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IN THE CITY COUNCIL OF THE CITY OF SAN LEANDRO <br />RESOLUTION NO. SA 2023-002 <br />RESOLUTION OF THE CITY OF SAN LEANDRO CITY COUNCIL ADOPTING THE BIENNIAL BUDGET OF THE <br />SUCCESSOR AGENCY TO THE REDEVELOPMENT AGENCY OF THE CITY OF SAN LEANDRO FOR 2023-2024 AND <br />2024-2025 AND MAKING A DETERMINATION PURSUANT TO CALIFORNIA HEALTH AND SAFETY CODE <br />SECTION 33334.3 <br />WHEREAS, the Successor Agency to the Redevelopment Agency of the City of San Leandro must <br />annually adopt a budget establishing spending limits by appropriating authorized expenditures for the <br />upcoming fiscal years; and <br />WHEREAS, it is the intent of the Agency that Low- and Moderate -Income Housing Funds be used to the <br />maximum extent possible to defray the cost of production, improvement, and preservation of low- and <br />moderate -income housing; and <br />WHEREAS, pursuant to California Health and Safety Code Section 33334.3, the funds shall be <br />appropriated for administrative activities associated with the Successor Agency and repayment of the <br />Recognized Obligation Payment Schedules (ROPS). <br />NOW, THEREFORE, the Successor Agency to the Redevelopment Agency of the City of San Leandro <br />does RESOLVE as follows: <br />That the Successor Agency reviewed the 2023-2024 and 2024-2025 City Manager's Proposed Budget <br />and caused a public hearing to be held concerning the Proposed Budget on May 15, 2023, and <br />That the Successor Agency hereby finds and determines that the planning and administrative expenses <br />in the Successor Agency biennial budget are necessary for administration and repayment of the ROPS, <br />and <br />That the 2023-2024 and 2024-2025 City Manager's Proposed Budget referenced above is hereby <br />approved and amounts stated herein in Attachment D are hereby appropriated to the purposes stated. <br />Introduced by Councilmember Azevedo and passed and adopted this 15th day of May 2023, by the <br />following vote: <br />AYES: Councilmembers Aguilar, Azevedo, Ballew, Bowen, Reynes, Simon, and <br />Mayor Gonzalez (7) <br />NOES: None (0) <br />ABSENT: None (0) <br />ATTEST: %, <br />Kelly B. ancy, CIVIC City Clerk <br />