HomeMy WebLinkAboutRES RDA 2010 223 2010 0120RESOLUTION NO. 2010 -223
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF
THE CITY OF MOORPARK, CALIFORNIA, ADOPTING THE
2010 — 2014 FIVE YEAR IMPLEMENTATION PLAN FOR
THE MOORPARK REDEVELOPMENT PROJECT
WHEREAS, California Community Redevelopment Law ([CCRL] California
Health and Safety Code Section 33000 et seq.) Section 33490(a)(1) requires that on or
before December 31, 1994, and each five years thereafter, each redevelopment agency
that has adopted a redevelopment plan prior to December 31, 1993, shall adopt, after a
public hearing, an implementation plan that shall contain the specific goals and
objectives of the agency for the project area, the specific programs, including potential
projects and estimated expenditures proposed to be made during the next five years,
and an explanation of how the goals and objectives, and programs and expenditures
will eliminate blight within the project area and implement the requirements of CCRL
Sections 33334.2, 33334.4, 33334.6 and 33413 et al.; and
WHEREAS, the Redevelopment Plan for the Moorpark Redevelopment Project
was adopted on July 5, 1989, and therefore, is subject to the provisions of CCRL
Section 33490; and
WHEREAS, CCRL Section 33490 (a)(1)(B) provides that adoption of an
Implementation Plan shall not constitute a project within the meaning of Section 21000
of the Public Resource Code, and, therefore, CEQA compliance is not required prior to
approval and adoption of the Implementation Plan; and
WHEREAS, all legal prerequisites to the adoption of this Resolution, including
publication and postings, of the required notice pursuant to CCRL Section 33490(d),
and California Government Code Section 6063, have occurred; and
WHEREAS, the 2010 -2014 Implementation Plan was made available for public
review not less than ten days prior to the public hearing, and
WHEREAS, on January 6, 2010, the Agency conducted a public hearing required
by CCRL Section 33490(a)(1)(A) and continued it open to January 20, 2010; and
WHEREAS, on January 20, 2010, the Agency concluded the public hearing.
NOW, THEREFORE, THE REDEVELOPMENT AGENCY OF THE CITY OF
MOORPARK DOES HEREBY RESOLVE AS FOLLOWS:
Resolution No. 2010 -223
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SECTION 1. Pursuant to CCRL Section 33490, the Agency, having heard all
testimony and having considered the content of the 2010 -2014 Implementation Plan,
hereby approves and adopts the 2010 -2014 Implementation Plan for the Moorpark
Redevelopment Project, which is attached as Exhibit A and incorporated herein by this
reference.
SECTION 2. The Agency Secretary shall certify to the adoption of this
resolution and shall cause a certified resolution to be filed in the book of original
resolutions.
PASSED AND ADOPTED this 20th day of January, 2010.
Ja c�e S. Parvin, Chair
ATTEST:
Maureen Benson, Assistant Secretary ESTABLOW
IFO Q
Exhibit A — 2010 -2014 Five -Year Implementation Plan c?Y OF d�
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EXHIBIT A
FIVE YEAR
IMPLEMENTATION PLAN
2010 THROUGH 2014
MOORPARK
REDEVELOPMENT PROJECT
Redevelopment Agency
of the City of Moorpark
January 20, 2010
Resolution No. 2010 -223
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FIVE YEAR
IMPLEMENTATION PLAN
2010 THROUGH 2014
and
CCRL SECTION 33413(b) (4) HOUSING COMPLIANCE PLAN
MOORPARK REDEVELOPMENT PROJECT
Prepared for the
0- Redevelopment Agency of the City of Moorpark
Prepared by:
Urban Futures Inc
3111 North Tustin Street, Suite 230
Orange, CA 92865
714)283 -9334 • FAX (714)283 -5465
www.urbanfuturesinc.com
In Cooperation with the:
Redevelopment Agency of the City of Moorpark
January 20, 2010
Resolution No. 2010 -223
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CITY COUNCIL/
REDEVELOPMENT
AGENCY BOARD
MEMBERS
Five Year Implementation Plan
2010 through 2014 for the
Moorpark Redevelopment Project
CITY /REDEVELOPMENT
AGENCY STAFF
Janice S. Parvin, Mayor /Chair
Roseann Mikos, Ph. D., Mayor Pro Tern Nice Chair
Keith F. Millhouse, Councilmember, Board Member
David Pollock, Councilmember /Board Member
Mark Van Dam, Councilmember /Board Member
Steven Kueny, City Manager /Executive Director
Hugh R. Riley, Assistant Executive Director
David C. Moe, Redevelopment Manager
Jessica Sandifer, Management Analyst
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Five Year Implementation Plan
2010 through 2014 for the Moorpark
Redevelopment Project
TABLE OF CONTENTS
EXECUTIVESUMMARY ................................................................................. ..............................I
PREFACE....................................................................................................... ..............................4
1.0 INTRODUCTION ................................................................................ ............................... 5
1.1
Definitions ................................................................................ ..............................5
1.2
Overview of Redevelopment Law as it Applies to the Implementation Plan ..........
6
1.3
Public Participation in the Implementation Plan Process ........ ..............................8
1.4
Project Area Location and Boundaries .................................... ..............................8
2.0 REVIEW
OF AGENCY ACTIVITIES .................................................. .............................10
2.1
Historical Overview ................................................................. .............................10
2.2
State Legislation ..................................................................... .............................10
2.2.1 Mandatory Legislation .............................................................. .............................10
2.2.2 Discretionary Legislation .......................................................... .............................12
2.3
Summary of Historic Implementation Plan Goals and Objectives .......................13
2.3.1 2005 -2009 Implementation Plan Goals .................................... .............................13
2.4
Description of How the Agency has Implemented the Goals of the
preceding implementation plan .............................................. .............................15
3.0 COMMUNITY DEVELOPMENT IMPLEMENTATION PLAN ............. .............................19
3.1
Goals and Objectives: FY 2009 -10 — FY 2014- 15 ................. .............................19
3.2
Economic and community development Projects and Programs ........................20
3.3 Goals and Objectives Nexus to Blight Elimination .......... .............................21
3.4 Program Amendments ........................................................... .............................22
3.5 Projected Agency General Redevelopment Fund Income and
Expenditures.......................................................................... .............................23
4.0 HOUSING COMPLIANCE PLAN ...................................................... .............................26
4.1 Housing Production Requrements .......................................... .............................26
4.2 Past Housing Production ........................................................ .............................27
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4.3
Projected Housing Production .............................................. ...............................
30
4.4
Low and Moderate Income Housing Goals ............................ .............................32
TABLE 3 GOAL ACHIEVEMENT AND BLIGHT ELIMINATION NEXUS ...........................22
4.5
Projected Housing Needs ....................................................... .............................33
EXPENDITURES ............................................................... ...............................
4.5.1 Regional Housing Needs Assessment ................................... ...............................
33
4.5.2 Senior Housing Need Assessment ......................................... ...............................
34
4.6
Low- and Moderate - Income Housing program ....................... .............................35
TABLE 7 MAXIMUM DEVELOPMENT POTENTIAL IN PROJECT AREA BY ZONING
4.7
Low- and Moderate - Income Housing fund ............................. .............................35
31
TABLE 8 PROJECTED INCLUSIONARY HOUSING OBLIGATION JULY 1, 2009,
4.7.1 Tax Increment Financing .......................................................... .............................35
THROUGH JUNE 30, 2014 ................................................. .............................32
4.7.2 Excess Surplus ......................................................................... .............................36
33
4.7.3 Other Funding Programs .......................................................... .............................37
4.8
Ten Year Inclusionary Housing Requirements ....................... .............................39
4.9
Consistency with General Plan .............................................. .............................39
5.0 PLAN ADMINISTRATION ................................................................. .............................42
5.1
Plan Review ........................................................................... .............................42
5.2
Plan Amendment .................................................................... .............................42
5.3
Financial Commitments Subject to Available Funds .............. .............................42
5.4
Redevelopment Plan Controls ................................................ .............................42
LIST OF FIGURES
Figure 1 — Project Area Map ................................................................. ............................... 9
LIST OF TABLES
TABLE 1 MOORPARK REDEVELOPMENT PLAN CHRONOLOGY ... .............................10
TABLE 2 COMMUNITY AND ECONOMIC DEVELOPMENT KEY GOALS
ACHIEVEMENT................................................................... .............................16
TABLE 3 GOAL ACHIEVEMENT AND BLIGHT ELIMINATION NEXUS ...........................22
TABLE 4 PROJECTED GENERAL REDEVELOPMENT AND FUND RECEIPTS AND
EXPENDITURES ............................................................... ...............................
24
TABLE 5 HOUSING PRODUCTION JULY1, 2004 THROUGH JUNE 30, 2009 ............29
TABLE 6 INCLUSIONARY HOUSING OBLIGATION JULY 1, 2004 THROUGH JUNE
30, 2009 ............................................................................. ...............................
30
TABLE 7 MAXIMUM DEVELOPMENT POTENTIAL IN PROJECT AREA BY ZONING
AND ACREAGE ................................................................ ...............................
31
TABLE 8 PROJECTED INCLUSIONARY HOUSING OBLIGATION JULY 1, 2009,
THROUGH JUNE 30, 2014 ................................................. .............................32
TABLE 9 REGIONAL HOUSING NEEDS ASSESSMENT FAIR SHARE ALLOCATION..
33
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TABLE 10 FAIR SHARE HOUSING ALLOCATION .................. ...............................
TABLE 11 DISTRIBUTION OF LOW INCOME SENIOR HOUSEHOLDS (1) ............
TABLE 12 PROJECTED AGENCY LMI HOUSING FUND PROGRAM
EXPENDITURES ....................................................... ...............................
TABLE 13 FINANCIAL RESOURCES AVAILABLE FOR HOUSING ACTIVITIES....
.. 34
.. 34
..... 36
..... 37
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EXECUTIVE SUMMARY
lloor/)ark Redevc1olmicn! Projec/
hn/Vementalion Plan 2010 -2014
Section 33490 requires that each redevelopment agency adopt an implementation plan every
five years. The Moorpark Redevelopment Agency adopted its first Implementation Plan for the
Moorpark Redevelopment Project in 1994 for the 1995 through 2000 period. The second
implementation plan was adopted in 1999 for the 2000 through 2004 period, while the third
implementation plan was adopted in 2004 for the 2005 through 2009 period. This fourth
implementation plan covers the 2010 through 2014 period.
This 2010 -2014 Implementation Plan, prepared pursuant to CCRL Sections 33490(a)(1) and
33413(b)(4), contains the following:
• Agency accomplishments during the 2005 through 2009 implementation plan term;
• Agency goals, objectives, programs, and projects for the next five years;
• Estimated revenue and expenditures to enable implementation of Agency programs and
projects;
• An explanation of how the Agency's goals and objectives, programs, and expenditures
will eliminate blight within the project areas;
• An Affordable Housing Production Plan that outlines how the Agency will meet its
affordable housing obligations pursuant to CCRL requirements over the next five years;
and
• An estimate of the number of units to be provided over the next five and ten years to
meet the Agency's 15% inclusionary housing requirements.
Agency Accomplishments through June 30, 2009
Over the past five years, the Agency has, both unilaterally and through participation in joint
public /private partnerships, facilitated a number of successful projects and programs aimed at
economic revitalization, blight reduction, and affordable housing production. Key
accomplishments include:
• Projects and Programs along the High Street Corridor in the Downtown Area
- Civic Center complex — The Agency works with the City to develop draft plans for
a new Civic Center to anchor the western end of the Downtown Area within the
constraints of the CCRL.
- West High Street Development — The Agency removed improvements in support
of the development of Agency -owned property on High Street between Moorpark
Avenue and the MetroLink station.
- East High Street Development — The Agency commenced planning work for the
south side of High Street east of the MetroLink Station to Spring Road. The
Agency is also acquiring land in the area.
- Magnolia Street Park — The Agency assisted in the development of the new
Magnolia Street Park directly behind the new fire station. The Agency assisted in
property acquisition and capital improvements.
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- Human Services Center — The Agency designed this integrated center for human
service organizations.
- Police Station — The Agency assisted in construction of the new police station.
• Moorpark Avenue Downtown Corridor Projects — The Agency has engaged in land
acquisition aimed at stimulating investment in the Moorpark Avenue corridor during this
Implementation Plan period. 347 Moorpark Avenue was acquired through this program
and is now being marketed for redevelopment.
• Business Enhancement Program — The Agency implemented a business enhancement
program in cooperation with the Economic Development Cooperative of Ventura County.
