HomeMy WebLinkAboutOB-050RESOLUTION NO. OB - 050
A RESOLUTION OF THE OVERSIGHT BOARD FOR THE
SUCCESSOR AGENCY TO THE PALM DESERT
REDEVELOPMENT AGENCY APPROVING A RECOGNIZED
OBLIGATION PAYMENT SCHEDULE FOR THE SIX-MONTH
FISCAL PERIOD FROM JANUARY 1, 2014 THROUGH JUNE 30,
2014, AND TAKING CERTAIN RELATED ACTIONS
RECITALS:
A. Pursuant to Health and Safety Code Section 34177(1), the Successor
Agency to the Palm Desert Redevelopment Agency (the "Successor Agency") must
prepare a proposed Recognized Obligation Payment Schedule ("ROPS") before each
six-month fiscal period (commencing each January 1 and July 1) and submit each
proposed ROPS to the oversight board for the Successor Agency (the "Oversight
Board") for approval.
B. Pursuant to Health and Safety Code Section 34177(I)(2)(C) and (m), the
Successor Agency must (1) submit the Oversight Board -approved ROPS for the six-
month fiscal period from January 1, 2014 through June 30, 2014 ("ROPS 13-14B"), to
the DOF, the Office of the State Controller, and the County Auditor -Controller no later
than October 1, 2013; and (2) post a copy of the Oversight Board -approved ROPS 13-
14E on the Successor Agency's website.
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 approves proposed ROPS 13-14B,
substantially in the form attached hereto as Exhibit A. Staff of the Successor Agency is
hereby authorized and directed to submit a copy of Oversight Board -approved ROPS
13-14B to the DOF, the Office of the State Controller, and the County Auditor -Controller
and to post a copy of the Oversight Board -approved ROPS 13-14B on the Successor
Agency's Internet website (being a page on the Internet website of the City of Palm
Desert).
Section 3. The Oversight Board hereby designates John M. Wohlmuth, as the
official designated to whom DOF may make a request for review in connection with
actions taken by the Oversight Board.
Section 4. The officers of the Oversight Board and the 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,
including requesting additional review by the DOF and an opportunity to meet and
G'\rda\Veronica Tapia\Word Files\Staff Reports\Oversight Board\Staff Reports\OB Resolution Approving ROPS 13-14B 9-9-13.docx
RESOLUTION NO. OB - 050
confer on any disputed items, and any such actions previously taken by such officers
and staff are hereby ratified and confirmed.
PASSED, APPROVED AND ADOPTED this10THday of September, 2013.
AYES: CARVER, KINNAMON, LARSON, and SPIEGEL
NOES: NONE
ABSENT: BRANDL, BUCK, and McDANIEL
ABSTAIN: NONE
ATTEST:
f
RA EL D. K £ SE , : CRETARY
OVERSIGHT BOARD FOR THE SUCCES R AGENCY TO THE
PALM DESERT REDEVELOPMENT AGENCY
AOBERT A. SPIEGEL,1HAif
C
2
G:Hda\Veronica Tapia\Word FileslSteff Reports Oversight BoerdlStaf Reports \OB Resolution Approving ROPS 13-14B 9-9-13.docx
RESOLUTION NO. OB - 050
EXHIBIT A
SUCCESSOR AGENCY TO THE PALM DESERT REDEVELOPMENT AGENCY
RECOGNIZED OBLIGATION PAYMENT SCHEDULE
(January 1, 2014 through June 30, 2014)
G1rda\Veronica Tepia\Word Files\Staff Reports\Oversight BoarddStaff Reports\OB Resolution Approving ROPS 13-14B 9-9-13.docx
RESOLUTION NO. OB - 050
[ THIS PAGE LEFT INTENTIONALLY BLANK. ]
RESOLUTION NO. OB - 050
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