City Council

10.B. Resolution Adopting the Recognized Obligation Payment Schedule and Administrative Budget for July 1, 2027 - June 30, 2028 It is recommended that the City Council, acting as the governing board of the Monterey Park Successor Agency, consider: 1. Adopting a resolution approving the Recognized Obligation Payment Schedule (ROPS 27-28 A&B) for the period between July 1, 2027 - June 30, 2028; 2. Approving the Successor Agency Administrative Budget for July 1, 2027 - June 30, 2028; 3. Directing the City Manager, or designee, to post and transmit the ROPS and Administrative Budget to the appropriate public agencies; and 4. Taking such additional, related, action that may be desirable.