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HomeMy WebLinkAbout86-05PLANNING COMMISSION RESOLUTION NO. 86-5 RESOLUTION OF THE PLANNING COMMISSION OF THE CITY OF DANVILLE MAKING ITS REPORT AND RECOMMENDATIONS ON THE PROPOSED CHANGES TO THE REDEVELOPMENT PLAN FOR THE DOWNTOWN REDEVELOPMENT PROJECT WHEREAS, the Community Development Agency of the C'i%y of Danville (the "Agency") submitted to the Planning Commission of the City of Danville a proposed Redevelopment Plan (the "Redevelopment Plan") for the Downtown Redevelopment Project (the "Project"); and WHEREAS, by Resolution No. 86-3, adopted on March 4, 1986, the Planning Commission of the City of Danville (the "Planning Commission") made certain findings regarding the proposed Redevelopment Plan and reported and made recommendations to the Agency regarding the Redevelopment Plan and recommended the approval and adoption of such Redevelopment Plan; and WHEREAS, by Resolution No. 86-4 adopted on May 27, 1986, made its report and recommendations on changes to the Redevelopment Plan; and WHEREAS, the Agency wishes to maker certain additional changes to such Redevelopment Plan; and WHEREAS, Section 33363.5 of the California Community Redevelopment Law (Health and Safety Code Section 33000 et seq.) provides that, prior to adoption of a redevelopment plan, the legislative body, upon recommendation of the agency, may change such plan after receipt of a report and recommendation by the planning commission; and WHEREAS, the changes have been submitted to the Planning Commission for report and recommendations; NOW, THEREFORE, THE PLANNING COMMISSION OF THE CITY OF DANVILLE DOES RESOLVE AS FOLLOWS: Section 1. The Planning Commission hereby approves the changes to the proposed Redevelopment Plan as shown on Exhibit A, attached hereto and incorporated herein by reference. Section 2. The Planning Commission hereby finds that the changes approved herein do not change the findings, report and recommendations contained in Section 1 and Section 2 of Planning Commission Resolution No. 86-3. Those findings, report and recommendations are incorporated herein by this reference, and the Planning Commission recommends the approval and adoption of said Redevelopment Plan, including the changes. Section 3. The Planning Commission hereby determines that this resolution, together with Planning Commission Res~lutions No. 86-3 and No. 86-4, shall constitute the full and complete report and recommendations of the Planning Commission on the proposed Redevelopment Plan, including the changes. The Planning Secretary shall transmit a certified copy of this resolution to the Community Development Agency of the City of Danville and the City Council of the City of Danville. This resolution together with Planning Commission Resolutions No. 86-3 and No. 86-4 shall be deemed the report and recommendations of the Planning Commission concerning the proposed Redevelopment Plan, including the changes and contemplated public activities thereunder as required by applicable provisions of law. PASSED, APPROVED AND ADOPTED this 1986, by the following vote: 23 day of June AYES: Greenber§, Harvey, Wickline, Vilhauer, Hendricks, Wri§ht NOES: ABSTAIN: Hirsch ABSENT: Chairperson ATTEST: ~cretary / EXHIBIT A CHANGES TO REDEVELOPMENT PLAN FOR THE DOWNTOWN REDEVELOPMENT PROJECT 1. The third paragraph of Section 502 of the Redevelopment Plan is hereby amended to read as follows: "The portion of taxes divided and allocated to the Agency pursuant to subdivision 2 of this Section 502 shall not exceed $87,500,000, which is comprised of: Ila. $78,000,000 for Agency expenditures, except for payments to taxing entities pursuant to Section 33401 of the Community Redevelopment Law and Section 312 of this Plan; plus, "b. $9,500,000 for payments to taxing entities necessary to alleviate financial burden made by the Agency pursuant to Section 33401 of the Community Redevelopment Law and Section 312 of this Plan. "In no event shall the amount of property taxes received by the Agency for expenditures, except for payments to taxing entities pursuant to Section 33401 of the Community Redevelopment Law and Section 312 of this Plan, exceed $78,000,000." 2. The last paragraph of Section 502 of the Redevelopment Plan is hereby amended to read as follows: "The Agency shall not establish or incur loans, advances or indebtedness to finance in whole or in part the Project beyond twenty (20) years from the date of adoption of this Plan. Loans, advances or indebtedness may be repaid over a period of time beyond said time limit." Exhibit A Page 1 of 1