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SB 33 Senate Bill-Bill Analysis Page 2 of 7 of a redevelopment project area. 7)Prohibits an IFD from providing any form of financial assistance to a vehicle dealer or a big box retailer, or a business entity that sells or leases land to a vehicle dealer or big box retailer that is relocating from the territorial jurisdiction of one local agency to the territorial jurisdiction of another local agency, as specified. 8)Specifies that an IFD is a local agency for purposes of the Ralph M. Brown Act. 9)Requires the resolution of intention for the establishment of an IFD to state the need for the IFD and the goals the IFD proposes to achieve by financing public facilities. 10)Requires the legislative body to direct the clerk to mail a copy of the resolution of intention to create the IFD to each owner of land within the IFD and to each affected taxing entity and to direct the clerk to post a copy of the resolution of intention to create an IFD in an easily identifiable and accessible location on the legislative body's Internet Web site. 11)Allows the legislative body to adopt a resolution establishing the IFD, at the conclusion of the required public hearing, based upon a finding that a) the goals of the IFD are consistent with the general plan; and, b) the financing programs undertaken by the IFD are an efficient means of implementing the goals of the IFD. 12)Requires the legislative body to send a copy of the resolution to the public financing authority, after adoption SB 33 Page 3 of the resolution as specified in 11) above. 13)Specifies that projects financed by an IFD that involve construction, alteration, demolition, installation or repair work and dwelling units constructed by an IFD shall be subject to provisions in the Labor Code related to public works, thereby subjecting these types of projects to prevailing wage provisions. 14)Provides that in the case of an affected taxing entity that is a special district that provides fire protection service and where the county board of supervisors is the governing authority or has appointed itself as the governing board of the district, the plan shall be adopted by a separate resolution approved by the district's governing authority or governing board. 15)Clarifies that "net available revenue" means that periodic distributions to the city, county, or special district from the Redevelopment Property Tax Trust Fund (Fund) that are available to the city, county, or special district after all preexisting legal commitments and statutory obligations from that revenue are made, as specified, and prohibits "net available revenue" from including any funds deposited by the county auditor-controller into the Fund or funds remaining in the Fund, prior to distribution. 16)Specifies that "net available revenues" shall not include any moneys payable to a school district that maintains kindergarten and grades 1 to 12, inclusive, or to the Educational Revenue Augmentation Fund (ERAF) . http://www.leginfo.ca.gov/pub/13-14/bill/sen/sb_000I-0050/sb_33_cia_20130829_I 70827_asm_floor.html 7/3/2014