HomeMy WebLinkAboutResolution No. 94-R710
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RESOLUTION NO. 94-R71
A RESOLUTION OF THE COMMUNITY REDEVELOPMENT
AGENCY OF THE CITY OF AZUSA APPROVING AND
SUBMITTING PROPOSED AMENDMENTS TO IMPOSE NEW
PLAN LIMITS ON THE REDEVELOPMENT PLAN FOR THE
WEST END REDEVELOPMENT PROJECT
WHEREAS, the City Council of the City of Azusa previously
adopted the Redevelopment Plan for the West End Redevelopment
Project, (the "Redevelopment Project") by Ordinance No. 2196, a
copy of which is on file at the office of the City Clerk, The City
of Azusa, 213 East Foothill Boulevard, Azusa, California 91702 and
at the office of the Agency at the same address; and
WHEREAS, the Community Redevelopment Agency of the City
of Azusa (the "Agency") is carrying out the redevelopment of the
Redevelopment Project; and
WHEREAS, the California State Legislature in 1993 enacted
Assembly Bill No. 1290 requiring every legislative body having
jurisdiction of a redevelopment agency formed pursuant to the
California Community Redevelopment law to amend, no later than
December 31, 1994, the redevelopment plans applicable to such
agencies in various respects, without complying with the procedural
requirements for amending redevelopment plans as set forth in
section 33450 et secs. of the California Health and Safety Code; and
WHEREAS, the time limit for establishing loans, advances,
and indebtedness is required by Section 33333.6(a) (1) of the
Health and Safety Code to terminate at a date which does not exceed
20 years from the adoption of the plan, or January 1, 2004,
whichever is later, and the Redevelopment Plan is subject to a time
limit which extends to November 28, 2003, which time limit is one
month shorter than that allowed by law; and
WHEREAS, the effectiveness of the Redevelopment Plan is
required by Section 33333.6(b) of the Health and Safety Code to
terminate at a date which does not exceed 40 years from the
adoption of the plan, or January 1, 2009, whichever is later, and
the Redevelopment Plan terminates as of November 28, 2023, which is
the maximum time limit that the statute allows; and
WHEREAS, Section 33333.6(c) of the Health and Safety Code
authorizes the adoption by the City Council of an ordinance which
permits the Agency to repay its indebtedness over a period which
extends an additional ten (10) years beyond November 28, 2023.
NOW, THEREFORE, BE IT RESOLVED by the Community
Redevelopment Agency of the City of Azusa as follows:
Section 1. The Agency hereby requests that the City
Council adopt an Ordinance amending the Redevelopment Plan for the
Central Business District Redevelopment Project to:
A. As required by Section 33333.6(a) (1) of the Health
and Safety Code, clarify that the time limit for establishing
loans, advances, and indebtedness is November 28, 2003, provided
that this limit shall not prevent the Agency from incurring debt to
be paid from the Low and Moderate Income Housing Fund or
establishing debt in order to fulfill the Agency's housing
obligations under Section 33413 of the Health and Safety Code.
B. Clarify that the time limit for effectiveness of
redevelopment activities is November 28, 2023.
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C. As permitted by Section 33333.6(c) of the Health and
Safety Code, provide that the Agency is not to pay indebtedness or
receive property taxes in the form of tax increment beyond an
additional ten (10) years from the plan limits of paragraph B
above.
Section 2. That
adoption of this Resolution
effect and be in force.
the Secretary shall certify to the
and the same shall there upon take
APPROVED AND ADOPTED this 5 th day of December, 1994.
Chairman
ATTE T
Secretdry J
APPROVED
TO FORM:
orney
I HEREBY CERTIFY that the foregoing Resolution No. 94-R71
was duly adopted by the Board of Directors of the Redevelopment
Agency of the City of Azusa, at a regular meeting thereof,
held on the 5th day of December, 1994, by the following vote
of the Agency.
AYES: DIRECTORS: HARDISON,
NOES: DIRECTORS: ALEXANDER
ABSENT: DIRECTORS: NONE
K'I'I1QWA1 R
MADRID, NARANJO, BEEBE