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HomeMy WebLinkAboutMINUTES - 04151986 - 1.4 (2) 1-040 TO: BOARD OF SUPERVISORS/REDEVELOPMENT AGENCY FROM: Phil Batchelor, Executive Director DATE: March 26, 1986 SUBJECT: Legislation: Assembly Bill 3079 (Hughes) SPECIFIC REQUEST(S) OR RECOMMENDATION(S) & BACKGROUND AND JUSTIFICATION RECOMMENDED ACTION: Adopt a position of the County/Redevelopment Agency in opposition to Assembly Bill 3079 by Assemblyman Hughes requiring Redevelopment Agencies to share tax increments with school districts under certain circumstances. FINANCIAL IMPACT: Potential loss of up to 27 percent of tax increment revenue in the Pleasant Hill BART Station Area Redevelopment Project and the reduction of available funds in projects being contemplated. There would also be a potential loss revenue to County. Diversion of tax increments to school districts may lengthen the time period for ending existing city redevelopment projects within the County, which would delay the return of full property tax to the County and other taxing agencies. BACKGROUND/REASONS FOR RECOMMENDATION: Existing law generally permits an agency to pay to any taxing agency with territory located within a project area, including school districts, any amount of money which the agency finds is necessary and appropriate to alleviate any financial burden or detriment caused to that taxing agency by a redevelopment project. This bill would require a redevelopment agency to amend the redeveloment plan and utilize any portion of the tax revenues, which would have been received by the school district in the absence of a provision for tax increment financing, to redevelop or construct shcool facilities, if the governing body of a school district finds that conditions of overcrowding exist in attendance areas that serve students who reside in housing acquired, constructed, developed, or rehabilitated in accordance with other specified provisions of the community redevelopment law. CONTINUED ON ATTACHMENT: YES SIGNATURE:4 RECOMMENDATION OF CAO/EXECUTIVE DIRECTOR _RECOMMENDATION OF BOARD COMMI EE APPROVE SIGNATURE(S): ACTION OF BOARD/AGENCY 9 APPROVED AS RECOMMENDED OTHER VOTE OF SUPERVISORS/AGENCY MEMBERS LUNANI14OUS (ABSENT ) I HEREBY CERTIFY THAT THIS IS A TRUE AND AYES: NOES: CORRECT COPY OF AN ACTION TAKEN AND ABSENT: ABSTAIN: ENTERED ON THE MINUTES OF THE BOARD OF SUPERVISORS/REDEVELOPMENT AGENCY ON THE DATE SHOWN. cc: County Administrator ATTESTED County Counsel Redevelopment Agency PHIL BATCHELOR, CLERK OF THE BOARD OF SUPERVISORS, COUNTY ADMINISTRATOR, REDEVELOPMENT AGENCY SECRETARY AND EXECUTIVE DIRECTOR BY__(f AM'Ll'lw� 'lx DEPUTY This bill would require a Redevelopment Agency to conduct a Public Hearing if the governing body of a school district finds, that conditions of overcrowding exist in attendance areas that serve pupils who reside in housing located within or adjacent to a project area and that the conditions of overcrowding result from actions taken by the Agency in implementing any Redevelopment Plan adopted before January 1, 1987. At the Hearing, public testimony would be taken identifying the fiscal effects of the Redevelopment Plan on the impacted attendance areas and suggesting possible revisions to the plan that would alleviate or eliminate that overcrowding. The Bill would require the Agency, to consider amendments to 'the plan necessary to alleviate or eliminate that overcrowding and would permit the agency to recommend those amendments for adoption by the legislative body. In the case of the County's Pleasant Hill BART project, a fiscal review has previously been done to determine the impacts of that project on the local school district and other taxing agencies. This Bill would merely duplicate that previous effort and consideration. In the case of City Redevelopment projects within the County, this bill could result in the Amendment of existing projects such that a certain amount of tax increment would be diverted to local school districts. To the extent this happens, the affected project timeframes would have to be extended, thereby extending the time before full property taxes from the project would be returned to the County and other taxing agencies.