Cities Index.
Resolution

Riverside City Council
December 20, 2022

Document
Resolution
Meeting
December 20, 2022
Body
Riverside City Council
Original file
63 KB
Text extracted from the city's file for reading and search. Open the original on riversideca.legistar1.com. That file is the official record.

RESOLUTION NO.

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RIVERSIDE, CALIFORNIA, AS SUCCESSOR AGENCY TO THE REDEVELOPMENT AGENCY OF THE CITY OF RIVERSIDE, APPROVING THE SUBMISSION OF THE RECOGNIZED OBLIGATION PAYMENT SCHEDULE FOR JULY 1, 2023, THROUGH JUNE 30, 2024.

WHEREAS, pursuant to Health & Safety Code section 34177, the City of Riverside as Successor Agency to the Redevelopment Agency of the City of Riverside (“Successor Agency”) is required to prepare a Recognized Obligation Payment Schedule (“ROPS”) for each fiscal year; and WHEREAS, each ROPS must include the amount and funding source for all payments required during the period for all enforceable obligations of the Successor Agency; and WHEREAS, pursuant to Health and Safety Code Section 34186(a), the ROPS for the period of July 1, 2023 through June 30, 2024 (“ROPS 23-24”) includes all payments required and a reconciliation of the estimated enforceable obligation payments versus the actual payments made under a prior ROPS; and WHEREAS, upon approval by the Countywide Oversight Board, the ROPS 23-24 will be submitted to the County Auditor-Controller, the State Controller’s Office, and the Department of Finance in addition to posting it on the Successor Agency website.

NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Riverside, California, as the Successor Agency to the Redevelopment Agency of the City of Riverside, as follows:

Section 1: Pursuant to Health & Safety Code section 34177, the Successor Agency does hereby approve and adopt the ROPS 23-24, and upon approval of the same by the Countywide Oversight Board, the ROPS 23-24 will be transmitted to the County Administrative Officer, the County Auditor-Controller, and the Department of Finance, and the same document will be posted on the Successor Agency website. / /
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ADOPTED by the City Council as the Successor Agency, this _________ day of _____________, 2023. _______________________________________

PATRICIA LOCK DAWSON
Mayor of the City of Riverside
Attest:
_____________________________

DONESIA GAUSE
City Clerk of the City of Riverside
I, Donesia Gause, City Clerk of the City of Riverside, California, acting as the Secretary of the Successor Agency to the Redevelopment Agency of the City of Riverside, hereby certify that the foregoing resolution was duly and regularly adopted at a meeting of the City Council of said City, at its meeting held on the _________ day of _____________, 2023, by the following vote, to wit:

Ayes:

Noes:

Absent:

Abstain:

IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the City of Riverside, California, this ________ day of ______________, 2023. _________________________________

DONESIA GAUSE
City Clerk of the City of Riverside
\\Rc-citylaw\cycom\WPDOCS\D006\P034\00691818.DOCX
22-2132 SDW 12/07/22
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2 City Attorney’s Office3750 UNIVERSITY AVE.NUERiverside, CA 92501(951) 826-5567City Attorney’s Office3750 UNIVERSITY AVE.NUERiverside, CA 92501(951) 826-5567 City Attorney’s Office
3750 UNIVERSITY AVE.NUE
Riverside, CA 92501
(951) 826-5567
City Attorney’s Office
3750 UNIVERSITY AVE.NUE
Riverside, CA 92501
(951) 826-5567
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