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SA Item 3 - Resolution for the Recognized Obligation Payment Schedule (ROPS)
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SA Item 3 - Resolution for the Recognized Obligation Payment Schedule (ROPS)
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1/15/2025 1:45:49 PM
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1/15/2025 1:23:31 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
3
Date
1/21/2025
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<br /> <br />Resolution 2025-xx <br />Page 2 of 3 <br /> <br />Section 3. Pursuant to the Dissolution Act, the Successor Agency further <br />authorizes the transmittal of the ROPS 25-26, upon subsequent Countywide Oversight <br />Board approval, to DOF with copies to the County Administrative Officer, the County <br />Auditor-Controller, and the State Controller’s Office. <br /> <br />Section 4. The City Manager, or his/her designee (“City Manager”), is directed <br />to post on the City’s website the ROPS 25-26 in the manner required by law. <br /> <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 <br />Successor Agency, are authorized to make or accept any augmentation, modification, <br />additions, or revisions to the ROPS as may be necessary and appropriate in their <br />reasonable discretion, based on review or communications from the Countywide <br />Oversight Board, the State Department of Finance or County of Orange. <br /> <br />Section 6. This Resolution shall take effect immediately upon its adoption by <br />the Successor Agency, and the Clerk of the Council shall attest to and certify the vote <br />adopting of this Resolution. <br /> <br /> <br />ADOPTED this day of , 2025. <br /> <br /> <br /> <br /> <br /> <br /> <br />Valerie Amezcua <br />Mayor <br /> <br />APPROVED AS TO FORM: <br />Sonia R. Carvalho, City Attorney <br /> <br /> <br />By: <br />Andrea Garcia-Miller <br />Assistant City Attorney <br /> <br /> <br />AYES: Councilmembers: <br />NOES: Councilmembers: <br />ABSTAIN: Councilmembers: <br />NOT PRESENT: Councilmembers: <br /> <br /> <br />EXHIBIT 1
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