I look forward to hearing from folks interested in participating. My various contact information follows my signature.
@losjeremy
cell:
323 620 9202
email:
jeremy8rose@yahoo.com
The Design Advocate is an outreach tool to keep the 3200+ architect & design members of AIA Los Angeles updated about pending matters at City Hall, which may impact the built environment & their profession.
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August 21, 2012
Assemblymember Cameron Smyth
Chair, California Assembly Local Government Committee
State Capitol Building, Room 4098
Sacramento, CA 95814
Re: SB 214 - SUPPORT
Dear Assemblymember Smyth:
We, the undersigned, a network of steward leaders representing all sectors (e.g., nonprofit, private, public, education, etc.) from California’s diverse economic regions who are dedicated to promoting a shared action agenda to catalyze California’s economic recovery through regional strategies, submit this letter in support of Senate Bill (SB) 214 (Wolk), as amended—a measure that would make it easier to establish Infrastructure Financing Districts throughout the State of California, enabling the development of critical infrastructure and offering communities a much-needed tool, especially with the demise of Redevelopment Agencies (RDA), to create jobs, reduce blight, and invigorate neighborhoods.
As you know, Infrastructure Financing Districts (IFDs) provide an opportunity for local governments to fund public infrastructure (such as highways, transit facilities, and libraries) by using bond proceeds that are repaid through property tax increment. While IFDs have been authorized in statute since 1990, overly complex and onerous barriers (such as the requirement of two-thirds voter approval for both the creation of the IFD and bonds associated with it) have prevented its utilization. Though several efforts have been made to apply IFDs to specific local areas—such as San Francisco with AB 1199 (Ammiano) in 2010 and San Diego with SB 207 (Peace) in 1999—only one, single project has been delivered using this broader statutory authority in over 20 years: the City of Carlsbad, which formed an IFD in 1999 to fund the public works associated with a hotel adjacent to Legoland.
SB 214 (as amended) removes some of the most onerous barriers associated with the creation of and issuance of bonds tied to IFDs, including:
§ Removing the two-thirds vote requirement associated with forming an IFD;
§ Removing the two-thirds vote requirement for issuing IFD-associated bonds;
§ Extending the life of an IFD from 30 years to 40 years, which increases an IFD’s bonding capacity; and
§ Removing the prohibition against an IFD including any portion of a redevelopment project area.
With the elimination of RDA, local governments are in critical need of additional tools—like IFDs—to help finance and deliver much-needed infrastructure throughout the State of California. As such, we want to thank you for your continued leadership on this bill, and we want to offer our formal support for SB 214, as amended—a bill we see as critical to strengthening our economy and providing local governments with needed tools to support California communities after redevelopment’s demise.
Sincerely,
Jim Wunderman President & CEO Bay Area Council |
Bill Allen President & CEO Los Angeles County Economic Development Corporation |
Randy Gordon President & CEO Long Beach Area Chamber of Commerce |
Lucy Dunn President & CEO Orange County Business Council |
Cynthia Murray President & CEO North Bay Leadership Council |
Cynthia Kurtz President & CEO San Gabriel Valley Economic Partnership | |
Al Smith President & CEO Greater Fresno Area Chamber of Commerce |
Ron Addington President & CEO Business Council, Inc. |
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The proposed ordinance will provide flexibility with regards to parking requirements throughout Los Angeles by enabling specific districts to customize the parking regulations best suited for the immediate neighborhood. With a city as vast and as diverse as Los Angeles, parking policy cannot be regulated with a one-size fits all approach because excessive parking requirements impair our ability to have a vibrant, sustainable and healthy city.
The MPRD ordinance will enable greater flexibility so that specific areas of the city can benefit with a more custom-tailored approach to parking regulations.
Overall, well-balanced parking requirements:
The proposed MPRD ordinance will serve as an effective planning tool and a positive step forward. As an enabling ordinance, it helps to strengthen the Planning Department's ability to craft planning policy that will ensure an environmentally and economically sustainable city.
As the MPRD ordinance is implemented, AIA|LA looks forward to serving as a resource to help analyze and maximize community benefits. We look forward to being a part of the ongoing effort to make Los Angeles a healthier and more livable city.
About AIA|LA -
AIA|LA is a not-for-profit organization dedicated to furthering the efforts of its parent organization, the American Institute of Architects (AIA), by specifically serving the interests of our local architecture and design community. AIA|LA's membership includes architects and design professionals actively engaged in the industry. Members work at diverse companies representing a broad range of professional practices. Through advocacy, education, networking and outreach, AIA|LA serves as a resource to help make the Los Angeles region more delightful, healthy, sustainable and economically competitive.
For more information, please contact:
Will Wright, Hon. AIA|LA
Director, Government & Public Affairs
AIA Los Angeles
Tel: 213.639.0764
Email: will[@]aialosangeles.org
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