2A Public Hearing 2009 0209 - Laserfiche WebLink

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SUMMARY REPORT PURSUANT TO SECTIONS 33445 AND 336'79 OF THE CALIFORNIA COMMUNITY REDEVELOPMENT LAW REGARDING PAYMENT BY THE SAN LEANDRO REDEVELOPMENT AGENCY FOR A PORTION OF THE COST OF CONSTRUCTION OF A SCHOOL GYMNASIUM AND RELATED PUBLIC IMPROVEMENTS OF BENEFIT TO THE ALAMEDA COUNTY-CITY OF SAN LEANDRO JOINT REDEVELOPMENT PROJECT AREA Introduction Section 33445(a) of the California Community Redevelopment Law (California Health and Safety Code Section 33000 et seq.) (the "Redevelopment Law") requires that the legislative body make certain findings prior to a redevelopment agency's expenditure of tax increment funds for public improvements. These findings must show that (1) the public improvements will be of benefit to a redevelopment project area or the immediate neighborhood in which the project is located; (2) no other reasonable method of financing the public improvements is available to the community; (3) the public improvements will assist in the elimination of one or more blighting conditions inside the project area; and (4) the agency's assistance for the public improvements is consistent with the its current five-year implementation plan. Furthermore, in cases where the public improvement is a publicly owned building, Section 33679 of the Redevelopment Law requires the agency to hold a public hearing. For at least two consecutive weeks prior to the hearing, the agency must publish a notice in a newspaper of general circulation. The agency must also make available to the public information outlining (a) estimates of the amount of tax increment funds proposed to be used, including interest payments; (b) the facts supporting the legislative fmdings, as outlined by Section 33445 of the Redevelopment Law; and (c) the redevelopment purpose for which the tax increment funds are to be used. This Summary Report has been prepared in compliance with Sections 33445 and 33679 of the Redevelopment Law. Project Description The San Leandro Unified School District (the "District") is constructing a gymnasium, a three-story classroom building and cafeteria for the Ninth Grade Campus located at 13701 Bancroft Avenue, San Leandro, within the Joint Alameda County-City of San Leandro Redevelopment Project Area (the "Project Area"). Public infrastructure improvements including curbs and gutters, sidewalks, and asphalt improvements to the drop-off area will also be installed. Construction began in November 2008. The City of San Leandro (the "City") and the District contemplate entering into a "Joint Use Agreement" which provides for residents' use of the gymnasium during non-school hours. The San Leandro Redevelopment Agency (the "Agency") and the District contemplate entering into a "Financing Agreement" providing for financial contributions and certain in-kind contributions to the Project from the Agency as specified herein.