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HomeMy WebLinkAboutOB-030RESOLUTION NO. OB - 030 A RESOLUTION OF THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE PALM DESERT REDEVELOPMENT AGENCY ACKNOWLEDGING THE RECEIPT OF THE DEPARTMENT OF FINANCE DETERMINATION LETTER RELATIVE TO THE THIRD RECOGNIZED OBLIGATION PAYMENT SCHEDULE RECITALS: A. Pursuant to Health and Safety Code Section 34179(3), all actions taken by the oversight board for the Successor Agency to the Palm Desert Redevelopment Agency (the "Oversight Board") shall be adopted by resolution. B. There has been presented to this Oversight Board the Determination as provided by the Department of Finance relative to the third Recognized Obligation Payment Schedule pursuant to Health and Safety Code Section 34177(m). NOW, THEREFORE, THE OVERSIGHT BOARD FOR THE SUCCESSOR AGENCY TO THE PALM DESERT REDEVELOPMENT AGENCY, HEREBY FINDS, DETERMINES, RESOLVES, AND ORDERS AS FOLLOWS: Section 1. The above recitals are true and correct and are a substantive part of this Resolution. Section 2. The Oversight Board hereby receives and files the Determination as �., provided by the Department of Finance relative to the third Recognized Obligation Payment Schedule pursuant to Health and Safety Code Section 34177(m). Section 3. The officers of the Oversight Board and staff of the Successor Agency are hereby authorized and directed, jointly and severally, to do any and all things which they may deem necessary or advisable to effectuate this Resolution. PASSED, APPROVED AND ADOPTED this 7th day of January, 2013. AYES: BRANDL, BUCK, CARVER, LARSON, and SPIEGEL NOES: NONE ABSENT: DEAS and REYES ABSTAIN: NONE 4TA.SPIEG,CV ATTEST: RA ELLE D. K SIEN, ` CRETARY OVERSIGHT BOARD FOR THE SUCCESSOR AGENCY TO THE PALM DESERT REDEVELOPMENT AGENCY 81000-0172\14823710.doc