HomeMy WebLinkAboutRES NO OB001-16RESOLUTION NO. L /�?> D 1 1 6
A RESOLUTION OF THE OVERSIGHT BOARD TO THE
SUCCESSOR AGENCY OF THE DISSOLVED BAKERSFIELD
REDEVELOPMENT AGENCY APPROVING THE
RECOGNIZED OBLIGATION PAYMENT SCHEDULE AND
ADMINSTRATIVE BUDGET FOR THE PERIOD JULY 1, 2016
THROUGH JUNE 30, 2017.
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(8)
require the approval of the Recognized Obligation Payment Schedule by the
Oversight Board; and
WHEREAS, a Recognized Obligation Payment Schedule ( "ROPS16 -17 ") and
Administrative Budget for the period July 1, 2016 through June 30, 2017, have
been prepared by the Successor Agency; and
WHEREAS, the ROPS16 -17 and Administrative Budget have been
presented to the Oversight Board for its consideration at a special meeting of
the Oversight Board held on January 26, 2016.
NOW, THEREFORE, BE IT RESOLVED by the Oversight Board as follows:
The foregoing recitals are true and correct.
2. The Oversight Board, at its special meeting of January 26, 2016,
reviewed and considered the ROPS16 -17, including the Successor Agency's
Administrative Budget, presented by the Successor Agency.
3. The ROPS16 -17 and Administrative Budget for the period July 1, 2016
through June 30, 2017, as set forth in Exhibit "A" attached hereto and by this
reference incorporated herein, are hereby approved by the Oversight Board.
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 ROPS16 -17 on the Successor
Agency website, transmit the ROPS16 -17 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 ROPS16 -17 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
January 26, 2016.
- - - -- 000 - - - - --
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 January 26, 2016.
AYES' BOARD MEMEBERS: Bentley, Quid g, H u0r and Teglia
ES: BOARD MEMBERS: tfuh
ABSENT: BOARD MEMBERS: $µ�kq,\
ROBERTA GAFFORD, Acti Secretary
APPROVED JAN 2 6 2016
By
HILLIP BENTL
CHAIR, Oversight oard
APPROVED AS TO FORM:
VIRGINIA GENNARO
City Attorney
JOSHUA H. RUDNICK
eputy City Attorney II
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