HomeMy WebLinkAbout2017-02-14; City Council; ; Adopt Ordinance No. CS-314 rescinding Ordinance No. NS-551, which adopted an Infrastructure Financing Plan and created an Infrastructure Financing District for parcels 17 and 18 of the Carlsbad Ranch Amended Specific Plan Area(t/CA Review
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Meeting Date:February 14, 2017
To:Mayor and City Council kVFrom:Kevin Crawford, City Manager
Staff Contact:Sheila Cobian, City Clerk Services Manager
Sheila.cobian@carlsbadca.gov 760-434-2917
Subject:Adopt Ordinance No.CS-314 rescinding Ordinance No.NS-551,which
adopted an Infrastructure Financing Plan and created an Infrastructure
Financing District for parcels 17 and 18 of the Carlsbad Ranch Amended
Specific Plan Area, due to achievement of purpose and end of term.
Recommended Action
Adopt Ordinance No.CS-314 rescinding Ordinance No.NS-551, which adopted an Infrastructure
Financing Plan and created an Infrastructure Financing District for parcels 17 and 18 of the
Carlsbad Ranch Amended Specific Plan Area, due to achievement of purpose and end of term.
Executive Summary /Discussion
Ordinance No.CS-314 was introduced and first read at the City Council meeting held on January
24, 2017.The City Council voted 5/0 to introduce the Ordinance.The second reading allows the
City Council to adopt the ordinance which will become effective thirty days after adoption.
Fiscal Analysis
There is no anticipated fiscal impact.
Next Steps
The City Clerk will have the ordinance or a summary of the ordinance published in a newspaper
of general circulation within fifteen days following adoption of the ordinance.
Environmental Evaluation (CEQA)
Adoption of the ordinance is exempt from the California Environmental Quality Act. Pursuant to
CEQA Guidelines Section 15061(6)(3), "...CEQA applies only to projects which have the potential
for causing a significant effect on the environment. Where it can be seen with certainty that there
is no possibility that the activity in question may have a significant effect on the environment,
the activity is not subject to CEQA." This action would not authorize, permit or guarantee the
construction of any project that would have a significant environmental effect nor commit the
City of Carlsbad to approve any such project.
Public Notification
The City Clerk will have the ordinance or a summary of the ordinance published within fifteen
days,if adopted.
Exhibits
1.Ordinance No.CS-314
EXHIBIT 1
ORDINANCE NO.CS-314
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF CARLSBAD,
CALIFORNIA,RESCINDING ORDINANCE NO.NS-551,WHICH ADOPTED AN
INFRASTRUCTURE FINANCING PLAN AND CREATED AN INFRASTRUCTURE
FINANCING DISTRICT FOR PARCELS 17 AND 18 OF THE CARLSBAD RANCH
AMENDED SPECIFIC PLAN AREA,DUE TO ACHIEVEMENT OF PURPOSE AND
END OF TERM.
WHEREAS,the City of Carlsbad, California, adopted Ordinance No.NS-551 on June 27, 2000,
which adopted an infrastructure financing plan (Plan) and created an infrastructure financing district
(IFD)for parcels 17 and 18 of the Carlsbad Ranch Amended Specific Plan Area; and
WHEREAS, costs for eligible public works projects were allocated to the IFD and then borne by
the hotel developer via development impact fees and assessments.The fees were paid at the time of
the issuance of building permits.Per the Plan, the total amount of tax increment committed by the
city to the IFD for reimbursement of the hotel developer for eligible development impact fees and
assessments was $1.76 million.Per the Plan, the IFD would cease to exist twenty years from the date
of adoption (June 27, 2020), or upon the allocation to the IFD of $1.76 million, whichever came first;
and
WHEREAS,by January 31, 2016,a total of $1.76 million of tax increment was collected by the
IFD and then remitted to the hotel developer as reimbursements for paid eligible development impact
fees and assessments.Consequently, the purpose of the IFD has been achieved thereby ending the IFD
term.
NOW, THEREFORE,the City Council of the City of Carlsbad, California, ordains as follows:
1.The above recitations are true and correct.
2.The City Council hereby rescinds Ordinance No.NS-551.
3.The Mayor is hereby authorized to execute this Ordinance.
EFFECTIVE DATE:This ordinance shall be effective thirty days after its adoption; and the City
Clerk shall certify the adoption of this ordinance and cause the full text of the ordinance or a summary
of the ordinance prepared by the City Attorney to be published at least once in a newspaper of general
circulation in the City of Carlsbad within fifteen days after its adoption.
INTRODUCED AND FIRST READ at a Regular Meeting of the Carlsbad City Council on the 24th
day of January, 2017, and thereafter
PASSED,APPROVED AND ADOPTED at a Regular Meeting of the City Council of the City of
Carlsbad on the 14th day of February, 2017, by the following vote, to wit:
AYES:M. Hall,B.Blackburn,C.Schumacher, M. Packard.
NOES:None.
ABSENT:M. Schumacher.
APPROVED AS TO FORM AND LEGALITY:
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CELIA A.BRE •, City Attorney
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MATT HALL,ayo7r
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BARBARA ENGLESON, City Cl -rk
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