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Successor agency approves ROPS and administrative budget for former redevelopment obligations
Summary
The successor agency to Ukiah’s former redevelopment agency approved the Recognized Obligation Payment Schedule (ROPS) and an administrative budget for July 1, 2023–June 30, 2024; staff said the remaining redevelopment debt is expected to mature in 2028.
The Successor Agency to the former City of Ukiah Redevelopment Agency approved its Recognized Obligation Payment Schedule (ROPS) and administrative budget Jan. 15, a routine annual action to request county-held trust funds to meet remaining obligations tied to the former redevelopment agency.
Finance Director Dan Buffalo told the oversight body these are debt obligations dating back to 2009 and earlier that…
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