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HomeMy WebLinkAboutOakview Tax Pass through Agreements - 1989-06-19Macy A. f fiWd . Arnwido • Di.�trict �' Iv..,.e, r � ?us** CHMCELLOF%. District Adm'-nistradon: 1370 Adams Avenue, Costa Melia, Calitomia 92626 CERTIFIED ?:AIL August 21, 1989 Ms. Connie Brockway, CMC City Clerk City of Huntington Beach 2000 Hain Street Fluntington Beach, CA 92648 Dear Ms. Brockway: ' Enclosed is the signed original agreement between the Coast Community College District and the Huntington Beach Redevelopment Agency pertaining to Amendment Ba. One to the Oakviev ; Redevelopment Plan. This agreement was approved by our Board of Trustees on August 16, 1989. } 4 As you did not include a copy fer the Coast Community College = District, I am requesting that you return. by Certified Mail, a certified copy for our files. if further action is necessary, please do not hesitate to call me at (714) 432-5547. S�i]nc�erely, _ �tM C.M. rtttmbhatt Director, Fiscal Affairs •' CMB:kl {� Eno. s•. ORANGE COA ST COLLEGE *GOLDEN WEST COLLEGE • COASTUNE COI+ mUWTY COLLEGE • KOM TN m PBS ame R r mem fRq stare i fb.wt M.w.an f "42pom f V%VW voosw rk" , CM4 alvv- � T boV+w,w.. m4 4wa4s I .�.�...�...a. t►t, o.... `I ewe etr.�� i►t� �aet! 6rsMur !nq r�t7 Law a��.. l�+q tll p 4 fh4 OHM t 6r/�b� i�+b• in�l �R3tM frtMe4 i1t4 dlifTT . + Q 1? I C %,./ R' J— r;• AGREEMENT BY AND BETWEEN THE COAST COMMUNITY COLLEGE DISTRICT AND THE HUNTINGTON BEACH REDEVELOPMENT AGENCY PERTAINING TO AMENDMENT NO. ONE TO THE OAKVIEw REDEVELOPMENT PLAN This Agreement is made and entered into this 16th day of Amia_ , 1989 by and among the Coast Communit College District (hereinafter referred to as the "District"), the Huntington Beach Redevelopment Agency (hereinafter referred to as the "Agency") and the City of Huntington Beach (hereinafter referred to as the "City"). RECITALS WHEREAS, the Agency is a redevelopment agency existing pursuant to the provisions of the Community Redevelopment Law (California Health and Safety Code Section 33000, et seq.) which has been authorized to transact business and exercise the powers of a redevelopment agency pursuant to action of the City Council of the City of Huntington Beach (the "City Council and WFM"XJLS, in November 1982, the City Council adopted Ordinance No. 2582 approving a Redevelopment Plan (the "Plan") fer the oakview Redevelopment Project (the "Project"); and WHEREAS, the Agency has formulated Amendment No. One to the Oakview Redevelopment Project ("Amendment No. One"). WHEREAS, Amendment No. One, contains provisions to increase the limitation and to extend the term for the distribution and allocation of property tax revenues derived from property located within the Oakview Redevelopment Project Area (t-he "Project Area") to the Agency pursuant to California Health and Safety Code Section 33670(b) (hereafter referred to as "Added Tax Increment"); and WHEREAS, the Project Area is located within the District's boundaries and is served by the District, and WHEREAS, Fiscal Review Committee meetings have been held at which representatives of the District and other affected taxing entities have discussed the fiscal impact of Amendment No. One; and WHEREAS, meetings have been held by representatives of the District and representatives of the Agency to discuss the fiscal impact of Amendment No. One on the District; and WHEREAS, pursuant to California Health and Safety Code Section 33401, the Agency is authorized to compensate affected taxing entities, including the District, for any amounts of money which the Agency determines are appropriate to alleviate any financial burden or detriment caused to the District by the Implementation of Amendment No. Cne; and MMREAS, Section 33445 of the Health and Safety Code provides authorization for the Agency, with the consent of the City Council, to pay all or part of the value of the land and the cost of the installation and construction of certain buildings, facilities, structures, or other improvements owned or to be owned by the District (hereinafter the "District Facilities"), whether within or without the Project Area but Within the territorial jurisdiction of the Agency, upon a determination by the City Council and the Agency that such buildings, facilities, structures, or other improvements are of benefit to the Project Area or the irrnediate neighborhood in which the Project Area is located and that no other reasonable means of financing such buildings. facilities, structures, or other improvements are available to the community (the "community" being defined in the Community Redevelopment Law as the City of Huntington Beach). WHEREAS, the purpose of this Agreement is to provide for the appropriate payments to be made by the Agency to the District in order to: (1) alleviate all significant financial burden or detriment caused to the District by the tax allocation provisions of Amendment No. one; and (2) assist the District by paying for all or part of the cost of certain District Facilities. WHEREAS, this Agreement alleviates financial burden or detriment to the District resulting from Amendment No. One. WHEREAS, for the above reasons, and to amicably resolve any differences regarding Amendment No. one, the parties hereto enter into this Agreement. NOW, THEREFORE, in consideration of the foregoing and the mutual covenants and conditions contained herein, the parties hereto agree as follows: Section 1. Definitions The wcrds and terms in thin Agreement, unless a different meaning clearly appears from the context, shall have the meanings set forth as follows: (a) "Added Tax Increment" shall mean property tax revenues in excess of Three Hundred Fifty Thousand Dollars ($350,000) 6/9/89 4866n/2460/034 -2- Ifiscal year including the Property Tax Increment set forth in Health and Safety Code Section 33334.2 attributable to Increases in the assessed valuation of property located within the Project Area above the valuation shown on the 2982-1983 assessment roll, which tax revenues are allocated and paid to the Agency pursuant to California Health and Safety Code Section 33670(b) in accordance with Amendment No. One . (b) "Agency" shall mean the Huntington Beach Redevelopment Agency. (c) "City" shall mean the City of Huntington Beach, a municipal corporation. (d) "Community Redevelopment Law" shall mean Part 1 of Division 24 of the Health & Safety Cade (commencing with Section 33000). (a) "District" shall mean the Coast Community College District. and its successors. (f) "District Share" shall mean that portion of the Added Tax Increment allocated to and received by the Agency pursuant to Health and Safety Code Section 33670(b) resulting from the general purpose tax levy of the District. (g) "Existing Increment Flow" shall mean the full amount of Property Tax Increment allocated and paid to the Agency in accordance with the Plan, exclusive of any and all Added Tax Increment so allocated in accordance v:th Amendment No. One. (h) "Fiscal Year" shall mean the period from July 1 to and including the following June 30. (i) "Ordinance" shall mean Ordinance No. 3 oo, (the ordinance approving Amendment No. One). (j) "Project Area" shall mean that area so designated in Amendment No. One as approved by the Ordinance. M "Property Tax Increment" shall mean the full amount of tax revenues attributable to increases in assessed valuation above the valuation shown on the 1982-1983 assessment roll, which tax revenues are allocated and paid to the Agency pursuant to California Health and Safety Code Section 33670(b) from the Project Area. (1) "Term" shall mean the period of time knendment No. One remains in effect. 6/9/89 4866n/2460/034 -3- J= Section 2. Pay -went by Aaencv to District (a) Subject to the provisions of Section 3 of this Agreement, for each Fiscal Year during the Term in which the Agency receives an allocation and payment of Property Tax Increment, the Agency shall deposit into a special fund of the Agency pursuant to subdivision (c) of this Section 2, fifty percent (50%) of the District Share. The District and the Agency agree that the base assessed valuation used in computing such payments shall be established by tho assessment roll for the 1282-83 Fiscal Year. (b) In addition to the foregoing, for each Fiscal Year during the Term in which the Agency receives an allocation and payment of Property Tax Increment pursuant to Health and Safety Code Section 33670(b), the Agency further agrees to deposit into a special fund of the Agency pursuant to subdivision (c) of this Section 2, an amount equal to all of the Added Tax Increment allocated to and paid to the Agency for the applicable Fiscal Year pursuant to subdivision (b) of Section 33670 which are attributable to: 1) increases in the rate of tax imposed for the benefit of the District which levy occurs after the tax year in which the Ordinance becomes effective, and 2) increases in the assessed valuation of the taxable property located in the Project Area above the valuation shown on the 1982-1983 assessment roil pursuant to subdivision (a) of Section 33670, which are, or otherwise would be, calculated annually pursuant to subdivision (f) of Section 110.1 of the Revenue and Taxation Code. Such payments shall be made pursuant to the District resolution adopted in accordance with Section 33676(b) of the Health and Safety code electing to receive payments pursuant to Sections 33676(a)(1) and 33676(a)(2). (c) Subject to Section 3 below, funds to be deposited by the Agency on behalf of the District pursuant to this Agreement shall be placed in a special fund of the Agency to be utilized pursuant to the direction of the District solely for the purposes permitted under Section 4. The special fund shall be hold in a separate interest -bearing account on behalf of the District, with interest accruing to said account. The Agency undertakes no responsibility or duty with respect to the selection of the interest -bearing account or for the maximizing of interest. The Agency agrees to cooperate with the District in selecting the interest -bearing account. The District covenants that it shall expend revenues received by the District pursuant to this Agreement only in strict conformity with this Agreement. (d) Payments pursuant to Sections 2 and 3 are subject to the conditions and limitations set forth in parts (a) through (i) of Section 6 of this Agreement. 6/9/B9 4866n/2460/034 -4- W .r Sectlan 3. Alternate Payment Procedure As an alternative to the payment procedure set forth in Section 2, the District may elect to have all payments that are to be deposited by the Agency made in one of the following manners; a. to a nonprofit corporation to be formed by the District; or b. directly to the contractors and suppliers of the District who are constructing capital improvements on District Facilities as described in Section 4. Should the District elect to have the payments received as described in this Section 3(b), the Agency shall deposit the funds into a separate interest -bearing account on behalf of the District (w.,h interest accruing to said account). and the Agency shall be entitled to withdraw from said fund all costs (including personnel and administrative costs) in administering said fund. The Agency undertakes no responsibility or duty with respect to the selection of interest -bearing accounts or from the maximizing of interest. The Agency agrees to cooperate with the District in selecting the interest -bearing account. Section 4. District_ Expenditure of Revenues All funds paid by the Agency pursuant to Section 2 or 3 of this Agreement shall be expended on capital improvement projects selected by the District. Upon written request by the Agency as may be made so often as the Agency shall deem appropriate, the District shall promptly provide without charge a written statement accounting for the expenditure of funds, together with any reports to state agencies pertaining to such expenditures or the subject improvements. Section 5. Agency Bonds It is agreed and acknowledged by the District that the Agency may issue bonds and assure obligations to the fullest extent permitted by law, and that the Agency may pledge all or any portion of the Added Tax Increment to the repayment of any such obligations; provided that the inclusion of such a pledge of Added Tax Increment attributable to the general purpose tax levy of the District shall be allowable as a pledge only either (i) with the written consent of the District or (ii) the Agency covenants not to utilize the amount due the District in establishing the size of any such bond issue. The District agrees that it shall promptly approve and execute such documents as are necessary or Section 5 and facilitate the indebtedness) by the Agency, consistent with this Section 6/9/89 4866n/2460/034 convenient to implement this issuance of bonds (or other so long as such documents are 5. -5- Section 6, Conditions Payments to be deposited by the Agency on behalf of the District are subject to the following conditions and limitations: (a) Agency's obligation under this Agreement to deposit payments on behalf of the District is deemed to constitute "3n indebtedness" within the meaning of Health and Safety Code Sections 33670 and 33675. (b) Agency shall deposit on behalf of the District amounts due pursuant to this Agreement during each Fiscal Year within a reasonable period after the Agency receives the Added Tax Increment allotment from the County Auditor -Controller provided that payments in relation to allotments received between July I and December 31, of any Fiscal Year shall be made no later than the following February 28; and that payments in relation to allotments received between January 1 and June 30, of any Fiscal Year shall be made no later than the following August 30 (c) The Agency's obligation to make payments hereunder shall be limited to Added Tax Increment from the Project Area received by the Agency. In no way shall the Agency be liable for such obligations from revenues of other redevelopment project areas in the City or frc:n Existing Increment Flow or from any other revenues. The City shall have no financial obligation or any other obligations by virtue of this Agreement. (d) The Agency shall not be obligated to defend any action challenging the validity of any payments hereunder by Agency to District; provided Agency shall cooperate in connection with the District's defense thereof. (e) Notwithstanding any other provisions of this Agreement to the contrary, the Agency's obligation to make payments to the District under this Agreement in any single year shall not: (i) exceed the amount of Added Tax Increment which would have been received by the District if all the Added Tax Increment from the Project Area had been allocated to all the affected taxing agencies without regard to the division of taxes required by Health and Safety Code Section 33670; (ii) violate the expenditure limitation under Article XIIIB of the California Constitution of such entity; or (iii) be contrary to any provision of the laws of the state of California. (f) No payments shall be made by the Agency from the Added Tax Increment to the District except as expressly set forth in Sections 2 and 3 of this Agreement. 