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HomeMy WebLinkAboutIntroduction of Ordinance No. 3793 Amending the Southeast Co V� vAhA Council/Agency Meeting Held: ZZ �o Deferred/Continued to: e'a� z/// -7 " .,Approved ❑ Conditionally Approved ❑ Denied 4-0 Cit erk' igna ur Council Meeting Date: 11/5/2007 Department ID Number: ED 07-46 CITY OF HUNTINGTON BEACH REQUEST FOR CITY COUNCIL ACTION SUBMITTED TO: Honorable Mayor and City Co_unci a bers SUBMITTED BY: Penelope Culbrdth-Graf�A, City Administrator PREPARED BY: Stanley Smalewitz, Director of Economic Developmentjj SUBJECT: Adopt Ordinance3_7_13_to amend the Southeast Coastal Redevelopment Plan, extending the plan effectiveness deadline, payment of indebtedness deadline and tax increment receipt Pursuant to SB 1045. Statement of Issue,Funding Source,Recommended Action,Alternative Action(s),Analysis,Environmental Status,Attachment(s) Statement of Issue: As a component of the FY 2003-2004 State budget, the Legislature adopted SB 1045, which required every redevelopment agency to make a payment to the Educational Revenue Augmentation Fund ("ERAF"). Agencies that paid are permitted to extend, by one year, the time limit on the effectiveness of the plan and the time limit on the receipt of tax increment funds. In 2003-2004 the Huntington Beach Redevelopment Agency paid into the Educational Revenue Augmentation Fund (ERAF). By adopting this Ordinance, the Huntington Beach Redevelopment Plan is amended to extend these limitations. Funding Source: Not Applicable Recommended Action: Motion to: Adopt Ordinance .37g3_ amending the Southeast Coastal Plan for the Southeast Coastal Project Area extending the Plan effectiveness deadline, prepayment of indebtedness deadline and Tax Increment receipt deadline pursuant to SB 1045 Alternative Action(s): Do not approve the Ordinance. Ord. No. 3793 STATE OF CALIFORNIA ) COUNTY OF GRANGE ) ss: CITY OF HUNTINGTON BEACH ) I, JOAN L. FLYNN, the duly elected,qualified City Clerk of the City of Huntington Beach, and ex-officio Clerk of the City Council of said City,do hereby certify that the whole number of members of the City Council of the City of Huntington Beach is seven;that the foregoing ordinance was read to said City Council at a regular meeting thereof held on November 5,2007 and was again read to said City Council at a regular meeting thereof held on November 19,2007, and was passed and adopted by the affirmative vote of at least a majority of all the members of said City Council. AYES: Bohr, Carchio, Cook, Coerper, Green, Hansen, Hardy NOES: None ABSENT: None ABSTAIN: None I,Joan L.Flynn,CITY CLERK of the City of Huntington Beach and ex-officio Clerk of the City Council,do hereby certify that a synopsis of this ordinance has been published in the Huntington Beach Fountain Valley Independent on November 29,2007. In accordance with the City Charter of said City Joan L. Flynn, Ci . Clerk C Clerk and ex-officio 67ferk Deputy city Clerk of the City Council of the City of Huntington Beach, California RCA ROUTING; SHEET INITIATING DEPARTMENT: Economic Development SUBJECT: Adopt Ordinance to amend the Southeast Coastal Redevelopment Plan Pursuant to SB 1045 COUNCIL MEETING DATE: November 5, 2007 RCA ATTACHMENTS STATUS Ordinance (w/exhibits & legislative draft if applicable) Attached Not Applicable ❑ Resolution (w/exhibits & legislative draft if applicable) Attached ❑ Not Applicable Tract Map, Location Map and/or other Exhibits Attached ❑ Not Applicable Contract/Agreement (w/exhibits if applicable) Attached ❑ (Signed in full by the City Attorney) Not Applicable Subleases, Third Party Agreements, etc. Attached ❑ (Approved as to form by City Attorney) Not Applicable Certificates of Insurance (Approved by the City Attorney) Attached ❑ Not Applicable Fiscal Impact Statement (Unbudgeted, over $5,000) Attached ❑ Not Applicable Bonds (If applicable) Attached El Not Applicable Staff Report (If applicable) Attached ❑ Not Applicable Commission, Board or Committee Report (If applicable) Attached ❑ Not Applicable ❑ Findings/Conditions for Approval and/or Denial Attached ❑ Not Applicable EXPLANATION FOR MISSING ATTACHMENTS REVIEWED RETURNED FORWARDED' Administrative Staff ( ) ) Deputy City Administrator Initial ) ) City Administrator Initial ) ) City Clerk ( ) EXPLANATION FOR RETURN OF ITEM: Only)(Below Space Far City;Clerk's Use RCA Author: Runzel Huntington Beach Independent has been adjudged a newspaper of general circulation in Huntington Beach and Orange County by Decree of the Superior Court of Orange County,State of California,under date of Aug. 24, 1994,case A50479. PROOF OF ]PUB LICATIOI'Jq STATE OF CALIFORNIA ) I CITY OF HUNTINGTON BEACH SS. LEGAL NOTICE COUNTY OF ORANGE ) i Adopted by the City Council on NOVEMBER 19,2007 am the Citizen of the United States and a CITY ORDINANCE OF THE! CITY COUNCIL'OF THEj TON resident of the County aforesaid; I am over CITY H, CALIFORNIA 1 BEACH, CALIFORNIA,! the age of eighteen years and not a party AMENDING THE RE !! VELOPMENT PLAN FOR!! to or Interested in the below entitled matter. THE S 0 COASTAL R T H E A EDEVELOPP-' MENT PROJECT AREA am a principal clerk of the HUNTINGTON EXTENDING THE, PLAN EFFECTIVENESS DEAD BEACH INDEPENDENT, a newspaper of INE, RDNESSENT of general circulation, printed and published in LINE AND TAX INCRE- MENT RECEIPT DEAD- the City of Huntington Beach, County of LINE PURSUANT TO;SB Oran g e, State of California, and the SYNOPSIS: p AS A COMPONENT OF 004 attached Notice is a true and complete copy STHE Y TATE-BUDGEOT, 2TTHE as was rinted and ublished on the LEGISLATURE ADOPTED p p SB 1045, WHICH RE- following dates). QUI RED EVERY REDE-- VELOPMENT AGENCY TO MAKE ,A PAYMENT, TO THE EDUCATIONAL REV- ENUE, AUGMENTATION FUND (ERAF)..AGEN, LIES THAT PAID ARE PERMITTED TO EXTEND,, BY ONE YEAR,THE TIME LIMIT ON.THE EFFEC NOVEMBER 2 9 2 0 0 7 AN AIVENESS OF ND THE ME LIMTHE IT THE RECEIPT OF TAX INCREMENT FUNDS. IN 2003-2004 .THE HUN- TINGTON fBEACH REDE- `VELOPMENT ._AGENCY I PAID INTO THE ERAF.BY ADOPTING AN IORDI- I NANCE, THE HUNTING- ;TON BEACH REDEVEL-, ,OPMENT PLAN IS ;AMENDED TO EXTEND THESE LIMITATIONS. declare under penalty of perjury that the PASSED AND ADOPTED, by the City' Council of nton foregoing is true and correct. Bea h�fyatf a u regular' meeting held November 19, 2007 by the follow-, ing roll call vote: ,AYES: Bohr, Carchio, Cook, Coerper, Green„ Executed on NOVEMBER 2 9, 2 0 0 7 Hansen,Hardy NOES:None- at Huntington Beach, California ABSTAIN:None -ABSENT:None THE FULL TEXT OF THE( ORDINANCE IS AVAIL :ABLE IN. THE CITY CLERK'S OFFICE. This ordinance is effec-� tive 30 days afterl Signature +adoptio. , , h CITY OF HUNTINGTON BEACH J 2000 MAIN STREET HUNTINGTON BEACH, CA 92648 714-536-5227 JOAN L.FLYNN; CITY,CLERK Published Huntington. Beach Independent No vember 29,2007115-157 REQUEST FOR CITY COUNCIL ACTION MEETING DATE: 11/5/2007 DEPARTMENT ID NUMBER: ED 07-46 Analysis: As a component of the FY 2003-2004 State budget, the Legislature adopted SB 1045, which required every redevelopment agency to make a payment to the Educational Revenue Augmentation Fund ("ERAF"). Pursuant to SB 1045, agencies that paid are permitted to extend, by one year, the time limit on the effectiveness of the plan and the time limit on the receipt of tax increment funds. The Huntington Beach Redevelopment Agency made an ERAF payment of $348,157 in 2003-2004. This amendment is exempt from the public hearing and noticing