Title
Staff Report for Resolution Approving the Successor Agency's Long Range Property Management Plan Pursuant to Health and Safety Code Section 34191.5
Staffreport
SUMMARY AND RECOMMENDATIONS
Staff recommends that the Board of Directors of the Successor Agency to the Redevelopment Agency of the City of San Leandro (Successor Agency) approve the resolution that approves the Long Range Property Management Plan (LRPMP). The Plan outlines plans and procedures for disposing of the twenty-two properties owned by the Successor Agency.
BACKGROUND
The Redevelopment Agency of the City of San Leandro (RDA) was dissolved on February 1, 2012, pursuant to ABx1 26 (as amended by AB 1484 and SB 107). These statutes govern the dissolution of the former redevelopment agency, which includes the disposition of its former real property assets. At the time of its dissolution, the former redevelopment agency owned twenty-two parcels of real property, which are the subject of the LRPMP. Pursuant to the redevelopment dissolution statutes, ownership of the properties transferred on February 1, 2012 to the Successor Agency.
The Successor Agency is now responsible for disposition of the properties in accordance with the procedures and requirements of Redevelopment Dissolution Statutes. A key component of AB 1484 was the requirement that all successor agencies prepare a Long Range Property Management Plan governing the use and disposition of former RDA properties.
The LRPMP must be approved by the Successor Agency Oversight Board and the California Department of Finance (DOF). Oversight Board review will take place in November 2015 and the report will be submitted to the DOF immediately thereafter. Health and Safety Code (HSC) section 34191.3 (a) requires the DOF to approve LRPMPs by January 1, 2016. After the Plan is approved by the DOF, the Successor Agency's properties will be placed in a Community Redevelopment Property Trust Fund, consistent with State law.
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