HomeMy WebLinkAboutOB Res 15-02 2015-02-26 RESOLUTION NUMBER OB15-02
A RESOLUTION OF THE OVERSIGHT BOARD FOR THE
SUCCESSOR AGENCY TO THE CITY OF SEAL BEACH
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 City of Seal Beach 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 BOPS 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 CITY OF SEAL BEACH 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 BOPS 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 BOPS 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
BOPS 15-16A on the Successor Agency's Internet website (being a page on the
Internet website of the City of Seal Beach).
Section 3. 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 confer on any disputed items, and any such actions previously taken
by such officers and staff are hereby ratified and confirmed.
(Intentionally Left Blank)
Resolution Number OB1 5-02
PASSED, APPROVED AND ADOPTED by the Oversight Board at-a meeting
held on the 26th day of February, 2015.
P
AYES: Board Members. .1
NOES: Board Members: VL�
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ABSENT: Board Members.1 0 'C'
ABSENT: Board Members.
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ATTEST:
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Secretary, Oversight Board
STATE OF CALIFORNIA
COUNTY OF ORANGE SS
CITY OF SEAL BEACH
1, Tina Knapp, Secretary to the Oversight Board, hereby certify that the foregoing
resolution was duly adopted at a meeting of the Oversight Board, held on the
26th day of February, 2015.
Secretary, Oversight Board
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