RESOLUTION NO.
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RIVERSIDE, CALIFORNIA, AS THE SUCCESSOR AGENCY TO THE FORMER REDEVELOPMENT AGENCY OF THE CITY OF RIVERSIDE APPROVING THE SUBMISSION OF THE RECOGNIZED OBLIGATION PAYMENT SCHEDULE FOR JULY 1, 2026 THROUGH JUNE 30, 2027.
WHEREAS, pursuant to the Health and Safety Code Section 34177, the City of Riverside as the Successor Agency to the former 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 the Health and Safety Code Section 34186(a), the ROPS for the period covering July 1, 2026 through June 30, 2027 (“ROPS 26-27”) includes all payments required and a reconciliation of the estimated enforceable obligations versus the actual payments made under prior ROPS; and WHEREAS, upon approval by the Countywide Oversight Board, the ROPS 26-27 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 section of the City’s 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 the Health and Safety Code Section 34177, the Successor Agency does hereby approve and adopt the ROPS 26-27 and upon approval of the same by the Countywide Oversight Board is directed to transmit the ROPS 26-27 to the County Administrative Officer, the County Auditor-Controller, and the Department of Finance, and post the same on the City’s website. / /
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ADOPTED by the City Council as the Successor Agency, this _________ day of ____________________, 2026. ___________________________
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 _____________, 2026, 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 ______________, 2026. _________________________________
DONESIA GAUSE
City Clerk of the City of Riverside
312917 SW 12/11/25
https://riversideca-my.sharepoint.com/personal/kpnguyen_riversideca_gov/Documents/Successor Agency 2.0/COB Approvals/2025 (January 16) COB Meeting/ROPS 24-25/1. 12-17-24 City Council Meeting/Attachment 1 - ROPS 25-26 Resolution.docx 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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