01-20-1998 - Inclusion of Additional Areas into the Existing Redevelopment Survey AreaCity of West Covina
Memorandum
AGENDA
TO: City Council and City Manager ITEM NO. E-3
DATE January 20. 1998
FROM: Redevelopment Agency Staff ®PRINTED ON RECYCLED PAPER
SUBJECT: INCLUSION OF ADDITIONAL AREAS INTO THE EXISTING
REDEVELOPMENT SURVEY AREA
SUMMARY: The City Council shall consider adopting a resolution to include additional
areas of the City into the existing redevelopment survey area for study
purposes to determine whether a new redevelopment project or adding these
areas to the existing project area is feasible.
BACKGROUND
On August 19, 1997, the City Council adopted Resolution No. 9480, which designated fifteen
(15) distinct and non-contiguous areas as a redevelopment survey area. On October 21, 1997 the
Agency Board awarded a contract for professional services to Urban Futures to assist Agency
staff in the redevelopment plan adoption process.
As part of their contract for services, Urban Futures has conducted a field survey of the City to
identify any additional areas of the City, which could or should be included in the survey area.
Following their field survey on December 17, 1997, Urban Futures' submitted a memorandum to
the Agency that identified four additional areas be added to the survey area. These four areas
are:
Merced & Garvey Ave. South
Sunset Avenue & Puente Avenue
North Garvey Ave. & Willow
Walnut & Francisquito
*See Exhibit A attached to Resolution
(MSG-2) - Expand Current Sub -Area
(SP-16) - Add to Survey Area
(NGW-17) - Add to Survey Area
(WF-18) - Add to Survey Area
Agency staff and Redevelopment sub -committee of the City Council have reviewed these
identified areas and concur with the Consultant that these areas should be added to the survey
area. Once included, further studies will be conducted to determine the feasibility of adopting a
new project area.
DISCUSSION
The City Council has an opportunity to expand the survey area prior to the Consultant
conducting the necessary and detailed studies to determine the feasibility of forming a new
redevelopment project area. Inclusion of these additional areas to the survey area will not
negatively impact the plan adoption process and the anticipated adoption time schedule. In
addition, these areas may also help provide additional tax increment revenues that provide the
necessary funding levels to make a new project area economically feasible.
CONCLUSION
Further studies and economic projections of the survey areas will be conducted, to determine the
feasibility and suitability of the survey area and . all of its sub -areas be included in a
redevelopment project area.
City Council and City Manager
January 20, 1998
Page 2
RECOMMENDATION
It is recommended that the Agency Board adopt the following resolution:
RESOLUTION NO. - A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF WEST COVINA INCLUDING ADDITIONAL AREAS
INTO THE EXISTING REDEVELOPMENT SURVEY AREA.
Chester Y
Director
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