HomeMy WebLinkAboutOrdinance No. 94-O20 ORDINANCE NO. 94-020
AN ORDINANCE OF THE CITY OF AZUSA AMENDING THE
REDEVELOPMENT PLAN FOR THE WEST END
REDEVELOPMENT PROJECT TO IMPOSE
NEW PLAN LIMITS
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 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 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, 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 November
28 , 2023 , 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 602 , Duration, to read as
follows:
"The Redevelopment Plan termination date, namely November
28 , 2023 , 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)
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of the Health and Safety Code. "
2 . The Redevelopment Plan for the Redevelopment Project is
hereby amended by adding a new paragraph at the end of
section 604, Financing Limitations, which shall read as
follows:
"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 November 28, 2023 . 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 .
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ATTEST:
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'may lerk ir
APPROVED AS TO FORM:
Ci •'Attorney
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ORDINANCE NO. 94-020
PAGE 3 OF 3
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES ) ss .
CITY OF AZUSA
I HEREBY CERTIFY that the forgoing Ordinance No. 94-020
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
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ADOLPH :LIS, CIT' CL 'K -