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HomeMy WebLinkAboutRedevelopment Agency - 46 RESOLUTION NO. 46 A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH ADOPTING AND 3,' APPROVING ITS REPORT ON THE MAIN-PIER REDEVELOP- MENT PLAN AND TRANSMITTING THE REPORT ON THE MAIN- PIER REDEVELOPMENT PLAN TO THE CITY COUNCIL WHEREAS, the Redevelopment Agency of the City of Huntington . Beach cooperated in the preparation of the Redevelopment Plan for the Main-Pier Redevelopment Project Area with the Planning Co- mmission and consulted with taxing agencies which levy taxes , or for which taxes are levied, on property in the Project Area with respect to the Plan and to the allocation of taxes pursuant to Section 33670 in compliance with the Community Redevelopment Law of the State of California, Health and Safety Code (Section 33000 et seq) . NOW,, THEREFORE, THE REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH DOES RESOLVE AS FOLLOWS : Section 1. The Redevelopment Agency of the City of Huntington Beach approves and adopts its report on the Redevelopment Plan con- taining recommendations by the Planning Cgnuaission of the City of Huntington Beach, the Mairi-Pier Project Area Committee and the re- sponding taxing entities ; . this document being attached as Exhibit "A" to this Resolution and made a part hereof. Section 2. The Secretary of the Agency shall certify to the adoption of this Resolution. APPROVED AND ADOPTED this 7th day of September, 1982 . ATTEST: .10Y Secretary Chairman APPROVED AS TO FORM: INITIATED AND APPROVED AS TO CONTENT : Legal Counsel Director, BusineAw ss In ustria Enterprise APPROVED: _ G > Chief Executive Of 71cer — r � WL EXHIBIT A r ,1 �I I REPORT TO THE CITY COUNCIL ON THE MAIN-PIER REDEVELOPMENT PLAN t ) TABLE OF CONTENTS SECTION PAGE 1.0 INTRODUCTION 1 2.0 REASONS FOR THE SELECTION OF THE PROJECT AREA 2 3.0 DESCRIPTION OF THE PHYSICAL, SOCIAL AND ECONOMIC 2 CONDITIONS EXISTING IN THE AREA 3.1 Condition of Buildings and Structures 3 3.2 Economic Disuse and Depreciated Values 4 3.3 Irregular Subdivision and Multiple Ownership 4 3.4 Lack of Public Improvements 4 3.5 Flooding 4 3.6 Stagnant or Improper Utilization 4 3.7 Increased Crime Rates 4 4.0 FINANC-ING THE PROJECT 5 4.1 General Description of the Proposed Financing 5 Method 4.2 Tax Increments 6 4.3 Other Loans or Grants 6 4.4 Financial Feasibility 7 5.0 METHOD OR PLAN FOR RELOCATION OF FAMILIES 7 5.1 Relocation Program 7 5.2 Relocation Standards 7 6.0 ANALYSIS OF PRELIMINARY PLAN 8 7.0 REPORT AND RECOMMENDATIONS OF THE PLANNING 8 COMMISSION 8.0 REPORT AND RECOMMENDATIONS OF THE PROJECT AREA 8 COMMITTEE 9.0 REPORT REQUIRED BY SECTION 65402 OF GOVERNMENT 9 CODE 1.0.0 ENVIRONMENTAL IMPACT REPORT 9 1.1.0 COUNTY f-ISCAL OFFICER REPORT 10 12.0 FISCAL REVIEW REPORT 10 13.0 NEIGHBORHOOD IMPACT REPORT 10 14.0 ANALYSIS OF THE COUNTY FISCAL OFFICER REPORT AND 12 CONSULTATIONS WITH EACH AFFECTED TAXING AGENCY SECTION APPENDIX A - HUNTINGTON BEACH PLANNING COMMISSION RESOLUTION APPENDIX B - PROJECT AREA COMMITTEE_ RESOLUTIONS APPENDIX C - COUNTY FISCAL OFFICER REPORT APPENDIX D - TAXING ENTITIES RESPONSES APPENDIX E - LEGAL NOTICE AND BOUNDARY DESCRIPTIONS APPENDIX F - FINANCIAL FEASIBILITY ANALYSIS APPENDIX G - DOCUMENTATION OF BLIGHT REPORT 1.0 INTRODUCTION This report to the City Council of the City of Huntington Beach .on the Redevelopment I Plan for the Main-Pier Redevelopment Project is prepared pursuant to the California F: Community Redevelopment. Law, Health and Safety Code, Section 33352, which states: "33352. Every redevelopment plan submitted by the agency to the legislative body shall be accompanied by a report containing: (a) The reasons for the selection of the project area. (b) A description of the physical, social and economic conditions existing in the; area. (c) The proposed method of financing the redevelopment of the project area in . sufficient detail so that the legislative body may determine the economic feasibility of the plan. (d) A method or plan for the relocation of families and persons to be temporarily or permanently displaced from housing facilities in the project area, which method or plan shall include the provision required by Section 33411.1 that no persons or families of low and moderate income shall he displaced unless and until there is a suitable housing unit available and ready for occupancy by such displaced person or family at rents comparable to those at the time of their displacement. (e) An analysis of the preliminary plan. ` 9k M The report and recornmendations of the Planning Commission. (g) The summary - referred to in Section 33337 (Project Area Committee Meetings).* (h) The report required by Section 65402 of the Government Code (real property activities in conformance with the City's adopted General Plan).