• Partnered with Creative Woodworks to retain the business in Moorpark and to assist with
its expansion.
• New Post Office — The Agency was instrumental in bringing the new Post Office to the
downtown area by making Agency -owned land available on a long -term, low -cost lease.
The Agency also improved the parking lot to serve the post office and downtown.
• Business 911 Program —The Business 911 Program provides professional services and
assistance to businesses on a request basis. This program is partly funded by the
Agency.
• High Street Streetscape Improvement Project — The Agency funded design of
streetscape improvements, which will be implemented during the term of this
Implementation Plan if funding is available.
• Attempted to reinstate the Agency's eminent domain authority.
• Infrastructure Projects Serving Downtown Area — The Agency funded the planning
and /or construction of a number of infrastructure improvement projects in the downtown
area, including High Street improvements, Charles Street reconstruction, storm drain
and parking lot improvements.
• Infrastructure Projects outside Downtown Area — The Agency has contributed to various
infrastructure projects outside the downtown area, including storm drain design and
construction, park improvements, and various street improvement projects.
Agency Blight Elimination and Housing Programs for 2010 -2014
The success of Agency programs and projects during the Implementation Plan term are largely
dependent on the strength of the national, state, and regional economies. Tax increment
revenue is estimated for purposes of this report at declining and neutral growth rates.
Additionally, the state of California has passed legislation authorizing a taking of redevelopment
funds to balance the state budget. Although the legality of the taking has yet been determined,
it is prudent for redevelopment agencies to consider the impact of the Supplemental Revenue
Augmentation Fund (SERF) payment when developing its 2010 -2014 programs.
In general, the Agency's 2010 -2014 redevelopment program includes:
• Economic Development Collaborative of Ventura County participation
• Fagade Improvement Program
• High Street Streetscape
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• Downtown Improvement Program
• Commercial Development Support
• Infrastructure Improvement Activities
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The Agency's 2010 -2014 Affordable Housing Production Plan includes:
• Research the development of housing programs that will lead to the replacement and
rehabilitation of low and moderate income housing units and off -site improvements;
• Identify, participate in, and monitor housing programs that meet the Agency's
inclusionary and replacement housing requirements;
• Respond to miscellaneous neighborhood improvement needs; and
• Pursue the acquisition and recordation of covenants to ensure long term affordability of
residential units.
Conclusions and Recommendations
To date, the Agency has successfully implemented its programs and managed its budgets.
However, the generally negative economic climate in the state of California has affected the
Agency's revenue stream through reductions in tax increment growth rate. Even if the state of
California does not prevail with the SERAF take, without substantial budget modifications to
planned projects and programs or an infusion of non - Agency funds, expenditures will exceed
revenues during all five years of this Implementation Plan term.
Recommended Program Changes
In order to reduce the scope of the Agency's program to account for reduced tax increment
receipts over the five -year term of this Implementation Plan, the following actions and program
amendments are recommended for consideration:
• Finance the Human Services Center over a longer period of time, or reduce the
Agency's contribution to the center.
• Refinance or pay off existing debt to reduce fixed annual debt payments.
• Sell Agency -owned properties which has been delayed by the declining economy.
• Delay the construction of the railroad crossing, and seek outside grant funds or stimulus
money to fund project.
• Delay implementation of High Street streetscape.
• Delay construction of the MetroLink parking lot.
• Discontinue or reduce funding of the High Street Arts Center operations.
• Renegotiate pass through contracts with the County and other taxing entities.
• Amend the Redevelopment Plan to add territory as feasible and appropriate.
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Resolution No. 2010 -223
IrI1l)1ct?70ItntiOI7 PhM 2010 -2014
PREFACE
This Implementation Plan was prepared in compliance with section 33490 et. seq. of California
Redevelopment Law (the "CRL ") and applies to the Moorpark Redevelopment Project.
Redevelopment programs and project activities to be implemented by the Moorpark
Redevelopment Agency (the "Agency ") over the next five years will be identified, including
housing activities targeted for individuals and families of very-low, low, and moderate income.
The Implementation Plan contains five sections, plus an executive summary:
Executive Summary: This short section summarizes the findings and
recommendations of this Implementation Plan.
1.0 Introduction: This section includes definitions of the terms used in the
Implementation Plan, an overview of redevelopment law as it applies to the
Implementation Plan, the public participation process, and project area locations,
boundaries, and maps.
2.0 Review of Agency Activities: This section presents an historic overview of plan
adoptions and chronology, a discussion of recent CRL legislation and the
Agency's compliance, and a summary of historic goals, objectives, and
accomplishments.
3.0 Community Development Implementation Program: This section discusses
the Agency's plan to eliminate blight in the project areas, presents the goals and
objectives nexus to blight elimination, and projects revenues and expenditures
for the Agency's community development program.
4.0 Housing Compliance Plan and Implementation Program: This section
demonstrates the Agency's compliance with inclusionary housing requirements
and presents the housing programs and projects that the Agency anticipates
implementing over the next five years by project area in correlation to projected
revenues and expenditures.
5.0 Plan Administration: This section describes the Implementation Plan process
including a general description of financial resources that will be used to fund the
housing and non - housing activities over the term of the Implementation Plan.
4
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1.0 INTRODUCTION
1.1 DEFINITIONS
Vloorinirk Reclevelohmew Project/
Implementation Plan 010 -2014
The following bold terms have the following meanings unless the context in which they
are used clearly requires otherwise:
"Agency" means the Moorpark Redevelopment Agency.
"Agency Board" means the Board of Directors of the Agency. The members of the
Agency Board are also the members of the City Council.
"Amendment No. V means an amendment to the Plan for the sole purpose of placing
certain restrictions on the Agency's eminent domain authority subject to approval of the
City electorate. (Ordinance No. 111 on July 5, 1989)
"Amendment No. 2" means an amendment to the Plan to incorporate the provisions of
CCRL Section 33333.6 as adopted by AB1290. (Ordinance No. 202 on December 14,
1994)
"Amendment No. 3" means an amendment to the Plan to incorporate the provisions of
CCRL Section 33333.6(e)(2)(B), 33333.6(e)(2)(C) and 33333.6(e)(2)(D). (Ordinance No.
369 on July 2, 2008)
"CCRL" means the California Community Redevelopment Law, Section 33000 et seq.
of the Health and Safety Code as currently drafted or as it may be amended from time to
time.
"City" means the City of Moorpark.
"ERAF" means the Educational Revenue Augmentation Fund, which is the state
property tax allocation system that shifts property taxes from local governments to local
education agencies.
"HCD" means the Housing and Community Development Department of the State of
California. HCD monitors the Agency's Housing Compliance Plan and LMI fund
expenditures for compliance with State redevelopment law.
"Implementation Plan" means this 2009 -2014 Implementation Plan for the Moorpark
Redevelopment Project covering the period of July 1, 2009, through June 30, 2014.
"LMI Housing Fund" means the Low and Moderate Income Fund of the Agency
established pursuant to CCRL Section 33334.3 as it presently exists and as it may be
increased or decreased by future Agency actions.
"Moorpark Redevelopment Project" means the Moorpark Redevelopment Plan
adopted by Ordinance 110 on July 5, 1989, and amended by Ordinance No. 111,
Ordinance No. 202 and Ordinance No. 369.
"Moorpark Redevelopment Project Area" or "Project Area" means the area included
within the boundaries of the Moorpark Redevelopment Project.
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"Preceding Implementation Plan" means the 2005 -2009 Implementation Plan
covering the period January 1, 2005, through December 31, 2009.
"SERAF" means the Supplemental Educational Revenue Augmentation Fund, which
was adopted in 2009 as CCRL Section 33690 to shift Tax Increment receipts from
redevelopment agencies to local educational agencies.
"Tax Increment" means the funds allocated to the Agency from the Project Area
pursuant to CCRL Section 33670.
"UFI" means Urban Futures, Inc., redevelopment consultants, retained by the Agency
to assist it to complete the adoption of the Implementation Plan.
1.2 OVERVIEW OF REDEVELOPMENT LAW AS IT APPLIES TO THE
IMPLEMENTATION PLAN
On July 5, 1989, the City Council of the City of Moorpark adopted Ordinance 110
approving and adopting a redevelopment plan for the Moorpark Redevelopment Project
( "Project or Project Area, as appropriate "). Subsequently, Section 33490 was added to
the CCRL. Section 33490 mandates that each agency adopt a five -year implementation
plan commencing prior to January 1, 1995, for plans adopted prior to January 1, 1994.
The Agency adopted its first Implementation Plan in 1994 for January 1, 1995, through
December 31, 1999; its second in 2000 for January 1, 2000, through December 31,
2004; and the Preceding Implementation Plan in 2005 for January 1, 2005, through
December 31, 2009. Additionally, and also pursuant to CCRL Section 33490, the
Agency approved mid -term updates for the 1995 -99 Implementation Plan on December
17, 1997, for the 2000 -04 Implementation Plan on October 15, 2003, and for the 2005-
09 Implementation Plan on January 16, 2008. For data collection purposes and to
correspond with HCD reports, this fourth Implementation Plan converts from a calendar
year review to a fiscal year review and covers the period July 1, 2009, through June 30,
2014.
CCRL Section 33490, among other things, requires an implementation plan to contain:
• Specific goals and objectives of the agency for the project area(s) for the next
five years;
• Specific programs, including potential projects, and estimated expenditures
proposed to be made during the next five years;
• An explanation of how the goals and objectives, programs, and expenditures will
eliminate blight within the project area(s);
• An explanation on how the Agency's goals, objectives and expenditures will
implement its affordable housing obligations pursuant to CCRL requirements
over the next five years;
• An explanation of how the LMI Housing Fund will be used annually over the term
of the implementation plan, along with the amounts now available in the LMI
Housing Fund, and projected deposits thereto. Also included shall be estimates
of the number of units to be assisted in each of the five years;
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1k)o park Reilevelopmew Prolec i
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• An estimate of the number of units to be provided over the next five and ten
years to meet the Agency's 15% inclusionary housing requirements, if applicable;
• An estimate of the number of units to be provided at the end of the Plan's
effectiveness to meet the Agency's inclusionary housing requirements, if
applicable;
• The number of qualifying very- low, low -, and moderate- income units that have
been produced in the project area or outside the project area and the number of
additional units that will be required to meet the inclusionary housing
requirements;
• The number of units that will be developed by the Agency, if any, including the
number of units that will be available for very- low, low, and moderate- income
households; and
• The Project Area Affordable Housing Production Plan (plan required by Health &
Safety Code Section 33413 (b) (4)).
Under current law, agencies that administer redevelopment project areas or portions of
project areas established on or after January 1, 1976, have an obligation to ensure that
specified percentages of new or substantially rehabilitated housing are available at
affordable cost to very- low, low, and moderate - income households. The CCRL permits
an Agency to count affordable housing units outside a project area towards the Agency's
requirements on a two- for -one basis; that is, two affordable housing units will count the
same towards the Agency's inclusionary housing requirements as one unit created
inside the project area. Affordable housing developed outside of a project area can be
of direct benefit by accomplishing plan objectives. If a project is outside of the project
area, the Agency must adopt findings that demonstrate a nexus to the plan.
In addition, whenever dwelling units that house persons of low- or moderate - incomes are
destroyed or removed from the affordable housing inventory as part of a redevelopment
project with direct Agency involvement, the Agency is required to replace those units
with an equal number of units within four years after the units were removed. The
replacement dwelling units must have an equal or greater number of bedrooms as those
units destroyed or removed and all must be affordable to very low -, low- or moderate -
income households.
Implementation Plans also address a number of financial issues as they apply to
affordable housing per Section 33334 of the CCRL. Of particular importance in regards
to the Implementation Plan are the following:
Section 33334.2: establishes Agency obligation to use 20% of its tax increment
revenue to increase, improve and preserve the community's supply of very- low,
low, and moderate- income housing.
Section 33334.4: specifies that the amount of money that can be spent from the
Agency's 20% tax increment set -aside for senior housing is limited to the same
proportion as the senior citizen population is to the overall population.
Section 33334.6: sets forth various requirements for management of the Low
and Moderate Income (LMI) Housing Fund.
7
Resolution No. 2010 -223
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The financial section of the Plan must address the amount available in the LMI Housing
Fund and the estimated amounts which will be deposited into the LMI Housing Fund
during each of the next five years as well as estimates of the expenditures of monies
from the LMI Housing Fund during each of the five years.
