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HomeMy WebLinkAboutPCDC Resolution 2010-02 01/04/2010RESOLUTION NO. 2010-02 PETALUIIAA CO~AnAUNITY ®EVELOPMENT C011hIU11SS{ON AUTHORIZING THE EXPENDITURE OF TAX INCREMENT FUNDS FOR THE RAINIER CROSS- TOWN CONNECTOR PROJECT 000501204, AND ADOPTING FINDINGS REQUIRED BY HEALTH AND SAFETY CODE SECTION 33445 WHEREAS, Sonoma County Transportation Authority (SCTA) will be entering into- an agreement with a consultant to prepare the plans, specifications and construction estimate for the Marin Sonoma Narrows C-2 HOV Widening Project (MSN C-2 Project) through Petaluma; and, WHEREAS, the Rainier Avenue Interchange/Cross Town Connector and Undercrossing of US 101 is within the limits of the MSN C-2 Project; and, WHEREAS, the Rainier Avenue Interchange/Cross Town Connector and Undercrossing of US 101 Project Study Report is still under review by Caltrans and may not be approved in time to incorporate the Project's undercrossing structure into the design of the MSN C-2; and, WHEREAS, it is recognized that the Rainier Avenue Interchange/Cross Town Connector and Undercrossing of US 101 Project is in the City of Petaluma's General Plan, and that design and construction of the larger project can be split into two independent elements (Interchange, independent element 1, and Cross Town Connector, including undercrossing of US 101, independent element 2) and still meet the intent of the General Plan; and, WHEREAS, Caltrans has stated their support for the Rainier Avenue Cross Town Connector Project (element 2) ("the Project"), and staff anticipates a letter of concurrence by the time City Council convenes; and, WHEREAS, Caltrans, Sonoma County Transportation Authority (SCTA), and the City agree that by proceeding in a timely fashion with a Project Study Report (PSR) and environmental document for the Project as an independent element (2), the design of the undercrossing structure can be incorporated into SCTA's design of the MSN C-2 Project; and, WHEREAS, incorporation of the undercrossing structure component concurrently into the design of SCTA's MSN C-2 Project will result in earlier receipt of project benefits, cost efficiencies, reduction of traffic disruption and shorter construction duration; and, WHEREAS, California Health and Safety Code Section 33445 provides that redevelopment agencies may, with the consent of the legislative body, pay all or part of the value of land for and the cost of the installation and construction of any building, facility, structure, or other PCDC Resolution No. 2010-02 Page 1 improvements that are publicly owned either within or without the project area, subject to certain specified findings being made; and, WHEREAS, the Project is funded from $3M City/PCDC; and, WHEREAS, before the PCDC may commit funds for publicly owned improvements, the consent of the legislative body must be given and the following findings must be made in accordance with California Health and Safety Code Section 33445: 1. That the improvements are of benefit to the project area or the immediate neighborhood in which the project is located; 2. That no other reasonable means of financing the improvements is available to the community; and 3. That the payment of funds for the cost of the improvements will assist in the elimination of one or more blighting condition inside the project area, and will be consistent with the implementation plan adopted by the redevelopment agency; and, WHEREAS, by Resolution No. 2010-008 N.C.S. adopted January 4, 2010, the City Council of the City of Petaluma has adopted findings concerning the Project under California Health. and Safety Code Section 33445 and consented to use of PCDC funds for the Project; and, WHEREAS, the Petaluma Community Development Commission ("PCDC") Five-Year Implementation Plan ("Implementation Plan") for the Central Business District ("CBD") and Petaluma Community Development ("PCD") areas (collectively, the "Project Areas"), approved by the PCDC on June 1 l , 2007, provides for the transfer of certain specified tax increment furids for the purpose of funding roadway reconstruction and related improvements as more particularly described in the Implementation Plan, including the Project; and, WHEREAS, the public improvements in the Project are of benefit to the Project Areas in that they will improve public facilities and infrastructure within the Project Areas, improve transportation and traffic circulation along both McDowell Blvd. and Old Redwood Highway corridor, and facilitate private investment and revitalization of the Project Areas by alleviating impediments to circulation and access that deter revitalization; and, WHEREAS, City staff is aware of no other source of funds reasonably available to undertake the City's share of funding for the public improvements, as the only other source available for such purpose would be City general fund revenues which are committed for the provision of essential services such as police and fire services; and, WHEREAS, payment of funds for the public improvements will assist in the elimination of blighting conditions in the Project Areas in that they will improve public facilities and infrastructure within the Project Areas, improve transportation and traffic circulation along both PCDC Resolution No. 2010-02 Page 2 McDowell Blvd. and Old Redwood Highway corridor, and facilitate redevelopment of the Project Areas by alleviating impediments to circulation and access that deter revitalization. NOW, THEREFORE, BE IT RESOLVED, by the Board of the Petaluma Community Development Commission as follows: 1. Based upon the foregoing recitals, which are declared to be true and correct and hereby incorporated herein as findings of the Petaluma Community Development Commission Board, the Board finds in accordance with California Health and Safety Code section 33445 and other applicable law that (i) the expenditure of tax increment funds to undertake the public improvements and the Project as set forth in this Resolution and the Implementation Plan will be of benefit to the Project Areas, (ii) no other reasonable means of financing the public improvements and the Project is reasonably available, (iii) completion of the public improvements and the Project will assist in the elimination of blighting conditions in the Project Areas; and (iv) completion of the public improvements and the Project is consistent with the Implementation Plan adopted for the Project Areas. 2. The Petaluma Community Development Commission Board hereby authorizes contribution of $3M from PCDC to account 5530-Merged Project Area-000501204 (as scheduled in Exhibit A, attached to this resolution and incorporated herein by reference) for the Rainier Avenue Cross Town Connecter Project. ADOPTED this 4+h day of January, 2010, by the following vote: Commissioner Aye No Absent Abstain Barrett X Vice Chair Glass X Harris X Healy X Rabbitt X Renee X ~, Chair Torliatt X r ..- °'`~ `•. ~.~ - , '~~._.~- Pamela/ orliatt, Chair PCDC Resolution No. 2010-02 Page 3 ATTEST: Claire Cooper, CMC, Recording Secretary APPROVED AG TQ~ F~2M: Eric Danly, General~ounsel PCDC Resolution No. 2010-02 Page 4 EXHIBIT A TO PCDC RESOLUTION 2010-01 Rainier Avenue Cross Town Connector and Undercrossin of US 101 Project 000501204 Estimated Time Prelimina Project Cost Estimate Schedule Est'd. Est'd. FY Dollars When Cost .Est. ($000) Needed Dollars Task $000 Needed FY -FY Project Study Report PSR 80 none 09-10 01 /20010 - 04/20010 Project Approval and Environmental Document PA&ED 880 none 09-10 01/2010 - 06/2011 Incorporation of the Rainier Avenue Undercrossing Structure into the Plans, Specifications, and Estimate (PS&E) for MSN C-2 Pro~ect 498 none 09/10 01/2010 - 1.2/2011 Total Project Cost $1,449 $1,449 As of July 1, 2009 Funds Available ($000) Funds budgeted 3,000 Allocated and encumbered PCDC Fund 1,330 Funds available 1,670 Total cost to prepare the PSR, Environmental Document and design of the undercrossing structure for MSN C-2 $ 1,449 Total Project Cost $2,779 PCDC Resolution No. 2010-02 Page 5