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auditor -controller as to the outcome of the department's review at least 15 days before the <br />date of the property tax distribution." <br />F. During the preparation and submission of the ROPS 18-19, it was <br />anticipated that an outstanding obligation pursuant to a disposition and development <br />agreement with an affordable housing developer would be completed by the end of the <br />ROPS 17-18 period (June 30, 2018), and hence, line item 70 regarding this obligation was <br />"retired" for the ROPS 18-19 period. Due to various delays, the outstanding obligation was <br />not completed nor paid by the June 30, 2018 date and the obligation remains unpaid. <br />G. DOF added line item 70 back into the Amended ROPS 18-19B template for <br />Santa Ana to amend the ROPS for the January 1, 2019 through June 30, 2019 "B" fiscal <br />period to enable the Successor Agency to fulfill its payment obligation in the amount of <br />$250,000. <br />H. Successor Agency staff has prepared the Amended ROPS 18-19B with <br />modifications to the "B" fiscal period of January 1, 2019 to June 30, 2019 as to line item <br />70. <br />Section 2. The Successor Agency approves the Amended Recognized Obligation <br />Payment Schedule 18-19B, attached hereto as Exhibit A and incorporated herein by this <br />reference, determines that the amendment is necessary to pay an enforceable obligation in the <br />ROPS 18-19B period, and authorizes the submission to the County of Orange and Orange <br />Countywide Oversight Board for review and approval. <br />Section 3. Pursuaritto the Dissolution Act, the Successor Agency fu rthe r authorizes the <br />transmittal of the Amended ROPS 18-19B, upon subsequent Orange Countywide Oversight <br />Board approval, to DOF with copies to the County Administrative Officer, the County Auditor - <br />Controller, and the State Controller's Office. <br />Section 4. The City Manager, or his/her designee ("City Manager"), is directed to post <br />on the City's website the Amended ROPS 18-19B in the manner required by law. <br />Section 5. The City Manager and/or the Executive Director of Community <br />Development, or their respective designees, as delegated officials of the City acting as Successor <br />Agency, are authorized to make or accept any augmentation, modification, additions, or revisions <br />to the ROPS as may be necessary and appropriate in their reasonable discretion, based on review <br />or communications from the Orange Countywide Oversight Board, the State Department of <br />Finance or County of Orange. <br />Section 6. This Resolution shall take effect immediately upon its adoption by the <br />Successor Agency, and the Clerk of the Council shall attest to and certify the vote adopting of <br />this Resolution. <br />Resolution No. 2018 - <br />Page 2 of 3 <br />• RM <br />