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HomeMy WebLinkAboutResolution No. 03-R32r RESOLUTION NO. 03-R32 0 A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA APPROVING THE EIGHTH AMENDMENT TO THE REDEVELOPMENT PLAN FOR THE CENTRAL BUSINESS DISTRICT REDEVELOPMENT PROJECT AND THE THIRD AMENDMENT TO THE REDEVELOPMENT PLAN FOR THE WEST END REDEVELOPMENT PROJECT AREA WHEREAS, the City Council of the City of Azusa ("City") approved and adopted a redevelopment plan for the Central Business District Redevelopment Project Area ("CBD Project Area") on September 18, 1978, by Ordinance No. 2062; and approved and adopted a separate redevelopment plan for the West End Redevelopment Project Area ("West End Project Area") on November 28, 1983, by Ordinance No. 2196; and WHEREAS, on November 7, 1988, by Ordinance No. 2382, the City Council adopted the sixth amendment to the redevelopment plan for the CBD Project Area and the first amendment to the West End Project Area which, among other things, merged the CBD Project Area with the West End Project Area creating one merged project area ("Merged Project Area"); and WHEREAS, the Redevelopment Agency of the City ("Agency") has proposed and prepared an eighth amendment to the redevelopment plan for the CBD Project Area and a third amendment to the West End Project Area (together "Amendments") which, among other things, (i) add territory to the Merged Project Area ("Added Territory"); (ii) reinstate the Agency's right to use eminent domain within certain non-residential portions of the Merged Project Area; (iii) redefine the method by which the tax increment limit is calculated and measured for the Merged Project Area; (iv) combine the bond indebtedness limits of the Merged Project Area and the Added Territory; (v) replace the separate redevelopment plans for the CBD Project Area and the West End Project Area with one amended and restated redevelopment plan ("Amended and Restated Redevelopment Plan") applicable to the Merged Project Area; and WHEREAS, the Agency submitted the proposed Amendments to the planning commission ("Planning Commission")of the City for its report and recommendations, and the Planning Commission by Resolution No. 2003-27 adopted on May 28, 2003, recommended approval and adoption of the proposed Amendments; and WHEREAS, the Agency prepared a report ("Report") to the City Council on the proposed Amendments, containing the items and information set forth in Sections 33352, 33457.1 and 33354.6 of Community Redevelopment Law (Health and Safety Code Section 33000 et seq.) ("CRL"). NOW, THEREFORE, BE IT RESOLVED by the Redevelopment Agency of the City of Azusa as follows: Section 1. The Agency's Governing Board hereby approves the Amendments and recommends that the Amendments be approved and adopted by the City Council. Section 2. The determinations set forth herein shall be deemed final and conclusive. Section 3. The Agency's Governing Board hereby authorizes and directs the City Clerk to certify the adoption of this Resolution and cause the same to be processed in the manner required by law. PASSED, APPROVED AND ADOPTED this 15th day of S City or Azusa CERTIFICATION I, Vera Mendoza, City Clerk of the City of Azusa, and Secretary of the Redevelopment Agency of the City of Azusa, do hereby certify that the foregoing joint Resolution No. 03-R32 was duly adopted by the City Council of the City of Azusa and the Redevelopment Agency of the City of Azusa at a regular meeting thereof, held on the 15'h day of September, 2003 by the following vote, to wit: AYES: COUNCILMEMBERS NOES: COUNCILMEMBERS ABSTAIN: COUNCILMEMBERS WA as APPROVED AS TO FORM: BEST BEST & KRIEGER LLP ��- Sonia R. Carvalho City Attorney HARDISON, STANFORD, MADRID ROCHA CHAGNON ONE Secretary Redevelopment Agency of the City of Azusa