City Council

8.b.\nCOUNCIL TO RECEIVE AND FILE SUCCESSOR AGENCY TO THE SOUTH\nEL MONTE IMPROVEMENT DISTRICT’S APPROVED\nRECOGNIZED OBLIGATION PAYMENT SCHEDULE FOR THE\nANNUAL PERIOD JULY 1, 2026 THROUGH JUNE 30, 2027 (“ROPS 26-\n27”)\nOn January 12, 2026, the County Oversight Board approved the Successor\nAgency’s ROPS 26-27 by adopting Resolution No. OB 26-1. Staff requests\nCity Council receive and file ROPS 26-27.\nRECOMMENDED ACTION: Staff recommends City Council and\nSuccessor Agency Board Members receive and file ROPS 26-27.