ADMINISTRATIVE REPORT
MEETING DATE: March 25, 2026 AGENDA CATEGORY: Successor Agency TO: Honorable Mayor and City Council
FROM: Randy McKeegan, Finance Director
DATE: March 11, 2026
SUBJECT: Receive and file Successor Agency payments from February 25, 2026, to March 10, 2026 in the amount of $1,400.00
RECOMMENDATION:
Staff recommends report be received and filed
BACKGROUND:
The City administers payment of Successor Agency enforceable obligation payments as authorized by the State Department of Finance (DOF) to further the dissolution of the former Bakersfield Redevelopment Agency. The Successor Agency has a Recognized Obligation Payment Schedule (ROPS) approved by both the Bakersfield Oversight Board and the DOF. All payments of the Successor Agency must be on this approved listing in order to be valid and authorized payments of the Successor Agency.
A check register is provided whi ch summarizes the transactions processed during the above referenced period. Additional details are provided below for each transaction.
Check #8133194 to HDL COREN & CONE INC for $1,400.00 for continuing disclosure paperwork for tax allocation bonds.
FISCAL IMPACT:
$1,400.00
COUNCIL GOAL:
Innovative and Efficient City Government
ATTACHMENTS:
1. Oracle SA Admin Check Register 3.25.26