City Council

1.g. Recognized Obligation Payment Schedule (ROPS 24-25) for\nJuly 1, 2024 Through June 30, 2025 and Last and Final\nRecognized Obligation Payment Schedule for Fiscal Year\n2024-25 Through 2032-33 Fiscal Impact: RPTTF Funded\nNon-Admin Obligations: $1,439,670 RPTTF Funded\nAdministrative Overhead: $ 50,000 Total ROPS 24-25\nExpenditure Request: $1,489,670\nRecommended Action: It is recommended that the City\nCouncil:\n1) Approve Resolution RSA-2024-01, a Resolution of the\nCity Council of the City of Placentia, California, acting\nas the Successor Agency to the Redevelopment\nAgency of the City of Placentia, California approving\nand adopting the Recognized Obligation Payment\nSchedule for the period of July 1, 2024 to June 30,\n2025 (ROPS 24-25); and\n2) Approve Resolution RSA-2024-02, a Resolution of the\nCity Council of the City of Placentia, California, acting\nas the Successor Agency to the Redevelopment\nAgency of the City of Placentia, California approving\nand adopting the Last and Final Recognized Obligation\nPayment Schedule for the period of July 1, 2024 to\nJune 30, 2033.\nStaff Report\nResolution RSA-2024-01\nExhibit A ROPS 24-25 Payment Schedule\nResolution RSA-2024-02\nExhibit A Last and Final ROPS through 2032-33