Moreno Valley

City Council

August 15, 2023 Order of Business A #14

Agenda Item 14

A.14. RESOLUTION OF THE CITY OF MORENO VALLEY SERVING AS THE\nSUCCESSOR AGENCY TO THE COMMUNITY REDEVELOPMENT\nAGENCY OF THE CITY OF MORENO VALLEY APPROVING THE\nAMENDED RECOGNIZED OBLIGATION PAYMENT SCHEDULE FOR THE\nPERIOD OF JANUARY 1, 2024 THROUGH JUNE 30, 2024 (ROPS 23-24B)\n(Report of: Financial & Management Services)\nRecommendations: That the City Council as Successor Agency:\n1. Adopt Resolution No. SA 2023-XX. A Resolution of the City Council of\nthe City of Moreno Valley, California, Serving as Successor Agency to\nthe Community Redevelopment Agency of the City of Moreno Valley\nApproving the Amended Recognized Obligation Payment Schedule for\nthe Period of January 1, 2024 through June 30, 2024 (ROPS 23-24B),\nand Authorizing the City Manager acting for the Successor Agency or\nhis/her Designee to Make Modifications Thereto.\n2. Authorize the City Manager acting for the Successor Agency or his/her\nDesignee to make modifications to the Schedule.\n3. Authorize the transmittal of the ROPS 23-24B, for the period of\nJanuary 1, 2024 through June 30, 2024, (“Exhibit A”) to the\nCountywide Oversight Board, for County of Riverside, for review and\napproval.