Historic information contained in this Implementation Plan is based on a review of
Agency reports and budgets, the Preceding Implementation Plan, and discussions with
Agency staff. Information for FY 2008 -09 is based on the Agency's budget. Projections
for FY 2009 -10, FY 2010 -11, FY 2011 -12, FY 2012 -13 and FY 2013 -2014 are based
upon discussions with Agency staff and UFI 's calculations and projections.
1.3 PUBLIC PARTICIPATION IN THE IMPLEMENTATION PLAN PROCESS
Pursuant to CCRL Section 33490, the adoption of an Implementation Plan must be
preceded by a duly noticed public hearing. Notice of the public hearing was published in
the local paper with a minimum three week notice and posted in four places in the
Project Area not less than ten days prior to the public hearing.
In addition, CCRL Section 33490(c) states that between two and three years after
adoption of an implementation plan, an Agency must conduct a public hearing to review
the redevelopment plan and implementation plan. The purpose of the mid -term review is
to assess the extent to which an Agency's actual activities conform to the activities
described in the preceding implementation plan. Therefore, the Agency will need to
conduct a mid -term review of this Implementation Plan during 2011 or 2012.
1.4 PROJECT AREA LOCATION AND BOUNDARIES
The location and boundaries of the Project Area are shown in Figure 1.
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Boundaries shown are for general reference and illustrative purposes KNO: —W';
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only. Not intended to be a legal description of the metes and bounds.
Moorpark City Limits
Freeways Prepared By. Urban Fulures, Inc.
Moorpark Base Map Source' CRy of Moorpark
Data I em
Ventira COL.'ItYO Railroads 2.ODD 1000 0 2.0 00 He MP1/0 _PA_IrnpPInmxd
Moorpark Redevelopment Project Area Fee
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Z.0 REV /EW OFAGENCYACT /V /T /ES
2.1 HISTORICAL OVERVIEW
The City of Moorpark established its Redevelopment Agency for the primary purpose of
eliminating blight and stimulating the City's economic base. Establishment of a
redevelopment plan authorizes the collection of tax increment funds for the purpose of
financing programs that eliminate physical blight, and establishing a Low- and Moderate -
Income Housing Fund that finances affordable housing production. Table 1 shows the
history of the Agency, the Plans, and certain time limits associated with the Plans.
2.2 STATE LEGISLATION
Subsequent to the preparation of the Preceding Implementation Plan and its mid -term
review, several state laws affecting redevelopment plans were approved by the state
legislature. These new laws and the manner in which the Agency has chosen to comply
are briefly described below.
2.2.1 Mandatory Legislation
SB 53
Senate Bill 53 requires all redevelopment agencies with a redevelopment plan
adopted prior to December 31, 2006, to adopt an ordinance setting forth the
agency's authority to use eminent domain and its program for eminent domain
activities, even if it no longer has the authority under its redevelopment plan.
10
TABLE
MOORPARK REDEVELOPMENT
• N CHRONOLO
Plan Adoption
Date of Adoption
July 5, 1989
Ordinance Number
110
Original Effectiveness of Plan
40 years (2029)
Base Year'
FY 1988-1989
Project Area Size
Current Time Financial Limits
1,217 acres
and
For Commencement of Eminent
Expired 2001
Domain
For Establishment of Indebtedness2
Eliminated
For Effectiveness of Plana
July 4, 2030 (currently)
For Repayment of Indebtedness3
July 4, 2040 (currently)
' Refers to the base year for the purpose of allocating taxes in the Project Area.
2 Per Ordinance 369 adopted on July 2, 2008, in response to SB 211.
3 Per Ordinance 369 adopted on July 2, 2008, in response to SB 1045.
2.2 STATE LEGISLATION
Subsequent to the preparation of the Preceding Implementation Plan and its mid -term
review, several state laws affecting redevelopment plans were approved by the state
legislature. These new laws and the manner in which the Agency has chosen to comply
are briefly described below.
2.2.1 Mandatory Legislation
SB 53
Senate Bill 53 requires all redevelopment agencies with a redevelopment plan
adopted prior to December 31, 2006, to adopt an ordinance setting forth the
agency's authority to use eminent domain and its program for eminent domain
activities, even if it no longer has the authority under its redevelopment plan.
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Agency Compliance: Ordinance No. 351 was adopted on June 20, 2007,
describing the Agency's eminent domain program and declaring that, "... such
program may only be amended by amending the Plan pursuant to Article 12 of
the CCRL, commencing with Section 33450." (The initial authority for use of
eminent domain ended July 5, 2001. The Agency subsequently initiated
Amendment No. 2 to reactivate the eminent domain authority under CCRL
Section 33450, but the reactivation was not approved.)
SB 1809
Senate Bill 1809 requires that all new and existing redevelopment plans, which
authorize the agency to acquire property by eminent domain, to record a
statement with the county recorder which contains the following:
• The project area description; and
• A prominent heading in boldface type noting that the property that is the
subject of the statement is located within a redevelopment project area; and
• A general description of the provisions of the redevelopment plan that
authorize the use of eminent domain by the agency; and
• A general description of any limitation on the use of eminent domain
contained in the redevelopment plan and the time limit required by CCRL
Section 33333.2.
Agency Compliance: Because the Agency's authority to commence eminent
domain proceedings expired on July 5, 2001, the Agency is not required to record
an "SB1809" statement.
AB 987
Assembly Bill 987 requires all redevelopment agencies to create, maintain, and
make available to the public on the internet an affordable housing database that
describes existing and substantially rehabilitated housing units that were
developed or otherwise assisted with Low and Moderate Income Housing Funds
including inclusionary and replacement housing units. The database must be
updated annually and include the following data:
• The address and parcel number of the property;
• The number of units with number of bedrooms per unit;
• The year of construction completion;
• The date the affordability covenant or restriction was recorded;
• The document number of the recording;
• The expiration date of the covenant or restriction; and
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• The date and document number of any covenants or notices that may be
recorded when an ownership unit is sold.
Agency Compliance: The Agency's affordable housing data base is located on
the Agency webpage:
hftp: / /ci. moorpark. ca. us /moorparkcity /i mg /AB987Report. jan2009. pdf
AB 1389
Assembly Bill 1389 requires all redevelopment agencies to submit to the county
auditor on or before October 1, 2008, an accounting of the statutory pass- through
payments made by the agency pursuant to Health and Safety Code sections
33607.5 through 33607.7 between July 1, 2003, and June 30, 2008. If
concurrence is not achieved between the agency and the county auditor by
February 9, 2009, on the amounts that are owed to local educational agencies,
the agency may, after a specified procedure, be subject to severe restrictions on
its activities, including a prohibition on encumbering funds, incurring new debt,
adding or expanding a project area, or be required to reduce its monthly
administrative costs.
Agency Compliance: Concurrence with Ventura County has been achieved
2.2.2 Discretionary Legislation
SB 211
Senate Bill 211 states that redevelopment agencies may repeal the timeline for
incurring debt on redevelopment plans adopted prior to January 1, 1994, without
complying with normal amendment procedures. It also allows for the extension
of the time limits for plan expiration and for receiving tax increment revenues up
to ten (10) additional years if the agency can make the following findings:
• Significant blight remains;
• The local Housing Element is certified;
• There are no major redevelopment violations; and
• The agency is not in a state of "Excess Surplus" with its LMI Housing
fund.
Agencies that choose to adopt a ordinance authorizing the SB 211 provisions,
would also be required to pay statutory pass- through payments to all affected tax
entities that that currently do not have contractual fiscal agreements.
Agency Action: Ordinance 369 adopted on July 2, 2008, eliminated the debt
incurrence deadline.
SB 1045
Senate Bill 1045 authorizes redevelopment agencies that made ERAF payments
in FY 2003 -2004 to recover the ERAF payments by amending their
redevelopment plans by ordinance to extend the time of effectiveness of the plan
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and the agency's ability to collect tax increment by one (1) year. Modifications to
statutory pass- through payments are not triggered by the bill.
Agency Action: Ordinance 369 adopted on July 2, 2008, amended the plan
effectiveness date to July 4, 2030, and amended the time limit to receive tax
increment to July 4, 2040.
SB 1096
Senate Bill 1096 required every redevelopment agency to make an ERAF
payment to the county auditor for two (2) consecutive fiscal years, 2004 -2005
and 2005 -2006. Recognizing that ERAF payments are a financial burden on
redevelopment agencies, SB 1096 authorizes agencies to recover the ERAF
payments by amending their redevelopment plans by ordinance to extend the
time of effectiveness of the plan by one (1) year for each year of the ERAF
payments. The extension can be made if the existing time limit has no more than
ten (10) years remaining with no other requirements, or if the existing time limit is
between ten (10) years and twenty (20) years provided that the agency can make
the following findings:
• Agency is in compliance with Housing Fund requirements;
• Agency has an adopted Implementation Plan;
• Agency is in compliance with applicable replacement housing production
requirements; and
• Agency is not subject to sanctions for Low -and Moderate - Income Housing
Fund excess surplus.
Agency Action: The Project Area is not eligible for SB 1096 provisions because
the plan effectiveness deadline exceeds twenty years from the dates that the
2005 and 2006 ERAF payments were made.
2.3 SUMMARY OF HISTORIC IMPLEMENTATION PLAN GOALS AND
OBJECTIVES
The Moorpark Redevelopment Plan is a long -term document and, accordingly, includes
generalized goals and objectives over the term of its effectiveness. The purpose and
objective of the Redevelopment Plan is to eliminate the conditions of blight that exist in
the Project Area and to prevent the recurrence of blighting conditions.
As described above, implementation plans span a period of five years; consequently, the
goals and objectives set forth in these "short- term" implementation plans are more
specific and are intended to be modified over time as they are met and /or events require
their modification. The goals contained in the Preceding Implementation Plan are as
follows:
2.3.1 2005 -2009 Implementation Plan Goals
The main goals of the Preceding Implementation Plan were intended to revitalize
the Downtown Area with both non - housing activities and housing activities:
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Goal No. I: Encourage and increase economic development activities in the
Project Area
Objectives:
1.1 Provide resources for establishing new and retaining and expanding
existing commercial and industrial businesses in the Project Area.
1.2 Provide assistance with land acquisition and relocation of existing
uses to support public and private development.
1.3 Amend the Redevelopment Plan to re- institute eminent domain
authority within the Project Area as stipulated in Ordinance 111.'
Goal No. II: Make improvements to Project Area infrastructure and public
facilities which benefit the Project Area
Objectives:
11.1 Provide funding, as appropriate and feasible, for public facilities, such
as parking facilities, which serve properties in the Project Area.
11.2 Continue funding for infrastructure improvements in the public right -
of- way (including sewer, storm drain, water systems, and surface
improvements) which benefit the Project Area.
11.3 Reduce traffic congestion, install traffic signals as needed, improve
public safety, and reduce public parking deficiencies within the Project
Area.
11.4 Provide funding, as appropriate and feasible, for public service
facilities such as a library, senior center, and public safety facility
improvements.
Goal No. III: Revitalize the Downtown Area
Objectives:
111.1 Complete redevelopment of Agency -owned properties on High Street
including 467 High Street and property on the south side of High
Street between the MetroLink lot and Moorpark Avenue.
111.2 Work with private developers to acquire and redevelop property on
the east end of High Street.
111.3 Install MetroLink Station landscaping and access improvements.
111.4 Design and construct the new Magnolia Park on Charles Street.
111.5 Complete streetscape improvements along High Street and Moorpark
Avenue including: i) public and angle parking on High Street; ii)
widening of Moorpark avenue; and iii) enhancing pedestrian safety by
installing lighted, decorative bollards delineating vehicular and
pedestrian zones on both streets.
111.6 Develop and implement a Preservation /Reuse Plan for Birkenshaw
House and property.
111.7 Construct new City Hall /Civic Center and Public Works /Parks
Department Corporation Yard and complete construction of Police
Services Center.
The City Council declined to adopt an ordinance to extend eminent domain authority in September 2007.
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111.8 Underwrite or finance and construct the Human Services Center on a
two -acre site north of the Police Services Center.
111.9 Promote affordable housing by developing a minimum of 150 new
affordable housing units in the Downtown Area, including both single
family units and multiple family units.
Goal No. IV: Increase, improve, and preserve the supply of very low -, low -, and
moderate - income housing
Objectives:
IV.1 Promote and participate in public /private partnerships with non - profit
and for profit developers and /or property owners to rehabilitate
existing rental units for very low- and low- income households.
IV.2 Develop and implement owner - occupied, revolving loan program(s)
for low and moderate income households.
IV.3 Work with property owners and the development community to
identify infill parcels and to develop new housing units for very low -,
low -, and moderate - income households on these parcels.
