HomeMy WebLinkAboutAGENDA REPORT 2012 0718 CC SPC 6:35PM ITEM 05A ITEM 5.A.
(:ITY OF P100RPARK,CALIFORNIA
City Council Meeting
ACTION:
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SUCCESSOR HOUSING AGENCY OF THE
REDEVELOPMENT AGENCY OF THE CITY OF MOORPARK
AGENDA REPORT
TO: Honorable City Council
FROM: David C. Moe II, Redevelopment Manager 1
DATE: July 17, 2012 (Successor Housing Agency Special Meeting of July 18,
2012)
SUBJECT: Consider Directing Staff to Complete the Prescribed Housing Asset
Transfer Form and Transmit it to the Department of Finance
BACKGROUND & DISCUSSION
Recently adopted budget trailer bill A131484, codified as Health and Safety Code
Section 34176 (a)(2), requires the entity assuming the housing functions of the former
redevelopment agency to submit to the Department of Finance ("DOF") by August 1,
2012, a list of all the housing assets transferred and an explanation of how the assets
meet the definition of "housing asset". The format of how the list of assets is to be
prepared is to be prescribed by the DOF. Unfortunately, DOF has not issued the
prescribed format to be utilized.
Staff is seeking authorization to complete the prescribed asset transfer form once it is
issued and send it to the DOF prior to the August 1, 2012, deadline.
FISCAL IMPACT
None.
STAFF RECOMMENDATION
Direct staff to complete the prescribed housing asset transfer form and transmit it to the
DOF prior to the August 1, 2012, deadline.
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