Report Prepared by: Kelly C. Fincher, Chief Deputy City Attorney
Title
SUBJECT: Reversal of Transfer and Return of Former Redevelopment Agency Assets to City of Merced Designated Local Authority
REPORT IN BRIEF
Reverses or Returns Former Redevelopment Agency Assets to the Merced Designated Local Authority
RECOMMENDATION
Adopt the following motions:
City Council:
A. Adopting Resolution 2017-03, a Resolution of the City Council of the City of Merced California, authorizing the City Manager to transfer certain real properties of the former Redevelopment Agency to the City of Merced Designated Local Authority.
Parking Authority:
B. Adopting Resolution PA 2017-01, a Resolution of the City of Merced Parking Authority authorizing the Executive Director to transfer certain real properties of the former Redevelopment Agency to the City of Merced Designated Local Authority.
PFEDA:
C. Adopting Resolution PFA 2017-01, a Resolution of the City of Merced Public Financing and Economic Development Authority authorizing the Executive Director to transfer certain real properties of the former Redevelopment Agency to the City of Merced Designated Local Authority.
Body
AUTHORITY
Municipal Code section 200
CITY COUNCIL PRIORITIES
Not Applicable.
DISCUSSION
In accordance with the provisions of the California Community Redevelopment Law (Health and Safety Code Section 3300 et seq.) ("CRL"), the City Council of the City of Merced ("City") previously established the Redevelopment Agency of the City of Merced, a public body, corporate and politic ("Redevelopment Agency") to carry out the purposes of and exercise the powers granted to community redevelopment agencies in accordance with the CRL.
Pursuant to AB 1x 26, as modified by the California Supreme in California Redevelopment Association v. Matosantos, and other subsequent legislation (collectively the "Dissolution Act"), all redevelopment agencies in the State of California were dissolved on February 1, 2012. ...
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