My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
Oversight Board Resolution OB2012-07
SharedDocs
>
City Clerk
>
Resolutions
>
Oversight Board for the Successor Agency
>
2012
>
Oversight Board Resolution OB2012-07
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
6/13/2012 8:55:36 AM
Creation date
6/13/2012 8:36:25 AM
Metadata
Fields
Template:
Resolutions
Title
Oversight Board Resolution
Resolution Number
OB2012-07
Date Adopted MM/DD/YYYY
6/11/2012
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
10
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
OVERSIGHT BOARD FOR THE SUCCESSOR AGENCY TO THE <br />FAIRFIELD REDEVELOPMENT AGENCY <br />RESOLUTION NO. 0B2012 C:�` <br />A RESOLUTION OF THE OVERSIGHT BOARD FOR THE SUCCESSOR AGENCY <br />TO THE FAIRFIELD REDEVELOPMENT AGENCY APPROVING MODIFIED <br />RECOGNIZED OBLIGATION PAYMENT SCHEDULES PURSUANT TO HEALTH <br />AND SAFETY CODE SECTION 34180 FOR THE SIX-MONTH FISCAL PERIOD <br />COMMENCING JANUARY 1, 2012 AND ENDING JUNE 30, 2012 AND THE SIX- <br />MONTH FISCAL PERIOD COMMENCING JULY 1, 2012 AND ENDING <br />DECEMBER 31, 2012 THAT WERE APPROVED BY THE DEPARTMENT OF <br />FINANCE, AND TAKING CERTAIN ACTIONS IN CONNECTION THEREWITH <br />WHEREAS, Health and Safety Code Section 34177 provides that before each six- <br />month fiscal period, a successor agency to a former redevelopment agency must <br />prepare a Recognized Obligation Payment Schedule ("ROPS") for the enforceable <br />obligations of the former redevelopment agency in accordance with the requirements of <br />Section 34177 and <br />WHEREAS, the Oversight Board for the Successor Agency (the "Oversight Board") <br />approved a ROPS for the six-month fiscal period that commences on January 1, 2012 <br />and ends on June 30, 2012, (the "First ROPS") and a ROPS for the six-month fiscal <br />period that commences on July 1, 2012 and ends on December 31, 2012, (the "Second <br />ROPS") on April 9, 2012; and <br />WHEREAS, in response to feedback provided by the Department of Finance ("DOF") in <br />a letter dated April 20, 2012, the First and Second ROPS were revised by the <br />Successor Agency and approved with amendments by the Oversight Board on May 14, <br />2012; and <br />WHEREAS, the DOF reviewed the First and Second ROPS approved by the Oversight <br />Board on May 14, 2012 and directed the Successor Agency to make certain changes to <br />the First and Second ROPS in order to secure approval of the First and Second ROPS; <br />and <br />WHEREAS, the DOF approved the First and Second ROPS, which was confirmed in a <br />letter dated May 24, 2012; and <br />WHEREAS, the DOF's approval is based on the Oversight Board's approval of the final <br />modified First and Second ROPS. <br />
The URL can be used to link to this page
Your browser does not support the video tag.