requirements of Section 333354.6, Article 12 (commencing with section 33450). Upon adoption of this Ordinance, the Southeast Coastal Project Area's plan effectiveness and debt repayment will be changed to: Adoption Termination Plan Area Adoption Date Date Effectiveness Debt Repayment Southeast Coastal Ord.3561 6/17/2002 6/17/2032 6/17/2033 6/17/2048 By adopting this Ordinance, the Southeast Coastal Redevelopment Plan is amended to extend these limitations. Strategic Plan Goal: Financial — Create long-term financial strategies for funding the backlog of capital projects and maintenance requirements, and ensuring sufficient reserves to withstand major revenue fluctuations in order to endure continuation of city services during economic downturns. Environmental Status: Not Applicable Attachments : City 01617-141 'PqgeJIftn• ® Deserit)tion 1. Kane, Balimer& Berkman Memorandum dated September 25, 2007 2. Ordinance 3793 to amend the Southeast Coastal Redevelopment Plan, extending the plan effectiveness deadline, payment of indebtedness deadline and tax increment receipt Pursuant to SB 1045. -2- 10/24/2007 7:41 AM ATTACHMENT # 1 f KANE, BALLMER & BERKMAN A LAW CORPORATION 515 SOUTH FIGUEROA STREET,SUITE 1850 LOS ANGLES,CALIFORNIA 90071 TELEPHONE(213)617-0480 FAX(213)625-0931 MEMORANDUM TO: Leonie Mulvihill, Esq. City of Huntington Beach, Office of the City Attorney FROM: Murray O. Kane and Davey T. Kim DATE: September 25, 2007 RE: SB 1045 FILE: 150-1 SB 1045 In 1992, the State Legislature enacted Educational Revenue Augmentation Funds ("ERAF") to reduce the State's obligations to fund education costs and reduce a portion of the State's budget shortfall. ERAF reallocates a portion of property tax revenues due local governments (counties, cities, special districts, and redevelopment agencies) to fund certain educational costs, thereby reducing revenues allocated from the State General Fund to fund school districts. As a component of the FY 2003-2004 State budget, the Legislature adopted SB 1045, which required every redevelopment agency to make an ERAF payment to the applicable County Auditor for the 2003-2004 Fiscal Year. SB 1045 contains a substantial one-time cut of$135 million in redevelopment funds that will be done as an ERAF shift in FY 2003-04. SB 1045 took effect September 1, 2003. SB 1045 also contains a provision that will permit redevelopment agencies to extend,by one year, the time limit on the effectiveness of redevelopment plans and the time limit on the receipt of tax increment funds for the repayment of indebtedness. For redevelopment projects for which a final redevelopment plan was adopted on or after January 1, 1994 and to amendments that added territory and that were adopted on or after January 1, 1994, SB 1045 amends Health and Safety Code Section 33333.2 to add the following new provision: "(c) When an agency is required to make a payment pursuant to Section 33681.9, the legislative body may amend the redevelopment plan to extend the time limits required pursuant to paragraphs (2) and (3) of subdivision (a) by one year by adoption of an ordinance. In adopting this ordinance, neither the legislative body nor the agency is 1 required to comply with Section 33354.6, Article 12 (commencing with Section 33450) , or any other provision of this part relating to the amendment of redevelopment plans." For redevelopment projects for which a final redevelopment plan was adopted before January 1, 1994 and to amendments that added territory and that were adopted before January 1, 1994, SB 1045 amends Health and Safety Code Section 33333.6(e)(2) to add the following new provision: "(C) When an agency is required to make a payment pursuant to Section 33681.9, the legislative