6/9/a9 4866n/2460/G34 -6- /rr • Y ti:7�iY v µyi • C S; • '• fir -may (g) The District shall indemnify, defend and hold harmless the Agency from any claims, liabilities and causes of action asserted by any third party against the Agency by reason of the Agency's payment of funds in the manner described in Sections 2 and 3 of this Agreement. (h) Failure by the Agency to deposit payments on behalf of the District into a special fund of the Agency pursuant to the terms of this Agreement shall constitute a default hereunder, (i) Payments made after the times described in Section 6(b) shall bear interest at the maximum allowable rats permitted by law from the date such payments are due and both principal and interest thereon shall be deposited by Agency in the special account of Agency.. Section 7, Covenant Not To Sue The District agrees and covenants that it shall not file or participate in opposition to the Agency in any lawsuit attacking or otherwise questioning the validity of A.endment No. One, the adoption or approval of such Amendment No. One, or any of the findings or determinations made by Agency or City Council of the City in connection with the adoption of Amendment No. One. The District declares that it has conducted all such investigation and study of matters pertaining to the subject matter of this Agreement as it has deemed appropriate. The District finds and determines that this Agreement alleviates financial burden and detriment as presently exists to the District resulting from Amendment No. one. The District agrees and acknowledges that the provision of the continuing effectiveness of such declaration is a material inducement to the Agency to approve this Agreement, and that but for such declaration the Agency would not approve and execute this Agreement. rn the event and to the extent tax increments are withheld from the Agency by reason of the pendency of any such cause of action, case, claim, count, action, or complaint filed by any public or private person or entity, or otherwise Withheld, the District agrees not to claim interest on any such withheld funds. The Agency's responsibility for making any reimbursement otherwise required by this Agreement shall accrue and be paid to the District when and if available at the conclusion of litigation. The time for the Agency performance hereunder shall be excused for the duration of such litigation. 6/9/89 4866n/2460/034 —7— Section Q. Entire Agreement This Agreement constitutes the entire agreement between the Agency and District with respect to the matters set forth herein, and any changes, modifications or aa:endments thereto shall be legally binding and effective only upon duly executed written amendment hereto. Section 9. Effective Date This Agreement shall become effective the date last executed below and shall continue in effect until Agency is deactivated pursuant to Section 33141 of the California Health and Safety Code or its successors; provided that this Agreement shall terminate automatically and be of no further force or effect in the event that Amendment No. One is not adopted on or before December 31, 1989, or in the event the adoption of Amene-ment No. One should be set aside or annulled as the result of litigation. IN WITNESS WHEREOF, the parties hereto have executed this Agreement on the day and year first above written. Dated: 1A, 19,f9 ATTEST: C. M. Brahmbhatt Director, Fiscal Affairs Approved as to form: Dated: 6/9/89 4866n/2460/034 COAST COMM, COLLEGE DISTRICT By: CZ: - Vice Chance 7or, Business Affairs Mz 44% 7:1 bard of Tnmem �•; DuntinAn Beach Union 19 J" s� f High School District "'°°'"'°''�"ho 10251 Yorktown Avenue * Huntington Beach, Callornia 92646 Davie Ctitrs�: ARerr+et• derlc (714) 964-3339 FAX (714) 963.7684 DrAd Wwf*K MerrAW Lawromt Kempw. Ed.D..lupar4dand*M of fd VOIN August 16, 1989 Mr. Wes Bannister, Chairman Huntington Beach Redevelopment Agency Huntington Beach City Hall ' 2000 Main Street Huntington Beach, CA 92648 Dear er: I an returning the agreement which pertains to the 0akview Redevelopment Flan between the distrfct and the Redevelopment Agency of the City of Huntington Beath. The Board of Trustees has asked that I share their appreciation for your courtesy and cooperation in the matter of pass -through funds associated with redevelopment. All of us appreciate your willingness to work with our district and in so many other areas. Thanks again. Very truly yours, Lawrence Ker7per, Ed.D. Superintendent LEK:ct Attachment vswovM 1..M . R 0 %WIN 0 IF"" I VV" 0 1j~ a O"M riw . f vw" %I% Uft.d b "A Wed 0 owwwas two* 0 V%41"" 0 lam\ 0~ wi❑ August 14, 1989 Connie Brockway, CMC City Clerk City of Huntington Beach 2000 Fain Street Huntington Beach, CA 92648 Dear Mz Brockway: H Enclosed, as requested, is the executed original agreement between ocean View School District and the Huntington Beach Redevelopment Agency pertaining to Amendment No. One to the Oakview Redevelopment Plan. The agreement was Board approved at the August 8, 1989 Board Meeting. Please send a certified copy of the agreement for our records. Sincerely, n m� 'e' 71-2 James L. Jones, Jr. Assistant Superintendent Business Services JL7: j d Encl c: Alan R. Burns OCEAN VIE SCHOOL DISTRICT hUrCny GWIrDUCK CALIFORNIA AM Y ?"? Wr FAx ?M/W.r-"W SUPEA1N1'EN0F.NT BOARD OF TRUSTEES MlXttf &kwAurmy Jernt Carrick Pnaident ASSISTANT SUPERINTENDENTS Chvin Odertund' Cletk Debra LOnOWW. l mbW Jawpn Condon !oft MWOM Lftmw Jrnw4 L JW*L Jr. Caeo" "^ &%entw N. Am M p.r O,e«u.o, IV~ n.e "n"do...n owma w 40 0" &me of or rw• ww«. f AGREEMENT BY AND AMONG THE COUNTY OF ORANGE, THE ORANGE COUNTY FLOOD CONTROL DISTRICT, AND THE HUNTINGTON BEACH REDEVELOPMENT AGENCY PERTAINING TO AMENDMENT NO. ONE TO THE OAKVIEW REDEVELOPMENT PLAN Thi Agreement is made and entered into this &day of , 1989 by and among the County of Orange; the Orange Ctunty Flood Control District (hereafter collectively referred to as "County Taxing Entities") and the Huntington Beach Redevelopment Agency (hereinafter referred to as the "Agency"). RECITALS WHEREAS, the Agency is a redevelopment agency existing pursuant to the provisions of the Community --Redevelopment Law (California Health and Safety Code Section 33000, gJ a=.) which has been authorized to transact business and exercise the powers of a redevelopment agency pursuant to action of the City Council of the City of Huntington Beach (the "City Council"); and WHEREAS, in November 1982, do City Council adopted Ordinance No. 2582 approving a Redevelopment Plan (the "Plan") for the Oakview Redevelopment Project (the "project"),* and WHEREAS, the Agency has formulated Amendment No. One to the Oakview Redevelopment Project ("Amendment No. One`). WHEREAS, Amendment No. One, contains provisions to increase the limitation for the distribution and allocation of property tax revenues derived from property located within the Oakview Redevelopment Project Area (the "Project Area") to the Agency pursuant to California Health and Safety Code Section 33670(b) (hereafter referred to as "Added Tax Increment"); and WHEREAS, meetings have been held by representatives of the County Taxing Entities and representatives of the Agency to discuss the fiscal impact of the Project on the County Taxing Entities; and WHEREAS, the County of Orange (the "County") has negotiated on behalf of all entities and departments with respect to which the members of the Hoard of Supervisors serve on the governing board; and 0 r WHEREAS, pursuant to California Health and Safety Code Section 33401, the Agency may pay to the County Taxing Entities as a taxing agency with territory located in the Project Area, an amount of money which, in the Agency's determination, is appropriate to alleviate any financial burden or detriment caused to the County Taxing Entities by the implementation of Amendment No. One; and WHEREAS, the Partied agree that the allocation of all the tax increment revenue to the Agency as a result of the implementation of Amendment No. One as proposed would cause a financial burden and detriment to the County Taxing Entities in that there will be a net increase in the quality and quantity of County services provided by the Orange County General Fund, the Orange County Harbors, Beaches and Parks Fund, and the Orange County Flood Control District; and WHEREAS, the parties agree that the payments provided for under this Agreement are necessary to -and are sufficient to alleviate the above financial burdens and detriments; and WHEREAS, for the above reasons, and to amicably resolve any differences regarding Amendment No. One, the parties hereto enter into this Agreement. NOW, THEREFORE, in consideration of the foregoing and the mutual covenants and conditions contained herein, the parties hereto agree as follows: 5ectloD_1 The words and terms in this Agreement, unless a different meaning clearly appears from the context, shall have the meanings set forth as follows: (a) "Added Tax Increment" shall mean property tax revenues in excess of Three Hundred Fifty Thousand Dollars ($350,000) per Fiscal Year attributable to increases in the assessed valuation of property located Within the Project Area above the valuation shown on the 1982-1983 assessment roll, which tax revenues are allocated and paid to the Agency pursuant to California Health and Safety Code Section 33670(b) in accordance with Amendment No. One . (b) "Agency" shall mean the Huntington Beach Re.developmant Agency. (c) "City" shall mean the City of Huntington Beach, a municipal corporation. 6/6189 4361n/2460/034 -2- (d) 'Community Redevelopment Law" shall mean Part 1 of Division 24 of the Health & Safety Ccde (commencing with Section 33000). (e) 'County" shall mean the County of Orange, a political subdivision of the State of California, and its successors. (f) "County Share" shall mean that portion of the Added Tax Increment allocated to and received by the Agency pursuant to Health and Safety Code Section 33670(b) resulting from the general purpose tax levy of the County. (g) 'District' shall mean the Orange County Flood Control District, and its successors. (h) "District Share" shall mean that portion of the Added Tax Increment allocated to and received by the Agency pursuant to Health and Safety Code Section 33670(b) resulting from the general purpose tax levy of the District. (i) 'Existing Increment Flow' shall mean the•full amount of Property Tax Increment allocated and paid to the Agency in accordance with the Plan, exclusive of any and all Added Tax Increment so allocated in accordance with Amendment No. One.- (j) 'Fiscal Year' shall mean the period from July 1 to and including the following June 30. (k) "HBP' shall mean the County of Orange Harbors, Beaches and Parks Fund. (1) 'HBP Share' shall mean that portion of the Added Tax Increment allocated and received by the Agency pursuant to Health and Safety Code Section 33670(b) resulting from the general purpose tax levy of HBP. In the event HBP should cease to function, the Agency shall make payments of those amounts which, pursuant to this Agreement, would be payable to HBP, to the County. Such cessation or a transfer of responsibility from HBP to the County shall not result in the Agency making greater payments at the higher percentage represented by the County Share in comparison to the HOP Share. (m) 'Ordinance' shall mean Ordinance No. 3"i1- (the ordinance approving Amendment No. One). (n) 'Project Area" shall mean that area so designated in Amendment No. One as approved by the Ordinance. (o) "Property Tax Increment' shall mean the full amount of tax revenues attributable to increases in assessed valuation above the valuation shown on the 1982-1983 assessment roil, which tax revenues are allocated and paid to the 'gency 6/6/89 4361n/2460/034 -3- Pursuant to California Health and Safety Code Section 33670(b) from the Project Area. (p) "Term` shall mean the period of time Amendment No. One remains in effect. Section The Agency agrees to pay the County Taxing Entities and HBP each Fiscal Year within the Term an amount equal to all of the Added Tax Increment allocated and paid to the Agency for the applicable Fiscal Year pursuant to subdivision (b) of Section 33670 which are attributable to increases in the rate of tax imposed for the tenefit of the County Taxing Entities and HBP which levy occurs after the tax year in which the Ordinance sdopting Amendment No. One becomes effective. Such amounts shall be limited to Added Tax Increment which would have been allocated to the County Taxing Entities and HBP after an election pursuant to Health and Safety Cade Section 33676(a)(1), to the extent the then applicable law requires such allocation to an affected taxing agency-which•has wade the election under Section 33676(b). Section --a The A.;ency shall pay to the District or its successors for each Fiscal Year an amount equal to the District Share which is received by the Agency in such Fiscal Year. This Section 3 shall remain in effect throughout the Term so long as the District continues to function. Sectlon_4 (a) For the first ten (10) Fiscal Years following the effective date of the Ordinance during which the Agency receives an allocation and payment of Property Tax Increment, the Agency shall make no payment to the County or HBP except as provided in Section 2 above. (b) The Agency agrees that for each Fiscal Year commencing with Fiscal Year eleven (11) and continuing through Fiscal Year twenty (20) in which the Agency is allocated and paid Added Tax Increment, the Agency shall pay to the County or its successors an amount equal to thirty percent (30%) of the