pages: AlamedaReuseandRedevelopmentAuthority/2012-01-04.pdf, 6
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AlamedaReuseandRedevelopmentAuthority | 2012-01-04 | 6 | automatically established by ABX1 26, to which the Housing Development and Programs Manager responded in the affirmative. Mayor/Chair Gilmore stated on February 1st, responsible agencies would start expending funds in the normal course of business; hopefully, reimbursement would be set in place on July 1st. The Housing Development and Programs Manager stated an administrative budget needs to be presented for each successor agency by February; the legislation has some inconsistencies; last year, an obligation schedule was done which predicted payment obligations pursuant to enforceable obligations; the next one would be due March 1st, which would cover January 1st to June 30th; schedules would need to be approved by the Oversight Board that would review work of the successor agency; the Oversight Board would not come into existence until May 1st; suggested amending Section 7 to read: "This resolution shall take effect and be enforced as of the deadline for adoption of this resolution established pursuant to State law as may be amended from time to time". Councilmember/Commissioner Tam's inquired whether the City could recover money, to which the City Manager/Executive Director responded the money has not been submitted yet. Mayor/Chair Gilmore stated the State was not hitting budget targets before the ruling; it appeared that automatic cuts would go into effect; the State will not receive $1.7 billion due to legislation being declared unconstitutional. The City Manager/Executive Director stated that the State has centralized what the payments would be but has created chaos throughout the system. Vice Mayor/Commissioner Bonta stated things are moving very quickly; that he wants to ensure that the City does not do something it will regret later; inquired what precautions would be taken if another legislative remedy caused the City's successor agency role to not be advantageous, to which the City Manager/Executive Director responded the resolutions could always be amended. In response to Vice Mayor/Commissioner Bonta's inquiry, Rafael Mandelman, Burke, Williams, and Sorensen, stated January 13th is the drop-dead date for cities to opt out of becoming a successor agency. Councilmember/Commissioner Johnson stated a significant amount of affordable housing has been created by redevelopment agencies; inquired whether affordable housing would also cease. The Housing Development and Programs Manager responded hopefully, housing advocates would do something about having a permanent income stream fund for Special Joint Meeting Alameda City Council and Housing Authority Board of Commissioners 2 January 1, 2012 | AlamedaReuseandRedevelopmentAuthority/2012-01-04.pdf |