Approve budget for successor agency managing old redevelopment debts
Resolution 20-2
In Plain English
When California eliminated redevelopment agencies in 2011, cities created successor agencies to pay off remaining debts and close out projects. Richmond's successor agency needs annual approval for its payment schedule and operating budget. This covers July 2021 through June 2022 obligations from the former Richmond Community Redevelopment Agency.
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 dissolved redevelopment agency's remaining debts
Approve administrative budget for successor redevelopment agency
Approve payment schedule for dissolved redevelopment agency's remaining debts
Approve budget for dissolved redevelopment agency's remaining obligations
Approve payment schedule for former redevelopment agency debts
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