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<br />3. SUCCESSOR AGENCY APPROVAL OF RECOGNIZED OBLIGATION <br />PAYMENT SCHEDULE (ROPS) AND ADMINISTRATIVE BUDGET FOR <br />THE PERIOD OF JULY 1, 2012 THROUGH DECEMBER 31, 2012. <br /> <br /> <br />RECOMMENDED ACTION: <br /> <br />1. Adopt a resolution. <br /> <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA <br />ANA ACTING AS SUCCESSOR AGENCY TO THE FORMER <br />COMMUNITY REDEVELOPMENT AGENCY APPROVING THE <br />RECOGNIZED OBLIGATION PAYMENT SCHEDULE (ROPS) AND <br />ADOPTNG AND APPROVING THE SUCCESSOR AGENCY’S <br />ADMINISTRATIVE BUDGET FOR THE PERIOD OF JULY 1, 2012 <br />THROUGH DECEMBER 32, 2012 PURSUANT TO HEALTH AND <br />SAFTY CODE SECTION 34177(j), AND CERTAIN OTHER ACTIONS <br />PURSUANT TO PART 1.85 OF THE DISSOLUTION ACT <br /> <br />2. Approve the City Manager and/or Director of Finance, or their <br />designees, as delegated officials of the City acting as Successor <br />Agency, as authorized to make any augmentation, modification, <br />additions, or revisions as may be necessary to the ROPS or <br />Administrative Budget based on review by the State Department <br />of Finance (DOF), or the County of Orange selected independent <br />auditor, as applicable. <br /> <br /> <br />COMMENTS <br /> <br /> <br />SUCCESSOR AGENCY <br />4. CITY COUNCIL ACTING AS COMMENTS <br /> <br /> AT THIS TIME the City Council acting as Successor Agency may <br />comment on non-agenda matters and ask questions of or give directions <br />to staff. NO action may be taken on non-agenda items unless authorized <br />by law. <br /> <br /> <br />ADJOURNMENT <br /> <br /> <br />AGENDA FOR CITY OF SANTA ANA 4 MAY 7, 2012 <br />ACTING AS SUCCESSOR AGENCY <br />