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HomeMy WebLinkAbout09. Adopt Reso-Downey Redevelopment PlanAPPROVED BY TO: MAYOR ASHTON AND MEMBERS OF THE CITY COUNCIL CITY MANAGER FROM: OF • E. SCHINDLER,DIRECTOR • •DEVELOPMENT DATE: MAY 22, 2018 ELECTION TO RECEIVE TAX INCREMENT PAYMENTS PURSUANT TO CALIFORNIA HEALTH AND SAFETY CODE • 60FOR FORMER DOWNEY REDEVELOPMENT ':• . •M�• That the City Council adopt the following resolution: •9 Lei 0 to]r • • • 1 •; • On February 1, 2012, Assembly Bill 1X26 required Redevelopment Agencies (RDA) throughout the state to suspend all activities and prepare for dissolution. In anticipation of this requirement, on January 10, 2012, the Downey City Council chose to serve as the "Successor Agency" to the RDA to wind down RDA affairs, including preparation of various payment schedules and assuming other administrative tasks as required. The City has two (2) former redevelopment project areas: 1) Downey Redevelopment Plan, and 2) Woodruff Redevelopment Plan. Pursuant to California Health and Safety Code 33607.5 and 33607.7, the City is eligible to receive its proportionate share of statutory pass through payments from former redevelopment project areas. However, the City must adopt a resolution electing to receive its share of the statutory pass through payments otherwise, the City's share will be distributed to other taxing entities. On April 2, 2018, staff received a notice from the Los Angeles County Auditor -Controller (LACAC) requesting documentation of the City's election to receive statutory pass through payments for one of the two redevelopment project areas, The Downey Redevelopment Plan. As such, staff is presenting and recommending approval of the attached resolution to the City Council, in order to fulfill the LACAC's request. Approval of the Resolution will ensure that the City will continue to receive its proportionate share of pass through payments going forward, which is anticipated to be $1,901,591 for Fiscal Year 2018-2019. This revenue will allow for payments to be made towards expenses related to the winding down of the RDA. Attachments: "A" — Resolution "B" — Ordinance No. 990 • i • A RESOLUTION OF • OF DOWNEY MAKING AN ELECTIONi CALIFORNIA HEALTH AND SAFETY CODE i .0FOR DOWNEY REDEVELOPMENT (ALSO KNOWN AS DOWNEY PROJECTNO. 1 AND DOWNEY PROJECTNO. WHEREAS, the former RedevelopmentAgency of the City of Downey ("Agency') prepared an amendment to the Redevelopment Plan for the Downey Redevelopment Project Area, also known as Downey Project No. 1 and Downey Project No. 1/81 Annex (the `Redevelopment Plan"), to provide for time limitations on establishment of indebtness, effectiveness of the Redevelopment Plan, and duration of the receipt of tax increment revenues; and WHEREAS, Section 33333.6(e)(2) of the Health and Safety Code provides that if an Agency amends the redevelopment_ plan to extend the limitations period of a plan adopted prior to January 1, 1994, and any other limitations that would have applied but for that amendment of the plan, to increase or eliminate the time limit for the establishment of loans, advances, and indebtedness to be repaid by the redevelopment agency, or other reasons as provided in Section 33333.6(e)(2), then the Agency shall make the payment to affected taxing entities required by Section 33607.7; and WHEREAS, Section 33607.7 of the Health and Safety Code provides that if the Agency amends the redevelopment plan, adopted prior to January 1, 1994, to increase or eliminate the time limit for the establishment of loans, advances, and indebtedness to be repaid by the redevelopment agency, or lengthens the period during which the redevelopment plan is effective, and no pass through agreement exists, the amounts required pursuant to subdivisions (b), (c) (d) and (e) of Section 33607.5 must be paid to each affected taxing entity, including the City, if the City elects to receive such tax increments; and WHEREAS, the City of Downey is an affected taxing entity under Section 33607.5; THEREFORE; i OF OF