CITY OF MERCED - File #: 17-029

• File #: 17-029
• Version: 1
• Type: Consent Item
• Status: Passed
• File created: 1/10/2017
• In control: City Council/Public Finance and Economic Development Authority/Parking Authority/Successor Agency to the Redevelopment Agency
• On agenda: 1/17/2017
• Final action: 1/17/2017
• Title: SUBJECT: Approval of Retention by the City, as the Housing Successor, of Certain Housing Assets Owned by the Former Redevelopment Agency of the City of Merced REPORT IN BRIEF Approves the Retention by the City, as the Housing Successor, of Certain Housing Assets Owned by the Former Redevelopment Agency of the City of Merced RECOMMENDATION City Council - Adopt a motion: Adopting Resolution 2017-02, A Resolution of the City of Merced Authorizing the Retention by the City, as Housing Successor, of Certain Housing Assets Owned by the Former Redevelopment Agency of the City of Merced and Previously Conveyed to the City which: 1. Makes the determination that the Housing Assets meet the criteria for housing assets as defined in CRL Section 34176; and, 2. Authorizes the retention by the City, as the Housing Successor, of the Housing Assets identified in Exhibit A; and, 3. Authorizes the submission of the supporting documentation to the Oversight Board for consideration and approv...

Date	Ver.	Action By	Action	Result
1/17/2017	1	City Council/Public Finance and Economic Development Authority/Parking Authority/Successor Agency to the Redevelopment Agency	approved	Pass

Report Prepared by: Kelly C. Fincher, Chief Deputy City Attorney

Title
SUBJECT: Approval of Retention by the City, as the Housing Successor, of Certain Housing Assets Owned by the Former Redevelopment Agency of the City of Merced

REPORT IN BRIEF
Approves the Retention by the City, as the Housing Successor, of Certain Housing Assets Owned by the Former Redevelopment Agency of the City of Merced

RECOMMENDATION
City Council - Adopt a motion:

Adopting Resolution 2017-02, A Resolution of the City of Merced Authorizing the Retention by the City, as Housing Successor, of Certain Housing Assets Owned by the Former Redevelopment Agency of the City of Merced and Previously Conveyed to the City which:

1. Makes the determination that the Housing Assets meet the criteria for housing assets as defined in CRL Section 34176; and,

2. Authorizes the retention by the City, as the Housing Successor, of the Housing Assets identified in Exhibit A; and,

3. Authorizes the submission of the supporting documentation to the Oversight Board for consideration and approval.

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 33000 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.

Assembly Bill 1X 26, enacted in June 2011, and as modified by the Supreme Court of the State of California in California Redevelopment Association, et al. v. Ana Matosantos, et al., Case No. S194861, and further modified by Assembly Bill 1484, enacted in June 2012, and other subsequent legislation (collectively, the "Dissolution Act") dissolved all redevelopment agencies ...