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IN THE CITY COUNCIL OF THE CITY OF SAN LEANDRO <br /> RESOLUTION NO. 2012 -023 <br /> RESOLUTION APPROVING BUDGET AMENDMENT ADJUSTING REVENUE AND <br /> EXPENDITURE APPROPRIATIONS NECESSARY FROM STATE ACTIONS ELIMINATING <br /> THE SAN LEANDRO REDEVELOPMENT AGENCY <br /> WHEREAS, the City Council approves annual budgets based on the best revenue and <br /> expenditure information available at the times of budget preparation, and <br /> WHEREAS, the City Council approved the current City and Redevelopment Agency <br /> budgets on June 6, 2011, and <br /> WHEREAS, with the passage of Assembly Bill X1 26, the dissolution of all redevelopment <br /> agencies in California is mandated, and <br /> WHEREAS, Section 1 of AB X1 26 includes provisions that require revenue and <br /> expenditure appropriations adjustments related to tax increment, successor agencies making <br /> payments, and the winding down of affairs of the redevelopment agencies. <br /> NOW, THEREFORE, the City Council of the City of San Leandro does RESOLVE as <br /> follows: <br /> That the budget amendment adjusting the revenue and expenditure appropriations <br /> necessary from state actions eliminating the San Leandro Redevelopment Agency in accordance <br /> with the report Recommended Budget Adjustment - Detail 2011 -12 is hereby approved. <br /> Introduced by Councilmember Starosciak and passed and adopted this 5th day of March, <br /> 2012, by the following vote: <br /> Members of the Council: <br /> AYES: Councilmembers Cutter, Gregory, Prola, Reed, Souza, Starosciak; <br /> Mayor Cassidy (7) <br /> NOES: None (0) <br /> ABSENT: None (0) <br /> ATTEST: s nAta14/14- C )htfrtiL l •—/ <br /> Marian Handa, City Clerk <br />