JOINT CITY COUNCIL AND REDEVELOPMENT AGENCY BOARD AGENDA ITEM: (1) Agency Board Adoption of a Resolution Adopting the Enforceable Obligations Payment Schedule Pursuant to Sections 34167 and 34169 of the Health and Safety Code (1) Agency Board Authorization to the Executive Director to Make Such Payments on Behalf of the Agency Utilizing Available Agency Revenues Including but not Limited to Newly Received Tax Increment Proceeds; and (3) City Council Authorization to the City Manager and Chief Financial Officer to Make Such Payments on Behalf of the Agency Utilizing Former Agency Assets in the Case Sufficient Agency Revenues are Unavailable. City of Culver City California Agenda Item Report Item Number: _J 1 Meeting Date: 08/22/2011 JOINT CITY COUNCIL AND REDEVELOPMENT AGENCY BOARD AGENDA ITEM: (1) Agency Board Adoption of a Resolution Adopting the Enforceable Obligations Payment Schedule Pursuant to Sections 34167 and 34169 of the Health and Safety Code (1) Agency Board Authorization to the Executive Director to Make Such Payments on Behalf of the Agency Utilizing Available Agency Revenues Including but not Limited to Newly Received Tax Increment Proceeds; and (3) City Council Authorization to the City Manager and Chief Financial Officer to Make Such Payments on Behalf of the Agency Utilizing Former Agency Assets in the Case Sufficient Agency Revenues are Unavailable . Contact Person/Dept.: Sol Blumenfeld/Community Development Jeff Muir/Finance Department Fiscal Impact: Yes X No Phone Number: (310) 253 5760 (310) 253 5865 General Fund: Yes No X Public Hearing: Action Item: X Attachments: X Commission Action Required: Yes No X Date: _______________ Public Notification: (E Mail) Meetings and Agendas City Council (08/17/2011); (E Mail) Meetings and Agendas Redevelopment Agency (08/17/11) Department Approval: Sol Blumenfeld (08/16/11) City Attorney Approval: Carol Schwab (by H. Baker) (08/16/11) Agency General Counsel Approval: Murray Kane (08/17/11) City Manager Approv...
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