Approve payment schedule for former redevelopment agency debts
Resolution 18-1
In Plain English
Richmond dissolved its redevelopment agency in 2012 but still owes money on old projects. The successor agency created this payment plan covers $2.1 million in bond payments and administrative costs through June 2019. If approved, the city continues paying off these inherited debts as required by state law.
Auto-generated summary. Source: official agenda documents.
Votes
Approve consent calendar
7 to 0
Similar Discussions
5 related items found by meaning
Approve payment schedule for dissolved redevelopment agency's remaining debts
Approve payment schedule for former redevelopment agency debts through June 2020
Approve budget for successor agency managing old redevelopment debts
Approve debt payment schedule for former redevelopment agency
Approve $21 million annual payment schedule for former redevelopment agency debts
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