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REDEVELOPMENT MONEY

Posted by xaviervir on March 1, 2011

THE FOLLOWING ARTICLE APPEARS IN TODAY’S WEST COUNTY TIMES:

San Pablo to discuss sheltering properties from state

By Tom Lochner
Contra Costa Times

Posted: 02/28/2011 03:32:26 PM PST
Updated: 02/28/2011 05:31:49 PM PST

In a pre-emptive move to escape the long arm of the state, the San Pablo City Council on Tuesday will consider transferring redevelopment agency assets to a new nonprofit Economic Development Corporation.

The move comes as the Legislature prepares to consider Gov. Jerry Brown’s proposal to abolish city and county redevelopment agencies statewide.

Under Brown’s proposal, communities could no longer snare tax increments generated in redevelopment areas, a practice that critics say deprives school, fire and other districts of needed funding. It would create successor agencies as well as oversight boards with only one of seven members from a redevelopment agency’s home city.

The 2009-2010 tax increment revenue from San Pablo’s redevelopment areas, which comprise more than nine-tenths of the city, was $11.4 million net of the housing set-aside, according to the Five-Year Implementation Plan 2010 — 2014.

The Council formed the San Pablo Economic Development Corporation at its Feb. 22 meeting; the council will sit as the corporation’s board of directors, with Mayor Paul Morris, the board chairman, and Vice Mayor Cecilia Valdez, the vice chairwoman. City Manager Matt Rodriguez is the executive director; Finance Director Bradley Ward, treasurer; and Deputy City Clerk Lehny Corbin, secretary.

Several other East Bay cities have acted in recent days or are preparing to act to shelter assets of their redevelopment agencies from the state.



  • On Feb. 15, the Walnut Creek City Council committed $5.4 million in redevelopment funds to projects including affordable housing to keep the state from using it for other purposes.
  • On Thursday, the Pinole City Council transferred virtually the entire portfolio of redevelopment agency properties to the city.
  • On Tuesday, the Hayward City Council could opt to transfer redevelopment agency properties to the city, among other options.The San Pablo City Council will consider Tuesday signing an operating agreement between its redevelopment agency and economic development corporation and transfer funds from the agency to the corporation. The council also will consider transferring to the corporation redevelopment agency properties earmarked for public use.Contact Tom Lochner at 510-262-2760.

    If you go

    What: San Pablo City Council
    Where: San Pablo City Council chamber, 13831 San Pablo Ave.
    When: 6 p.m. Tuesday  MARCH 1

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