HomeMy WebLinkAboutCVRC Reso 2006-024
CVRC RESOLUTION NO. 2006-024
RESOLUTION OF THE CHULA VISTA REDEVELOPMENT
CORPORATION MAKING RECOMMENDATION TO THE CITY
COUNCIL TO ADOPT AN ORDINANCE AMENDING
REDEVELOPMENT PLANS FOR THE MERGED
BA YFRONT/TOWN CENTRE I REDEVELOPMENT PROJECT
AREA (ONLY PERTAINING TO BA YFRONT ORIGINAL AND
TOWN CENTRE I) PURSUANT TO SENATE BILL 1096 AS
CODIFIED IN HEALTH AND SAFETY CODE SECTION 33333.6
WHEREAS, pursuant to Chula Vista Municipal Code Section 2.55.060(A), the Chula Vista
Redevelopment Corporation ("CVRC") is a recommending body to the Chula Vista Redevelopment
Agency ("Agency") and City Council on legislative functions and actions involving redevelopment
plans and regulations; and
WHEREAS, Section 33333.6(e)(2)(D) of the California Community Redevelopment Law,
Health and Safety Code Sections 33000 et seq. ("Law"), provides that when an agency is required to
make payments to the Educational Revenue Augmentation Fund during Fiscal Years 2004-05 and 2005-
06 pursuant to Section 33681.12 of the Law, the legislative body may extend the effectiveness ofthe
redevelopment plan by up to two years, provided the agency can make certain findings; and
WHEREAS, the City Council adopted and subsequently amended the Redevelopment Plan for
the Bayfront Original Project Area on July 17, 1979 by Ordinance No. 1872, April 22, 1986 by
Ordinance No. 2146, January 4, 1994 by Ordinance No. 2585, November 8, 1994 by Ordinance No.
2608, July 7, 1998 by Ordinance No. 2734, January 13, 2004 by Ordinance No. 2948, and February 3,
2004 by Ordinance No. 2950; and
WHEREAS, the City Council adopted and subsequently amended the Redevelopment Plan for
the Town Centre I Project Area on July 17, 1979 by Ordinance No. 1872, April 22, 1986 by Ordinance
No. 2146, January 4, 1994 by Ordinance No. 2585, November 8, 1994 by Ordinance No. 2609, July 7,
1998 by Ordinance No. 2735, January 13, 2004 by Ordinance No. 2948, and February 3, 2004 by
Ordinance No. 2950; and
WHEREAS, the time limit for the effectiveness of the Redevelopment Plan for the Bayfront
Original Project Area is July 16,2015, which is more than 10 years but less than 20 years from the last
day in Fiscal Year 2004-05, and less than 10 years from the last day in and Fiscal Year and 2005-06, in
which the payment required by Section 33681.12 of the Law must be made; and
WHEREAS, the time limit for the effectiveness of the Redevelopment Plan for the Town Centre
I Project Area is July 6, 2017, which is more than 10 years but less than 20 years from the last day in
Fiscal Years 2004-05 and 2005-06 in which the payment required by Section 33681.12 of the Law must
be made; and
CVRC Resolution No. 2006-024
Page 2
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WHEREAS, the eligibility requirements for redevelopment plan amendments pursuant to
Section 33333.6(e)(2)(D) are met by the redevelopment plans for the Merged Bayfront/Town Centre I
Project Area (only pertaining to the Bayfront Original and Town Centre I Project Areas); and
WHEREAS, the amendments of redevelopment plans pursuant to the authority granted in
Section 33333.6(e)(2)(D) of the Law would allow the Agency to extend the time limit to collect tax
increment because of the loss of funds resulting from the requirement to make payments to the
Educational Revenue Augmentation Fund that would have otherwise been used to pay for the costs of
projects and activities necessary to carry out the goals and objectives of the redevelopment plans; and
WHEREAS, the loss of revenues from payments to the Educational Revenue Augmentation
Fund in Fiscal Years 2004-05 and 2005-06 has substantially impacted the Agency's ability to fund
proactive redevelopment activities and projects to effectively implement the adopted redevelopment
plans for the Merged Bayfront/Town Centre I Project Area; and
WHEREAS, the Agency is in compliance with the requirements of Section 33334.6 of the Law
which generally requires that not less than 20 percent of the taxes allocated to the Agency beginning in
Fiscal Year 1985-86 be used to increase, improve and preserve the community's supply of affordable
housing; and
WHEREAS, the Agency is not subject to sanctions pursuant to subdivision (e) of Section _
33334.12 of the Law for the failure to expend, encumber, or disburse an excess surplus; and
WHEREAS, the Agency is in compliance with the findings required under Section
33333.6(e)(2)(D)(ii) and is proposing to adopt an updated implementation plan in accordance with the
requirements of Section 33490.
NOW, THEREFORE, BE IT RESOLVED that the Chula Vista Redevelopment Corporation
does hereby recommend approval by the City Council of an ordinance to amend redevelopment plans
for the Merged Bayfront/Town Centre I Redevelopment Project Area (only pertaining to Bayfront
Original and Town Centre I), extending the time limits of those plans for those project areas by two
years, pursuant to Section 33333.6 ofthe California Health and Safety Code.
Presented by:
Approved as to form by
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Dana M. Smith
Assistant City Manager/Director of
Community Development
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General Counsel
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CVRC Resolution No. 2006-024
Page 3
PASSED, APPROVED, and ADOPTED by the Chula Vista Redevelopment Corporation of
the City of Chula Vista, this 25th day of May 2006, by the following vote:
AYES:
Directors: Chavez, Desrochers, Lewis, Rindone, Rooney and Padilla
NAYS:
Directors: None
ABSENT:
Directors: Paul
ABSTAINED: Directors:
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ATTEST:
STATE OF CALIFORNIA
COUNTY OF SAN DIEGO
CITY OF CHULA VISTA
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Dana M. Smith, Secretary
I, Dana M. Smith, Secretary of the Chula Vista Redevelopment Corporation of the City ofChula
Vista, California, do hereby certify that the foregoing CVRC Resolution No. 2006-024 was duly
passed, approved, and adopted by the Chula Vista Redevelopment Corporation at a regular meeting
of the Chula Vista Redevelopment Corporation held on the 25th day of May 2006.
Executed this 25th day of May 2006.
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Dana M. Smith, Secretary