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HomeMy WebLinkAbout2009-009 CRA6/12/09 LES • RESOLUTION NO. CRA 2009-009 A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA ADOPTING THE FISCAL YEAR 2009-2010 BUDGET BE IT RESOLVED BY THE MEMBERS OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA, AS FOLLOWS: Section 1. The Community Redevelopment Agency of the City of Santa Ana conclusively finds, determines and declares as follows: A. Pursuant to Health & Safety Code § 33606, the Community Redevelopment Agency of the City of Santa Ana ("Agency") must adopt an annual budget. B. The draft budget for fiscal year 2009-2010 presented to the Agency is designed to further implement the Agency's mandate to reduce or eliminate the physical and economic conditions that cause blight within the City of Santa Ana. The Projects are consistent with the 5-Year Implementation Plan, the Redevelopment Plans (as amended) and the reduction and/or elimination of blight. C. The Legislature has concluded that the term "redevelopment' includes • provision for open-space types of use, such as streets and other public grounds and space, and the replanning or redesign of stagnant or improperly utilized areas which exist because of defective or inadequate street layout. D. The Agency hereby finds and determines that the planning and administrative expenses to be paid from the Low and Moderate Income Housing Fund for each redevelopment project are necessary for the production, improvement, or preservation of low- and moderate-income housing pursuant to Health and Safety Code § 33334.3(d) and are not disproportionate to the amounts budgeted for the costs of production, improvement or preservation of that housing. Such costs are necessary and proportionate to the amount proposed for actual housing assistance activities for the year. E. The Agency hereby finds that the planning and administrative expenses budgeted last fiscal year from the Low and Moderate Income Housing Fund were necessary and appropriate for the production, improvement, or preservation of low- and moderate-income housing pursuant to Health and Safety Code § 33334.3(d) and were not disproportionate to the amounts actually spent last year for the costs of production, improvement or preservation of that housing. F. The Agency has retained certain interests in real property acquired using moneys from the Low and Moderate Income Housing Fund, and has not initiated activities consistent with the development of the property for the development of housing affordable to persons and families of low and moderate income within the statutory five (5) year • period. The addresses of these properties are as follows: 501-501 '/z E. 5t' Street, 507 N. CRA Resolution No. 2009-009 Page 1 of 7 6/12/09 LES Mortimer, 505 E. 5th Street, 611 N. Lacy Street, 809-811 E. Brown, 1600 W. Memory Lane, 601 N. Lacy Street, 712 E. 5th Street, and 711 E. 6th Street. The Agency intends that these properties shall be used for the development of housing affordable to persons and families of low and moderate income, and hereby requests a five (5) year extension in furtherance of said purpose pursuant to Health and Safety Code § 33334.16. G. The Agency adopts by reference and incorporates as though fully set forth herein each and every finding contained in the supporting documentation which accompanies the draft budget for fiscal year 2009-2010, including but not limited to the memorandum from the Executive Director to the City Manager dated May 21, 2009, and the staff report from the Executive Director to the Agency Board, together with any exhibits attached to said documents. H. The draft budget for fiscal year 2009-2010, together with the supporting documentation presented to the Agency, complies in all respects with the requirements of the Community Redevelopment Law, including but not limited to Health & Safety Code § 33606. 