DOWNEY DOES AEREBY RESOLVE •: • Section 1. Pursuant to Health and Safety Code Sections 33333.6(e)(2) and 33607.5, the City Council hereby elects to receive its share of the twenty-five percent (25%) tax increment pass-through payment authorized by Health and Safety Code Section 33607.5(b) commencing, if not previously commenced the first fiscal year the Agency was required to make such payments to the affected taxing entities, for the current fiscal year and continuing each fiscal year thereafter. Section 2. That the Mayor shall sign and the City Clerk shall certify to the passage and adoption of this Resolution and thereupon the same shall take effect and be in force. APPROVED AND ADOPTED this 22"d day of May, 2018; SEAN ASHTON, • MARIA ALICIA DUARTE, CMC City Clerk I HEREBY CERTIFY that the foregoing Resolution was adopted by the City Council of the City of Downey at a Regular Meeting held on the 22nd of May, 2018, by the following vote, to wit: AYES: Council Members: NOES: Council Member: ABSENT: Council Member: ABSTAIN: Council Member: a MARIA ALICIA DUARTE, CMC City Clerk I a ORDINANCE NO. 990 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF DOWNEY AMENDING THE DOWNEY REDEVELOPMENT PLAN, AS AMENDED, TO PROVIDE FOR TIME LIMITATIONS ON ESTABLISHMENT OF INDEBTEDNESS EFFECTIVENESS OF THE REDEVELOPMENT PLAN, AND DURATION OF THE RECEIPT OF TAX INCREMENT REVENUES, AS REQUIRED BY NEW STATE MANDATED LEGISLATION, HEALTH AND SAFETY CODE SECTION 33333.6 THE CITY COUNCIL OF THE CITY OF DOWNEY DOES ORDAIN AS FOLLOWS! SECTIQN 1. &rjJA. The City Council of the City of Downey does hereby find, determine and declare that: A. On A044A A 1978 "1 Ci* Council of the OtY of 000W **a Downey Redevelopment Prqe7d to be administered by the Downey Community Development Commission (hereafter "Commission"). This Plan has been amended and as presently constituted was established by the following Ordinances (the Redevelopment Plan for the Downey Redevelopment Prejec-t as amended, shall be referred to as the "Plan"): (1) Ordinance No. 553, adopted August 8, 1978 established the Plan and the original Downey Redevelopment Project Area; (2) Ordinance No. 603, adopted August 14, 1979, approved Amendment No. 1 which changed portions of the ted of the Plan but did not add land, (3) Ordinance No. 633, adopted October 28, 1980, approved Amendment No. 2 which added land to the Project Area; (4) Ordinance No. 723, adopted July 18, 1983, approved Amendment No. 3 which added land to the Project Area, however, Amendment No. 3 was invalidated by the Court on December 2, 1985; (5) Ordinance No. 856, adopted J0 20, 1987, approved Amendment , y No. 4 which added land to the Project Area; (6) Ordinance No. 930, adopted July 9, 1991, approved Amendment No. SA which added land to the Project Area; Attachment "B" ICiN 2. Pursuant to California Health and Safety Code Section 33333.5 (a), except as provided in Ca . mia Health and Safety Code subsections 33333.6 ( and (h), and notwithstanding the provisions of the Plan, the following dates are hereby established as the latest dates which CommiWon shall establish loans, advances, and Indebtedness to be paid in whole or in part with the proceeds of property taxes received pursuant to Health and Safety Code Section 33670 related to its activities or r ive property taxes from the Project Area, and the Flan is hereby amended accordingly: A. For the Original Area of the Plan: August 8, 1998. B. For Amendment No. 1 to the Plan:Not Applicable. C. For Amendment No. 2 to the Plan: October 28,-1999.