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HomeMy WebLinkAboutMINUTES - 11081994 - 1.48 - Contra ' Costa TO: BOARD OF SUPERVISORS County r c uhf FROM: Harvey E. Bragdon Director of Community Development DATE: November 8, 1994 SUBJECT: Introducing Ordinances for Time Limits for Contra Costa County Redevelopment Plans SPECIFIC REQUEST(S) OR RECOMMENDATIONS(S) & BACKGROUND AND JUSTIFICATION RECOMMENDATIONS INTRODUCE ordinances: (1) amending the Pleasant Hill BART Station Redevelopment Plan and amending Ordinance No. 84-30, adopted on July 10, 1984, and Ordinance No. 88-58, adopted on July 19, 1988; (2) amending -the Redevelopment Plan for the N. Richmond Redevelopment Project Area and amending Ordinance No. 87-50 adopted on July 14, 1987; (3) amending the Redevelopment Plan for the Bay Point Redevelopment Project Area, and amending Ordinance No. 87-102, adopted on December 29, 1987; (4) amending the Redevelopment Plan for the Oakley Redevelopment Project Area, and amending Ordinance No. 89-89, adopted on December 21, 1989; and (5) amending the Redevelopmentr Plan for the Rodeo Redevelopment Project Area, and amending Ordinance No. 90-50, adopted on July 10, 1990; and WAIVE reading and FIX December 6, 1994 for adoption. FISCAL IMPACT None. No General Fund revenues are involved. The recommended actions will permit the Redevelopment Agency to continue to comply with California Redevelopment Law and receive Redevelopment Tax Increments. CONTINUED ON ATTACHMENT: YES SIGNATURE: RECOMMENDATION OF COUNTY ADMINISTRATOR COMMEN6 TION OF BOAR COMMITTEE APPROVE OTHER SIGNATURE(S): ACTION OF BOARD ON November 8 . 1994 APPROVED AS RECOMMENDED_x OTHER VOTE OF SUPERVISORS I HEREBY CERTIFY THAT THIS IS A x UNANIMOUS (ABSENT Iv ) 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. Source: Jim Kennedy 646-4208 cc: County Administrator ATTESTED November 8 , 1994 County Counsel PHIL BATCHELOR, CLERK OF Community Development THE BOARD OF SUPERVISORS via Redevelopment Agency AND COUNT7DMINrrTOR Goldfarb & Lipman BY_4AA DEPUTY JK:Ih sra16/ab1290.bos BACKGROUND/REASONS FOR RECOMMENDATIONS A major redevelopment reform bill, AB 1290, was enacted in 1993 by the State Legislature. Among other changes to redevelopment law, AB 1290 enacted Health & Safety Code Section 33333.6, which imposes certain time limits on all existing Redevelopment Plans in the State of California. As more fully discussed in administrative reports on file with the Clerk of the Board, for each of the Redevelopment Plans of the County, some of the deadlines which are currently contained in the respective Redevelopment Plans are not in compliance with the provisions of AB 1290. Therefore, the Board must amend the respective plans to comply with those statutory deadlines. A summary of the AB 1290 time limit provisions is included as Exhibit A. - EXHIBIT A Summary of AB 1290 Provisions Pertinent to Contra Costa County Redevelopment Programs- Prepared by Contra Costa County Redevelopment Agency I. Time Limits 1. For Establishment of Debt*-Later of A. January 1,2004, or B. Twenty years from adoption of redevelopment plan. AB 1290 Current Limits Plan Limits PH BART 2004 2009 PH BART Amendment Area 2008 2009 North Richmond 2007 2026 Bay Point 2008 2026 Oakley 2009 2028 Rodeo 2010 2029 2. For Undertaking Plan Activities#-Later of A. January 1,2009, or B. Forty years from adoption of redevelopment plan. AB 1290 Current Limits Plan Limits PH BART 2024 2024 PH BART Amendment Area 2028 2024 North Richmond 2027 2027 Bay Point 2028 2027 Oakley 2029 2029 Rodeo 2030 2030 3. Repayment of Debt^-Later of A. January 1,2019, or B. Fifty years from adoption of the redevelopment plan. AB 1290 Current Limits Plan Limits" PH BART 2034 2024 PH BART Amendment Area 2038 2024 North Richmond 2037 2027 Bay Point 2038 2027 Oakley 2039 2029 Rodeo 2040 2040 Does not apply to debt that will be paid from Low and Moderate Income Housing Fund,or to pay debt to satisfy replacement and inclusionary housing obligations. # No authority after limit except to pay previously incurred debt,or enforce covenants/contracts. ^ No increment can be received after these dates. '• Current plans comply with AB 1290 limits;no change is contemplated at this time.