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Community Redevelopment Agency <br />Annual Report for FY 2007-2008 <br />December 15, 2008 <br />Page 3 <br />In compliance with this new legislation, the redevelopment time and <br />financial limits are included in the Annual Report. <br />The Health and Safety Code mandates <br />by the City Council and filed with <br />to December 31, 2008. <br />that the Annual Report be received <br />the State Controller's office prior <br />FISCAL IMPACT <br />There is no fiscal impact associated with this action. <br />Cynthia J. Nelson <br />Deputy City Manager for Development Services <br />Community Development Agency <br />CJN/NTE/kcg <br />H:\ACTION ITEMS\COUNCIL\2008 CC\121508 CPA Annual Report 07-08.doc <br />19C-3