HomeMy WebLinkAboutMINUTES - 10171989 - 1.64 TO: BOARD OF SUPERVISORS
FROM: Phil Batchelor,
County Administrator Contra
DATE: October 9, 1989 i Costa
SUBJECT: Fiscal Review Committee for Proposed Oakley ' County
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 Redevelop-
ment Law in connection with the proposed Oakley 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 Decemberr20, 1988
the Redevelopment Agency authorized distribution of the Preliminary
Report and on Octobe'r-16771989 ratified this distribution. 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
modif ication ,of the project and/or sharing of tax increment.
CONTINUED ON AZTACBMENT: YES SIGNATURE
RECO14YEMATION OF COUNTY ADMINISTRATOR RECOMMENDATI F BOA7COMMITTE
APPROVE OTHER
SIGNATURES)
ACTION OF BOARD ON APPROVED AS RECOMMENDED > OTHER
VOTE OF SUPERVISORS
I HEREBY. CERTIFY THAT THIS IS A
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.
O CT<1.7, 1989
cc: County Administrator ATTESTED
Redevelopment -Agency PHIL BATCHELOR, CLERK OF
THE .BOARD OF SUPERVISORS
AND COUNTY ADMINISTRATOR
BY C , -DEPUTY
ral7:a.doc
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