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RES-OB-0075 Recognizaed Obligation Payment Schedule 2018-19
RESOLUTION NO. OB-0075 A RESOLUTION OF THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE ORANGE 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. WHEREAS, pursuant to Health and Safety Code Section 34177(o), the Successor Agency to the Orange 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; and WHEREAS, pursuant to Health and Safety Code Section 34177(1)(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 Successor Agency to the Orange Redevelopment Agency does hereby find, determine, resolve, and order 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 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 ROPS 18 -19 on the Successor Agency' s Internet website (being a page on the Internet website of the City of Orange). 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. PASSED AND ADOPTED this 1 lth day of January 2018. c_ Ter sa E. Smith Chairperson of the Oversight Board to the Successor Agency of the Orange Redevelopment Agency ATTEST: CA .fYl_ et.--r— Mary E. Murphy Clerk of the Oversight Board I, MARY E. MURPHY, hereby certify that the foregoing Resolution was duly and regularly adopted by Oversight Board of the Successor Agency to the Orange Redevelopment Agency at a regular meeting thereof held on the 11th day of January 2018, by the following vote: AYES:BOARD MEMBERS: NOES:BOARD MEMBERS: ABSENT: BOARD MEMBERS: ABSTAIN: BOARD MEMBERS: 4 -ndeiL-Ca-e-Atet- Mary E. Murphy Clerk of the Oversight Board Resolution No. OB -0075 2 EXHIBIT A SUCCESSOR AGENCY TO THE ORANGE REDEVELOPMENT AGENCY RECOGNIZED OBLIGATION PAYMENT SCHEDULE July 1, 2018 — June 30, 2019) Resolution No. OB -0075 3 co To r cm to I- 2 p p o V' q 5 0) a0.0CC n K k 7 3 `o-, k a m t. n a j_ c co to 0 k N. c e 12 C w w C) a E CI g 2 Cl o in 3 in N 0) °k ƒ E 3 A E t cr) - 8 E co • \a o2/4) a) 4) • ' Ai k 0 CO /23 g m E c ka c 0 0 cO o c c co E k 2 0 2 21 2&§ o g o o u a) c o a) ƒ G 0 U . c 7 a) 1 — kES 2 co h w k cu to f& a c o k 2.o cc t o E_ ®© O 0 c o W 0 a e13 2 02/ V a) E 2 c 0- 0 a 2 k E 7 0 rl' s G 2 o 2§ k o 0 0) v ni Y. 3. 2_ M R' a ® 2 ® c CO i§ 0 Fƒ 2/ i k u c a)_ 13 I 2 o f E g o mƒ 3 cc cc t o a w 0 2E O c 2 m > g / ONOQ)3OLco0Na.+0z0)on.0LLa)a)V9-CEco0O9-oo0)00wNCQ)0UU c 0)C O i U O 0ZEw m v) a w N o c 0m A 2v om 0 233 CO 0 c IS K O p , 0 co N W O C O 3 m m T» o a c T 0 II t7) O Cu C D) N j' 2 j n Qf p c a p 3 7 W C) X N c D m N D) 3) c 2 D N 0 7 O co 7 so cD > 1 O ca D) O , O N * d co co 7 ra 6f W p 7 CT 0 O C b O 7 O CT D) O. 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