HomeMy WebLinkAboutMINUTES - 12201988 - 1.103 1. .103
TO: Redevelopment Agency
FROM: Phil Batchelor,
Executive Director Cllr
DATE: December 8, 1988 Costa
SUBJECT: Authorization to Prepare and Distribute the Oakley evelopment"'
Preliminary Report.
SPECIFIC REQUEST(S) OR RECOMMENDATIONS AND BACKGROUND AND JUSTIFICATION
RECOMMENDATIONS
Authorize Redevelopment Agency staff to prepare the Oakley
Redevelopment Preliminary Report and to distribute the Preliminary
Report to affected taxing agencies and interested persons and
agencies pursuant to Health and Safety Code Section 33344. 5 .
FISCAL IMPACT
None
REASONS FOR RECONIlEENDATIONS/BACKGROUND
The East County Regional Planning Commission on November 14, 1988 ,
by Resolution No. 72-1988 designated the Oakley Redevelopment
Project Area boundaries and approved a Preliminary Plan for the
Oakley Redevelopment Project. This action allows Agency staff to
begin preparation of a Redevelopment Plan.
The purpose of the Preliminary Report is to provide the following
information to affected taxing agencies and interested individuals
and organizations.
a) The reasons for the selection of the Project Area;
b) A description of the physical, social, and economic
conditions existing in the Project Area (blighting
conditions) ;
c) A preliminary assessment of the proposed method of
financing the redevelopment of the Project Area, including
an assessment of the economic feasibility of the Project,
and the reasons for including a . provision for tax
increment financing in the proposed..Redevelopment. Plan.;.
CONTINUED ON ATTACHMENT: YES SIGNATURE:
_RECOMMENDATION OF EXECUTIVE DIRECTOR RECOMMENDAT O OF AG COMMIT E
APPROVE OTHER
SIGNATURE(S) : - - - - - - -- - — --- - - -
ACTION OF AGENCY ON December 20_, 1988 APPROVED AS RECOMMENDED X OTHER
VOTE OF COMMISSIONERS
. X UNANIMOUS (ABSENT IV ) I HEREBY CERTIFY THAT THIS IS A
AYES: NOES: TRUE AND CORRECT COPY OF AN ACTION
ABSENT: ABSTAIN: TAKEN AND ENTERED ON THE MINUTES
OF THE REDEVELOPMENT AGENCY ON THE
DATE SHOWN.
cc: Redevelopment Agency ATTESTED December 20, 1988
All other distribution via PHIL BATCHELOR,
Redevelopment Agency AGENCY SECRETARY
BY ,DEPUTY ,
d) A description of the specific p project or projects
proposed by the Agency in ,the Project Area; and
e) A description of how such project or projects will
improve or alleviate the blighting conditions described
in b) above.