* W The report required by Section 21151 of the Public Resources Code. (Environmental Impact Report).* (j) The report of the county fiscal officer as required by Section 33323. (An analysis of assessed valuations, identifying taxing agencies and revenues to each taxing agency effected by the Redevelopment Project).* M The report. of the Fiscal Review Committee, if any. (1) If the project area contains low or moderate income housing, a neighborhood impact report: which describes in detail the impact of the project upon the residents of the project area and the surrounding areas in terms of relocation, traffic circulation, environmental quality, availability of community facilties and services, effect on school population and quality of education, property assessments and taxes, and other matters affecting the physical and social fquality of the neighborhood. j *Wording within parenthesis not part of direct quote. 1 (m) An analysis by the agency of the report submitted by the county as required by Section 33328 (Paragraph (j) above) which shall include :3 summary of the consultation of the agency, or attempts to consult by the agency, with each of the taxing agencies as required by Section 33328." s This report to the Huntington Beach City Council is prepared and submitted to the Huntington Beach Redevelopment Agency ("Agency") in accordance with Sections 33.351 and 33352 of the California Community Redevelopment Law,,, which sections require the Agency to: - Prepare a redevelopment plan for each project area. - Conduct public hearings thereon. - Approve a redevelopment plan for each project area.. - Submit each redevelopment plan to the City Council with a report containing the information previously enumerated above. A joint public hearing between the City Council and the Huntington Beach Redevelopment Agency has been scheduled for 7:30 p.m., September 7, 1982 to consider approval of the Main-Pier Redevelopment Plan. Subsequent to Plan approval, the Agency will submit the Redevelopment Plan with this report to the Huntington Beach City Council. 2.0 REASONS FOR THE SELECTION OF THE PROJECT AREA The proposed Main-Pier Redevelopment Project is a continuing effort by the City of Huntington Beach to revitalize blighted areas within the community. On February 1, 1982 the City Council adopted Resolution 5090 designating a redevelopment Survey Area with Inr_luded the proposed redevelopment project. Following the designation of the Survey Area, the City Council directed the Planning Commission to cooperate with the Redevelopment Agency to assess the feasibility and select a redevelopment Project Area within the Survey Area and to formulate a Preliminary Plan for the redevelopment of the Project Area. On April 20, 1982, the Planning Commission selected the Project Area from within the Survey Area and formulated and adopted a Preliminary Plan for the Main-Pier Redevelopment Project Area. The final Project Area boundary description is contained in the legal notice attached to this Report to Council as Appendix E. 3.0 DESCRIPTION OF THE PHYSICAL, SOCIAL_ AND ECONOMIC CONDITIONS — ----------------- ------------------------- EX—(STING IN TI-iE AREA As demonstrated in the Documentation of Blight Report, which is attached hereto as Appendix G and incorporated herein, the Project Area is blighted in numerOUS respects, including both buildings and property. The blighting effects which are having a substantial negative and adverse impact on the Project Area can be summarized as follows: 2 A. Approximately ten percent of the lots in this area (particularly along Second and Third Streets) are developed as residential. This is inconsistent with the existing zoning in the area which is C3, General Business District. The number of parking spaces for these residential units is inadequate to satisfy parking requirements of current residential zoning standards (i.e., Oldtown Specific Plan). Some of these units do not meet the current Building Security Provisions of the City's Ordinance Code which requires enclosed garages for multiple dwellings. With respect to the existing commercial units in the area, off-street parking areas are not landscaped and screened in accordance with the standards of Article 979. Structural 'fire protection is lacking because of openings in some of the structures at the zero lot line. There is considerable delapidation of the commercial and residential structures. 13. The condition of structures, including the condition of the municipal pier, economic disuse, irregular subdivision, fragmented ownerships and lack of capital improvements make the property unsuitable for development by private enterprise acting alone. These negative conditions can only be dealt with by the positive powers of a redevelopment agency: A more detailed description of each of the conditions contributing to growing blight in the area follows. 