County Share and shall pay to HBP an amount equal to thirty percent (30%) of the HBP Share. (c) Commencing with the twenty-first Fiscal Year and continuing through the Fiscal Year in which Amendment No. One is terminated or expires, the Agency agrees that for each such Fiscal Year in which the Agency is allocated and paid Added Tax Increment, the Agency shall pay to the County or its successors 6/6/89 4361n/246G/034 -4- In M an amount equal to fifty percent (50t) of the County Share and shall pay to HBP an amount equal to fifty percent (50%) of the HBP Share. (d) The County, the District, REP and the Agency agree that the base assessed valuation used in computing the payments made by the Agency to the County, the District and HBP pursuant to Sections 3 and 4 of this Agreement shall be established by the assessment roll for the 1982-83 Fiscal Year. (e) payments pursuant to Sections 2, 3, and 4 are subject to the conditions and limitations set forth in parts (a) through (g) of Section 6 of this Agreement. Section b It is agreed and acknowledged by the County Taxing Entities and HBP that the Agency may issue bonds and assume obligations to the fullest extent permitted by lair and, except as provided in Section 6(e) herein, that the Agency may pledge all or any portion of the Added Tax Increment to the repayment -of any such obligations, provided that the inclusion within such a pledge of Added Tax Increment attributable to the general purpose tax levy of the County Taxing Entities or HBP shall be allowable as a first and senior pledge only (i) with the consent of the County or (fi) upon the payment by the Agency to the County, HBP or the District (or the commitment by a trustee in connection with the issuance of bonds to cause to be annually paid) from the proceeds of such issue or other revenues available to the Agency such revenues as would be payable to the County, HBP or the District in any year in which pledged revenues would be payable to the County, HBP or the District pursuant to this Agreement. The County agrees that it shall promptly approve and execute such documents as are necessary or convenient to inplement this Section 5 and facilitate the issuance of bonds (or other indebtedness) by the Agency, so long as such documents are consistent with this Section 5. Section 6 Payments to the County, the District and HBP are subject to the following conditions and limitations: (a) Agency*x obligation under this Agreement is deemed to constitute 'an indebtedness' within the meaning of Health and Safety Code Sections 33670 and 33675. (b) Agency shall pay to the County, the District, and HBP, amounts due pursuant to this Agreement during each Fiscal Year within a reasonable period after Agency receives the Added Tax Increment allotment, from the County Auditor -Controller provided that payments in relation to allotments received between July 1 6/6/89 4361n/2460/034 -5- and December 31, of any Fiscal Year shall be made no later than the following February 28; and that payments in relation to allotments received between January 1 and June 30, of any Fiscal Year shall be made no later than the following August 30. (c) The Agency's obligation to make payments hereunder shall be limited to Added Tax Increment from the Project Area received by the Agency. In no way shall the Agency be liable for such obligations from revenues of other redevelopment project areas in the City or from Existing Increment Flow or from any other revenues. The City shall have no financial obligation or any other obligations by virtue of this Agreement, and shall not be responsihle for the discharge of obligations of the Agency herein. (d) No payment shall be made by the Agency in any Fiscal Year pursuant to this Agreement if such payment would impair any contract, obligation to service bonded indebtedness or the refinancing of such existing indebtedness or any other existing obligation entered into by the Agency prior to the execution of this Agreement. (e) The Agency's obligation to make payments hereunder shall be junior and subordinate to the Agency's obligation under Health and Safety Code Section 33334.2. (f) Notwithstanding any other provisions of this Agreement to the contrary, the Agency's obligation to make payments to the County, HSP or the District under this Agreement in any single year shall not: (i) exceed the amount of Added Tax Increment which would have been received by either if all the Added Tax Increment from the Project Area had been allocated to all the affected taxing agencies without regard to the division of taxes required by Health and Safety Code Section 33670; (11) violate the expenditure limitation under Article XIIIB of the California Constitution of such entity, or (III) be contrary to any provision of the laws of the State of California. (g) No payments shall be made by the Agency from the Added Tax Increment to any agency or division of the County (or any agency administered by the County) except as expressly set forth in Sections 2, 3 and 4 of this Agreement. The County, HSP, and the District certify that they have not at any time requested and do not now request the receipt of revenues pursuant to Health and Safety Code Section 33676(a)(2) in connection with the Project, including, without limitation, Amendment No. One thereto. The County, H8P and the District each agree and covenant that they shall not file or participate in opposition to the 6/6/89 4361n/2460/034 -6- Agency in any lawsuit attacking or otherwise questioning the validity of Amendment No. One, the adoption or appruval of such Amendment No. One, any statement of indebtedness Consistent with this Agreement, or any of the findings or determinations made by Agency or City Council of the City in connection with such Amendment No. One. This Agreement constitutes the entire agreement between the Agency and the County, the District and HBP With respect to the matters set forth herein, and any Changes, modifications or amendments thereto shall be legally binding and effective only upon duly executed written amendment hereto. This Agreement shall become effective the date last executed below and shall continue in effect until Agency is deactivated pursuant to Section 33141 -of the California Health and Safety Cade or its successors; provided that thin Agreement shall terminate automatically and be of no further force or effect in the event that Amendment No. One is not adopted on or before December 31, 1989, or in the evert the adoption of Amendment No. One should be set aside or annulled as the result of litigation. IN WITNESS WHEREOF, the parties hereto have executed this Agreement on the day and year first above written. Approved as to form: COUNTY OF ORANGE AND ORANGE CO".JM FL D CONTROL DISTRICT 75er.,r4, By: County Counsel Chairman, Board of Supervisors Dated: 12-16-8Y 6/6/89 4361n/2460/034 Dated:_ dgw" f _ SIGNED AND CERTIFIED TIM A COPY OF THIS DOCUMENT HAS BEEN DELIVERED TO THE CHAIRMAN OF THE BOARD. c.�bz Linda D. Ruth Clerk of the Board of Supervisors County of Orange, California ,q- AUG a M 'L}-' 1«••nJ �: l y,=f, i �T,' ■r�..:as 4 '� /dI'••.��'^1r r�•-t '.,1 .y �y ^j'.fl R.r_•�,/ •+�:4 a''��•• {.• e'•1. • • i. � ti , '! r•1 r �'.Y � • 1?'.� + � �.{ atii•'� 1 n' �'.Mtf ,% ly •%;.�.• e, �'`�• �. '� {;. .,�r .'.�. •. �yL1 � � r ,•. ;•r "' r�j,t �•s� .,�,. �t'•.7 +%.'ri.,r• 41, {,.,�Jr �a. �, �:.s•• ,t, ,�.+.,,..•�;,; •ft, � ... • }}�� •;' •• '1 { ;i ^'��?�: .�,► rrni.��,i.1 1--. ►Nf 4,L �•1: �,t, r.." }}`� t' 1.''•{ t•%•• r S r {• .•.. ... L•. 'ice r �� + ♦ ti. w' 75.. � � 7�'i:':' A C•'tf. •.y. C •{"r 1Y :+•. r •• �r- '.i%N. �irtli•w�f1•.1a-g•�r«�R'�41r,� r-r-l�Fr..+rrL: :'fit 1�1,'1�1 :'{51':�. -.. j.: ,�,,,:r �•.S .r [..l r�: .� • •�•f •�' .1 1 �i4 '�7•• r_l• �.`rr .�.•1. AGENCY Zrairman � '•��.:?•y:: fit, /•� Agency Clerk Executive Director J•.` .:.� Approved as to Form: r _: •yam'., i Agency1 •,� •��•-1' ,. �1 Vim,• ��•• Agency Special Couzfsel 616189 :r' �'y: 'lerh ; � • r'• 'i H r. + , Y . 1 1 1 � '- E ' . �'1i'+�-(•..s+tirrC" ,Y r ,�,•rs!"^• � l..r: li 5 � r ' '' i l' . : '' : i ; 4 - � � ' r r ^'� T' a,�w.; :, '�,Z.�:j.' x � - .r•:�.rs. ,..•y,l. :�* 3 •r � � •il .:� ti•.1� 1. ' y ^y r; • •,����• f •a r �• '•'��, :t�. =�:a ., 4 :« t - .\.,.v�7• .tiJ `1 -r} S'r� 1' i':• �'� r +�' '!• 7 f t �• t lti !r�L� by �..`.-tl•�,f.j '.'.'�'• Y'•� 't lr I £ fit 1} r-. �r y.:•. rl. s• ,i •,• •�` •r .,L� d � ?•,t y �~�r� �:. �,ti. F •�� ;.��; , Il r l.r..:l �4 ,� 6,� ! ,1 r _ � : r R` 16 '. ' �. •I .•4. •� r ti Kr,.`.. ;r! �. ax''�."{. �}!•.'�'•�� p1 � •�� � '.tir� yti..'1 ,R',.: :rt . ir�,'.�1 .l.'.%� '•a 1-`�Y a' �a r:���• . �� Sr .,'.1'•'1 ••� L � 'y OK1 Q.�N A� AGREEMENT BY AND BETWEEN THE OCEAN VIEW ELEMENTARY SCHOOL DISTRICT AND THE HUNTINGTON BEACH REDEVELOPMENT AGENCY PERTAINING TO AMENDMENT NO. ONE TO THE AAKVIEW REDEVELOPMENT PLAN This Agreement is made and entered into this Sth day of _A2st 1989 by and between the Ocean view Elementary SrFool District (hereafter referred to as the "District") and the Huntington Beach Redevelopment Agency (hereinafter referred to as the "Agency"). RECITALS %1MREAS, the Agency is a redevelopment agency existing pursuant to the provisions of the Community Redevelopment Law (California Health and Safety Code Section 33000, et seq.) which has been authorized to transact business and exercise the powers of a redevelopment agency pursuant to action of the City Council of the City of Huntington Beach (the "City Council"); and WHEREAS, in November 1982, the City Council adopted Ordinance No2582 approving a Redevelopment plan (the "Plan") for the Oakview Redevelopment Project (the "Project"); and W71EREA.S, the Agency has formulated Amendment No. One to the Oakview Redevelopment Project ("Amendment No. One"). WHEREAS, Amendment No. One, contains provisions to increase the limitation for the distribution and allocation of property tax revenues derived from property located within the Oakview Redevelopment Project Area (the "Project Area") to the Agency pursuant to California Health and Safety Code Section 33670(b) (hereafter referred to as "Added Tax increment"); and WHEREAS, the P=ojeLt. Area is located within the District's boundaries and is served by the District, and WHE1tEAS, meetings have been held by representatives of the District rnd representatives of the Agency to discuss the fiscal impact of Amendment No. One on the District; and WHEREAS, pursuant to California Health and Safety Code Section 33401. the Agency is authorized to compensate affected taxing entities, including the District. for any amounts of money which the Agency determines are appropriate to alleviate any financial burden or detriment caused to the District by the implementation of Amendment No. One; and WHEREAS, Section 33445 of the Health and Safety Code provides authorization for the Agency, with the consent of the City Council, to pay all or part of the value of the land and the cost of the installation and construction of certain buildings, facilities, structures, or other improvements owned or to be owned by the District (hereinafter the "District Facilities"), whether within or without the Project Area but within the territorial jurisdiction of the Agency, upon a determination by the City Council and the Agency that such buildings, facilities, structures, or other improvements are of benefit to the Project Area or the immediate neighborhood in which the Project Area is located and that no other reasonable means of financing such buildings, facilities, structures, or other improvements are available to the community (the "community" being defined in the Community Redevelopment Law as the City of Huntington Beach). WHEREAS, the purpose of this Agreement is to provide for the appropriate payments to be made by the Agency to the District in order to: (1) alleviate all significant financial burden or detriment caused to the District by the -tax allocation provisions of Amendment No. One; and (2) assist the District by paying for all or part of the cost of certain District Facilities which are of benefit to the Project Area or the immediate neighborhood in which the Project Area is located and for which no other reasonable means of financing is available to the community. WHEREAS, for the above reasons, and to amicably resolve any differences regarding Amendment No. one, the parties hereto enter into this Agreement. NOW, THEM'"EFORE, in consideration of the foregoing and the mutual covenants and conditions contained herein, the parties hereto agree as follows: Section 1. Definitions The words and terms in this Agreement, unless a different meaning clearly appears from the context, shall have the meanings set forth as follows: (a) "Added Tax Increment" shall mean property tax revenues in excess of Three Hundred Fifty Thousand Dollars ($350,000) per fiscal year attributable to increases in the assessed valuation of property located within the Project Area above the valuation shown on the 1962-1983 assessment roll, whichh tax revenues are allocated and paid to the Agency pursuant to California Health and Safety Code Section 33670(b) in accordance with Amendment No. One . 6/04/a9 4682.n/2460/034 -2- (b) "Agency" shall mean the Huntington Beach Redevelopment Agency. (c) "City" shall mean the City of Huntington Beach, a municipal corporation. (d) "Community Redevelopment Law" shall mean Part 1 of Division 24 of the Health & Safety Code (commencing with Section 33000). (e) "District" shall mean the Ocean View Elementary School District, and its successors. (f) "District Share" shall mean that portion of the Added Tax Increment allocated to and received by the Agency pursuant to Health and Safety Code Section 33670(b) resulting from the general purpose tax levy of the District. (g) "Existing Increment Flog" shall mean the full amount of Property Tax Increment allocated and paid to the Agency In accordance with the Plan, exclusive of any and all Added Tax Increment so allocated in accordance with Amendment No. One. (h) "Fiscal Year" shall mean the period from July I to and including the following June 30. (i) "Ordinance" shall mean Ordinance No, z4 (the ordinanc6 approving Amendment No. One). (j) "Project Area" shall mean that area so designated in Amendment No. Ore as approved by the Ordinance. M "Property Tax Increment" shall mean the full amount of tax revenues attributable to increases in assessed valuation above the valuation shown on the 1982-1933 assessment roil. which tax revenues are allocated and paid to the Agency pursuant to California Health and Safety Code Section 33670(b) from the Project Area. (1) "Term" shall mean the period of time Amendment No. One remains in effect. Section 2. payment by Agency to District (a) Subject to the provisions of Section 3 of this Agreement, for each Fiscal Year during the Term in which the Agency receives an allocation and payment of Property Tax Increment, the Agency shall deposit into a special fund of the Agency pursuant to subdivision (C) of this Section 2, fifteen. percent (15%) of the District Share. The District and the 6/04/8? 