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File Number: 12 -193 <br />On January 9, 2012, the City Council affirmed its decision to serve as the Successor <br />Agency for the former Redevelopment Agency and to retain the Agency's housing assets <br />and functions. <br />On January 23, 2012, the Board of the Redevelopment Agency approved the amended <br />EOPS. <br />On April 2, 2012, the City Council, serving as Successor Agency, adopted the ROPS for <br />the period of February 1, 2012 through June 30, 2012. <br />Fiscal Impacts <br />As noted above, payment of the Enforceable Obligations listed on the ROPS will be funded <br />using funds disbursed by the County Auditor - Controller using former tax increment revenues <br />from the Redevelopment Property Tax Trust Fund. Staff does not believe that the General <br />Fund (or any other City fund) bears any responsibility for the payment of enforceable <br />obligations of the former Redevelopment Agency. <br />ATTACHMENTS <br />None <br />PREPARED BY: Jeff Kay, Business Development Analyst, Community Development <br />Department <br />City of San Leandro Page 3 Printed on 51112012 <br />