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Council Agenda: 6-7-2022
Item No.: 9.1(b)
DRAFT--Contact the Office of the City Clerk at (408)535-1260 or [email protected] for final document.
SUCCESSOR AGENCY
RESOLUTION NO. ______________
A RESOLUTION OF THE SUCCESSOR AGENCY TO
THE REDEVELOPMENT AGENCY OF THE CITY OF
SAN JOSE APPROVING THE RECOGNIZED
OBLIGATION PAYMENT SCHEDULE 22-23 AND
AUTHORIZING PAYMENT OF EXPENDITURES FOR
ITEMS ON ROPS 22-23, WHICH DETAILS THE
OBLIGATIONS OF THE SUCCESSOR AGENCY FOR
THE PERIOD OF JULY 1, 202 2 THROUGH JUNE 30,
2023
WHEREAS, pursuant to Redevelopment Dissolution Law, the Successor Agency to the Redevelopment Agency of the City of San José (“Successor Agency”) is required to submit a Recognized Obligation Payment Schedule (“ROPS”) to the State Department of Finance (“DOF”) for approval every fiscal year; and
WHEREAS, Successor Agency staff has prepared a ROPS for the period of July 1, 2022 through June 30, 2023 (“ROPS 22-23”), as attached hereto as Attachment A; and
WHEREAS, on January 21, 2022, the Countywide Oversight Board (“County Board”) adopted a resolution approving ROPS 22-23, and staff transmitted the ROPS 22-23 to the DOF on January 31, 2022; and
WHEREAS, on April 15, 2022, the DOF released its final determination of enforceable obligations listed on the ROPS 22-23 and approval of Redevelopment Property Tax Trust Fund (“RPTTF”) funding, as detailed in the letter from DOF attached hereto as Exhibit B; and
WHEREAS, the County Auditor-Controller (“CAC”) is authorized, but not required, to review the ROPS and transmit objections to any items not NVF:KWF:CLS
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Council Agenda: 6-7-2022
Item No.: 9.1(b)
DRAFT--Contact the Office of the City Clerk at (408)535-1260 or [email protected] for final document.
demonstrated to be enforceable obligations to the Successor Agency, County Board, and the DOF; and
WHEREAS, on January 10, 2022, the CAC sent via email a Notice of No Objection to the ROPS 22-23, as detailed in the letter from CAC attached hereto as Exhibit A; and
WHEREAS, pursuant to Redevelopment Dissolution Law, not more than once per ROPS period, a successor agency may submit an amendment to the current ROPS approved by DOF;
NOW, THEREFORE, BE IT RESOLVED BY THE SUCCESSOR AGENCY TO THE REDEVELOPMENT AGENCY OF THE CITY OF SAN JOSE that:
The Recognized Obligation Payment Schedule 22-23, as attached hereto, and authorizes payment of expenditures for items on ROPS 22-23, which details the obligations of the Successor Agency for the period of July 1, 2022 through June 30, 2023 is hereby approved.
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Council Agenda: 6-7-2022
Item No.: 9.1(b)
DRAFT--Contact the Office of the City Clerk at (408)535-1260 or [email protected] for final document.
ADOPTED this _____ day of ___________, 2022, by the following vote:
AYES:
NOES:
ABSENT:
DISQUALIFIED:
SAM LICCARDO
Chairperson
ATTEST:
TONI J. TABER, CMC
Secretary
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Item No.: 9.1(b)
DRAFT--Contact the Office of the City Clerk at (408)535-1260 or [email protected] for final document.
Attachment A
ROPS 22-23
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Item No.: 9.1(b)
DRAFT--Contact the Office of the City Clerk at (408)535-1260 or [email protected] for final document.
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Item No.: 9.1(b)
DRAFT--Contact the Office of the City Clerk at (408)535-1260 or [email protected] for final document.
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Council Agenda: 6-7-2022
Item No.: 9.1(b)
DRAFT--Contact the Office of the City Clerk at (408)535-1260 or [email protected] for final document.
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Council Agenda: 6-7-2022
Item No.: 9.1(b)
DRAFT--Contact the Office of the City Clerk at (408)535-1260 or [email protected] for final document.
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Council Agenda: 6-7-2022
Item No.: 9.1(b)
DRAFT--Contact the Office of the City Clerk at (408)535-1260 or [email protected] for final document.
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Item No.: 9.1(b)
DRAFT--Contact the Office of the City Clerk at (408)535-1260 or [email protected] for final document.
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Item No.: 9.1(b)
DRAFT--Contact the Office of the City Clerk at (408)535-1260 or [email protected] for final document.
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Item No.: 9.1(b)
DRAFT--Contact the Office of the City Clerk at (408)535-1260 or [email protected] for final document.
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Item No.: 9.1(b)
DRAFT--Contact the Office of the City Clerk at (408)535-1260 or [email protected] for final document.
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Item No.: 9.1(b)
DRAFT--Contact the Office of the City Clerk at (408)535-1260 or [email protected] for final document.
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Council Agenda: 6-7-2022
Item No.: 9.1(b)
DRAFT--Contact the Office of the City Clerk at (408)535-1260 or [email protected] for final document.
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Item No.: 9.1(b)
DRAFT--Contact the Office of the City Clerk at (408)535-1260 or [email protected] for final document.
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Council Agenda: 6-7-2022
Item No.: 9.1(b)
DRAFT--Contact the Office of the City Clerk at (408)535-1260 or [email protected] for final document.
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Council Agenda: 6-7-2022
Item No.: 9.1(b)
DRAFT--Contact the Office of the City Clerk at (408)535-1260 or [email protected] for final document.
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Council Agenda: 6-7-2022
Item No.: 9.1(b)
DRAFT--Contact the Office of the City Clerk at (408)535-1260 or [email protected] for final document.
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Council Agenda: 6-7-2022
Item No.: 9.1(b)
DRAFT--Contact the Office of the City Clerk at (408)535-1260 or [email protected] for final document.
NVF:KWF:CLS
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T-23776.002 \ 20220607_0901(b)res
Council Agenda: 6-7-2022
Item No.: 9.1(b)
DRAFT--Contact the Office of the City Clerk at (408)535-1260 or [email protected] for final document.
NVF:KWF:CLS
5-17-2022
T-23776.002 \ 20220607_0901(b)res
Council Agenda: 6-7-2022
Item No.: 9.1(b)
DRAFT--Contact the Office of the City Clerk at (408)535-1260 or [email protected] for final document.
NVF:KWF:CLS
5-17-2022
T-23776.002 \ 20220607_0901(b)res
Council Agenda: 6-7-2022
Item No.: 9.1(b)
DRAFT--Contact the Office of the City Clerk at (408)535-1260 or [email protected] for final document.