Long Beach, CA
File #: 09-009R    Version: 1 Name: Amend budgets to pay Educational Rev Augment Fund
Type: RDA-Resolution Status: Adopted
File created: 1/26/2009 In control: Redevelopment Agency Board
On agenda: 2/2/2009 Final action: 2/2/2009
Title: Recommendation to authorize the Executive Director to amend project area budgets as necessary and submit the required Educational Revenue Augmentation Fund payment to the State as specified; and adopt a resolution finding that there are insufficient funds to make the payment required by Section 33685 of the Health and Safety Code unless funds from the Low and Moderate-Income Housing Fund are used. (All Project Areas - Citywide)
Attachments: 1. 020209item7.rda.pdf, 2. R.A. 01-2009.pdf
Related files: 09-083R
TITLE
Recommendation to authorize the Executive Director to amend project area budgets as necessary and submit the required Educational Revenue Augmentation Fund payment to the State as specified; and adopt a resolution finding that there are insufficient funds to make the payment required by Section 33685 of the Health and Safety Code unless funds from the Low and Moderate-Income Housing Fund are used.
(All Project Areas - Citywide)
 
SUGGESTED ACTION
Approve recommendation.