The City of Rancho Palos Verdes Finance Department -Enforceable Obligation Payment Schedule The City of Rancho Palos Verdes Finance Department -Enforceable Obligation Payment Schedule The City of Rancho Palos Verdes Finance Department -Enforceable Obligation Payment Schedule
THE SUCCESSOR AGENCY TO THE RANCHO PALOS VERDES REDEVELOPMENT AGENCY

Staff Contact Person:

Kathryn Downs, Deputy Director of Finance & Information Technology
kathrynd@rpv.com
DL: 310-544-5216

AB X1 26, which was signed by the Governor of California on June, 29, 2011, added Parts 1.8 and 1.85 to the Community Redevelopment Law.  Part 1.8 immediately suspended most redevelopment agency activities and, among other things, prohibits redevelopment agencies from incurring indebtedness or entering into or modifying contracts. 

Pursuant to Health and Safety Code Section 34177, successor agencies are required to continue to make payments due for enforceable obligations of the former redevelopment agencies.

The Enforceable Obligation Payment Schedule can be viewed with the following link:
Enforceable Obligation Payment Schedule

Pursuant to Health and Safety Code Section 34177, successor agencies are required to prepare a draft initial Recognized Obligation Payment Schedule by March 1, 2012.

The Recognized Obligation Payment Schedules (ROPS) can be viewed with the following links:

  • ROPS14-15B - Oversight Board approval on September 24, 2014
  • ROPS14-15A - Oversight Board approval on February 26, 2014
  • ROPS13-14B - Oversight Board approval on September 18, 2013
  • ROPS 4 – (ROPS13-14A) - Adopted by the Oversight Board on February 27, 2013
  • ROPS 3 – Adopted by the Oversight Board on August 1, 2012
  • ROPS 2 – Adopted by the Oversight Board June 20, 2012 and Not Contested by California Department of Finance on July 10, 2012
  • ROPS 1 – Adopted by the Oversight Board May 16, 2012 and Approved by the California Department of Finance on May 26, 2012

The Schedules have not yet been certified by an audit of the Los Angeles County Auditor-Controller.

Recent staff reports regarding the City’s RDA follow:

OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE RANCHO PALOS VERDES REDEVELOPMENT AGENCY

Oversight Board Members

  • Steve Wolowicz – Chair – Los Angeles County Appointee 
  • Ken Dyda – Vice-Chair –RPV Mayor Appointee
  • Lydia Cano – Office of Education Appointee
  • Kit Fox – RPV Mayor Appointee
  • Gregory C. O’Brien, Jr - Los Angeles County Appointee
  • Michael Schneider – Fire District Appointee

AGENDAS

2014

2013

2012

APPROVED MINUTES

2014

2013

2012