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HomeMy WebLinkAboutResolution 2011-010 N.C.S. 01/24/2011Resolution No. 2011 -0 10 N.C.S. of the City of Petaluma, California APPROVING THE SUBMITTAL OF THE 2010 STATE CONTROLLER'S OFFICE (SCO) REDEVELOPMENT FINANCIAL REPORT WHEREAS, California Community Redevelopment Law requires that an annual report be presented to the legislative body within six months of the end of the fiscal year; and, WHEREAS, that report must contain certain financial and housing information for the fiscal year ending June 30, 2010; and, WHEREAS, this Annual Report is a compilation of those individual financial statements and reports on the PCDC housing programs; and, WHEREAS, the Annual Report was distributed to the City Council on December 28, 2010 for review in preparation for the City Council's January 24, 2011 meeting; and, WHEREAS the required financial and housing reports were submitted prior to the December 31, 2010 deadline; and, WHEREAS, Section 33080.2 of Redevelopment Law states the "the legislative body shall review the report and take any action which it deemed appropriate." NOW, THEREFORE BE IT RESOLVED by the City Council of the City of Petaluma that the FY 2009 -2010 State Controller's Report has been received by the City Council in accordance with the Community Redevelopment Law and submission of the report to the State Controller is approved. Under the power and authority conferred upon this Council by the Charter of said City REFERENCE: I hereby certify the foregoing Resolution was introduced and adopted by the App ve s to Council of the City of Petaluma at a Regular meeting on the 24` day of January, r 2011, by the following vote: City ttorney AYES: Albertson, Barrett, Mayor Glass, Harris, Vice Mayor Healy, Renee NOES: None ABSENT: None ABSTAIN: None ATTEST: aaL� City Clerk ayor Resolution No. 2011 -010 N.C.S. Page 1