OSB 12-001RESOLUTION NO. OSB 12 -001
A RESOLUTION OF THE OVERSIGHT BOARD TO THE SUCCESSOR AGENCY OF
THE POWAY REDEVELOPMENT AGENCY APPROVING THE RECOGNIZED
OBLIGATION PAYMENT SCHEDULE (ROPS) FOR THE PERIOD FROM JANUARY 1,
2013 THROUGH JUNE 30, 2013
WHEREAS, Assembly Bill (AB) X1 26 requires the Oversight Board to review and
certify the Recognized Obligations Payment Schedule (ROPS) for every six month
period, beginning January 1, 2012; and
WHEREAS, AB 1484 requires the ROPS for January through June 2013 be
approved by the Oversight Board and submitted by September 1, 2012; and
WHEREAS, AB 1484 requires that all actions taken by the Oversight Board be
adopted by resolution (Health and Safety Code § 34179(e)); and
WHEREAS, Exhibit "A" attached hereto and incorporated by reference herein is
the third ROPS and covers the period from January 1, 2013 through June 30, 2013.
NOW, THEREFORE, BE IT RESOLVED by the Oversight Board to the Successor
Agency of the Poway Redevelopment Agency as follows:
Section 1. The ROPS for the period of January 1, 2013 through June 30, 2013 is
hereby adopted.
Section 2. The City Manager of the City of Poway, or designee, is authorized to
submit the ROPS to the appropriate State and County authorities, and to post it on the
City of Poway website, in accordance with the requirements of AB 1484.
PASSED, ADOPTED AND APPROVED the Oversight Board to the Successor Agency
of the Poway Redevelopment Agency at a special meeting thereof this 22nd day of
August 2012.
j�� ►./"fir
Bruce Tarzy, C -air
A EST:
Lin a A. Troyan, MMC, City Jerk
City 6f Poway
Attachment: ROPS for the period of January 1, 2013 through June 30, 2013
Resolution No. OSB 12 -001
Page 2
STATE OF CALIFORNIA )
) ss.
COUNTY OF SAN DIEGO)
I, Linda Troyan, MMC, City Clerk of the City of Poway, do hereby certify under penalty
of perjury that the foregoing Resolution No. OSB 12 -001 was duly adopted by the
Oversight Board to the Successor Agency of the Poway Redevelopment Agency at a
meeting of said Board held on the 22nd day of August 2012, and that it was so adopted
by the following vote:
AYES: TARZY, FONG- SAKAI, DISHMAN, LYON, TAM, THOLANDI
NOES: NONE
ABSENT: SCOTT
DISQUALIFIED: NONE
da . Troyan, MMC, Ci Clerk
City of Poway