HomeMy WebLinkAboutMINUTES - 04122005 - C70 Contra
Costa
TO: BOARD OF SUPERVISORS/REDEVELOPMENT AGENCY
County
FROM: Dennis M. Barry, AICP
Community Development Director 70
DATE: April 12, 2005
SUBJECT: Pleasant Hill BART Station Area Redevelopment Plan Amendment
SPECIFIC REQUEST(S) OR RECOMMENDATIONS(S) & BACKGROUND AND JUSTIFICATION
RECOMMENDATIONS
As the Board of Supervisors:
• ADOPT Resolution authorizing a joint public hearing with the Contra Costa County
Redevelopment Agency to consider adoption of a proposed Fourth Amendment to the
Redevelopment Plan for the Pleasant Hill BART Station Area Redevelopment Project; and
• ADOPT Resolution Electing Statutory Pass-Through of Redevelopment Agency Tax
Increment to the County
As the Governing Board of the Redevelopment Agency:
• ADOPT Resolution authorizing a joint public hearing with the Contra Costa County Board of
Supervisors to consider adoption of a proposed Fourth Amendment to the Redevelopment
Plan for the Pleasant Hill BART Station Area Redevelopment Project; and
FISCAL IMPACT
The proposed amendment to raise the cap on tax increment that may be received will trigger AB
1290 tax increment pass-through requirements once the current limit of$125 million is reached. All
taxing agencies, including the County and County controlled agencies would begin receiving pass
through payment at that time, which is estimated to occur in 2015 or later. The recommended action
is to simply establish the hearing date.
CONTINUED ON ATTACHMENT: X —YES SIGNATURE:
RECOMMENDATION OF COUNTY ADMINISTRATOR (J1tCOM NitNDAt1bWO"bARD COMM E
APPROVE OTHER
SIGNATURE(S):
elo 0 07 ACTION
OF BOARD ON APPROVED AS RECOMMENDED X 0T+Wlt
VOTE OF SUPERVISORS
X UNANIMOUS (ABSENT p�P�74c� 1 HEREBY CERTIFY THAT THIS IS A
r _J 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.
Contact: Jim Kennedy
5-1255
orig: Redevelopment ATTESTED
cc: County Administrator JOHN SWEETEN, CLERK OF THE
County Counsel BOARD OF SUPERVISORS
AND TH COUNTY ADMINISTRATOR
via: Redevelopment Agency
AND TH C(
Goldfarb & Lipman B, Q,EPUTY
G:\CDBG-REDEV\redev\LNoble\Personal\Board Orders and Greenies\BOARD. PH BART Station Area Redev Amend-4.12.05.doc
BACKGROUND/REASONS FOR RECOMMENDATIONS
On July 22, 2003, the Board of Supervisors and the Governing Board of the Contra
Costa County Redevelopment Agency authorized proceeding with a Fourth
Amendment to the Pleasant Hill BART Station Area Redevelopment Plan. The Plan
Amendment is needed to
• Raise the limit on the amount of bonds secured by a pledge of tax
increment that may be outstanding at one time; and
• Increase the limit on the total amount of tax increment that the Agency
may receive over the term of the plan.
These amendments, when approved, will permit the Redevelopment Agency to
complete the redevelopment program at Pleasant Hill BART, including the Transit
Village Project on the BART property. The business plan will,when fully approved
and documented, permit the County General Fund to receive $300-400 million in
ground lease revenues from the Transit Village Project.
G:\CDBG-REDEV\redev\LNoble\Personal\Board Orders and Greenies\BOARD. PH BART Station Area Redev
Amend-4.12.05.doc
"W
THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, CALIFORNIA
Adopted this Order on April 12,2005,by the following vote:
7
AYES: - 4 V-
41� IV i_5 07 *J* C 6
NOES: N o
ABSENT: /Q cv Y\.c-
ABSTAIN:
Resolution No...
SUBJECT: A Resolution of the Board of Supervisors of Contra Costa County Authorizing a
Joint Public Hearing of the Board of Supervisors and Redevelopment Agency of
the County of Contra Costa to Consider Adoption of the Proposed Fourth
Amendment to the Redevelopment Plan for the Pleasant Hill BART Station Area
Redevelopment Project.
The Contra Costa County Board of Supervisors RESOLVES THAT:
The Board of Supervisors of the County of Contra Costa(the"Board")has been informed
by the Redevelopment Agency of the County of Contra Costa(the"Agency")that the Fourth
Amendment to the Redevelopment Plan for the Pleasant Hill BART Station Area Redevelopment
Project(the "Plan Amendment") and a Report on the Plan Amendment(the"Report")have been
prepared; and
The Agency has submitted copies of the Plan Amendment and Report to this Board for its
review; and
There is a need for a joint public hearing with the Agency to consider the Plan
Amendment and Report, and to have interested groups and citizens be heard on the Plan
Amendment and Report.
NOW,THEREFORE,BE IT RESOLVED that the Board hereby approves the convening
of a joint public hearing with the Agency on Tuesday,May 24,2005, at 11:00 a.m., at the Board
Chambers, 651 Pine Street,Room 107,Martinez,California for purposes of considering the Plan
Amendment and Report.
BE IT FURTHER RESOLVED that the Clerk of the Board is hereby directed to publish,
in cooperation with the Agency, the"Legal Notice-Joint Public Hearin" (the "Notice")which
has been prepared by Agency staff, a copy of which is on file with the Agency Secretary and by
this reference incorporated herein,not less than once a week for four successive weeks in the
Contra Costa Times,newspapers of general circulation published and circulated in the County of
Contra Costa.
BE IT FURTHER RESOLVED that the Board hereby directs the Clerk of the Board to
cooperate with the Agency in mailing a copy of the Notice to the last known assessee of each
parcel of land in the Project Area, at the assessee's last known address as shown on the last
equalized roll of County of Contra Costa.
BE IT FURTHER RESOLVED that the Board hereby directs the Clerk of the Board to
cooperate with the Agency in mailing a copy of the Notice to the occupants of each address in
the Project Area.
BE IT FURTHER RESOLVED that the Board hereby directs the Clerk of the Board to
cooperate with the Agency in mailing a copy of the Notice to the governing body of each of the
taxing agencies which levies taxes upon any property in the Project Area designated in the Plan
Amendment.
I hereby certify that this is a true and correct
320\08\222993.1 copy of an action taken and entered on the
minutes of the Boar of Supervisors on the
date shown,
ATTESTED:
JOHN SW TEN, Clerk of the Board
of Sup ors and Count v dmWslrator
By Deputy