City Council

G. ROPS SUBMITTAL — JULY 2025 THROUGH JUNE 2026 The Department of Finance ( DOE) requires the Recognized Obligation Payment Schedule ( ROPS) for the period July 1, 2025 through June 30, 2026 be submitted to the DOE by February 1, 2025. Prior to that, the ROPS must be reviewed and approved by the Los Angeles County Consolidated Oversight Board. The deadline to submit the ROPS to the Oversight Board is December 13, 2024. Recommendation: That the Rosemead Successor Agency Board direct staff to submit the ROPS to the Los Angeles County Consolidated Oversight Board and approve and adopt Successor Agency Resolution No. 2024- 01 SA, entitled: December 10, 2024 A RESOLUTION OF THE SUCCESSOR AGENCY TO THE ROSEMEAD COMMUNITY DEVELOPMENT COMMISSION APPROVING THE RECOGNIZED OBLIGATION PAYMENT SCHEDULES FOR THE PERIOD OF JULY 1, 2025 THROUGH JUNE 30, 2026