OB-14-02 - Laserfiche WebLink

Browse Search

WHEREAS, Section 34177 and 34180 require the approval of the ROPS 14-15A by the Oversight Board by March 1, 2014; and WHEREAS, the Successor Agency submitted a copy of the ROPS 14-15A to the County Administrative Officer, the County Auditor-Controller, and the State Department of Finance at the same time that the Successor Agency submitted the ROPS 14-15A to the Oversight Board for approval; and WHEREAS, the Oversight Board held a public meeting on February 13, 2014, and considered the ROPS 14-15A following the notice required by law. NOW, THEREFORE, THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE REDWOOD CITY REDEVELOPMENT AGENCY DOES HEREBY RESOLVE AS FOLLOWS: Section 1. The recitals set forth above are true and correct and incorporated herein. Section 2. The Oversight Board hereby approves the ROPS 14-15A, attached hereto as Exhibit A and incorporated herein by this reference, and hereby authorizes and directs the City Manager to make necessary revisions or amendments to the ROPS form based upon new direction or guidance from the State Department of Finance. Section 3. The Oversight Board hereby authorizes and directs the City Clerk to transmit the approved ROPS 14-15A, by mail or electronic means, to the San Mateo County Auditor-Controller, the State Controller and the State Department of Finance by March 1, 2014. Section 4. The City Clerk is hereby authorized and directed to post a copy of the approved ROPS on the Successor Agency's website by March 1, 2014. Section 5. This resolution takes effect upon adoption. * * * ATTY/RES0.2958/OB APPROVING ROPS 14-15A RESO.OB#14-02 REV:02-05-14 VR Page 2 of 3