Adoption of a Resolution Amending the Rules and Regulations Established for the Operations of the Successor Agency as a New Legal Entity Separate from the City and Taking Certain Actions in Connection Therewith. MEETING DATE: 02127112 AGENDA ITEM: Adoption of a Resolution Amending the Rules and Regulations Established for the Operations of the Successor Agency as a New Legal Entity Separate from the City and Taking Certain Actions in Connection Therewith. ATTACHMENTS 1. (cid:9) Proposed Resolution Pages 1 7 (cid:9) RESOLUTION NO. 2012 SA A RESOLUTION OF THE BOARD OF DIRECTORS OF THE SUCCESSOR AGENCY TO THE CULVER CITY REDEVELOPMENT AGENCY PURSUANT TO PART 1.85 OF DIVISION 24 OF THE CALIFORNIA HEALTH AND SAFETY CODE AMENDING THE RULES AND REGULATIONS ESTABLISHED FOR THE OPERATIONS OF THE SUCCESSOR AGENCY AS A NEW LEGAL ENTITY SEPARATE FROM THE CITY AND TAKING CERTAIN ACTIONS IN CONNECTION THEREWITH. WHEREAS the Culver City Redevelopment Agency (CCRA) was a redevelopment agency in the City of Culver City (the City ) duly created pursuant to the Community Redevelopment Law (Part 1 (commencing with Section 33000) of Division 24 of the California Health and Safety Code) (the Redevelopment Law ); and WHEREAS AB X1 26 and AB X1 27 were signed by the Governor of California on June 29 2011 making certain changes to the Redevelopment Law including adding Part 1.8 (commencing with Section 34161) and Part 1.85 (commencing with Section 34170) ( Pad 1.85 ) to Division 24 of the California Health and Safety Code ( Health and Safety Code ); and WHEREAS the California Redevelopment Association and League of California Cities filed a lawsuit in the Supreme Court of California (California Redevelopment Association) et al. v. Matosantos at al. Case No. S194861) alleging that AB X1 26 and AB X1 27 were unconstitutional; and WHEREAS on December 29 2011 the Supreme Court issued its opinion in the Matosantos case largely upholding AB X1 26 invalidating AB X1 27 and holding that AB X1 26 ma...
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