4682n/2460/034 -3- -y. Agency agree that the base assessed valuation used in computing such payments shall be established by the assessment roll for the 1982-83 Fiscal Year. (b) In addition to the foregoing, for each Fiscal Year during the Terra, the Agency agrees to deposit into a special fund of the Agency pursuant to subdivision (c) of this Section 2 an amount equal to all of the Added Tax Increment allocated and paid to the Agency for the applicable fiscal Year pursuant to subdivision (b) of Section 33670 which are attributable to: 1) increases in the rate of tax imposed for the benefit of the District which levy occurs after the tax year in which the Ordinance becomes effective, and 2) Increases ine the assessed valuation of the taxable property located in the Project Area above the valuation shown on the 1982-1983 assessment roll pursuant to subdivision (a) of Section 33676, which are, or otherwise would be, calculated annually pursuant to subdivision (f) of Section 110.1 of the Revenue and Taxation Code. Such ar:ounts shall be limited to Added Tax Increment wrier would have been allocated to the District after adopting a resolution in accordance with Health and Safety Code Section 33676(b) electing to receive payments pursuant to Sections 33676(a)(1) and 33676(a)(2), to the extent the then applicable law requixes such allocation to an affected taxing agency which has made the election under Section 33676(b). The District has not elected to receive payments pursuant to Sections 33676(a)(1) or 33676(a)(2) of the Health and Safety Code and payments made pursuant to this Section 2(b) shall be in lieu of psyatents pursuant to said Sections 33676(a)(1) and 33676(a)(2). In the event any revenues are received by the District pursuant to Sections 33676(a)(1) or 33676(a)(2). the amounts to be deposited by the Agency on behalf of the District pursuant to this Agreement shall be reduced by an amount equal to suss received pursuant to Section 33676(a)(1) and 33676(a)(2). with the reduction to be made at the earliest feasible time as determined by the Agency. (c) Subject to Section 3 below, paymeents to be deposited by the Agency on behalf of the District pursuant to this Agreement shall be placed in a special fund of the Agency to be utilized solely for the purposes permitted under Section 4. The District covenants that it shall expend revenues received by the District pursuant to this Agreement only within the corporate limits of the City and only in strict conformity with this Agreement. (d) The Agency agrees that it will indemnif and hold the District harmless from any and all loss of District taxes caused by implementation of tax increment financing in the Project Area should the State of California fail to provide 6/04/89 4682n/2460/034 -4- r; compensating sums pursuant to Education Code Section 42238 or other similar or successor provisions of law. Section 3. Alternate Payment Procedure As an alternative to the payment procedure set forth in Section 2, the District may elect to have all payments that are to be deposited by the Agency made in one of the following manners. a. to a nonprofit corporation to be formed by the District; or b. directly to the contractors and suppliers of the District who are constructing capital improvements on District Facilities as described in Section 4. Should the District elect to have the payments received as described in this Section 3(b), the Agency shall deposit the funds into a separate interest -bearing account an behalf of the District (with interest accruing to said account), and the Agency shall be entitled to withdraw from said fund all costs (including personnel and administrative costs) in administering said fund. The Agency undertakes no responsibility or duty with respect to the selection of interest -bearing accounts or from the maximizing of interest. The Agency agrees to cooperate with the District in selecting the interest -bearing account. Payments pursuant to Sections 2 and 3 are subject to the conditions and limitations set forth in parts (a) through (h) of Section 6 of this Agreement. Section d. District Expenditure of Revenues All funds paid by the Agency pursuant to Section 2 or 3 of this Agreement shall be expended on capital improvement projects selected by the District but which shall be situated within the City. Reasonable priority will be given to facilities of direct benefit to the zommunity, such as library and recreational facilities. Upon written request by the Agency as may be made so often as the Agency shall deem apppropriate, the District shall promptly provide without charge a written statement accounting for the expenditure of funds, together with any reports to state agencies pertaining to such expenditures or the subject improvements. Section S . Agemy l onds It is agreed and acknowledged by the District that the Agency may issue bonds and assume obligations to the fullest extent permitted by law, and that the Agency may pledge all or 6/04/89 4682n/2460/034 -S- t 6 any portion of the Added Tax Increment to the repayment of any such obligations; provided that the inclusion of such a pledge of Added Tax Increment attributable to the general purpose tax levy of the District shall be allowable as a first and senior pledge only (i) with the consent of the District or (ii) upon the payment by the Agency to the District (or the commitment by a trustee in connection with the issuance of bonds to cause to be annually paid) from the proceeds of such issue or other revenues available to the Agency such revenues as would be payable to the District in any year in which pledged revenues would be payable to the District pursuant to this Agreement. The District agrees that it shall promptly approve and execute such documents as are necessary or convenient to implement this Section 5 and facilitate the issuance of bonds (or other indebtedness) by the Agency, so long as such documents are consistent with this Section 5. Section 6. Conditions Payment to be deposited by the Agency on behalf of the District are subject to the following conditions and limitations: (a) Agency's obligation under this Agreement to deposit payments on behalf of the District is deemed to constitute "an indebtedness" within the meaning of Health and Safety Code Sections 33670 and 33675. (b) Agency shall deposit on behalf of the District amounts due pursuant to this Agreement during each Fiscal Year within a reasonable period after the Agency receives the Added Tax Increment allotment from the County Auditor -Controller provided that payments in relation to allotnents received between July 1 and December 31, of any Fiscal Year shall be made no later than the following February 28; and that payments in relation to allotments received between January 1 and June 30, of any Fiscal Year shall be made no later than the following August 30. (c) The Agency's obligation to make payments hereunder shall be limited to Added Tax Increment from the Project Area received by the Agency. In no way shall the Agency be liahle for such obligations from revenues of other redevelopment project areas in the City or from Existing Increment Flow or from any other revenues. The City shall have no financial obligation or any other obligations by virtue of this Agreement, and shall not be responsible for the discharge of obligations of the Agency herein. (d) No payment shall be made by the Agency in any Fiscal Year pursuant to this Agreement if such payment would impair 6/04/89 4682n/2460/034 -6- w- any contract, obligation to service bonded indebtedness or the refinancing of such existing indebtedness or any other existing obligation entered into by the Agency prior to the execution of this Agreement. (e) The Agency's obligation to make payments hereunder shall be junior and subordinate to the Agency's obligation under Health and Safety Code Section 33334.2. (f) Notwithstanding any other provisions of this Agreement to the contrary, the Agency's obligation to make payments to the District under this Agreement in any single year shall not: (i) exceed the amount of Added Tax Increment which would have been received by the District if all the Added Tax Increment from the Project Area had been allocated to all the affected taxing agencies without regard to the division of taxes required by Health and Safety Code Section 33670; (11) violate the expenditure limitation under Article XIIIB of the California Constitutlon of such entity; or (iii) be contrary to any provision of the laws of the State of California. (g) No payments shall be made by the Agency from the Added Tax Increment to the District except as expressly set forth in Sections 2 and 3 0£ this Agreement. The District certifies that it has not at any time requested and does not now request the receirt of revenues pursuant to Health and Safety Code Section 33676(a)(2) in connection with the Project, including, without limitation, Amendment No. one thereto. (h) The District shall indermify, defend and hold harmless the Agency from any claims, liabilities and causes of action asserted by any third party against the Agency by reason of the Agency's payment of funds in the manner described in Sections 2 and 3 of this Agreement. Section T. Covenant Not To Sue The District agrees and covenants that it shall not file or participate in opposition to the Agency in any lawsuit attacking or otherwise questioning the validity of Amendment No. One, the adoption or approval of such Amendment No. One, any statement. of indebtedness consistent with this Agreement, or any of the findings or determinations made by Agency or City Council of the City in connection, with such Amendment No. One. The District declares that it has conducted all such investigation and study of matters pertaining to the subject Natter of this Agreement as it has deemed appropriate, and that it has been advised at all timer by counsel of its choosing. The District finds and determines that this Agreement fully 6/04/89 4682n/2460/034 -7- alleviates any financial burden and detriment to the District resulting from Amendment No. One and, except as provided hereinbelow, forever waives its right to submit a report to the Agency, or to cause the Agency to hold a public hearing, or to request or take other action to induce the Agency to consider wnendments to the Project or Amend:-nent No. One pursuant to Health and Safety Code Section 33445.5. The District agrees and acknowledges that the provision of the continuing effectiveness of such waiver is a material inducement to the Agency to approve this Agreement, and that but for such waiver the Agency would not approve and execute this Agreement. Notwithstanding the foregoing, the Agency agrees to reopen negotiations with the District concerning the financial burden or detriment to the District caused by the implementation of Amendment No. One if the Agency constructs or contributes to the cost of construction of more than one hundred (100) new dwelling units in the Project Area during the,Term. In the event and to the extent tax increments are not paid to or are withheld from the Agency by reason of the pendency of any such cause of action,- case, claim, count, action, or complaint filed by any public or private person or entity, the District agrees not to claim interest on any such withheld funds. The Agency's responsibility for making any reimbursement otherwise required by this Agreement shall accrue and be paid to the District when and if available at the conclusion of litigation. The time for the Agency performance hereunder shall be excused for the duration of such litigation. Section S. Entire Agreement This Agreement constitutes the entire agreement between the Agency and District with respect to the matters set forth herein, and any changes, modifications or amendments thereto shall be legally binding and effective only upon duly executed written amendment hereto. Sections 9. Effective Date This Agreement shall become effective the date last executed below and shall continue in effect until Agency is deactivated pursuant to Section 33141 of the California Health and Safety Code or its successors; provided that this Agreement shall terminate automatically and be of no further force or effect in the event that Amendment No. one is not adopted on or before December 31, 1989, or in the event the adoption of Amendment No. One should be set aside or annulled as the result of litigation. 