Loading...
HomeMy WebLinkAboutResolution No. 03-R410 RESOLUTION NO. 03-1141 0 A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA RECOMMENDING THAT THE CITY COUNCIL OF THE CITY OF AZUSA ADOPT AN ORDINANCE ELIMINATING THE DEBT INCURRENCE DEADLINE FOR THE REDEVELOPMENT PLAN FOR THE RANCH CENTER REDEVELOPMENT PROJECT AREA IN ACCORDANCE WITH CALIFORNIA HEALTH AND SAFETY CODE SECTION 33333.6 WHEREAS, pursuant to the provisions of California Community Redevelopment Law (Health and Safety Code Section 33000 et seq.) ("CRL"), the City Council ("City Council") of the City of Azusa ("City") approved and adopted a redevelopment plan ("Redevelopment Plan") for the Ranch Center Redevelopment Project Area ("Project Area") on July 17, 1989, by Ordinance No. 2402;and WHEREAS, the Redevelopment Plan currently provides, among other things, that the Agency's authority to establish loans, advances or other indebtedness to be paid with the proceeds of property taxes received by the Agency for the Project Area expires on July 17, 2009 ("Debt Incurrence Deadline"); and WHEREAS, pursuant to CRL Section 33333.6(e)(2), the aforementioned Debt Incurrence Deadline maybe eliminated pursuant to the adoption of an ordinance by the City Council of the City acting in its capacity as the Agency's legislative body; and WHEREAS, the Agency desires to eliminate its Debt Incurrence Deadline in accordance with CRL Section 33333.6 and recommends that the City Council of the City adopt an ordinance eliminating the Debt Incurrence Deadline currently set forth in the Redevelopment Plan for the Project Area in accordance with CRL Section 33333.6; and WHEREAS, Agency staff has determined that elimination of the Debt Incurrence Deadline as authorized by CRL Section 33333.6 is exempt from the requirements of the California Environmental Quality Act ("CEQA"), pursuant to State CEQA Guidelines Section 15378(b), because such elimination constitutes the creation of a funding mechanism or other governmental fiscal activity which does not involve any commitment to any specific project which may result in a potentially significant physical impact on the environment. NOW, THEREFORE, BE IT RESOLVED by the Governing Board of the Redevelopment Agency of the City of Azusa as follows: Section 1. The Governing Board of the Agency hereby recommends that the City Council of the City adopt an ordinance eliminating the Debt Incurrence Deadline currently set forth in the Redevelopment Plan for the Project Area in accordance with CRL Section 33333.6. RVPUBV:CV\661577 0 0 Section 2. The Executive Director of the Agency is hereby authorized and directed to undertake such actions and execute such documents as may be reasonably necessary or convenient to the carrying out and administration of the actions authorized by this resolution. Section 3. Agency staff is hereby directed to file a Notice of Exemption with the County Clerk of Los Angeles County within five (5) days following the approval of this resolution. Section 4. This resolution shall take effect upon its adoption. PASSED, APPROVED AND ADOPTED this 17th day ofo tuber, 2003. Chair of the Governing Board Redevelopment Agency of the City of Azusa ATTEST: By: Vera Mendoza, Secretary Redevelopment Agency of the City of Azusa APPROVED AS TO FORM: BEST BEST & KRIEGER LLP By: 7�G'2C�L�i2�L CG1_, Agency Counsel Redevelopment Agency of the City of Azusa 1, Vera Mendoza, Secretary of the Redevelopment Agency of the City of Azusa, do hereby certi fy that the foregoing Resolution No. 03-R41 was passed and adopted by the Governing Board of the Redevelopment Agency of the City of Azusa at a regular meeting thereof, held on the 17th day of November, 2003, by the following vote, to wit: AYES: BOARDMEMBERS: HARDISON, STANFORD, CHAGNON, ROCHA, MADRID NOES: BOARDMEMBERS: NONE ABSTAIN: BOARDMEMBERS: NONE ABSENT:— A EM RS: NONE -` By: i Vera Mendoza, Secretary Redevelopment Agency of the City of Azusa R%TUMCCAW1577