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HomeMy WebLinkAboutRES NO OB002-14RESOLUTION NO. ZT O ? - 14 A RESOLUTION OF THE OVERSIGHT BOARD TO THE SUCCESSOR AGENCY TO THE DISSOLVED BAKERSFIELD REDEVELOPMENT AGENCY APPROVING THE RECOGNIZED OBLIGATION PAYMENT SCHEDULE AND ADMINSTRATIVE BUDGET FOR THE PERIOD JULY 1, 2014 THROUGH DECEMBER 31, 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 ( "ROPS14 -15A ") and Administrative Budget for the period July 1, 2014 through December 31, 2014, have been prepared by the Successor Agency; and WHEREAS, the ROPS14 -15A and Administrative Budget have been presented to the Oversight Board for its consideration at an adjourned regular meeting of the Oversight Board held on February 24, 2014; 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 regular meeting of February '2_q, 2014, reviewed and considered the ROPS14 -15A, including the Successor Agency's Administrative Budget, presented by the Successor Agency. SECTION 3. The ROPS14 -15A and Administrative Budget for the period July 1, 2014 through December 31, 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 ROPS14 -15A on the Successor Agency website, transmit the ROPS14 -15A 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 ROPS14 -15A 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 regular meeting held on February 24, 2014. •1• ATTEST: STATE OF CALIFORNIA COUNTY OF KERN CITY OF BAKERSFIELD I, ROBERTA GAFFORD, Acting Secretary to the Oversight Board, hereby certify that the foregoing re oluti was duly adopted at the regular meeting of the Oversight Board on _ AYES: S: ABS APPROVED FrB241 4 BOARD MEMEBERS: BOARD MEMBERS: Nl0AQ- BOARD MEMMBERS:'$u�k2 �v.rrv�J FEB 2 4 2014 By U. xv PHILLIP BENTLE CHAIR, Oversight Board APPROVED AS TO FORM: VIRGINIA GENNARO City Attorney B JOSHUA H. RUDNICK Deputy City Attorney II JHR /vl v 'Carc\y % — jve \%a J��u L ROBERTA GAFFORD, Acting Secretary C:\ Users \alawrenc \AppData \Local \Microsoft \Windows \Temporary Internet Files \Content.Outlook \UOW8QKOK \ROPS 14 15 A 7- 1- 14thru 12- 31- 14.docx