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ACA 1 Legislation Will Create New Funding Stream to Fund Infrastructure Needs Caused by Affordable Housing Projects Like Cypress Point

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VIDEO. From the Half Moon Bay City Council meeting on Tuesday, July 18th, 2023 at 7:00pm, as a hybrid meeting.

 

 

More on Cypress Point on Coastside Buzz

From 7/18/2023 Agenda

Annually, the City adopts a Legislative Platform to allow staff to send position letters regarding various bills / issues of interest to the City.

 

The 2023 Legislative Platform was adopted by the City Council on April 4, 2023. The platform provides staff direction and allows the City, on the Council’s behalf, to respond in support of or opposition to bills and other legislative and administrative actions.

 

The City Council has delegated its authority to the Mayor and / or City Manager to sign position letters consistent with the legislative platform. Townsend Public Affairs monitors legislation for the City and communicates frequently with staff on bills. Occasionally, the League of California Cities will send action alerts for bills affecting municipalities. Staff reviews those alerts as well and will take action on any that align with the City’s Legislative Platform.

 

In the spirit of transparency, when position letters are sent by the City, staff will include them in a City Council agenda packet for viewing by the Council and the community.

 

ACA-1 Fact Sheet from sponsor Assemblymember Cecilia Aguiar-Curry, 4th Assembly District

Introduced by Assembly Member Aguiar-Curry

SUMMARY ACA 1 will lower the necessary voter threshold from a two-thirds supermajority to 55 percent to approve local general obligation (GO) bonds and special taxes for affordable housing and public infrastructure projects. ACA 1 is targeted to the urgent needs of local communities. This measure gives local governments a more realistic financing option to fund an increase in the supply of affordable housing, and to address the numerous local public infrastructure challenges cities, counties, and special districts are facing.

 

[pdf-embedder url=”https://www.coastsidebuzz.com/wp-content/uploads/2023/08/ACA-1-Fact-Sheet.pdf” title=”ACA 1 Fact Sheet”]

 

 

California Legislative Information for ACA 1

Introduced by Assembly Member Aguiar-Curry.

ACA 1, as amended, Aguiar-Curry. Local government financing: affordable housing and public infrastructure: voter approval.
(1) The California Constitution prohibits the ad valorem tax rate on real property from exceeding 1% of the full cash value of the property, subject to certain exceptions.
This measure would create an additional exception to the 1% limit that would authorize a city, county, or city and county city and county, or special district to levy an ad valorem tax to service bonded indebtedness incurred to fund the construction, reconstruction, rehabilitation, or replacement of public infrastructure or infrastructure, affordable housing, or permanent supportive housing, or the acquisition or lease of real property for those purposes, if the proposition proposing that tax is approved by 55% of the voters of the city, county, or city and county, as applicable, and the proposition includes specified accountability requirements. The measure would specify that these provisions apply to any city, county, city and county, or special district measure imposing an ad valorem tax to pay the interest and redemption charges on bonded indebtedness for these purposes that is submitted at the same election as this measure.

 

City Council of Half Moon Bay meets ~ 1st and 3rd Tuesdays at 7:00pm

 

The City Council of Half Moon Bay is the City’s governing body, and consists of five elected members. The Council sets priorities and policies, makes final decisions on all major City matters, adopts ordinances and resolutions, appoints the City Manager and City Attorney, and approves the annual budget.

City Council members are elected at-large to four-year, overlapping terms. There are no term limits in Half Moon Bay. The City Council selects one of its members to serve as Mayor and one to serve as Vice Mayor, on an annual basis.

The Half Moon Bay City Council typically meets on the first and third Tuesday of each month starting at 7 pm at the Ted Adcock Community Center, 535 Kelly Avenue.

HMB City Council Agendas and Zoom Links

HMB City Calendar

Watch streaming, or the Pacifica Coast TV video, that we will post. Stay tuned!
The meeting will be held at the Adcock Community Center for any members of the public who wish to speak in person, though we do encourage all members to participate remotely.
The meeting will be:

Members or the public are welcome to submit comments (in accordance with the three-minute per speaker limit) via email

to [email protected] prior to or during the meeting, via Facebook live during the meeting, and via two phone lines during the meeting – (650) 477-4963 (English) and (650) 445-3090 (Spanish).
The City Clerk will read all comments into the record.

Half Moon Bay City Council member’s Contact

  1. Deborah Penrose

    Mayor
    [email protected]
    Phone: 650-726-8250 (leave message with Clerk’s office)

  2. Joaquin Jimenez

    Vice Mayor
    [email protected]
    Phone: 650-726-8250 (leave message with Clerk’s office)

  3. Debbie Ruddock

    Councilmember
    [email protected]
    Phone: 650-726-8250 (leave message with Clerk’s office)

  4. Robert Brownstone

    Councilmember
    [email protected]
    Phone: 650-726-8250 (leave message with Clerk’s office)

  5. Harvey Rarback

    Councilmember
    [email protected]
    Phone: 650-726-8250 (leave message with Clerk’s office)
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One thought on “ACA 1 Legislation Will Create New Funding Stream to Fund Infrastructure Needs Caused by Affordable Housing Projects Like Cypress Point”

  1. Oh boy! Let’s all vote to tax ourselves for local financing of infrastructure “needs” created by over-development of housing projects forced on us by state legislators. Psychological button-pushing emotional appeals over real-world conditions, a contemporary ploy of blindered, urban-mindset state and federal politicians. The harm done to existing local communities goes unrecognized.

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