1. For those expenditures proposed which are outside the Merged Redevelopment Project Area in the draft budget for fiscal year 2009-2010, the Agency finds and declares that such expenditures will be of benefit to the Merged Redevelopment Project Area. This finding is made pursuant to Health & Safety Code § 33334.2(g)(1). J. The Agency finds and declares, pursuant to Health & Safety Code § 33420.2, that because of the magnitude and severity of the graffiti within its Merged Redevelopment Project Area, any actions that the agency determines are necessary to remove graffiti from public or private property may be taken in order to effectuate the purposes of the redevelopment plan, and such removal actions shall assist with the elimination of blight, as defined in section 33031. K. The Agency finds and declares, pursuant to Health & Safety Code §33445 that certain publicly owned improvements shall be constructed or improved, financed partially or wholly, as determined by the Executive Director, with Agency funds within or without the project areas, thereby constituting debt of the Agency, except within the former Central City and Inter-City Project Areas. The legislative body has determined that the facilities, structures or other improvements listed in the Capital Improvement Plan (CIP) for fiscal year 2009-2010 and the McFadden Realignment Corridor money spent to improve traffic flow on South Main Street outside of the Merged Redevelopment Project Area, are of benefit to the Merged Redevelopment Project Area or the immediate neighborhood in which the project is located; no other reasonable means of financing the buildings, facilities, structures, or other improvements are available to the community; and the payment of funds for the cost of the facilities, structures or other improvements will assist in the elimination of one or more blighting conditions inside the project area or provide housing for low- or moderate-income persons, and is consistent with the implementation plan adopted by the Agency pursuant to Health & Safety Code §33490. CRA Resolution No. 2009-009 Page 2 of 7 6/12/09 LES • L. The Agency has reviewed the Cooperative Agreement between the Agency and the City and hereby updates and reaffirms said Agreement. Section 2. The fiscal year 2009-2010 budget of the Community Redevelopment Agency of the City of Santa Ana is hereby approved and adopted pursuant to Health & Safety Code §33606. Section 3. This Resolution shall take effect immediately upon its adoption by the Agency Board, and the Agency Secretary shall attest to and certify the vote adopting this Resolution. ADOPTED this 6th day of Jam, 2009. APPROVED AS TO FORM: Joseph W. Fletcher, General Counsel Lisa E. Storck Assistant Counsel AYES: Boardmembers: Alvarez, Benavides, Bustamante, Martinez, Tinajero Pulido (6) NOES: Boardmembers: None (0) ABSTAIN: Boardmembers: None (0) NOT PRESENT: Boardmembers: Sarmiento (1) CERTIFICATION OF ATTESTATION AND ORIGINALITY 0 I, PATRICIA E. HEALY, Secretary of the Agency, do hereby attest to and certify the attached Resolution No. 2009-009 to be the original resolution adopted by the Community Redevelopment Agency of the City of Santa Ana on July 6, 20094 Date: Secretary, Com nity Redevelopment Agency CRA Resolution No. 2009-009 Page 3 of 7 MEMORANDUM To: City Manager Date: May 21, 2009 From: Deputy City Manager for Development Services Community Development Agency Subject: COMMUNITY DEVELOPMENT AGENCY 2009-2010 PROPOSED ANNUAL BUDGET We are pleased to present the Community Development Agency's FY 2009-2010 budget for your review. The Agency's overall budget has decreased by 5.7 percent mainly due to the decreased revenues from prior year and fees and interest earnings. In the 2009-2010 fiscal year, the principal effort of the Community Development Agency will be focused upon the expansion and improvement of the City's business, industrial, and residential stock to the extent resources are available to effectuate this effort. The proposed budget reflects the Agency's commitment to neighborhood improvements with $8,109,845 dedicated to residential and commercial improvements via loan programs and rebates. The Agency continues to support neighborhood associations to ensure the long-term commitment, investment, and stabilization of neighborhoods. The Agency's expected accomplishment- in the 2008-2009 fiscal year are highlighted as follows: FY 2008-2009 ACCOMPLISHMENTS • Continued to facilitate the expansion and enhancement of the Auto Mall. • Continued efforts to explore the expansion of MainPlace. • Initiated the development process for Agency-owned properties on Santa Ana Boulevard. • Assisted in the revitalization strategy of the Townsend and Raitt Neighborhood Area. • Established a Downtown Community Management District (CMD). • Prepared and submitted a Substantial