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C.9

COUNTYWIDE OVERSIGHT BOARD

Meeting Date:	01/25/2021
SUBJECT : Oakley-ROPS
FROM:	Maureen Toms, Oversight Board Secretary

Information

Recommendation(s)

ADOPT Resolution 2021/8 Approving the Recognized Obligation Payment Schedule for July 1, 2021 – June 30, 2022 (ROPS 21-22) and Administrative Budget for the Oakley Successor Agency.

Background

See attached staff report.

In The Matter Of:

A RESOLUTION OF THE BOARD OF THE CONTRA COSTA COUNTYWIDE OVERSIGHT BOARD APPROVING AND ADOPTING THE SUCCESSOR AGENCY TO THE CITY OF OAKLEY COMMUNITY REDEVELOPMENT AGENCY’S RECOGNIZED OBLIGATION PAYMENT SCHEDULE AND ADMINISTRATIVE BUDGET FOR THE PERIOD JULY 1, 2021 THROUGH JUNE 30, 2022 (ROPS 2021/2022), PURSUANT TO HEALTH AND SAFETY CODE
SECTIONS 34177 AND 34171.

Body:

WHEREAS, Section 34177(1)(2) of the California Health and Safety Code requires the Successor Agency to the City of Oakley Redevelopment Agency (“Successor Agency”) to submit to the Contra Costa County Consolidated Oversight Board (“Board”) for approval a Recognized Obligation Payment Schedule (“ROPS”) and an Administrative Budget for the administrative costs of the Successor Agency; and

WHEREAS, Successor Agency staff had prepared the attached ROPS 2021/2022 and Administrative Budget and submitted them to the Board for review and approval; and

WHEREAS, the Board desires to approve the attached ROPS 2021/2022 in order to pay approved enforceable obligations for the period of July 1, 2021 through June 30, 2022;

Now, Therefore, Be It Resolved:

NOW, THEREFORE, BE IT RESOLVED that the Board approves the Recognized Obligations Payment Schedule for Fiscal Year 2021/2022, attached hereto as Exhibit A, and the Administrative Budget, attached hereto as Exhibit B.

Vote and Attest

The foregoing resolution was adopted at a regular meeting of the Contra Costa Countywide Oversight Board, held on the 25th day of January 2021, by the following vote:

AYES:
NOES:
ABSTENTION:
ABSENT:

ATTEST:

________________________________
Maureen Toms, Oversight Board Secretary

Attachments
Resolution 2021/8
Oakley ROPS Staff Report
Oakley ROPS
Oakley Admin Budget
2021-8 Oakley
2021-8 Oakley, signed