Approve debt payment schedule for former redevelopment agency
In Plain English
The city must pay debts left over from its former redevelopment agency, which was dissolved by the state in 2012. State law requires the city to submit an annual payment schedule showing how it will pay these obligations. This covers debts and contracts from July 2020 through June 2021.
Auto-generated summary. Source: official agenda documents.
Votes
Motion to adopt Resolution No. 19-4 approving ROPS 20-21
7 to 0
Why This Vote Matters
The city council unanimously approved its annual payment plan for debts left over from the former redevelopment agency that was shut down by the state in 2012. This administrative action was required by state law and covers debt payments scheduled from July 2020 through June 2021. The approval allows the city to continue making legally required payments on old redevelopment contracts and obligations. This was a routine compliance matter with no new spending involved.
Auto-generated context. Source: official meeting records.
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
Approve payment schedule for former redevelopment agency debts
Approve budget for successor agency managing old redevelopment debts
Approve payment schedule for former redevelopment agency debts
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