08.g. Tax Increment Funds for Police BuidlingMEMORANDUM
TO: CITY COUNCIL, AS SUCCESSOR AGENCY TO THE DISSOLVED
ARROYO GRANDE REDEVELOPMENT AGENCY (RDA)
FROM: STEVEN ADAMS, CITY MANAGER 6
SUBJECT: CONSIDERATION OF AN AGREEMENT BETWEEN THE
SUCCESSOR AGENCY AND CITY FOR USE OF TAX INCREMENT
FUNDS FOR POLICE BUILDING ARCHITECTLIRAL SERVICES
DATE: MAY 22,2012
RECOMMENDATION:
It is recommended the City Council, as the Successor Agency to the dissolved
Redevelopment Agency, approve an agreement with the City in a form acceptable to
the City Attorney for continued use of tax increment funds budgeted for architectural
services for the police building project.
FINANCIAL IMPACT:
There is currently $1 11,000 remaining in the balance of tax increment funds
budgeted for the Police Building project architectural services.
BACKGROUND:
At the April 12, 201 1 meeting, the City Council and Redevelopment Agency Board of
Directors approved an agreement with BFGC - IBI Group Architecture Planning to
prepare a site analysis on police building site alternatives identified and to begin
preparation of final design when the preferred site is approved. In addition, the
Redevelopment Agency Board of Directors approved findings required to utilize
Redevelopment Agency funds for this purpose.
Work was suspended while waiting for results of the June 5'h bond measure and the
agreement was due to expire on April 30'~. Therefore, a recommendation has been
presented to the City Council to renew the agreement.
ANALYSIS OF ISSUES:
Since the Redevelopment Agency no longer exists, to continue to use the tax
increment funds earmarked for the scope of work in the agreement, it will now be
necessary for the Successor Agency to enter into an agreement with the City. It will
Agenda Item 8.g.
Page 1
ClTY COUNCIL
CONSIDERATION OF AN AGREEMENT BETWEEN THE SUCCESSOR AGENCY
AND ClTY FOR USE OF TAX INCREMENT FUNDS FOR POLICE BUILDING
ARCHITECTURAL SERVICES
MAY 22,2012
PAGE 2
also be necessary for the item to be presented to the Oversight Board for approval
and accepted by the State Department of Finance as an enforceable obligation.
ALTERNATIVES:
The following alternatives are presented for consideration:
Approve staffs recommendations;
Do not approve the agreement; or
Provide other direction to staff.
ADVANTAGES:
Staffs recommendations will enable tax increment funds budgeted for police building
architectural services to continue to be used for this purpose.
DISADVANTAGES:
No disadvantages have been identified.
ENVIRONMENTAL REVIEW:
No environmental review is reql~ired for this item. Environmental review will be
prepared when site alternatives are identified.
PUBLIC NOTIFICATION AND COMMENTS:
The agenda was posted in front of the City Hall on Thursday, May 17, 2012 and on
the of City's website on Friday, May 18, 201 2.
Agenda Item 8.g.
Page 2