Title
HEARING - Consider recommendations regarding impacts of the Redevelopment Restructuring Act on the County Redevelopment Agency, as follows: (EST. TIME: 1 HR.)
Acting as the Board of Supervisors:
a) Adopt a Resolution retaining the housing assets, functions and powers previously performed by the Redevelopment Agency pursuant to Health and Safety Code Section 34176(a);
b) Adopt a non-binding Resolution of Intent to participate in the Alternative Voluntary Redevelopment Program pursuant to Health and Safety Code Section 34193(b);
c) Direct staff to return on October 4th to introduce an Ordinance to allow the County to continue redevelopment activities pursuant to the Alternative Voluntary Redevelopment Program, and to adopt a reimbursement agreement between the County and the Redevelopment Agency to provide for Redevelopment Agency reimbursement of required remittances to the State required under ABX1 27; and
Acting as the Board of Directors, Redevelopment Agency:
d) Adopt a Resolution directing staff to forward the preliminary draft of the initial Recognized Obligation Payment Schedule to the Successor Agency pursuant to Health and Safety Code Section 34169(h).
COUNTY EXECUTIVE OFFICER’S RECOMMENDATION: APPROVE