Loading...
HomeMy WebLinkAbout2010-04-27; Housing & Redevelopment Commission; 20216; Appropriation of Funding 2009-10 SERAF PaymentHOUSING AND REDEVELOPMENT COMMISSION AND CITY COUNCIL JOINT AGENDA BILL AB# MTG. DEPT. 20216 4/27/10 HNS Appropriation of Funding for 2009-10 SERAF Payment by the Carlsbad Redevelopment Agency, and Acceptance of Loan from City to Agency for South Carlsbad Coastal Redevelopment Plan Implementation DEPT. CITY ATTORNEY CITY MANAGER RECOMMENDED ACTION: 1. Housing and Redevelopment Commission adopt Resolution No. 485 authorizing the Finance Director to appropriate $1,350,538 and make a payment from the Village Project Area of the Redevelopment Agency's Debt Service Fund to the County of San Diego (County) for the 2009-10 Supplemental Education Revenue Augmentation Fund (SERAF) as mandated by the State of California, and subject to final disposition of the lawsuit challenging said mandated SERAF payment. 2. Housing and Redevelopment Commission Resolution No. 486 accepting a loan in the amount of one million five hundred thousand dollars ($1.5 million) for funds advanced by the City of Carlsbad to the Carlsbad Redevelopment Agency (South Coastal Carlsbad area) to initially and subsequently pay for costs related to all legal and other related actions to respond to, and establish opposition to, the application submitted to the California Energy Commission by Cabrillo Power for a new power plant on property located within the South Carlsbad Coastal Redevelopment Plan Area. 2010-097 _authorizing the Finance Director to3. City Council Resolution No. make an advance from the General Fund to the South Coastal Carlsbad Project Area of the Carlsbad Redevelopment Agency (SCCRA) in the amount of one million five hundred thousand dollars ($1.5 million) to initially and subsequently pay for costs related to all legal and other related actions to respond to, and establish opposition to, the application submitted to the California Energy Commission by Cabrillo Power for a new power plant on property located within the South Carlsbad Coastal Redevelopment Plan Area. ITEM EXPLANATION: ERAF Payment The State of California has legislatively established the Supplemental Educational Revenue Augmentation (SERAF) Fund and is requiring the Carlsbad Redevelopment Agency, together DEPARTMENT CONTACT: Debbie Fountain 760-434-2935 debbie.fountain@carlsbadca.gov FOR CITY CLERKS USE ONLY. COMMISSION ACTION: APPROVED DENIED CONTINUED WITHDRAWN AMENDED D D D D CONTINUED TO DATE SPECIFIC D CONTINUED TO DATE UNKNOWN D RETURNED TO STAFF D OTHER-SEE MINUTES D Page 2 with other redevelopment agencies, to deposit payments into this fund for Fiscal Years 2009- 10 and 2010-11. This fund is a tool used by the State to reallocate property taxes away from redevelopment agencies and into the schools so that the State is not required to fund as much to the schools. For Carlsbad, the payment amount for 2009-10 is $1,350,538 and for 2010-11 is $277,781. The payment for this year must be made no later than May 10, 2010. In April 2009, a Sacramento County Superior Court ruled that State raids of redevelopment funds are unconstitutional, invalidating a 2008 state budget bill to take $350 million in statewide redevelopment funds. Despite this court ruling, the State again approved a budget bill (ABX4-26) as part of the 2009 State budget which authorizes a $2.05 billion raid of redevelopment funds. In October, 2009, the California Redevelopment Association (CRA) filed another lawsuit together with two member agencies challenging this action by the State. A court decision is pending. CRA attorneys have advised redevelopment agencies to withhold payments until such time as a court decision is made on the lawsuit. If CRA does not prevail, the SERAF payment will need to be made to the County by May 10, 2010. Staff is recommending that the Housing and Redevelopment Commission approve the appropriation of funding for said SERAF payment for 2009-10 and authorize the Finance Director to make said payment if the legal challenge is not successful. The payment will not be forwarded to the County prior to May 10, 2010. If the court finds that the payment is unconstitutional and should not be made to the State, the payment will not be forwarded to the County. SCCRA Funding/Loan In September of 1997, the City of Carlsbad began to identify options for action to eliminate or reduce the environmental impacts/blight of the existing Encina Power Plant and to achieve more compatible land uses along