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HomeMy WebLinkAboutPCDC Resolution 2009-02 01/26/2009RESOLUTION NO. 2009-02 PETALUMA COMMUNITY DEVELOPMENT COMMISSION URGING THE SONOMA COUNTY TRANSPORTATION AUTHORITY (SCTA) TO DESIGNATE ALL MEASURE M FUNDS FROM THE MARIN/SONOMA NARROWS, SEGMENT C (MSN-C) PROJECT TO HELP FULLY FUND THE EAST WASHINGTON STREET INTERCHANGE COMPONENT (PROJECT RDA100280, PREVIOUSLY PROJECT C500306) OF CALTRANS MSN- C PROJECT AND TO FULLY FUND DESIGN OF THE MSN-C (THE PROJECTS); MAKING SPECIFIED FINDINGS REQUIRED BY HEALTH AND SAFETY CODE SECTION 33445 FOR ALLOCATION OF $4M FROM PCDC ACCOUNT UNDESIGNATED FUND BALANCE TO PROJECT RDA 100280 OF THE CALTRANS MSN-C HOV PROJECT; AND DIRECTING STAFF TO PURSUE STIMULUS PACKAGE FUNDING 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 improvement that is publicly owned either within or without the project area, subject to certain specified findings being made; and, WHEREAS, before the PCDC may contribute funds for publicly owned improvements, 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: That the improvements are of benefit to the project area or the immediate neighborhood in which the project is located. That no other reasonable means of financing the improvements is available to the community. That the payment of funds for the cost of the improvements will assist in the elimination of one or more blighting conditions inside the project area, and will be .consistent with the implementation plan adopted by The redevelopment agency.. WHEREAS, the Petaluma Community Development Commission ("PCDC") Five-Year Implementation Plan ("Implementation Plan") for the Central Business District ("CBD") and Petaluma Community Development ("PCD"J areas (collectively, the "Project Areas") provides for the transfer of certain specified tax increment funds for the purpose of funding roadway reconstruction and related improvements ("Public Improvements") to arterial and collector streets as more particularly dbscribed in the Implementation Plan; and, WHEREAS, the City of Petaluma, SCTA, and California Department of Transportation are partners in the delivery of improvements to the Highway 101 corridor (known as Segment C of the Marin/Sonoma Narrows Project, or MSN-C) that will include adding a high occupancy vehicle lane (HOV) in each direction, from Old Redwood Highway to Route 11 b, improving on- and off-ramps, and providing traffic management technologies that maximize congestion management in the corridor; and, WHEREAS, the Implementation Plan provides for the use of $4 million in tax increment funds forthe purpose of funding the right-of-way acquisitions and construction of the East Washington Interchange ramp improvement component of Caltrans' Marin/Sonoma Narrows, PCDC Resolution No. 2009-02 Ppge 1 Segment C (MSN Cj Project as more particularly described in the Implementation Plan (collectively, "Public Improvements") within the Project Areas and for the benefit of the Project Areas; and, WHEREAS, on December 19, 2005, by Resolution No. 2005-20, the Petaluma Community Development Commission authorized the Executive Director to allocate $4M from PCDC account undesignated fund balance to East Washington Interchange component (Project RDA100280, previously C500306) of the MSN-C Project; and, WHEREAS, PCDC and City staff are aware of no other local 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, the Public Improvements are, of benefit to the Project Areas and/or the immediate neighborhood in which the Public Improvements will be located, regardless of whether the Public Improvements are in another project area, in that they will facilitate improvement to the traffic circulation along the East Washington Street corridor and facilitate redevelopment of large parcels of vacant and underutilized Idnd; and, WHEREAS, payment of funds for the Public Improvements will eliminate blighting conditions in the Project Areas in that they will facilitate improvement to traffic circulation and pedestrian/vehicular safety along the East Washington Street corridor and facilitate redevelopment of large parcels of vacant and underutilized land; and, WHEREAS, current funding for the East Washington Street Interchange component (Project RDA100280) of the MSN-C Project and design of the full MSN-C .Project consists of $1M in demonstration funds (federal), $9.SM in Measure M funds, $13.5M'in SAFETEA-LU (federal) funds, and $4M in PCDC funds for a total of $28M in available funding; and, WHEREAS, the current estimated Interchange Project cost, including fight-of-way land acquisition, is $21.SM, and design of the MSN-C Project is estimated at $6.5M, for a total cost of between $28M; and, WHEREAS, the Petgluma Community Development Commission has determined that it is in the best interest of the community to continue pursuing right-of-way acquisition of Plaza North, Plaza South, and Regency shopping centers, construction of the East Washington Interchange Project and full design of the MSN-C Project; and, WHEREAS, to move both Projectr forward, Petaluma Community Development Commission urges the Sonoma County Transportation Authority to designate all Measure M funds from the Marin/Sonoma Narrows, Segment C (MSN-C) Projectto fund the East Washington Interchange Project RDA 100280 (previous project number C500306) and complete design of the MSN-C Project; and, WHEREAS, it is anticipated that federal stimulus packages from the State or federal level will be enacted over the next few months, for which Project RDA 100280 may be eligible for inclusion. NOW, THEREFORE, BE IT RESOLVED that Petaluma Community Development Commission: Adopts the factual recitals above as true and correct and as its findings. 2. Based upon the foregoing, finds that (i) the expenditure of tax increment funds to undertake the Public Improvements as set forth in this Resolution and the PCDC Resolution No, 2009-02 Page 2 Implementation Plan will be of benefit to the Project Areas, (ii) no other reasonable means of financing the Public Improvements is reasonably available, (iii) completion of the Public Improvement will eliminate blighting conditions in the Project Areas; and (iv) completion of the Public Improvements is consistent with the Implementation Plan adopted for the Project Areas. 3. Confirms PCDC Resolution No. 2005-20 of December 19, 2005, authorizing the Executive Director to allocate $4M from PCDC account undesignated fund balance to East Washington Interchange Project RDA 100280. 4. Urges the Sonoma County Transportation Authority to designate all the Measure M funds in the Caltrans Marin/Sonoma Narrows, Segment C High Occupancy Vehicle Project to fund the East Washington Interchange component (Project RDA100280, previous project number C500306) and to complete full design of the MSN-C Project. 5. Directs staff to continue to pursue inclusion of the East Washington Interchange Project component of the Caltrans MSN-C HOV Project in upcoming State and/or federal stimulus packages. ADOPTED this 26'h day of January, 2009, by the following vote: Commissioner Aye IVo Absent Abstain Vice Chair Barrett X Glass X Harris X Healy X Rabbitt X Renee X Chair Torliatt ,'X ~' .~ ,/ ~-- I Lt~t' : ; ~ 'Ca%~ Pamela Torliatt, Chair ATTEST: l~ ~ Claire Cooper, CMC, Recording ecretary APPROVF~ AS TO FORM: Eric Danly, Ge,~ieral Counsel PCDC Resolution NO. 2009-02 Page 3