04/18/1989 - Laserfiche WebLink

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. . . BRISTOL CORRIDOR TAX PASS-THROUGH AGREEMENTS Cynthia Nelson, Executive Director/Community Development Agency, submitted a brief presentation regarding the Bristol Corridor Tax Pass-Through Agreements. She stated that it is a requirement of the California Redevelopment Law that prior to the publication of a notice of public hearing on a redevelopment plan, a consultation regarding the proposed plan and the allocation of tax increment revenues must be held with each taxing agency. Of the 16 agencies, six have provided proof of detriment. Staff has negotiated with the six agencies and agreements have been reached. In response to a question from Agency Member McGuigan regarding the Rancho Santiago Community College District Agreement, Ms. Nelson stated that this agreement provides for a 100 percent pass through of the District's share of tax increment. She added that the District requested certain improvements associated with the Bristol Street widening which would be made regardless of redevelopment activity. Agency Member Acosta asked a question regarding "eligible capital improvements," as noted in page three of the staff report. Ms. Nelson replied that a list of improvements has been identified, however, Agency consent is required if any improvements are changed on the list. Eleven improvements have been identified; they include upgrading the track and erecting classroom facilities at Rancho Santiago and Centennial Park. In response to a question from Agency lIember Norton regarding a time limit tied to the pass-through agreements, Ms. Nelson stated that if the plan is not adopted by June 30,1989, we may have to renegotiate the agreements. If the plan is adopted, the pass-through agreements will be in effect throughout the term of the redevelopment plan. After further discussion, it was moved by Agency Member Griset, seconded by Agency Member May and carried unanimously (6:0) that the Redevelopment Agency Direct the Agency Attorney to prepare and authorize the Chairman and Executive Director to execute tax increment pass-through agreements with Orange County General Fund and Flood Control District, Rancho Santiago Community College, Orange County Water District, Orange County Department of Education, and Santa Ana Unified School District. CONSULTANT AGREEMENT WITH RICHARD LASKIN OF LASKIN & GRAHAM Robert Hoffman, Redevelopment & Real Estate Manager, provided a brief summary regarding the proposed agreement with Richard Laskin. Mr. Hoffman stated that the Redevelopment Agency entered into an agreement with Laskin & Graham in 1986 for the purpose of retaining Richard Laskin as condemnation counsel for property located at the southeast corner of Harbor and McFadden. Mr. Laskin's service is needed for the continuation of litigation regarding acquisition and goodwill issues. -2-