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Paradise Successor Agency approves ROPS for July 2025–June 2026, requests $62,000 for trustee and administrative costs
Summary
The Paradise Successor Agency on an unanimous vote approved its Recognized Obligation Payment Schedule (ROPS) for the period July 1, 2025, through June 30, 2026, and directed staff to forward the schedule to Butte County for submission to the California Department of Finance.
The Paradise Successor Agency on an unanimous vote approved its Recognized Obligation Payment Schedule (ROPS) for the period July 1, 2025, through June 30, 2026, and directed staff to forward the schedule to Butte County for submission to the California Department of Finance.
Agency staff member Aaron Marquez told directors the annual ROPS is required for repayment of the agency’s bonds and that the schedule being approved will be passed to Butte County for its January board meeting. "Due to the Camp…
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