Title
Matter of Fiscal Year 2010-11 Redevelopment Agency of the City of San Leandro Annual Report
Staffreport
RECOMMENDATIONS
Staff recommends that the City Council accept by minute order the FY 2010-11 Redevelopment Agency Annual Report.
BACKGROUND
Section 33080 of the Health and Safety Code requires that the legislative body review the Redevelopment Agency's Annual Report. The Annual Report consists of four major components:
(1) The Agency's Fiscal Statement and Financial Transactions Report required by the State Controller's Office;
(2) Basic Financial Statements and Independent Auditors' Reports prepared by Maze & Associates;
(3) The Housing Activity Report for the State Housing and Community Development Department; and
(4) Report on Activities to Eliminate Blight, the Status of Agency Loans, and Property Owned and Acquired by the Agency.
The Annual Report is also filed with the State Housing and Community Development Department and the State Controller's office on or before December 31st. In January, staff submits the report components to the City Council for acceptance.
PREPARED BY: Jeff Kay, Business Development Analyst, Community Development