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HomeMy WebLinkAbout11-020 - Resolutions RESOLUTION NO. 11-020 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, IN OPPOSITION TO THE ADMINISTRATION'S PROPOSAL TO ABOLISH REDEVELOPMENT AGENCIES IN CALIFORNIA WHEREAS, as part of its 2011-12 budget proposal, the Governor has proposed permanently abolishing California's more than 400 local redevelopment agencies; and WHEREAS, this proposal represents more of the same misguided and illegal State budget raids of local government funds that voters have repeatedly sought to end, most recently in November 2010 when an overwhelming 61% of voters elected to stop State raids of local government funds, including redevelopment funds; and WHEREAS, this proposal will bring very little financial benefit to the State. According to the State Controller's Office, redevelopment agencies have more than $87 billion in bond and other contractual obligations that legally must be repaid before revenues are available to any other purpose. In fact, according to the State Department of Finance's own budget documents, there will be zero State savings in out years from shutting down redevelopment; and WHEREAS, this proposal will devastate local economic development, including hundreds of thousands of jobs and billions of dollars in local economic activity throughout California. In fact, in the City of Rancho Cucamonga, abolishing redevelopment will significantly restrict the City of Rancho Cucamonga's ability to invest in the local community and jeopardize millions of dollars in projects, programs and services that support businesses and residents; the construction of public safety facilities and much-needed transportation infrastructure to ensure the safety and welfare of community residents and visitors; assistance to local businesses to ensure growth and expansion; and the creation of employment opportunities for local residents; and WHEREAS, more specifically, eliminating redevelopment will have a direct negative impact on the Base Line Road/1-15 Freeway Interchange Project; Etiwanda Avenue Grade Separation Project; Hellman Avenue Storm Drain Project; East Avenue Master Planned Storm Drain Project; and the final phase of the Foothill Boulevard Improvement Project; and WHEREAS, throughout California, redevelopment activities support 304,000 jobs annually, including 170,600 construction jobs, contribute over $40 billion annually to California's economy in the generation of goods and services, and generate more than $2 billion in state and local taxes in a typical year; and WHEREAS, the elimination of redevelopment will cause the loss of more than 5,000 local jobs; and WHEREAS, eliminating redevelopment will take away one of the few tools local governments have to comply with state requirements to plan for more compact urban development supported by transit-oriented development, housing, jobs and infrastructure; and WHEREAS, eliminating redevelopment will destroy the development of affordable housing in California. Redevelopment agencies are the second largest funder of affordable housing, behind only the Federal Government, responsible for over 98,000 units of affordable housing since 1993, and more than 2,000 units in the City of rancho Cucamonga since 1981; and WHEREAS, shutting down redevelopment agencies is a violation of multiple State and Federal constitutional provisions. THEREFORE, BE IT RESOLVED that the City of Rancho Cucamonga formally opposes the Administration's proposal to abolish redevelopment in California. THEREFORE, BE IT FURTHER RESOLVED, that the City of Rancho Cucamonga authorizes its council and city staff to communicate its opposition to this proposal to the Governor, the Legislature, business groups, and citizens. Please see the following page for formal adoption,certification and signatures Resolution No. 11-020 - Page 2 of 3 PASSED, APPROVED, AND ADOPTED this 2nd day of February 2011. AYES: Alexander, Buquet, Michael, Spagnolo, Williams NOES: None ABSENT: None ABSTAINED: None L. Dennis Michael, Mayor I-V ATTEST: )adni4ce C. Reynolds, City Clerk I, JANICE C. REYNOLDS, CITY CLERK of the City of Rancho Cucamonga, California, do hereby certify that the foregoing Resolution was duly passed, approved and adopted by the City Council of the City of Rancho Cucamonga, California, at a Regular Meeting of said City Council held on the 2"d day of February 2011. Executed this 3rd day of February 2011, at Rancho Cucamonga, California. J nice C. Reynolds, City Clerk Resolution No. 11-020 - Page 3 of 3