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OB- 13-01
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OB- 13-01
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Last modified
1/29/2013 11:58:53 AM
Creation date
1/24/2013 5:12:44 PM
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Template:
CC Index
CC Index - Document Type
Resolution
Meeting Type
Regular
Agency Type
Oversight Board
Date
1/10/2013
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01/10/2013 <br /> City of Redwood City Redevelopment Agency's Successor Agency <br /> Exhibit 2-Listing of All Transferred from the Former Redevelopment Agency(Aggregate Remaining RDA Funds)to the City of Redwood City <br /> from January 1,2011 thmugh January 31,2012 <br /> Selection Transfer Date Amount Description/Purpose Describe in what sense the transfer was required <br /> 1 March 7,2011 $ (293,106)General RDA portion of 707 Bradford Street Land Held for resale <br /> 2 March 7,2011 (560,000)Library Parking Facility <br /> 3 Mazch 7,2011 (350,132)Maple Street-Beeger Property 053-182-030 These assets were transfened to the City to continue the <br /> 4 March 7,2011 (5,925)Brugman Property-APN 053-147-040 redevelopment of the listed properties,however per AB 1484,the <br /> 5 March 7,2011 (2,210,60'�RDA share of underground parking garage parcel(relocation costs,etc.) transfer of these assets are not allowed. <br /> $ (3,419,770) <br /> Note:The City transferred back to the Redevelopment Agency's Successor Agency's Trust Fund selections 2 through 5 on June 30,2012 <br /> to con•ect the unallowed transfer. SelecHon 1 is maintained by the City since this property is a housing related asset. <br /> 11 OB RESO 13-01 <br />
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