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HomeMy WebLinkAbout2011 CC RESO 2011-47 CDCRESOLUTION 2011 — 47 RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF NATIONAL CITY APPROVING THE PRELIMINARY REPORT FOR THE AMENDMENT TO THE REDEVELOPMENT PLAN FOR THE NATIONAL CITY REDEVELOPMENT PROJECT AREA, AND AUTHORIZING TRANSMITTAL OF THE PRELIMINARY REPORT PURSUANT TO HEALTH AND SAFETY CODE SECTIONS 33333.11 (e) AND 33344.5 WHEREAS, the Community Development Commission of the City of National City ("CDC") has undertaken proceedings to adopt an amendment ("Amendment") to the National City Redevelopment Project Area ("Project Area"); and WHEREAS, the Amendment for the Project Area proposes to increase the tax increment from $300 Million to $475 Million, increase the amount of bonded indebtedness from $100 Million to $150 Million, increase the effectiveness of the Redevelopment Plan by ten (10) years, increase the timeframe to receive tax increment by ten (10) years, increase the affordable housing deposit in the Low and Moderate Income Housing Fund to not less than 30 percent (30%), modify the duration of affordability for low to moderate -income housing, re- instate eminent domain for twelve years on certain non-residential properties, and make modifications to the boundaries for non-residential properties subject to eminent domain as indicated in Exhibit D; and WHEREAS, pursuant to California Community Redevelopment Law (Health and Safety Code Section 33000, et seq.) ("CRL") the CDC shall prepare and send to each affected taxing entity a Preliminary Report as detailed in Sections 33333.11(e) and 33344.5 of the CRL; and WHEREAS, the proposed Amendment for the Project Area will allow the CDC to improve its bonding capacity and address blighting conditions that remain in the Project Area; and WHEREAS, the proposed Preliminary Report does not propose development or uses that are not already included in the General Plan and is in conformance with the General Plan. NOW, THEREFORE, BE IT RESOLVED that the Community Development Commission of the City of National City does hereby: Section 1. Approve the Preliminary Report and authorizes staff to transmit the Preliminary Report to each affected taxing agency for the purpose of consultations in accordance with the provisions of the CRL. Section 2. The Community Development Commission of the City of National City hereby finds that the Project Area contains no lands that are in agricultural use and therefore, the CDC is not required to transmit this Preliminary Report to the entities described in Section 33344.5(g) of the CRL. --- Signature Page to Follow --- Resolution No. 2011 — 47 Page 2 PASSED and ADOPTED this 15th day of February, 2011. RP Morrison, Chairman ATTEST: Bra on, Secretary PROVED AS TO FORM: dia G. S CDC General •. nsel Passed and adopted by the Community Development Commission of the City of National City, California, on February 15, 2011, by the following vote, to -wit: Ayes: Commissioners Morrison, Natividad, Rios, Sotelo-Solis, Zarate. Nays: None. Absent: None. Abstain: None. AUTHENTICATED BY: RON MORRISON Chairman, Community Development Commission Secretary, Community Development Commission By: Deputy I HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of RESOLUTION NO. 2011-47 of the Community Development Commission of the City of National City, California, passed and adopted on February 15, 2011. Secretary, CortTmunity Development Commission By: Deputy