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Section 1 . The recitals set forth above are true and correct and incorporated <br /> herein . <br /> Section 2. The Oversight Board hereby finds and determines that the ROPS <br /> revision is necessary and approves the Amended ROPS 16-17B , attached hereto as <br /> Exhibit A and incorporated herein by this reference, and hereby authorizes and directs <br /> the City Manager to make necessary revisions or amendments to the ROPS form based <br /> upon new direction or guidance from the State Department of Finance. <br /> Section 3 . The Oversight Board hereby authorizes and directs the City Clerk to <br /> transmit the approved Amended ROPS 16- 17B , by mail or electronic means, to the San <br /> Mateo County Auditor-Controller, the State Controller and the State Department of <br /> Finance by October 1 , 2016 . <br /> Section 4. The City Clerk is hereby authorized and directed to post a copy of the <br /> approved ROPS on the Successor Agency's website by October 1 , 2016 . <br /> Section 5. This resolution takes effect upon adoption . <br /> * * <br /> ATTY/RESO.0089./OB APPROVING AMENDED ROPS 16-178 <br /> REV: 09-15-16 VR <br /> Page 2 of 2 <br />