HomeMy WebLinkAboutOB Res 15-04 2015-09-23 RESOLUTION NUMBER OB15-04
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 JANUARY 1, 2016 THROUGH JUNE 30, 2016 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 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 January 1, 2016 through June 30, 2016 ("ROPS 15-
1613"), to the DOF, the Office of the State Controller, and the County Auditor-
Controller no later than October 5, 2015; and (2) post a copy of the Oversight Board-
approved ROPS 15-16B 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 ROPS 15-16B,
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 15-16B 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 15-16B 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.
PASSED, APPROVED AND ADOPTED by the Oversight Board at a meeting held on
the 23�d day of September, 2015.
AYES: Board Members: I`` � '` } °`�.5 d--- L.-�V t
NOES: Board Members: DO-p-
ABSENT: Board Members: °
ABSENT: Board Members: VLQ_
Acting ai , O r. h board
ATTEST:
Secretary, Oversight Board
Resolution Number OB15-04
STATE OF CALIFORNIA
COUNTY OF ORANGE SS
CITY OF SEAL BEACH
1, Tina Knapp, Secretary to the Oversight Board, hereby certify that the foregoing
,�rd
resolution was duly adopted at a meeting of the Oversight Board, held on the 20
day of September, 2015.
T
Secretary, Oversight Board
Resolution Number 01315-04
40
L6
0 CL
0 us
V, v
L., a LLf
1210 'a CL
LL.
c
72 TIM10 'S 0 0,
4) A
9 t1 w Cl. LL
I I I I
tL 10 1 1 § 16
tu Uj 4 d W c
z gig