City Council

18. Review and Approval of Recognized Obligation Payment Schedule\nEnforceable Obligations for the 25-26 A-B Annual Fiscal Period of July 1,\n2025 to June 30, 2026\nRecommended Action: (1) Adopt Successor Agency Resolution 24-XX Approving the\nRecognized Obligation Payment Schedule 25-26 A-B Enforceable Obligations for the\nAnnual Fiscal Period of July 1, 2025 to June 30, 2026, Subject to Submittal to and\nReview by the Orange Countywide Oversight Board and by the Department of\nFinance Under the Division 24, Part 1.85 of the California Health and Safety Code,\nand Authorizing the Posting and Transmittal Thereof; and (2) further, the Director of\nAdministrative Services, in consultation with legal counsel, shall be authorized to\nrequest and complete meet and confer session(s), if any, with the Department of\nFinance and authorized to make augmentations, modifications, additions or revisions\nas may be necessary or directed by the Department of Finance.