BILL ANALYSIS                                                                                                                                                                                                    



                                                                  AB 2065
                                                                  Page  1

          Date of Hearing:   April 28, 2010

               ASSEMBLY COMMITTEE ON HOUSING AND COMMUNITY DEVELOPMENT
                                 Norma Torres, Chair
                  AB 2065 (C. Calderon) - As Amended:  April 8, 2010
           
          SUBJECT  :   Redevelopment Agency of the City of Downey: plan  
          amendment 

           SUMMARY  :   Allows the City of Downey (the City) to add two  
          parcels to a redevelopment project area in the city by ordinance  
          and declares that the parcels are predominately urbanized and  
          meet the statutory definition of blight. Specifically,  this  
          bill  :  

          1)Makes legislative findings that extraordinary measures are  
            required in order to address the current economic recession  
            and the unusually high employment rate.  That an amendment of  
            the territory specified in this bill to a project area of the  
            City will create 1,200 new clean-tech and career-ladder jobs,  
            encourage green technology production and further stimulate  
            economic revitalize in the region. 

          2)Allows the redevelopment agency of the City of Downey (the  
            agency) to add two parcels, as described, to the redevelopment  
            project area within the city. 

          3)States that the Legislature finds conclusively that the two  
            parcels described are predominately urbanized and meet the  
            definition of blight as defined by existing law (Health &  
            Safety Code Section 33030 and 33031). 

          4)Exempts the amendment of the redevelopment plan adding the two  
            parcels described from the requirements of the Community  
            Redevelopment Law (CRL) (Health & Safety Code Section 33000  
            et. al.).

          5)Allows the agency to add the two parcels as described, by an  
            ordinance, adopted by the city council, containing the  
            following:

             a)   A limitation of the amount of tax dollars that may be  
               divided and allocated for the added project area to the  
               redevelopment agency;









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             b)   Taxes may not be added beyond the limitation described  
               unless the agency complies with the process required by  
               existing law (Health & Safety Code Section 33354.6) or if  
               it is necessary to meet the low-and moderate-income housing  
               obligations of the project area;

             c)   A time limitation on the redevelopment agency's  
               authority to establish loans, advances and indebtedness of  
               no more than 20 years from the effective date of the  
               ordinance unless the agency determines an extension is  
               required

             d)   Loans or indebtedness may be repaid over a longer than  
               20 years and allows the redevelopment agency to establish  
               additional debt beyond the time period if necessary to  
               comply with the low-and moderate-income housing  
               obligations;

             e)   A time limitation of 10 years may be extended to the  
               project area to establish debt, if the redevelopment agency  
               determines that:  

               i.     Substantial blight remains in the project area,

               ii.             The blight cannot be eliminated without  
                 establishing additional debt, and 

               iii.            The blight cannot be reasonably eliminated  
                 by private enterprise acting alone or through  
                 alternatives to tax increment financing.  

             f)   A 30-year time limit on the effectiveness of the  
               redevelopment plan on the project area after which the  
               redevelopment agency may only pay previously incurred  
               indebtedness, comply with the low-and moderate-income  
               housing obligations and enforce existing covenants and  
               contracts. 

             g)   A 45-year time limit from the effective date of the  
               ordinance to prepay indebtedness with proceeds from the  
               property taxes on the redevelopment area as a whole, except  
               as necessary to meet the low-and moderate-income housing  
               obligations;

             h)   Provides conformity with the community's general plan;  








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               and

             i)   Provides any changes to the redevelopment plan created  
               by the addition of the project areas will be incorporated  
               into the Downing Landing specific plan in future  
               amendments.

          6)Provides the amendment to the project plan adding the two  
            parcels described are not subject to the requirement of public  
            participation included in Community Redevelopment Law (Health  
            & Safety Code Section 33000 et. al.).

          7)Provides that the ordinance described is not subject to  
            referendum.

          8)Provides the California Environmental Quality Act (CEQA) shall  
            not apply to the amendment to the redevelopment plan adding  
            the two parcels described; however, CEQA does apply to the  
            individual projects required to implement the redevelopment of  
            the project area. 

          9)Permits the redevelopment agency once it begins collecting tax  
            increment but before incurring any bonded indebtedness to  
            subordinate the payments required to be made to affected  
            school districts or community college districts based on a  
            finding that the agency will have sufficient funds to pay both  
            the bonded debt payments and the school districts. 

          10)  Makes findings that because of the unique circumstances of  
            the City a special statute is necessary.

           EXISTING LAW  

          1)Provides if a redevelopment agency proposes to add new  
            territory to an existing redevelopment project area, to  
            increase the limitation on the number of dollars to be  
            allocated to the agency, to extend the time limit on  
            establishing indebtedness, to lengthen the of time when the  
            project is effective, or to add significant additional capital  
            improvements to the project, the agency must follow the  
            procedure for adopting a redevelopment plan (Health & Safety  
            Code Section 33354.6).

          2)A redevelopment plan must include:  a description of the  
            project area, a general statement of the proposed uses, how  








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            the redevelopment would be attained, how the proposed  
            redevelopment is consistent with the general plan, describe  
            generally the impact on the area's residents (Health & Safety  
            Code Section 33324). 

          3)Requires the city or county to form a project area committee  
            (PAC) if the redevelopment plan will effect a substantial  
            number of low- and moderate income residents and the plan  
            gives the agency authority to use eminent domain or the plan  
            contains one or more public projects that will displace  
            low-and moderate-income residents (Health & Safety Code  
            Section 33385).