3.1 Condition of 3uildings and Structures According to the Inventory of ExistiDq Conditions, Downtown _Planniqq_Area, December, 1975, approximately 15 percent of .the structures are beyond reasonable yJ repair, 33 percent are in need of major repair, and 31 percent need minor repairs. According to the. Seismic Resistant Capabilities of Existinq Buildincis for the City of Huntington Beach, February S, 1900, approximately 50.percent of the.structures on the two blocks facing Main Street are considered to be excessive hazards. According to the Structural Survey of the Huntington Beach`Municipal Pier, completed in August, 1979 "The current condition of the main structural members in the older portion of the pier is unacceptable. The reinforcing steel has completely oxidized in some areas and the presence of large cracks in most of the structural members indicates that this condition is widespread throughout the first 57 bents in the pier." "The middle portion of the pier was virtually reconstructed in 1970 when the wooden deck structure was replaced by reinforced concrete joist and deck. The existing pilings that were not replaced in the 1970 rework are now beginning Lo show signs of deterioration, as evidenced by longitudinal cracks and rust stains." "The end portion of the pier, consisting of wood pilings, cap beams and deck, Was found to be relatively undamaged. Minor repairs, consisting of replacing hardware that shows excessive corrosion,'would be recommended." 3 i 3.2 Economic Disuse and Depreciated Values The intensity of development within the Main-Pier Area is much less than other beachfront areas such as Peter's Landing, Newport Beach, Dana Point, Marina Del Rey and the Los Angeles/Long Beach Harbor Areas. Because of the quality of available space, rents are lower than they could be and lower than other more modern facilities with similar locational characteristics. Many studies have concluded that this area is not living up to its full economic potential. The most recent summary, Downtown and Pier Revitalization, indicated that "the first significant effort to upgrade Downtown began in 1.965 when the City contracted with the Urban Land Institute to assess land use and economic issues on a City-wide basis and make recommendations on the future direction to be followed. The Urban Land Institute Study concluded that the City's economic_ future lay in improving its "Front Window" (the ocean front) and revitalizing the Downtown area. 3.3 Irregular Subdivision and Multiple Ownership Within the Main-Pier Redevelopment Area, approximately one-third of the lots are 25 feet in width. These narrow lots can be found in each of the five blocks north of Pacific Coast Highway. There are over forty different individual ownerships within the five blocks of the downtown area within the Main-Pier Project. This fragmented pattern of existing ownership prevents the development of any modern retail, office or residential mixed-lase development. The Downtown _pecific Plan, which is currently in draft form, indicates that the subject blocks north of Pacific Coast Highway should be consolidated for new development. 3.4 Lack of Public Improvements The Draft Downtown Specific Plan indicates that the Main-Pier Area is deficient in adequate water improvements; that sewer facilities, while adequate today, are 70 years old and may be a problem in the near term future; that circulation improvements are necessary to relieve congestion on Pacific Coast Highway; that parking facilities are inadequate; and that the Huntington Pier is in need of major repair. 3.5 Flooding In 1979, L.D. King and Associates prepared a Master Plan of Drainage for the City. This plan identified serious deficiencies in the downtown and townlot areas which include portions of four of the City's 34 drainage districts. These deficiencies ;are not primarily in the project area itself, but reflect a more widespread problem in the townlot area adjacent to the project area. 3.6 Stagnant or Improper Utilization As documented in previous sections, the existing mixed land uses have changed very little in the last twenty or more years, and the structures are continuing to age. The existing land uses are well below their economic potential. 