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C.13
COUNTYWIDE OVERSIGHT BOARD
Meeting Date: 01/24/2022  
SUBJECT :    Richmond ROPS
FROM: Maureen Toms, Oversight Board Secretary

Information
Recommendation(s)
ADOPT Resolution 2022/14 Approving the Recognized Obligation Payment Schedule for July 1, 2022 – June 30, 2023 (ROPS 22-23) and Administrative Budget for the Richmond Community Successor Agency.
Background
See attached staff report.
In The Matter Of:
A RESOLUTION OF THE CONTRA COSTA COUNTYWIDE OVERSIGHT BOARD APPROVING AND ADOPTING A RECOGNIZED OBLIGATION PAYMENT SCHEDULE AND ADMINISTRATIVE BUDGET FOR THE RICHMOND COMMUNITY SUCCESSOR AGENCY FOR THE PERIOD JULY 1, 2022, THROUGH JUNE 30, 2023, (ROPS 22-23), PURSUANT TO HEALTH AND SAFETY CODE SECTIONS 34177 AND 34171.
Body:
WHEREAS, pursuant to Health and Safety Code Section 34173, the City of Richmond created the Successor Agency to the Richmond Community Redevelopment Agency (“Successor Agency”) by Resolution No. 4-12 on January 24, 2012; and

WHEREAS, Health and Safety Code Section 34177(o) requires the Successor Agency to prepare a draft recognized obligation payment schedule (“ROPS”), before each annual fiscal period, forward looking to the next twelve months; and

WHEREAS, Health and Safety  Code Section 34177(l)(2)(b) requires the Successor Agency to submit the ROPS to the Contra Costa Countywide Oversight Board for its approval, and upon such approval, the Successor Agency is required to submit a copy of the approved ROPS (“Approved ROPS”) to the Contra Costa County Auditor-Controller, the California State Controller, and the State of California Department of Finance, and post the Approved ROPS on the Successor Agency’s website; and

WHEREAS, Health and Safety Code Sections 34171(a), (b) and 34177 (j) require the Successor Agency to prepare and submit a separate Administrative Budget covering the same period as each ROPS to the Contra Costa Countywide Oversight Board for its approval; and

WHEREAS, all other legal prerequisites to the adoption of this Resolution have occurred; and

WHEREAS, by the Agenda Report accompanying this Resolution, the Contra Costa Countywide Oversight Board has been provided with additional information upon which the findings and actions set forth in this Resolution are based.
 
Now, Therefore, Be It Resolved:
NOW, THEREFORE, THE CONTRA COSTA COUNTYWIDE OVERSIGHT BOARD DOES HEREBY RESOLVE AS FOLLOWS:

Section 1. Recitals. The Recitals set forth above are true and correct and are incorporated into this Resolution by this reference.

Section 2. CEQA Compliance. The approval of the ROPS through this Resolution does not commit the Successor Agency to any action that may have a significant effect on the environment. As a result, such action does not constitute a project subject to the requirements of the California Environmental Quality Act.

 
Section 3. Approval of Initial Draft of the ROPS. The Contra Costa Countywide Oversight Board hereby approves and adopts the ROPS for the period July 1, 2022, through June 30, 2023, (ROPS 22-23), in substantially the form attached to this Resolution as Exhibit A, as required by Health and Safety Code Section 34177.

Section 4. Approval of Administrative Budget. The Contra Costa Countywide Oversight Board hereby approves and adopts the Administrative Budget for the period July 1, 2022, through June 30, 2023, in substantially the form attached to this Resolution as Exhibit B, as required by Health and Safety Code Sections 34171(a), (b), and 34177(j).

Section 5. Transmittal of Initial Draft of the ROPS and Administrative Budget. The City Manager or his designee is hereby authorized and directed to take any action necessary to carry out the purposes of this Resolution and comply with applicable law regarding the ROPS, including submitting the ROPS to the Successor Agency’s Countywide Oversight Board for approval, and submission of the Approved ROPS to the Contra Costa County Auditor-Controller, the California State Controller, and the State of California Department of Finance, and posting the Approved ROPS on the Successor Agency’s website.

Section 6. Effectiveness. This Resolution shall take effect immediately upon its adoption.

 
Vote and Attest

PASSED AND ADOPTED this 24th of January, 2022.

I hereby certify that this is a true and correct copy of an action taken and entered on the minutes of the Countywide Oversight Board, on the date shown.

 
  ATTEST:
   
  ___________________________________
Maureen Toms,
Oversight Board Secretary




 


Attachments
Resolution 2022/14
Richmond Staff Report
Richmond ROPS Summary A
Richmond ROPS Summary B
Richmond Resolution 2022-14 SIGNED
Richmond ROPS Summary 22-23 SIGNED

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