1986 CC MIN JUL 01 - Laserfiche WebLink

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216 West Valley Redevelopment Project,, hereinafter referred to as the "Redevelopment Plan," and the proposed Environmental Impact Report prepared on the Redevelopment Plan, hereinafter referred to as the "EIR". At this hearing all persons wishing to speak for or against the pro- posed Redevelopment Plan and on the EIR will have an opportunity to speak. Mayor Huntoon and Chairperson Cisneros, declared the Public Hearing open for the City Council and the Redevelopment Agency. Mayor Huntoon read the contents of the record as follows: 1. An Affidavit of Publication in a newspaper of general circulation of a notice of this public hearing published on June 9,16,23, and 30, 1986. 2. A true and correct copy of the Notice of Public Hearing which was mailed by certified mail to the last known assessee of each parcel of land in the Project area. 3. An affidavit of mailing to the property owner in the West Valley Redevelopment Project. 4. Certified copies of Agency and Council resolutions consenting to the public hearing and setting the time and place of the public hearing. 5. A copy of the report prepared pursuant to Section 33352 of the California Health and Safety Code, which contains as attachments and are a part thereof, the Redevelopment Plan for the West Valley Redevelopment Project. 6. The Preliminary Plan adopted by the City of Colton Planning Com- mission on the West Valley Redevelopment Project. 7. A Copy of the Colton General Plan. 8. A copy of the Preliminary Report on the West Valley Redevelopment Project. Redevelopment Manager, Jennifer Thornberry, introduced Mr. Dan McCue of Best, Best & Krieger, Mr. Brice Russell and Ms. Linda Mawby of Gunn Russell Copenhaver & Co., Inc. Mr. Brice Russell stated before he begins his presentation, he would li to say that a property owner meeting was held on June 26, 1986, at which interested persons requested a copy of a map showing land uses as they - rently exist in the City's General Plan. Mr. Brice asked those in the audience still needing a map to raise their hands and one would be handed to them. Mr. Brice Russell stated the Redevelopment Plan authorizes the Redevelopment Agency to undertake a wide range of activities, which would encourage deve- lopment and redevelopment consistent with the City's General Plan. Mr. Bric stated the plan is not one that addresses specific development on a parcel per parcel basis. Mr. Brice stated the plan authorizes the Agency to provide a large variety of public improvements, such as: flood control channels needed in the area; to assist owners of private property to develop or rehab- ilitate their property consistent with the General Plan; to acquire property and dispose of it for development or redevelopment; to de- molish buildings and clear the sites owned by the Agency for the pur- pose of making those sites available for new development; and authorize utilizing tax increment financing to pay for its various activities, tax increment financing being the property tax revenues resulting from increases in assessed valuation in the project area resulting from new development. Mr. Brice said with respect to acquisition of property, the property`° owners in the area have been notified that the Agency is authorized to acquire property through eminent domain, if negotiations for a fair market settlement fail. Mr. Brice stated that there are no immediate plans for the Agency to acquire property in the project area, but this is a very important authority for the Agency to have. Mr. Brice stated the plan authority for eminent domain is limited to the first 12 years following adoption of the plan. Mr. Brice said the plan authorizes the Agency to use a wide variety of financing sources to finance the redevelopment of the project area. 4U _i, 1 W6