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TO: REDEVELOPMENT AGENCY/BOARD OF SUPERVISOR _, Costa
County
FROM: Phil Batchelor, Executive Director K
Dennis M. Barry, AICP, Director of Community Development
DATE: September 26, 2000
SUBJECT: First Amendment to Oakley Redevelopment Tolling Agreement
SPECIFIC REQUEST(S) OR RECOMMENDATIONS(S) & BACKGROUND AND JUSTIFICATION
RECOMMENDATIONS
As the Board of Supervisors and the Governing Board of the Redevelopment Agency
APPROVE and AUTHORIZE the Deputy Director-Redevelopment or his designee to enter into
a First Amendment to Tolling Agreement with the City of Oakley, and the Oakley
Redevelopment Agency regarding the transfer of the Oakley Redevelopment Project to the
City.
FISCAL IMPACT
No general fund impact is anticipated. A purpose of the Tolling Agreement is to provide
additional time to address general fund obligations.
CONTINUED ON ATTACHMENT: X YES SIGNATURE: �►
RECOMMENDATION OF EXECUTIVE DIRECTOR R OMMEND! TION OF AQtNCY
COMMITTEE APPROVE OTHER
SIGNATURE(S):
ACTION OF AGENCY/ON September 26, 2000 APPROVED AS RECOMMENDED X OTHER
SUPERVISORS
VOTE OF COMMISSIONERS/SUPERVISORS
I HEREBY CERTIFY THAT THIS IS A
x UNANIMOUS (ABSENT none ) TRUE AND CORRECT COPY OF AN
AYES: NOES: ACTION TAKEN AND ENTERED ON THE
ABSENT: ABSTAIN: MINUTES OF THE BOARD OF
SUPERVISORS/AGENCY ON THE
Contact: Jim Kennedy DATE SHOWN.
3-1255
cc: County Administrator ATTESTED September 26, 2000
County Counsel PHIL BATCHELOR, CLERK OF
Auditor-Controller THE BOARD OF SUPERVISORS/
Via Redevelopment AGENC ECRET RY
City of Oakley '
Goldfarb & Lipman BY DEPUTY
Myers Nave 0
W: \Personal\BoerdOrders\9 . 26.tollagreement
BACKGROUND/REASONS FOR RECOMMENDATIONS
On June 13, 2000 the Sward and Agency approved entering into a Tolling
Agreement with the City of Oakley regarding the transfer of the Redevelopment
Agency to the City. The Tolling Agreement stayed the implementation of aspects of
a Transfer Agreement to October 1, 2000 in order to finalize all transfer terms. An
additional sixty days is needed to accomplish this task. An amendment providing
for the additional time has been requested by the City.
JK.In
W: 1Personal\Boardorders\9.26.tollagreement