(1) Adoption of a Resolution Approving the Recognized Obligation Payment Schedule (ROPS) for the Period of July 1 2013 Through December 31 2013 and Approving Certain Related Actions; (2) Adoption of a Resolution Approving the Successor Agency Administrative Budget for the Period of July 1 2013 Through December 31 2013 and Approving Certain Related Actions; and (3) Authorize the Executive Director to Make Such Payments on Behalf of the Successor Agency. Item Number: C 1 Meeting Date: 02/4/2013 SUCCESSOR AGENCY TO THE CULVER CITY REDEVELOPMENT AGENCY AGENDA ITEM: (1) Adoption of a Resolution Approving the Recognized Obligation Payment Schedule (ROPS) for the Period of July 1 2013 Through December 31 2013 and Approving Certain Related Actions; (2) Adoption of a Resolution Approving the Successor Agency Administrative Budget for the Period of July 1 2013 Through December 31 2013 and Approving Certain Related Actions; and (3) Authorize the Executive Director to Make Such Payments on Behalf of the Successor Agency. Contact Person/Dept.: Jeff Muir Fiscal Impact: Yes X No Public Hearing: Department Approval: Jeff Muir (01/30/13) Chief Financial Officer Approval: Jeff Muir (01/30/13) Attachments: X Successor Agency General Counsel Approval: Carol Schwab (by H. Baker) (01/30/13) Executive Director Approval: John Nachbar (01/30/13) Phone Number: (310) 253 5865 Action Item: City of Culver City California Agenda Item Report RECOMMENDATION: Staff recommends the Successor Agency Board (1) adopt a Resolution approving the Recognized Obligation Payment Schedule (ROPS) for the period of July 1 2013 through December 31 2013 and approving certain related actions; (2) adopt a Resolution approving the Successor Agency Administrative Budget for the period of July 1 2013 through December 31 2013 and approving certain related actions; and (3) authorize the Executive Director to make such payments on behalf of the Successor Agency. BACKGROUND / DISCUSSION: Pursuant to Assembly Bill X1 26 ( A...
Click here for full text