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HomeMy WebLinkAboutRES NO RA004-11RESOLUTION NO. 0 15 - 1 1/ tV, 0 O 4. 1 1 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BAKERSFIELD APPROVING THE PROVISION OF ASSISTANCE BY THE BAKERSFIELD REDEVELOPMENT AGENCY FOR THE INSTALLATION OF PUBLIC IMPROVEMENTS RELATED TO THE RABOBANK ARENA AND CONVENTION CENTER PROJECT AND THE 18TH AND EYE STREET PARKING STRUCTURE PROJECT (DOWNTOWN REDEVELOPMENT PROJECT AREA). WHEREAS, the City of Bakersfield, by Ordinance No. 2033, adopted the Downtown Redevelopment Plan and Project (the "Project") for the Downtown Redevelopment Project Area ("Project Area") on August 14, 1972 and amendments, November 25, 1974, August 30, 1976, and December 12, 1979; and WHEREAS, the Bakersfield Redevelopment Agency ("Agency"), is implementing the Plan, pursuant to the California Redevelopment Law, and is receiving tax increment from the Project Area; and WHEREAS, the City of Bakersfield seeks the installation of improvements to two public facilities known and the Rabobank Arena and Convention Center and the 18th and Eye Street Parking Garage to install related improvements on the Property (collectively known as the "Projects"); and WHEREAS, the Implementation Plan for the Downtown Redevelopment Project Area contains a section entitled Capital Improvements Plan, wherein it is stated that the Project Area through the use of redevelopment funds upgrade the existing aged and/or deteriorated infrastructure systems including public buildings; and WHEREAS, Health & Safety Code Section 33445 requires that a redevelopment agency may, with the consent of the legislative body, pay for all or a part of the value of the cost of the installation, and construction of any building, facility, structure, or other improvement which is publicly owned, if the legislative body makes certain findings; and WHEREAS, Health & Safety Code Section 33679 requires that the legislative body hold a public hearing before a redevelopment agency commits to use a portion of tax increment for the purpose of paying all or a part of the value of land for, assists in the development of a public facility, and/or the cost of the installation and construction of any publicly owned building; and WHEREAS, pursuant to Health & Safety Code Section 33679, the City and Agency made available to the public a Summary Report on the Projects, dated January 31, 2011 ("Summary Report"), which includes; (a) a description of the Rabobank Arena and Convention Center Project and 18th and Eye Street Parking Structure Project; (b) a explanation of the sources of public funds necessary to finance the development of the Project, including an estimate of the amount of taxes proposed to pay for ~AkFy~ 1 ORIGINAL development of the Project; (c) facts supporting the determinations to be made by the City herein; and (d) an explanation of why the Projects will assist in the elimination of blight and primarily benefit the Downtown Redevelopment Project Area; and WHEREAS, pursuant to Health & Safety Code Sections 33431, 33434 and 33679, the public hearing was advertised once a week for two successive weeks in a newspaper of general circulation in the community prior to the hearing; and WHEREAS, Health & Safety Code Sections 33445 and 33678 requires that the City Council make certain findings with respect to the provision of redevelopment agency assistance for publicly owned improvements; and NOW, THEREFORE, BE IT RESOLVED: Section 1, Providing the installation of public improvements to upgrade or replace the existing aged and/or deteriorated public facilities is an important goal identified in the Downtown Bakersfield Redevelopment Plan and its Implementation Plans as a means of eliminating blight. The Community Redevelopment Law provides the Agency with the authority to ameliorate blighting conditions and to convey property to public bodies for public purposes. Section 2. The City Council of the City of Bakersfield hereby finds and determines: A. The proposed Rabobank Arena and Convention Center and 18th and Eye Street Parking Structure Projects are of primary benefit to the Downtown Bakersfield Redevelopment Project Area, B. No other reasonable means of financing the Projects are available to the community, C. The payment of funds for the installation of improvements to the publicly owned facilities consisting of the Rabobank Arena and Convention Center and 18th and Eye Street Parking Structure Projects will assist in the elimination of one or more blighting conditions inside the Downtown Bakersfield Redevelopment Project Area, D. The Agency shall use up to $564,700 from the Agency's Tax Increment Fund to be used to fund a portion of the improvements to the Rabobank Arena and Convention Center and the 18th and Eye Street Parking Structure. E. The Implementation Plan for the Downtown Bakersfield Redevelopment Project contained a Capital Improvements Plan which identified the removal of blighting influences through the installation of improvements to public facilities a goal of the Redevelopment Agency and the community. 