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| C.10 |
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| COUNTYWIDE OVERSIGHT BOARD |
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| Information |
| Recommendation(s) |
| ADOPT Resolution 2022/32 Approving the Recognized Obligation Payment Schedule for July 1, 2022 – June 30, 2023 (ROPS 22-23) for the Pinole Successor Agency. |
| Background |
| See attached staff report. |
| In The Matter Of: |
| RESOLUTION OF THE COUNTYWIDE OVERSIGHT BOARD, CONTRA COSTA COUNTY, APPROVING THE RECOGNIZED OBLIGATION PAYMENT SCHEDULE FOR JULY 1, 2022, THROUGH JUNE 30, 2023, (ROPS 22-23) FOR PINOLE SUCCESSOR AGENCY. |
| Body: |
WHEREAS, Assembly Bill x1 26 (“AB 26”) was passed by the California State Legislature, signed by the Governor, and has been codified as part 1.8 of Division 24 of the California Health and Safety Code, commencing with Section 34161; and
WHEREAS, AB 26 requires successor agencies to continue to make all scheduled payments for enforceable obligations of their predecessor redevelopment agencies; and
WHEREAS, pursuant to HSC section 34179.7(o)(1), commencing with the ROPS covering the period from July 1, 2016, to June 30, 2017 and thereafter, agencies shall submit an Oversight Board approved annual ROPS to the State Department of Finance and the County Auditor-Controller by February 1, 2016, and each February 1 thereafter; and
WHEREAS, as of July 1, 2018, 17 Oversight Boards expired and only one Oversight Board in Contra Costa County was established to oversee all redevelopment successor agencies in the County; and
WHEREAS, the ROPS was reviewed by the Pinole Successor Agency Governing Board and approved by resolution on January 18, 2022, prior to submission to the Countywide Oversight Board.
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| Now, Therefore, Be It Resolved: |
| NOW THEREFORE, BE IT RESOLVED that the Contra Costa Countywide Oversight Board does hereby resolve that the Recognized Obligation Payment Schedule for the period July 1, 2022, through June 30, 2023, herein provided as Attachment B, is hereby approved. |
| 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.
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ATTEST: |
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Maureen Toms,
Oversight Board Secretary |
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