HomeMy WebLinkAboutFresno Revitalization Corporation Resolution - FRC 23v`ir p� FRf s�v
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SUCCESSOR AGENCY RESOLUTION NO. SA-54 Q
FRESNO REVITALIZATION CORPORATION RESOLUTION NO. FRC 23
A RESOLUTION OF THE SUCCESSOR AGENCY TO THE
REDEVELOPMENT AGENCY OF THE CITY OF FRESNO
APPROVING THE RECOGNIZED OBLIGATION PAYMENT
SCHEDULE FOR JULY 1, 2024 TO JUNE 30, 2025
WHEREAS, pursuant to Health and Safety Code Section 34177(o)(1), for each
period from July 1 to June 30, a successor agency shall submit a Recognized
Obligation Payment Schedule to the department of finance and to the county auditor -
controller no later than February 1; and
WHEREAS, the Recognized Obligation Payment Schedule is subject to approval
by the Countywide Oversight Board which was established pursuant to Health & Safety
Code Section 341790); and
WHEREAS, under Title 14 of the California Code of Regulations, Section
15378(b)(4), the approval of this Recognized Obligation Payment Schedule is exempt
from the requirements of the California Environmental Quality Act ("CEQA") in that it is
not a project, but instead consists of the continuation of an existing governmental
funding mechanism for potential future projects and programs, and does not commit
funds to any specific project or program, because it merely lists enforceable obligations
previously entered into and approved by the Agency.
NOW, THEREFORE, BE IT RESOLVED that the Successor Agency to the
Redevelopment Agency of the City of Fresno and the Fresno Revitalization Corporation
do hereby resolve as follows:
SECTION 1: The foregoing recitals are true and correct.
1 of 3
Date Adopted: 01/11/2024 SA Resolution No. 54
Date Approved: 01 /11 /2024 Fresno Revitalization Corporation Resolution No. FRC 23
Effective Date: 01 /11 /2024
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SECTION 2: The Successor Agency Board hereby approves and adopts the
Recognized Obligation Payment Schedule for the period of July 1, 2024 to June 30,
2025, attached as Exhibit 1.
SECTION 3: The Successor Agency Executive Director, or designee, is hereby
authorized to take such actions as are necessary and appropriate to implement this
Resolution including, but not limited to, transmitting the Recognized Obligation Payment
Schedule to the Countywide Oversight Board for approval and meeting the filing
requirement with the Department of Finance, State Controller's Office and Fresno
County Auditor -Controller.
SECTION 4: This Resolution shall take effect immediately upon its adoption.
**************
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STATE OF CALIFORNIA )
COUNTY OF FRESNO ) ss.
CITY OF FRESNO )
I, Todd Stermer, Ex-Officio Clerk of the Successor Agency to the Redevelopment
Agency of the City of Fresno, certify that the foregoing resolution was adopted by
the Successor Agency, at a regular meeting held on the 11th day of January
2024.
AYES : Perea, Karbassi, Arias, Maxwell, Chavez, Bredefeld, Esparza
NOES : None
ABSENT : None
ABSTAIN : None
APPROVED AS TO FORM:
ANDREW JANZ
Ex-Offiicio Attorney to the Successor
Agency to the Redevelopment Agency
of the City of Fresno
By: LOA [) at,,
Tracy Pa a ian Date
Supervising Deputy City Attorney
Attachment: Exhibit 1
Todd Stermer
City Clerk
By_ J ���rf
Deputy Date
3 of 3
or
FR fry
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Exhibit 1
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Recognized Obligation Payment Schedule (ROPS 24-25) - Summary
Filed for the July 1, 2024 through June 30, 2025 Period
Successor Agency: Fresno City
County: Fresno
Current Period Requested Funding for Enforceable
Obligations (ROPS Detail)
A Enforceable Obligations Funded as Follows (B+C+D)
B Bond Proceeds
C Reserve Balance
D Other Funds
E Redevelopment Property Tax Trust Fund (RPTTF) (F+G
F RPTTF
G Administrative RPTTF
H Current Period Enforceable Obligations (A+E)
Certification of Oversight Board Chairman:
Pursuant to Section 34177 (o) of the Health and Safety
code, I hereby certify that the above is a true and
accurate Recognized Obligation Payment Schedule for
the above named successor agency.
24-25A Total 24-25B Total ROPS 24-25
(July - (January - Total
December) June)
$ 1,563,194 $ 559,936 $ 2,123,130
1,438,194 434,936 1,873,130
125,000 125,000 250,000
$ 1,563,194 $ 559,936 $ 2,123,130
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