City Council

4. Approval of the Recognized Obligation Payment Schedule (“ROPS”) and Administrative Budget for FY 2023-24 for DOF Submission. (Successor Agency to the Bell Community Redevelopment Agency) Recommendation: It is recommended that the Members of the Successor Agency approve the Recognized Obligation Payment Schedule (“ROPS”) for the 2023-24 Fiscal Period of July 1, 2023, to June 30, 2024, and the Administrative Budget for the 2023-24 Fiscal Period with the attached documents for submission to the Oversight Board for further approval on January 24, 2023, and authorization to transmit to the California Department of Finance under dissolution law by February 1, 2023.