          4)Requires a redevelopment agency to complete an Environmental  
            Impact Report (EIR) on a project area and to send the EIR to  
            the appropriate taxing entities (Health & Safety Code Section  
            33352).

          5)Requires a public hearing on the redevelopment plan before it  
            can be approved (Health & Safety Code Section 33348, 33360).

           FISCAL EFFECT  :   Unknown. 

           COMMENTS  :   

           Background  :  The City of Downey is seeking to add two parcels,  
          which are approximately 80 acres to a redevelopment project area  
          adopted in July 20, 1987.  According to the sponsor, the two  
          parcels were formerly the site of a NASA facility that has been  
          vacant since 1998 and is now occasionally used as the set for  
          television commercials.   According to the sponsor, Tesla Motors  
          has made a commitment to locate a manufacturing facility on the  
          site to build an-all-electric car, the Model S.  According to  
          the City, Tesla has submitted applications to permit the site.    
          Tesla is renting the site from a private owner.  The City has  
          committed to pay the rent on the facility and make some  
          infrastructure improvements on the site for $14 million.  Tesla  
          estimates it will not make a profit on the production of the  
          Model S for five year.   
           
          The U.S. Department of Energy awarded Tesla Motors $465 million  
          in low-cost loans to finance production of the Model S, which is  
          slated to have a retail price of $57,400 and get up to 300 miles  
          on a charge.  According to the sponsor, Tesla Motors has until  
          January 2012 to use the federal funds.   In addition to this  








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          federal funding, through the California Alternative Energy and  
          Advanced Transportation Financing Authority, administered by the  
          CA State Treasurer, Tesla Motors will not have to pay sales tax  
          and use tax on the purchase of manufacturing equipment.   

           The Existing Process  : California Redevelopment Law (CRL) allows  
          a community to amend a redevelopment project area to expand it  
          geographically if there is substantial evidence of blight.  When  
          amending an existing plan to add new territory, a redevelopment  
          agency must follow the same procedures and is subject to the  
          same restrictions as for adopting a redevelopment plan. 
          Redevelopment agencies are required to hold a public meeting on  
          the proposed amendment consult and obtain input from community  
          members, and consult with the affected taxing entity, Department  
          of Finance and the Department of Housing & Community  
          Development.   CRL requires redevelopment agencies to provide a  
          negative declaration or an environmental impact report to comply  
          with CEQA.  Under existing law, opponents of a redevelopment  
          plan have 90 days to gather sufficient signature to qualify a  
          referendum petition on the plan adoption. 
           
          The City of Downey's Proposal  :  This bill would allow the City  
          to add two parcels to a current redevelopment project by  
          ordinance which would not be subject to referendum.  The City  
          would not be required to make a finding of blight as required  
          under existing law; the Legislature would make the finding in  
          statute.  The City would not be required to file a negative  
          declaration or an environmental impact report on the two  
          parcels.  

          Purpose of this bill  :  According to the author, this bill would  
          allow the City to adopt a new redevelopment project area via  
          ordinance, and thereby facilitate expedited construction of a  
          new Tesla Motors automotive manufacturing facility.  The author  
          states, "This time savings is critical given Tesla Motors  
          aggressive timeline to begin manufacturing of its all electric  
          vehicle line in the City of Downey.  This bill also recognizes  
          that it will assist in the creation of approximately 1,200 new  
          clean-tech and career-ladder jobs, encourage green technology  
          production and stimulate the overall economic revitalization of  
          the region." 

           Urgency Clause  :  The author would like to amend the bill to add  
          an urgency clause.  The urgency is necessary, "for on going  
          negotiations with potential manufacturing facilities in the  








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          redevelopment zone and to provide economic stimulus to  
          revitalization the City of Downey.   

           Staff comments  :  This bill would circumvent established  
          redevelopment law including environmental review and the public  
          process established by community redevelopment law in order to  
          expedite the City's ability to collect tax increment financing  
          to help Tesla pay rent on its new facility and make some  
          infrastructure improvements. The committee may wish to consider  
          that the passage of this bill could lead to requests from other  
          cities/counties who wish to expedite the redevelopment planning  
          process. 

          The committee may wish to consider the following amendments  
          which narrow the bill and provide an opportunity for public  
          input and environmental review. 

           Committee Amendments  :

          1)Restrict the amount of tax increment the City can use to repay  
            the City's general fund for the purpose of paying Tesla  
            Motor's lease payments to $14 million. 

          2)Make clear that project area must meet the requirements of  
            Health & Safety Code Section 33334.2 and 33334.6 requiring the  
            agency to allocate 20% of all tax increment for the purposes  
            of low-and-moderate income housing.

          3)Make clear that the time limitation to repay indebtedness of  
            45 years applies only to the added area and not to the entire  
            project area. 

          4)Make clear that the project area is subject to CEQA.

          5)Delete the provision which allows the agency to subordinate  
            the bonded debt required to be paid to the affected school  
            districts or community college districts.

          6)Make the ordinance subject to referendum.  
          Double referred :  The Assembly Committee on Rules referred AB  
          2065 to the Committee on Housing and Community Development and  
          Local Government.  If AB 2065 passes this committee, the bill  
          must be referred to the Committee on Local Government.
           
          REGISTERED SUPPORT / OPPOSITION  :   








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           Support 
           
          City of Downey

           Opposition 
           
          None on file. 
           
          Analysis Prepared by  :    Lisa Engel / H. & C.D. / (916) 319-2085