6/04/89 4682n/2460/034 -8- 0"! x ,1.1. ICNTJTES August YT AGREEWNT 1BEMF*g Tn COUM OF ORA=t TIM tOL DISTRICT AND VM XMINGTON BUCK RLDEVELOP- .ni3trativa office Nquests approval 01 an for the pass -through of certain tax increments impacted by Amndment No. One to the ;erViM V83qU*2, seconded by 9upervigor Vlader, Altion of the Tax Increment ReLmbur3ef*n't lkgT"- ;f Orangt, the Orange County Flood Control Beach Redevelopment Agency. WTION UNANDWSLY �7 gild r. D 7z l G Nfi �— AGREEMENT BY Ah'D BETWEEN THE ORANCE COUNTY DEPARTY-ENT OF EDUCATION AND THE HUNTINGTON BEACH REDEVELOPMENT AGENCY PERTAINING TO AMENDMENT NO. ONE TO THE OAKYIEW REDEVELOPMENT PLAN This Agreement is made and entered into this 78th day of July , 1989 by and among the Orange Coanty Department of Education (hereafter referred to a, the "Department") and the Huntington Beach Redavu;opmert Agency (hereinafter referred to as. the *Agency"). RECITALS WHEREAS, the Agency is a redevelopment agency existing pursuant to the provisions of the Community Redevelopment Law (California Haal�h.and Safety Code Section 33000, &t =.) which has been authorized to transact business and exercise the powers of a redevelopment agency pursuant to action of the City Council of the City of Huntington Beach (the -City Council"); and WHEREAS, in November 1982, the City Council adopted Ordinance No. 2582 approving a -Redevelopment PIan (the "Plan') fo: the Oakview Redevelopment Project (the "Project"); and WHEREAS, the Agency has formulated Amendment No. One to the Oakview Redevelopment Project ("Amendment No. One"). WHEREAS, Amendment No. One, contains provisions to increase the limitation for the distribution and allocation of property tax revenues derived from property located within. the Oakview Redevelopment project Area (the "Project Area') to the Agency pursuant to California Health and Safety Code Section 33670(b) (hereafter referred to as "Added Tax Increment"); and jWHEREAS, meetings have been held by representatives of the. Department and representatives of the Agency to discuss the fiscal impact of the Project on the Department; and WHEREAS, pursuant to California Health and Safety Code Section 33401,'the Agency may.pay to the Department as a taxing agency with territory located in the project Area, an amunt of money which, in the Agency's determination. is appropriate to alleviate any financial burden or detriment caused to the Department by the implementation of Amendment No. One; and r WHEREAS, the Parties agree that the allocation of all the tax increment revenue to the Agency as a result of the implementation. of Amendment No. One as proposed would cause a financial burden and detriment to the Department in the amounts set forth herein to be paid to the Department; and WHEREAS, the parties agree that the payments provided for under this Agreement are necessary to and are sufficient to alleviate the above financial burdens and detriments; and WHEREAS, for the above reasons, and to amicably resolve any differences regarding Amendment Not One, the parties hereto enter into this Agreement, NOW, THEREFORE, in consideration of the foregoing and the srutual covenants and conditions contained herein, the parties hereto agree as follows; Sactlon I The words and terms in this Agreement, unless a different meaning clearly appears from the context, shall have the meanings set forth as follows; (a) •Added Tax Increment• shall mean property tax revenues in excess of Three Hundred Fifty Thousand Dollars (;350,000) per Fiscal Year attributable to increases in the assessed valuation of property located within the Project Area above the valuation shown on the 1982-1983 assessment roll, which tax revenues are allocated and paid to the Agency pursuant to California Health and Safety Code Section 33670(b) in accordance with Amendment No. One (b) "Agency' shall mean the Huntington Beach Redevelopment Agency. (c) "City' shall mean the Fity of Huntington Beach, a municipal corporation. V (d) "Community Redevelopment Law" shall mean Part 1 of Division 24 of the Health R Safety Code (commencing with Section 33000). (e) "Department" shall mean the Orange County Department of Education, and -its successors. (f) "Existinq Increment Flow" shall mean the full amount of Property Tax Increment allocated and paid to the Agency in accordance With the Plan, exclusive of any and all Added Tax increment so allocated in accordance with Amendment No. One. 5/31/59 47B1n/2460/034 -2- (g) "Fiscal Year' shall mean the period from July 1 to and including the following June 306 (h) "Ordinance" shall mean Ordinance No. 3002.- (the ordinance approving Amendment No. One). (I) 'Project Area' shall mean that area so designated in Amendment No, One as approved by the Ordinance. (j) 'Property Tax Increment` shall mean the full amount of tax revenues attributable to increases in assessed valuation above the valuation s:3own on the 1982-1983 assessment roll, which tax revenues are allocated and paid to the Agency Pursuant to California Health and Safety Code Section 33670(b) from the Project Area. M "Term" shall mean the period of time Amendment Ho, One remains in effect. (a) The Agency agrees to pay to the Department each Fiscal Year during the term an amount equal to all of the Added Tax Increment allocated and paid to the Agency for the applicable Fiscal Year pursuant to subdivision (b) of Section 33670 which are attributable to increases in the rate of tax imposed for the benefit of the Department, which levy occurs after the tax year in which the Ordinance becomes effective, Such amounts shall be limited to Added Tax Increment which would have been allocated to the Department after an election pursuant to Health and Safety Code Section 33676(a)(1), to the extent the then applicable law requires such allocation to an affected taring agency which has made the election under Section 33676(b). The Department has not elected to receive payments pursuant to Section 33676(a)(1) of the Health and Safety Code and payments made pursuant to this Section 2 (a) shall be in lieu of payments pursuant to said Section 33676(a)(1). In the event any revenues are received by the Department pursuant to Section 33676(a)(1) of the Health and Safety Code, the amounts payable to the Department by the Agency pursuant to this Agreem_nt shall be reduced by an amount equal to sums received pursuant to Section 33676(a)(1), with the reduction to be made at the earliiest feasible time as determined by the Agency. (b) In addition to the foregoing, for each Fiscal Year during the Term in which the Agency receives an allocation and payment of Property Tax Increment pursuant to Health and Safety Code Section 33670(b), the Agency further agrees to pay to the Department each Fiscal Yeal an amount equal to all of the Added Tax Increment allocated to and paid to the Agency for the applicable Fiscal Year pursuant to subdivision (b) of Section 33670 which are attributable to increases in the assessed S/31/89 4781n/2460/034 -3- . :. valuation of the taxable property located in the Project Area above the valuation shown on the 1982-1903 assessment roll pursuant to subdivision (a) of Section 33670, which are, or otherwise would be, calculated annually pursuant to subdivision (f) of Section 110.1 of the Revenue and Taxation Code (which increases shall not exceed an annual rate of two (2%) percent of the full cash value of taxable property as defined in California Constitution Article YXIIA, Section 2). Such amounts shall be limited to Added -Tax Increment Which would have been allocated to the Department after an election pursuant to Health and Safety Code Section 33676(a)(2), to the extent the then applicable law requires such allocation to an affected taxing agency which has made the election under Section 33676(b). The Department has not elected to receive payments pursuant to Section 33676(a)(2) of the Health and Safety Code and payments made pursuant to this Section 2(b) shall be in lieu of payments pursuant to said Section 33676(a)(2). (c) The Department and the Agency agree that the base assessed valuation used in computing the payments made by the Agency to the Department pursuant to this Section 2 shall be established by the assessment roll for the 1982-83 Fiscal Year. (d) Payments pursuant to this Section 2 are subject to the conditions and limitations set forth in parts (a) through (h) of Section 4 of this Agreement. It is agreed and acknowledged by the Department At the Agency may issue bonds and assume obligations to the fullest extent permitted by law, and that the Agency may pledge all or any portion of the Added Tax Increment to the repayment of any such obligations; provided that the inclusion within such a pledge of Added Tax Increment attributable to the general purpose tax levy of the Department shall be allowable as a first and senior pledge only (1) with the consent of the Department or (ii) upon the payment by the Agency to the Department (or the commitment by a trustee in connection with the issuance of'bonds to cause to be annually paid) from the proceeds of such issue or other revenues available to the Agency such revenues as would be payable to the Department in any year in which pledged revenues would be payable to the Department pursuant to this Agreement, The Department agrees that it shall promptly approve and execute such documents as are necessary or convenient to implement this Section 3 and facilitate the issuance of bonds (or other indebtedness) by the Agency, so long as such documents are consistent with this Section' 3. 5/31/89 470 W2460/034 -4- Payment to the Department is subject to the following conditions and limitations: (a) Agency's obligation under this Agreement is deemed to constitute "an indebtedness' within the meaning of Health and Safety Code Sections 33670 and 33675. (b) Agency shall pay to the Department, the District, and HBP amounts due pursuant to this Agreement during each Fiscal Year within a reasonable period after Agency -receives the Added Tax Increment allotment from the County Auditor -Controller provided that payments in relation to allotments received between July 1 and December 31, of any Fiscal Year shall be made no later than the following February 28; and that payments in relation to allotments received between January l and June 30, of any Fiscal Year shall hn made no later than the following August 30. (c) The Agency's obligation to hake payments hereunder shall be limited to Added Tax Increment from the Project Area received by the Agency. In no way shall the Agency be liable for such obligations from revenues of other redevelopment project areas in the City or from Existing Increment Flow or from any other revenues. The City shall have no financial obligation or any other obligations by virtue of this Agreement, and shall not be responsible for the discharge of obligations of the Agency herein. (d) No payment shall be made by the Agency in any Fiscal Year pursuant to this Agreement if such payment would impair any contract, obligation to service bonded indebtedness or the refinancing of such existing indebtedness or any other existing obligation entered into by the Agency prior to the execution of this Agreement. (e) The Agency's obligation to make payments hereunder shall be junior and subordinate to the Agency's obligation under Health and'Safety Code Section 32334.2. (f) Notwithstanding any other provisions of this Agreement to the contrary, the Agency's obligation to make payments to the Department under this Agreement in any single year shall not; (i) exceed the amount of Added Tax Increment which would have Seen received by the Department if all the Added Tax Increment from the Project Area had been allocated to all the affected taxing agen-cies without regard to the division of taxes required by Health and Safety Code Section 33670; (11) violate the expenditure limitation under Article XIIia of the California Constitution of such entity; or (iii) be contrary to any provision of the laws of the State of California. 5/31/89 47ain/2460/034 -5- (g) No payments shall be made by the Agency from the Added Tax Increment to the Department except as expressly set forth in Section 2 of this Agreement. (h) The Department shall indemnify, defend and hold harmless the Agency from any claims, liabilities and causes of action asserted by any third party against the Agency by reason of the Agency's payment of funds in the manner described in Section 2 of this Agreement. The Department agrees and covenants that it shall not file or participate in opposition to the Agency in any lawsuit attacking or otherwise questioning the validity of Amendment No. One, the adoption or approval of such Amendment No. One, any statement of indebtedness consistent with this Agreement, or any of the findings or determinations made by Agency or City Council of the City in connection with such Amendment No, One. This Agreement constitutes the entire agreement between the Agency and the Department with respect to the matters set forth herein, and any changes, modifications or amendments thereto shall be legally binding and effective only upon duly executed written amendment hereto. This Agreement shall become effective the date last executed below and shall continue in effect until Agency is deactivated pursuant to Section 33141 of the California Health and Safety Code or its successors; provided that this Agreement shall terminate automatically and be of no further force or effect in the event that Amendment No. One is not adopted on or before December 31, 1989, or in the event the adoption of Amendment No. One should be set aside or annulled as the result of litigation. IN WITNESS WHEREOF, the parties hereto have executed this Agreement on the day and year first above Written. Dated: 5/31/89 4981n/2450/034 1RANCE COUNTY, IF EDUCATION r yea �'�ti,! } ,� ).3 ►.. ,�••.1) r i• r " i-�. �, �� f...r � �s �: •.V 1• �';+,ti, J. �.' I.S r �� �y•w�,•�1-•,��', i. ,•`.- 1 e,; .'.. a-y � •i.. ,r �r- I ,'r J,, ` !;, ii {' r'�.}�.':.r4� �1•'i �j }}l• - � � h`•'f-i •y,r '�i ''�.:•�•',••�� Rr•• 5 _t�. � 1� !``! f•"J, .r �.�', ��r-'r •J: •k ri •i }•�l, •i�. ,}.��: f�'i�.1 •i, J_, J•�. r' r" '� •!--fz, .. .%` i•ltf� '.�� r, I i{ � •{�)rwr+1'n s `+r`.y ti•+s rs, .a�,�:.+:3.illr�. .1:�'e .� iE' -j. 'i•, si vr�! �. .`r• .trt'i' .ram I. •/�'. '�1; `:1 NO form: r •. R. ` l,- `,':; F:• •may � I •, f yam' .•• HIMINGTO BEACH RED MaNT AGENCY airman +r'�. �r �+� • ' l• t••' fir. ExecutIve Director Y+ • 1, �'��,' �~ •�•� 4j f r`•y�'�n,.:{� �,• '.`�.� `�. ;i•� rq. :i•�'r• ,i' •1''Ij:t 4 '.ate_ - r.r�;��r'�y��Y. ••.. n -,�Ir•,+ - �/.' • J`Yi �;�� •r.•�`i w �•Y. I � •� .S.! _ 1r. �`, ,'� t�i^ .�'• �•'• S .�a •s -� • y �-a '! •1 f�?