3.7 Increased Crime Rates According to the Police Department, the crime rates in the project area are substantially higher than the City-wide average, reflecting one of the highest rates within the City. 4 4.0 FINANCING THE PROJECT 4.1 General Description of the Proposed Financing Method The Agency, with the approval of the City Council, is authorized to finance the Redevelopment Project with financial assistance from the City of Huntington Beach, State of California, Federal Government, property-.,Lax increments, interest income, Agency bonds, or any other available source of funds. In carrying out the Redevelopment Plan, the Agency, with the approval of the City Council, is also authorized to obtain advances, borrow funds and create . indebtedness. The principal and interest on such advances, funds and indebtedness may be paid from tax increments, or any other funds available to the Agency, subject to certain limitations as to project expenditures, annual tax increment revenues and bonded debt. Advances and loans for survey work and planning and for operating capital to defray costs attendant to normal administration of the project may.he provided by the City until adequate tax increments or other funds are available, or are sufficiently assured to repay such loans and to permit borrowing to obtain adequate working capital from sources other than the City. The City, as it is able, may also supply additional assistance through City loans and grants for various public facilities. As available, gas tax funds from the State of California and the County of Orange may be used to improve or provide for an adequate street system to and from, as well as within the Project Area. As available, other sources of funding including Federal loans and grants may be used to finance portions of Project costs. The Agency is authorized to make such pledges as to specific advances, loans and indebtedness as appropriate in carrying out the project. The Agency, with the approval of the City Council, is authorized to issue bonds if appropriate and feasible in an amount sufficient to finance all or any part of the project, subject to the following limitations: Taxes, as defined in Section 33670 of the California Community Redevelopment Law, shall not be divided and shall not be allocated to the Agency in excess of. $2,250,000 annually during the lifetime of the Redevelopment Plan, except by amendment of the Plan. No loans, advances or indebtedness to finance in whole or in part the Redevelopment Project, and to be repaid from the allocation of those taxes described in the before-mentioned Section 33670, shall he established or incurred by the Agency beyond twenty (20) years from t:he date of adoption of the Plan by the City Council, unless such time limitation is extended by amendment of the Plan. However, such loans, advances or indebtedness may be repaid over a period of time longer than such time limit. Without an amendment of the plan, the amount: of bonded indebtedness which the Agency shall have outstanding at any one tirne shall not exceed $22,500,000. 5 4.2 Tax Increments Ali taxes levied upon taxable property within the boundaries of the redevelopment �. Project each ear, b or for the benefit of the State of ount of J Y � Y California,� Y Orange, City of Huntington Beach, any district or other public corporation (hereinafter sometimes called "taxing agencies") after -the effective date of the ordinance approving the Redevelopment Plan for the Redevelopment Project Area, shall be divided as follows: A. That portion of the taxes which would be-produced by the rate upon which the tax is levied each year by or for each of said taxing agencies upon the total sum of the assessed value of the taxable property in the Redevelopment Project Area, as shown upon the assessment roll used in connection with the taxation of such property by such taxing agency last equalized prior to the effective date of such ordinance, shall be allocated to and, when collected, shall be paid into the funds of the respective taxing agencies as taxes by or for taxing agencies on all other property are paid (for purposes of allocating taxes levied by or for any taxing agency or agecies which did not include the territory of the Project Area on the effective date of such ordinance but to which such territory is annexed or otherwise included after such effective date, the assessment roll of the County of Orange last equalized on the effective date of said ordinance shall be used in determining the assessed valuation of the taxable property in the Project Area on said effective date); and B. That portion of said levied taxes each year in excess of such arnOUnt shall he } allocated to and, when collected, shall. be paid into a special fund of the .Agency to pay the principal of and interest on bonds, loans, monies advanced to, or indebtedness (whether funded, refunded, assumed or otherwise) incurred by the Agency to finance or refinance in whole or in part this Redevelopment Project. Unless and until the total assessed value of the taxable property in the Project Area exceeds the total assessed value of the taxable property in the Project as shown by the last equalized assessment roll referred to in Paragraph 1 hereof, all of the taxes levied and collected upon the taxable property in the Project Area shall be paid into the funds of the respective taxing agencies. When said bonds, loans, advances and indebtedness, if any, and interest thereon, have been paid, all monies thereafter received from taxes upon the taxable property in the Project shall be paid into the funds of the respective taxing agencies as taxes on all other property are paid. That portion of taxes mentioned in subdivision.