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HomeMy WebLinkAboutPCDC Resolution 2012-01 01/09/2012 RESOLUTION NO. 2012-01 PETALUMA COMMUNITY DEVELOPMENT COMMISSION ACKNOWLEDGING THE SUBMITTAL OF THE 2011 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, 2011; 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 19, 2011 for review in preparation for the City Council's January 9, 2012 meeting; and WHEREAS the required financial and housing reports were submitted prior to the December31, 2011 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 that the Petaluma City Council acknowledges the submittal of the FY 2010-2011 State Controller's Report. ADOPTED this 9th day of January, 2012 by the following vote: Commissioner Aye No Absent Abstain Albertson X Barrett X Chair Glass X Harris X Vice Chair Healy X Kearney X Renee X PCDC Resolution No.2012-01 Page 1 r iii David Glass, Chair ATTEST: Jay / Claire Cooper, CMC, Recording Se : tary APPROVED AS TO FORM: Eric W. Danly, General Counsel PCDC Resolution No. 2012-01 Page 2