West Covina

City Council

December 19, 2023 Item #5

Agenda Item 5

5) CONSIDERATION OF APPROVAL AND TRANSMITTAL OF AN ADMINISTRATIVE BUDGET\nAND A RECOGNIZED OBLIGATION PAYMENT SCHEDULE (“ROPS”) FOR THE PERIOD OF\nJULY 1, 2024 THROUGH JUNE 30, 2025 FOR THE SUCCESSOR AGENCY TO THE\nFORMER WEST COVINA REDEVELOPMENT AGENCY\nIt is recommended that the City Council, acting as the Successor Agency to the former West\nCovina Redevelopment Agency, adopt the following resolution:\nRESOLUTION NO. 2023-110 – A RESOLUTION OF THE SUCCESSOR AGENCY TO\nTHE FORMER WEST COVINA REDEVELOPMENT AGENCY APPROVING AND\nAUTHORIZING THE TRANSMITTAL OF AN ADMINISTRATIVE BUDGET AND A\nRECOGNIZED OBLIGATION PAYMENT SCHEDULE (“ROPS”) FOR THE PERIOD OF\nJULY 1, 2024 THROUGH JUNE 30, 2025