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HomeMy WebLinkAboutReso RDA 7-2004 RESOLUTION NO. 06-2004 REDEVELOPMENT AGENCY, CITY OF SOUTH SAN FRANCISCO, STATE OF CALIFORNIA A RESOLUTION ACCEPTING THE PRELIMINARY PLAN FOR THE AMENDMENT ADDING ARI?~ TO THE DOWNTOWN/CENTRAL REDEVELOPMENT PROJECTF AREA; DIRECTING PREPARATION OF THE REDEVELOPMENT PI~N AMENDMENT AND FISCAL MERGER FOR THE DOWNTOWN/CENTRAL, GATEWAY AND U.S. STEEL/SHEARWATER REDEVELOPMENT PLANS; AND AUTHORIZING TRANSMITFAL OF REQUIRED INFORMATION TO TAXING ENTITIES AND STATE AND LOCAl, OFFICIALS WHEREAS, proceedings have been commenced in connection with the proposed amendment of the Downtown/Central, Gateway and U.S. Steel/Shearwater Redevelopment Plans ("Redevelopment Plans") to add the Oyster Point Marina Park to the Downtown/Central Redevelopment Project Area and to fiscally merge the Downtown/Central, Gateway and U.S. Steel/Shearwater Redevelopment Plans ("Amendment"); and WHEREAS, the Redevelopment Plans were previously amended in 1994, and the Gateway and U.S. Steel/Shearwater Plans again in March of 2004, to revise various time limits for project activities; and WHEREAS, at its March 10, 2004 meeting, the City Council of the City of South San Francisco designated a Survey Area for the purpose of studying whether it was feasible to add territory to the existing Downtown/Central Project Area. The Survey Area consisted of the Oyster Point Marina Park; and WHEREAS, the Planning Commission also established the boundaries for the proposed area to be added ("Added Area") to the Downtown/Central Redevelopment Project Area, which as required by State law, are within the boundaries designated by the City Council as the Survey Area; and WHEREAS, the Planning Commission additionally prepared a "Preliminary Plan" for the Added Area, which in accordance with California Health and Safety Code Section 33324, provides a general discussion of the conditions affecting the property in the proposed Added Area, describes how redevelopment can improve this property and is an initial framework document for the Amendment process; and WHEREAS, the Planning Commission, on April 15, 2004, adopted a resolution establishing the Added Area, submitting the Preliminary Plan to the Redevelopment Agency and recommending that the Redevelopment Agency accept the Preliminary Plan; and WHEREAS, in the Added Area, redevelopment of the Oyster Point Marina will be a catalyst for the commercial and recreational development that may include a new regional convention center, improved public access to the shoreline and a myriad of recreational and commercial activities, and possibly, a new ferry terminal; and WHEREAS, the proposed fiscal merger of the Downtown/Central, Gateway and U.S. Steel/Shearwater Redevelopment Plans, pursuant to Health and Safety Code Section 33485 et seq., will provide the Redevelopment Agency with the flexibility to combine revenues and accelerate investment in the Project Areas; and WHEREAS, the Amendment will enable the Redevelopment Agency to continue to eliminate blight and achieve desired improvement and rehabilitation in the designated redevelopment areas and the Oyster Point Marina; and WHEREAS, although the Amendment will trigger statutory pass through payments to other taxing entities from the Added Area, the statutory payments will not create a burden on the Redevelopment Agency or affect its ability to conduct redevelopment activities because the statutory payments are paid from property tax revenues received by the Redevelopment Agency from future growth in assessed value resulting from redevelopment efforts. The Redevelopment Agency already has existing contractual and/or statutory pass through obligations from tax increment received from the current Downtown/Central, Gateway and U.S. Steel/Shearwater Project Areas; and WHEREAS, in the event the Amendment is approved, the 2004-2005 assessment roll shall be used as the base year assessment role for the purpose of allocation of taxes in the Added Area. NOW, THEREFORE, BE IT RESOLVED by the Redevelopment Agency of the City of South San Francisco as follows: a) That the Preliminary Plan, formulated and previously approved by the Planning Commission, is hereby approved and accepted by the Redevelopment Agency; and b) That the Agency directs staff to prepare the Redevelopment Plan Amendment to add area to the Downtown/Central Project Area and to fiscally merge the Downtown/Central, Gateway and U.S. Steel/Shearwater Redevelopment Plans; and c) That the Agency designates the 2004-2005 tax assessment role as the tax roll to be used for allocation of taxes; and d) That the Agency directs staff to transmit all of the information and documentation identified in Health and Safety Code Sections 33327, 33328, and 33328.3 to all of those persons and entities listed in said Sections of the Health and Safety Code. I hereby certify that the foregoing Resolution was regularly introduced and adopted by the Redevelopment Agency of the City of South San Francisco at a regular meeting held on the 12th day of May 2004 by the following vote: AYE S: NOES: ABSTAIN: ABSENT: Boardmembers Joseph A. Femekes, and Richard A. Garbarino, Vice Chair Raymond L. Green, and Chair Karyl Matsumoto None. None. Boardmember Pedro Gonzalez