Approve agreement to compensate taxing entities for transferred redevelopment properties
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
Approve consent calendar
7 to 0
Similar Discussions
5 related items found by meaning
Approve payment schedule for former redevelopment agency debts through June 2020
Authorize city manager to acquire former redevelopment agency property
Approve $21 million annual payment schedule for former redevelopment agency debts
Approve payment schedule for former redevelopment agency debts
Approve payment schedule for dissolved redevelopment agency's remaining debts