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File Number: 20-580 <br />rebate was made in the 2020-2021 ROPS year for the 2000 Ford Store Owner <br />Participation Agreement, which rebated 50% of sales tax received above a base of <br />$277,000. <br />·Plaza Project Loan - Under the reinstated $2.29 million loan between the Successor <br />Agency and City General Fund, the final debt service payment was made in Fiscal Year <br />2020-2021. <br />Payment of funds for one City-Agency Agreement remain on a future ROPS for payment. A 2011 <br />Cooperative Agreement between the City and Redevelopment Agency allocated $4,191,611 for <br />continuation of the Doolittle Drive streetscape project. Following the allocation of $400,000 <br />requested in the 2019-2020 ROPS for design work, a total of $3,791,611 remains under the <br />agreement and will be requested for payment during a future ROPS period to fund streetscape <br />construction following completion of design and other pre-construction work. <br />The consolidated Alameda County Oversight Board is scheduled to review this ROPS and <br />Administrative Budget on January 20, 2021. If approved, it will be forwarded to the DOF, the <br />State Controller’s Office and the Alameda County Auditor Controller after that action is finalized. <br />Previous Actions <br />·On January 9, 2012, the City Council affirmed its decision to have the City serve as the <br />Successor Agency to the former Redevelopment Agency and to retain the Agency’s <br />housing assets and functions. <br />·On January 19, 2016, the Successor Agency to the Redevelopment Agency of the City of <br />San Leandro approved a reinstated Loan Agreement between the City and the Successor <br />Agency and authorized execution of the amended and restated promissory note for the <br />Plaza Project Loan. <br />·On September 19, 2016, the Successor Agency to the Redevelopment Agency of the City <br />of San Leandro approved an Agreement with the City of San Leandro regarding the <br />expenditure of $600,000 of excess bond proceeds and authorizing the transfer of such <br />proceeds to the City of San Leandro. <br />·On January 17, 2017, the Successor Agency to the Redevelopment Agency of the City of <br />San Leandro approved an Agreement with the City of San Leandro regarding the <br />expenditure of $1,764,526 of excess bond proceeds and authorizing the transfer of such <br />proceeds to the City of San Leandro. <br />·On December 18, 2017, the Successor Agency to the Redevelopment Agency of the City <br />of San Leandro approved the issuance of the 2018 Tax Allocation Bonds in order to refund <br />the outstanding 2008 Tax Allocation Bonds. <br />·In accordance with Health and Safety Code Section 34179(j), the ten oversight boards <br />then in place in the County of Alameda consolidated into one Oversight Board <br />commencing on and after June 1, 2018. <br />Fiscal Impacts <br />As noted above, the Enforceable Obligations listed on the ROPS are paid using funds disbursed <br />by the County Auditor-Controller through property tax revenue deposited into the Redevelopment <br />Tax Trust Fund (RPTTF). The General Fund (or any other City fund) does not bear any <br />Page 3 City of San Leandro Printed on 12/30/2020 <br />350