2000 AGN APR 04 I15 - Laserfiche WebLink

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Report to Agency Board re Mt. Vernon Corridor Project 2\33445 Finding April 4, 2000 Page 2 of 6 The projects recommended for funding by the Citizens Committee are identified on a map of the project area, attached to the staff report as Exhibit "B". Most of the projects will take place within the project area boundaries; however, several of the residential improvement projects may be located outside of the boundaries of the project area. These projects are identified and denoted by an asterisk above. Generally, redevelopment funds must be spent within the Project Area; however, redevelopment funds may be spent outside of the project area if the projects can be found to benefit the project area or the neighborhoods surrounding the project area. At the January 18, 2000 meeting of the Agency, the Agency Board approved the list of public improvement projects recommended for funding by the Mt. Vernon Citizens Advisory Committee, and forwarded the list of projects for review and necessary actions by the Planning Commission and City Council. Prior to the Agency's final approval of the projects and authorization of the expenditure of tax increment funds for the installation or construction of these public improvements, the Planning Commission must find that the proposed public improvement projects are consistent with the General Plan (Government Code Section 65401 and 65402); and, the City Council must make certain findings and authorize the use of Redevelopment funds for the construction of public improvements pursuant to Health and Safety Code Section 33445. On March 14, 2000, the proposed public improvement projects for the Mt. Vernon Project Area were presented to the Planning Commission for their review and consideration. At that meeting, the Planning Commission made the necessary findings that the list of Public Improvement Projects was consistent with the City's General Plan and adopted Resolution No. 0-2-00. A copy of a report of these finding made by the Planning Commission is attached to the staff report as Exhibit "C". Discussion The next step, prior to the Agency taking its action to appropriate the funds necessary to install or construct the aforementioned projects, is for the City Council to make certain findings and approve the use of Agency funds to pay for all or part of the value of the land and public right-of- way and the cost of the installation and construction of any of the public improvement projects pursuant to Health and Safety Code Section 33445. The City Council must make the following findings: 1) That the building, facility, or other improvements are of benefit to the project area or the immediate neighborhood in which the project is located. 2) That no other reasonable means of financing the buildings, facilities, or other improvements are available to the community. 3) The payment of funds for the acquisition of land or the cost of buildings, facilities, structures, or other improvements, will assist in the elimination of one or more blighting conditions inside the project area, provide housing for low- or moderate -income persons, and is consistent with the implementation plan.