HomeMy WebLinkAbout2003-10-21; Housing & Redevelopment Commission; Resolution 3731
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HOUSING AND REDEVELOPMENT COMMISSION RESOLUTION NO. 373
A RESOLUTION OF THE HOUSING AND REDEVELOPMENT
COMMISSION OF THE CITY OF CARLSBAD, CALIFORNIA
APPROVING THE WORK PLAN FOR DEVELOPMENT OF A VILLAGE
REDEVELOPMENT AREA OPERATIONS STRATEGY AND
AUTHORIZING STAFF TO PROCEED WITH APPROPRIATE ACTIONS
TO IMPLEMENT THE WORK PLAN
WHEREAS, on July 21, 1981, the City Council and Housing and Redevelopment Commission
took the necessary actions to adopt a redevelopment plan for the Village Area; and
WHEREAS, the redevelopment plan is scheduled to expire on July 21,2006; and
WHEREAS, the Redevelopment Agency has reduced or eliminated amajority of the blighting
conditions in the Village Redevelopment Area that existed when the redevelopment plan was adopted to a
level which makes it infeasible for the Housing and Redevelopment Commission to find as required by
Health and Safety Code Section 33354.5 that sufficient blight currently exists to allow for the
redevelopment plan to be extended, and
WHEREAS, as one of the City Council goals for fiscal year 2002-2003, a work plan has been
prepared for the development of a Village Redevelopment Area Operations Strategy to determine the
actions that need to take place before and after the redevelopment plan expires.
NOW, THEREFORE, BE IT RESOLVED by the Housing and Redevelopment Commission of
the City of Carlsbad as follows:
1. The Work Plan prepared for Development of a Village Redevelopment Area Operations
Strategy, attached hereto, is hereby accepted and approved, and the Executive Director of the Carlsbad
Redevelopment Agency or designee is authorized to proceed with implementation of the subject Work
Plan.
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PASSED, APPROVED AND ADOPTED at a regular meeting of the Housing and
Redevelopment Commission of the City of Carlsbad, California, on the 21st day of
October ,2003 by the following vote, to wit:
AYES: Commissioners Lewis, Finnila, Kulchin and Packard
NOES: None
ABSENT: None
ABSTAIN: Commissioner Hall
Page 2
HRC Resolution No. 373
Exhibit 2 to AB #362
WORK PLAN FOR DEVELOPMENT OF A
VILLAGE REDEVELOPMENT AREA OPERATIONS STRATEGY
1. Introduction
In July of 2002, the Village Redevelopment Area Strategy goal team began to research
the feasibility of extending the effectiveness time limit for the Village Redevelopment
Plan beyond the existing July, 2006 expiration date. Consultants from the Rosenow
Spevacek Group (RSG) assisted City staff in conducting the feasibility study. RSG
completed a financial analysis and a “windshield survey’’ of the Redevelopment Area.
Based on the results of the feasibility study, a determination has been made that the
Redevelopment Agency would be unable to make the required blight findings to allow for
an extension of the Village Redevelopment Plan. Therefore, the goal team has prepared
the following work plan for development of an Operations Strategy to outline activities
and required actions prior to and/or following expiration of the effectiveness time limit for
the Village Redevelopment Plan. r
II. Development of a Redevelopment Operations Strateqv
Prior to the expiration of the Village Redevelopment Plan, the following two
redevelopment functions need to be addressed: Land Use and Finance.
A. Analvze Pros and Cons of Alternative Land Use Strategies
The Carlsbad Village Redevelopment Master Plan and Design Manual currently
serves several purposes. First, the document provides the land use regulations
and design guidelines for the area. Second, the document serves as the Local
Coastal Plan for the area.
Appropriate land use documents will need to be adopted prior to expiration of the
Redevelopment Plan. For land use regulation and development purposes, staff
will analyze the pros and cons of various alternatives including, but not limited to:
1. Continue to use the existing zoning and the Village Master Plan and
Design Manual as the regulating document, with appropriate legally
required modifications.
2. Develop a new Master Plan or Specific Plan to regulate and/or guide
development in the area.
3. Develop an overlay zone with development standards and other
appropriate land use regulations.
4. Re-zone all properties in the Village Area and apply Municipal Code
regulations as appropriate.
Based on the study of the alternatives noted above, staff will identify a
recommended action and then complete the appropriate tasks to submit the
recommendation to the City Council for final adoption.
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B. Financial Strategy
As a fundamental element of redevelopment operations, General Fund debt of
approximately $1 3 million has been incurred by the Carlsbad Redevelopment
Agency over the life of the Village Redevelopment Plan. The repayment of
existing and potential future debt, in conformance with California Redevelopment
Law, will be addressed through the following steps:
Determine the need for new capital projects, which would require the
Agency to incur additional debt prior to the December 31, 2003 deadline
imposed by State Redevelopment Law.
Work with the Finance Department to collect documentation necessary to
substantiate the amount of debt to the City’s General Fund to be repaid
by the Redevelopment Agency as recommended by redevelopment legal
counsel.
Work with the Finance Department to develop a debt repayment
agreement and schedule.
Ensure that the City Council and Housing and Redevelopment
Commission approve the repayment agreement and schedule by the
December 31,2003 deadline.
Work with the Finance Department to develop an annual monitoring
program to ensure that the approved repayment schedule is followed and
housing set-aside funds are administered in an effective manner.
Exhibit 2 to AB #362 2 G