its coastline. At that time, the existing power plant, which began operation in 1954, was deemed to be obsolete due to its outdated, inefficient technology and more stringent Air Pollution Control District air emission standards. In addition, the utility/industrial land use represented by the power plant and related facilities was (and is) no longer considered the best use for this beautiful coastal property. As a result of research on the issues surrounding the existing power plant and related land uses and facilities, the City decided to form a redevelopment area known as the South Carlsbad Coastal Redevelopment Area (SCCRA), the boundaries for which include the power plant property. In July of 2000, the Redevelopment Plan (Plan) for the SCCRA was adopted. One of the goals of the Plan was to convert the utility/industrial land west of the railroad tracks (site of existing power plant) to another more appropriate land use that would 1) provide greater benefit to the community, 2) would eliminate the possibility of an intensification of utility/industrial applications at the site, and 3) enhance coastal access. A land use analysis indicates that a power plant on coastal property is not necessary and/or not appropriate for redevelopment purposes, and that an alternate land use strategy is needed for the area to eliminate the blighting conditions and provide additional community benefit. In September 2007, NRG submitted an application to the California Energy Commission to build a new power plant on the existing power plant property with no guarantees that the existing power plant would be decommissioned and demolished anytime soon. The proposed PageS project is not supported by the Carlsbad Redevelopment Agency because it will not eliminate the existing blighting conditions (for existing plant) and new blighting conditions will be created with the new project. Through the Carlsbad Redevelopment Agency, the Housing and Redevelopment Commission serves as an administrative arm of the State to promote important State policies relating to the elimination of blight, providing jobs, and developing affordable housing. The Commission has previously found that the existing power plant creates blighting conditions in the community through its noxious emissions, 400-foot stack looming over residential areas, parks, and beaches, and use of hazardous materials on the property. It is the statutory duty of the Commission to ensure that those blighting conditions are eliminated through its enforcement of the redevelopment plan, and that new blighting conditions are not created/established as a result of new projects such as the proposed power plant. Since 2008, the City of Carlsbad has approved and funded through the City's General Fund $1.5 million to pay for costs related to all legal and other related actions to respond to, and/or establish opposition to, the application submitted to the California Energy Commission by NRG for a new power plant on property located within the SCCRA. To prevent additional blighting conditions and to encourage the elimination of existing blight within the SCCRA, these costs are necessary to implement the related redevelopment plan and are consistent with the five year implementation plan adopted for the SCCRA in 2005. Since the SCCRA does not yet have adequate tax increment to pay for said costs, the Commission is requesting that the initial $1.5 million funded by the General Fund (which includes costs incurred to date) be considered a loan from the City to cover said costs until such time as the Agency may receive adequate tax increment funds to repay said loan. This loan shall constitute an indebtedness of the Housing and Redevelopment Commission and shall be repaid according to the Cooperation, Reimbursement and Repayment Agreement between the Council and Commission last amended in July 2009. Staff is recommending that the City Council approve the loan to the Housing and Redevelopment Commission (SCCRA project area) in the total amount of $1.5 million and that the Commission accept said loan, for the funds advanced to pay the costs related to the legal and other related actions to respond to, and/or establish a defense against, the proposed new power plant within the SCCRA. This loan shall become a debt of the SCCRA. FISCAL IMPACT: The SERAF payment from the Carlsbad Redevelopment Agency is $ 1,350,538 for Fiscal Year 2009-10. The payment will be paid from the Redevelopment Agency's Debt Service Fund to the County of San Diego