- D. For Amendment No. to the Plan: Not Applicable. E. For Amendment No. 4 to the Plan: July 20, 2007. F. For Amendment No. SA to the Plan: July 9, 2011. G. For Amendment No. 5C to the Plan July 9, 2011. The time limitations set forth in this Section shall not prevent C mi n from incurring debt to be paid from 'scion's low and moderate income housing fund or establishing more debt in order to fulfill Commission's housing obligations under California Health and Safety Code Section 33413. - Pursuant to California Health and Safety Code Section 33333.6 (b), and notwithstanding the provisions of the Plan other than the time limits forth in Section 703 of the Plan, the foll "ng dates hereby are; established as the - dates upon which the effectiveness of the Plan shall be deemed to be tenninated and the Plan is hereby amended accordingly: A. For the Original Area of the Plan: August 8, 2018.: B. For Amendment No. 1 to the Plan: Not Applicable. C. For Amendment No. 2 to the Plan: October 28,-2020. D. For Amendment No. 3 to the Plan: Not Applicable. E. For Amendment No. 4 to the Plan: July 20, 2027. F. For Amendment No. SA to the Plan: July 9, 2031. G. For Amendment No. 5C to the Plan: July 9, 2031. vx2:11277e.1 -3- SECTION ii.; The City Clerk shall ce . to the adoption of this Ordinance and shall cause the same to be publishedin the'manner required by law. PASSED, APPROVED AND ADOPTED this -13th day of December 1994. Barbara J. Rildly,May ATTEST x � ditli F; l)o neh _' CI" STATE -OF CALJF.QRWA COUNTY-,QF LOS 5 ) CITY OF D* i' ``' ) I, Judith E. McDonnell, City Clerk of the City of Downey, do hereby certify that the foregoing Ordinance No. 990 was regularly introduced and placed upon its first reading at a regular meeting of the City Council on the 22nd day of November 1994 That thereafter, said Ordinance was duly adopted and passed ata regular meeting of the City °Council on the t of , UZ_hLr , 1"4, by the following vote, to wit: AYES: 5 COUNCILMEMBERS: Lawrence, McCaughan, Brazelton, Boggs, Riley NOES: 0 COUNCILMEMBERS: None ABSENT: 0 COUNCILMEMBERS None ABSTAIN: 0 COUNCILMEMBERS None oth E.aAcQouaell, City Clerk. (7) Ordinance. No. 931,. adopted July 9, 1991, approved Amendment No. SC which added land to the Project Area. B. On October 6, 1993, Assembly Bill 1290 (AB 1290), the Community Redevelopment Law Reform Act of 1993, was signed into law which imposes pursuant to Health and Safety Code Section 33333.6 a specified set of statutory maximum time limits for eAsting plans adopted prior to January 1, 1994. C. Pursuant to AB 1290, Health and Safety Code Section 33333.6 requires this Council to adopt an ordinance on or before December 31, 1994 which contains time limitations applicable to the Plan. This statute specifically provides that adoption of the Ordinance does not require a public hearing nor compliance with the normal procedures for adoption of amendments to redevelopment plans. D. The time limitations referred to in Health and Safety Code Section 33333.6, include a time limitation for the establishment of loans, advances and indebtedness pursuant to Health and Safety Code subsections 33333.2 (a) (2) or 33333.4 (a) (2), which cannot exceed twenty (20) years from the adoption of the suVIect redevelopment plan or January 1, 2004, whichever is later. Said time limitation does not prevent Commission from incurring certain prescribed debts related to low and moderate income housing. C. The time limitations referred to in Health and Safety Code Section 33333.6, include a time limitation on the effectiveness of a redevelopment plan which cannot exceed forty (40) years from the adoption of the subject redevelopment plan or January 1, 2009, whichever is later. F. The time limitations referred to in Section 33333.6 with certain stated exceptions, include a limitation on the Commission paying indebtedness or receiving property taxes pursuant to California Health and Safety Code Section 33670 so that the same may not occur after ten (10) years from the termination of the effectiveness of the subject redevelopment plan. G. In the current Plan there are certain time limitations which may not be in accord with those time limitations required by Section 33333.6. H. The purpose of this Ordinance is to establish the time limitations speciW In Health and Safety Code Section 33333.6 for the Plan. I. It is the desire of the City Council by adoption of this Ordinance to comply in all respects with all applicable requirements of Health and Safety Code Section 33333.6. -2- n tAX2:112779.1 -4-