REPORT/RECOMMENDATION TO THE SAN BERNARDINO COUNTYWIDE

OVERSIGHT BOARD AND RECORD OF ACTION

Month DD, YYYY

FROM

ENTER NAME, Enter Title, Enter Department

SUBJECT

..Title

Resolution approving the Successor Agency to the Redevelopment Agency of the Entity Name’s Recognized Obligation Payment Schedule and administrative budget for Fiscal Year 20 -

..End

RECOMMENDATION(S)

..Recommendation

Adopt a Resolution approving the Successor Agency to the Redevelopment Agency of the Entity Name’s Recognized Obligation Payment Schedule and administrative budget for Fiscal Year 20 - .

(Presenter: Enter Name, Title, Agency, Phone Number of presenter)

..Body

BACKGROUND INFORMATION

California Health & Safety Code Section (HSC) 34177 requires the San Bernardino Countywide Oversight Board (CWOB) to approve the 20 - Recognized Obligation Payment Schedule (ROPS) and administrative budget. The ROPS is an annual form and must be submitted to the Department of Finance (DOF) and the County Auditor-Controller by February 1st of each year. Pursuant to HSC 34179(h)(1)(B), the administrative budget is not required to be sent to DOF.

DOF will have until April 15th to review the 20 - ROPS and provide the successor agency a compliance determination. If the successor agency disagrees with the DOF determination, a “meet and confer” is allowed to facilitate a discussion between the successor agency and DOF. In the event of a meet and confer process, DOF must make a final compliance determination on or before May 15th or 15 days prior to the June 1st Redevelopment Property Tax Trust Fund (RPTTF) distribution.

The recommended action will further the Successor Agency to the Redevelopment Agency of the Entity Name’s (Successor Agency) dissolution as an annual ROPS is required by DOF as part of the wind-down of the Successor Agency. There is increase requested in the amount required from the RPTTF from the last annual ROPS approved. {If there is an increase, explain why here. Delete these instructions before sending to the County for review.}

It is recommended the CWOB approve the Successor Agency’s 20 - ROPS and administrative budget. The draft 20 - ROPS will be provided to DOF, the County Auditor-Controller and the County Administrative Office as required by HSC 34177(I)(2)(B). The adopted 20 - ROPS will be provided to DOF and the County Auditor-Controller pursuant to HSC 34177(o). This will commence the DOF review period.

ATTACHMENTS

Attachment A – Resolution

Attachment B – ROPS for Fiscal Year 20 -

Attachment C – Administrative budget for Fiscal Year 20 -

REVIEW BY OTHERS

This item has been reviewed by Community Development and Housing Agency on Month DD, YYYY and San Bernardino Countywide Oversight Board Legal Counsel on Month DD, YYYY.