•ifs t•'`�• �� � ,. •l� a. r'L _ Old r A r PIA L-- COOPERATION AGREEMENT BETWEEN THE ORANGE COUNTY VECTOR CONTROL DISTRICT AND THE h'UNTINGTON BEACH REDEVELOPMENT AGENCY THIS AGREEMENT is entered into on the Z944 day of "S u- 1989, by and between the ORANGE COUNTY VECTOR CONTROL DISTRICT, a public agency, hereinafter referred to as "DISTRICT" and the HUNTINGTON BEACH REDEVELOPMENT AGENCY, a public body, hereinafter referred to as "AGENCY'. vt - I - T-N E;%; - E.T H: WHEREAS, the Agency is a redevelopment agency existing pursuant to the provisions of the Community Redevelopment Law (California Health and Safety Code Section 33000, pft M.) which has been authorized to transact business and exercise the powers of a redevelopment agency pursuant to action of the City Council of the City of Huntington Beach (the "City Council"); and WHEREAS, in November 1982, the City Council adopted Ordinance No. 2582 pursuant to the California Community Redevelopment Law approving the Redevelopment Plan for the Oakview Redevelopment Project (hereinafter referred to as 'the Project"); and WHEREAS, the AGENCY has formulated an amended Redevelopment Plan for Amendment No. One to the Oakview Redevelopment Project (hereinafter referred to as "Lhe Amendment"). WHEREAS, the Amendment contains provisions to increase the limitation for the distribution and allocation of property tax revenues derived from property located within the Oakview Redevelopment Project Area (the 'Project Area) to the Agency pursuant to California Health and Safety Code Section 33670(b); and WHEREAS, the DISTRICT, as defined in Section 33353.2 of the ` Health and Safety Code, is an affected taxing entity which has general purpose and special bonded indebtedness Ad valorem property taxes levied on its behalf by COUNTY on certain areas that comprise the Project Area in riscal Year 1988-89t and WHEREAS, Section 33401 of the Health and Safety Code authorizes AGENCY to pay an affected taxing entity with territory within a project area that amount of money Which AGENCY determines is appropriate to alleviate the financial burden or detriment caused said entity by the Amendment; and WHEREAS, the DISTRICT, through its participation in the fiscal review process has submitted its objections to the Amendment and has substantiated with data and information the financial burden or detriment it will sustain as a result of the Amendment; and WHEREAS, the AGENCY has found and determined that it would be appropriate to alleviate that financial burden or detriment caused to DISTRICT by the Amendment by paying to DISTRICT or DISTRICT'S successors certain monies consistent with Section 1.2 of this Agreement all in accordance with Section 33401 of the Health and Safety Code; and WHEREAS, DISTRICT and AGENCY desire to resolve and settle, once and for all times, all present, past and future Controversies, claims, causes of action, or purported causes of action, differences or disputes, both real and potential, ensuing against The City of Huntington Beach and AGENCY in relationship to the Project and the Amendment; and NOW, THEREFORE, in consideration of the foregoing and the mutual promises and covenants contained herein, the parties agree as follows: Section 1. . 1.1 U)f.init-ions. For purpose;: of this Agreement, the following terms will have the stated definitions: a. "TAX INCREMENT" shall mean that portion of 14 Yalor_r property taxes resulting from the increase in assessed valuation in the Project Area over the 1982-1983 base year assessed valuation in the Project Area which tax revenues are allocated and paid to the Agency pursuant to California Health and Safety Code Section 33670(b) in accordance with the Amendment. "Tax Increment" shall refer to those tares collected as a result of the It levy allowed tinder Article XIIIA of the Constitution of the State of California. b. "DISTRICT'S SHARE• shall mean that portion of "TAX INCREMENT" allocated to and received by AGENCY pursuant to Health and Safety Code Section 33670(b) resulting from the general purpose tax levy of DISTRICT that, had the Project not been adopted, would be allocated and paid to DISTRICT for the benefit of DISTRICT'S General Fund, as computed by the County Auditor Controller in accordance with the applicable provisions of the Revenue and Taxation Code of the State of California. C. "AGENCY'S BASE" shall mean, that portion of the "Tax Increment" allocated to the Agency up to and including $350,000 per annum. 6/02/89 4810n/2460/034 -2- ,������<i�l .•tit. ..•r.-.••- 0 d. "ADDED TAX INCREIKENT" shall mean TAX INCREMENT in excess of the AGENCY's base. e. "Fiscal Year" shall mean the period from July 1 to and including the following June 30. f. "Ordinance' shall mean Ordinance No. 300:L, (the ordinance approving the Amendment). g. "Project Area" shall mean that area so designated in the Amendment as approved by the Ordinance. h. "Term" shall mean ttte period of time the Amendment remains in effect. 1.2 Allocation of Tax,Increnent. AGENCY shall pay to DISTRICT or its successors for each Fiscal Year an amount equal to ONE HUNDRED percent (100%) of DISTRICT'S SHARE of the ADDED TAX INCREMENT. Payment to DISTRICT of said amounts shall commence within a reasonable period after the first allocation and payment by the County Auditor -Controller to AGENCY of ADDED TAX INCREMENT pursuant to the Amendment provided that payments in relation to allotments received between July 1 and December 31, of any Fiscal Year shall be made no later than the following February 28; and that payments in relation to allotments received between January 1 and June 30, of any Fiscal Year shall be made no later than the following August 30. 1.3 @Qos end ecords. AGENCY shall, within thirty (30) days after receipt of written request from DISTRICT, make available to DISTRICT for review or audit its records or statements regarding the allocation and payment of ADDED TAX INCREMENT to AGENCY in accordance with the Amendment pursuant to California Health and Safety Code Section 33670(b). 1.4 Eection,33676ftsolutions. DISTRICT certifies that it shall not request receipt of revenues pursuant to Sections 33676(a)(1) and 33676(a)(2) of the Health and Safety Code and within 60 days of executing this Agreement, DISTRICT will repeal the resolution, if any, that it has adopted pursuant to Section 33676(h) regarding the Project and the Amendment. 1.5 Conditions. Payments pursuant to Section 1.2 are subject to the conditions and limitations set forth herein below: (a) AGENCY'S obligation ender this Agreement to make payments to the DISTRICT is deemed to constitute "an indebtedness" within the meaning of Health and Safety Code Sections 33670 and 33675. 6/02/89 4810n/2460/034 --'' aY .4 Yt.i :.ryn:'. -3- (b) AGENCY's obligation to make payments hereunder shall be limited to ADDED TAX INCREMENT from the Project Atea received by AGENCY. In no way shall AGENCY be liable for such obligations from revenues of other redevelopment project areas in the City of Huntington Beach (the "City") or from TAX INCREMENT up to and including AGENCY's BASE or from any other revenues. The City shall have no financial obligation or any other obligations by virtue of this Agreement, and shall not be responsible for the discharge of obligations of the AGENCY herein. (c) No payment shall be made by AGENCY in any Fiscal Year pursuant to this Agreement if such payment would impair any contract, obligation to service bonded inlebtedness or any other existing obligation entered into by AGENCY prior to the execution of this Agreement. (d) AGENCY's obligation to make payments hereunder shall be junior and subordinate to AGENCY's obligation under Health and Safety Code Section 33334.2. (e) Notwithstanding any other provisions of this Agreement to the contrary, AGENCY's obligation to make payments to the District under this Agreement in any single year shall not: (i) exceed the amount of ADDED TAX INCREMENT which would have been received by DISTRICT if all the ADDED TAX INCREMENT from the Project Area had been allocated to all the affected taxing agencies without regard to the division of taxes required by Health and Safety Code Section 33670; (ii) violate the expenditure limitation under Article XIIIB of the California Constitution of such entity; or (III) be contrary to any provision of the laws of the State of California. (f) No payments shall be made by AGENCY from the ADDED TAX INCREMENT to DISTRICT except as expressly set forth In Section 1.2 of this Agreement. (g) DISTRICT shall indemnify, defend and hold harmless AGENCY from any claims, liabilities and causes of action asserted by any third party against the AGENCY by reason of AGENCY's payment of funds in the manner described in Section 1.2 of this Agreement. Section 2. AdminiStration. 2.1 Effective Date and Tenn. This Agreement shall become effective upon the date of execution of this Agreement and shall remain in effect until all Agency debts are paid pursuant to this Agreement, or until the limit for Incurring 6/02/89 4810n/2460/034 -4- indebtedness as stated in Section 602 of the Redevelopment Plan for the Amendment expires, whichever event occurs last. Notwithstanding the foregoing, this Agreement shall terminate automatically and be of no further force or effect in the event that the Amendment Is not adopted on or before December 31, 1989, or in the event the adoption of Amendment should be Bet aside or annulled as the result of litigation. 2.2 Nodification-and _I,grmin-ation. If after this Agreement is executed, the State of California enacts laws or policies in corf2ict with all or any portion of this Agreement, AGENCY and DISTRICT may mutually agree to excuse performance of all or any portion of this Agreement by AGENCY or DISTRICT. In the event any section or portion of this Agreement shall be held, found or determined to be unenforceable or invalid for any reason whatsoever, the remaining provisions shall remain in effect, and the parties thereto shall take further actions as may be reasonably necessary and available to them to effectuate the intent of the parties as to all provisions set forth in this Agreement. 2.3 110 i . DISTRICT has received all notices, written or published, that is required by the California Community Redevelopment Law (Health and Safety Code sections 33000 et sec.) to receive during the process leading to the adoption of the Amendment and hereby waives any and all legal rights it ma,,- have to contest said Amendment due to a failure to receive any statutorily required notice. 2.4 Covenant Not-tg Sue. DISTRICT covenants and agrees and irrevocably binds itself forever at no time or place to commence or participate in or prosecute any actions on account of any claim, whether past, present or future, arising out of the City's and AGENCY's adoption of the Amendment or the City's or AGENC•t's lawful activities pursuant to said Amendment. 2.5 Entire Agreement. This Agreement constitutes the entire, complete and final expression of the agreement between the parties and any changes, modifications or amendments thereto shall be legally binding and effective only upon duly executed written amendment hereto. IN WITNESS WHEREOF, the parties hereto have executed this Agreement on the 3 day and year first above written. Dated: OtZ7t- ORANGE C UNTY VECTOR CONTROL DISTRICT By: i/02/89 48lon/2460/034 -5- m. 40 p JREV1 rector ' Orange CoAty Vector Corol District D13TRICT OFFICE a 13001 GARDEN GR04E SLVD. GARDEN GROVE. CA "U3 MAILING ADDRESS a P.O. BOIL q. SANTA ANA. CALIFORNIA 92M PHONE (714) 971-2421- FAX (714) 071-2940 BOARD or TRusTEES -ion PRESIDENT - PaA Bamol rlcE-I'll E S (DENT - Ursula L KarwodT 8tCRETART - JOna K&rW June 27,.1989 ■NAHEIM 4Jd[ EK P[RRr •RCA Mr. Steve Kohler pEAN P. Mw.l[N SUENAPARK City of Huntington Beach aESJONEs Redevelopment A Y ceITATA MESAAgency WILLIAM SAWDAIIUR 2000 Main street CTPREsf Huntington Beach, California 92647 JOIN RAHEL FOUNTAIN %&LLEY SARaARAA SRO"N Dear Mr. Kohler: nruCRTor+ PRAMCESR WD00 nARKMANVAOEM vE TtMAN Enclosed are two signed copies g P of the A reenent between this g J. w9lLIAMs HU"NOTONBEACH District and the Huntington Beach Redevelopment Agency. As MVINT RE[M scon as they are signed and adopted by the Redevelopment Agency, MARY AN94 GAOO please return a signed copy for our records. LAOUNA S EACH ORAHTMCCOMSS LHASRA i[TrORAMAM Thank you. LA PALMA LAMAYA."ERMA" ruly your, , LOS ALAMITOS Pahl SE rwl. MISSION VIEJO ;ISIbert EDW1rID G LR+COLM NEwPORT 9MM ray KUMW" L. Challet ORANGE IIRERA District Fanager PLACENTIA T 000R[ C. "SELL GLC/ k SAKI CLEMENTt KIW4TI{ CARr. Enc. SAN JUAN CAPISTRANO CC: Barbara Ieid JMK%D a ME SANTA ANA WILWM L. 8CVNTON SEAL *EACH JOrC[ A RIlWER STANTON "000" L- ALLEN TUSTIN %WdkJLA [ NrNN pY VILLA PARK WISTMINSTER FRAW Mr. JR YOM" LINDA O+rID w CgMw[iL COVNTT Of ORANGE LEO *. ROM DISTRICT ItANAGER 44LUM L. CKALLET A w elor IS"InMtt or olnar ahmopoa. iWom or otnar andmal of p0lK naa1M MOMTIeana c*aElo all taualnp human dlstomlorl. k4ury. or taost>la of narportng or IraranwltImq the Causatlra apaen Of human elseasa. lsaI.4: pRIG;V4Ar AGREEMENT BY AND BETWEEN THE HLNTINGTON BEACH HIGH SCHOOL DISTRICT AND THE HUNTINGTON BEACH REDEVELOPMENT AGENCY PERTAINING TO AMENDMENT NO. ONE TO THE OAKV1EW REDEVELOPMENT PLAN This Agreement is made and entered into this /f 14day of , 1989 by and between the Huntington Beach High School D strict (hereafter referred to as the "District") and the Huntington Beach Redevelopment Agency (hereinafter referred to as the "Agency"). RECITALS WHEREAS, the Agency is a redevelopment agency existing pursuant to the provisions of the Community Redevelopment Law (California Health and Safety Code Section 33000, et sue.) which has been authorized to transact business and exercise the powers of a redevelopment agency pursuant to action of the City Council of the City of Huntington Beach (the "City Council"); and WHEREAS, in November 1982, the City Council adopted Ordinance No. 2582 approving a Redevelopment Plan (the "Plan") for the Oakview Redevelopment Project (the "Project"); and WHEREAS, the Agency has formulated Amendment No. One to the Oakview Redevelopment Project ("Amendment No. One"). hHEREAS, Amendment No. One, contains provisions to increase the limitation for the distribution and allocation of property tax revenues derived from property located within the Oakview Redevelopment Project Area (the "Project Area") to the Agency pursuant to California Health and Safety Code Section 33670(b) (hereafter referred to as "Added Tax Increment"); and WiflnMS, the Project Area is located Within the District's boundaries and is served by the District, and WHEREAS, meetings have been held by representatives of the District and representatives of the Agency to discuss the fiscal impact of the Amendment No. One on the District; and WHEREAS, pursuant to California Health and Safety Code Section 33401, the Agency is authorized to compensate affected taxing entities, including the District, for any amounts of money which the Agency detormines are appropriate to alleviate any financial burden or detriment Caused to the District by the implementation of Amendment No. One; and rr w WHEREAS, Section 33445 of the Health and Safety Code provides authorization for the Agency, with the consent of the City Council, to pay all or part of the value of the land and the cost of the installation and construction of certain buildings, facilities, structures, or other improvements owned or to be owned by the District (hereinafter the "District Facilities"), whether within or without the Project Area but within the territorial jurisdiction of the Agency, upon a determination by the City Council and the Agency that such buildings, facilities, structures, or other improvements are of benefit to the Project Area or the immediate neighborhood in which the Project Area is located and that no other reasonable means of financing such buildings, facilities, structures, or other improvements are available to the community (the "comunity" being defined in the Community Redevelopment Law as the City of Huntington Beach). WHEREAS, the purpose of this Agreement is to provide for the a propriate payments to be made by the Agency to the District in order to: (t) alleviate all significant financial burden or detriment caused to the District by the tax allocation provisions of Amendment No. One; and (2) assist the District by paying for all or part of the cost of certain District Facilities which are of benefit to the Project Area or the immediate neighborhood in which the Project Area is located and for which no other reasonable means of financing is available to the community. WHEREAS, for the above reasons, and to amicably resolve any differences regarding Amendment No. One, the parties hereto enter into this Agreement. NOW, THEREFORE, in consideration of the foregoing and the mutual covenants and conditions contained herein, the parties hereto igree as follows: Section 1. Definitions The words and terms in this Agreement, unless a different meaning clearly appears from the context, shall have the meanings set forth as follows: (a) "Added Tax Increment" shall mean property tax revenues in excess of Three Hundred Fifty Thousand Dollars U350,000) per fiscal year attributable to increases in the assessed valuation of property located within the Project Area above the valuation shown on the 1982-1983 assessment roll, which tax revenues are allocated and paid to the Agency pursuant to California Health and Safety Code Section 33670(b) in accordance with Amendment No. One . 