IVA Work with the City to require new housing developments outside of
the Project Area to contribute financing and /or inclusionary units
intended for low- and moderate - income households.
IV.5 Provide additional opportunities for improving the Walnut Canyon
residential area north of Casey Road to complement Tract 5405
(which has nine moderate, four low, and four very low income units).
2.4 DESCRIPTION OF HOW THE AGENCY HAS IMPLEMENTED THE
GOALS OF THE PRECEDING IMPLEMENTATION PLAN
To accomplish its goals, the Agency has worked diligently with community leaders,
private sector businesses, and other governmental agencies. The economic downturn
that began in late 2006 negatively impacted the Agency's ability to execute its economic
development program. Nonetheless, the Agency continued to actively promote its
economic development programs. Key achievements of the Preceding Implementation
Plan time period (2004 -2009) are highlighted in Table 2 along with which goals and
blight conditions were addressed by the Agency's programs and projects.
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KEY GOALS ACHIEVEMENT
AGENCY PARTICIPATION KEY
GOAL KEY
a — funding
A — Prevent Blight Acceleration
b — planning or professional assistance
B — Economic Development /
c — business retention or business attraction services
Revitalization
C — Capital Improvements
Programs /Projects
Agency
Goal
Participation
Satisfaction
a, b, c
A, B
West High Street Development — The Agency removed infrastructure
improvements in support of the development of Agency -owned property
a, c
A, B
on High Street between Moorpark Avenue and the MetroLink station.
East High Street Development — The Agency commenced planning work
a, b, c
A, B
for the south side of High Street east of the MetroLink Station to Spring
Road. The Agency is also working to acquire land in the area.
Magnolia Street Park — The Agency assisted in the development of the
a, c
A, B
new Magnolia Street Park directly behind the new fire station. The
Agency assisted in property acquisition and capital improvements. .
Human Services Center — The Agency designed the center to integrate
a, b
A, B
multiple human service organizations.
Police Station — The Agency assisted in construction of the new police
a
B
station through property acquisition and assistance with development
costs.
Moorpark Avenue Downtown Corridor Projects — The Agency has
a, b
A, B
engaged in land acquisition aimed at stimulating investment in the
Moorpark Avenue corridor during this Implementation Plan period. 347
Moorpark Avenue was acquired through this program and is now being
marketed for redevelopment.
Business Enhancement Program — The Agency implemented a business
a, b, c
A, B
enhancement program in cooperation with the Economic Development
Collaborative of Ventura County (EDC -VC).
Partnered with Creative Woodworks to retain the business in Moorpark
c
B
and to assist with its expansion.
New Post Office — The Agency was instrumental in bringing the new Post
a
A, B
Office to the downtown area by making Agency -owned land available
on a long -term, low -cost lease. The Agency also improved the public
parking lot serving the post office and downtown businesses.
Business 911 Program —The Business 911 Program provides professional
a, b, c
A, B
services and assistance to businesses on a request basis. This
program is partly funded by the Agency.
High Street Streetscape Improvement Project — The Agency funded
a, b
A, B, C
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TABLE -7
KEY GOALS ACHIEVEMENT
AGENCY PARTICIPATION KEY
GOAL KEY
a — funding
A — Prevent Blight Acceleration
b — planning or professional assistance
B — Economic Development /
c — business retention or business attraction services
Revitalization
C — Capital Improvements
Programs /Projects
Agency
Goal
Participation
Satisfaction
design of streetscape improvements, which will be implemented during
the term of this Implementation Plan.
Infrastructure Projects Serving Downtown Area — The Agency financed
a, b
C
various infrastructure projects serving the downtown area, including:
• Installed High Street hardscape and drainage improvements.
• Financed and designed Walnut Canyon Strom Drain improvements
to accommodate New High Street Post Office
• Reconstructed Charles Street.
• Installed curb, gutter, and sidewalk improvements on Charles
Street.
• Financed and designed downtown parking lot located at the corner
of Moorpark Avenue and High Street
Infrastructure Projects Outside Downtown Area — The Agency has
a, b
C
contributed to various infrastructure projects outside the downtown
area, including:
• Acquired land and provided partial funding for Poindexter Park
development
• Built sound wall and installed landscaping along Los Angeles
Avenue
• Commissioned Spring Road Storm Drain Study and built
recommended improvements.
• Commissioned Moorpark Avenue Storm Drain Study and built
recommended improvements.
• Installed Flory Avenue hardscape improvements.
• Acquired land and provided construction funding for Magnolia Park.
• Financed part of Flinn Road re- alignment and traffic signal.
As shown Table 2, above, the Agency has focused on goals and objectives as set forth
in the Preceding Implementation Plan that relate directly to the provision, improvement,
and rehabilitation of public infrastructure to lessen conditions of blight and to improve the
overall economic and physical condition of the Project Areas. However, while the
Agency has spent substantial numbers of dollars on blight remediation, the projects
identified above have not been able to fully ameliorate the conditions of blight described
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in CCRL Sections 33031(a), 33031(b), and 33030(() and conditions of blight continue to
detract from more positive aspects of the Project Area. Available Agency resources will
continue to play an integral role in the City's ability to remedy negative physical and
economic conditions still affecting the Project Area.
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3.0 COMMUN/TYDEVELOPMENT /MPLEMENTA T /ON
3.1 GOALS AND OBJECTIVES: FY 2009 -10 — FY 201415
CCRL Section 33490(a)(1)(A) states that an implementation plan shall contain an
Agency's specific goals and objectives for the project area(s). These goals and
objectives are divided into two distinct categories: programs related to the provision or
replacement of affordable housing, and all other non - housing programs that the Agency
may pursue under the adopted redevelopment plan. This chapter focuses specifically on
the Agency's potential non - housing activities during this Plan's five -year period. The
chapter will describe specific projects and expenditures and explain how said projects
and expenditures will address conditions of blight in the Project Area. Potential housing
activities are discussed in Chapter 4.
The following goals and objectives are generally consistent with those of the Preceding
Plan, with only minor changes.
Goal No. I: Encourage and increase economic development activities in the Project
Area
Objectives:
1.1 Provide resources for attracting new businesses and retaining and assisting
with the expansion of existing businesses in the Project Area.
1.2 Provide assistance with land acquisition and relocation of existing uses to
support public and private development.
Goal No. 11: Make improvements to Project Area infrastructure and public facilities
which benefit the Project Area
Objectives:
11.1 Provide funding, as appropriate and feasible, for public facilities, such as
parking facilities, parks and recreation facilities, landscaping and other
amenities, which serve properties and people in the Project Area.
11.2 Continue funding for infrastructure improvements in the public right- of- way
(including sewer, storm drain, water systems, and surface improvements)
which benefit the Project Area.
11.3 Reduce traffic congestion, install traffic signals as needed, improve public
safety, and reduce public parking deficiencies within the Project Area.
11.4 Provide funding, as appropriate and feasible, for public service facilities such
as a library, senior center, human services and parks and recreational facilities.
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Goal No. III: Revitalize the Downtown Area
Objectives:
111.1 Complete redevelopment of Agency -owned properties on High Street including
467 High Street and property on the south side of High Street between the
MetroLink lot and Moorpark Avenue.
111.2 Work with private developers to acquire and redevelop property on the east
end of High Street.
111.3 Install MetroLink Station wall, landscaping, and access improvements.
111.4 Acquire land, if necessary, and construct new park and recreational facilities in
the Project Area.
111.5 Complete streetscape improvements along High Street and Moorpark Avenue
including: i) public and angle parking on High Street; ii) widening of Moorpark
Avenue consistent with the Circulation Element; and iii) enhancing public safety
by installing improvements such as lighted, decorative bollards delineating
vehicular and pedestrian zones as appropriate.
111.7 Expand Library.
111.8 Underwrite or finance and construct the Human Services Center on a two -acre
site north of the Police Services Center.
111.9 Acquire property and partner with private and non - profits developers provide a
minimum of 40 new affordable housing units in the Downtown Area, including
both single family units and multiple family units.
3.2 ECONOMIC AND COMMUNITY DEVELOPMENT PROJECTS AND
PROGRAMS
The Agency's non - housing projects and - programs are designed to meet its goal of
removing blight, highly leveraging the use of Agency funds, and improving the visual
attractiveness of the Project Area. However, expectations for the successful completion
of economic development projects and programs are conservative due to the current
recessionary economic climate and financial crisis that the nation is experiencing. Tax
increment is dependent upon the taxable value of land or improvements in the Project
Area. It is anticipated that revenue flows may diminish or not increase at the previous
rate due to events not controlled by the Agency. Nonetheless, the Agency will continue
to follow its goals and objectives as funding permits. These programs and projects
include:
EDC -VC Program — Participate in the Economic Development Collaborative- Ventura
County (EDC -VC) program to attract, retain and expand businesses in Ventura
County and in Moorpark.
Fagade Improvement Program — This program provides fagade improvement loans to
downtown Moorpark businesses.
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High Street Streetscape — This on -going program is aimed at improving the visual quality
and amenities of the High Street Area. It includes the completion of streetscape
improvements along High Street including public and angle parking on High Street;
and enhancing public safety by installing improvements such as lighted, decorative
bollards delineating vehicular and pedestrian zones as appropriate.
Downtown Improvement Program — This program includes a number of interrelated
activities, including:
• Acquire land, if necessary, and construct new park and recreation facilities in the
Project Area.
• The installation of MetroLink Station landscaping and access improvements.
• Expansion of the Library.
• Underwriting or financing and constructing the Human Services Center on a two -
acre site north of the Police Services Center.
• Downtown parking improvement to include purchase of Metrolink parking lot for
future use as Downtown public parking.
Commercial Development Support — This program is to work with private investors to
develop commercial property, and includes negotiations of development agreements
for property at 347 Moorpark Avenue, 467 High Street, and the south side of High
Street in cooperation with Askenazy.
3.3 Goals and Objectives Nexus to Blight Elimination
CCRL Section 33490(a)(1)(A) requires that each implementation plan contain an
"...explanation of how the goals and objectives... will eliminate blight within the project
area... ". Table 3 shows the relationship of the Agency's specific five -year objectives to
the eradication of remaining blight in the Project Area, as defined in CCRL Sections
33030 and 33031. Although the current definition of blight for consistency with state law
which has changed since the preparation of the Preceding Implementation Plan, the
physical and economic conditions addressed by the previous plan remain accurate.
Blight Conditions:
Physical: CCRL Section 33031(a)
1. Unsafe buildings
2. Standard, defective or obsolete design or construction
3. Incompatible land uses
4. Irregular and inadequate lots under multiple ownership
Economic: CCRL Section 33031(b)
5. Depreciated or stagnant property values
6. Abnormally high business vacancies, low lease rates, or high number of
abandoned buildings
7. Serious lack of commercial facilities
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8. Serious residential overcrowding
Public Infrastructure: CCRL 33030(C)
9. Inadequate public improvements
10. Inadequate water or sewer facilities
Table 3 shows the relationship of the Agency's specific five -year work program to its
objectives and to the eradication of remaining blight, as defined in CCRL Sections 33030
and 33031 for the Project Area.
3.4 PROGRAM AMENDMENTS
The Agency has identified the projects and programs shown herein as the most
probable implementation activities for the term of this Implementation Plan. Since other
public and private projects, not foreseen today, may be deemed feasible and
preferential in eliminating blight, it may be necessary from time to time for the Agency to
make changes to programs and activities.
Whether or not listed herein, specific projects and programs may be constructed or
funded by the Agency during the period covered by this Implementation Plan, if the
Agency finds that:
The goals and objectives of the Redevelopment Plan are furthered;
2. Specific conditions of physical or economic blight within the Project Area
will be mitigated in whole or in part through implementation of the project;
and
3. Specific conditions relative to a development project, including the financial
feasibility thereof, require that the public improvement project be
constructed at the time in question.
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TABLE
GOAL ACHIEVEMENT
AND .
Program /Project
Satisfies Objective
Addresses Blight
Number'
Condition
Number2
EDC -VC Program
1.1
4,5
Fagade Improvement Program
1.1, 111.1
1, 2, 5
High Street Streetscape
11.1, 11.2
2,5
Downtown Improvement Program
11.1, 11.2, 11.3, 11.4,
1, 2, 3, 4, 5, 7
111.1, 111.2
Commercial Development Support
1.1, 1.2, 111.1, 111.2
2, 3, 4, 5, 7
Infrastructure Improvement Activities
LL.1, 11.2, 11.4
5, 10, 11
' Refer to Section 3.1
2 Refer to Section 3.3
3.4 PROGRAM AMENDMENTS
The Agency has identified the projects and programs shown herein as the most
probable implementation activities for the term of this Implementation Plan. Since other
public and private projects, not foreseen today, may be deemed feasible and
preferential in eliminating blight, it may be necessary from time to time for the Agency to
make changes to programs and activities.
