Approve administrative budget for successor redevelopment agency
In Plain English
California dissolved all redevelopment agencies in 2012 but required cities to create successor agencies to wind down existing projects and pay off debts. Richmond's successor agency handles remaining redevelopment obligations like property management and debt payments. State law requires the city council to approve the agency's administrative budget each year.
Auto-generated summary. Source: official agenda documents.
Votes
adopt Resolution No. 17-2
6 to 0
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