Reso 2013-159 - Laserfiche WebLink

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That dispute was ultimately resolved via a settlement agreement that preserves all funding for the project. • In April 2013, the Successor Agency began a meet-and-confer process with the State in the hope of reversing a DOF demand for $2.6 million in loan payments previously paid to the City's General Fund. Long Range Property Management Plan - As noted under Initiative #3 ("Development Project"), properties previously owned by the San Leandro Redevelopment Agency are governed by a special set of restrictions. Except for properties designated of "governmental purpose" the Successor Agency will need to dispose of all real estate assets and remit the sale proceeds to the Alameda County Auditor-Controller for redistribution. State law requires the Successor Agency to prepare a Long Range Property Management Plan (LRPMP) to govern the disposal of these assets. The LRPMP will need to be approved by both the Oversight Board and the Department of Finance. It is the hope of Business Development staff that the LRPMP will provide an opportunity to structure the disposal of assets in an orderly manner that will support the development of these properties consistent with existing City goals and plans. To the extent possible, the City will discourage land-banking and speculative purchases, working instead to sell properties to developers who are prepared to invest in creating beneficial projects. Accomplishments To-Date: To date, the Successor Agency has catalogued the Successor Agency parcels and is beginning to assemble data that will be required for the LRPMP. Staff is presently awaiting promised guidelines from the DOF on the specific requirements for the Plan. alt of Leandro Economic icD°evelo Development and Work December 2013 Y � p Strategy �