HomeMy WebLinkAboutOrdinance No. 94-O19 ORDINANCE NO. '94-019
AN ORDINANCE OF THE CITY OF AZUSA AMENDING THE
REDEVELOPMENT PLAN FOR THE RANCH CENTER REDEVELOPMENT
PROJECT TO IMPOSE NEW PLAN LIMITS
WHEREAS, the City Council of the City of Azusa previously
adopted the Redevelopment Plan for the Ranch Center Redevelopment
Project, (the "Redevelopment Project") by Ordinance No. 2402 , 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 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 seq. 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 contains a time
limit which extends to July 17 , 2019, which time limit is longer
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 July 17 , 2039 , which is
longer than the statute allows; and
WHEREAS, the Agency has requested the City Council to
adopt an ordinance which conforms with the limits of the above
statute which permits the Agency to repay its indebtedness over a
period which extends an additional ten (10) years beyond [ July 17 ,
2029 ] , as permitted by Section 33333 . 6 (c) of the Health and
Safety Code; and
WHEREAS, the City Council is permitted to adopt the
required amendments without a public hearing;
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF AZUSA
DOES ORDAIN AS FOLLOWS:
Section 1. Amendment of Redevelopment Plan:
1. The Redevelopment Plan for the Redevelopment Project is
hereby amended at section 540, Financing Limitations, by
amending the second paragraph to read as follows:
"The time limit for establishing loans, advances, and
indebtedness in the Redevelopment Plan shall be July 17 ,
2009 . Loans, advances, or indebtedness incurred on or
before these respective dates may be repaid over a period
of time beyond the time limit, subject to any other
limitations of the Redevelopment Plan. These limits may
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be extended by amendment of the Redevelopment Plan. "
2 . The Redevelopment Plan for the Redevelopment Project is
hereby amended at section 610, Duration of this Plan's
Development Controls, to read as follows:
"The Redevelopment Plan termination date, namely July 17 ,
2029, which is forty (40) years from the effective date
of the adoption of the Redevelopment Plan, shall be the
termination date as required by Section 33333 . 6 (a) (1) of
the Health and Safety Code. "
3 . The Redevelopment Plan for the Redevelopment Project is
hereby amended by adding a new section 650, Receipt of
Property Taxes; Repayment of Debt, which shall read in
its entirety as follows:
"Section 650. Receipt of Property Taxes; Repayment of
Debt. In accordance with Section 33333 . 6 (c) of the
Health and Safety Code of the State of California, the
Agency shall receive property taxes which are allocated
and paid to it pursuant to Section 33670 of said Code,
and the Agency shall be authorized to repay any loans,
advances and indebtedness incurred by the Agency
hereunder, during the period which ends ten (10) years
following the termination of the effectiveness of this
Redevelopment Plan, namely July 17 , 2029 . This section
shall not be construed to affect the validity of any
bond, indebtedness, or other obligation authorized by the
City Council or Agency prior to January 1, 1994 , nor
shall it be construed to affect the right of the Agency
to receive property taxes which are allocated and paid to
it pursuant to Section 33670 of said Code to pay
indebtedness or other obligation, including but not
limited to the obligations set forth in Section
33333 . 6 (g) of said Code. "
Section 2 . Publication - The City Clerk is hereby
ordered and directed to certify to the passage of this Ordinance
and to cause the same to be published in the
, a newspaper of general circulation,
published and circulated in the City of Azusa.
Section 3 . Effective Date - This ordinance shall be
in full force and effect thirty-one (31) days after its passage.
APPROVED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF
AZUSA, THIS 19th DAY OF DECEMBER, 1994 .
Mayor
ATTEST:
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Ci y Clerk P
APPROVED TO FORM:
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City/rtorney
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ORDINANCE NO. 094-019
PAGE 3 OF 3
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES ) ss .
CITY OF AZUSA
I HEREBY CERTIFY that the forgoing Ordinance No. 094-019
was subject to a first reading at a regular meeting of the City
Council of the City of Azusa on the 5th day of December 1994.
That thereafter, said Ordinance was duly adopted and passed at a
regular meeting of the City Council on the 19th day of December , 1994
by the following vote, to wit;
AYES: COUNCILMEMBERS: HARDISON, MADRID, ..NARANJO, BEEBE
NOES: COUNCILMEMBERS: ALEXANDER
ABSENT: COUNCILMEMBERS: NONE
ADOLPH .OLIS, CITY CL R v