06/04/89 4743n/2460/034 -2- (b) "Agency" shall mean the Huntington Beach Redevelopment Agency. (c) "City" shall mean the City of Huntington Beach, a municipal corporation. (d) "Community Redevelopment Law" shall mean Part 1 of Division 24 of the Health & Safety Code (commencing with Section 33000), (e) "District" shall mean the Huntington Beach High School District, and its successors. (f) "District Share" shall mean that portion of the Added Tax Increment allocated to and received by the Agency pursuant to Health and Safety Code Section 33670(b) resulting from the goneral purpose tax levy of the District. (g) "Existing Increment Flow" shall mean the full amount of Property Tax Increment allocated and paid to the Agency in accordance with the`Plan, exclusive of any and all Added Tax Increment so allocated in accordance with Amendment No. One. (h) "Fiscal Year" shall mean the period from July 1 to and including the following June 30. (i) "Ordinance" shall mean Ordinance No. ,1222 (the ordinance approving Amendment No. One). (j) "Project Area" shall mean that area so designated in Amendment No. One as approved by the Ordinance. (k) "Property Tax Increment" shall mean the full amount of tax revenues attributable to increases in assessed valuation above the valuation shown on the 2982-1983 assessment roll, which tax revenues are allocated and paid to the Agency pursuant to California Health and Safety Code Section 33670(b) from the Project Area. (1) "Term" shall mean the period of time Amendment No. One remains in effect. Section 2. Pa ent by Aqengy to District (a) Subject to the provisions of Section 3 of this Agreement, for each Fiscal Year during the Term in which the Agency receives an allocation and payment of Property Tax Increment, the Agency shall deposit into a special fund of the Agency pursuant to subdivision (c) of this Section 2, fifteen percent (15%) of the District Share. The District and the Agency agree that the base assessed valuation used in computing such payments shall be established by the assessment roll for the 1982-83 Fiscal Year. 06/04/89 4743n/2460/034 -3- (b) in addition to the foregoing, for each Fiscal Year during the Term, the Agency agrees to deposit into a special fund of the Agency pursuant to subdivision (c) of this Set;tion 2 an amount equal to all of the Added Tax increment allocated and paid to the Agency for the applicable Fiscal Year pursuant to subdivision (b) of Section 33670 which are attributable to: 1) increases in the rate of tax imposed for the benefit of the District which levy occurs after the tax year in which the Ordinance becomes effective, and 2) increases fn the assessed valuation of the taxable property located in the Project Area above the valuation shown on the 1982--1983 assessment roll pursuant to subdivision (a) of Section 33676, which are, or otherwise would be, calculated annually pursuant to subdivision (f) of Section 110.1 of the Revenue and Taxation Code. Such amounts shall be limited to Added Tax Increment which would have been allocated to the District after adopting a resolution in accordance with Health and Safety Code Section 33676(b) electing to receive payments pursuant to Sections 33676W (1) and 33676(a)(2), to the extent the then applicable law requires such allocation to an affected taxing agency which has made the election under Section 33676(b). The District has not elected to receive payments pursuant to Sections 33676(a)(1) or 33676(a)(2) of the Health and Safety Code and payments made pursuant to this Section 2(b) shall be in lieu of payments pursuant to said Sections 33676(a)(1) and 33676(a)(2). in the event any revenues are received by the District pursuant to Sections 33676(a)(1) or 33676(a)(2). the amounts to be deposited by the Agency on behalf of the District pursuant to this Agreement shall be reduced byy an amount equal to sums received pursuant to Section 33676(a)(1) and 33676(a)(2), with the reduction to be made at the earliest feasible time as determined by the Agency. (c) Subject to Section 3 below, payments to be deposited by tke Agency on behalf of the District pursuant to this Agreement shall be placed in a special fund of the Agency to be utilized solely for the purposes permitted under Section 4. The District covenants that it shall expend revenues received by the District pursuant to this Agreement only within the corporate limits of the City and only in strict conformity with this Agreement. (d) The Agency agrees that it will indemnify and hold the District harmless from any and all loss of District taxes caused by implementation of tax increment financing in the Protect Area should the State of California fail to provide compensating sums pursuant to Education Code Section 42238 or other similar or successor provisions of law. 06/04/89 4743n/2460/034 -4� Sectlon 3. Alternate Pa .ent Procedure As an alternative to the payment procedure set forth in Section 2, the District may elect to have all payments that are to be deposited by the Agency made in one of the following manners: a, to a nonprofit corporation to be formed by the District; or b. directly to the contractors and suppliers of the District who are constructing capital improvements on District Facilities as described in Section 4. Should the District elect to have the payments received as described in this Section 3(b), the Agency shall deposit the funds into a separate interest -bearing account on behalf of the District (with interest accruing to said account), and the Agency shall be entitled to withdraw from said fund all costs (including personnel and administrative costs) in administering said fund. The Agency undertakes no responsibility or duty with respect to the selection of interest -bearing accounts or from the maximizing of interest. The Agency agrees to cooperate with the District in selecting the interest -bearing account. Payments pursuant to Sections 2 and 3 are subject to the conditions and limitations set forth in parts (a) through (h) of Section 6 of this Agreement. Sectlon 4. District Enenditure of Revenues All funds paid by the Agency pursuant to Section 2 or 3 of this Agreement shall be expended on capital improvement projects selected by the District but which shall be situated within the City. Reasonable priority will be given to facilities of direct benefit to the community, such as library and recreational facilities. Upon written request by the Agency as may be made so often as the Agency shall deem apppropriate, the District shall promptly provide without charge a written statement accounting for the expenditure of funds, together with any reports to state agencies pertaining to such expenditures or the subject improvements. Sectlon S. Agencyeonds it is agreed and acknowledged by the District that the Agency may issue bonds and assume obligations to the fullest extent permitted by law, and that the Agency may pledge all or any portion of the Added Tax Increment to the repayment of any such obligations; provided that the inclusion of such a pledge of Added Tax Increment attributable to the general purpose tax 06/04/89 4743n/2460/034 -S- levy of the District shall be allowable as a first and senior pledge only (i) with the consent of the District or M) upon the payment by the Agency to the District (or the commitment by a trustee in connection with the issuance of bonds to cause to be annually paid) from the proceeds of such issue or other revenues available to the Agency such revenues as would be payable to the District in any year in which pledged revenues would be payable to the District pursuant to this Agreement. The District agrees that it shall promptly approve and execute such documents as are necessary or convenient to implement this Section 5 and facilitate the issuance of bonds (or other indebtedness) by the Agency, so long as such documents are consistent with this Section 5. Section 6. Conditions Payment to be deposited by the Agency on behalf of the District are subject to the following conditions and limitations: (a)' Agency's obligation under this Agreement to deposit payments on behalf of the District is deemed to constitute "an indebtedness" within the meaning of Health and Safety Code Sections 33670 and 33675. (b) Agency shall deposit on behalf of the District amounts due pursuant to this Agreement during each Fiscal Year within a reasonable period after the Agency receives the Added Tax Increment allotment from the County Auditor -Controller provided that payments in relation to allotments received between July 1 and December 31, of any Fiscal Year shall be made no later than the following February 28; and that payments in relation to allotments received between January i and June 30, of any Fiscal Year shall be made no later than the following August 30. (c) The Agency's obligation to make payments hereunder shall be limited to Added Tax Increment from the Project Area received by the Agency. In no way shall the Agency be liable for such obligations from revenues of other redevelopment project areas in the City or from Existing Increment Flow or from any other revenues. The City shall have no financial obligation or any other obligations by virtue of this Agreement, and shall not be responsible for the discharge of obligations of the Agency herein. (d) No payment shall be made by the Agency in any Fiscal Year pursuant to this Agreement if such payment would impair any contract, obligation to service bonded indebtedness or the refinancing of such existing indebtedness or any other existing obligation entered into by the Agency prior to the execution of this Agreement. 06/04/89 4743n/2460/034 -6- Y (e) The Agency's obligation to make payments hereunder shall be junior and subordinate to the Agency's obligation under Health and Safety Code Section 33334.2. (f) Notwithstanding any ocher provisions of this Agreement to the contrary, the Agency's obligation to make payments to the District under this Agreement in any single year shall not: M exceed the amount of Added Tax Increment which would have been received by the District if all the Added Tax Increment from the Project Area had been allocated to all the affected taxing agencies without regard to the division of taxes required by Health and Safety Code Section 33670; (it) violate the expenditure limitation under Article XIIIB of the California Constitution of such entity; or (iii) be contrary to any provision of the laws of the State of California. (g) No payments shall bg made by the Agency from the Added Tax Increment to the District except as expressly set forth in Sections 2 and 3 of this Agreement. The District certifies that it has not at any time requested and does not now request the receipt of revenues pursuant to Health and Safety Code Section 33676(a)(2) in connection with the Project, Including, without limitation, Amendment No. One thereto. (h) The District shall indemnify, defend and hold harmless the Agency frcm any claims, liabilities and causes of action asserted by any third party against the Agency by reason of the Agency's payment of funds in the manner described in Sections 2 and 3 of this Agreement. Section 7. Ccvenant Not To Sue The District agrees and covenants that it shall not file or participate in opposition to the Agency in any lawsuit attacking or otherwise questioning the validity of Amendment No. one, the adoptica or approval of such Amendment No. One, any statement of indebtedness consistent with this Agreement, or any of the findings or determinations made by Agency or City Council of the City in connection with such Amendment No. One. The District declares that it has conducted all such investigation and study of matters pertaining to the subject matter of this Agreement as it has deemed appropriate, and that it has been advised at all times by counsel of its choosing. The District finds and determines that this Agreement fully alleviates any financial burden and detriment to the District resulting from Amendment No. one and, except as provided hereinbelow, forever waives its right to submit a report to the Agency, or to cause the Agency to hold a public hearing, or to request or take other action to induce the Agency to consider 06/04/89 4743n/2460/034 -7- M amendments to the Project or Pmendment No. One pursuant to Health and Safety Code Section 33445.5. The District agrees and acknowledges that the provision of the continuing . effectiveness of such waiver is a material inducement to the Agency to approve this Agreement, and that but for such waiver the Agency would not approve and execute this Agreement. Notwithstanding the foregoing, the Agency agrees to reopen negotiations with the District concerning the financial burden or detriment to the District caused by the implementation of Amendment No. One if the Agency constructs or contributes to the cost of constriction of more than one hundred (200) new dwelling units in the Project Area during the Term. In the event and to the extent tax increments are not paid to or are withheld from the Agency by reason of the pendency of any such cause of action, case, claim, count, action, or complaint filed by any public or private person or entity, the District agrees not to claim interest on any such withheld funds. The Agency's responsibility for making any . reimbursement otherwise required by this Agreement shall accrue and be paid to the District when and if available at the conclusion of litigation. The time for the Agency performance hereunder shall be excused for the duration of such litigation. Section S. Entire Agreement This Agreement constitutes the entire agreement between the Agency and District with respect to the matters set forth herein, and any changes, modifications or anendments thereto shall be legally binding and effective only upon duly executed written amendment hereto. Section 9. Effective Date This Agreement shall become effective the date last executed below and shall continue in effect until Agency -is deactivated pursuant to Section 33141 of the California Health and Safety Code or its successors; provided that this. Agreement shall terminate automatically and be of no further force or effect in the event that Amendment No. One is not adopted on -or.., before December 31, 1989, or in the event the adoption of - Amendment No. One should be set aside or annulled as the result of litigation. 