Laserfiche WebLink
CITY OF SAN LEANDRO <br />STAFF REPORT <br />DATE: December 21, 2007 <br />TO: John Jermanis, City Manager <br />FROM: Luke Sims, Commu~n~ijt~^y Development Director~~,~ <br />BY: Cynthia Battenberg, assistant to the City ManGaPg'~ejr <br />SUBJECT PROJECT/PROJECT DESCRIPTION: <br />APPROVED AND <br />FORWARDED <br />TO THE CITY COUNCIL <br />Jo ` ~ermanis, <br />Ci ager <br />MATTER OF FY 2006-07 REDEVELOPMENT AGENCY OF THE CITY OF SAN <br />LEANDRO ANNUAL REPORT <br />SUMMARY AND RECOMMENDATION <br />Staff recommends that the City Council accept by minute order the FY 2006-07 Redevelopment <br />Agency Annual Report. <br />BACKGROUND <br />Current City Policy <br />Section 33080 of the Health and Safety Code requires that the legislative body review the <br />Redevelopment Agency's Annual Report. The Annual Report consists of four major <br />components: (1) the Financial Transactions Report required by the State Controller's Office; (2) <br />Basic Financial Statements and Independent Auditors' Reports prepared by Vavrinek, Trine, Day <br />and Company, LLP; (3) the Housing Activity Report for the State Housing and Community <br />Development Department; and (4) smaller Agency reports on Activities to Eliminate Blight, the <br />Status of Agency Loans, and Property Owned and Acquired by the Agency. Each year, staff <br />prepares the components of the reports and submits them to the City Council for acceptance. <br />The Annual Report is also filed with the State Housing and Community Development <br />Department and the State Controller's office. <br />Previous City Council Action(s) <br />The City Council reviews the state-mandated Annual Report of Agency activities on a yearly <br />basis. <br />City Council Committee Review and Action: None <br />Applicable General Plan Policy: None <br />