Title
Staff Report for City Council Resolution Authorizing the Transfer (Return) of Properties to the Successor Agency of the Redevelopment Agency of the City of San Leandro and Successor Agency Resolution Authorizing the Acceptance of Quitclaim Deeds for Said Properties as Required by State Law
Staffreport
SUMMARY AND RECOMMENDATIONS
On March 3, 2011, the Redevelopment Agency transferred property assets to the City of San Leandro. ABx1 26, adopted by the State of California in June 2011, eliminated redevelopment agencies and voided certain transactions between the Redevelopment Agency and the City that occurred after January 1, 2011. This action will transfer the 14 remaining parcels officially held by the City back to the Successor Agency as required by law. Staff recommends adoption of a City resolution and Successor Agency resolution to transfer non-public property assets from the City to the Successor Agency.
BACKGROUND
On March 3, 2011, given the uncertainty regarding the future of redevelopment agencies, the Redevelopment Agency of the City of San Leandro (Agency), to avoid losing all land and improvements, transferred 21 properties from the Agency to the City of San Leandro (City) by way of a Disposition and Development Agreement. The State of California’s passage of AB x1 26 in June 2011 and AB 1484 in June 2012 provided guidance for the disposal of redevelopment agency assets and voided property transfer transactions between the Redevelopment Agency and City that occurred after January 1, 2011. The City’s and Successor Agency’s actions to date regarding these 21 parcels assumed that the March 2011 transfer was invalid.
On September 17, 2012, the Successor Agency authorized the transfer of 14 of these 21 parcels to the City due to their 1) being public purpose properties; or 2) because they were transferred to the Agency by the City in anticipation of use in redevelopment projects and per the transfer agreements, any revenue from these propertie...
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