as mandated by the State of California, and subject to final disposition of the lawsuit challenging said payment. The Agency has adequate non-housing funds available to make said SERAF payment. There will be no impact on the City's General Fund. To date, a total of $1.5 million in funds have been incurred by the City Council on behalf of the Housing and Redevelopment Commission to pay for costs related to implementation of the SCCRA Plan for all legal and other related actions to respond to, and/or establish opposition to, the application submitted by NRG to the California Energy Commission for a Page 4 new power plant within the SCCRA. Since there are inadequate tax increment funds generated within the SCCRA to cover said costs at this time, the Commission has requested that the funds be provided in the form of a loan from the City Council to be repaid at a later date by the Commission according to the Cooperation, Reimbursement and Repayment Agreement approved for redevelopment implementation efforts in both the Village and SCCRA. The loan shall become an indebtedness of the SCCRA. ENVIRONMENTAL IMPACT: The actions set forth above do not qualify as a "project" under the California Environmental Quality Act (CEQA) per State CEQA Guidelines Section 15378 in that they do not have the potential to result in a direct or reasonable foreseeable indirect adverse physical impact on the environment. EXHIBITS: 1. Housing and Redevelopment Commission adopt Resolution No. 485 authorizing the Finance Director to appropriate $ 1,350,538 and make a payment from the Village Project Area of Redevelopment Agency's Debt Service Fund to the County of San Diego for the 2009-10 Supplemental Education Revenue Augmentation Fund (SERAF) as mandated by the State of California, and subject to final disposition of the lawsuit challenging said mandated SERAF payment. 2. Housing and Redevelopment Commission Resolution No. 486 accepting a loan in the amount of $1.5 million for funds advanced by the City of Carlsbad to the Carlsbad Redevelopment Agency (South Coastal Carlsbad Project Area) to initially and subsequently pay for costs related to all legal and other related actions to respond to, and establish opposition to, the application submitted to the California Energy Commission by Cabrillo Power for a new power plant on property located within the SCCRA. 3. City Council Resolution No. 2010-097 authorizing the Finance Director to make an advance from the General Fund to the South Coastal Carlsbad Project Area of the Carlsbad Redevelopment Agency (SCCRA) in the amount of one million five hundred thousand dollars ($1.5 million) to initially and subsequently pay for costs related to all legal and other related actions to respond to, and establish opposition to, the application submitted to the California Energy Commission by Cabrillo Power for a new power plant on property located within the SCCRA. 4. Correspondence from State Department of Finance regarding required SERAF payment for Fiscal Year 2009-10. 1 RESOLUTION NO. 485 2 A RESOLUTION OF THE HOUSING AND REDEVELOPMENT COMMISSION OF THE CITY OF 3 CARLSBAD, CALIFORNIA, AUTHORIZING 2009-10 4 PAYMENT TO THE SERAF FUNDS AS DIRECTED BY THE STATE OF CALIFORNIA AND APPROPRIATING SAID 5 FUNDS 6 WHEREAS, the State of California adopted legislation as part of its 2009 budget 7 requiring the Carlsbad Redevelopment Agency to deposit payments into the 8 Supplemental Educational Revenue Augmentation Fund (SERAF); and 9 WHEREAS, the adopted legislation requires redevelopment agencies to shift 10 property tax revenues to the State for funding of K-12 schools and community colleges 11 during the 2009-10 and 2010-11 fiscal years; and 12 WHEREAS, in accordance with this legislation, the Carlsbad Redevelopment Agency must make a payment of $1,350,538 in 2009-10 to the SERAF, unless a court finds that the payment required by the State of California is unconstitutional and/or not 16 otherwise required to be made; and 17 WHEREAS, said payment as determined by the State Director of Finance must 18 be made to the County of San Diego Auditor for deposit into the SERAF on or before 19 May 10, 2010, unless the legal challenge noted above is successful. 20 NOW, THEREFORE, BE IT RESOLVED by the Housing and Redevelopment 21 Commission of the City of Carlsbad, California, as follows: 22 1. That the above recitations are true and correct.23 24 2. That the Finance Director is authorized to appropriate $1,350,538 from the 25 Village Project Area of the Redevelopment Agency's Debt Service Fund to 26 the County of San Diego for the 2009-10 Supplemental Education Revenue 27 28 1 Augmentation Fund (SERAF) as mandated by the State of California, and 2 subject to final disposition of the lawsuit challenging said mandated payment. 