Redevelopment: Fort Ord Reuse Plan: project area territory.

Existing law, known as the Fort Ord Reuse Authority Act, authorizes specified local agencies in Monterey County to establish the Fort Ord Reuse Authority to prepare, adopt, finance, and implement a plan for future use and development of the territory occupied by the Fort Ord military base in Monterey County. Existing law authorizes a city or county redevelopment agency to establish a project area that includes territory within the jurisdiction of the city or county that is also within the territory of Fort Ord, but only pursuant to the provisions of the act. Existing law also prohibits a redevelopment agency from providing any form of direct assistance to a development that will be or is on a parcel of land which has not been previously developed for urban use and that will generate sales or use tax, except as specified. This bill would exempt the territory within a project area added pursuant to the Fort Ord Reuse Authority Act from the prohibition if the redevelopment agency, prior to establishing the project area, adopts a resolution making specified findings and if the territory is designated as having a specified use.