Whether or not listed herein, specific projects and programs may be constructed or
funded by the Agency during the period covered by this Implementation Plan, if the
Agency finds that:
The goals and objectives of the Redevelopment Plan are furthered;
2. Specific conditions of physical or economic blight within the Project Area
will be mitigated in whole or in part through implementation of the project;
and
3. Specific conditions relative to a development project, including the financial
feasibility thereof, require that the public improvement project be
constructed at the time in question.
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3.5 PROJECTED AGENCY GENERAL REDEVELOPMENT FUND INCOME
AND EXPENDITURES
The Agency has identified several major sources of funds for the programs and activities
planned over the next five years. These funding sources may include, but are not limited
to:
• Sale of tax allocation bonds supported by tax increment revenues from the
project area.
• Tax increment revenues over and above the amounts required to cover debt
service on the tax allocation bonds.
• Proceeds from land sales to private developers for purposes of implementing
specific redevelopment projects.
• Loans and advances from the City of Moorpark.
• Community Development Block Grant (CDBG) funds, which are only to be used
to provide community facilities, services, and residential rehabilitation programs
in low -and moderate - income areas.
• Other Federal and State grants and loan programs.
Although the Agency is continuing to aggressively implement its community
development and economic development goals, the success of its programs and
projects is largely dependent upon the strength of the national, state, and regional
economies. Tax increment revenue in the Project Area is expected to decline by I% in
FY2010 -11, then to be stagnant over the next two years, and then only to increase
slowly through 2013 - 2014.
In 2008, the state attempted to force local redevelopment agencies to make a unilateral
Educational Revenue Augmentation Fund (ERAF) payment to the state of California for
fiscal year 2008 -2009 in the amount of $350 million statewide. The California
Redevelopment Association (CRA) filed a lawsuit to stop the ERAF payments. On April
30, 2009, the courts ruled in CRA's favor, and found unconstitutional a provision in the
current state budget that would have required redevelopment agencies statewide to
transfer monies to fund state obligations. The State chose not to pursue an appeal of
this ruling.
In July 2009, the State legislature voted to balance the State budget with the taking of
redevelopment funds. The State budget added a Supplemental Educational Revenue
Augmentation Fund ( SERAF) payment of $1.7 billion statewide in 2009 -2010 and re-
instated the $350 million for payment in 2010 -2011. The Agency's SERAF take for
2009 -10 is $1,923,315 and $395,977 in 2010 -11. At the time this Implementation Plan
was prepared, the final determination of the legality of the SERAF takings had not been
finalized.
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PROGRAM CATEGORY
PROJECT TABLE 4
-
JECTED GENERAL REDEVE-OPMENT FUND RECEIPTS
FY 2008-09 -e
FISCAL YEAR
2008 -09
1 2009 -10
2010 -11
1 2011 -12
1 2012 -13
1 2013 -14
CASH BALANCE FORWARD
$21,205,67
$15,297,1411
$7,932,2931
$4,885,6821
$2,260,0331
$1,075,959
A. Tax Increment'
$6,704,844
$6 ,779,306
$6,685,033
$6,685,033
$6,778,3631
$6,966,890
B. Interest Income
$424,113
$305,943
$158,646
$97,714
$45,201
$21,519
D. Rental Income
22,000
34,000
34,680
35,374
36,081
36.803
E. Sale of Property"
0
0
0
0
0
0
F. Other Income'
78,600
81,000
82,620
84,272
85,958
87,677
Annual Receipts
$7,229,558
$7,200,248
$6,960,978
$6,902,392
$6,945,602
$7,112,889
TOTAL AVAILABLE
1 $28,435,2321
$22,497,3891
$14,893,2721
$11,788,0741
$9,205,636
$8,188,848
A. LMI Set -Aside Funds'
$1,340,969
$1,355,861
$1,337,007
$1,337,007
$1,355,673
$1,393,378
B. Community Development'
400,000
210,000
214,200
218,484
222,854
227,311
C- Pass Through Pa mentsii
3,132,911
3,178,552
3,120,767
3,120,767
3,177,975
3,293,533
D. Tax Admin. Fees9
134,097
135,586
133,701
133,701
135,567
139,338
E. Bond Debt Service10
1,221,714
1,765,522
1,763,949
1,761,357
1,761,748
1,761,980
F. Capital Projects
6,243,859
7,000,000
2,500,000
2,000,000
500,000
0
G Direct Administration
327,076
502,824
512,880
523,138
533,601
544,273
H. Other/Transfers/Adjustments"
337,465
416,751
425,086
433,588
442,259
451,105
Annual Expenditures
$13,138,091
$14,565,096
$10,007,590
$9,528,041
$8,129,676
$7,810,917
YEARLY ENDING BALANCE
$15,297,141
$7,932,293
$4,885,682
$2,260,033
$1,075,959
$377,931
I. SERAF payments $0 $1,923,315 $395,977
$0 $0 $0
Annual Expenditures $13,138,091
$16,488,411 $10,403,566
$9,528,041 $8,129,676 $7,810,917
YEARLY ENDING BALANCE $15,297,141
$6,008,978 $2,566,390
459,258 - $1,243,332 41,941,360
Note Fiscal Year 2006 -09 beginning balance is from City sources
' Based on actual FY2008 -09 & preliminary 2009 -10 assessed valuation as provided by the Ventura County Auditor Controller with a 1 % reduction in 2010 -11, 0% growth
in 2011 -12, 1 % growth in 2012 -13. and 29,6 growth in 2013 -14
2A 2% interest earnings rate on Yearly Beginning Balances is assumed
' Income from rent of Agnecy-owned facilities
' Anticipated sale of property
'Other income is based on the FY 2008 -09 budget and includes miscellaneous income from use of Agency -owned facilities
9 Pursuant to CCRL 33334.4, the Low and Moderate Income Housing Set Aside Funds are equal to twenty percent of tax increment revenue
7 Planning, administration, and professional services Program expenditures are based on UFI and Agency projections
e Pass - through payments pursuant to the terns of negotiated agreements
s Capital outlays based on FY 2008-09 Agency budget and discussions with Agency stall.
10 As shown on the Offioal Statement for the following Tax Allocation Bonds
"Shown are transfers to the City per City cost allocation formulas
The Projected General Redevelopment Fund Receipts and Expenditures Table (Table 4)
summarizes the anticipated revenues and expenditures for the 2010 - 2014 General
Redevelopment Fund. These numbers are not to be used for bonding purposes; they
are solely intended to reflect general trends and assumptions.
The Agency's budget is constrained by a number of factors. Tax increment receipts will
either decline or be relatively stagnant during the five -year planning period due to the
weakened real estate economy. High fixed costs further constrain the Agency. These
include fixed contractual payments to taxing agencies, debt payments, Low- and
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Moderate - Income Housing Fund payments, and Agency operating costs. The greatest
flexibility for the near term is in the capital improvement fund.
Table 4 shows a scaled -back implementation program during the next five years, due
mainly to the expected low rate of tax increment growth coupled with increasing
operating costs. Table 4's projections show the Agency putting about $7 million into
capital improvements during FY2009 -2010. It is assumed that these funds will be used
to begin construction of the Human Services Complex. Fiscal Years 2010 -2011 and
2011 -2012 show capital investments of $2.5 million and $2.0 million respectively.
Capital expenditures will decline to $500,000 in FY2012 -2013, and zero in FY2013-
2014. Based on this program, the Agency will maintain a positive year -end balance
throughout the five -year planning period. If property values, and thus tax increment,
increases at a higher rate than projected, more funds will be available for Agency
programs and projects.
In order to reduce the scope of the Agency's program to account for stagnant tax
increment receipts over the five -year term of this Implementation Plan, the following
actions and program amendments are recommended for consideration:
• Finance the Human Services Center over a longer period of time, or reduce the
Agency's contribution to the center.
• Refinance existing debt to reduce fixed annual debt payments.
• Sell Agency -owned properties which has been delayed by the declining economy.
• Delay the construction of the railroad crossing improvements.
• Delay implementation of High Street streetscape.
• Delay construction of the Metrolink parking lot.
• Discontinue or reduce funding of the High Street Arts Center operations.
• Amend the Redevelopment Plan to include new territory as feasible and appropriate.
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4.0 HOUSING COMPLIANCE PLAN
CCRL Section 33413(b)(4) requires each redevelopment agency to adopt a compliance plan as
part of the implementation plan required by CCRL Section 33490 indicating how the agency will
comply with the requirements set forth in CCRL Section 33413(b). This section of the
Implementation Plan complies with this requirement and is the Agency's Housing Compliance
Plan. It describes how the Agency intends to expend monies in the LMI Housing Fund
consistent with the provisions of CCRL Section 33334.4 as amended by Assembly Bill 637 and
made effective on January 1, 2002, and Senate Bill 701 (Torlakson) effective January 1, 2003.
These bills clarified and added housing compliance plan requirements. Since a redevelopment
agency may expend funds from its LMI Housing Fund anywhere in the community, it is not
necessary to segregate LMI Housing Fund monies generated from within each Project Area.
This Compliance Plan update takes into account all residential construction or substantial
rehabilitation that has occurred within the Project Area since adoption of the Compliance Plan,
in order to determine whether the Agency is still meeting its affordable housing production
needs. New construction and substantial rehabilitation statistics were obtained via a review of
the City's building permits, previously prepared documents, and discussions with City staff.
The CCRL defines and limits assisted income categories as follows (the CCRL does not
separate the extremely low- and very-low income categories; federal housing programs do
make a distinction)2:
Very Low Income — persons or households whose gross income does not exceed 50%
of the area's median income;
Low Income — persons or households whose gross income is greater than 50 %, but
does not exceed 80% of the area's income; and
Moderate - Income — persons or households whose gross income is greater than 80 %,
but does not exceed 120% of the area's median income.
Affordable housing cost is defined as
Very Low Income — Not more than 30% of 50% of the County median household
income;
Low Income — Not more than 30% of 70% (or 60% for rental projects) of the County
median household income; and
Moderate - Income — Not more than 35% of 110% (or 30% of 120% for rental projects) of
the County median household income.
4.1 HOUSING PRODUCTION REQUREMENTS
One of the fundamental goals of redevelopment in California is the production,
improvement and preservation of the supply of housing affordable to very low -, low -, and
moderate - income households. This goal is accomplished, in part, through the execution
2 As of 2005 per 2005 -2010 City of Lompoc Consolidated Plan
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of four different, but interrelated requirements imposed on redevelopment agencies by
the CCRL. These requirements are:
An agency must use at least 20 percent of its tax increment revenue to increase,
improve and preserve the supply of low- and moderate - income housing in the
community (CCRL Section 33334.2);
• An agency must replace, in equal or greater number, very low -, low -, and moderate -
income housing units and bedrooms which are destroyed or removed as a result of a
redevelopment project (the "replacement rule," CCRL Section 33413(a));
• An agency must ensure that a fixed percentage of all new or substantially
rehabilitated dwelling units are affordable to very low -, low -, and moderate - income
persons and families (the "inclusionary rule," CCRL Section 33413(b)(1))
At least 30 percent of all new or substantially rehabilitated dwelling units
developed by the Agency must be available to persons or families of low- or
moderate - income. Of these, 50 percent must be available to very low- income
households. This requirement would apply to housing developed directly by
the Agency, but not to housing projects developed by a private party under an
agreement with the Agency.
- At least 15 percent of all new dwelling units developed by parties other than
the Agency or substantially rehabilitated dwelling units developed with Agency
assistance shall be available at affordable costs to persons or families of low -
or moderate - income. Of these, 40 percent must be available at affordable
costs to very low- income households. This requirement applies in the
aggregate, and not to each individual housing development project. These
low- and moderate - income dwelling units may be provided outside the Project
Area, but will only be counted on a two- for -one basis. In other words, if the
Agency has an inclusionary housing need of 10 units inside the Project Area,
then 20 units outside the Project Area would satisfy the overall requirement
on a two- for -one basis.
