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HomeMy WebLinkAboutRES NO OB004-13(1)RESOLUTION NO. 004— 1 3 `) A RESOLUTION OF THE OVERSIGHT BOARD TO THE SUCCESSOR AGENCY TO THE DISSOLVED BAKERSFIELD REDEVELOPMENT AGENCY APPROVING THE AMENDED RECOGNIZED OBLIGATION PAYMENT SCHEDULE AND ADMINSTRATIVE BUDGET FOR THE PERIOD JANUARY 1, 2014 THROUGH JUNE 30, 2014. WHEREAS, the Oversight Board to the Successor Agency to the dissolved Bakersfield Redevelopment Agency has been appointed pursuant to the provisions of Health and Safety Code Section 34179; and WHEREAS, Health and Safety Code Sections 34177(1) (2) (B) and 34180(g) require the approval of the Recognized Obligation Payment Schedule by the Oversight Board; and WHEREAS, a Recognized Obligation Payment Schedule ( "ROPS 13 -148 ") and Administrative Budget for the period January 1, 2014 through June 30, 2014, have been prepared by the Successor Agency; and WHEREAS, on September 6, 2013, the Oversight Board to the Successor Agency of the dissolved Bakersfield Redevelopment Agency adopted by Resolution No. OB- 004 -13 approving the ROPS13 -14B and Administrative Budget for the period January 1, 2014 through June 30, 2014; and WHEREAS, the California State Department of Finance has reviewed the ROPS13 -14B and Administrative Budget for the period of January 1, 2014 through June 30, 2014, and has indicated that certain items approved in the prior ROPS (13 -14A) should be added to the ROPS 13 -14B for the period January 1, 2014 through June 30, 2014; and WHEREAS, in order to comply with the California Department of Finance direction, Successor Agency staff has duly revised the ROPS13 -14B referenced above; and WHEREAS, the Amended ROPS13 -14B and Administrative Budget have been presented to the Oversight Board for its consideration at an adjourned special meeting of the Oversight Board held on September 30, 2013; and . WHEREAS, all other legal prerequisites to the adoption of this Resolution have occurred. NOW, THEREFORE, BE IT RESOLVED by the Oversight Board as follows: SECTION 1. The foregoing recitals are true and correct. SECTION 2. The Oversight Board, at its adjourned special meeting of September 30, 2013, reviewed and considered the ROPS13 -14B, including the Successor Agency's Administrative Budget, presented by the Successor Agency. SECTION 3. The Amended ROPS13 -14B and Administrative Budget for the period January 1, 2014 through June 30, 2014, as set forth in Exhibit "A" attached hereto and by this reference incorporated herein, are hereby approved by the Oversight Board. SECTION 4. The Oversight Board authorizes and directs the Successor Agency to the dissolved Bakersfield Redevelopment Agency staff to take all actions necessary under the Dissolution Act to post the Amended ROPS13 -14B on the Successor Agency website, transmit the Amended ROPS13 -14B to the Auditor - Controller of the County of Kern and to the State Controller and the State Department of Finance, and to take any other actions necessary to ensure the validity of the Amended ROPS13 -14B or the validity of any enforceable obligation or other agreement approved by the Oversight Board in the Resolution. PASSED AND ADOPTED by the Oversight Board at the special meeting held on September 30, 2013. ---- - - - - -- 000---- - - - - -- C:\ Users \alawrenc \AppData \Local \Microsoft \Windows \Temporary Internet Files \Content.Outlook \V3QOM85T\OB ApprovAmendedROPS1- 1- 14thru06 -30 -14 Reso (2).docx ATTEST: STATE OF CALIFORNIA COUNTY OF KERN CITY OF BAKERSFIELD I, ROBERTA GAFFORD, Acting Secretary to the Oversight Board, hereby certify that the foregoing resolution was duly adopted at the special meeting of the Oversight Board on September 30, 2013. �: SEN APPROVED BOARD MEMEBERS: Bentley, Burke, BOARD MEMBERS: Y1Cf�&, BOARD MEMBERS:�ray.J SEP 3 0 2013 By . PHIL IP BENTLEY CHAIR, Oversighf goard APPROVED AS TO FORM: VIRGINIA GENNARO City Attorney By JOSHUA H. 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