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r-10564ATTACHMENT A City Council Meeting 2-22-11 Santa Monica, California RESOLUTION NUMBER 10564 (CCS) (City Council Series) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA MONICA OPPOSING THE STATE 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 additional State takings of local government funds that voters have repeatedly sought to end, most recently in November 2010 when an overwhelming 61 percent of voters elected to stop State raids of local government funds, including redevelopment funds; and WHEREAS, this proposal is anticipated to yield less financial benefit to the State than the Governor's Administration estimated. 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 for any other purpose. In fact, according to the State Department of Finance's own budget documents, there will be no State savings in future years from abolishing redevelopment; and WHEREAS, this, proposal will destroy 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 Santa Monica, the following projects and the associated redevelopment investment would not happen in Santa Monica if redevelopment were abolished: • Over 300 affordable residences would not be built or rehabilitated, robbing families and individuals of the opportunity to live in decent, affordable housing near employment centers, services and family and social networks. • Improvements to Santa Monica High School's recreational facilities, including facilities and pedestrian areas that could be jointly used by the public, would not be completed. ^ Development of Palisades Garden Walk, asix-acre public park planned to be built across from the Santa Monica Pier, would be impossible. • Construction of the Pico Neighborhood Library, being developed in Virginia Avenue Park to serve Santa Monica's most ethnically and economically diverse neighborhood, would be halted. • Creation of the Civic Center Early Childhood Development Center, a partnership with Santa Monica College designed to serve infants and toddlers in an innovative learning environment, would be jeopardized. • Improvements related to the Exposition Light Rail line that is coming to Santa Monica, including station area improvements, pathway improvements, and pedestrian and bicycle connections, would be compromised. • Renovation and seismic retrofitting of the landmark Santa Monica Civic Auditorium for performing arts and concerts would not be possible. z A six-acre public park and cultural facility adjacent to the Civic Auditorium could not be built; 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 ih state and local taxes in a typical year; 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 severely limit 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 affordable residences since 1993. In fact, in Santa Monica, Redevelopment has helped fund the creations of over 1,690 affordable residences; and WHEREAS, abolishing redevelopment agencies is a violation of multiple State and Federal constitutional provisions. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF SANTA MONICA DOES RESOLVE AS FOLLOWS: SECTION 1. The City of Santa Monica formally opposes the Administration's proposal to abolish redevelopment in California. 3 SECTION 2. The City of Santa Monica authorizes its council and staff to communicate its opposition to this proposal to the Governor, the Legislature, community groups, business groups, and the general public. APPROVED AS TO FORM: l~J/f , W/ f ~ i 7"~- MN S MOUT It= City Attorney( 4 Adopted and approved this 22"d day of February, 2011. \~ Ric and Bloom, Mayor I, Maria M. Stewart, City Clerk of the City of Santa Monica, do hereby certify that the foregoing Resolution No. 10564 (CCS) was duly adopted at a meeting of the Santa Monica City Council held on the 22"d day of February, 2011, by the following vote: Ayes: Councilmembers: Holbrook, McKeown, O'Day, Shriver Mayor Pro Tem Davis, Mayor Bloom Noes: Councilmembers: None Abstain: Councilmembers: None Absent: Councilmembers: O'Connor ATTEST: Maria M. Stewart, Cit Clerk