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HomeMy Public PortalAbout12-02-10 RDA TOWN OF TRUCKEE REDEVELOPMENT AGENCY California RESOLUTION 2010-06 A RESOLUTION OF THE TOWN OF TRUCKEE REDEVELOPMENT AGENCY REFERRING THE PROPOSED AMENDMENT TO THE REDEVELOPMENT PLAN FOR THE TRUCKEE REDEVELOPMENT PROJECT TO THE TOWN OF TRUCKEE PLANNING COMMISSION FOR REPORT AND RECOMMENDATION WHEREAS; Sections 33346, 33356 and 33453 of the Community Redevelopment Law (Health and Safety Code Section 33000 et seq.) provide that, prior to a joint public hearing of the legislative body and redevelopment agency on a proposed amendment to a redevelopment plan, the redevelopment agency shall submit the proposed changes to the planning commission; and WHEREAS, the Redevelopment Agency of the Town of Truckee (the "Agency") has prepared and completed a proposed Amendment to the Redevelopment Plan for the Truckee Redevelopment Project (the "Project"), to add a provision regarding limitation on the amount of allowed bonded indebtedness. NOW, THEREFORE, THE TOWN OF TRUCKEE REDEVELOPMENT AGENCY DOES HEREBY RESOLVE AS FOLLOWS: Section 1. The Proposed Amendment to the Redevelopment Plan ,for the Truckee Redevelopment Project, in the form attached hereto as Exhibit A ("Amendment"), is hereby referred to the Planning Commission of the Town of Truckee for its report and recommendation. The foregoing Resolution was introduced by Board Member Green, seconded by Board Member Brown, at a Regular Meeting of the Truckee Redevelopment Agency Board, held on the 2nd day of December 2010 and adopted by the following vote: AYES: Board Member Green, Board Member Brown, Board Member Wallace Dee, Vice Chair deRyk Jones, and Chair Anderson. NOES: ABSENT: tvk (t) ATTEST: Richard S. Anderson, Chair I hereby certify that this is a true and correct copy of lbe-o genal docum=• which is on file at Judy Pri e, CMC gency Secretary Tow all. Judy Rric Town Clerk AGENDA ITEM _________ _ TOWN OP _ TRIC '; ' ." )121(;27- 41 In • • MEETING DATE: December 2, 2010 TO: Honorable Chair and Board Merl' FROM: Dennis Crabb, Agency Counsel( • SUBJECT: Referral of Redevelopment PIaI APPROVED Y� u�� - Tony La hbrook,Town Manay.;r RECOMMENDATION: Adopt Resolution 2010-06 referring the proposed amendment to the- Redevelopment heRedevelopment Plan for the Truckee Redevelopment Project to the Town of Truckee Planning Commission for report and recommendation. DISCUSSION: As the Board will recall there is a need to amend the current redevelopment plan to place a ceiling on bonded indebtedness. The next step in the process is a referral to the Planning Commission for comment on the amendment. The Planning Commission hasithirty (30) days to respond. As a matter of information,all of the other taxing agencies have been contacted in writing regarding the amendment and no objections have been received. A negative declaration of environmental impact has been•prepared and is in circulation for comment. An updated schedule of actions has been prepared, which is attached, and is in process. If there are any questions please let me know. FISCAL IMPACT: None. PUBLIC COMMUNICATIONS: Notice to Taxing Agencies and referral to the Planning Commission meeting on December 8, 2010. ATTACHMENTS: A. Proposed Amendment to the Redevelopment Plan for the Truckee Redevelopment Project. B. Updated Schedule for Redevelopment Plan Amendment Actions. • Town Council Staff Report Pagel oft TOWN OF TRUCKEE REDEVELOPMENT AGENCY California RESOLUTION 2010-06 A RESOLUTION OF THE TOWN OF TRUCKEE REDEVELOPMENT AGENCY , REFERRING THE PROPOSED AMENDMENT TO THE REDEVELOPMENT PLAN FOR THE TRUCKEE REDEVELOPMENT PROJECT TO THE TOWN OF TRUCKEE PLANNING COMMISSION FOR REPORT AND RECOMMENDATION WHEREAS; Sections 33346, 33356 and 33453 of the Community Redevelopment Law (Health and Safety Code Section 33000 et seq.) provide that, prior to a joint public hearing of the legislative body and redevelopment agency on a proposed amendment to a redevelopment plan, the redevelopment agency shall submit the proposed changes to the planning commission; and WHEREAS, the Redevelopment Agency of the Town of Truckee (the "Agency") has prepared and completed a proposed Amendment to the Redevelopment Plan for the Truckee Redevelopment Project (the "Project"), to add a provision regarding limitation on the amount of allowed bonded indebtedness. NOW, THEREFORE, THE TOWN OF TRUCKEE REDEVELOPMENT AGENCY DOES HEREBY RESOLVE AS FOLLOWS: Section 1. The Proposed Amendment to the Redevelopment Plan for the Truckee Redevelopment Project, in the form attached hereto as Exhibit A ("Amendment"), is hereby referred to the Planning Commission of the Town of Truckee for its report and recommendation. , The foregoing Resolution was introduced by Board Member Green, seconded by Board Member Brown, at a Regular Meeting of the Truckee Redevelopment Agency Board, held on the 2nd day of December 2010 and adopted by the following vote: AYES: Board Member Green, Board Member Brown, Board Member Wallace Dee, Vice Chair deRyk Jones, and Chair Anderson. NOES: ABSENT: lik On ATTEST: Richard S. Anderson, Chair IJudyPri e, CMC gency Secretary EXHIBIT A PROPOSED AMENDMENT TO THE REDEVELOPMENT PLAN FOR THE TRUCKEE REDEVELOPMENT PROJECT Paragraph 8 is added to Section 602 of the Redevelopment Plan as follows: "8. The amount of bonded indebtedness to be repaid in whole or in part from the allocation of taxes described in paragraph 2 above, which can be outstanding at any one time shall not exceed SEVENTY-FIVE MILLION DOLLARS ($75,000,000)." • • • • • • Exhibit A 601252v3 00009/0002