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HomeMy WebLinkAbout1997-04-22 - AGENDA REPORTS - REDEVELOPMENT PLAN (2)Kul Die 1Dial 4_ Kul) (y i Executive Director Approva Item to be presented by: Ken Pulskamp NEW BUSINESS DATE: April 22, 1997 SUBJECT: PRELIMINARY REPORT AND DRAFT REDEVELOPMENT PLAN DEPARTMENT: Newhall Redevelopment Agency PRELBYIINARY REPORT In accordance with California Community Redevelopment Law, a Preliminary Report must be prepared for a redevelopment plan in which tax increment authority is proposed. The Preliminary Report is required to contain: a) The reasons for the selection of the Project Area. b) A description of the physical and economic conditions existing in the Project Area. C) A description of the Project Area which is sufficiently detailed for a determination on whether the Project Area is predominantly urbanized. d) A preliminary assessment of the proposed method of financing the redevelopment of the Project Area, including an assessment of the economic feasibility of the project and the reasons for including the provision for the division of taxes pursuant to Section 33670 in the Redevelopment Plan. e) A description of the specific project or projects proposed by the Agency. D A description of how the project or projects to be pursued by the Agency will improve or alleviate the conditions described in (b) above. The purpose of the Preliminary Report is to provide affected taxing agencies and other interested groups or individuals with a detailed description of the proposed project and the overall intentions of the Agency. Once the Preliminary Report has been distributed, the staff of the Agency is required to conduct a consultation with each of the taxing agencies. These meetings are scheduled to be held during early May 1997. Staff has been in contact with many of the taxing agencies concerning the redevelopment project already. DRAFT REDEVELOPMENT PLAN The Redevelopment Plan is not a "plan" in the traditional sense. Rather, it is an authorizing document that incorporates the Agency's authority to collect tax increment, establishes time Adopted: 4 Agenda Heil limits on certain Plan activities and authorities, and includes various other requirements of the Community Redevelopment Law. The Redevelopment Agency and City Council are scheduled to review and consider approval of a final Redevelopment Plan in June of this year. REDEVELOPMENT COMMITTEE REVIEW The Redevelopment Committee reviewed the draft Redevelopment Plan and the Preliminary Report at their meetings of March 3 and April 7, 1997, and received a draft of the Preliminary Report at their meeting on April 7, 1997. Another Committee review meeting is set for April 21, 1997. The Committee's comments to date have been incorporated into the draft Redevelopment Plan and the Preliminary Report. CONCLUSION Adoption of the attached resolution does not constitute approval of the Redevelopment Plan. Rather, the resolution authorizes the Executive Director to transmit the Preliminary Report and draft Redevelopment Plan to the Planning Commission and to affected taxing agencies. Additionally, the documents will become available to the general public for review. JamalkwilimBle� •► Adoption of Resolution No. RDA 97-2 of the Newhall Redevelopment Agency authorizing the Executive Director to transmit to the affected taxing agencies the Preliminary Report, and the Draft Redevelopment Plan, for the Newhall Redevelopment Project. ERP:GEA:11 nwhbdv\ar 4M97.1 Attachment RESOLUTION NO. RDA 97-2 A RESOLUTION OF THE NEWHALL REDEVELOPMENT AGENCY AUTHORIZING TRANSMITTAL OF THE PRELIMINARY REPORT AND THE DRAFT REDEVELOPMENT PLAN FOR THE NEWHALL REDEVELOPMENT PROJECT WHEREAS, the Redevelopment Agency (the "Agency") has initiated proceedings to adopt a Redevelopment Plan for the Newhall Redevelopment Project (the `Project Area"); and, WHEREAS, the Agency has prepared the Preliminary Report and is preparing the Redevelopment Plan for the Project Area pursuant to the requirements of the Community Redevelopment Law (Health and Safety Code Section 33000 et seq.); and WHEREAS, the Preliminary Report shall be transmitted to each affected taxing entity in accordance with Section 33344.5 of the Community Redevelopment Law; and WHEREAS, the staff recommends that a copy of the Draft Redevelopment Plan be sent to each affected taxing entity along.with the Preliminary Report; and WHEREAS, Section 33346 of the Community Redevelopment Law requires that the Redevelopment Plan be submitted to the Planning Commission for its report and recommendation with regard to the conformity of the Redevelopment Plan to the City of Santa Clarita General Plan. NOW, THEREFORE, it is hereby resolved by the Newhall Redevelopment Agency as follows: SECTION 1: The Preliminary Report and the Draft Redevelopment Plan for the Newhall Redevelopment Project are hereby approved for transmittal to the various affected taxing agencies, when they become available. SECTION 2: The Draft Redevelopment Plan is hereby approved for transmittal to the Planning Commission. SECTION 3: Copies of the Preliminary Report and the Draft Redevelopment Plan shall be kept on.file and shall be available for public review. SECTION 4: The Executive Director of the Agency is hereby authorized and directed to make such transmittals. PASSED, APPROVED, AND ADOPTED this _ day of , 1997. Chairperson ATTEST: Agency Clerk STATE OF CALIFORNIA) COUNTY OF LOS ANGELES) § CITY OF SANTA CLARITA ) I, Sharon L. Dawson Auncn ,y Clerk, HEREBY CERTIFY that the above and foregoing resolution was duly passed and adopted by the Santa Clarita Redevelopment Agency at its regular meeting held on the _ day of , 1997, by the following vote, to wit: AYES: NOES: ABSENT: Agency Clerk GEA:ll nwh1ydv\re.o97-2.Va