Richmond Redevelopment Plan Amendments

Richmond Redevelopment Plan Amendments

In order to continue implementation of Agency's goal to overcome adverse physical and economic conditions and facilitate revitalization, the Agency is proposing a new redevelopment plan amendment that would: 1) increase the limit (cap) on the amount of tax increment revenue that may be claimed by the Agency from the portions of the fiscally merged project areas subject to the current limit of $521.4 million to a revised limit that would be the subject of a future action of the Agency Board and City Council; 2) increase the limit on the principal amount of bonded indebtedness secured by tax increment revenue from the project areas fiscally merged in 1999 that may be outstanding at any one time from the current limit of $250 million to a revised limit that would be the subject of a future action of the Agency Board and the City Council; 3) increase the limit on the principal amount of bonded indebtedness secured by tax increment revenue from the 2005 Added Area that may be outstanding at any one time from the current limit of $150 million to revised limit that would be the subject of a future action of the Agency Board and the City Council; 4) combine the limit on the principal amount of outstanding bonded indebtedness secured by tax increment from the project areas fiscally merged in 1999 and the 2005 Added area; 5) update the list of projects, programs and activities that may be undertaken by the Agency in the fiscally merged project areas; 6) extend the redevelopment plan time limit on the authorization of eminent domain for most of the fiscally merged project areas to up to twelve years from the new amendment adoption date (but not later than the applicable redevelopment activity time limit for each project area or subarea); and 7) update various redevelopment plan text provisions as necessary to comply with currnt CRL requirements.

Richmond

Contra Costa

California Department of Fish and Wildlife, Bay Delta Region 3 (CDFW), California Department of Parks and Recreation, California Highway Patrol, California Native American Heritage Commission (NAHC), California Regional Water Quality Control Board, San Francisco Bay Region 2 (RWQCB), Department of Housing and Community Development, Department of Toxic Substances Control, Department of Water Resources, Office of Historic Preservation, San Gabriel and Lower Los Angeles Rivers and Mountains Conservancy (RMC), San Francisco Bay Conservation and Development Commission (BCDC), California Department of Transportation, District 4 (DOT)

San Francisco Bay Conservation and Development Commission (BCDC), California Department of Transportation, District 4 (DOT)

Redevelopment, Redevelopment: Plan Amendments

Aesthetics, Air Quality, Biological Resources, Cultural Resources, Geology/Soils, Hazards & Hazardous Materials, Hydrology/Water Quality, Land Use/Planning, Mineral Resources, Noise, Population/Housing, Public Services, Recreation, Transportation, Utilities