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2 <br />3 <br />4 <br />5 <br />6 <br />7 <br />8 <br />9 <br />10 <br />11 <br />12 <br />13' <br />14 <br />15' <br />16 <br />17 <br />18' <br />19 <br />20 <br />21 <br />22 <br />23 <br />24 <br />25 <br />26 <br />27 <br />28 <br />RESOLUTION NO. R-13-11 <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COLTON IN <br />OPPOSITION TO THE STATE ADMINISTRATION'S PROPOSAL TO ABOLISH <br />REDEVELOPMENT AGENCIES IN CALIFORNIA <br />WHEREAS, as part of its 2011-12 budget proposal, the Governor has proposed <br />permanently abolishing California's more than 400 local redevelopment agencies, and; <br />WHEREAS, this proposal represents more of the same State budget raids of local <br />government funds that voters have repeatedly sought to end, most recently in November 2010 <br />when an overwhelming 61% of voters elected to stop State raids of local government funds, <br />including redevelopment funds, and; <br />WHEREAS, this proposal will bring very little financial benefit to the State. <br />According to the State Controller's Office, redevelopment agencies have more than $87 <br />billion in bond and other contractual obligations that legally must be repaid before revenues <br />are available to any other purpose. In fact, according to the State Department of Finance's <br />own budget documents, there will be zero State savings in out years from shutting down <br />redevelopment, and; <br />WHEREAS, this proposal will destroy local economic development, including <br />hundreds of thousands of jobs and billions of dollars in local economic activity throughout <br />California, and; <br />WHEREAS, throughout California, redevelopment activities support 304,000 jobs <br />annually, including 170,600 construction jobs, contribute over $40 billion annually to <br />California's economy in the generation of goods and services, and generate more than $2 <br />billion in state and local taxes in a typical year, and; <br />WHEREAS, eliminating redevelopment will take away one of the few tools local <br />governments have to comply with state requirements to plan for more compact urban <br />development supported by transit -oriented development, housing, jobs and infrastructure, and; <br />WHEREAS, eliminating redevelopment will destroy the development of affordable <br />housing in California. Redevelopment agencies are the second largest funder of affordable <br />housing, behind only the federal government, responsible for over 98,000 units of affordable <br />housing since 1993; and <br />WHEREAS, shutting down redevelopment agencies is a violation of multiple State <br />and Federal constitutional provisions. <br />