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This document provides the Recognized Obligation Payment Schedule for the Successor Agency of the City of Grass Valley, detailing obligations for the period from January to June 2013, including the
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How to fill out successor agency recognized obligation

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How to fill out Successor Agency Recognized Obligation Payment Schedule

01
Obtain the Successor Agency Recognized Obligation Payment Schedule (ROPS) form from your state or local agency.
02
Identify all obligations of the agency that need to be paid during the specified period.
03
List each obligation separately, including details such as the obligation's description, payment amounts, funding sources, and payment schedules.
04
Include all relevant documentation and attachments that support the obligations listed.
05
Ensure that all information is accurate and complies with state regulations.
06
Review the ROPS with agency staff and legal counsel to confirm accuracy.
07
Submit the completed ROPS to the appropriate oversight board for approval before the deadline.
08
Make any necessary adjustments based on feedback from the oversight board.

Who needs Successor Agency Recognized Obligation Payment Schedule?

01
Successor agencies responsible for winding down the affairs of former redevelopment agencies.
02
Local governments that have designated successor agencies.
03
State oversight boards that review and approve recognized obligation payment schedules.
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The Successor Agency Recognized Obligation Payment Schedule (ROPS) is a document that outlines the obligations and payments that a successor agency must pay in order to meet its financial commitments related to former redevelopment projects following the dissolution of redevelopment agencies in California.
Successor agencies, which are designated governmental entities that take over the responsibilities of dissolved redevelopment agencies, are required to file the ROPS.
To fill out the ROPS, successor agencies should list all recognized obligations, including descriptions, funding sources, payment dates, and amounts. This schedule must be completed annually and submitted to the appropriate oversight board and state agencies.
The purpose of the ROPS is to ensure that all financial obligations of the former redevelopment agencies are adequately documented, allowing for transparency and proper management of public funds during the wind-down process.
The information required on the ROPS includes the description of each obligation, the funding source, the payment amounts, dates of payment, and other relevant details related to financial obligations that need to be met by the successor agency.
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