(2) above are hereby irrevocably pledged for the payment of the principal of and interest on the advance of monies, or making loans, or the incurring of any indebtedness'(whether funded, refunded, assumed or .otherwise) by the Agency to finance or refinance in whole or in part the Redevelopment Project. 4.3 Other Loans and Grants Any other loans, grants or financial assistance from the United States, or any other public or private source, will be utilized, ,if available, as the Agency deems appropriate to its corporate purposes. 6 4.4 Financial Feasibility 1 A financial analysis demonstrating the financial feasibility of the project is attached as Appendix E. i 5.0 METHOD OR PLAN FOR RELOCATION OFF FAMILIES OR PERSONS 5.1 Re'location Program Because of the deteriorated quality of structures within- portions of the Project Area, residences and businesses are likely to be relocated. Upon implementation of the Redevelopment Plan for the Project Area, the Agency will establish specific plans for development of each specific area. Based on these specific plans, it may become necessary for the Agency to acquire certain existing .structures for purposes of implementing the Project. , Should this eventually occur, the Agency will assist any and all persons who qualify as residents and businesses which are displaced hecause of actions taken by the Agency in acquiring real property. Such persons and businesses will be assisted in finding suitable replacement facilities in an area of their choosing. Such accommodations shall be decent, safe and sanitary and within the financial means of the persons or businesses displaced; situated in reasonably convenient locations and otherwise to the displac_ee's needs. Where applicable, the Agency is also authorized to provide (cause the construction of). housing inside or outside the Project Area for purposes of assuring displaced persons with suitable replacement housing. Should it be decided that: displaced persons can be .accommodated in facilities to be constructed within the Project Area, all reasonable steps will he taken by the Agency to phase implementation of the specific plan of development such that. persons are not displaced until such time as suitable replacement structures are made available within the Project: Area. Relocation payments will be made by the Agency, as required, to persons, families, individuals and businesses displaced by the Project in conformance with the Community Redevelopment Law of the State of California and Agency rules and regulations, as previously adopted. Families and individuals shall receive moving expenses and, when eligible, may receive a replacement housing payment for homeowners or for tenants. Since the Redevelopment Plan for the Project anticipates displacement o'f some of the businesses, business displacement payments will be provided to those who are eligible. These payments may include moving expenses, direct. loss of personal property payments, or in-lieu payments. In addition, the Agency will reimburse owners for certain settlement costs incurred in their sale of property to the Agency. 5.2 Relocation Standards It is the Agency's objr dive that any Project Area residents who may be required to move because of redevelopment activities in the Main-Pier Redevelopment Project Area will be rehoused with a minimum of hardship in accommodations which are decent, safe, sanitary and suitable to their individual needs; located in areas not less desirable .than the Project Area in regard to public utilities and public and commercial facilities; reasonably accessible to their places of employment; and i priced within their financial means. 7 6.0 ANALYSIS OF PRELIMINARY PLAN The proposed Redevelopment Plan for the Main-Pier Redevelopment Project is based on the Preliminiary Plan and is in conformance with the City's adopted General Plan, as amended to date. Conformance to the standards contained in the Preliminary Plan for the Main-Pier Redevelopment Project Area will materially contribute toward the elimination of blight and its causes. Through the encouragement of modern, attractive, economically feasible development in conformance with the General Plan and-'construction of needed Public improvements, new jobs will be created both short-term and long-term, additional housing provided, public recreational opportunities expanded and economic growth realized. Building intensities and population densities will be in conformance with state and local codes, thus correcting any code violations that may exist within the Project Area. As discussed in greater detail in the Environmental Impact Report prepared for this Project, the neighborhood impact on project residents, and the community as a whole, over the long-term, should be positive, although short-term negative impacts caused by the inconvenience of relocation, increased truck traffic and dust during construction cannot be avoided if the Project is to be implemented. 