3 3. That the Finance Director is instructed to make no payment prior to May 10, 4 2010 in the event that a decision on the lawsuit challenging said payment is 5 made prior to that time. 6 4. If the court finds that the payment is unconstitutional and should not be made to the State, then the Finance Director is authorized to withhold payment until 9 further notice. 10 // 11 // 12 // 13 // 14 15 16 17 18 " 19 // 20 // 21 // 22 // 23 „ 24 25 26 27 28 ?y- 1 PASSED, APPROVED AND ADOPTED at a Special Meeting of the Housing and 2 Redevelopment Commission of the City of Carlsbad on the 27th day of April, 2010, by the following vote, to wit: 4 5 AYES: Commissioners Kulchin, Hall, Packard, Blackburn 6 NOES: None 7 ABSENT: Commissioner Lewis8 9 10 11 _ CLAUDE A. LteMS, CHAIRMAN 12 Ann J. KulchinVvice-Chair 13 ATTEST: 14 15 16 L4SA HILDABRAND, SECRETARY (SEAL) 17 " 18 -„••-*.•- j /ESTABLISHED \\ 19 |1A 1970 20 21 22 23 24 25 26 27 28 1 RESOLUTION NO. 486 2 A RESOLUTION OF THE HOUSING AND REDEVELOPMENT COMMISSION OF THE CITY OF 3 CARLSBAD, CALIFORNIA, ACCEPTING A LOAN FROM 4 THE CITY COUNCIL IN THE AMOUNT OF $1.5 MILLION FOR FUNDS ADVANCED FOR IMPLEMENTATION OF 5 THE SCCRA PLAN RELATED TO ALL LEGAL COSTS AND OTHER RELATED ACTIONS TO RESPOND TO, AND 6 ESTABLISH OPPOSITION TO, THE APPLICATION SUBMITTED TO THE CALIFORNIA ENERGY 7 COMMISSION FOR A NEW POWER PLANT ON PROPERTY WITHIN THE SCCRA. 8 9 WHEREAS, in 2007, NRG submitted an application to the California Energy 10 Commission to build a new power plant on the existing power plant property with no 11 guarantees that the existing power plant would be decommissioned and demolished; 12 and 13 WHEREAS, the site of the new proposed as well as the existing power plant is 14 located on property within the boundaries of the South Carlsbad Coastal 15 Redevelopment Area (SCCRA); and 16 WHEREAS, the proposed new power plant is not supported by the Housing and 17 Redevelopment Commission because it will not eliminate the existing blighting 18 conditions (for the existing plant) and new blighting conditions will be created if the 20 proposed plant is constructed on said site; and 21 WHEREAS, the initial and subsequent legal and other related costs to respond 22 to, and/or establish a defense against, the application submitted by NRG to the 23 California Energy Commission for said new power plant shall be paid for by the Carlsbad Redevelopment Agency with funds loaned to said Agency from the City of 25 Carlsbad pursuant to a Cooperative Agreement approved by the Council and 26 Commission on August 7, 2001; and 27 // 28 1 WHEREAS, implementation activities by the Carlsbad Redevelopment Agency to 2 eliminate blight and blighting conditions as related to the power plant property and to 3 participate in future redevelopment of said site are consistent with the SCCRA Five- 4 Year Implementation Plan approved by the Housing and Redevelopment Commission in 5 2005; 6 WHEREAS, the City Council has approved advances to the Carlsbad 7 Redevelopment Agency to cover said costs for said opposition to the application for the 8 9 subject power plant project, and desires to provide these advanced funds in the form of 10 a loan to the Housing and Redevelopment Commission which shall become a debt of 11 the Carlsbad Redevelopment Agency for implementation of the SCCRA Plan. 12 NOW, THEREFORE, BE IT RESOLVED by the Housing and Redevelopment 13 Commission of the City of Carlsbad, California, as follows: 14 1. That the above recitations are true and correct. 15 2. That the Finance Director is authorized to accept a loan from the City Council 16 in the amount of $1.5 million on behalf of the Carlsbad Redevelopment 18 Agency for fund advances and other approved appropriations for initial and 19 subsequent costs related to implementation activities within the South 20 Carlsbad Coastal Redevelopment Area related to the opposition to the 21 application submitted to the California Energy Commission for a new power 22 plant on property within the South Carlsbad Coastal Redevelopment Area. 23 3. That the Finance Director is authorized to advance said funds for the noted 24 costs related to the defense against the proposed power plant project. 