HomeMy WebLinkAboutR30-Economic Development Agency
ECONOMIC DEVELOPMENT AGENCY
OF THE CITY OF SAN BERNARDINO
DATE:
September 4, 2003
C C 7YU."cr
OCTOBER 6, 2003 PUBLIC HEARING
ON THE TAX AND EQUITY FISCAL
RESPONSIBILITY ACT (TEFRA) FOR
INLAND BEHAVIORAL HEALTH
SERVICES, INC.
FROM:
Maggie Pacheco
Deputy Director
SvnoDsis of Previous Commission/Council/Committee Action(s):
On September 4, 2003, Redevelopment Committee Members Anderson, Suarez and Estrada unanimously voted to
recommend that the Mayor and Common Council consider this action for approval.
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Recommended Motion(s):
MOTION:
(Mavor and Common Council)
THAT THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO SET A
OCTOBER 6, 2003 PUBLIC HEARING TO CONSIDER THE CALIFORNIA STATEWIDE
COMMUNITIES DEVELOPMENT AUTHORITY ISSUANCE OF BONDS FOR THE PROPOSED
NEW INLAND BERA VIORAL AND HEALTH SERVICES, INC. MEDICAL FACILITY
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Contact Person(s):
Gary Van Osdel
Uptown
Phone:
(909) 663-1044
2
Project Area(s)
Ward(s):
Supporting Data Attached: 0 Staff Report 0 Resolution(s) 0 Agreement(s)/Contract(s) 0 Map(s) 0 Letters
FUNDING REQUIREMENTS
Amount:
$
N/A Source: /'NfA\
Budget Authority: ,/ N/A)
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Maggie Pa~heco, Deputy Director
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SIGNATURE:
_________________________________________~~_________________________________________________________________________________+_______________________________u~__
Commission/Council Notes:
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P:\Agendas\Comm Dev Commission\CDC 2003\03-09_15IBHS TEFRA Hearing.doc
COMMISSION MEETING AGENDA
Meeting Date: 09/15/2003
Agenda Item Number: /l..... 'J{)
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ECONOMIC DEVELOPMENT AGENCY
STAFF REPORT
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October 6. 2003 Public Hearinl! on the Tax and Equity Fiscal Responsibility Act (TEFRA)
for Inland Behavioral Health Services. Inc.
BACKGROUND:
California Statewide Communities Development Authority ("Authority") is a joint exercise of powers
authority consisting of numerous California cities, counties and special districts, including the City of
San Bernardino ("City"). The Authority, pursuant to its Amended and Restated Joint Exercise of
Powers Agreement, is authorized to assist in the financing of facilities for profit and nonprofit
organizations.
Inland Behavioral and Health Services, Inc. (IBHS), a non-profit agency, has submitted an
application to the Authority to finance the construction of a new medical facility at 655 North "D"
Street and 379 West 7th Street in San Bernardino through the issuance of tax-exempt bonds in an
amount not to exceed $6 million.
CURRENT ISSUE:
The Authority has requested that the City of San Bernardino conduct a Tax and Equity Fiscal
Responsibility Act (TEFRA) hearing as required by federal law regarding IBHS' proposed financing
to construct a new medical facility in San Bernardino.
ENVIRONMENT AL IMPACT:
The setting of a public hearing does not require CEQA review.
FISCAL IMPACT:
None.
RECOMMENDATION:
That the Mayor a~~Co~\Council adopt the Form Motion.
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P:\Agendas\Comm Dev Commission\CDC 2003\03-09-] S IBHS TEFRA Hearing.doc
COMMISSION MEETING AGENDA
Meeting Date: 09/15/2003
Agenda Item Number: Jl3Q_