. >> and jessie smith, the city attorney's office. the operative logs, as you probably know, this is np

. >> and jessie smith, the city attorney's office. the operative logs, as you probably know, this is unprecedented to move this quickly to dissolve local bodies of this size throughout the state, basically within a month. there are lots of unanswered questions, but some things are clear. it will require a city to create an oversight board. but there is nothing to prevent the city from doing it earlier. the city will be acquiring at least of the non-housing aspect. even if he were to do nothing with the resolution before you, the time to opt out has passed for the non-housing assets. as you probably know, you have to approve the resolution. the resolution provides for additional responsibilities to the oversight board. there are certain duties that the city would have to create the oversight board for a non- housing assets. the resolution gives the oversight board has some additional responsibilities as mr. young pointed out for the three major approved development projects that are bound by the constellation of enforceable publication