CLEARLAKE — The Clearlake Redevelopment Oversight Board will meet Thursday at 9 a.m. to consider a series of resolutions in its role as successor to the Clearlake Redevelopment Agency.
The board is expected to acknowledge and approve the State Department of Finances” final determination of findings and amend the due diligence review of all other funds.
The board is also expected to acknowledge and authorize the necessary actions to implement the use of bond proceeds and add loan agreements between the former redevelopment agency and the city.
In addition, the board is expected to review and comment on a preliminary draft of the state”s recognized obligation payment (ROP) schedule.
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