Loading...
HomeMy WebLinkAboutResolutionRESOLUTION NO. 2014 — RESOLUTION OF THE BOARD OF THE SUCCESSOR AGENCY TO THE COMMUNITY DEVELOPMENT COMMISSION AS THE NATIONAL CITY REDEVELOPMENT AGENCY APPROVING AN ADMINISTRATIVE BUDGET FOR THE BOPS 14-15A PERIOD (JULY 1, 2014 THROUGH DECEMBER 31, 2014) WHEREAS, Health and Safety Code section 341770) requires that the Successor Agency prepare a proposed administrative budget for each upcoming six-month period and submit it to the Oversight Board for its approval; and WHEREAS, said administrative budget is to include estimated amounts for successor agency administrative costs, the proposed sources of payment, and proposals for arrangements for administrative and operations services provided by a city, county, city and county, or other entity; and WHEREAS, on June 17, 2014, the Executive Director submitted to the Board of the Successor Agency a proposed administrative budget for the Recognized Obligation Payment Schedule (ROPS) 14-15A period, and said budget has been discussed and deliberated in public session. NOW, THEREFORE, BE IT RESOLVED by the Board of the Successor Agency to the Community Development Commission as the National City Redevelopment Agency that the administrative budget for the ROPS period beginning July 1, 2014, with expenditures totaling $246,450, is hereby approved and directed to be submitted to the Oversight Board for its approval. PASSED and ADOPTED this 17th day of June, 2014. Ron Morrison, Chairman ATTEST: Michael R. Dalla, City Clerk as Secretary to the Successor Agency APPROVED AS TO FORM: Claudia Gacitua Silva Successor Agency Counsel