RDA Min 1994-12-19 - Laserfiche WebLink

Browse Search

1. Staff Report; Director Church presented the staff report and advised that Assembly Bill 1290 requires the adoption of an Implementation Plan by December 31, 1994. The Plan itself was intended to provide a nexus between activities of the Redevelopment Agency and the blight findings, and intended to provide some leverage on Agencies to document where they were spending their money. The Plan develops a 5-year time line for non-housing activities and a 10-year time line for housing activities. The Plan is based around programs and not projects which provides flexibility to the Agency Board, and won't have to amend the Plan if projects drop off the list. The Plan is based around economic development, housing, public facility and administration and planning programs. Director Church advised that the Plan could be amended at any time at a Public Hearing. Director Church showed overheads of the history of the original plan in 1982, amendment in 1985 and the one in 1989/90, and stated that the Plan was specific as to timelines for Redevelopment activity and receiving tax increment There is a 20-year timeline for incurring debt. Director Church stated that the Agency Board had the responsibility of determining if an area was predominantly blighted. In response to Agency Board questions, Director Church advised that the City's Housing Element was based on ABAG goals, and the proposed Plan would exceed those goals by the year 2004, and showed the relationship between the amount of subsidy and the number of affordable units. In response to Directors' questions, Director Church advised this Plan was for the Redevelopment Area Project Area No.2, and not the 101 Corridor. Director La Berge asked for a detailed list of where the affordable housing units built since 1982 in the Redwood City Redevelopment Area are located. MEMO 12120/94 2. Chairwoman Gasparini opened the Public Hearing at 10:47 P.M. 3. Chairwoman Gasparini asked if anyone ttom the public wished to speak. No one wished to speak. 4. MIS: STEINFELDIHARTNETT TO CLOSE THE PUBLIC HEARING CARRIED BY UNANIMOUS VOICE VOTE AND THE HEARING CLOSED AT 10:48 P.M. 5. Council action; MINUTE BOOK NO.1 Special Redevelopment Agency Minutes Page r10. 246 December 19, 1994 Page 6