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Item #16 <br />REDEVELOPMENT AGENCY FOR THE <br />CITY OF COLTON <br />For the Redevelopment Agency Board Meeting of <br />February 17, 2004 <br />TO: Honorable Chairperson and Boardmembers <br />FROM: Candace E. Cassel, Redevelopment Manager <br />SUBJECT: Approval of Professional Services Agreement to Prepare a <br />2005 — 2009 Five Year Implementation Plan for the <br />Redevelopment Agency. <br />DATE: February 4, 2004 <br />BACKGROUND <br />The Redevelopment Agency for the City of Colton (Agency) has seven of project areas: <br />Project Area <br />Date Adopted <br />Ordinance No. <br />Downtown No. 1 <br />January 15, 1964 <br />1179 <br />Downtown No. 2 <br />January 18, 1965 <br />1264 <br />Cooley Ranch <br />July 29, 1975 <br />1478 <br />Santa Ana River <br />December 29, 1982 <br />1632 <br />West Valley <br />July 15,1986 <br />0-10-86 <br />West Valley Amendment <br />June 30, 1987 <br />0-9-87 <br />Mt. Vernon <br />June 30, 1987 <br />0-8-87 <br />Rancho/Mill <br />July 5,1994 <br />0-13-94 <br />At the formation of each project area, a redevelopment plan was adopted. The <br />redevelopment plan creates the legal framework that allows redevelopment agencies to <br />focus its efforts on eliminating blight. It provides a description of specific geographic areas, <br />the blighting conditions in those areas, the type of projects that will be required to improve <br />the conditions, as well as time limits for incurring debt and collecting tax increment to pay for <br />these projects. <br />Section 33490 to the Health and Safety Code requires that a redevelopment agency create <br />and update an Implementation Plan every five years. An Implementation Plan identifies <br />specific goals and objectives, activities and projects for each project area. On December 7, <br />1994, the Agency Board adopted Agency Resolution No. 654, which adopted the 1995-1999 <br />Implementation Plan. Agency Resolution No. 752 was adopted on February 29, 2000, <br />updating and approving the 2000-2004 Implementation Plan. <br />R:\ShareRDA\Meetings\2004 MeetingsTebruary 17, 2004Umplementation Plan.doc <br />