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File #:
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18-820HA
Version:
1
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Name:
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Conveyance of Four Parcels to the Successor Agency
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Type:
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HA- Report
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Status:
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Agenda Ready
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On agenda:
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5/21/2018
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Final action:
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5/21/2018
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Title:
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REPORT - CONVEYANCE OF FOUR PARCELS LOCATED AT 6th AND “A” STREETS TO THE SUCCESSOR AGENCY TO THE REDEVELOPMENT AGENCY OF THE CITY OF SANTA ROSA
BACKGROUND: In 2011, the former Redevelopment Agency of the City of Santa Rosa (the “RDA”) conveyed four parcels to the Housing Authority to increase the stock of affordable housing in Santa Rosa. The parcels were left over from development of the Santa Rosa Plaza and realignment of 6th Street (the “Remnant Parcels”), a major downtown redevelopment project. Subsequently, the State Controller (the “SCO”) found that the transfer of the Remnant Parcels was not allowable and ordered the Housing Authority to reverse the land transfer and turn over the assets to the RDA Successor Agency (the “Successor Agency”) for disposition in accordance with Redevelopment Dissolution Law. The transfer of the Remnant Parcels to the Successor Agency is intended to satisfy the requirements of the State Controller’s Report and Redevelopment Dissolution Law.
T...
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