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HomeMy WebLinkAboutReso 96-224 - Designating the Buckeye Redevelopment Project Survey Area � � � � � +� �-��� RESOLUTION NO. � A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING DESIGNATING THE BUCKEYE REDEVELOPMENT PROJECT SURVEY AREA WHEREAS, Section 33310 of the California Community Redevelopment Law (Health & Safety Code Section 33000, et seq.) provides that a redevelopment survey area may be designated by resolution of the City Council; and WHEREAS, Section 33210 of the Health and Safety Code provides that two or more agencies may jointly exercise the powers granted under Part 1 Chapter 1 Article 2 of Division 24 of the California Health and Safety Code to form a Redevelopment Project; and WHEREAS, the City of Redding and the County of Shasta, the "Participating Jurisdictions," and the Shasta County Redevelopment Agency and the Redding Redevelopment Agency, the "Agencies," have entered into a Project Formation Agreement to study the feasibility of a redevelopment project or projects along the Lake Boulevard/Oasis Road corridor of the community, as depicted on Exhibit"A" attached hereto and made a part hereof; and WHEREAS, if such a project or projects are found to be feasible, the Participating Jurisdictions and the Agencies desire to form a Redevelopment Project in said area, in order to address those conditions as set forth in Health and Safety Code Sections 33030 and 33031, causing a reduction of, or lack of, proper utilization of the area to such an extent that it constitutes a serious physicai or economic burden on the community which cannot reasonably be expected to be reversed or alleviated by private enterprise acting alone; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Redding as follows: 1. That the City Council does hereby designate as a redevelopment survey area those areas shown on the map of the "Proposed Buckeye Redevelopment Project Survey Area" (Exhibit "A") that are within the corporate boundaries of the City of Redding. 2. That the City Council hereby finds and determines that said designated survey area requires study to determine if a redevelopment project or projects within said area are feasible. I HEREBYCERT/FYthat the foregoing Resolution was introduced and read at an adjourned regular meeting of the City Council of the City of Redding on the 12th day of December, 1996, and was duly adopted at said meeting by the following vote: AYES: COUNCIL MEMBERS: P. Anderson, R. Anderson, Kehoe, Murray and McGeorge NOES: COUNCIL MEMBERS: None ABSTA/N: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: None G AVID L,if I OR , ayor City of F�ed ing � ATTEST: �S � �, � � CONNIE STRO MAYER, C� CI rk � �V FORM APP VED: � '/�� � ' :::::: :... ..... .,.......... ..... .. ...., /� � `d " ` 'ij� �`2 � ... W. LEONARD WING T , City Attorney c:lrralbuckeyelres.l • . , _�-- � n � PROJECT LOCATION � �` a a1`'� ou,� H� 9{�ISTA .p pa CDMNUNfTY ,� E L COLLEGE 5R z 'G' N � � `� �'� oU BCc� CA��'�'� C� h� � �Q �6 BENTON � � 5 . � OLD AL S!P Zg9 W EUREK� _ � � Npp/S� �' � � u � M �� � �+ A m � � � � CIIY OF REDOINC �, 3 BOUNDARY < � RM�CFiO 7 NIC µ ICIPAL PORf �� ��` � �D `�P `" Z � � � 0:\�'�\��BUCKLDC DATE: OCTOBER 1996 LOCATION MAP SOURCE DEYELOPMENT SERYICES DEPARTMENT GIS DIVISIO N PROPOS� BUCKEYE f�EY�OPN�IT PROJECT AREA ... ... .. .. ... ... _. ... . ... p I i 7 . 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I � '� � .,�,��/� ;= �-;� � � � : , i � , � � �� � � �� � � � � � � �� � z �—� � �,.. .� �� �� �-���,� �'�� � w �� � � .� �,`! ,��1� ,� ti � �,i i � j < I I I ��.',\� � i, ,� .�\ \ �,��� ������.�����. � �. , � ' \ �,� . , ' '. � Q � !� --� � .����. �.� r , �%��_,�� '-• �� G. �._�. l -� -.'i/ „-- I' / -; � w I �' /�� \. � \ .�.��' �' C��.�I ,,= Ol �Z J I I.I� _, �� � _ �_ . 1^L.� I � •/.�� �, .- w� V I " - \\\ �;'�I\ /�-\ / I '''' � �� N � 1' i ^ - W � I _�/ � ;�, � / � I I / ��\ I 1 `- m W� ~- '—� ::. .- .'�' � N� � � � I I�� '��`���i�� > �C� O I i /� O Z � ._ � — L�,"� _ i z � / � _` � I, ', ,� ZggE f� ,"�, o;; � o -���i - -- —Y. , - � � �A�� - - �/�'�;-�_ - � �'! o - ,`�-� � w ' ��A � . � � ,m < O p \;\ _ --- __' I , I f",- il —�� o � j � 'i, _ � � I �I -U i J `�_� � G I � \/ i'� \ . % I � -- � � , , ' . . • . BUCKEYE REDEVELOPMENT PROJECT AREA PROPOSED PROJECTS as of December 1, 1996 PROJECT ESTIMATED COST - _ .- New Oasis Road Interchange at I-5 $6,000,000 - ._. .- . Oasis Road adjacent to existing development $2,000,000 Lake Bivd. adjacent to existing development $1,000,000 : . . - .- . Churn Creek @ Oasis to be determined Tadpole Creek @ Oasis to be determined Tadpole Creek @ Old Oasis to be determined Oasis @ Railroad Underpass to be determined Churn Creek @ Old Oasis to be determined . St. Marks/Lake Blvd. $160,000 Santa Rosa/Lake Blvd. $160,000 Tamarack/Lake Blvd. $160,000 Keswick Dam Road/Lake Blvd. $160,000 Hiatt/Lake Blvd. $160,000 Cascade Blvd./Oasis Road $160,000 Twin Vew Blvd./Oasis Road $160,000 Beltline Road/Oasis Road $160,000 Old Oasis/Oasis Road $160,000 Park Villa Mobilehome Estates @ Lake Blvd. $160,000 Quartz Hill Road/Lake Blvd. $160,000 Three other signals $480,000 • • ` L ' � • ' ' ' • � ' � � •• .� ' ' Various locations where existing development $2,000,000 is served by substandard lines - - - - . Extend sewer west from Churn Creek $800,000 along Tadpole Creek - . .. ... � ._. Various locations-Pave existing dirt roads, include $4,000,000 curb, gutter 8�sidewalk, and storm drain improvements Buckeye Park Expansion/Renovation $800,000 � .. Tadpole Creek $200,000 Churn Creek to be determined . - _ Clean-up of Contaminated Sites to be determined Bike Lanes to be determined Bus Turnouts to be determined .' ' Y 1 • � • • . � • At various locations to be designated to be determined - -._. � .. . - . Extend road south from Oasis to Industrial Park boundary to provide future connection to Mountain Lakes Blvd. Includes bridge and tra�c signal. $1,200,000 - . _ Install up to 40 City specification fire hydrants @ $1,500 each, at locations served by Redding Water Utility. $60,000 .- _ Along Lake Blvd.where developed $200,000 Along Oasis Road where developed $200,000 Miscellaneous other locations to be designated -- . Where new sidewalks are installed $700,000 • • - ' •- (20% of Tax Revenue Received) New construction of affordable units Rental Rehabilitation Homeowner Rehabilitation First-time Homebuyer Program Acquisition of Existing Rental Units Land Acquisition Off-Site Improvements in support of affordable housing • • �- - .. � Facade Improvement Loans to be determined Site Assembly to be determined