Only low- and moderate - income housing units whose affordability is
guaranteed on an on -going basis over the long term may be counted in
meeting these requirements. For the purposes of this plan, long -term
affordability is defined as not less than 55 years for rental units and 45 years
for home ownership, or as otherwise defined in CCRL Section 33413(c).
t2 PAST HOUSING PRODUCTION
This section presents an analysis of the Agency's compliance with CCRL Sections
33490, 33413, 33334.2 or 33334.6, 33334.3, and 33334.4 regarding the Agency's
housing production program for Preceding Implementation Plan time period. The
information provided through Fiscal Year 2008/09 is factual, based upon the annual
Agency reports to HCD of housing activity, the preceding implementation plan, the
Housing Element, and other empirical data. Subsequent data is estimated by Agency
and UFI staff.
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Inclusionary units are those units in which the Agency holds the affordability covenants.
Affordable units located within the Project Area, but with covenants held by another
party, are not credited towards the Agency's inclusionary requirement.
As outlined above, housing production requirements are based upon replacement
housing and inclusionary housing requirements. To determine whether an Agency has
met those requirements, each category must be reviewed.
Replacement Housing
Between July 1, 2004, and June 30, 2009, the Agency removed one affordable housing
unit, which was replaced.
Inclusionary Housing in the Project Area: Agency Developed
Between July 1, 2004, and June 30, 2009, the Agency developed three affordable
housing projects inside the Project Area. The inclusionary requirement for non - agency
built housing is 30 percent of the units produced, with 50 percent of those units made
available to Very Low - Income households. Therefore, the inclusionary obligation
accrued for the Preceding Implementation Plan term was 1 unit restricted for Very Low -
Income households.
Inclusionary Housina Outside the Proiect Area: Agencv Developed
Between July 1, 2004, and June 30, 2009, the Agency did not develop any affordable
housing units outside the Project Area.
Inclusionary Housinq Outside the Proiect Area: Non-Agency Developed or Agency
Assisted
The Agency is presently working with a developer outside the Project Area to provide
low- income units. The developer is presently providing 25 units, and will provide 12
more in the future.
Inclusionary Housing Inside the Proiect Area: Non-Agency Developed
According to Agency staff, there were 321 non - agency new units built in the Project Area
between July 1, 2004, and June 30, 2009. The inclusionary requirement for non - agency
built housing is 15 percent of the units produced, with 40 percent of those units made
available to Very Low - Income households. Therefore, the inclusionary obligation
accrued for the Preceding Implementation Plan term was 48 units with 20 of these units
restricted for Very Low - Income households and 28 units for Low- and Moderate - Income
households.
There were 214 affordable units built within the Project Area. However, to meet the
inclusionary housing obligation required by the CCRL, ownership units must remain
affordable for 45 years and rental units for 55 years. The 15 affordable units in the
Mountain View project are restricted for 30 years, and therefore may not be counted
towards meeting the Agency's inclusionary obligation. Table 5 demonstrates the City's
commitment to the provision of affordable housing for Moorpark residents.
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Summary of Inclusionary Obligation
Based upon data provided in the Preceding Implementation Plan, the Agency began the
2004 -2009 Implementation Plan period with a net inclusionary obligation deficit of 14
affordable units: a surplus of 4 Low- and Moderate - Income units and a deficit of 18 Very
Low - Income units. During the course of the Implementation Plan term, 324 units were
produced in the Project Area incurring an inclusionary obligation of 48 non - Agency and 1
Agency developed units.
The Agency has erased its inclusionary housing deficit with the production of 199
affordable units. Table 6 demonstrates the 2005 -2009 inclusionary housing obligation
and production that results in a cumulative surplus of 41 Very Low - Income units and 68
Low- and Moderate - income units through June 30, 2009. This surplus will be carried
over to determine the Agency inclusionary housing obligation for the next five and ten
years as required by State redevelopment law.
N-01
JULY' 2004 THROUGH
•
JUNE 3C_ 2X�_,
Project
Total units
Affordability Term
Affordable Units
Expiration Date
Very Low Low Mod
Vintage Crest Senior Apartments
190
55 years
76
114
Life of Project
Mountain View
33
30 years
0
0
vanes
Moondance (Colmer)
21
Perpetuity
1
2
Moondance (Agency - constructed)
3
Perpetuity
1
2
TR Partners
8
Perpetuity
0
1
Canterbury Lane (Shea Homes)
60
Perpetuity
0
2
Other Private Single Family
9
None
0
0
TOTAL
324
--
78
121
Summary of Inclusionary Obligation
Based upon data provided in the Preceding Implementation Plan, the Agency began the
2004 -2009 Implementation Plan period with a net inclusionary obligation deficit of 14
affordable units: a surplus of 4 Low- and Moderate - Income units and a deficit of 18 Very
Low - Income units. During the course of the Implementation Plan term, 324 units were
produced in the Project Area incurring an inclusionary obligation of 48 non - Agency and 1
Agency developed units.
The Agency has erased its inclusionary housing deficit with the production of 199
affordable units. Table 6 demonstrates the 2005 -2009 inclusionary housing obligation
and production that results in a cumulative surplus of 41 Very Low - Income units and 68
Low- and Moderate - income units through June 30, 2009. This surplus will be carried
over to determine the Agency inclusionary housing obligation for the next five and ten
years as required by State redevelopment law.
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4.3 PROJECTED HOUSING PRODUCTION
The same analysis applies to projected housing production for the current
Implementation Plan to anticipate the Agency's continued compliance with CCRL
Sections 33490, 33413, 33334.2 or 33334.6, 33334.3, and 33334.4. The data is
estimated based upon Staff discussions, the Housing Element, and other empirical data.
Replacement Housing
The Agency is not anticipating destroying or removing any occupied low- and moderate -
income housing units from within the Project Area.
Inclusionary Housing in the Project Area: Agency Developed
The Agency anticipates directly producing one new unit within the Project Area. The
Agency expects to contract with private entities for the rehabilitation and production of
affordable units.
Inclusionary Housing Outside the Project Area: Agency Developed
The Agency does not anticipate directly producing units or contracting with private
entities to produce covenanted affordable units outside of the Project Area.
.W
TABLE
INCLUSIONARY HOUSING •
JULY THROUGH JUNE :"C; 2K9
Units Made Affordable at Affordable Housing Cost
Project Area Status
Dwellin g
TOTAL
VeryLows
Low - Moderates
Cumulative Deficit or
Surplus
Units
Actual
Actual
Produced
Inclusionary
Inclusionary
Number
Inclusionary
Number
Very
Low -
Obligation
Obligation
of Units
Obligation
of Units
Low
Moderate
Restricted
Restricted
Balance Forwardz
301
45
18
0
27
0
-18
-27
Agency Developed'
3
1
1
1
0
2
1
2
Non - Agency
321
48
20
78
28
121
58
93
Developed4
New Balance
625
94
39
79
55
123
41
66
Forward
Compliance with Sections 33413(b)(1),(c),(d)(1), and 33490(a)92)(A)(ii).
2 Per Preceding Implementation Plan (July 1, 1999 - June 30, 2004).
3 Inclusionary obligation is 30 percent of units produced with 50 percent allocated to Very Low - Income households.
4 Inclusionary obligation is 15 percent of units produced with 40 percent allocated to Very Low - Income households.
s As defined by Health and Safety Code 50105
As defined by Health and Safety Code 50093
4.3 PROJECTED HOUSING PRODUCTION
The same analysis applies to projected housing production for the current
Implementation Plan to anticipate the Agency's continued compliance with CCRL
Sections 33490, 33413, 33334.2 or 33334.6, 33334.3, and 33334.4. The data is
estimated based upon Staff discussions, the Housing Element, and other empirical data.
Replacement Housing
The Agency is not anticipating destroying or removing any occupied low- and moderate -
income housing units from within the Project Area.
Inclusionary Housing in the Project Area: Agency Developed
The Agency anticipates directly producing one new unit within the Project Area. The
Agency expects to contract with private entities for the rehabilitation and production of
affordable units.
Inclusionary Housing Outside the Project Area: Agency Developed
The Agency does not anticipate directly producing units or contracting with private
entities to produce covenanted affordable units outside of the Project Area.
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Inclusionary Housing Inside the Project Area: Non - Agency Developed
The number of units anticipated to be constructed in the Project Area between 2010 and
2014 is extrapolated from a 2007 field reconnaissance survey of property in the Project
Area. Among other things, the survey identified vacant property that was zoned
residential and on which housing could reasonably be constructed. Table 7 outlines the
potential housing build -out by zoning.
MAXIMUM
Zonin
DEVFI.OPMENT
BY ZONING
Maximum
Densit�r
du/ac
ABLE
P,'-)TFNTIAL IN PROJECI AREA
AND ACREAGE
Parcel Maximum
Count Acrea a Units
R -1
6.99
26
9.2 64
R -1-6
7.26
8
1.4 10
RE
4.36
10
11.5 50
RE -1 AC
1
11
4.6 5
RE -20
20
2
1.3 26
RE -5AC
5
1
21.2 106
RPD -1.63U
1.63
2
16.6 27
RPD -12U
12
25
18.4 221
RPD -15U
15
7
7.7 116
RPD -16.2U
16.2
1
2.8 45
RPD -20U
20
1
2.6 52
RPD -7.5U
7.5
1
4.9 37
RPD -7 -14U
14
9
3.2 45
RPD -7U
7
4
31.8 223
RPD -9.1 U
9.1
1
0.1 1
TOTAL
147.04
109
137.3 1,027
' Dwelling units per acre (du /ac)
Potential residential build -out in the Project Area is 1,027 units. Assuming a 20 -year
build -out period, 257 units would be built per every 5 -year increment. The inclusionary
requirement for 257 units is 39 units, of which 15 would be restricted for households of
Very Low - Income and 24 for Low- and Moderate - Income households.
Summary of Inclusionary Obligation
As shown in Table 6, the Agency will begin the current Implementation Plan period with
an inclusionary obligation surplus of 109 affordable units, of which 41 are Very Low -
Income units and 68 are Low -and Moderate - Income units. During the course of the
2010 -2014 Implementation Plan term, an additional 257 units are expected to be
constructed in the Project Area. This would add an inclusionary obligation of 39 units.
Table 8 projects the inclusionary obligation and status for the Agency over the next five
years. With the assumptions made in this report, the Agency will have exceeded its
obligations for inclusionary housing at the end of the Implementation Plan period. Even
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if no affordable housing projects are constructed, the Agency will have exceeded its
inclusionary obligation.
4.4 LOW AND MODERATE INCOME HOUSING GOALS
The Agency has one affordable housing goal with nine objectives:
GOAL: INCREASE, IMPROVE AND PRESERVE THE QUALITY OF
LOW /MODERATE INCOME HOUSING THROUGHOUT THE PROJECT
AREAS AND THE CITY
OBJECTIVES
1. Promote and participate in public /private partnerships with non-
profit and for profit developers and /or property owners to build
new housing units and /or rehabilitate existing rental units for
very-low and low- income households.
2. Develop and implement owner - occupied, revolving loan
program(s) to help low- and moderate - income households
purchase new or rehabilitated homes.
3. Work with property owners and the development community to
identify and acquire in -fill housing development parcels, and to
partner with private and non - profit entities to construct new
housing units for very low -, low -, and moderate - income
households on these parcels.
32
mg _
Units
Produced
—OTITA a e or a e ousm o
o ea us
TOTAL
VeryLow6
Low- Moderatee
Cumulative Deficit or
Surplus
Inclusionary
Obligation
Inclusionary
Obligation
Actual
Number
of Units
Restricted
Inclusionary
Obligation
Actual
Number
of Units
Restricted
Very Low
Low -
Moderate
Balance Forward2
625
94
39
79
55
123
41
68
Agency Developed'
1
1
1
0
0
0
-1
0
Non - Agency Developed or
Assisted'
257
39
16
0
23
0
-16
-23
New Balance Forward
883 1
134 1
58 1
79
78
123
24
45
' Compliance with Sections 33413(b)(1),(c),(d)(1),
and 33490(a)92)(A)(ii).
2 Per Section 4.2 of this Implementation Plan.
3lnclusionary obligation is 30 percent of units produced with 50 percent allocated to Very-Low Income households.
4 Inclusionary obligation is 15 percent of units produced with 40 percent allocated to Very-Low Income households.
5 As defined by Health and Safety Code 50105
6 As defined by Health and Safety Code 50093
4.4 LOW AND MODERATE INCOME HOUSING GOALS
The Agency has one affordable housing goal with nine objectives:
GOAL: INCREASE, IMPROVE AND PRESERVE THE QUALITY OF
LOW /MODERATE INCOME HOUSING THROUGHOUT THE PROJECT
AREAS AND THE CITY
OBJECTIVES
1. Promote and participate in public /private partnerships with non-
profit and for profit developers and /or property owners to build
new housing units and /or rehabilitate existing rental units for
very-low and low- income households.
