HomeMy WebLinkAboutRDA SO CENTRAL PROJ 05-17-82 5-17-82
May 11, 1982 Inter-Corn
TO:
FROH:
SUBJECT:
REDEVELOPMENT AGENCY BOARD
BILL HUSTON, EXECUTIVE DIRECTOR
SETTING DATE - WORKSHOP TO REVIEW STATUS OF SOUTH/CENTRAL
PROJECT AREA
RECOMMENDATION:
That the Agency set June 21, 1982 as the date for a workshop to consider
the status of the South/Central Project Area.
DISCUSSION:
The Agency has directed that a redevelopment plan be prepared for the
South/Central Project Area. Staff is presently preparing a project area
plan for review by the Agency and City Council. Since the South/Central
Project Area is subject to State redevelopment law which mandates an
allocation of 20% of the tax increment for housing, staff feels the Agency
should consider the policy, administrative and financial implications of
this requirement. Through a workshop, the Agency would be able to review
the status of the plan and consider the various implications before staff
and the Council appointed Project Area Committee completes the
South/Central Project Area Plan.