HomeMy WebLinkAboutMINUTES - 02041986 - 1.48 TO: BOARD OF SUPERVISORS
FROM: Phil Batchelor, Contra t[ a
Executive Director C,WI
DATE ' January 29, 1986 Coilty
SUBJECT: Fiscal Review Committee for proposed Danville Redevelopment
Project
SPECIFIC REQUEST(S) OR RECOMMENDATION(.S) & BACKGROUND AND JUSTIFICATION
RECOMMENDED ACTION
Call for the creation of a Fiscal Review Committee pursuant to
California Community Redevelopment Law in connection with the
proposed Downtown Redevelopment Project for the city of Danville.
FINANCIAL IMPACT
The purpose of the Fiscal Review Committee is to determine the
financial burden and detriment upon the County and other taxing
agencies; therefore, the financial impact of the project has not
been determined. There will be incidental staff costs in the
creation of the Committee and analysis of the project.
REASONS FOR RECOMMENDATION/BACKGROUND
California Community Redevelopment Law (Health & Safety Code
Section 33353 ) provides that in connection with the preparation
of a redevelopment plan which proposes to use tax increment
financing, the County or any affected taxing entity may call for
the formation of a Fiscal Review Committee within 15 days after
receipt of the preliminary report on the proposed project.
The Community Development Agency of the city of Danville has
notified the County that they are preparing a Redevelopment Plan
for a proposed Downtown Redevelopment Project, and have
transmitted to the County an approved preliminary report. The
County has until February 6, 1986 ( 15 days from receipt of the
preliminary report) to call for the formation of the Fiscal
Review Committee.
The Committee will then analyze the financial burden and
detriment which may be created by the project and recommend
measures to alleviate or eliminate those burdens. Such measures
could include modification of the project and/or a sharing of tax
increment.
CONTINUED ON ATTACHMENT: - YES SIGNATU E:
RECOMMENDATION OF COUNTY ADMINISTRATOR REC NDATI N LOF BO RD COMMI E
APPROVE OTHER
SIGNATURE S :
ACTION OF BOARD ON U APPROVED AS RECOMMENDED _X OTHER X
ACKNO14LEDGE receipt of letter and Preliminary Report on -Proposed
Redevelopment Plan for Danville Downtown Redevelopment Project .
VOTE OF SUPERVISORS
I HEREBY CERTIFY THAT THIS IS A TRUE
UNANIMOUS (ABSENT AND CORRECT COPY OF AN ACTION TARN
AYES: NOES: AND ENTERED ON THE MINUTES OF THE BOARD
ABSENT: ABSTAIN: OF SUPERVISORS ON THE DATE SHOWN.
CC: County Administrator ATTESTED ��
Community Development PHIL BATCHELOR, CLERK OF THE BOARD OF
City of Danville SUPERVISORS AND COUNTY ADMINISTRATOR
M382/7-83 BY DEPUTY- -��