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File #: 15-0048    Version:
Type: Agenda Item Status: Approved
File created: 1/5/2015 In control: Board of Supervisors
On agenda: 3/28/2017 Final action: 3/28/2017
Title: Community Development Agency, Long Range Planning Division, recommending the Board authorize Master Circulation and Funding Plan (MC&FP) revenue for the completion of the MC&FP Phase II Study as originally directed by the Board on May 22, 2012 and as authorized on March 30, 2015. (Est. Time: 1 Hr.) FUNDING: Missouri Flat Area Master Circulation and Funding Plan. (100% - Local)
Attachments: 1. 5A- MC&FP funding 3-28-17, 2. 5B - 7/5/2016 Caltrans DEIR Comments 03-28-17, 3. 5C - Measure J 3-28-17, 4. 5D - MCFP Presentation 03-28-17, 5. 4A - Board Memo 12-7-15, 6. 4B - MC&FP Tax Increment Financing Information 12-7-15, 7. 4C - Draft EPS Report 12-7-15, 8. 4D - Public Outreach Approach 12-7-15, 9. 4E - Draft Project Schedule 12-7-15, 10. 4F - Power Point Presentation 12-7-15, 11. Public Comment Rcvd 12-7-15, 12. 3A - Board Memo 03-30-15, 13. 3B - MC&FP Background 03-30-15, 14. 3C - Draft 15-54128 Agreement 03-30-15, 15. 3D - MC&FP Counsel Memo to BOS 03-30-15, 16. 3E - MC&FP Map with CIP Info 03-30-15, 17. 3F - Measures B and Y 03-30-15, 18. 3G - List of Authorized Facilities 03-30-15, 19. 3H - MC&FP 1998 EPS Report 03-30-15, 20. 3I - MC&FP Update 2000 EPS Report 03-30-15, 21. 3J - MCFP Annexation and Dev. Agrmt. Part 1 (Warning: Large File) 3-30-15, 22. 3J - MCFP Annexation and Dev. Agrmt. Part 2 (Warning: Large File) 3-30-15, 23. 3K - Missouri Flat CFD Resolution (Warning: Large File Size) 03-30-15, 24. 3L - MC&FP CFD Hearing Report 2002 (Warning: Large File Size) 03-30-15, 25. 3M - CFD_Annexation Decision Tree 03-30-15, 26. 3N - EDCTC MCFP Phase 1 Grant Funds_2000-2014 03-30-15, 27. 3O - ORD 4565 03-30-15, 28. 3P - RES 295-2000 03-30-15, 29. 3Q - MC&FP Tax Increment Financial Information 03-30-15, 30. 3R - CEQA Findings of Fact (Warning: Large File Size) 03-30-15, 31. 3S - EDCTC DS_ED Area Mobility and Livable Community Plan 2-28-14 (Warning: Large File Size) 03-30-15, 32. 3T - EDCTC EPS Economic Analysis DSED 03-30-15, 33. 3U - MCFP Presentation 03-30-15, 34. Executed Agreement 5-5-15.pdf, 35. Executed BT 3-30-15.pdf, 36. Public Comment Rcvd 2-10-15 BOS 2-10-15, 37. A - Board Memo 1-27-15, 38. B - MC&FP Map 1-27-15, 39. C - Scope of Work 1-27-15, 40. D - DRAFT Budget Transfer 1-27-15, 41. E - MC&FP Memo to BOS 1-27-15, 42. F - MCFP Findings of Fact 1-27-15, 43. G - MCFP BPF Presentation 2.10.15
Related files: 20-0125, 18-0086, 18-0705, 19-1394, 20-0530
Title
Community Development Agency, Long Range Planning Division, recommending the Board authorize Master Circulation and Funding Plan (MC&FP) revenue for the completion of the MC&FP Phase II Study as originally directed by the Board on May 22, 2012 and as authorized on March 30, 2015. (Est. Time: 1 Hr.)

FUNDING: Missouri Flat Area Master Circulation and Funding Plan. (100% - Local)
Body
DEPARTMENT RECOMMENDATION
Community Development Agency (CDA) , Long Range Planning Division, recommends directing Missouri Flat Area Master Circulation and Funding Plan (MC&FP) revenue for the completion of the MC&FP Phase II Study (Phase II Study), as originally directed by the Board on May 22, 2012 (Item 43), and as authorized on March 30, 2015 (Item 2).

DISCUSSION / BACKGROUND
The Missouri Flat Area has historically experienced high levels of traffic congestion due to its central location and existing commercial development. Phase I of the MC&FP was established in 1998 to provide a funding mechanism, through a sales and property tax increment, to address existing road deficiencies within the Missouri Flat Road corridor. The ultimate goal of the MC&FP was to encourage economic development in the commercial area surrounding the Missouri Flat Road and U.S. Highway 50 Interchange (Project Area). MC&FP Phase I has been an effective program that enabled the development of +/- 500,000 square feet of retail businesses, through focused roadway infrastructure improvement, that generates approximately $1,000,000 in sales tax per year. For a complete history of the MC&FP, refer to Attachment 3B.

The Board directed CDA staff to create an MC&FP Phase II based on the Board’s objective to encourage economic development in the commercial area surrounding the Project Area, as well as to address ongoing concerns regarding estimated annual sales tax leakage and annual operating revenues.

On March 30, 2015 (Item 2), the County retained Economic and Planning Systems, Inc. (EPS), to co...

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