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Last modified
9/4/2012 12:49:15 PM
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General
Department
City Clerk
General - Type
Resolutions
General 2 - Date
8/30/2012
Number
19
Description
Approving the submission of the obligation payment schedule for 1/1/2013 thru 6/30/2013
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1 <br />2 <br />3 <br />4 <br />5 <br />6 <br />7 <br />8 <br />9 <br />10 <br />11 <br />12 <br />13 <br />14 <br />15 <br />16 <br />RESOLUTION NO, 1.9 <br />A RESOLUTION OF THE OVERSIGHT BOARD FOR THE CITY OF <br />RIVERSIDE AS SUCCESSOR AGENCY TO THE REDEVELOPMENT <br />AGENCY OF THE CITY OF RIVERSIDE APPROVING THE <br />SUBMISSION OF THE RECOGNIZED OBLIGATION PAYMENT <br />SCHEDULE FOR JANUARY I, 2013 THROUGH JUNE 30, 2013. <br />WHEREAS, on January 10, 2012, the City Council adopted Resolution No. 22322 re- <br />affirming the authorization of the City of Riverside to become the Successor Agency to the <br />Redevelopment Agency of the City of Riverside ("Successor Agency") pursuant to ABxI 26; and <br />WHEREAS, subsequent legislation entitled "Assembly Bill 1484", signed into law on June <br />27, 2012, makes substantive amendments to ABxI 26 and specifically includes a requirement, set <br />forth at Health & Safety Code section 34179(c), that all actions taken by the oversight board be <br />adopted by resolution; and <br />WHEREAS, pursuant to Health & Safety Code section 34177(m), the Recognized Obligation <br />Payment Schedule for the period covering January 1, 2013 through June 30, 2013 CROPS 3") was <br />reviewed and approved by the Oversight Board for the City of Riverside as Successor Agency to the <br />Redevelopment Agency of the City of Riverside on August 30, 2012. <br />NOW, THEREFORE, BE IT RESOLVED by the Oversight Board for the City of Riverside <br />as the Successor Agency to the Redevelopment Agency of the City of Riverside, as follows: <br />Section 1: Pursuant to Health & Safety Code section 34177(m), the Oversight Board for the <br />City of Riverside as Successor Agency to the Redevelopment Agency of the City of Riverside does <br />hereby: approve and adopt the ROPS 3 and direct the Successor Agency to transmit ROPE 3 to the <br />Department of Finance. <br />ADOPTED by the Oversight Board this 30th day of August, 2012. <br />RONALD O. LOVERIDGE7 <br />Chair of the Oversight Board <br />CaY AT ORVEY'S €)DEICE <br />3901, MAIM STRF13T <br />.11.RSME, CA 92522 <br />051) 826-5567 <br />
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