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6.4. B. - Page 8 <br /> City of Redwood City Successor Agency EOPS/ROPS <br /> Key for Statutes Category <br /> Enforceable Obligations <br /> 34167. This part is intended to preserve, to the inaiiinwn ei possible, the revenues and assets of <br /> redevelopment agencies so that those assets and revenues that are not needed to pa�- for enforceable <br /> obligations ma�- be i�sed b�-local goveinments to fiind core governinental seivices including police and <br /> fire protection seivices �nd schools. <br /> (d) For puiposes of this part, "enforceable obligation" ineans an�- of the follo�viug: <br /> Cate�oi <br /> (1) Bonds, as defined b�- Section 33602 and bonds issued pursuant to Section 58�0 of the <br /> Governinent Code. including the required debt seivice, reseive set-asides �nd an�- other pa�-inents <br /> required under the indenture or simila� docuinents governing the issuance of the outstanding <br /> bonds of the redevelopment agenc�-. <br /> (2) Loans of mone��s borro�ved b�- tlie redevelopment agenc�- for a la�vfiil purpose, including, but not <br /> liinited to, mone�-s boiro«ed fi the Lo�v and Moderate Incoine Housing Fund, to the eitent <br /> the�- are legall�- required to be repaid pursuant to a required repa�-ment schedule or other <br /> inandaton-loan tei7ns. <br /> (3) Payinents required b�- the federal govei7unent, preeiisting obligations to the state or obligations <br /> iinposed b�- state la�v. other than pass through pa�7nents that are made b�- the count�- auditor- <br /> controller pursuant to Section 34183, or legall��� enforceable pa�-ments required u1 connection �� <br /> the agencies' einplo�-ees. including, but not liinited to. pension pa�-�nents. pension obligation debt <br /> seivice, and unemplo�-ment payments. <br /> (4) Ji�dgments or settlements entered b�- a competent cotu of la« or binding arbitration decisions <br /> agaulst the foriner redevelopment agenc�T, other than pass through pa�-inents that �re made b�- the <br /> count�T auditor-controller pursuant to Section 34183. Along «-ith the successor agenc�-, the <br /> oversight boa��d shallliave the authorit�� and sta�iding to appeal an�- judginent or to set aside an�- <br /> settlement or arbitration decision. <br /> (5) An�-legall�- binding and enforceable agreement or contract that is not othei���ise void as violating <br /> the debt liinit or public polic5-. <br /> (6) Contracts or agreements necessal�T for the continued adininistration or operation of the <br /> redevelopinent agenc�- to the eitent permitted b�- this part, including, but not liinited to, <br /> agreements to pl�rchase or rent office space. equipment and supplies. and pa5--related eipenses <br /> pursuant to Section 33127 and for cari insurance pursuant to Section 3313�. <br />