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SUCCESSOR AGENCY TO THE REDEVELOPMENT AGENCY FUND SECTION 8 <br /> <br /> <br />INTRODUCTION <br />The City of San Leandro serves as the Successor Agency to the Redevelopment Agency <br />and is charged with winding down the affairs of the former Agency and overseeing the <br />payment of enforceable obligations, such as debt service on bonds and contractual <br />obligations. This section provides a brief overview of the enforceable obligation and <br />administrative costs related to the three former redevelopment project areas: the Plaza <br />Project Area, the Joint Project Area, and the West San Leandro/MacArthur Boulevard <br />Project Area, as well as the Successor Agency Debt Service funds. The revenues, <br />expenditures and staff authorized to support these projects are also included in this <br />section displayed as charts and tables. Funding for payment of enforceable obligations <br />and the Successor Agency’s administrative allowance will be paid using bi-annual <br />remittances from the County of Alameda via the Redevelopment Property Tax Trust Fund. <br />All fund balances are projected to be zero; therefore six-year forecasts are not included <br />for this fund. <br /> <br /> <br /> <br />113 <br />135