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HomeMy WebLinkAboutMINUTES - 10201987 - 1.49 TO: BOARD OF SUPERVISORS FROM: Phil Batchelor, County Administrator DATE: October 8 , 1987 SUBJECT: Fiscal Review Committee for Proposed West Pittsburg Redevelopment Project. SPECIFIC REQUEST(S) OR RECOMMENDATIONS(S) & BACKGROUND AND JUSTIFICATION RECOMMENDATIONS Authorize the County Administrator to call for the creation of a Fiscal Review Committee pursuant to California Community Redevelopment Law in connection with the proposed West Pittsburg Redevelopment Project for the County .of Contra Costa. FISCAL 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. BACKGROUND/REASONS FOR RECOMMENDATIONS 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. On October 13 , 1987 , the Redevelopment Agency authorized distribution of the. Preliminary Report. This Board action will authorize staff to call for the Fiscal Review Committee. The Committee will 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 sharing of tax incre ent. CONTINUED ON ATTACHMENT: YES SIGNATURE: RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATIO OF BO COMMITTE APPROVE OTHER SIGNATURE(S) : ACTION OF BOARD ON U 1 11987 APPROVED AS RECOMMENDED OTHER VOTE OF SUPERVISORS I HEREBY CERTIFY THAT THIS IS A X UNANIMOUS (ABSENT TRUE AND CORRECT COPY OF AN AYES: NOES: ACTION TAKEN AND ENTERED ON THE ABSENT: ABSTAIN: MINUTES OF THE BOARD OF SUPERVISORS ON THE DATE SHOWN. cc: County Administrator ATTESTED OCT 2 0 W7 Redevelopment Agency PHIL BATCHELOR, CLERK OF THE BOARD OF SUPERVISORS D COUNTY ADMINISTRATOR BY DEPUTY ral7:a. txt GER:krc