HomeMy WebLinkAboutSignature Letter - SB 780 (Cortese) 10.04.2021
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October 4, 2021
The Honorable Gavin Newsom
California State Governor
State Capitol, First Floor
Sacramento, CA 95814
RE: SB 780 (Cortese) – Request for Signature
Dear Governor Newsom,
On behalf of the City of Cupertino, I write to request your signature on SB 780 for the
reasons outlined in our correspondence, enclosed, to Assemblymember Aguiar Curry supporting
this legislation.
Sincerely,
Darcy Paul
Mayor
City of Cupertino
cc: Senator Dave Cortese
Assemblymember Evan Low
Assemblymember Marc Berman
Angela Pontes, Deputy Legislative Secretary, Office of Governor Newsom
Enc: Correspondence to Assemblymember Aguiar Curry Supporting SB 780 (June 9, 2021)
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June 9, 2021
The Honorable Cecilia Aguiar‐Curry
State Assemblymember, 4th District
State Capitol, Room 5144
Sacramento CA 95814
RE: SB 780 (Cortese) – SUPPORT
Dear Assemblymember Aguiar‐Curry,
On behalf of the City of Cupertino, I am writing to express our support for SB 780
(Cortese), which would make positive changes to current law governing Enhanced Infrastructure
Financing Districts (EIFDs) and Community Revitalization Investment Authorities (CRIAs).
SB 780 allows local agencies forming an EIFD or CRIA to appoint an alternate member of
their legislative body and form “project areas” within a proposed CRIA or EIFD rather than create
separate districts. This bill also makes several EIFD‐specific changes, including requiring the
EIFD to make their plan available to the public on its website; clarifying that when a taxing entity
joins an EIFD, its tax increment calculation is based on the last equalized assessment roll; and
allowing the EIFD to consolidate existing requirements to mail the plan when complete and make
the plan available at least 30 days before noticing the first public meeting. Lastly, this bill requires
a CRIA, to consider whether the property owners and residents within the plan area wish to
propose amendments to the plan every 15 years.
The elimination of redevelopment agencies left local governments with limited options to
accomplish economic development goals related to the building of affordable housing,
infrastructure improvements, and job creation. The introduction of tax increment tools like EIFDs
and CRIAs are helpful alternatives but can take years for tax increments to accumulate and can
be difficult to implement. SB 780 seeks to address the practical implementation‐related issues
associated with these programs. The City of Cupertino believes that these clarifying changes will
help our City and other local agencies use these tools to advance local economic development
efforts. We support the integrity of this thoughtful effort to address local and state‐wide issues.
MAYOR DARCY PAUL
CITY OF CUPERTINO
CORRESPONDENCE TO ASSEMBLYMEMBER AGUIAR‐CURRY SUPPORTING SB 780 page 2 of 2
It is for these reasons that the City supports SB 780.
Sincerely,
Darcy Paul
Mayor
City of Cupertino
cc: Senator Dave Cortese
Assemblymember Evan Low
Assemblymember Marc Berman
Assembly Committee on Local Government:
Assemblymember Cecilia M. Aguiar‐Curry (Chair)
Assemblymember Tom Lackey (Vice Chair)
Assemblymember Richard Bloom
Assemblymember Tasha Boerner Horvath
Assemblymember James C. Ramos
Assemblymember Luz M. Rivas
Assemblymember Robert Rivas
Assemblymember Randy Voepel