HomeMy WebLinkAboutOB-159RESOLUTION NO. OB - 159
A RESOLUTION OF THE OVERSIGHT BOARD OF THE
SUCCESSOR AGENCY TO THE PALM DESERT
REDEVELOPMENT AGENCY APPROVING A RECOGNIZED
OBLIGATION PAYMENT SCHEDULE FOR THE FISCAL PERIOD
FROM JULY 1, 2017 THROUGH JUNE 30, 2018, PURSUANT TO
HEALTH AND SAFETY CODE SECTION 34177 AND TAKING
CERTAIN RELATED ACTIONS
RECITALS:
A. Pursuant to Health and Safety Code Section 34177(o), the Successor
Agency to the Palm Desert Redevelopment Agency (the "Successor Agency") must
prepare a Recognized Obligation Payment Schedule listing the anticipated payments for
enforceable obligations to be made by the Successor Agency during the fiscal period
from July 1, 2017 through June 30, 2018 ("ROPS 17-18") and submit ROPS 17-18 to
the oversight board of the Successor Agency (the "Oversight Board") for approval.
B. Pursuant to Health and Safety Code Section 34177(I)(2)(C) and Section
34177(o)(1), the Successor Agency must: (i) submit the Oversight Board -approved
ROPS 17-18 to the DOF, the Office of the State Controller, and the County Auditor -
Controller no later than February 1, 2017, and (ii) post a copy of the Oversight Board -
approved ROPS 17-18 on the Successor Agency's website.
NOW, THEREFORE, THE OVERSIGHT BOARD OF THE SUCESSOR
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 the proposed ROPS 17-18,
substantially in the form attached hereto as Exhibit A. Staff of the Successor Agency is
hereby authorized and directed to: (i) submit a copy of Oversight Board -approved
ROPS 17-18 to the DOF, the Office of the State Controller, and the County Auditor -
Controller and (ii) post a copy of the Oversight Board -approved 17-18 ROPS on the
Successor Agency's Internet website (being a page on the Internet website of the City
of Palm Desert).
Section 3. 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 but not limited to requesting
additional review by the DOF and an opportunity to meet and confer on any disputed
items, and making adjustments to ROPS 17-18 pursuant to the DOF's instructions, and
any such actions previously taken are hereby ratified and confirmed.
G \rda\Veronica Tapia\Word Files\Staff Reports\Oversight 8oard1Palm Desert SA - 08 reso for ROPS 17-18 1-26-17 docx
RESOLUTION NO. OB - 159
PASSED, APPROVED AND ADOPTED this 30th day of January, 2017.
AYES: BIANCO, BUCK, JONATHAN, RODRIGUEZ, STENDELL, and SPIEGEL
NOES: NONE
ABSENT: WILSON
ABSTAIN: NONE
/?e1/02did
ROBERT A. SPIEGEL, CHOiI
ATTEST:
RA E LE D. SE1TSECRETA�Y
OVERSIGHT BOARD OF SUCCESS R AGENCY TO THE
PALM DESERT REDEVELOPMENT AGENCY
G \rda\Veronica Tapia\Word Fdes\Staff Reports\Oversight Board\Palm Desert SA - OB reso for ROPS 17-18 1-26-17 docx2
RESOLUTION NO. OB - 159
EXHIBIT A
SUCCESSOR AGENCY TO THE PALM DESERT REDEVELOPMENT AGENCY
RECOGNIZED OBLIGATION PAYMENT SCHEDULE
(July 1, 2017 — June 30, 2018)
G \rda\Veronica Tapia\Word Files\Staff Reports\Oversight Board\Palm Desert SA - OB reso for ROPS 17-18 1-26-17 docx
RESOLUTION NO. OB - 159
[THIS PAGE LEFT INTENTIONALLY BLANK.]
RESOLUTION NO. OB-159
ROPS 17-18 Total
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Current Period Requested Fun
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Palm Desert Recognized Obligation Payment Schedule (ROPS 17-18) - Notes July 1, 2017 through June 30, 2018
-BO'ON NOI1f1-1OS32i
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