That the City Council as Successor Agency:
1. Adopt Resolution No. SA 2024-XX. A Resolution of the City Council of the City of Moreno Valley, California, serving as Successor Agency to the Community Redevelopment Agency of the City of Moreno Valley Approving the Recognized Obligation Payment Schedule and Administrative Budget for the Period of July 1, 2025 through June 30, 2026 (ROPS 25-26) and Authorizing the City Manager acting for the Successor Agency or his Designee to Make Modifications Thereto; and
2. Authorize the City Manager acting for the Successor Agency or his Designee to make modifications to the Schedule; and
3. Authorize the transmittal of the ROPS 25-26, for the period of July 1, 2025 through June 30, 2026 (“Exhibit A”), including Administrative Budget (“Exhibit B”) for the said period, to the Countywide Oversight Board for County of Riverside for review and approval.