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Approve agreement to compensate taxing entities for transferred redevelopment properties

Redevelopment PropertiesContractsResolution

Resolution 76-16

In Plain English

The city must transfer 7 properties that belonged to the former Richmond Community Redevelopment Agency to other government agencies. These properties currently generate tax revenue that goes to the city. If approved, the city compensates affected agencies like the county and school district for lost tax revenue from the transferred properties.

Auto-generated summary. Source: official agenda documents.

Votes

Motion · Official minutes

Approve consent calendar

Passed

7 aye · 0 nay

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