HomeMy WebLinkAboutSA A200 Reg 6 (Finance)SUCCESSOR AGENCY TO
THE COMMUNITY DEVELOPMENT COMMISSION
AS THE NATIONAL CITY REDEVELOPMENT AGENCY
AGENDA STATEMENT
MEETING DATE: September 3, 2013 AGENDA ITEM NO.
ITEM TITLE:
Successor Agency Warrant Register #6 for the period of 7/31113 through 816/13 in the amount of
$6,095,890.20. (Finance)
PREPARED BY: K. Apalategui DEPARTMENT: Finance
PHONE: 619-336-4572
APPROVED BY: G'L�3
EXPLANATION:
Pursuant to A13X1 26, all redevelopment agencies in the State of California were dissolved as of
February 1, 2012. Upon dissolution of the City of National City's Redevelopment Agency, the City
assumed the role of Successor Agency to the Community Development Commission as the National
City Redevelopment Agency ("Successor Agency").
In order to streamline the payment process, the City pays all expenses of the Successor Agency. The
Successor Agency then reimburses the City.
Attached is a detailed listing of all Successor Agency warrants, totaling $6,095,890.20, paid with City
funds. Staff requests approval of reimbursement of the Successor Agency expenses.
FINANCIAL STATEMENT:
ACCOUNT NO.
Reimbursement total $6,095,890.20.
APPROVED:
APPROVED: MIS
ENVIRONMENTAL REVIEW:
This is not a project and, therefore, not subject to environmental review.
ORDINANCE: INTRODUCTION: I I FINAL ADOPTIO
STAFF RECOMMENDATION:
Ratification of reimbursement in the amount of $6,095,890.20.
BOARD / COMMISSION RECOMMENDATION:
N/A
ATTACHMENTS:
Successor Agency Warrant Register #6