Minutes 1993 0628 - Laserfiche WebLink

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Minutes - Joint San Leandro City Council/ Page - 20 - San Leandro Redevelopment Agency/ Alameda County Board of Supervisors Meeting - June 28, 1993 JOINT PUBLIC HEARING (continued) Mayor Faria asked if anyone else desired to make a statement or present testimony concerning the Redevelopment Plan, the Final EIR, or if there were final questions or statements by members of the City Council or the Agency? Council Member Myers, said he felt there is concern over eminent domain. He recommended that if the public has questions about their property, they contact the City staff. He said he was sure the County would also like to • deal with questions. He asked if hazardous waste which was aerated would be handled through the normal course. Does the County handle all of that? Adolph Martinelli , said there are requirements that remediation take place at the expense of the property owner. All are under the County Public Health Officer. Financial assistance could begin to help the property owner. The normal approach, and usually the only feasible approach, is to allow the natural clean up of soil on that property, otherwise there is a tremendous cost of disposal . Council Member Myers said potentially we could have an area where there are huge amounts of dirt and asked if the County handles their property and City handle theirs, in this case? Mr. Martinelli said the permit is given by the County, the redevelopment district is the entity that would provide the assistance under the structure of this proposal . Council Member Myers said that screening could be required under the City ordinance and asked if the County has a screening ordinance. Mr. Martinelli replied that program would be appropriate, and they are looking at assistance for property owners in the City and County. Council Member Myers asked, in regard to taxes and budget constraints, where does the City get the money? June Catalano said that the mechanism is called tax increment financing. The base year is hoped to be 92-93, that freezes the taxes to various entities. What is increased past that amount is the increment the redevelopment area gets. As new businesses start and business expands and there is new activity, that increment is available to finance the redevelopment project. A portion also goes to various taxing entities such as the school districts. This is actually the new economic activity that comes in over the base year. The money that it generates is what finances the project area. Council Member Myers, asked if we start next year and then this is our base year, and there is a tax increase over 93-94, will a portion of that money, without the City doing anything, come back into the area. Ms. Catalano said this is correct. The City or County will not expend any monies until that starts coming in.