NOTICE of SPECIAL REDEVELOPMENT AGENCY MEETING AND
SPECIAL JOINT MEETING OF THE CITY COUNCIL AND REDEVELOPMENT AGENCY
MONDAY, FEBRUARY 7, 2011 at 1:30 P.M.
COUNCIL CHAMBER, CITY HALL
100 SANTA ROSA AVENUE, SANTA ROSA
NOTICE IS HEREBY GIVEN that the Redevelopment Agency of the City of Santa Rosa will hold a Special Meeting on Monday, February 7, 2011, in the Council Chamber, City Hall, 100 Santa Rosa Avenue, Santa Rosa, California, at 1:30 p.m. The purpose of this meeting is to hold a Special Redevelopment Agency Meeting and a Special Joint Meeting with the City Council. The Agenda for the meeting is:
begin video
0
1:30 p.m.
1
AGENDA
1.
2
CALL TO ORDER AND ROLL CALL
2.
3
CITIZEN PUBLIC APPEARANCES (PUBLIC COMMENTS WILL BE LIMITED TO TOPIC OF THE SPECIAL MEETING)
3.
4
STATEMENTS OF ABSTENTION
4.
5
AFFIRMATION OF COOPERATION AGREEMENTS
BACKGROUND: Governor Brown’s Budget Summary, released January 20, 2011, includes a proposal to disestablish redevelopment agencies effective July 1, 2011. Urgency legislation may be introduced shortly that may immediately prohibit redevelopment agencies from incurring any further debt or contractual obligations. In light of the Governor’s proposal, the Agency’s legal counsel has recommended that the Redevelopment Agency approve a resolution affirming existing Cooperation Agreements between the City and the Redevelopment Agency as the debt instrument to fund redevelopment administrative costs specifically authorized and approved in the FY 2010-11 budget.
RECOMMENDATION: It is recommended by the Department of Economic Development and Housing that the Redevelopment Agency approve, by resolution, affirming Cooperation Agreements between the City and Agency as the debt instrument to fund redevelopment administrative costs.
5.
6
FY 2010-11 BUDGET REVISIONS RELATED TO MUNISERVICES TAX INCREMENT AUDIT
BACKGROUND: The City contracts with MuniServices, LLC to provide revenue audits, including the detection and documentation of errors in the assignment of secured and unsecured assessments and the allocation of property tax revenues by Sonoma County. MuniServices completed an audit of the Redevelopment Tax Rate Areas for Gateways, Santa Rosa Center and Southwest Project Areas for FY 2006-07 through FY 2009-10 resulting in net tax increment revenue to the Agency. The Agency’s FY 2010-11 budget did not anticipate the increased revenue or the cost associated with MuniServices’ finder’s fee. A budget revision is required to appropriate funds to pay this unanticipated cost.
RECOMMENDATION: The Department of Economic Development and Housing recommends that the Redevelopment Agency, by resolution, approve increased Fiscal Year 2010-11 budget appropriations and authorize payment of contingency fees to MuniServices, LLC, for increased tax increment realized from revenue audits, subject to Council approval.
6.
7
ADJOURNMENT OF SPECIAL MEETING TO SPECIAL JOINT MEETING
No other business will be considered at this Special Meeting.
2:00 p.m. or as soon thereafter as the Redevelopment Agency adjourns from Special Meeting
8
SPECIAL JOINT MEETING OF THE CITY COUNCIL AND REDEVELOPMENT AGENCY
1.
9
CALL TO ORDER AND ROLL CALL OF CITY COUNCIL MEMBERS/REDEVELOPMENT AGENCY MEMBERS
2.
10
PUBLIC COMMENTS (PUBLIC COMMENTS WILL BE LIMITED TO TOPIC OF THE SPECIAL JOINT MEETING)
3.
11
STATEMENTS OF ABSTENTION
4. REPORT ITEMS
4.1
12
OBLIGATION OF REDEVELOPMENT FUNDS
BACKGROUND: Governor Brown’s Budget Summary, released January 20, 2011, includes a proposal to disestablish redevelopment agencies effective July 1, 2011. Urgency legislation may be introduced shortly that may immediately prohibit redevelopment agencies from incurring any further debt or contractual obligations. There are a number of projects for which the Agency and Council have allocated redevelopment funds through the budget process but the obligations have not yet been memorialized with a funding agreement. A contractual obligation is necessary to protect these funds for local redevelopment projects.
RECOMMENDATION: It is recommended by the Department of Economic Development and Housing that the Council and Redevelopment Agency adopt respective Resolutions:
(a) approving twelve (12) funding agreements (listed below) in the total amount of $4,721,136 and make benefit findings; and, (b) provide direction regarding obligation of available appropriations and reserves by redevelopment project area.
Funding Agreements:
(grouped together below in three separate attachments)
1. Colgan Creek Bike Path (SW) Funding Agreement
2. Hearn Avenue Overcrossing Project – Phases 1 and 2 (SW), First Amendment to Funding Agreement
3. Stony Point Road Widening Project (SW), Second Amendment to Funding Agreement
4. Leddy Avenue Sewer/Water Extension Project (SW), First Amendment to Funding Agreement
5. Burbank Avenue Pathway (SW) Funding Agreement
6. College Avenue Widening Project (GW) Funding Agreement
7. Coddingtown Transit Island (GW) Funding Agreement
8. Santa Rosa Avenue/Sebastopol Avenue Traffic Signal (GW) Funding Agreement
9. Grace Brothers Environmental Remediation Program Services (SRC/GB) Funding Agreement
10. Economic Development (SRC/GB) Amended and Restated Funding Agreement
11. Economic Development (GW) Amended and Restated Funding Agreement
12. Non-Tax Increment Economic Development, Amended and Restated Funding Agreement
5.
13
ADJOURNMENT OF SPECIAL JOINT MEETING
No other business will be considered by the Council or Redevelopment Agency at this Special Joint Meeting.
Dated: February 4, 2011 Susan Canales, Administrative Secretary
The City of Santa Rosa does not discriminate on the basis of disability in the admissions or access to, or treatment of or employment in, its programs or activities. Disability-related aids or services, including printed information in alternate formats, to enable persons with disabilities to participate in public meetings and programs are available by contacting the Economic Development and Housing Secretary at (707) 543-3300 one week prior to the meeting/program. |
This information can also be accessed via the internet at: http://www.srcity.org