SCH Number 2000052073

Project Info

Title

Vallejo Station Project & Waterfront Project

Description

The approvals of November 28, 2006 include Amendments to the Redevelopment Plans for the Vallejo Waterfront, Vallejo Central and Marina Vista Redevelopment Projects, which would (a) merge the three existing contiguous Redevelopment Project Areas for purposes of project financing; (b) combine and increase the amount of tax increments that can be allocated to the Agency from the Merged Project Areas; (c) combine and increase the bonded debt limit that can be outstanding at any one time for all the Merged Project Areas; (d) extend the plan effectiveness of the Marina Vista Project; (e) extend the period for receipt of tax increment and repayment of debt for the Marina Vista Project; (f) re-establish the Agency's authority to acquire non-residential property through eminent domain; and (g) combine the three existing Redevelopment Plans into a single document.

7 documents in project