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2015/09/24 Successor Agency Oversight Board Resolution (3) 0 0 RESOLUTION NO. OSB 2015-06 A RESOLUTION OF THE OVERSIGHT BOARD FOR THE SUCCESSOR AGENCY CITY OF ROHNERT PARK APPROVING THE RECOGNIZED OBLIGATION PAYMENT SCHEDULE FOR JANUARY 1 —JUNE 30, 2016 ("ROPS 15-16B"), PURSUANT TO SECTION 34177 OF THE CALIFORNIA HEALTH AND SAFETY CODE WHEREAS, the Redevelopment Dissolution Law (AB 1X 26, enacted June 28, 2011, as amended by AB 1484, enacted June 27, 2012, and hereinafter, "Dissolution Law") provided for the creation of the Successor Agency City of Rohnert Park ("Successor Agency"), as successor agency to the Community Development Commission of the City of Rohnert Park ("Commission") and required the Successor Agency, among other things, to expeditiously wind down the Commission's affairs, while continuing to meet the Commission's enforceable obligations and overseeing completion of redevelopment projects and disposing of the assets and properties of the Commission, all as directed by the oversight board created pursuant to Section 34179 of the Health and Safety Code ("Oversight Board"); WHEREAS, Section 34177(1)(2) of the Health and Safety Code requires the Successor Agency, following approval by the Oversight Board, to submit to the State Department of Finance ("DOF"), the State Controller, and the Sonoma County Auditor-Controller Treasurer-Tax Collector ("County Auditor") for review, the Recognized Obligation Payment Schedules ("ROPS") which include enforceable obligations and Successor Agency administrative costs for six-month periods; WHEREAS, pursuant to the Dissolution Law, the ROPS for the period of January 1, 2016 to June 30, 2016 ("ROPS 15-16B") must be submitted to the Sonoma County Auditor-Controller- Treasurer-Tax Collector, State Controller's Office and Department of Finance no later than October 5, 2015, after approval by the Oversight Board; WHEREAS, Successor Agency staff have prepared the attached ROPS, which was approved by the Successor Agency's governing board on September 22, 2015; and WHEREAS, Successor Agency staff have submitted the attached ROPS to the Oversight Board for review and approval, and at the same time have provided a copy of the attached ROPS to the County Administrative Officer, the County Auditor and DOF, all as required pursuant to Health and Safety Code Section 34177(1)(2)(B). NOW,THEREFORE,THE OVERSIGHT BOARD FOR THE SUCCESSOR AGENCY CITY OF ROHNERT PARK DOES RESOLVE AS FOLLOWS: Section 1. The Recognized Obligation Payment Schedule for the period of January 1, 2016 to June 30. 2016 ("ROPS 15-16B") in the form attached to this resolution and incorporated herein by reference, is hereby approved. Section 2. The staff of the Successor Agency is hereby directed to submit the ROPS to DOF, the State Controller and the County Auditor and post the ROPS on the Successor Agency's website in accordance with Health and Safety Code Section 34177(1)(2)(C), and to cooperate with DOI- to OAK ad522-8($)7-4110 Hi rc% • • the extent necessary to obtain DOF's acceptance of the ROPS, including, if necessary, making modifications to the ROPS determined by the City Manager to be reasonable and financially feasible to meet its legally required financial obligations. DULY AND REGULARLY ADOPTED by the Oversight Board for the Successor Agency City of Rohnert Park this 24th day of September, 2015. OVERSIGHT BOARD FOR THE SUCCESSOR AGENCY CITY OF ROHNERT PARK J ke Mackenz e, Chair ATTEST: 4.6_1 Eydie Tacata, Clerk of the Board Cerreta: Absent Jolley: Aye Masterson: Ave Pawson: Aye Zane: Absent Thompson: Aye Mackenzie: Aye AYES:( 5 ) NOES: ( 0 ) ABSENT: ( 2 ) ABSTAIN: ( 0 ) OAK#1522-R097-1 110%1 • 0 }- 0 0 " 2 2 0 (0 $ k A S ' S , ` 2 R CV o CV a o et N 01 F. j k \ ai cv § / I, $ F. ƒ § 9 . _ 5 9 N o ri r n r n r / - - — ® ea E m i E a _ C c ill m E 1-3 c 113� � ® o }ƒ a 6co E m \ 3 ( A \ � U. co W o 3 ( 4.1 -, - _ C c Z © O. U) D 7 2 / / / £ o ( ( u — © = a a_ / @ / E o — q { 0 2 a - { a § 3 Lu o » � - 3 // \ -1 - \ \ g , 9 % / \ § ƒ 2 - < \ 2 < 2 — _ 2 ± 0 § } + E 7j k f % \ / § E . , -- e R\ �_ � c # / a 7Q 17 w82 e -0 ' / 43 2 ) 7 ƒ 2 / u_ § C C \ C / a- 7 r. 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