Title
Resolution Stating that the City of San Leandro Redevelopment Agency Did Not Forgive Any Loans Owed to the Agency by Any Public Body During the 2011 Calendar Year
Body
Whereas, Assembly Bill 936, effective January 1, 2012, provides that by not later than February 1, 2012, redevelopment agencies must adopt a resolution stating whether or not during calendar year 2011, the agency has forgiven any loans, advances or indebtedness owed to the agency by any public body;
Whereas the City of San Leandro Redevelopment Agency (the "Agency") has not forgiven any loans, advances or indebtedness owed to the Agency by any public body during calendar year 2011.
NOW, THEREFORE, the Agency hereby:
1. Determines that it has not forgiven any loans, advances or indebtedness owed to the Agency by any public body during calendar year 2011.
2. Directs the Executive Director to transmit a copy of this Resolution to the City Council of the City of San Leandro and to the California State Controller.