[ Statement of Proceedings | Calendar | Clerk of the Board ]
[ Statement of Proceedings | Calendar | Clerk of the Board ]
STATEMENT OF PROCEEDINGS
REGULAR MEETING
OF THE REDEVELOPMENT AGENCY
OF THE COUNTY OF SAN DIEGO
TUESDAY, MAY 12, 1998
Meeting was called to order at 9:08 a.m.
Present: Members Greg Cox, Chairman; Pam Slater, Vice Chair; Dianne Jacob; Ron Roberts and Bill Horn; also Thomas J. Pastuszka, Clerk.
Approval of Statement of Proceedings/Minutes for February 10, 1998 and February 11, 1998.
ON MOTION of Member Roberts, seconded by Member Slater, the Members approved the minutes for the meetings of February 10, 1998 and February 11, 1998.
AYES: Cox, Jacob, Slater, Roberts, Horn
Public Communication
(No Speakers)
Redevelopment 1. Noticed Public Hearing:
Agency Review of Redevelopment Plan and Implementation Plan for the Gillespie Field Project and Establishment of Housing Set-Aside Fund
[Funding Source: Gillespie Field Redevelopment Project Tax Increment.]
(Supv. Dist. 2)
The Gillespie Field Redevelopment Plan was adopted by the Board of Supervisors on July 7, 1987 (53). On December 6, 1994 (3), the Redevelopment Agency adopted the Five-Year Implementation Plan for the Gillespie Field Redevelopment Project Area. This Plan covers Fiscal Year 1995-96 through Fiscal Year 1999-2000. Health and Safety Code Section 33490 requires that during the Implementation Plan period the Agency conduct a public hearing to review the Redevelopment Plan and corresponding Implementation Plan and evaluate the progress of the Redevelopment Project. This Board Letter provides the plan review and other progress information necessary for today's public hearing.
During the plan review process it was determined that the County must set aside 20 percent of project tax increment for low and moderate income housing. This action will establish a housing fund and the deposit of the required tax increment effective Fiscal Year 1998-99.
The funding source for the housing set-aside is the Gillespie Field Redevelopment Project tax increment. If approved, this action will result in a reallocation of funds, providing an estimated $81,000 for low and moderate income housing (Fund 308621), and a reduction of an estimated $81,000 for Redevelopment Agency project related expenses at Gillespie Field (Fund 308611) in Fiscal Year 1998-99. The housing set aside requirement will result in reallocation of 20 percent of the annual tax increment for the remaining life of the project. Annual dollar amounts will be dependent upon tax increment received. This request does not require additional staff years, and there is no cost to the County General Fund.
Implementation of the Gillespie Field Redevelopment Plan has stimulated East County employment, resulting in 300 to 400 jobs to date. The Cuyamaca West 2 development is expected to create an additional 500 to 700 jobs following completion in 2000.
1. Conduct a public hearing to review the Gillespie Field Redevelopment Project Redevelopment Plan, the corresponding Implementation Plan, evaluate project progress, and receive testimony.
2. Close the public hearing.
(Relates to Board of Supervisors Agenda No. 6)
ON MOTION of Member Slater, seconded by Member Horn, the Members of the San Diego County Redevelopment Agency closed the hearing and took action as recommended, on Consent.
AYES: Cox, Jacob, Slater, Roberts, Horn
There being no further business, the Board adjourned at 2:50 p.m.
THOMAS J. PASTUSZKA
Clerk of the Board of Directors of the
Redevelopment Agency
Notes by: Hunter
NOTE: This Statement of Proceedings sets forth all actions taken by the Board of Directors of the San Diego County Redevelopment Agency on the matters stated, but not necessarily the chronological sequence in which the matters were taken up.
- - -
Dist 1 Greg Cox
| Dist 2 Dianne Jacob | Dist 3 Pam Slater
Dist 4 Ron Roberts | Dist 5 Bill Horn
BOS Agenda | BOS Calendar | BOS Meeting Room
| Planning Land Use | Help