HomeMy WebLinkAboutCVRC Reso 2006-025
CVRC RESOLUTION NO. 2006-025
RESOLUTION OF THE CHULA VISTA REDEVELOPMENT
CORPORATION MAKING RECOMMENDATION TO THE CITY
COUNCIL TO ADOPT AN ORDINANCE AMENDING THE
REDEVELOPMENT PLAN FOR THE MERGED CHULA VISTA
REDEVELOPMENT PROJECT AREA (ONLY PERTAINING TO
TOWN CENTRE II ORIGINAL AND OT A Y V ALLEY)
PURSUANT TO SENATE BILL 1096 AS CODIFIED IN HEALTH
AND SAFETY CODE SECTION 33333.6
WHEREAS, pursuant to Chula Vista Municipal Code Section2.55.060(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) ofthe 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
of the redevelopment plan by up to two years, provided the agency can make certain findings; and
WHEREAS, the City Council of the City of Chula Vista ("City Council") adopted and
subsequently amended the Redevelopment Plan for the Town Centre II Original Project Area on May
19, 1987 by Ordinance No. 2207, July 19, 1988 by Ordinance No. 2274, November 8, 1994 by
Ordinance No. 2610, August 22, 2000 by Ordinance No. 2817, January 13,2004 by Ordinance No.
2947, February 3, 2004 by Ordinance No. 2949, and May 4,2004 by Ordinance No. 2962; and
WHEREAS, the City Council adopted and subsequently amended the Redevelopment Plan
for the Otay Valley Project Area on November 8, 1994 by Ordinance No. 2611, August 22, 2000 by
Ordinance No. 2818, January 13,2004 by Ordinance No. 2947, February 3,2004 by Ordinance No.
2949, and May 4,2004 by Ordinance No. 2962; and
WHEREAS, the time limit for the effectiveness of the Redevelopment Plan for the Town
Centre II Original Project Area is August 15,2019, 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 ofthe Law must be made; and
WHEREAS, the time limit for the effectiveness of the Redevelopment Plan for the Otay
Valley Project Area is December 29, 2024, 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
WHEREAS, the eligibility requirements for redevelopment plan amendments pursuant to
Section 33333.6(e)(2)(D) are met by the redevelopment plan for the Merged Chula Vista
CVRC Resolution No. 2006-025
Page 2
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Redevelopment Project Area (only pertaining to Town Centre II Original and Otay Valley 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 limitto 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 ofthe
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
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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 the redevelopment
plan for the Merged Chula Vista Redevelopment Project Area (only pertaining to Town Centre II
Original and Otay V alley), extending the time limits of that plan 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
t!itLJt1rIN /tt-eP
Ann ore
General Counsel
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CVRC Resolution No. 2006-025
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:
Stephen C. Padilla, Chair
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 of Chula
Vista, California, do hereby certify that the foregoing CVRC Resolution No. 2006-025 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