06/04/89 4743n/2460/034 -a- tecuted lZ DISTRICT V ,AqT AGMTCY cA i,- If t REQUEST FOOREDEVELOPM U �Y Ct i; Y APPROVE L.m--142- ENCY ACTION. RH 89-51 June 19. 1999 Submitted to: Honorable Chairm Redevelopment Agency Members Submitted by: Paul E. Cook, Chief Executive Officer V../ Prepared by: Douglas N. La Belle. Deputy City Administrator/Economic Development Subject: PASS-THRU AGREEMENT — COAST COND UNrrY COLLEGE DISTRICT Consistent with Council Policy? QQ Yes [ j New Policy or Exception Statement of Issue, Recommendation, Analysis, Funding Source, Alternative Actions, Attachments: STATOE T QF ISS E: On June S, 1989 the Redevelopment Agency approved Pass—Thru Agreements regarding the Oakview Amendment No. One with five •Taming Entities. Since that time staff has reached agreement with the sixth and final Agency: Coast Community College District. RECQ MNDATIQN: Approve and authorize the Agency Clerk to execute the attached Agreement between the Agency and Coast Community College District. ANALY IS: As a mitigation against detriment to Coast Community College District, the attached Agreement requires the Agency to pass—thru 509: of the district's normal tax share for the life of the plan for those amounts above the current cap of $3SO,000 per year. MD?TNQ SQ RCE: Tsx increment revenues. ALTERNATU ACTION: Do not approve the Pass—Thru Agreement. ATT C MNISS: Pats—T'hru Agreement — Coast Community College District R PEC/DLB/SVK:sar 5217r x w �. H;, & CITY OF HUNTINGTON BEACH 2000 MAIN STREET CALIFORNIA 02648' OFFICE OF THE CITY CLERK July 14, 1989 Gilbert L. Challet, District Manager Orange County Vector Control District P. 0. Box 87 Santa Ana, CA 92702 Dear Mr. Challet: Enclosed, for your records, is a duly executed copy of the Cooperation Agreement between the Orange County Vector Control District and the Huntington Beach Redevelopment Agency. Please call this office if you have any questions. Sincerely yours, Cl,nnie Brockway, CMC City Clerk CB:me Enclosure CC: Barbara Zeid, Stradling, Yocca, Carlson and Rauth, Attorneys at Law 2007k/me (TwpOw .11:443662"1 N .4 777 Gs. I rrp P-01[/t�f �''1 .. g 4t, MING, YOCCAl MUSS IMPI ATTORNEYS AT LAW Al Novvport Center DrIvoo suite 1800 ort Death, Callformls 92660-6401 014) 1540-7035 lFi SYCLA OPERATOR lVilDIATILY IF SMISSION 13 MT RECEIVED PROPERLY (714) 725-4014 ,flA 3ME FOLL9WING MATER18L AS S20 AS POSS11" -p ;L- TIME SMM UERATOR fit• j`�• :L:Y`.� '•� '',i� •t'::`.�r��.=''!• _� ' � .r''t. ,•.✓.� !�••-••s;i L�:1a • y_'•,l �r r ,,-tiTrx rj. 2,!y`. �'�� era. •�rrl•r �� ,t� ,, ,, •�' 'ram* r'[i� �• �r ilti �,i.,S ;t•,e;.�i.,�+ �r+yi �, 16 !III ' ,. ':•�+�l:1 �';•r:t�ia'%/•,i � ••� •}k •4'` "1 rl f `ryj��• Yv�V.:�, tC: • rt�tia'} ^:,�� `fi4;� K 6an�r4'�:�, '1 � r-� rr •'•!. ri 1t ,rtsr�tA-. r�,'� �4i+� r4 t.ry1�. }'; ,,•y rti i li. 'j Y, a!I s ��,"•�:�.�f;� � _ fl'r}yi, •,!, r. .Er 3. •a] :.`�•.. `1f1ft. i+ r�.:�.•a �'r/i4'.'r. '�X r`r r r.t J'•`• J� ?' L'iw..w�'.►Ar.,'i\ .i t"r-�sy�,v^M v t�, t,: ji 4 �,1 •.tie: •►c;',•r t,+ Mr. Steve Kok City of Hunt! 2000 Main St,. Huntington V.. Costa Masao 'I re C COVNTY OF OR; County Admin! Mr. Robert V ORANGE COUNr. "N Costs mesa, I Send Ocean '134' Huntington Alan R. Burrr LAW Orricss Orangeo Call,' 6. :tip �'� 'f�Y: �'•"'' J•''it r� fti •J�•!'r. ac•,' .i''. •i ..'ti'Sff•� '•+' rF••Y�•. ^•air! i�,..� �.•. a 1p.4r -'!:Z, jj It '�� ..Y .f .r, i7• F �t },,y i�`eti.' -nit•. +. .l, �'•y: ^�i 1r•�'�„�•'.•�*i�rr• �'.s �'S".i•. ". .14 r ,, �' i y r-f •- r ,� • �' � Sr ! nr � �,�� "S' �: � Ly �•: 'r * Z 1 Y •� ;.{1 f�lti �C*/} S�1 ✓r ttru ��tti� •y] 1 �•.� t. f�•r f i�-i• R,ti .,. • tip• rza"! i � .c, 4 C� `': ('.n+:.,.• ' _=*h:rr L-.+gas•.�:•r•:r..:d•-t"'tw.%.:li't.•:J' z::•t'i,'r `.;;�r.•�rw4 r+ •w/''� ��irM+...tf. .�,+►T= ref Y�rryw.-.+•..r.r*; l� +w��-+.. ,S^+. i •.'AAA-{ M. �,T 1,. '� :.'y•i s: •in'1 �fi �� 4� �..�5 r-7• yam' t. qY.(`�"t� ,�. Yes r- �• Y � � [ �'I�s-Zv !� �,�. y�.:.�Y` ., :r�ir �i..s �a�.4' wr_: �, ,. �.-. ��t��l�° ��.�!s.,y��r-`_"� i�. Wit.♦ � -� O �f CITY OF HUNTINGTON BEACH CA $9 -63 COUNCIL • ADMINISTRATOR COMMUNICATION �.rr•+cfo� ��,►c++ rn To Honorable Mayor and From Paul E. Cook City Council tlembers City Administrator Subject ADDITIONAL BACK UP MATERIAL Date June 1, 1999 OAKVIEw AMENDMENT NO. ONE PUBLIC HEARING As Item DS on the City Council/Redevelopment Agency Agenda for Monday, June S. 1989, there is a Joint Public Hearing concerning a proposed amendment to the Oakview Redevelopment Project Area. Binders containing back—up information for this item were distributed to City Council along with the Agenda Packet. Subsequent to delivery of these packets, the Fiscal Review Committee submitted it's report to staff (on June 1, 1989). A copy of this report is attached as additional back—up information. Also attached are draft Agreements with each of six (6) potentially affected taxing agencies. These Agreements bind the Redevelopment Agency to share a portion of the Increased tax revenue which would accrue through the Amendment of the Oakview Redevelopment Plan with each of these taxinb agencies. Although these Agreements have not been considered by the respective boards of each of there taxing agencies, staff has received verbal concurrence from representatives of each district regarding the provisions of each Agreement. The representative of one of the taxing agencies (Coast Community College District) has requested that the Redevelopment Agency consider these Pass—Thru Agreements PRIOR to the conduct of the Joint Public Hearing. These Agreements have been agendised as an additional consent calendar item. Should the Agency wish to consider them prior to the Public Hearing, the Chairman may request them to be taken out of order. PEC/SVK:Jar Attachments xc: Doug La Belle, Deputy City Administrator/Economic Development Pat Spencer. Director of Housing and Redevelopment Gail Hutton. City Attorney Stephen V. Kohler, Principal Redevelopment Specialist 5116r u�!! F_' .!F!�r.-erwF.i ♦�trrMyyAy *i �; �'w+Y•.'.�.r`y r'.F� �:�!"frA r�'!r�++r.t :4r`,f��.y,. .lw ,t'�•i-.• --+�.► JC:' X1`.l�..Mw�. j A `ten• ��/ A�r1la y1+1 � Itt� lr•� � s �• COMMUNITY SYSTEMS ASSOCIATES. INC. June 5, 1989 Mayor & Members of the City Council CITY OF RUNTINaTO21 BEACH P. 0. BOX 190 Huntington Beach, California 92648 SUBJECT: June 5, 1989 Public Hearing Oakview Redevelopment Plan Amendment No. 1 Dear Mayor and Menbers of the City Council: On behalf of the Coast Community College District, we are hereby requesting that the public hearing on Amendment No. One to the Oakview Redevelopment Plan be continued due to the fact that,as agreed upon by your staff, a proposed Agreement by and between the District and the Agency relative to the mitigation of finan- cial burden or detriment, as defined by Section 33012 of the California Health and Safety Code, has not been approved by the City Council and Redevelopment Agency and submitted to the Dis- trict. As background, on April 5, 1989, affected taxing agencies met as a Fiscal Review Committee, pursuant to Section 33353.4(b) of the California Health and Safety Code, and conducted its first hear- ing. The Committee was advised that the last date of another Committee Meeting would be April 20, 1989, unless the City and Committee would mutually agree to an extension; and that the Committee's Report would have to be completed by May 20, 1989. The Committee and City staff mutually agreed to a continuation of the April 20, 19e9 meeting by a period of ten (10) days (April 30, 1989) to permit the City/Agency staff to prepare a response to the Committees request for certain information. Said infor- mation was not provided directly to the Committee, -but rather was provided to Community Systems Associates, Inc. in response to our continued request for such information. The information was picked up by Community Systems Associates, Inc. staff for their purposes on April 28, 1989. In the transmittal letter, Mr. Koh- ler Indicated the necessity to receive the Committee's Report no later than the close of business on May 31, 1989. Giving CoA- runity Systems Associates, Inc. the incomplete information of April 28, 1989, did not permit the calling of the second hearing by the Committee by April 30, 1989. 1b "publlcrprtnte project management, teealbillty, and Implementatlon" 1717 SOVrW STATE COLLEGE BOULEYARb • SUITE 100 • ANAHEIM. CALIFORNIA IM • TELEOMONE (n4) 9TS4W • ��•. �'��. � 15 .� :•_ tier. 7•. Y� yy VX �•-r`fl`1f �{t�A�y '�r�, .^•f. �s..� .,-t�..'`. i.. •�:j 'i" �.� �'i �"-�. ••s'•r--���! .y�•. �`'.+� -"�L •Tti�• �4;.-..'�.. a��'1v\{'•��. i•i CIA .�.:{'r .A -��'. �a• L-•'�'•��.fFi ���+ Mayor Members of the City Council CITY OF HUNTINGTON BEACH June 5, 1989 P..ge 2 )It was noted that the information provided by Mr. Kohler was in- complete and did not include various items discussed at the April 5, 1989 meeting. On May 26, 1989, the Committee met for a second time in order to respond to Mr. Kohler's May 31, 1989 date, and restated to the City's staff that the information provided was incomplete and that such infortr.ation should be provided to the District. Section 33353.5 of the California Health and Safety Code states, in part: "In the event a fiscal review committee is created pursuant to Section 33353, the fiscal review committee shall analyze and report to the agency, within 30 days of the conclusion of the hearing held pursuant to Section 33353.4, on the fis- cal impact of the redevelopment plan or the amendment to the redevelopment plan on each of the rembers of the fiscal review committee, including a determination of whether the redevelopment plan or amendment will have either a benefi- cial effect or a financial burden or detriment upon one or more members of the fiscal -review committee. This analysis shall be based upon all of the following information. (1) The preliminary report prepared pursuant to Section 33344.5. (2) The redevelopment plan or amendment. (3) The draft environmental inpact report prepared pursuant to Section 33333.3. (4) Information derived from the consultations between the agency and fiscal review committee pursuant to Section 33353.1. (5) Information derived from the hearing held by the fiscal' review committee pursuant to Section 33353.4. (6) The report prepared pursuant to Section 33228. (7) Any additional information developed by the fiscal review committee...." ./': 11 1 1. r - � ^ � r Tf � -I • � u", � \f;'- ^r � f `tt �r � t.. - a r �!'a.. .i-..•7i�... ii,. -:i'• - • ._i }'. i.•. '#/►.a-:v+:. .. a:' .:i. _!'aJIC< <I:•.4,a�a11. �i�r `--�,uK �. � �t1Y'aC W"�`1V�!Y; r'•- :.�;iR'V�"S! � .., e . { Xx+���.'�F. 4M k. � 7 N Mayor A Members of the City Council CITY OF HUNTINGTON BEACH June 5, 1989. Page 3 The lack of adequate and complete information has resulted in the District's inability to prepare an analysis that is complete and comprehensive and as such, the Committee Report dated May 30, 1989, is not a thorough discussion of fiscal impacts and mitiga- tion measures. Having noticed the public hearing, it would be appropriate that all documentation to be considered by the City Council and Agency be available for public inspection prior to the meeting. Inas- much as the Committee Report was not available until May 30, 1989, it appears that the Agency's Report, pursuant to Section 33352 of the California Health and Safety Code, will not have been completed ten (10) days prior to the public hearing and that it would be appropriate and desirable to continue the public hearing for ten (10) days. This will not affect the Agency's ability to adopt the Plan Amendment in accordance with the legal requirements of the California Community Redevelopment Law. In addition, the Agency's legal counsel submitted a proposed Cooperation Agreement to Community Systems Associates, Inc. on June 1, 1989 and a revised faxed Agreement on Friday evening, June 2, 1989 at 7:10 P.M. The District has not had ample time to review the Agreement completely, and it appears that the revised Agreement does not address all of the concerns of the District. In order to provide ample time to autually revise the Agreement so that the City Council and Redevelopment Agency can consider an approve a final document prior to the close of the public hearing on the Plan Amendment, we believe that the ten (10) day con- tinuance is appropriate. Thank you for your consideration of this request. Sincerely, MNUNITY BY TENS AsW� shal rupF ident MBK: Y=g A88OCIATE9, INC. cc: Mr. C. M. Brahmbhatt Coast Community College District