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SUCCESSOR AGENCY RESOLUTION NO. 2024- <br />A RESOLUTION OF THE SUCCESSOR AGENCY TO THE FORMER <br />COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF SANTA <br />ANA APPROVING THE RECOGNIZED OBLIGATION PAYMENT <br />SCHEDULE 24-25 FOR THE PERIOD OF JULY 1, 2024 TO JUNE 30, 2025 <br />PURSUANT TO HEALTH AND SAFETY CODE SECTION 34177(o), AND <br />PART 1.85 OF DIVISION 24 OF THE CALIFORNIA HEALTH AND SAFETY <br />CODE (“DISSOLUTION ACT”) <br />BE IT RESOLVED BY THE MEMBERS OF THE SUCCESSOR AGENCY OF THE CITY <br />OF SANTA ANA, AS FOLLOWS: <br />Section 1. The City Council of Santa Ana, acting as Successor Agency, conclusively <br />finds, determines and declares as follows: <br />A.On January 9, 2012, pursuant to section 34173 of the California Health & <br />Safety Code, the City of Santa Ana (“City”) elected to serve as the Successor Agency for <br />the dissolved Community Redevelopment Agency (“Agency”) of the City of Santa Ana and <br />selected the Housing Authority of the City of Santa Ana to act as “Successor Housing <br />Agency.” <br />B.The City Council serves as the governing body of the Successor Agency <br />under the Dissolution Act, as amended by AB 1484, AB 471, and SB 107, to administer <br />the enforceable obligations of the Agency and otherwise unwind the Agency’s affairs. <br />C.SB 107 revised the timeline for the preparation of the required Recognized <br />Obligation Payment Schedule (“ROPS”) from each six-month period to a one-year period <br />beginning July 1, 2016. <br />D.The annual ROPS includes the administrative cost allowance as required <br />under Health and Safety Code Section 34177 (j) through (k). <br />E.The annual ROPS for the July 1, 2024 through June 30, 2025 period must <br />be approved by the Countywide Oversight Board and submitted to the County Auditor- <br />Controller, State Controller’s Office, and to the State Department of Finance (“DOF”) no <br />later than February 1, 2024. <br />Section 2. The Successor Agency approves the Recognized Obligation Payment <br />Schedule 24-25, attached hereto as Exhibit A and incorporated herein by this reference, and <br />authorizes the submission to the County of Orange and Countywide Oversight Board for review <br />and approval. <br />Section 3. Pursuant to the Dissolution Act, the Successor Agency further authorizes the <br />transmittal of the ROPS 24-25, upon subsequent Countywide Oversight Board approval, to DOF <br />Resolution No. 2024- <br />Page 1 of 3 <br />EXHIBIT 1