Report to Mayor and City Council
Tuesday, May 01, 2018
Consent
SUBJECT:
Title
CONSIDERATION OF RESOLUTION NO. 18-058 MAKING AN ELECTION FOR THE CITY OF CARSON TO RECEIVE TAX SHARING PAYMENTS FROM THE CARSON REDEVELOPMENT AGENCY PROJECT AREA NO. 2 - 83 ANNEX (CITY COUNCIL)
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I. SUMMARY
Pursuant to Health and Safety Code Sections 33333.6 (e) (2) and 33607.5, the City of Carson must make an election to receive its share of property tax revenues generated from the Carson Redevelopment Agency project areas. This share represents 25% tax increment pass-through payment authorized by the Health and Safety Code. Staff requests the City Council to approve and adopt attached Resolution No. 18-058 so the City may receive the tax sharing payments.
II. RECOMMENDATION
Recommendation
1. WAIVE further reading and ADOPT Resolution No. 18-058, a "RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARSON, CALIFORNIA, MAKING AN ELECTION TO RECEIVE PAYMENTS PURSUANT TO HEALTH AND SAFETY CODE SECTION 33607.5(b) FROM THE CARSON REDEVELOPMENT AGENCY PROJECT AREA NO. 2 - 83 ANNEX."
2. AUTHORIZE the City Mayor to execute Resolution No. 18-058 after approval as to form by the City Attorney.
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III. ALTERNATIVES
1. MODIFY the resolution and APPROVE as modified.
2. TAKE whatever action the City Council deems appropriate.
IV. BACKGROUND
On December 22, 1982, the City Council approved Ordinance No. 82-628 amending the Redevelopment Plan for Project Area 2. Referred to as 1983 Plan Amendment, the ordinance amended the plan by adding approximately 50 acres to the original project area 2. The key properties in this annexed territory are the Avalon Green condominium development and the Village Shopping Center.
In 1982, the then Carson Redevelopment Agency entered into an agreement with the Los Angeles County in accordance with Section 33401 of the Health and Safety code. These payments, also called pass-through payments, alleviate the financial burden caused by the redevelopme...
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