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City of San Leandro <br />Meeting Date: January 6, 2020 <br />Staff Report <br />Agenda Section:File Number:19-660 CONSENT CALENDAR <br />Agenda Number:8.D. <br />TO:City Council <br />FROM:Jeff Kay <br />City Manager <br />BY:Tom Liao <br />Community Development Director <br />FINANCE REVIEW:David Baum <br />Finance Director <br />TITLE:Staff Report for a Resolution of the Successor Agency to the Redevelopment <br />Agency of the City of San Leandro Adopting a Recognized Obligation Payment <br />Schedule (ROPS) for the Period July 1, 2020 - June 30, 2021, Pursuant to Health <br />and Safety Code Section 34177(l) <br />RECOMMENDATIONS <br />Staff recommends that the City Council, acting as governing board of the Successor Agency to <br />the Redevelopment Agency of the City of San Leandro, adopt a Resolution approving a <br />Recognized Obligation Payment Schedule for the period from July 1, 2020 through June 30, <br />2021. <br />BACKGROUND <br />Pursuant to Assembly Bill x1 26, on January 9, 2012, the City Council affirmed its decision to <br />have the City serve as the Successor Agency to the former Redevelopment Agency (Successor <br />Agency). Assembly Bill 1484, passed by the State Legislature on June 27, 2012, modified AB x1 <br />26 to clarify that successor agencies are separate legal entities from the city that formed the <br />redevelopment agency. Under Senate Bill 107, introduced and passed by the State Legislature <br />on September 11, 2015, the Successor Agency is obligated to prepare a Recognized Obligation <br />Payment Schedule (ROPS) every fiscal year that lists all enforceable obligations payable during <br />that twelve month period. This differs from the previous requirement to prepare a ROPS for every <br />six-month period. The Successor Agency can only pay obligations that are listed on the ROPS <br />and approved by the DOF. <br />Approval of the ROPS by the Successor Agency Oversight Board is also required prior to <br />submission to the California Department of Finance (DOF). Under Health and Safety Code <br />Section 34179(j), a single Countywide Oversight Board (Oversight Board) commenced as of July <br />1, 2018. If approved by the Successor Agency, the San Leandro ROPS will be brought before <br />the Alameda Countywide Oversight Board at its January 22, 2020 meeting. Approvals from both <br />Page 1 City of San Leandro Printed on 12/23/2019 <br />25