7.0 REPORT AND RECOMMENDATIONS OF THE PLANNING COMMISSION On August 17, 1982, the Huntington Beach Planning Commission reviewed and approved the Environmental Impart Report. on the Main-Pier Redevelopment Plan, and made the _ finding that the Redevelopment Plan is consistent with the General Plan and recommended Agency approval. The Resolution No. 1295 of the Planning Commission is attached hereto as Appendix A and made a part of this report to Council on the Redevelopment Plan. 8.0 REPORT AND RECOMMENDATIONS OF THE PROJECT AREA COMMITTEE Section 33385 of the California Community Redevelopment Law requires the legislative body of a city or county to call upon the residents and existing community organizations in a redevelopment project area to form a Project Area Committee whenever the proposed project is expected to result in the displacement of a substantial number of low and moderate income families. Since it is anticipated that implementation of the proposed Main-Pier Redevelopment Plan will result in some residential displacement, the City Council appointed the Main-Pier Project Area Committee which conducted meetings, approved the Owner Participation Rules and Relocation Plan, and recommended approval of the proposed Main-Pier Redevelopment Plan. The appropriate resolutions are attached as Appendix B-1, B-2 and B-3. In addition to adopting these formal resolutions, the Project Area Committee made several recommendations for City Council consideration which follow. A. The Agency/City should provide property owners with an option to lease their property to the Redevelopment Agency or developer with stipulations of reappraisals in three to five years which would incorporate appreciation and cost of living increases. 1 B. Property owners in the Main-Pier Project Area could be provided opportunities to exchange their parcels for vacant Agency/City-owned parcels in other parts of the Project Area or within the City. 8 C. The beach parking should be several blocks inland in order to free up the beach parcels for more attractive uses and create more business traffic through the Downtown commercial district. D. Development in the downtown area should be phased to provide accommodations for potential displacees in a timely manner. For instance, as a first priority, the City should proceed with development, of additional commercial space adjacent to the pier. E. The 60 percent requirement for development proposal approval or some other means should he used to insure meaningful property owner involvement. In addition to making these specific recommendations, the Project Area Committee asked that the Main-Pier property owners also be asked to supplement these thoughts. On August 26, 1982, a representative group of Main-Pier property owners met and added the following recommendations or thoughts: A. Upon adoption of the Redevelopment Plan, the Agency should contact all property owners and solicit individual interests in implementing the program. B. The Agency/City should make a substantial commitment toward helping solve the parking problem. C. The City should reassess its parking requirements to be sure that they are rational and would not preclude desired development by being.excessive. D. Economic incentives must be provided through development policies and J standards if the economic constraints to new . development are to be overcome. Therefore, the City Council should provide maximurn flexibility to developers and property owners in the Downtown Specific Plan so that the market can be tested and the economic realities effectively addressed. r 9.0 REPORT REQUIRED BY SECTION 65402 OF GOVERNMENT CODE. The Agency may acquire real property within the Redevelopment Project Area for streets in order to provide adequate on-site circulation within the Project Area as necessary for new development in accordance with the Redevelopment Plan. All such acquisitions for public purposes shall be consistent with the City's adopted General Plan, as amended to date and as may be amended in the future. Furthermore, the Agency does not intend to acquire any real property within the Project Area unless such acquisition is essential to accomplishing the underlying objective of the Redevelopment Plan, which is to eliminate hlighting conditions within the Project Area. Should the Agency acquire any real property for other than streets or other public purposes, it will subsequently dispose