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Section 1. The recitals set forth above are true and correct and incorporated <br /> herein. <br /> Section 2. The Successor Agency hereby approves, and authorizes the <br /> Executive Director to execute, the Agreement for Payment of CaIPERS Pension and <br /> Retiree Health Benefit Unfunded Liabilities, attached hereto as Exhibit A and <br /> incorporated herein by this reference. <br /> Section 3. This resolution takes effect upon adoption. <br /> * * * <br /> ATTY/SA-RES0.2271/PENSION AND OPEB PAYMENTS <br /> REV: 01-17-13 VR Page 2 of 2 <br />