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File Number: 24-538 Previous Actions ·On January 9, 2012, the City Council affirmed its decision to have the City serve as the Successor Agency to the former Redevelopment Agency and to retain the Agency’s housing assets and functions. ·On January 19, 2016, the Successor Agency to the Redevelopment Agency of the City of San Leandro approved a reinstated Loan Agreement between the City and the Successor Agency and authorized execution of the amended and restated promissory note for the Plaza Project Loan. ·On September 19, 2016, the Successor Agency to the Redevelopment Agency of the City of San Leandro approved an Agreement with the City of San Leandro regarding the expenditure of $600,000 of excess bond proceeds and authorizing the transfer of such proceeds to the City of San Leandro. ·On January 17, 2017, the Successor Agency to the Redevelopment Agency of the City of San Leandro approved an Agreement with the City of San Leandro regarding the expenditure of $1,764,526 of excess bond proceeds and authorizing the transfer of such proceeds to the City of San Leandro. ·On December 18, 2017, the Successor Agency to the Redevelopment Agency of the City of San Leandro approved the issuance of the 2018 Tax Allocation Bonds to refund the outstanding 2008 Tax Allocation Bonds. ·In accordance with Health and Safety Code Section 34179(j), the ten oversight boards then in place in the County of Alameda consolidated into one Oversight Board commencing on and after June 1, 2018. Applicable General Plan Policies ·Policy ED-4.5 Downtown San Leandro. Continue efforts to transform Downtown into a successful, pedestrian-oriented, mixed-use district with services and amenities for workers, residents, and visitors. Downtown should be the gathering place for the city, providing restaurants, cafes, and a wide range of retail stores and services in a walkable setting. ·Policy ED-5.2 Housing Production. Substantially increase the production of a variety of housing types meeting the needs of persons at all income levels. ·Policy ED-5.11 Civic Beautification. Undertake streetscape improvements and place-making efforts near BART, along major arterial streets, and in established business districts. Such improvements should maximize the potential for increasing business activity. Financial Impacts This Council action will not further impact fund balance because Enforceable Obligations funds are disbursed by the County Auditor-Controller through property tax revenue deposited into the Redevelopment Property Tax Trust Fund (RPTTF). The General Fund (or any other City fund) does not generally bear any responsibility for the payment of approved enforceable obligations of the former Redevelopment Agency. Page 3 City of San Leandro Printed on 9/4/2025