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HomeMy WebLinkAboutMINUTES - 03132012 - FPD SD.8RECOMMENDATION(S): DISCUSS the status of appointments to be made to various redevelopment successor agencies throughout the District by the Board of Directors. FISCAL IMPACT: None. This is for informational purposes only. BACKGROUND: In the past, up to $12 million per fiscal year in property tax revenue has been diverted from the District to various local redevelopment agencies. Assembly Bill x1 26 eliminated redevelopment agencies within the State, effective February 1, 2012. This legislation required the creation of several oversight boards to monitor the dissolution of various redevelopment agencies throughout the State. Each Oversight Board consists of seven seats, including one seat representing special districts. As the special district with the largest property tax share in the County and, therefore, within the jurisdiction of cities that we serve, the District Board of Directors is the appointing authority for the special district seat on the county and various city oversight boards. The individuals appointed to these seats will have a fiduciary responsibility to holders of enforceable APPROVE OTHER RECOMMENDATION OF CNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE Action of Board On: 03/13/2012 APPROVED AS RECOMMENDED OTHER Clerks Notes: VOTE OF SUPERVISORS AYE:John Gioia, Director Mary N. Piepho, Director Karen Mitchoff, Director ABSENT:Gayle B. Uilkema, Chair Federal D. Glover, Director Contact: Chief Daryl Louder 925-941-3500 I hereby certify that this is a true and correct copy of an action taken and entered on the minutes of the Board of Supervisors on the date shown. ATTESTED: March 13, 2012 David Twa, County Administrator and Clerk of the Board of Supervisors By: June McHuen, Deputy cc: Fire Chief Daryl Louder SD.8 To:Contra Costa County Fire Protection District Board of Directors From:Daryl L. Louder, Chief, Contra Costa County Fire Protection District Date:March 13, 2012 Contra Costa County Subject:Update from Board of Directors on Status of RDA Oversight Board Appointments BACKGROUND: (CONT'D) obligations of the former redevelopment agency and the taxing entities, including the District, that remain in former redevelopment project areas. These decisions will have a significant fiscal impact on the District; specifically, its ability to have property tax revenue redirected back to the District in future years. CONSEQUENCE OF NEGATIVE ACTION: The report will not be accepted by the Board of Directors. CHILDREN'S IMPACT STATEMENT: No impact.