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o2iavzoiz <br /> ORIGINAL <br /> SUCCESSOR AGENCY RESOLUTION NO. 12-02 <br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDWOOD <br /> CITY AS SUCCESSOR AGENCY TO THE REDWOOD CITY <br /> REDEVELOPMENT AGENCY APPROVING AN AMENDED <br /> ENFORCEABLE OBLIGATION PAYMENT SCHEDULE PURSUANT TO <br /> AB 1X 26 <br /> WHEREAS, in compliance with AB 1X 26, enacted by the California State <br /> Legislature and signed by the Governor as part of the 2011-2012 State budget, the City <br /> of Redwood City Redevelopment Agency adopted an Enforceable Obligation Payment <br /> Schedule ("EOPS") to allow the Agency to make payments on debts and obligations <br /> listed on the EOPS on January 23, 2012; and <br /> WHEREAS, Health and Safety Code Section 34169, added as part of AB 1X 26, <br /> allows that the EOPS may be amended at any public meeting of the Redevelopment <br /> Agency orthe SuccessorAgencythereto;and <br /> WHEREAS, the City of Redwood City as the Successor Agency to the City of <br /> Redwood City Redevelopment Agency desires to amend the EOPS to include all of the <br /> current enforceable obligations of the Successor Agency; <br /> NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF REDWOOD CITY <br /> AS THE SUCCESSOR AGENCY TO THE REDWOOD CITY REDEVELOPMENT <br /> AGENCY DOES HEREBY RESOLVE AS FOLLOWS: <br /> Section 1. Recitals The Recitals set forth above are true and correct and <br /> incorporated herein by reference. <br /> Section 2. Amendment of EOPS. The City of Redwood City as the <br /> Successor Agency to the Redwood City Redevelopment Agency hereby amends the <br /> Enforceable Obligation Payment Schedule, as set forth in the Amended Enforceable <br /> Obligations Payment Schedule attached hereto as Exhibit A("Amended EOPS"), as <br /> authorized by Health and Safety Code Section 34169. <br /> Section 3. Postinq; Transmittal to Appropriate Agencies. The City Clerk is <br /> hereby authorized and directed to post a copy of the Amended EOPS on the City's <br /> website. The City Clerk is further authorized and directed to transmit, by mail or <br /> electronic means, to the San Mateo County Auditor-Controller, the State Controller and <br /> the Department of Finance, notification providing the website location of the posted <br /> Amended EOPS and other information as required by AB 1X 26. <br /> ATTY/RES02206/SUCCESSOR AGENCY TO THE RWC REDEVELOPMENTAGENCY APPROVING AN AMENDED EOPS <br /> REV:02-22-12 VR <br /> SA RESO. 12-02 <br /> MUFF # 457 <br />