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HomeMy WebLinkAboutResolution - 2408 STATE OF CALIFORNIA ) RESOLUTION NO: 2408 COUNTY OF RIVERSIDE)ss CITY OF SAN JACINTO ) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN JACINTO, CALIFORNIA, URGING THE CALIFORNIA LEGISLATURE TO REJECT THE GOVERNOR'S PROPOSED ERAF SHIFT OF REDEVELOPMENT AGENCY FUNDING WHEREAS, the City of San Jacinto is a community of 26,400 people, 25.5 square miles with over 140 miles of roads in semi-rural western Riverside County; and WHEREAS, the City of San Jacinto, pursuant to California Redevelopment Law established the San Jacinto {redevelopment Project on June 28, 1983 and the Soboba Redevelopment Agency in November of 1983; and WHEREAS, the City of San Jacinto established the San Jacinto Redevelopment Plan and the Soboba Redevelopment Plan to address structural blight, economic blight, and housing within the Project Areas; and WHEREAS, the City of San Jacinto and its Redevelopment Project Areas were seriously impacted by the recession that occurred throughout the 1990's and has only recently realized a slow recovery; and WHEREAS, the Redevelopment Agency of the City of San Jacinto strives to address structural blight and economic blight through the use of limited revenues provided through tax increment; and WHEREAS, the Redevelopment Agency has provided assistance to local businesses to improve their buildings through business and fagade grants and loans to address structural blight; and WHEREAS, the Redevelopment Agency has constructed various street, sidewalk, bridge, and other infrastructure improvements to address economic blight within the Redevelopment Plan Areas; and WHEREAS, the Redevelopment Agency has promoted economic development and job creation through funding of programs and projects; and Page 1 of 3 WHEREAS, the reduction in revenues due to the Agency would impact its ability to address structural and economic blight and the creation of jobs for San Jacinto residents and in the long term would be devastating to the ability of the Agency to complete the goals identified in its San Jacinto and Soboba Redevelopment Plans; and WHEREAS, the Redevelopment Agency of the City of San Jacinto already loses over $350,000 annually to the State in ERAF transfers; and WHEREAS, continued and expanded ERAF transfers may impact the Agency's ability to meet its existing financial commitments; and WHEREAS, the Governor proposes taking additional ERAF from redevelopment agencies, which would further compound the financial difficulties of the City of San Jacinto; and WHEREAS, the City of San Jacinto would have no choice but to reduce services and completing of programs and infrastructure projects; and WHEREAS, California Redevelopment Law imposes requirements that redevelopment agencies must follow and provides for the revenues from tax increment be used in the areas, which they are generated; WHEREAS, shifting locally controlled Redevelopment tax increment revenues for local services, programs, and projects is neither equitable nor fair. No State program or department has been asked to shoulder such a disproportionate share of the budget pain. These cuts come on top of the nearly $5 Billion each year that is transferred from local services to fund State obligations. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City San Jacinto, California, urge the Legislature to support keeping Redevelopment tax increment funds at the local level to serve the residents like those in the City of San Jacinto through the provision of services, programs, construction project, and the development of jobs and low and moderate income housing, and BE IT FURTHER RESOLVED, that the City of San Jacinto hereby expresses it profound appreciation to the legislators who support the use of Redevelopment tax increment funds to improve local communities, Page 2 of 3 APPROVED and ADOPTED this 20th day of January, 2003, by the following vote: Ayes: Conner, Shaw, Carlson-Buydos Nays: None Absent: Ayres, Stubblefield Abstain: None City of an4gcinto by Chris Carl -Buydos, Vice Mayor ATTEST: r( Dorothy L. houinard, City Clerk Page 3 of 3