RAB - Item 3 - Res No. 99-15 Redevelopment Project GQC
ASSOCIATES,INC.
Memorandum
To: Frank G. Tripepi,
ECONOMIC DEVELOPMENT City Manager
from: Stephen A. Copenhaver, GRC
REDEVELOPMENT Date: June 17, 1999
&abject Resolution No. 99-15 Establishing the Proposed Base
REAL ESTATE CONSULTING Year Assessment Roll It Proposes to Use for
Redevelopment Project Area No. 2; Authorizing the
AFFORDABLE HOUSING Transmittal of a Map, Boundary Description, and a
Statement to Taxing Officials and Agencies; and
Authorizing Payment of a Filing Fee to the State
Board of Equalization
On April 19, 1999, the Rosemead Planning Commission designated the
boundaries of the Redevelopment Project No. 2 and adopted the attached
Preliminary Plan for the redevelopment of the Project Area.
Upon adoption of the Preliminary Plan by the Planning Commission, the Agency
is required to transmit a map of the Project Area boundaries and a legal
description of those boundaries to taxing officials of Los Angeles County and to
the various affected taxing districts. These materials, together with a filing fee of
$2,700.00, are required to be sent to the State Board of Equalization for
processing. The Agency must also establish the base year (the last equalized roll)
it proposes to use for the allocation of taxes for the Project. It is from this base
year that all tax increments are derived. The base year to be used for this Project
will be the August 20, 1999 equalized rolls.
RECOMMENDATION
It is recommended that the Redevelopment Agency adopt the attached Resolution
establishing the proposed base year assessment roll for Project No. 2; authorizing
the transmittal of a map, boundary description, and a statement to taxing officials
and agencies; and authorizing payment of a filing fee to the State Board of
Equalization.
1340 VALLEY VISTA DRIVE
SUITE 20 AGENCY AGENDA
DIAMOND BAR,CA 91765 JU� � ly'99
7.19 091 396-7714 ITEM EM No. 3
F.(909)396-7913
E:q¢assoc@eertblink.net
RESOLUTION NO. 99-15
, A RESOLUTION OF THE ROSEMEAD REDEVELOPMENT
AGENCY ESTABLISHING THE PROPOSED BASE YEAR
ASSESSMENT ROLL IT PROPOSES TO USE FOR
REDEVELOPMENT PROJECT AREA NO. 2; AUTHORIZING THE
TRANSMITTAL OF A MAP, BOUNDARY DESCRIPTION, AND A
STATEMENT TO TAXING OFFICIALS AND AGENCIES; AND
AUTHORIZING PAYMENT OF A FILING FEE TO THE STATE
BOARD OF EQUALIZATION
WHEREAS, the Planning Commission of the City of Rosemead, California (the
'Planning Commission"), has been directed by the Rosemead City Council to select the
boundaries of a redevelopment Project Area from within a redevelopment Survey Area
designated by the City Council and to formulate a Preliminary Plan for the redevelopment
of the Project Area so selected; and
WHEREAS, on April 19, 1999, the Planning Commission designated the
boundaries of the Redevelopment Project Area No. 2 and adopted a Preliminary Plan for
the redevelopment of said Project Area (presented in Exhibit "A" attached hereto); and
WHEREAS, Section 33327 of the California Community Redevelopment Law
(Health and Safety Code Section 33000 et seq.) provides that the Rosemead
Redevelopment Agency (the "Agency") shall transmit to certain taxing officials and
agencies and the State Board of Equalization a map and description of the boundaries of
the Project Area selected by the Planning Commission, together with a statement that a
plan for the redevelopment of the area is being prepared; and
WHEREAS, Section 33328 of the Community Redevelopment Law requires the
Agency to advise such taxing officials and agencies of the base year assessment roll which
the Agency proposes to use for the allocation of taxes pursuant to Section 33670 of the
Community Redevelopment Law.
NOW, THEREFORE, IT IS HEREBY RESOLVED by the Rosemead
Redevelopment Agency as follows:
1. The assessment roll equalized on August 20, 1999, is the assessment roll the
Agency proposes to use for the allocation of taxes to Project Area, the
boundaries of which were selected by the Planning Commission.
2. The Executive Director of the Agency is hereby authorized and directed, to
transmit to the taxing officials and agencies and the State Board of
Equalization, in the form and manner required by law, a map and
description of the proposed boundaries of the Project Area, a statement that
a Plan for redevelopment of the Project Area is being prepared, and advise
of the base year assessment roll which the Agency proposes to use in the
Project Area for the allocation of taxes pursuant to Section 33670 of the
Community Redevelopment Law.
3. The Executive Director of the Agency is hereby authorized to pay to the
State Board of Equalization such fee for filing and processing said
statement and map as may be required pursuant to Section 33328.4 of the
Community Redevelopment Law.
APPROVED AND ADOPTED this 22nd day of June, 1999.
Executive Director
Rosemead Redevelopment Agency
ATTEST:
Secretary Rosemead Redevelopment Agency
I, , Secretary of the Rosemead Redevelopment
Agency DO HEREBY CERTIFY that the foregoing Resolution was duly adopted at a
regular meeting of the Agency held on the 22nd day of June, 1999, by the following roll call
vote:
AYES: AGENCY MEMBERS:
NOES: AGENCY MEMBERS:
ABSENT: AGENCY MEMBERS:
SECRETARY OF THE ROSEMEAD
REDEVELOPMENT AGENCY