City Council

G. ROPS SUBMITTAL — JULY 2025 THROUGH JUNE 2026\nThe Department of Finance ( DOE) requires the Recognized Obligation Payment\nSchedule ( ROPS) for the period July 1, 2025 through June 30, 2026 be submitted to\nthe DOE by February 1, 2025. Prior to that, the ROPS must be reviewed and\napproved by the Los Angeles County Consolidated Oversight Board. The deadline\nto submit the ROPS to the Oversight Board is December 13, 2024.\nRecommendation: That the Rosemead Successor Agency Board direct staff to submit\nthe ROPS to the Los Angeles County Consolidated Oversight Board and approve and\nadopt Successor Agency Resolution No. 2024- 01 SA, entitled:\nDecember 10, 2024\nA RESOLUTION OF THE SUCCESSOR AGENCY TO THE\nROSEMEAD COMMUNITY DEVELOPMENT COMMISSION\nAPPROVING THE RECOGNIZED OBLIGATION PAYMENT\nSCHEDULES FOR THE PERIOD OF JULY 1, 2025 THROUGH\nJUNE 30, 2026