2 m v r ORIGINAL F. The Rabobank Arena and Convention Center Project and the 18th and Eye Street Parking Structure are in compliance with, and such tax increment use is consistent with, the Downtown Redevelopment Plan and its Five Year Implementation Plan HEREBY CERTIFY that the foregoing Resolution was passed and adopted by the Council of the City of Bakersfield at a regular meeting thereof held on FEB 1 6 2011 by the following vote: 42: COUNCILMEMBER CO CH, SA AS, BENH M, WEIR, HANSON, SULLIVANJChv%' t~ COUNCILMEMBER ABSTAIN; COUNCILMEMBER hm&- ABSENT: COUNCILMEMBER Aa\\' FEB 6 2011 APPROVED as to form: VIRGINIA GENNARO City Attorney V~1~ iz g I/ ROBERTA GAFFORD CITY CLERK and Ex Officio Clerk of the Council of the City of Bakersfield OSHUA H. RUDNICK Deputy City Attorney II 3 O~~AKF~J' i-- m v , ORIGINAL MAYOR of the City of Bakersfield SUMMARY REPORT Pursuant to Section 33679 of the California Community Redevelopment Law on the proposed Improvements to the Rabobank Arena and Convention Center and the 18th and Eye Street Parking Structure DOWNTOWN BAKERSFIELD REDEVELOPMENT PROJECT AREA AKe, rn U r- ORIGINAL SUMMARY REPORT Pursuant to Section 33679 of the California Community Redevelopment Law on the proposed Improvements to the Rabobank Arena and Convention Center and the 18th and Eye Street Parking Structure INTRODUCTION The California Community Redevelopment Law (Health & Safety Code Sections 3300 et sea.) allows redevelopment agencies, with the consent of the legislative body, to pay all or a part of the cost of the installation and construction of any building, facility structure, or other improvements that is publicly owned and is located inside or contiguous to the project area, if the legislative body determines all of the following: (1) That the acquisition of land or the installation or construction of the buildings, facilities, structures, or other improvements that are publicly owned are of benefit to the project area by helping to eliminate blight within the project area or providing housing for low- or moderate-income persons; (2) That no other reasonable means of financing the acquisition of the land or installation or construction of the buildings, facilities, structures, or other improvements that are publicly owned, are available to the community; and (3) That the payment of funds for the acquisition of land or the cost of buildings, facilities, structures, or other improvements that are publicly owed is consistent with the implementation plan adopted pursuant to Section 33490. As part of the public hearing process, a Summary Report is required to be prepared, and be made available for public inspection and copying, which contains the following information: (a) Estimates of the amount of the taxes proposed to be used to pay for the land and construction of any publicly owned building, including interest payments. (b) Sets for the facts supporting the determination required to be made by the legislative body pursuant to Section 33445 or the findings required to be made by the legislative body pursuant to Section 33445.1; and _m OPIGINAI~ (c) Sets for the redevelopment purpose for which the taxes are being used to pay for the land and construction of the publicly owned building. This Summary Report outlines the significant parts of the proposed improvements to the publicly owned facilities - Rabobank Arena and Convention Center and the 18th and Eye Street Parking Structure. The Summary Report also describes the proposed manner of financing the Projects, including the amount of tax increment dollars involved, as well as the lack of reasonable alternative means of financing. Finally the Summary Report describes the redevelopment purposes achieved by these two projects. This Summary Report is based upon information regarding the projects and other Bakersfield Redevelopment Agency and City Council Resolutions described below. The Summary Report is organized into the following six sections. 1. Description of the Proposed Projects - This section includes descriptions of each project and if any, major financial responsibilities of the Agency and the City. 2. Description of the Benefits to the Project Area from the Projects - This section discusses how the proposed projects will primarily benefit the Downtown Project Area, and also benefit the neighboring environs. 