of such property for uses consistent, with the adopted General Plan for the City of Huntington Beach and be further consistent with the above-quoted section of the Government Code. 10.0 ENVIRONMENTAL IMPACT REPORT The Environmental Impact Report (EIR) on the Mgin-Pier Redevelopment Plan has been completed as required by the California Environmental CDuality Act of 1970. During the t meeting of August 17, 1982, the Huntington Beach Planning Commission reviewed and 9 approved the draft EIR and forwarded it to the City Council for its approval and certification. The final EIR will be reviewed and certified by the City Council prior to consideration of the adoption of the Main-Pier Redevelopment Plan and then incorporated ff herein as part of the Report to the City Council. I. 11.0 COUNTY FISCAL OFFICER REPORT Pursuant to Section 33328 of the California Health and Safety-'Code, the State Board of Equalization and the County officials charged with allocating taxes are required to prepare and deliver, within 90 days of receipt of the Statement of Preparation, Project legal description and maps, to the Redevelopment Agency and each of the affected taxing agencies, a report containing the following: A. The total assessed valuation of all taxable property within the Project Area as shown on the base year assessment roll. B. The identification of each taxing agency levying taxes in the Project Area. C. The amount of tax revenue to be derived by each taxing agency from the base year assessment roll from the Project Area, including state subventions for homeowners, business inventory and similar such subventions. D. For each taxing agency, its total ad valorem tax revenues from all property within its boundaries, whether inside or outside the Project Area. E. The estimated first year taxes available to the Redevelopment Agency, if any, based.upon information submitted by the Redevelopment Agency, broken down by taxing agencies. F. The assessed valuation of the Project Area, by block, for the preceding five years, except for state assessed property on the board roll. G. The total assessed valuation of all taxable property outside of the Project Area which is within 300 feet from the boundaries of the Project Area as shown on the base year assessment roll. While the ninety days have expired at the drafting of this Report to the City Council, the fiscal information, when received, will be attached hereto as Appendix C and made a part of this Report to the City Council on the Redevelopment Plan. Correspondence reflecting Agency contact with the County Fiscal Officer and State Board of Equalization concerning this is attached in Appendix C. 12.0 FISCAL :•?T `l-.ore of the; --_> my :rii:lLic: ca' c; `,ar form;;-� .i^n of a I-iscal I?eview Committee prior to of the proposed f?edevelop^ nt Plan. 13.0. E. r ii.i.: r �J�.:":,-L:t.::i,.- ;`r Zile t'i)1"-a.-a. 1'\:121i—�. The Plan, as presently envisioned, will provide for the assemblage .and sale of properties and portions of properties to the Redevelopment Agency. However, if owners of these parcels are desirous of participating in the project, such participation will be encouraged in conformance with the Redevelopment Plan. The most direct impact to property owners within the Project Area would be the displacement (except for owner participants) resulting from implementation of the Redevelopment Plan. This impact will be largely attenuated with the Agency's: (1) taking deliberate steps to negotiate the purchase price of properties to be acquired at fair market value, (2) initiating„such negotiations as soon as practical subsequent to the adoption of the Redevelopment Plan, (3) providing relocation advisory assistance and benefits to all who are displaced and are qualified for benefits, (4) ensuring ample time for purchase of property to be negotiated and sufficient time after to consummate the process of relocation, and (5) keeping all concerned continuously apprised of the Agency's progress and its activities. Although the impact of relocation could be negative, its long-term impact is expected to be positive in that relocation will afford businesses and residences in the Project Area a unique opportunity to move to a more desirable location of their choice with little or no capital outlay necessary from personal cash resources. The impact from project implementation on surrounding neighborhoods is also expected to be positive over the long term. Development of modern, well-planned comercial, residential, recreational and public facilities will provide an economic and aesthetic impetus to the surrounding areas. Furthermore, in achieving such development, existing blighting influences will be irradicated from within the Project Area. Although the project will afford substantial benefits to the community over the long term, it is possible that