HomeMy WebLinkAboutOB-118RESOLUTION NO. OB - 118
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 JULY 1, 2015 THROUGH DECEMBER
31, 2015, 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 July 1, 2015 through December 31, 2015 ("ROPS 15-16A"), to
the DOF, the Office of the State Controller, and the County Auditor -Controller no later
than March 3, 2015; and (2) post a copy of the Oversight Board -approved ROPS 15-
16A 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 15-16A,
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
15-16A 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 15-16A 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\Statt Reports\OB Resolution Approving ROPS 15-16A 2-12-15 docx
RESOLUTION NO. OB-118
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 this 23rd day of February, 2015.
AYES: BUCK, CARVER, KINNAMON, LARSON, RODRIGUEZ, and SPIEGEL
NOES: NONE
ABSENT:
JONATHAN
ABSTAIN: NONE
ATTEST:
"401(4 ROBERT A. SPIEGE , CHi
E D. KLASSE , SECRETARY
OVERSIGHT BOARD FOR THE SUCCESSAGENCY TO THE
PALM DESERT REDEVELOPMENT AGENCY
2
GVda\Veronica Tapia\Word Files\Staff Reports\Oversight Board\Staff Reports\OB Resolution Approving ROPS 15-16A 2-12-15.docx
RESOLUTION NO. OB-118
EXHIBIT A
SUCCESSOR AGENCY TO THE PALM DESERT REDEVELOPMENT AGENCY
RECOGNIZED OBLIGATION PAYMENT SCHEDULE
(July 1, 2015 through December 31, 2015)
G:\rda\Veronica Tapia\Word Files\Staff Reports\Oversight Board\Staff Reports\OB Resolution Approving ROPS 15-16A 2-12-15.docx
RESOLUTION NO. OB-118
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