25 26 27 28 1 4. That said loan from the City Council to the Housing and Redevelopment 2 Commission for said implementation costs for the South Carlsbad Coastal Redevelopment Area shall constitute an indebtedness of the Housing and 4 Redevelopment Commission and shall be repaid according to the terms of the 5 Cooperative Agreement approved by the Council and Commission on August 6 7,2001.7 8 " 9 " 10 // 11 // 12 // 13 // 14 // 15 // 16 // 17 18 " 19 " 20 // 21 // 22 // 23 // 24 // 25 // 26 27 28 1 PASSED, APPROVED AND ADOPTED at a Special Meeting of the Housing and 2 Redevelopment Commission of the City of Carlsbad on the 27th day of April, 2010, by 3 the following vote, to wit: 4 5 AYES: Commissioners Kulchin, Hall, Packard, Blackburn 6 NOES: None 7 ABSENT: Commissioner Lewis8 9 10 11 CLAUDE A. 1/eWlS, CHAIRMAN 12 Ann J. Kulchin, Vice-Chair 13 ATTEST: 14 15 16 LIS'A HILDABRAND, SECRETARY (SEAL) 17 18 ,.15 £ £: ESTABLISHED \| t- 19 20 21 22 23 24 25 26 27 28 p vi/. .. \^-'" '• V '. ' 1 RESOLUTION NO. 2010-097 2 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, AUTHORIZING A LOAN FROM 3 THE CITY COUNCIL TO THE HOUSING AND 4 REDEVELOPMENT COMMISSION IN THE AMOUNT OF $1.5 MILLION TO COVER FUNDS FOR 5 IMPLEMENTATION OF THE SCCRA PLAN RELATED TO ALL LEGAL COSTS AND OTHER RELATED ACTIONS TO 6 RESPOND TO, AND ESTABLISH OPPOSITION TO, THE APPLICATION SUBMITTED TO THE CALIFORNIA 7 ENERGY COMMISSION FOR A NEW POWER PLANT ON PROPERTY WITHIN THE SCCRA. 8 g WHEREAS, in 2007 NRG submitted an application to the California Energy 10 Commission to build a new power plant on the existing power plant property with no 11 guarantees that the existing power plant would be decommissioned and demolished; 12 and 13 WHEREAS, the site of the new proposed as well as the existing power plant is 14 located on property within the boundaries of the South Carlsbad Coastal 15 Redevelopment Area (SCCRA); and 16 WHEREAS, the proposed new power plant is not supported by the City Council 17 or the Housing and Redevelopment Commission because it will not eliminate the 18 existing blighting conditions (for the existing plant) and new blighting conditions will be 20 created if the proposed plant is constructed on said site, and said site is no longer 21 appropriate for this heavy industrial use; and 22 WHEREAS, the initial and subsequent legal and other related costs to respond 23 to, and/or establish opposition to, the application submitted by NRG to the California Energy Commission for said new power plant shall be paid for by the Carlsbad 25 Redevelopment Agency with funds loaned to said Agency from the City of Carlsbad 26 pursuant to a Cooperative Agreement approved by the Council and Commission on 27 August 7, 2001; and 28 1 // 2 WHEREAS, the City Council has previously approved and may approve additional advances to the Carlsbad Redevelopment Agency to cover said costs for said 4 defense against the application for the subject power plant project, and desires to 5 provide these advanced funds in the form of a loan to the Housing and Redevelopment 6 Commission which shall become a debt of the Carlsbad Redevelopment Agency for 7 implementation of the SCCRA Plan.8 9 NOW, THEREFORE, BE IT RESOLVED by the Housing and Redevelopment Commission of the City of Carlsbad, California, as follows: 11 1. That the above recitations are true and correct. 1 ?2. That the City Council hereby authorizes the Finance Director to make an advance from the General Fund to the South Coastal Carlsbad Project Area 14 of the Carlsbad Redevelopment Agency (SCCRA) in an amount not to exceed 15 $1.5 million for initial and subsequent costs related to implementation 16 activities within the South Carlsbad Coastal Redevelopment Area related to 10 opposition to the application submitted to the California Energy Commission1 o 19 for a new power plant on property within the South Carlsbad Coastal 20 Redevelopment Area. 21 // 22 // 23 24 25 26 27 28 1 3. That said loan from the City Council to the Housing and Redevelopment 2 Commission for said implementation costs for the South Carlsbad Coastal Redevelopment Area shall constitute an indebtedness of the Housing and 4 Redevelopment Commission and shall be repaid according to the terms of the 5 Cooperative Agreement approved by the Council and Commission on August 6 7,2001.7 8 " 9 10 // 11 // 12 // 13 // 14 // 15 16 17 18 " 19 20 // 21 // 22 // 23 // 24 // 25 26 27 28 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 PASSED, APPROVED AND ADOPTED at a Joint Special Meeting of the Carlsbad City Council and Carlsbad Housing and Redevelopment Commission, held on the 27th day of April, 2010, by the following vote to wit: AYES: NOES: ABSENT: Council Members Kulchin, Hall, Packard, Blackburn None Mayor Lewis CLAUDE A LVEWIS, Mayor Ann J. Kulchin, Mayor Pro-Tern ATTEST: Jity Clerk (SEAL) Karen R. Kundtz, Assistant City Clerk EXHIBIT 4 DEPARTMENT OF 0 I~~ lv/Vllr"1*" ARNOLD SCHWARZENEGGER, GOVERNOR *./FO(* §•* | |^| ^"^ 1^1 !