2. Develop and implement owner - occupied, revolving loan
program(s) to help low- and moderate - income households
purchase new or rehabilitated homes.
3. Work with property owners and the development community to
identify and acquire in -fill housing development parcels, and to
partner with private and non - profit entities to construct new
housing units for very low -, low -, and moderate - income
households on these parcels.
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4. Work with the City to require new housing developments outside
of the Project Area to contribute financing and /or inclusionary
units intended for low- and moderate - income households.
5. Provide additional opportunities for improving the Walnut
Canyon residential area north of Casey Road.
4.5 PROJECTED HOUSING NEEDS
CCRL Section 33334.4(a) requires that an agency must expend its LMI Housing Fund
monies towards assisting housing for persons of very low- , low- income and moderate -
income in at least the same proportion as the total number of housing units needed for
each of these income groups bears to the total number of units needed for very low -,
low -, and moderate - income households within the community, as those needs have
been determined by the most recent Regional Housing Needs Assessment (RHNA).
This requirement must be met over the same 10 -year implementation plan period as the
requirements of CCRL Section 33413(b).
CCRL Section 33334.4(b), requires an Agency to expend LMI Housing Fund monies in
at least the same proportion as the population under the age of 65 bears to the total
population of the community as identified by the most recent census.
4.5.1 Regional Housing Needs Assessment
The state legislature adopted Assembly Bill 2853 in 1980 requiring all councils of
government to develop regional allocations of housing needs (new and existing)
for all income categories (fair share of housing) based on regional housing
needs. The Ventura County Regional Housing Needs Assessment (RHNA)
states that the fair share for the City of Moorpark for period ending June 30, 2014
is 1,617 units. The income distribution is shown in Table 9:
TABLE
REGIONAL
SHARE •
Income Distribution
•
Required Units
Very Low Income
363
Low Income
292
Moderate Income
335
Sub - Total: Affordable Units
990
Above Moderate
627
TOTAL
1,617
Source: Southem Califomia Association of Govemments
Table 10 identifies the City's estimated housing need by income limits for very
low -, low -, moderate- and above moderate income households within the
community by percentage of total housing units. Per CCRL Section 33334.4(a),
these percentages are to be applied to Agency LMI Housing Fund spending.
Based on the housing needs determined through the Fair Share Allocation
process, at least 36.67 percent of all LMI Housing Fund expenditures must be
made towards assisting very low- income headed households and at least 29.49
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percent must be made towards assisting low- income headed households.
Approximately 33.83 percent of all LMI Housing Fund expenditures can be used
to assist moderate income households.
Above Moderate (Market rate units) 627 N/A 38.8
TOTAL UNITS 1,617 100.0 100.0
4.5.2 Senior Housing Need Assessment
CCRL Section 33334.4(b) limits the amount of money an agency can
utilize from its LMI Housing Fund to assist senior, affordable housing. An
agency must spend LMI Funds in the same proportion as senior low -
income households bear to the total low- income households in the
community, as determined in the most recent U.S. Census3. Prior to
2005, the agency limitation was based on the proportion that the senior
population represented in the entire community. In 2005, SB 527 shifted
the emphasis to low income households due to the fact that in many
communities, the senior population has a greater proportion of low -
income earners and, therefore, a greater need for housing assistance
than the general population. For example, seniors could represent only
ten 10% of the overall population of a community, but constitute 25% of
the low- income population of the community. In such a circumstance, SIB
527 allows an agency to provide assistance to a greater proportion of
senior housing than the previous law allowed.
In order to compute the ratio of low income senior households, 2000
Census data is used. Table 11 summarizes the calculation for Moorpark's
LMI Housing Fund.
TABLE 11
DISTRIBUTION OF LOVV INCOME SENIOR HOUSEHOLDS
Total Number of Low- Income Households 2,343
Number of Low- Income Senior Households (2) 405
Ratio of Senior Households to Total 17.3%
' Source: U.S. Census Bureau - 2000 Census
s Indudes both renters and owners
3 It should be noted that the Census data considers age 62 and over to be "senior" whereas the CCRL utilizes age 65
and over. Also, the income levels in the Census are based on "Median Family Income" rather than the "Area Median
Income" specified in the CCRL. These discrepancies are not addressed in 33334.4 and no case law currently exists
to provide clarity. The approach used to compute the ratio of senior households reflects best industry practices.
34
Resolution No. 2010 -223
Page 43
Iloorlurk Rede relolnment I'roiert
Inwlemenlution Plan 010 -2014
According to the 2000 Census, 17.3% of the City's low income
households (405) were occupied by low- income seniors. Therefore, in
carrying out the requirements of CCRL Section 33334.4(a), no more than
17.3% percent of LMI Housing Fund expenditures may be allocated
towards exclusively assisting senior restricted housing.
4.6 LOW- AND MODERATE - INCOME HOUSING PROGRAM
To address the housing needs noted above, the Agency intends to implement a limited
housing program during the period of this Implementation Plan based on a mix of new
residential construction and rehabilitation of existing dwellings. As noted previously, the
national financial crisis has significantly impacted both the private and the public sector's
ability to construct decent and affordable housing. Nonetheless, the Agency intends to
pursue implementation of several programs and projects during the term of this
Implementation Plan, subject to funding availability. These programs may include a
downpayment assistance program for low- and moderate - income households, new
construction of affordable units, and a housing rehabilitation program.
• Research the development of housing programs that will lead to the replacement and
rehabilitation of low and moderate income housing units and off -site improvements;
• Identify, participate in, and monitor housing programs that meet the Agency's
inclusionary and replacement housing requirements;
• Respond to miscellaneous neighborhood improvement needs; and
• Pursue the acquisition and recordation of covenants to ensure long term affordability
of residential units.
• Pursue implementation of several programs and projects during the term of this
Implementation Plan, subject to funding availability. These programs may include a
down payment assistance program for low- and moderate - income households, new
construction of affordable units, and a housing rehabilitation program.
4.7 LOW- AND MODERATE - INCOME HOUSING FUND
Funding for the Agency's housing program comes from several sources including state
funds and tax increment financing. The purpose of the Implementation Plan is to
document compliance with state redevelopment law; therefore, this report only analyzes
tax increment financing and its relationship to housing plan compliance.
4.7.1 Tax Increment Financing
As required by redevelopment law, the Agency will set aside twenty percent of its
gross tax increment toward increasing, improving, and preserving affordable
housing in the City of Moorpark. Table 12 summarizes the anticipated revenues
and expenditures in the Low and Moderate Income (LMI) Housing Fund. These
numbers are based on the Agency's fiscal reports, not the budget, and reflect
actual expenditure rates. The numbers should not be used for bonding
purposes; they are solely intended to reflect general trends and assumptions. A
detailed accounting is shown in Appendix D, including an accounting of excess
surplus.
35
Resolution No. 2010 -223
Page 44
0 011)ark Relic rclolmi nt Project
lnrhlrn7c�nlr�tion Plan 2010-2014
"Other Revenues" includes interest income and use of property (rental income).
"Community Development" includes general and administration expenditures
allocated to the LMI fund as well as projections of affordable housing program
budgets.
-.
FUND ACTIVITY
TABLE 12
a PROGRAW LXPENDITURES
FY 2008 09 THROUGH
2008-09'
1 2009 -10
1 2010 -11
2011 -12
1 2012 -13
1 2013 -14
CASH BALANCE FORWARD
897
117.9
817.842
1,607,51
41 9
3,246,311
Tax Increment 20 %of gross allocation
1.340,9691
1,355.8611
1.337,0071
1,337,0071
1.355,6731
11393,378
B Investment or Interest Income
4.0001
2.3591
16.3571
32.1501
48,2601
64,
C Rental or Lease Income
I 24,OODI
31,OODI
31,0001
31.0001
31,ODDI
31,
Total Receipts
1,38898
1,389,2201
1,384.3631
1,400.1571
1,434,9321
1 489,
TOTAL AVAILABLE
I 2,288,
1.507,1461
Z2OZ2061
3,007,6701
3.847,9101
4,735,615
A. Acquisition of Property
1.045.4871
01
0
01
01
01
B Data Service
152.0001
152,DDOI
152,000
152,
152.00DI
152,
C. Commundy Developirri
74,2234
95,7351
0
of
01
01
D. Construction, Rehabilitation, Infrastructure. and other
497.6311
95,7351
100,OD0
1DO.0001
100.0001
1DO.DDOI
E. Other/Transfers/Adjustments
379.3681
345,8331
342,692
342,6921
349.5991
363,
Total Expenditures
2,14904
689,30
594,692
594,692
601,5991
815
YEARLY ENDING BALANCE
117,9261
817,6421
1,607,513
41$8
3,2M,31 1
4,120,
Excess Surplus Anslysb
Maximum Allowable Fund Balance'
4,171.902
4,732.51
4,982,
5,049,
5,370,
5.3a5,54
B Yearly Ending Fund Balance
1179261
817,842
1 607,513
2,412,978
3,246,311
4,120.
C. Less- Bond Proceeds Held by Fiscal Agent
D. Adjusted Ending Cash Balance 1
117,9261
817,8421
1,607,5131
2,412,9781
3,248 311
4,120,
E. 6cuss w luss 1
01
01
01
01
01
01
Note.
2008-09 beginning balance is from City sources
Projections are based on 2008-09 Agency budget.
.Planning, administration, and professional services Program expenditures are based on UFI and Agency projections
Equal to the greater of the sum of tax increment deposits over the prior four fiscal years or $1 million dollars
Excess Surplus exists t the adjusted unencumbered balance of the previous year exceeds the Maximum Allowable Fund Balance
Table 12 shows that the LMI Housing Fund is sufficiently healthy to meet its
inclusionary housing need through the term of this Implementation Plan. The
Agency has the resources to implement the housing programs and projects that
are discussed in this Implementation Plan. In fact, the Agency may begin
implementing its programs and projects at a higher expenditure rate towards the
end of the planning period in FY 2012 -13 or FY 2013 -14.
4.7.2 Excess Surplus
Excess Surplus is defined and calculated based on provisions in Health & Safety
Code Section 33334.12. Excess Surplus is determined on the first day of each
fiscal year. The calculation requires comparing the sum of property tax
increment deposited over the previous four fiscal years against the agency's
adjusted beginning balance (prior year's ending adjusted unencumbered
balance) to determine which amount is greater. Agencies are allowed to adjust
their unencumbered balance to exclude the amount of unspent proceeds from
the sale of bonds and the difference between the price of land sold during the
reporting period compared to the land's fair market value. By statutory definition,
Excess Surplus exists when the adjusted unencumbered balance exceeds the
36
Resolution No. 2010 -223
Page 45
.1lool wi-k Re(1evc'1oj)m n1 Pi -ojec l
1171I)IC17707lulio» PIW7 2010 -21114
greater of: (1) $1 million or (2) the combined amount of property tax increment
revenue deposited over the preceding four fiscal years.
As shown on Table 12, the Agency currently does not have an excess surplus in
the LMI Housing Fund, and is not likely to have one over the period of this
Implementation Plan.
4.7.3 Other Funding Programs
Table 13 outlines other funding that may be available to the City and the Agency
to further implement its Housing Production Plan.
37
.;
RESOURCES FINANCIAL
AVAILABLE
Program Type
Program Name
Description
Eligible Activities
1. Federal
Community
Annual grants awarded to
0 Acquisition
Programs
Development Block
the City on a formula basis
. Rehabilitation
Grant (CDBG)
for housing & community
0 Homebuyer assistance
development activities.
0 Homeless assistance
Administered by County.
. Public services
Section 8 Rental
Rental assistance payments
Rental assistance
Assistance Program
to owners of private market
rate units on behalf of very
low- income tenants.
Administered by Housing
Authority.
Section 202
Grants to non -profit
0 Acquisition
developers of supportive
. Rehabilitation
housing for the elderly.
0 New construction
Administered by HUD.
. Rental assistance
• Support services
2. State
California Housing
CHFA sells tax exempt
0 Homebuyer Assistance
Programs
Finance Agency
bonds for below market rate
(CHFA) Home
loans to first -time
Mortgage Purchase
homebuyers. Program
Program
operates through
participating lenders who
originate loans for CHFA
purchase.
California Housing
Below market rate financing
o New Construction
Finance Agency
offered to builders &
. Rehabilitation
(CHFA) Multiple Rental
developers of multi - family
0 Acquisition
Housing Programs
and elderly rental housing.
Tax exempt bonds provide
below- market mortgage
money.
