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Redevelopment
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Redevelopment Agency has contributed approx. $10 million to the Redondo Beach
Performing Arts Center |
The
Redevelopment Agency of the City of Redondo Beach was established on April 30,
1962 to rehabilitate blighted areas within the boundaries of the City of Redondo
Beach. The Agency is a
distinct public entity that adopts and maintains its own budget and is legally
separate from the City of Redondo Beach. However, the Agency is closely
linked to the City by overlapping administration with the City Council serving
as the Redevelopment Agency Board, the City Manager serving as the Agency?s
Executive Director/Secretary, the City Attorney serving as the Agency Counsel,
the City Treasurer serving as the Agency Treasurer, and the City staff serving
as the Agency staff. The Agency reimburses the City for administrative and
overhead support. It also provides funds for City capital improvement
projects that provide a direct benefit to the redevelopment project areas.
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The Agency contributed
almost $7 million to the City's Main Library building |
Typical of Redevelopment Agencies in California,
our Redevelopment Agency is made up of the Mayor and the City Council.
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