••• ^H STATE CAPITOL • ROOM 1 145 • SACRAMENTO CA • 95B 14-4998 • WWW.OOF.CA.I3OV OFFICE OF THE DIRECTOR November 13, 2009 TO ALL COUNTY AUDITORS, REDEVELOPMENT AGENCIES, AND THEIR LEGISLATIVE BODIES: Chapter 21, Statutes of 2009, requires redevelopment agencies to shift $1.7 billion in property tax revenues to K-12 schools during the 2009-10 fiscal year via the Supplemental Educational Revenue Augmentation Funds (SERAF) that the Qhapter created in each county. The Director of Finance is required to determine the amount each redevelopment agency shall transfer to the SERAF, and is further required to notify each redevelopment agency and legislative body of those amounts. In accordance with the above requirements, the attached document provides the amount determined for your redevelopment agency. Each redevelopment agency must allocate the specified amount to the county auditor-controller for deposit into the SERAF on or before May 10, 2010. By March 1, 2010 the legislative body shall either report to the county auditor-controller how the redevelopment agency intends to fund its SERAF obligation, or report that the legislative body intends to fund the SERAF obligation on behalf of the redevelopment agency pursuant to Section 33692 of the Health and Safety Code (HSC). If a redevelopment agency determines that it will not be able to allocate to the SERAF the full amount required, it may enter into an agreement with its legislative body by February 15, 2010, for the legislative body to fund either the full SERAF obligation, or a portion thereof. Alternatively, pursuant to HSC Section 33690 (c), a redevelopment agency that makes a finding that insufficient monies are available to fund its SERAF obligation may borrow from monies contained in its Low and Moderate Income Housing Fund. Redevelopment agencies also may borrow from the amount otherwise required to be remitted in 2009-1 0 to its Low and Moderate Income Housing Fund. All borrowed funds must be fully repaid by June 30, 2015. If you have any questions regarding this matter, please contact Chris Hill, Principal Program Budget Analyst, at (916) 322-2263. MICHAEL C. GENEST Director By: ANA MATOSANTOS Chief Deputy Director Attachment I'C Redevelopment Agency Name 2009-10 Redevelopment Agency SERAF Shift Health and Safety Code Section 33690 2006-07 Tax Increment Net of Pass- Throughs 2006-07 Gross Tax Increment 850,000,000 on Net Tax Increment Based on Net Factor (0.2261168310) 850,000,000 on Net Tax Increment Based on Gross Factor (0.1793855082)Total SERAF San Diego County ;San Diego County Redevelopment Agency 1,927,4511 12,090,894! 2,365,5971 "32^622,715!" 1,993,003! 1375437245! 2,735,140i 435,829! "273379551" 534,9011 357,516 "27429,46"2 490,644 793,345[ 5,163,417) 1,025,546! 13,70078821 4,998,557! 2,6' 67,492 If 1,082,107! 'Community Development Commission of the City of National City 'Lemon Grove Redevelopment Agency I Poway Redevelopment Agency 36,011,865i '13,8184,948! 7,40p62j 2,706,377;,...„,_., 7,240,8751 "2,507798'r~~ 6,460,007 21490758 T, 328,163 485,485 16T845T934 ; El Cajpn Redevelopment Agency Imperial §each Redevelopment Agency ILa Mesa Community Redevelopment Agency 5,923,169! 2,638,559; 4i,459;678J ""7,586,810!" 596,623! " 9^374,731 f• San Marcos Redeyeloprnent Agency iSantee Community peveloprnent Comrnission 'Solana Beach Redevelopment Agency I Vista Community Development Commission 11,615787j 127,426/171! " "8'968,323j" 879317739;' 3,330,530; 19,648^9271 12',556;252! 612,5551 15,647,822' 149,^263j" """"'87968,"323'j" 100,0571 2,626,5251 " 28^813,202 f 109,883 2,806,993 "2678897755 209,941] 5,433,517! i Redevelopment Agency of the City of San Diego* pceanside Cornrnunity Development: Commission City of Chuia Vista Redevelopment Agency Carlsbad Redevelopment Agency ;Cprnmunity bevelopment Commission of"the City of Escondido : Community peveiopment Agency of the City of Cprpriado 11,935,6211 3.330,5301 12,550,252 2,027,8891 ~276l 9^617'f 753,089 j " 4,442,953'" 2,837,823 2,14l077 597,449 4,113,273 2,251,333 55,702,957! "'3,636^6761 "4,160,6'94'i 1,350,538! 8,556,226 5,089,157