2000 AGN JUN 06 I14 - Laserfiche WebLink

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REDEVELOPMENT AGENCY FOR THE CITY OF COLTON For the City Council Meeting of June 6, 2000 TO: Honorable Mayor and City Courkpilmembers APPROVAL: Henry Garcia, Executive Direct*--, FROM: Robb Steel, Redevelopment Directo a SUBJECT: Consideration and Approval a Resolution Designating a Redevelopment Survey Area for Study Purposes DATE: May 24, 2000 Background The Redevelopment Agency for the City of Colton currently has seven redevelopment project areas totaling some 2,032 acres, as follows: Downtown No. 1 18 acres Downtown No. 2 14 acres Cooley Ranch 436 acres Santa Ana River 425 acres West Valley 558 acres Mt. Vernon Corridor 441 acres Rancho -Mill 140 acres - Please refer to the project area map attached as Exhibit "A". Although these project areas cover approximately 18% of the total area in the City of Colton, they exclude many parts of the City that show signs of blight and distress, as evidenced by inadequate infrastructure, abandoned properties, dilapidated buildings, and depressed property values. In many instances these physical and economic problems cannot be adequately addressed by the private sector alone and in many instances will require direct public intervention to reverse the process of decline. To address these issues, the Agency is currently considering the formation of a new project area or areas to help reverse these negative impacts. Prior to forming a new project area, the Agency must first establish what is called a "survey area" to study if the identified areas meet the legal definitions of blight (both physical and economical); and, to determine if forming a new project area is economically feasible. Agency staff has identified various portions of the City for inclusion into a new Survey Area. These areas are denoted on the map of the City attached to the staff report as Exhibit "B". Item # 14