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C.13
COUNTYWIDE OVERSIGHT BOARD
Meeting Date: 01/23/2023  
SUBJECT :    Pleasant Hill ROPS
FROM: Maureen Toms, Oversight Board Secretary

Information
Recommendation(s)
ADOPT Resolution 2023/44 Approving the Recognized Obligation Payment Schedule for July 1, 2023 - June 30, 2024, (ROPS 23-24) and Administrative Budget for the Pleasant Hill Successor Agency.
Background
See attached.
In The Matter Of:
IN THE MATTER OF THE COUNTYWIDE OVERSIGHT BOARD FOR THE COUNTY OF CONTRA COSTA SUCCESSOR AGENCIES APPROVING THE RECOGNIZED OBLIGATION PAYMENT SCHEDULE AND ADMINISTRATIVE BUDGET FOR THE PERIOD JULY 2023 THROUGH JUNE 2024 FOR PLEASANT HILL SUCCESSOR AGENCY.
Body:
WHEREAS, Section 34177(1) of the California Health and Safety Code requires the Successor Agency to submit to the Contra Costa Countywide Oversight Board (Board) for approval a Recognized Obligation Payment Schedule (ROPS); before each fiscal period identifying enforceable obligations and sources of payment; and

WHEREAS, in order for the ROPS to be deemed valid, and therefore eligible for payment, it must be approved by the Board and a copy of the approved ROPS must be submitted to the County Administrative Officers (CAO), the Contra Costa County Auditor-Controller (CAC), the State Controller’s Office (SCO), and the State Department of Finance (DOF) by each February 1; and posted on the Successor Agency’s website; and

WHEREAS, Health and Safety Code §34177(j) requires the Oversight Board to approve an Administrative Budget for administrative costs of the Successor Agency; and

WHEREAS, the Successor Agency's "administrative cost allowance" as defined and authorized pursuant to Health & Safety Code Section 34171(b), is a minimum of $250,000 unless reduced by the Oversight Board or by agreement between the Successor Agency and the DOF for the ROPS time period; and

WHEREAS, the accompanying staff report provides supporting information upon which the actions set forth in this Resolution are based.
 
Now, Therefore, Be It Resolved:
NOW, THEREFORE, THE COUNTYWIDE OVERSIGHT BOARD OF CONTRA COSTA COUNTY DOES HEREBY RESOLVE AS FOLLOWS:

1. The ROPS 2023-24, in the form attached to this resolution as Exhibit A and incorporated herein by reference, is hereby approved.

2. The Administrative Budget for the period July 1, 2023, through June 30, 2024, 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)is hereby approved.

3. The staff of the Successor Agency is hereby directed to submit the ROPS 23-24 to the CAO, CAC, the SCO, and DOF, and post it on the Successor Agency’s website in accordance with State Health and Safety Code Section 34177(1)(2)(C), and to cooperate with the DOF to the extent necessary to obtain DOF’s acceptance of the ROPS, including, if necessary, making modifications to the ROPS determined by Successor Agency to be reasonable and financially feasible to meet its legally required financial obligations.
 
Vote and Attest
PASSED AND ADOPTED this 23rd of January, 2023.

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 2023/44
Pleasant Hill ROPS Ex. A
PleasantHill AdminBudgetEx. B
Pleasant Hill ROPS SR

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