HomeMy WebLinkAboutResolution - City Council - 82-015 - 1982-01-12Finance
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RESOLUTION NO. 81-15
A RESOLUTION OF THE COUNCIL OF THE CITY OF
FRESNO FINDING THAT THE EFFECT OF TAX INCREMENT
FINANCING WILL NOT CAUSE A SEVERE FINANCIAL
BURDEN ON ANY TAXING AGENCY DERIVING REVENUES
WITHIN THE AREA OF THE CONVENTION CENTER
REDEVELOPMENT PLAN.
WHEREAS, the Redevelopment Agency of the City of Fresno,
pursuant to Sections 33327 and 33328 of the California Health
and Safety Code, transmitted to the auditor, assessor, and
tax collector of Fresno County, the Fresno County Board of
Supervisors, the Fresno County Free Library District, Fresno
Metropolitan Flood Control District, Fresno Mosquito Abatement
District, Fresno Unified School District, Fresno County
Department of Education, State Center Community College
District, and the State Board of Equalization, a notice of
preparation of a redevelopment plan for the Convention Center
project area, including a statement the Redevelopment Agency
proposes to use the allocation of taxes that will comply with
provisions of Sections 33670 and 33670.5 of the California
Health and Safety Code; and
WHEREAS, the County of Fresno, on November 10, 1981,
pursuant to Section 33353 of the California Health and Safety
Code, called for the creation of a fiscal review committee in
order to assist in the preparation of the report, required
pursuant to Section 33328 of the California Health and Safety
Code, for a redevelopment plan utilizing tax increment
financing; and
WHEREAS, the Fiscal Review Committee for the Convention
Center Redevelopment Plan conducted hearings on December 18,
1981 and December 29, 1981 and all affected taxing agencies
were notified and provided the opportunity to review and comment
upon the fiscal impacts of the proposed plan for the Convention
Center project area; and
WHEREAS, the Fresno Unified School District, Fresno
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Mosquito Abatement District, Fresno County Department of
Education, and the State Center Community College District
have indicated the proposed redevelopment plan would not affect
such agencies; and
WHEREAS, the Fiscal Review Committee for the Convention
Center Redevelopment Project submitted its report on the fiscal
impact of the redevelopment plan on each of the members of the
committee to the Redevelopment Agency on January 5, 1982; and
WHEREAS, staff of the Redevelopment Agency engaged in
additional consultation and negotiation with Fresno County,
Fresno Metropolitan Flood Control District, and Fresno County
Free Library District subsequent to December 29, 1981.
NOW, THEREFORE, THE COUNCIL OF THE CITY OF FRESNO HEREBY
RESOLVES AND FINDS the Convention Center Redevelopment Plan
project shall be financed in part from revenues derived from
the allocation of taxes pursuant to Section 33670 of the
California Health and Safety Code and the effect of tax
increment financing will not cause a severe financial burden
or detriment on any taxing agency deriving revenues from a tax
increment project area.
CLERK'S CERTIFICATION
STATE OF CALIFORNIA )
COUNTY OF FRESNO ) ss.
CITY OF FRESNO )
I, JACQUELINE L. RYLE, City Clerk of the City of Fresno,
certify that the foregoing resolution was adopted by the Council
of the City of Fresno, California, at a regular meeting held on
the 12th day of January__, 1982.
JACQUELINE L. RYLE
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