Low Income Housing
Tax credits available to
0 New Construction
Tax Credit (LIHTC)
individuals & corporations
0 Rehabilitation
that invest in low- income
0 Acquisition of properties from
rental housing. Tax credits
20 to 150 units
sold to people with high tax
liability, & proceeds are
used to create housing.
37
Resolution No. 2010 -223
Page 46
Aloorperrk Redevelopment Noject
lmplcmcntcrtion Plcrn 2010-2014
38
FINANCIAL RESOURCIFS
TABLE
AVAILABLE
Program Type
Program Name
Description
Eligible Activities
Multi - Family Housing
Deferred payment loans for
0 New Construction
Program (MHP)
new construction,
• Rehabilitation
rehabilitation & preservation
o Preservation
of rental housing.
Administered by HCD.
3.1-ocal /County
Redevelopment
20 percent of Agency tax
0 New Construction
Program
Housing Set -Aside
increment funds are set-
. Rehabilitation
Funds
aside for affordable housing
o Acquisition
activities.
Mortgage Credit
Income tax credits available
o Homebuyer Assistance
Certificate (MCC)
to first -time home buyers for
Program
the purchase of new or
existing single - family
housing. Local agencies
make certificates available.
Mortgage Revenue
Bonds used to finance the
New Construction
Bond
development of multi - family
housing for lower- &
moderate - income
households.
4. Private
Federal National
Loan applicants apply to
Homebuyer assistance
Resources/
Mortgage Association
participating lenders for the
Rehabilitation
Financing
(Fannie Mae)
following programs: fixed
Programs
rate mortgages issued by
private mortgage insurers;
mortgages which fund the
purchase & rehabilitation of
a home; low down- payment
mortgages for single - family
homes in underserved low -
income & minority
communities.
California Community
Non -profit mortgage
0 New Construction
Reinvestment
banking consortium
0 Rehabilitation
Corporation (CCRC)
designed to provide long
0 Acquisition
term debt financing for
affordable multi - family rental
housing. Non -profit & for
profit developers contact
member banks.
Federal Home Loan
Direct subsidies to non-
• New Construction
Bank Affordable
profit and for -profit
Housing Program
developers & public
agencies for affordable low
income ownership & rental
projects
Low Income Housing
Non -profit lender offering
Redevelopment costs
Fund (LIHF)
below market interest, short
o Site acquisition
term loans for affordable
0 Construction
housing in both urban &
0 Rehabilitation
rural areas. Eligible
applicants include non-
profits & government
38
Resolution No. 2010 -223
Page 47
110O17)at -k Recici•elolmment Pi -oicct
lnw1ementcrtion Phin 2010 -2014
Program Type
FINANCIAL RESOURCES
Program Name
TABLE
AVAILABLE FOR HOUSING
Description
ACTIVITIES
Eligible Activities
a envies.
Private Lenders
The Community
Vanes, depending on
Reinvestment Act (CRA)
individual program offered by
requires certain regulated
bank
financial institutions to
achieve goals for lending in
low- & moderate - income
neighborhoods. As a result,
most of the larger private
lenders offer one or more
affordable housing
programs, including first -
time homebuyer, housing
rehabilitation, or new
construction assistance.
4.8 TEN YEAR INCLUSIONARY HOUSING REQUIREMENTS
CCRL Section 33490(a) (2) (b) requires that the implementation plan provide
certain 'Ten- Year" and "Life -of- the -Plan" housing production and inclusionary
information. According to the Available Sites Inventory of the Housing Element,
shown in Appendix C, the build -out potential of the Project Area allows for 1,305
new units. The inclusionary requirement for non - agency built housing is fifteen
percent or 196 affordable units by 2030. Extrapolating evenly over the term of
the General Plan, the ten year (2014) inclusionary housing requirement is 129
units. The Agency anticipates executing affordable housing covenants on 185
units by June 30, 2014. The Agency will meet its ten year inclusionary housing
requirement.
4.9 CONSISTENCY WITH GENERAL PLAN
CCRL Section 33413(b) (4) requires that each agency," as part of the
implementation plan required by Section 33490, shall adopt a [Housing
Production] plan" Section 33413 (b)(4) requires that "[t]he plan shall be
consistent with the community's housing element." Additionally, "The plan shall
be reviewed and, if necessary, be amended at least every five years in
conjunction with either the housing element cycle or the plan implementation
cycle."
Chapter 9 of the State's General Plan Guidelines of 2003 (the "Guidelines ")
states the California Attorney General has opined that "the term 'consistent with'
is used interchangeably with 'conformity with. "' The general rule of consistency
outlined in the Guidelines is that "[a]n action, program, or project is consistent
with the general plan if, considering all its aspects, it will further the objectives
and policies of the general plan and not obstruct their attainment."
The following Goals and Policies are contained within the City's 2000 -2005
Housing Element, adopted on December 19, 2001, by Resolution No. 2001 -1923:
39
Resolution No. 2010 -223
Page 48
Moorhurk RL'dCVC1Oh17c')11 l'roiCL -1
linlVeineweiiion Phin 2010 -2014
Goal 1.0
Assure the quality, safety, and habitability of existing housing
and the continued high quality of residential neighborhoods.
Policy 1.1
Continue to monitor and enforce building and property
maintenance code standards in residential neighborhoods.
Policy 1.2
Continue to provide City public safety services, infrastructure
maintenance, graffiti removal, and other public services to
maintain the quality of the housing stock, neighborhoods, and the
environment.
Policy 1.3
Promote increased awareness among property owners and
residents of the importance of property maintenance to long -term
housing quality.
Policy 1.4
Continue to promote the repair, revitalization, and rehabilitation of
residential structures which have fallen into disrepair.
Policy 1.5
Support the preservation and maintenance of historically and
architecturally significant buildings and neighborhoods.
Goal 2.0
Provide residential sites through land use, zoning and
specific plan designations to provide a range of housing
opportunities.
Policy 2.1
Identify adequate sites which will be made available and zoned at
the appropriate densities, to facilitate goals set forth in the 1998-
2005 RHNA.
Policy 2.2
Ensure that residential sites have appropriate public services,
facilities, circulation, and other needed infrastructure to support
development.
Policy 2.3
Investigate rezoning and re- designation of commercial lots that
are no longer economically viable uses to appropriate residential
uses.
Policy 2.4
Promote and encourage mixed -use residential and commercial
uses where appropriate as a means to facilitate development.
Goal 3.0
Expand and protect housing opportunities for lower income
households and special needs groups.
Policy 3.1
Use public financial resources, to the extent feasible, to support
the provision and production of housing for lower- income
households and persons and families with special needs.
Policy 3.2
Provide rental assistance to address existing housing problems
and provide homeownership assistance to expand housing
opportunities.
Policy 3.3
Support the conservation of mobile home parks, historic
neighborhoods, publicly- subsidized housing, and other sources of
affordable housing.
Policy 3.4
Require, in aggregate, 10% of new units to be affordable to lower -
income households. Establish priority for usage of in -lieu fees as
follows: 1St - production of affordable housing; 2 "d — subsidy of
40
Resolution No. 2010 -223
Page 49
.Floorhurk Redevelopment 1'r0jew
Implementulion Plan 2010-2014.
affordable housing; 3rd — housing rehabilitation; and 4"' — housing
assistance.
Goal 4.0 Where appropriate, mitigate unnecessary governmental
constraints to the maintenance, improvement, and
development of housing.
Policy 4.1 Periodically, review City regulations, ordinances, fees /exactions to
ensure they do not unduly constrain the production, maintenance,
and improvement of housing.
Policy 4.2 Offer regulatory incentives and concessions for affordable
housing, such as relief from development standards, density
bonuses, or fee waivers where deemed to be appropriate.
Policy 4.3 Provide for streamlined, timely, and coordinated processing of
residential projects to minimize holding costs and encourage
housing production.
Policy 4.4 Support infill development at suitable locations and provide, where
appropriate, incentives to facilitate their development.
Goal 5.0 Ensure fair and equal housing opportunities for all persons
regardless of race, religion, sex, marital status, family type,
ancestry, national origin, color, or other protected class.
Policy 5.1 Provide fair housing services to residents and assure that
residents are aware of their rights and responsibilities with respect
to fair housing.
Policy 5.2 Discourage discrimination in either the sale or rental of housing on
the basis of state or federal protected classes.
Policy 5.3 Implement appropriate action items identified in the Ventura
County Analysis of Impediments to ensure fair and equal access
to housing.
In compliance with CCRL Section 33490, the Agency has developed, and
included in Section 4 of this Implementation Plan, a goal statement and related
objectives specific to the development and implementation of Agency sponsored
affordable housing programs in the City. These goals are consistent with the
goals contained in the City's 2000 - 2005 Housing Element.
Inasmuch as, i) the Agency is working to provide affordable housing for all
income levels and most specifically housing for persons of very low -, low -, and
moderate - incomes; ii) the Agency is required to spend no less than 20 percent of
all tax increment monies on affordable housing programs; and iii) the Agency has
identified in this Implementation Plan those housing projects and programs and
the number of dwelling units that it projects to develop, rehabilitate or assist
development of; the Agency hereby determines that the housing goal included in
this Implementation Plan and related objectives, ongoing activities, and housing
production plan, as outlined in this Implementation Plan, are consistent with the
housing element of the City's General Plan.
41
Resolution No. 2010 -223
Page 50
.W0 01 -I)ark Rc (levelolmient Prujeci
Inr1�lc»�c��lution Plan 2010-2014
5.0 PL4NADM/N/STRA T /ON
The Agency shall be responsible for administering the Implementation Plan and for monitoring
redevelopment activities or programs undertaken pursuant to it.
5.1 PLAN REVIEW
At least once within the five year Implementation Plan term, the Agency shall conduct a
public hearing and hear testimony of all interested parties for the purpose of reviewing
the adopted Redevelopment Plan, the Implementation Plan, and evaluating the progress
of the Project. The public hearing shall be held no earlier than two years and no later
than three years after the date of adoption of this Plan. Notice of public hearing to
review the Redevelopment Plan and Implementation Plan shall be published pursuant to
Section 6063 of the Government Code and posted in at least four permanent places
within the Project Area for a period of at least three weeks. Publication and posting must
be completed not less than ten days prior to the date set for hearing.
5.2 PLAN AMENDMENT
Pursuant to CCRL 33490, the Implementation Plan may be amended from time to time
after holding a public hearing.
5.3 FINANCIAL COMMITMENTS SUBJECT TO AVAILABLE FUNDS
The Agency is authorized to utilize a wide variety of funding sources for implementing
the Redevelopment Plan. Such funding sources include, but are not limited to, financial
assistance from the City, State of California, federal government, property tax increment,
interest income, Agency bonds secured by tax increment or other revenues or other
legally available revenue source. Although the sources of revenue used by the Agency
are generally deemed to be reliable from year to year, such funds are subject to
legislative, program, or policy changes that could reduce the amount or the availability of
the funding sources upon which the Agency relies.
In addition, with regard to the Agency's primary revenue source, tax increment revenues,
it must be noted that revenue flows are subject to diminution caused by events not
controlled by the Agency, which reduce the taxable value of land or improvements in the
Project Area. Moreover, the formulas governing the amount or percentage of tax
increment revenues payable to the Agency may be subject to legislative changes that
directly or indirectly reduce the tax increment revenues available to the Agency.
Due to the above - described uncertainties in Agency funding, the projects described
herein and the funding amounts estimated to be available are subject to modification,
changes in priority, replacement with another project, or cancellation by the Agency.
5.4 REDEVELOPMENT PLAN CONTROLS
If there is a conflict between the Implementation Plan and the Redevelopment Plan or
any other City or Agency plan or policy, the Redevelopment Plan shall control.
42
Resolution No. 2010 -225
Page 51
STATE OF CALIFORNIA )
COUNTY OF VENTURA ) ss.
CITY OF MOORPARK )
I, Maureen Benson, Assistant Secretary of the Redevelopment Agency of the
City of Moorpark, California, do hereby certify under penalty of perjury that the foregoing
Resolution No. 2010 -223 was adopted by the Redevelopment Agency of the City of
Moorpark at a regular meeting held on the 20th day of January, 2010, and that the
same was adopted by the following vote:
AYES: Agency Members Mikos, Pollock, Van Dam, and Chair Parvin
NOES: None
ABSENT: Agency Member Millhouse
ABSTAIN: None
WITNESS my hand and the official seal of said City this 16th day of June, 2010.
Maureen Benson, Assistant Secretary
(seal)
* ESTA�131iF.� 1t
wnFlC�t 18'1
es�
ON 4/FO