body may amend the redevelopment plan to extend the time limits required pursuant to paragraphs (a) and (b) by one year by adoption of an ordinance. In adopting an ordinance pursuant to this subparagraph, neither the legislative body nor the agency is required to comply with Section 333354.6, Article 12 (commencing with Section 33450) , or any other provision of this part relating to the amendment of redevelopment plans, including, but not limited to, the requirement to make the payment to affected taxing entities required by Section 33607.7." Thus, a redevelopment agency may add one year to the otherwise applicable time limit on the effectiveness of a redevelopment plan, and one year to the otherwise applicable time limit on the receipt of tax increment funds for the repayment of indebtedness, simply by adopting an ordinance amending the redevelopment plan. There are no other provisions of the Community Redevelopment Law that would apply to the process for adopting such an ordinance. Please see the following tables for analysis of how SB 1045 would work in relations to Merged Redevelopment Project Area and Southeast Coastal Redevelopment Project Area, upon adoption of the SB 1045 ordinances: A. Merged Redevelopment Project Area Sub-Area Adoption Adoption Date Termination Date Plan Effectiveness Debt Repayment Yorktown Lake Ord. 2576 9/20/82 9/20/22 9/20/23 9/20/33 Talbert-Beach Ord. 2577 9/20/82 9/20/22 9/20/23 9/20/33 Original Main Pier Ord. 2578 9/20/82 9/20/22 9/20/23 9/20/33 Oakview Ord. 2582 11/1/82 11/1/22 l l/l/23 1 i/l/33 Added Main-Pier Ord. 2634 9/6/83 9/6/23 9/6/24 9/6/34 Huntington Center Ord. 2743 11/26/84 11/26/24 11/26/25 11/26/35 B. Southeast Coastal Redevelopment Project Area Project Area Adoption Adoption Date Termination Date Plan Effectiveness Debt Repayment Southeast Coastal Ord. 3561 6/17/02 6/17/32 6/17/33 6/17/48 Enclosed please find the draft SB 1045 Ordinances for the Merged Redevelopment Project Area and Southeast Coastal Redevelopment Project Area for your review and use. 2 ATTAC H M E N T #2 ORDINANCE NO. 3793 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF HUNTINGTON BEACH, CALIFORNIA, AMENDING THE REDEVELOPMENT PLAN FOR THE SOUTHEAST COASTAL REDEVELOPMENT PROJECT AREA EXTENDING THE PLAN EFFECTIVENESS DEADLINE, REPAYMENT OF INDEBTEDNESS DEADLINE AND TAX INCREMENT RECEIPT DEADLINE PURSUANT TO SB 1045. WHEREAS, the City Council of the City of Huntington Beach ("City Council") activated the Redevelopment Agency of the City of Huntington Beach ("Agency") on March 1, 1976; and WHEREAS, pursuant to Ordinance No. 3561, adopted on June 17, 2002, the City Council approved and adopted a redevelopment plan for the Southeast Coastal Redevelopment Project Area (the redevelopment plan for the Southeast Coastal Redevelopment Project Area is hereinafter referred to as the"Redevelopment Plan"); and WHEREAS, California Health and Safety Code Section 33333.6 applies to every redevelopment plan adopted on or before December 31, 1993; and WHEREAS, the Redevelopment Plan was adopted on or after January 1, 1994; and WHEREAS, pursuant to California Health and Safety Code Section 33333.2(a)(2), the Redevelopment Plan contains a time limit for effectiveness of the Redevelopment Plan for the Southeast Coastal Redevelopment Project Area; and WHEREAS, pursuant to California Health and Safety Code Section 33333.2(a)(3), the Redevelopment Plan contains a time limit for the payment of indebtedness and receipt of property taxes for the Southeast Coastal Redevelopment Project Area; and WHEREAS, the California State Legislature has enacted SB 1045, making various amendments to the Community Redevelopment Law (California Health and Safety Code Sections 33000 et seq.), which