3. Lack of Reasonable Alternative Means of Financing the Projects - This section describes the methods of financing proposed for the Projects and explains why there are no reasonable alternative means of financing the Project without Agency assistance. Also included in this section are the estimates of taxes and tax increment monies to be used to pay for the projects. 4. Elimination of Blight - This section provides an explanation of how the Project will assist in the elimination of blight in the Downtown Redevelopment Project Area. 5. Consistency with the Implementation Plan - This section includes an explanation of how the Projects are consistent with the goals and objectives of the Downtown Bakersfield Project Area Implementation Plan. II. DESCRIPTION OF THE PROPOSED PROJECTS The improvements to the Rabobank Arena and Convention Center located at 1000 Truxtun Avenue shall consist, but not be limited to, the replacement of the dilapidated boilers used for heating of the facility, lighting retrofit, abatement of asbestos, and the removal and replacement of a transformer. The equipment being replaced is antiquated and aged from twelve to fifty years. The old equipment is not up to either EPA nor San Joaquin Valley APCD standards and must be replaced. The installation of the improvements will provide for the elimination of blight within the Downtown Redevelopment Project Area by the removal of a dilapidated boiler cj, (i KF9 F' m V r ORIGINAL the retrofit of existing lighting to provide safety for the community at the publicly owned facility. The improvements to the 18th and Eye Street Parking Garage located at 1600 18th Street, shall consist, but not be limited to, the installation of security cameras in the publicly owned facility. The cameras installed will protect the community from theft and vandalism and provide for the elimination and deterrence of blight within the Downtown Redevelopment Project, The financial investment to assist in the improvements to the projects from the Bakersfield Redevelopment Agency will be $564,700 III. DESCRIPTION OF THE BENEFITS TO THE PROJECT AREA FROM THE PROJECTS The Downtown Project Area shall benefit from both projects by the elimination of blighting conditions to two publicly owned facilities. The replacement of the dilapidated boilers and lighting retrofit at the Rabobank Arena and Convention Center will further better serve the public and surrounding community by ensuring the removal of blighting influences within the downtown area. The installation of security cameras at the 18th and Eye Street Parking Garage will assist in the elimination of blight by deterring vandalism and graffiti in downtown. The public facility provides parking to employees and clients of nearby businesses. The cameras will ensure the deterrence of blighting influences within the downtown area. IV. LACK OF REASONABLE ALTERNATIVE MEANS OF FINANCING THE PROJECTS The City and Agency have worked cooperatively in leveraging local public dollars to the maximum. The challenge in financing projects in the current economic conditions continues. The budget not only locally but statewide continues to be an issue in financing projects; including those that benefit the public through the elimination of blight. No other reasonable means of financing or City funds are available at this time to finance the Projects from the City, o``gAKF~~ m U r O ORIGINAL V. ELIMINATION OF BLIGHT The Agency adopted the Redevelopment Plan for the Downtown Bakersfield Redevelopment Project in August of 1972, and amended in 1974, 1976, and 1979 for the specific purpose of eliminating blighting influences within the 225 acres the Project covers. Goals and objectives within the Redevelopment Plan include the rehabilitation or installation security devices to eliminate blighting influences to public facilities. VI. CONSISTENCY WITH THE IMPLEMENTATION PLAN The Implementation Plan for the Downtown Bakersfield Redevelopment Project Area states that taken together, the projects described above will encourage the cooperation and participation of Project Area property owners, public agencies, and community organizations in the elimination of blighting conditions and the promotion of new or improved development in the Project Area. In addition, the Implementation Plan, subject to appropriate Agency and City findings for the use of redevelopment funds, states Capital Improvements to public infrastructure and facilities projects that involve construction and installation of public improvements to upgrade the existing aged and/or deteriorated infrastructure systems including public buildings and facilities is necessary for effective redevelopment of the Project Area. > m t: r ORIGINAL