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Cooperative Agreement Between City And Successor Agency, <br />Successor Agency Administrative Budget and Cooperative <br />Agreement Resolution <br />April 2, 2012 <br />Page 3 <br />assets transferred to it as a successor agency for a dissolved redevelopment agency." Thus, the <br />City's obligations as Successor Agency are limited by the amount of property taxes and the value <br />of assets it receives in its role as the Successor Agency. <br />Nancy T. Ed rds <br />Interim Exec ive Director <br />Community Development Agency <br />NTE/SG/mlr <br />EXHIBITS: 1. Resolution <br />2. Cooperative Agreement <br />2-3