Title
Adopt[SB1] a Resolution of the Successor Agency to the Redevelopment Agency of the City of San Leandro to Adopt a Recognized Obligation Payment Schedule (ROPS) and Administrative Budget for the Period July 1, 2025 - June 30, 2026, Pursuant to Health and Safety Code Section 34177(l)[SB2][KB3]
Staffreport
COUNCIL PRIORITY
* Housing and Homelessness
* Infrastructure
* Economic Development
SUMMARY AND RECOMMENDATIONS
Staff recommends that the City Council, acting as governing board of the Successor Agency to the Redevelopment Agency of the City of San Leandro, adopt a resolution approving a Recognized Obligation Payment Schedule and Administrative Budget for the period from July 1, 2025 through June 30, 2026.
BACKGROUND
Pursuant to Assembly Bill x1 26, on January 9, 2012, the San Leandro City Council affirmed its decision to have the City serve as the Successor Agency to the former Redevelopment Agency of the City of San Leandro (Successor Agency). Under Senate Bill 107, introduced and passed by the State Legislature on September 11, 2015, the Successor Agency is obligated to prepare a Recognized Obligation Payment Schedule (ROPS) every fiscal year that lists all enforceable obligations payable during that twelve-month period. The Successor Agency can only pay obligations that are listed on the ROPS and approved by the California Department of Finance (DOF).
Approval of the ROPS by the Successor Agency Oversight Board is also required prior to submission to the DOF. Under Health and Safety Code Section 34179(j), a single Countywide Oversight Board (Oversight Board) commenced on July 1, 2018. If approved by the Successor Agency, the San Leandro ROPS will be brought before the County of Alameda Countywide Oversight Board at its January 23, 2025 meeting. Approvals from both the Successor Agency and Oversight Board are required to submit the ROPS to the DOF by February 1, 2025.
Analysis
A primary responsibility of the Successor Agency is to oversee the payment of...
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