City Council

16.\n(Successor Agency) Request for Subordination of Statutory PassThrough Payments in Connection with Proposed Issuance of Tax\nAllocation Refunding Bonds from the Successor Agency of the\nformer County of Riverside Redevelopment Agency\nGeoffrey Buchheim, Administrative Services Director\n927 - 934\nRecommendation:\nApprove the Acknowledgement of the request by the Successor Agency\nto the Redevelopment Agency for the County of Riverside to subordinate\nthe City of Desert Hot Springs’ Statutory Pass-through payments after the\nSuccessor Agency to the County former Redevelopment Area’s payment\nobligations for the 2025C Bonds.\nStaff Report - SR-25-173 - Pdf