City Council

5. ADOPT RESOLUTION APPROVING FY 2024-25 RECOGNIZED 24-002 OBLIGATION PAYMENT SCHEDULE (ROPS) FOR THE COSTA MESA SUCCESSOR AGENCY AND THEN APPROVE DISSOLUTION OF THE SUCCESSOR AGENCY TO THE COSTA MESA REDEVELOPMENT AGENCY RECOMMENDATION: Staff recommends the City Council/Successor Agency Board: 1. Approve a Resolution of the City Council/Successor Agency Board of the City of Costa Mesa, California, approving the Recognized Obligation Payment Schedule (ROPS) in the amount of $0 for the Fiscal Year 2024 -25 (Attachment 1 and Exhibit A). 2. Approve a Resolution of the City Council/Successor Agency Board of the City of Costa Mesa, California, requesting the Oversight Board, Orange County Auditor-Controller and California Department of Finance approve of the dissolution of the Successor Agency to the Costa Mesa Redevelopment Agency (Attachment 2). 3. Direct the submission of the Resolutions to the Orange County Auditor-Controller and the California State Department of Finance. Attachments: 1. Resolution ROPS FY 2023-24 2. Resolution to Dissolve the Successor Agency 3. Exhibit A -ROPS Payment Schedule 24-25