Approve agreement to compensate taxing entities for transferred redevelopment properties

Redevelopment PropertiesContracts

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

Moved by: Councilmember McLaughlinSeconded by: Vice Mayor Martinez
Passed

7 to 0

MartinezAye
BecklesAye
BatesAye
MyrickAye
ButtAye
McLaughlinAye
PimpléAye