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Reso 2019-001 PFA
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Reso 2019-001 PFA
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6/4/2019 3:47:17 PM
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6/4/2019 3:42:54 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Resolution
Document Date (6)
6/3/2019
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PERM
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113 <br /> SUCCESSOR AGENCY TO THE REDEVELOPMENT AGENCY FUND SECTION 8 <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 /> AN, . <br /> 0 <br /> PC') <br />
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