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HomeMy WebLinkAboutResolution No. 03-C0960 17 �6'Z1711111 Y C�]►`i►`CI][Ih�KI'. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AZUSA ELECTING TO RECEIVE ALLOCATIONS OF TAX INCREMENT FROM THE MERGED CENTRAL BUSINESS DISTRICT AND WEST END REDEVELOPMENT PROJECT AREA PURSUANT TO CALIFORNIA HEALTH AND SAFETY CODE SECTION 33607.5(b) 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 for the Central Business District Redevelopment Project Area ('CBD Project Area') on September 18, 1978, by Ordinance No. 2062; and WHEREAS, on July 2, 1979, by Ordinance No. 2077 the City Council adopted the first amendment to the redevelopment plan for the CBD Project Area which, among other things, added territory to the CBD Project Area ('First Added Territory"); and WHEREAS, on July 20,198 1, by Ordinance No. 2113 the City Council adopted the second amendment to the redevelopment plan for the CBD Project Area which, among other things, added territory to the CBD Project Area ('Second Added Territory"); and WHEREAS, on November 28, 1983, by Ordinance No. 2197 the City Council adopted the third amendment to the redevelopment plan for the CBD Project Area which, among other things, added territory to the CBD Project Area ('Third Added Territory"); and WHEREAS, on December 17, 1984, by Ordinance No. 2250 the City Council adopted the fifth amendment to the redevelopment plan for the CBD Project Area which, among other things, added territory to the CBD Project Area ('Fourth Added Territory"); and WHEREAS, the City Council of the City 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, 1989, 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 (1) merged project area ('Merged Project Area'); and WHEREAS, on October 6, 2003, by Ordinance No. 03-06 the City Council adopted the eighth amendment to the redevelopment plan for the CBD Project Area and the third amendment to the West End Project Area which, among other things, replaced 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 RVPUB\KCV\661457 0 0 WHEREAS, pursuant to CRL Section 33333.6(e)(2), the Amended and Restated Redevelopment Plan was amended on October 6, 2003, by Ordinance No. 03-06, to eliminate the deadlines to establish loans, advances or other indebtedness to be paid with the proceeds of property taxes received by the Agency for the Merged Project Area, including the deadlines to establish indebtedness in the First Added Territory, Second Added Territory, Third Added Territory and Fourth Added Territory ("Debt Incurrence Deadlines"); and WHEREAS, pursuant to CRL Section 33333.6(e)(2), the Agency must make the payments to affected taxing entities as required by CRL Sections 33607.5; and WHEREAS, CRL Section 33607.5(b) provides that the City, as the community adopting the Merged Project Area, may elect to receive the amount of tax increment from the Merged Project Area authorized by Section 33607.5(b); and WHEREAS, the City desires to make the election allowed by CRL Section 33607.5(b); and WHEREAS, City staff has determined that electing to receive the amount of tax increment from the Merged Project Area authorized by CRL Section 33607.5(b) is exempt from the requirements of the California Environmental Quality Act ("CEQA"), pursuant to State CEQA Guidelines Section 15378(b), because such election constitutes the creation of 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 City Council of the City of Azusa as follows: Section 1. Election to Receive Tax Increment. In accordance with the authority granted by CRL Section 33607.5(b), the City Council of the Cityhereby elects to receive that amount of tax increment from the Merged Project Area authorized by Section 33607.5(b), commencing with the first fiscal year in which payments are due under CRL, and automatically continuing for every fiscal year thereafter in which the Agency receives tax increment from the Merged Project Area until rescinded, if at all, by subsequent resolution of the City Council. Section 2. Further Acts. The City Manager is hereby authorized, with the concurrence of the City Attorney, to take such further actions and execute such other agreements as may be necessary or appropriate in administering the actions authorized by this resolution. Section 3. CEQA Compliance. The City, as lead agency under CEQA, directs City staff to file a Notice of Exemption with the County Clerk of Los Angeles Countywithin five (5) days following the approval of this Resolution. Section 4. Effective Date. This resolution shall take effect upon its adoption. RVPUBU:CV\661457 C1 PASSED, APPROVED AND ADOPTED this 17`h In ATTFST- • Mayor City of Azusa City of Azusa APPROVED AS TO FORM: BEST BEST & KRIEGER LLP By: ljo 6uC& R �rva U_ City Attorney City of Azusa 1, Vera Mendoza, City Clerk of the City of Azusa, do hereby certify that the foregoing Resolution No. 03-C96 was passed and adopted by the City Council of the City of Azusa at a regular meeting thereof, held on the 17`h day of November, 2003, by the following vote, to wit: AYES: COUNCILMEMBERS: HARDISON, STANFORD, CHAGNON, ROCHA, MADRID NOES: COUNCILMEMBERS: NONE ABSTAIN: COUNCILMEMBERS: NONE ABSENT: COUNCILMEMBERS: NON In City of Azusa RVPUBUCCVA661457