was chaptered as Chapter 260 and became effective on September 2, 2003; and WHEREAS, California Health and Safety Code Section 33333.2(c), as amended by SB 1045, provides that when an agency is required to make a payment pursuant to California Health and Safety Code Section 33681.9, the legislative body may amend the redevelopment plan to extend the time limits required pursuant to paragraphs (2) and (3) of subdivision (a) of California Health and Safety Code Section 33333.2 by one year by adoption of an ordinance, without the necessity of compliance with California Health and Safety Code Section 33354.6 or Article 12 of the Community Redevelopment Law 1 Ordinance No. 3793 (commencing with Section 33450) or any other provision relating to amendments, including, but not limited to, the requirement to make payments to affected taxing entities required by California Health and Safety Code Section 33607.7; and WHEREAS, the Agency was required to make a payment pursuant to Health and Safety Code Section 33681.9; and WHEREAS, the Agency and the City Council of the City of Huntington Beach desire to extend by one year the time limit on the effectiveness of the Redevelopment Plan for the Southeast Coastal Redevelopment Project Area and the time limit for paying indebtedness and receiving property taxes for the Southeast Coastal Redevelopment Project Area. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF HUNTINGTON BEACH DOES HEREBY ORDAIN AS FOLLOWS: Section 1. The City Council hereby finds and determines that all of the foregoing recitals are true and correct. Section 2. Amendment of Time Limits. In accordance with California Health and Safety Code Section 33333.2(c), and notwithstanding any other provision in the Redevelopment Plan, the City Council hereby amends the Redevelopment Plan as stated herein by adoption of this Ordinance, and establishes the following limitations for the Southeast Coastal Redevelopment Project Area: (A) Plan Effectiveness. The term of plan effectiveness for the Southeast Coastal Redevelopment Project Area shall expire on June 17, 2033. (B) Repayment of Indebtedness; Receipt of Property 'faxes. Subject to the provisions of paragraph (3) of subdivision (a) of Section 33333.2 of California Health and Safety Code, no indebtedness shall be repaid from the division and allocation of taxes to the Agency from the Southeast Coastal Redevelopment Project Area beyond fifteen years from the date of termination of the effectiveness of the Redevelopment Plan for the Southeast Coastal Redevelopment Project Area, or June 17, 2048. Section 3. Application. The limitations established by this Ordinance may only be amended in the manner required and to the extent permitted by law. Section 4. Certification and Publication. The City Clerk is hereby ordered and directed to certify the passage of this Ordinance and to cause the same to be published in a newspaper of general circulation, published and circulated in the City of Huntington Beach. Section 5. Partial Invalidity. If any part of this Ordinance is held to be invalid for any reason, such decision shall not affect the validity of the remaining portion of this Ordinance, and the City Council hereby declares that it would have passed the remainder of this Ordinance if such invalid portion thereof had been deleted. 2 Ordinance No. 3793 Section 6. Effective Date. This Ordinance shalt be in full force and effect thirty(30) days after the second reading. PASSED, APPROVED, AND ADOPTED this 19th day of November , 2007. THE CITY OF HUNTINGTON BEACH � or ATTEST: APPROVED AS TO FORM: qlm� o5 y Clerk ja ity Attorney REVIEWED AND APPROVED: INITIATED AND APPROVED: �Ltiv� Director of Ec mic Development /City Adm nistrator 3