolution of Redevelopment AB 1X26 

On June 29, 2011, Governor Brown signed several budget trailer bills to implement the State Budget for Fiscal Year 2011-12 that dramatically affected redevelopment authority. AB1X 26 (Blumenfield), the “Dissolution Act,” immediately suspended all new redevelopment activities and incurrence of indebtedness and dissolves redevelopment agencies altogether.

La Palma’s Redevelopment Agency, the Community Development Commission (CDC), ceased to exist on February 1, 2012, by operation of law.  The City Council elected to be the “Successor Agency” via Resolution No. 2012-06 for the purposes of winding down the business affairs of the former CDC pursuant to AB1X 26 and to be the "Housing Successor Agency."

AB 1484 the Clean-up Bill

The Legislature passed and the Governor signed AB 1484 as part of the FY 2012-13 State Budget package. The primary purpose of this bill is to make technical amendments to ABX1 26. AB 1484 requires the Successor Agency to hire a licensed accountant to review all cash assets and any cash transfers in the Low and Moderate Income Housing Fund and all Other Funds. The analysis called the Due Diligence Review (DDR).

Due Diligence Report (DDR)


The DDR of the Low and Moderate Income Housing Fund (LMIHF) was approved by the Oversight Board by Resolution No. 2012-08 and was submitted to the DOF on October 19, 2012.

The DDR of the Other Cash Funds was approved by the Oversight Board by 
Resolution No. 2013-02 and was submitted to the DOF­­­­.

Finding of Completion (FOC)

Pursuant to Health and Safety Code (HSC) Section 34179.7, Finance will issue a finding of completion to the successor agency, once the following conditions have been met and verified:

  • The successor agency has paid the full amount as determined during the July True-Up process or has paid the full amount upon a final judicial determination of the amounts due and confirmation that those amounts have been paid to the county auditor-controller.
  • The successor agency has paid the full amount as determined during the due diligence reviews or has paid a final judicial determination and the county auditor-controller has reported those payments to Finance.

 The DOF issued the La Palma Successor Agency its FOC on April 18, 2013.

Long Range Property Management Plan (LRPMP)

Pursuant to Health and Safety Code Section 34191.5(b), within six months after receiving a Finding of Completion from the State Department of Finance (DOF), the Successor Agency is required to submit to the DOF for approval a Long-Range Property Management Plan (LRPMP) that addresses the disposition and use of the real properties of the former redevelopment agency.

The Successor Agency’s LRPMP was approved by the La Palma Oversight Board via Resolution No. 2013-09 and by the DOF on December 13, 2013.

Recognized Obligation Payment Schedule (ROPS)

Under ABX1 26, the Successor Agency is required to adopt a ROPS for any enforceable obligations it is designating as continuing obligations for payment from Redevelopment Property Tax Trust Fund (RPTTF).  As part of the FY 2012-13 State budget package, the Legislature passed and the Governor signed Assembly Bill (AB) 1484 into law on June 27, 2012. The primary purpose of AB 1484 was to make technical and substantive amendments to the ABX1 26 the “Dissolution Act.”

AB 1484 added Section 34177(m) to the Health and Safety Code which requires the Successor Agency to submit an “Oversight Board approved” ROPS to the California Department of Finance (DOF) and to the County Auditor-Controller no fewer than 90 days before the date of property tax distribution. The law also requires the Successor Agency to post the approving resolutions on its web site. The table below contains the Resolutions for the ROPS approved to-date.

           



ROPS Schedule and Oversight Board Approving Resolutions

 

#

ITEM


PERIOD


RESOLUTION

1

ROPS I

January 1, 2012 to June 30, 2012

Resolution No. 2012-03

2

ROPS II

July 1, 2012 to December 31, 2012 Resolution No. 2012-04
3 ROPS III January 1, 2013 to June 30, 2013

Resolution No. 2012-07

4

ROPS 13-14A

July 1, 2013 to December 31, 2013

Resolution No. 2013-04

5

ROPS 13-14B

January 1, 2014 to June 30, 2014

Resolution No. 2013-06

6

ROPS 14-15A

July 1, 2014 to December 31, 2014

Resolution No. 2014-05

7

ROPS 14-15B

January 1, 2015 to June 30, 2015

Resolution No. 2014-07

8

ROPS 15-16A

July 1, 2015 to December 31, 2015

Resolution No. 2015-01

9

ROPS 15-16B

January 1, 2016 to June 30, 2016

Resolution No. 2015-03

10

ROPS 16-17A

July 1, 2016 to December 31, 2016

Resolution No. 2016-02 




























SB 341 Housing Successor Annual Report


This Housing Successor Annual Report (“Report”) regarding the Low and Moderate Income Housing Asset Fund (“LMIHAF”) is required to be prepared pursuant to California Health and Safety Code Section 34176.1(f). This Report sets forth certain details of the La Palma Housing Successor Agency (“Housing Successor”) activities during previous Fiscal Year. The purpose of this Report is to provide the governing body of the Housing Successor an annual report on the housing assets and activities of the Housing Successor under Part 1.85, Division 24 of the California Health and Safety Code, in particular Sections 34176 and 34176.1 (“Dissolution Law”). 

 SB 341 Report for Fiscal Year 2013-14  

 SB 341 Report for Fiscal Year 2014-15