City Council

1. APPROVAL OF RECOGNIZED OBLIGATION PAYMENT SCHEDULE\nAND ADMINISTRATIVE BUDGET FOR JULY 1, 2025 THROUGH JUNE\n30, 2026 AND ADOPTION OF RESOLUTION\nRECOMMENDED ACTION: Adopt the attached Resolution No. 2025-R01,\napproving and adopting the “Recognized Obligation Payment Schedule” for the\nperiod of July 1, 2025 through June 30, 2026 (ROPS 25-26) pursuant to AB x1 26\nas amended by AB 1484; and Adopt the attached Resolution No. 2025-R02,\napproving and adopting the proposed Administrative Budget for July 1, 2025\nthrough June 30, 2026. Total Cost: N/A Is the Cost of this item budgeted? N/A\nFund/Account No: Fund 87 Successor Agency\nF-1 Staff Report - SA 25-26 ROPS Azusa