HomeMy WebLinkAboutRDA Reso No 2011-004RESOLUTION NO. 2011-004
A RESOLUTION OF THE REDEVELOPMENT AGENCY
OF THE CITY OF LAKE ELSINORE, CALIFORNIA, IN
OPPOSITION TO THE ADMINISTRATION'S PROPOSAL
TO ABOLISH REDEVELOPMENT AGENCIES IN
CALIFORNIA
WHEREAS, as part of its 2011-12 budget proposal, the Governor has
proposed permanently abolishing California's more than 400 local redevelopment
agencies; and
WHEREAS, this proposal represents more of the same misguided and
illegal State budget raids of local government funds that voters have repeatedly sought
to end, most recently in November 2010 when an overwhelming 61 % of voters elected
to stop State raids of local government funds, including redevelopment funds; and
WHEREAS, this proposal will bring very little financial benefit to the State.
According to the State Controller's Office, redevelopment agencies have more than $87
billion in bond and other contractual obligations that legally must be repaid before
revenues are available to any other purpose. In fact, according to the State Department
of Finance's own budget documents, there will be zero State savings in future years
from shutting down redevelopment; and
WHEREAS, this proposal will destroy local economic development,
including hundreds of thousands of jobs and billions of dollars in local economic activity
throughout California. In fact, in the City of Lake Elsinore, abolishing redevelopment will
destroy economic development, housing and infrastructure programs that have or will
fund projects such as the boat launch facilities, Pottery Court and Lakeview Apartment
affordable housing projects, Historic Downtown improvements, the Diamond Stadium
and the Links at Summerly; and
WHEREAS, throughout California, redevelopment activities support
304,000 jobs annually, including 170,600 construction jobs, contribute over $40 billion
annually to California's economy in the generation of goods and services, and generate
more than $2 billion in state and local taxes in a typical year; and
WHEREAS, eliminating redevelopment will take away one of the few tools
local governments have to comply with state requirements to plan for more compact
urban development supported by transit-oriented development, housing, jobs and
infrastructure; and
REDEVELOPMENT AGENCY RESO. NO. 2011- 004
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WHEREAS, eliminating redevelopment will destroy the development of
affordable housing in California. Redevelopment agencies are the second largest
funder of affordable housing, behind only the federal government, responsible for over
98,000 units of affordable housing since 1993; and
WHEREAS, shutting down redevelopment agencies is a violation of
multiple State and Federal constitutional provisions.
THEREFORE, BE IT RESOLVED that the City of Lake Elsinore formally
opposes the Administration's proposal to abolish redevelopment in California.
THEREFORE, BE IT FURTHER RESOLVED, that the City of Lake
Elsinore authorizes its Redevelopment Agency and City staff to communicate its
opposition to this proposal to the Governor, the Legislature, business groups, and
citizens.
PASSED, APPROVED AND ADOPTED at a regular meeting of the
Redevelopment Agency of the City of Lake Elsinore, California, this 8th day of February,
2011.
MELISSA MELENDEZ, CHAIRWOMAN
APPROVED AS TO/HORM:
LEIBOLD, AGENCY GENERAL COUNSEL
REDEVELOPMENT AGENCY RESO. NO. 2011- 004
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STATE OF CALIFORNIA
COUNTY OF RIVERSIDE
CITY OF LAKE ELSINORE } SS
I, VIRGINIA BLOOM, Agency Secretary of the Redevelopment Agency of the
City of Lake Elsinore, California, hereby certify that Resolution No. 2011- 004 was
adopted by the Redevelopment Agency of the City of Lake Elsinore, California, at a
regular meeting held on the 8th day of February 2011, and that the same was adopted
by the following vote:
AYES: AGENCY MEMBERS: BHUTTA, HICKMAN, MAGEE,
VICE-CHAIR TISDALE AND CHAIRWOMAN MELENDEZ
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE
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VIRG I J. BL
AGEN EC E ARY