What is ROPS?
ROPS is short for Recognized Obligation Payment Schedule. Successor Agencies are responsible for preparing a ROPS in a manner
provided by Finance, listing the enforceable obligations of the former
RDA and their source of payment. ROPS are subject to the approval of the
local Oversight Board.
Legal Specifics of ROPS
Pursuant to the Fourth Amended and Restated JPA establishing the Victor Valley Economic Development Authority, the Victor Valley Economic Development Authority has delegated certain decision-making authority to the Victorville Redevelopment Agency and pursuant to Health and Safety Code Section 34172, the Redevelopment Agency is deemed dissolved; and pursuant to Resolution No. 12-005, the City Council of the City of Victorville confirmed that the City of Victorville shall serve as the successor agency to the Redevelopment Agency and pursuant to Health and Safety Code Section 34177 a successor agency is required to adopt a Recognized Obligation Payment Schedule (“ROPS”) that lists all of the obligations that are considered enforceable. Pursuant to Health and Safety Code Section 34177(a)(3), the Successor Agency is prohibited from making a payment unless it is listed on an adopted ROPS.
ROPS Documents for VVEDA
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