in the short term existing neighborhoods surrounding the Project Area could experience certain negative impacts during the construction period resulting from heavier truck traffic, noise and dust. However, these impacts will he mitigated by confining construction and trucking activities to daylight hours and by requiring spray watering, as necessary, to control the impact of dust. Over the long term, positive impacts to surrounding neighborhoods will result from the development of modern and well-designed facilities which will have eliminated the blighting conditions of the Project Area while enhancing the total social and economic vitality of the City of Huntington Beach. It is anticipated that by relocating existing residents to more desirable neighborhoods that the existing adverse impacts frorn traffic and environmental quality will be greatly mitigated. As presently envisioned, it is the desire of the Agency to construct, or cause the construction of, approximately 300 new residential units and to assist in the creation of approximately 1,000,000 square feet of new commercial/office development. The total value of improvements would be approximately $150,000,000. Based upon this proposed activity and the condition of existing buildings, the Agency anticipates the relocation of approximately 25 residences and 40 businesses. The precise location of new development, displacement phasing and level of activity is impossible to predict. at this time. As development proposals come before the Agency, individual environmental evaluations will be conducted as required by C.E.Q.A. The generalized impacts on the neighborhood of an additional net 300 residential units and a net 1,000,000 square feet of new commercial/office development can be summarized as l follows: J 11 r r , *Residential - 300 Units - 1,900 vehicle trips per day increase - 500 parking spaces increase - 45,000 gallons of sewerage per day increase - 50,000 gallons of water per day increase - 1.,000 pounds of solid waste per day increase - 130 potential maximum student increase *Commercial/Office - .1,000,000 Square Feet 4,000 vehicle trips per day increase - 2,750 parking spaces increase - 70,000 gallons of sewerage per day increase - 100,000 gallons of water per day increase - 5,000 pounds of solid waste per day increase A population increase of 900 will probably require the addition of approximately 1 fireman and related equipment, l policeman and related equipment, may require additional educational facilities; however, it is anticipated that there would be a minimal increase in school-age population and the quality of education would not: be adversely affected. Ntany of the costs for providing increased services could be provided by the Redevelopment Agency. It is anticipated that such services and improvements would include substantial changes in the traffic and circulation system, the water and sewer system and in the solid waste management system, and upgrading of the community pier. Creation of the proposed Redevelopment Project will not effect the payment of property taxes on existing land holdings or structures both within and outside the Project Area. Existing property tax will be paid in accordance with the provisions of Proposition 13. However, as change of ownership occurs and as new development is constructed, the property will be reappraised by the County of Orange and, while the rate will remain the same, the taxes paid will increase as a result of the County reappraisal. 1.4.0 ANALYSIS OF THE COUNTY FISCAL OFFICER REPORT AND CONSULTATIONS WITH EACH AFFECTED TAXING AGENCY The analysis of the County. Fiscal Officer's Report will be provided upon receipt of the report by the Agency (Refer to Appendix C). The staff of the Redevelopment Agency provided all taxing entities with copies of the various documents and called and/or met with the staff of each entity's board. Responses, requests and recommendations are included in Appendix.D- In addition, each affected taxing agency has been properly noticed regarding the joint public hearing for the Redevelopment Plan. Should any taxing entity have further input, they should express their concerns at that time. 12 Res. No. 46 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) CITY OF. HUNTINGTON BEACH) I , ALICIA M. WENTWORTH, Secretary of the Redevelopment Agency of the City of Huntington Beach, California, DO HEREBY CERTIFY. that the foregoing resolution was duly adopted by the Redevelopment Agency of the City of. Huntington Beach at a meeting of said Redevelopment Agency held on the 7th day of September 19 82 , and that it was so adopted by the following vote: AYES: Members: Thomas, MacAllister, Mandic, Finley, Bailey, Kelly NOES: Members: None ABSENT: Members : Pattinson Secretary of. the Redevelopment Agency of the City of Huntington Beach, Ca.