HomeMy WebLinkAboutOB 168RESOLUTION NO. OB - 168
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, 2018,THROUGH JUNE 30, 2019, 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, 2018,through June 30, 2019 ("ROPS 18-19"),and submit ROPS 18-19 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 18-19 to the DOF, the Office of the State Controller, and the County Auditor -
Controller no later than February 1, 2018, and (ii) post a copy of the Oversight Board -
approved ROPS 18-19 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 18-19,
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 18-19 to the DOF, the Office of the State Controller, and the County Auditor -
Controller and (ii) post a copy of the Oversight Board -approved 18-19 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 18-19 pursuant to the DOF's instructions, and
any such actions previously taken are hereby ratified and confirmed.
G \rda\Veronica Tapa\Word F,les\Staff Reports \Oversight Board \Palm Desert SA - OB reso for ROPS 18-19 1-22-18 docx
RESOLUTION NO. OB - 168
PASSED, APPROVED AND ADOPTED this 22nd day of January, 2018.
AYES: BIANCO, JONATHAN, McCORMICK, RODRIGUEZ, STENDELL, and WEBER
NOES: NONE
ABSENT: WILSON
ABSTAIN: NONE
-
SUSAN MARIE WEBER, CHAIR
ATTEST:
RA EE .1 CASS J, SECRE RY
OVERSIG -IT BOARD OF SUCCE OR AGENCY TO THE
PALM DESERT REDEVELOPMENT AGENCY
G \rda\Veronica Tapia\Word Files\Staff Reports\Oversight Board\Patrn Desert SA - OB reso for ROPS 18-19 1-22-18 docx2
RESOLUTION NO. OB - 168
EXHIBIT A
SUCCESSOR AGENCY TO THE PALM DESERT REDEVELOPMENT AGENCY
RECOGNIZED OBLIGATION PAYMENT SCHEDULE
(July 1, 2018 — June 30, 2019)
G \rda\Veronica Tapia\Word Fdes\Staff Reports\Oversight 8oard\Palm Desert SA - 08 reso for ROPS 18-191-22-18 docx
RESOLUTION NO. OB - 168
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