Amendment to the Consolidated Plan 2008-2009 Action Plan to receive American Recovery and Reinvestment Act funds. CRA Resolution No. 2009-009 Page 4 of 7 • City Manager May 21, 2009 Page 2 FY 2009-2010 PRIORITY OBJECTIVES • Implement the American Recovery and Reinvestment Act programs (NSP, CDBR-R, WIA, HPRP) • Transition applicable roles and responsibilities of the Downtown office to Downtown, Inc. • Select a developer and commence master planning efforts for the Station District. • Retain and attract "green" businesses in Santa Ana. • Commence "close out" of the Empowerment Zone program. • Select a developer and commence construction on the first phase of the 29 infill housing sites. • Implement the Downtown Facade Improvement Program. • Continue to provide support to the neighborhood organizations and related task force efforts to address "hot spots". • Participate in the design/engineering/outreach efforts related to the Go Local street car project. • Effectively manage Agency financial resources to address continuing budget challenges. The $109,525,315 Community Development Agency annual budget reflects a number of revenue sources including $57,549,235 in tax increment revenue, which represents 52.5 percent of the total budget and $ 28,208,205 or 25.8 percent from the federal Housing Voucher Program. Of the Agency's proposed expenditures for FY 09-10, 25.5 percent is dedicated toward existing debt service and outstanding obligations; 18.6 percent for the administration of Agency operations; 23.3 percent for the HUD Voucher Program; 2.1 percent for payments to subagents and other contractors; 16.3 percent to the implementation of capital projects; and 7.4 percent to commercial and residential loans and rebates. While limited tax increment revenues have impacted the number of capital projects funded, infrastructure-related improvements throughout the project areas continue to be emphasized as revenues permit. The 2009-2010 budget will continue to provide the resources to assist the City in achieving its goals. Thank you for your direction and support in its formulation. Cynthia J. Nelson • CRA Resolution No. 2009-009 Page 5 of 7 REQUEST FOR AGENCY ACTION ?- - AGENCY BOARD MEETING DATE: JULY 6, 2009 TITLE: RESOLUTION APPROVING FISCAL YEAR 2009-2010 COMMITY REDEVELOPMENT AGENCY BUDGET 4wa'a- ?a? EXECUTIVE DIRECTOR RECOMMENDED ACTION AGENCY SECRETARY USE ONLY: APPROVED Q1 As Recommended ? As Amended ? Ordinance on is' Reading ? Ordinance on 2"° Reading ? Implementing Resolution ? Set Public Hearing For CONTINUED TO FILE NUMBER Adopt a resolution approving the fiscal year 2009-2010 budget of the Community Redevelopment Agency as identified in the City of Santa Ana's Annual Budget. DISCUSSION Consistent with California Redevelopment Law, the annual funding plan and certain findings for the Community Redevelopment Agency must be approved by resolution of the Agency. The proposed budget for the Community Redevelopment Agency for fiscal year 2009-2010 is $61,001,235. This includes $57,549,235 in property tax increment revenue and $3,452,000 carried over from the prior year. The tax increment revenue is allocated to support the programs and projects of the Community Redevelopment Agency, including the payment of debt service and obligations totaling $26,393,770 (43.3 percent), payment to the Low and Moderate-Income Housing Fund totaling $15,100,105 (24.8 percent) pursuant to California Redevelopment Law, payment of pass-through obligations to other taxing districts totaling $11,176,770 (18.3 percent), management and administration of the merged redevelopment project areas totaling $4,164,965 (6.8 percent), and the funding of eligible capital projects totaling $4,165,625 (6.8 percent). CRA Resolution No. 2009-009 Page 6 of 7 3-1 . Resolution Approving the FY 2009-2010 CRA Budget July 6, 2009 Page 2 FISCAL IMPACT The fiscal year 2009-2010 Community Redevelopment Agency budget reflects the sum of the appropriations for debt service, contractual, capital projects, and administrative obligations in the merged redevelopment project areas and the Housing Set-Aside fund. APPROVED AS TO FUNDS AND ACCOUNTS: na"Uuq Nancy T. w rds Assistant irector Community Development Agency Ts T' Francisco Gutierrez Executive Director Finance & Management Services Agency CJN/NTE/mlr • • 3-2 CRA Resolution No. 2009-009 Page 7 of 7